Platinum Luxury Auctions Offers Ocean View Estate in Laguna Beach, CA

After announcing the $6.215 million-dollar closing of a ranch in northern California, Miami-based luxury real estate auction firm Platinum Luxury Auctions has announced yet another luxury auction® in southern California’s Orange County. On November 18th, 2016, a hilltop estate in Laguna Beach will be sold at a live auction to the bidder who puts forth the highest price at or above the auction’s reserve bid of $2 million. The residence was previously listed for $7 million. Listing agent John Stanaland of Hôm Sotheby’s International Realty is cooperating with Platinum as the broker or record for the sale.

Platinum specializes in the non-distressed, auction sale of multimillion-dollar properties on behalf of their wealthy owners, who have often been unsuccessful in selling their home using the traditional brokerage process. The firm conducts approximately 90% of its business in the United States, with the balance in foreign markets such as the Caribbean, Canada and Mexico.

“With the exception of one transaction in mid-2013, we have sold and closed every property we’ve handled in California, so we really enjoy the opportunity to represent clients and properties there,” stated Trayor Lesnock, founder and president of Platinum. “We’ve certainly seen consistency in the global appetite for luxurious California properties.”

With unobstructed views of the Pacific Ocean from its elevated, hilltop location, the property is an excellent choice for those who prefer life with a water view. The main and upper living levels offer oversized, ocean view terraces, while the lowermost level features a walk-out loggia with fireplace, summer kitchen, water features, and a custom pool and spa with rock waterfall.

“It’s easy to envision yourself relaxing in the pool or spa with a nice glass of wine while enjoying a front row seat to Laguna’s golden sunsets,” said Kevin Vaughan, Platinum’s project manager for the transaction. “And with the property’s elevated location and its setback from the beach, the homeowner is afforded a charming view of Laguna below.”

Custom built in 1996 and meticulously maintained, the estate offers elegant finishes and a bright, contemporary design. Three living levels sum to a very manageable 7,200 square feet of interiors, with seven bedrooms and 5 baths. Prominent features include a gourmet kitchen, formal dining, billiards room, home theater, music room, a dual-sided, saltwater fish tank, fitness room with sauna, and an elevator servicing all levels. There are also multiple fireplaces throughout the residence, in addition to a number of wet bars/kitchenettes.

The estate is available for open house previews between the hours of 12 and 4pm PDT daily, until the auction. Additional information is available at LagunaBeachLuxuryAuction.com, or by calling 800.678.8445.

Platinum Luxury Auctions Announces Auction of 42-Acre Connecticut Estate

Building on the momentum of a string of recent sales in the western United States – including the auction of a California ranch at 114% of its most recent appraisal – veteran luxury real estate auction firm Platinum Luxury Auctions has announced the upcoming auction of a 42-acre, country-style home in Litchfield County, CT. Located in the rural enclave of Kent, the property was once asking $10.9 million, but will now be sold on November 17, 2016 at a live auction to the highest bidder who meets or exceeds the auction’s reserve price of only $2.75 million. A smaller, adjacent property situated on more than 6 acres – ideal for hosting additional family members and extra guests – is also available separately. Platinum is managing the auction in cooperation with listing brokerage William Pitt Sotheby’s International Realty, in Kent, CT. Listing agent Judy Perkins is representing William Pitt for the sale.

“On the heels of five consecutive property sales in the months of September and October with Sotheby’s International Realty affiliates in Colorado, California and Utah, we’re pleased to return to the northeast for our first transaction in Connecticut, with William Pitt Sotheby’s,” announced Trayor Lesnock, Platinum’s president and founder. “We’ve been discussing the possibility of this auction with Platinum for more than a year. The property owners are extremely diligent, and are confident Platinum was the best auction firm to present their home to the international marketplace,” added Mrs. Perkins.

Situated on 42 private acres in southern Kent, the property offers striking views of the conserved and protected lands that surround it. These lands also ensure that the estate is protected from encroaching developments.

When the owners purchased the property as a raw parcel of beautifully wooded land, they wanted to ensure the home they constructed would compliment – rather than interfere with – its natural surroundings. They enlisted the services of a former associate of Frank Lloyd Wright to design the estate, and much of the natural stone and timber that was accumulated during clearance of the homesite was repurposed in order to build the residence. Many of the wooden beams used in the estate were cut and treated by hand.

The end result is a sprawling manor featuring warm woods and carved mantles that speak to the rich architectural heritage of New England. Prominent features include lofted ceilings with exposed beams, a wine cellar, billiards room, eight fireplaces, an art/music gallery, gourmet kitchen with top-of-the-line appliances, and a sun/summer room. The residence offers 6 bedrooms, 6 full and 2 half baths throughout two levels of luxury living: a main level of 7,200 square feet, and a lower level adding an additional 6,700 square feet. Many of the rooms open onto terraces, patios, or manicured lawns, emphasizing the Property’s harmony with nature.

In addition to the main residence, there is also a lovely pool house with a full bath, a custom pool with infinity-edge design, an artist’s studio (also with a full bath), and several small outbuildings for storage and utilities.

An adjacent property – which will be offered for sale separately from the primary estate – sits on nearly 7 acres, and features a main residence of more than 2,300 square feet, in addition to a guesthouse of 660 square feet. In total, this adjacent property offers 4 bedrooms and 3 full baths. There is also a 2-car garage, and two private ponds on site. It is ideal for housing caretakers, extra members of large families or party guests, or to be used as an entirely separate residence.

The property is available for previews between the hours of 12 and 4pm EDT daily, until the auction. Additional information is available at ConnecticutLuxuryAuction.com, or by calling 800.218.5173.

Bidding Soars Beyond Reserve at Platinum Luxury Auctions’ Sale of California Ranch

After six weeks of international marketing and on-site property tours, five registered bidders gathered in the dining room of the East Ranch estate in Mendocino County’s Redwood Valley on the evening of September 17, to participate in a live auction sale with the hopes of becoming the property’s new owner. After approximately 15 minutes of rapid-paced bidding, the property was sold. The sale was managed by Miami-based auction house Platinum Luxury Auctions, a firm that specializes in the non-distressed auction sale of multimillion-dollar properties on behalf of their affluent owners. Real estate brokerage Dreyfus Sotheby’s International Realty served as the broker of record for the sale. Listing agent Chris Iverson represented Dreyfus Sotheby’s in the transaction.

While the sale price will not be released until closing – which is scheduled for thirty calendar days from the auction date – Platinum and Sotheby’s stated that the figure “more than doubled” the auction’s $3 million reserve price, and was well in excess of the seller’s expectations. Prior to the launch of the auction process, the property had been listed for $8 million, but sat on the market for more than 18 months without a viable offer. “I really applaud all of the parties on this fantastic sale,” stated Trayor Lesnock, Platinum’s president and founder. “We had very receptive sellers who allowed our team to guide them through the luxury auction process, and Chris Iverson is perhaps one of the best agent partners with whom we’ve had the pleasure to work. It was a true team effort.”

Located in California’s Mendocino County, the East Ranch is within a 2.5-hour drive of the heart of San Francisco, and less than one hour and 45 minutes from Napa Valley. Known for its natural beauty, parks, beaches, and more than 570 wine vineyards – many of which are still operated by second or third generation families – Mendocino is a charming area that feels worlds away from the static of city living.

Although the East Ranch is a working farm, life on the ranch is not exactly “roughing it:” the property includes a luxurious, Victorian-inspired residence which offers nearly 7,500 sq. ft. of living space, 5 bedrooms, 4 full and one-half bath. The residence was custom built in 1997, and has been meticulously maintained throughout the years. “I did not see one settling crack, scratch, or other defect in the entire residence. The seller’s care for the property is simply exceptional,” said David Ashcroft, Platinum’s director of business development and a manager for the sale.

Adjacent to the main home is a 3-car garage, which includes a beautifully finished office/studio, which adds another 760 sq. ft. of living space and one half bath. Additional features include a gazebo, a 4,900-sq.-ft. barn, 40,000 sq. ft. of manicured lawn, three rock wall flowerbeds and nearly 1,600 plants and shrubs.

During its marketing process in advance of the auction sale, Platinum reported that it received more than 39,870 international visitors to the property’s dedicated webpage and fielded 74 bona fide inquiries. The buyer of the property is reported to be an experienced real estate developer from the San Francisco area, who intends to use the ranch as a weekend retreat for his family.

Those seeking more information on this sale may contact Platinum Luxury Auctions at 800.262.5132. Additional details are also available at CaliforniaLuxuryAuction.com.

Four Properties in Park City-Area Ranch Community Slated for Sept. Auction

Miami-based Platinum Luxury Auctions, a real estate auction firm specializing in the non-distressed sale of multimillion-dollar properties on behalf of wealthy sellers, has announced the September 30th auction of four residential lots in the exclusive community of Wolf Creek Ranch. Each of the 160-acre lots was previously listed for $1.35 million. On auction day, at least one of the lots will be sold without reserve, meaning that the highest bidder will prevail regardless of the bid price. The remaining three lots will be sold subject to the owner’s acceptance of the highest bid.

The properties, located in Heber City, Utah, about 25 minutes from Park City, are being marketed for auction in cooperation with the Lange Group of Summit Sotheby’s International Realty, the listing brokerage of record. Listing agents Will Lange and Matt Mullin are representing Summit Sotheby’s for the transaction.

An interesting aspect of the auction is that the four properties are being offered using a method called “high bidder’s choice” (or simply “bidder’s choice”). Rather than auctioning the individual lots one-by-one, the high bidder’s choice method allows the highest bidder from a given round of bidding to select the lot of his choice from amongst the four that are available. Once the first high bidder selects his lot, the bidding process will then repeat, with the new high bidder selecting his lot from the remaining three that are available, and so forth.

“This method of auction is a common strategy when we offer like-kind real estate assets located within the same, immediate market area,” according to David Ashcroft, Platinum’s director of business development. “It increases the efficiency of the bidding process for both buyer and seller.” Ashcroft also added that the seller has the option to offer more than one parcel without reserve, so bidders worried that only one round of bidding may offer a “great deal” need not be disappointed. “It’s not uncommon for us to offer more assets without reserve than originally planned, once the live bidding process is underway,” he noted.

Occupying 13,200 private acres and with only 80 homesites, Wolf Creek Ranch ensures it residents a sense of peace and privacy amidst Utah’s natural beauty. “My favorite part of Wolf Creek Ranch is that I can go there and feel like I’m the only person in the world. Although it’s not far from town and the neighbors are always up for a get together, there’s a real air of seclusion and it is restful and relaxing to have somewhere to call home that’s still like that,” stated Will Lange, the lead agent for the Lange Group of Summit Sotheby’s.

Community amenities include an owners’ lodge with catering kitchen, fire pit, and outdoor grill/entertainment area, in addition to an equestrian center (the community offers nearly 60 miles of riding trails). Those who enjoy working with the rod and reel will appreciate the experienced trout-fishing guide on staff at Wolf Creek, helping new anglers navigate the community’s mile-long strip of private frontage on the Upper Provo River.

The four auction parcels range from 160 to 166 acres in size, and are located near the western border of the community. The lots boast beautiful, natural vegetation such as aspen groves and pine forests, and are permitted for up to three structures each (ideal for those who want to build a large, luxury home, adjacent barn and covered riding arena, for example).

Property previews will be held at Wolf Creek Ranch from 12-4pm MDT daily, until the auction date. Prospective purchasers may visit UtahLuxuryAuction.com to learn more about the property, or may call 800.262.5132 to speak with a Platinum associate.

Always Wanted Your Very Own Castle? Head to Redstone, Colorado Oct 7th

At the turn of the 20th century, John Cleveland Osgood was a powerful coal and steel industrialist who pioneered his way into being one of the wealthiest people in the United States (purportedly raking as the sixth wealthiest man in the country in 1900). A significant portion of Osgood’s empire was based just outside of Aspen, in Colorado’sbeautiful Roaring Fork Valley. There, Osgood literally built – and founded – a town, known to this day as Redstone, Colorado. In addition to housing for his employees and public buildings such as a hospital and library, Osgood constructed his own, magnificent residence, boasting 42 rooms and nearly 24,000 square feet, and situated on 150 private acres.

On October 7, 2016, Osgood’s former home – most commonly known as “Redstone Castle” (though also referred to as Cleveholm Manor and Osgood Castle) – will be sold at a live auction managed by luxury real estate auction house Platinum Luxury Auctions. Although recently listed for $7.5 million, the property will now be sold to the highest bidder who meets or exceeds a bid of only $2 million. Platinum is conducting the auction sale in cooperation with Aspen-Snowmass Sotheby’s International Realty, the property’s brokerage of record. Listing agents Ted Borchelt and Jana Dillard are representing Sotheby’s for the sale.

The property has been through a series of owners since Osgood’s death in 1926. It remains a fairly popular tourist attraction – the current owner opens the property for paid public tours – and serves as the centerpiece of the small mountain hamlet of Redstone.

Listed on the National Register of Historic Places since 1971, the Castle provides a unique glimpse into the style and social culture of America’s elite at the turn of the 20th Century. The Tudor-style estate is filled with the finest furnishings of its era: wooden paneling designed by Gustav Stickley (famed for his work in the American Craftsman style), intricately cast brass globe lights created by Louis Comfort Tiffany (of the Tiffany & Co. family), and countless pieces of furniture and artwork collected by the Osgoods on their frequent trips to Europe.

When Osgood was in residence, Redstone Castle played host to American icons such as John D. Rockefeller, J. Pierpont Morgan and Teddy Roosevelt. In 2006, the estate was used in the filming of the Hollywood movie The Prestige, featuring Christian Bale, Hugh Jackman and Scarlett Johansson.

“Perhaps one of the most intriguing aspects of these historic properties is the quality and composition of their structures and décor,” noted Trayor Lesnock, Platinum’s founder and president. “Redstone Castle was constructed using materials and methods that either no longer exist today, or are simply too costly and impractical to reproduce. It’s truly a case of the, ‘They just don’t make things like they used to,’ phenomenon.” Lesnock noted that unique aspects of the property include ceilings finished with real gold leaf, walls upholstered in fine silks, and doors covered in elephant hide that has been dyed in various colors.

In total, the castle offers 21 bedrooms, 14 full and 2 half baths, while a separate carriage house adds another 4,700 square feet, with 3 bedrooms, 2 full and one half baths. Although designed in the same Tudor style as the castle, the carriage house was renovated in the 1990’s, and includes twelve beautiful horse stalls and a tack/display room on its lower level.

While the Castle’s current owner chose to keep the property largely as a private asset, limiting its commercial use to basic tours, the property can be repurposed for other commercial uses, and was in fact once operated as a boutique bed and breakfast by one of its past owners. “In addition to revitalizing the hotel concept, the property has excellent potential as a fine restaurant, sporting club, educational or rehabilitation center, or as a wedding and special events venue,” noted Aaron Carmody, Platinum’s project manager for the transaction. “Of course, someone can always use the property as his own private castle.”

Redstone Castle will be open for previews daily until the auction date, between the hours of 9am and 1pm MDT. Interested parties may contact a Platinum associate at 800.262.5132, or visit COLuxuryAuction.com for photos, video, and an extensive folio of informational documents.

1,750-Acre Ranch in California’s Mendocino County Headed to Auction

On September 17, 2016, those looking to try their hand at ranch ownership or wine production – or those simply looking for plenty of buffer space from neighbors – will be well served to place their bid for the East Ranch, a 1,745-acre estate located in Redwood Valley, within California’s Mendocino County. Though recently asking $8 million, the property will now be sold to the highest bidder above the auction’s $3 million reserve price. The ranch’s owners retained veteran luxury real estate auction firm Platinum Luxury Auctions for the sale. Platinum is managing the transaction in cooperation with listing brokerage Dreyfus Sotheby’s International Realty, in Menlo Park, California, represented by listing agent Chris Iverson.

The East Ranch is located within a 2.5-hour drive of the heart of San Francisco, and less than one hour and 45 minutes from Napa Valley. Known for its natural beauty, parks, beaches, and more than 570 wine vineyards – many of which are still operated by second or third generation family farms – Mendocino offers a welcome respite from the stresses of city living.

Living on the East Ranch does not mean having to “rough it:” the property includes a luxurious, Victorian-inspired residence, offering nearly 7,500 sq. ft. of living space, 5 bedrooms, 4 full and one-half bath on four levels. Although boasting a Victorian-era design, the residence was custom built in 1997, and has been meticulously maintained throughout the years.

Adjacent to the main home is a 3-car garage, which includes a beautifully finished office/studio, which adds another 760 sq. ft. of living space and one half bath. Additional features include a gazebo, a 4,900-sq.-ft. barn, 40,000 sq. ft. of manicured lawn, three rock wall flowerbeds and nearly 1,600 plants and shrubs.

Despite the size of the ranch, the property is actually very manageable. “From both a cost and operational standpoint, the owners have created a property that is very efficient,” noted David Ashcroft, Platinum’s director of business development and the lead manager for the firm on the transaction.

Mr. Ashcroft added that much of the ranch’s land is contracted under the Williamson Act (aka, the California Land Conservation Act of 1965), which significantly reduces the property tax. In addition, the ranch’s 21 ponds and four natural springs provide an ample water supply – all preserved through water rights granted to the property owner – to service the property’s domestic and ranching operations. “Per the property owners, the natural water supply has kept the ranch running smoothly for decades, even during California’s driest times.”

For those interested in winemaking, the East Ranch offers 50-75 plantable acres for wine grapes, and the property’s water supply makes a potential wine operation much more feasible. In fact, the ranch’s owners previously operated a very viable commercial vineyard located immediately south of the property.

While a modest number of cattle graze the East Ranch each year, the owners have largely focused on the improvement and conservation of the property’s beautiful, natural landscape. For example, there are seven species of oak on the property (whereas most areas in California are lucky to have two or three species – of the nine total that can be found in the state), in addition to redwood groves and even a modest orchard offering apples, pears, peaches, nectarines and pluot.

The East Ranch is available for previews between the hours of 9am and 1pm PDT daily, until the auction. Additional information is available at the property’s dedicated webpage, CaliforniaLuxuryAuction.com, or by calling 800.262.6132.

Platinum Luxury Auctions Announces Successful Sale on Hawaiian Island of Kauai

A Hawaiian residence that was awarded HGTV’s “Favorite Backyard Retreat” as part of the popular television network’s Ultimate House Hunt contest in 2015 has finally found a buyer. Luxury real estate auction firm Platinum Luxury Auctions has announced that the Princeville, Kauai property sold at a live auction on July 23rd. Platinum managed the transaction in cooperation with the property’s listing brokerage, Hawai’i Life Real Estate Brokers, which was represented by listing agents Ben Welborn and Tiffany Spencer. While the final sales price of the property will not be released until closing, Platinum confirmed that the price “easily surpassed” the auction’s $3 million reserve price.

Although the HGTV accolades and affiliated press garnered the estate plenty of exposure, it remained listed for sale for several years with no viable offers. The owners finally realized they needed to take a more dynamic approach – such as a well-promoted auction – to find the right buyer for their custom home. Following an exhaustive vetting of leading real estate auction houses – they retained Miami-based Platinum for the sale. Once the auction was announced, buyers began paying attention immediately.

“Within only 6 weeks of international marketing, we were able to produce 121 on-site showings of the property, in addition to receiving nearly 54,000 pageviews from more than 17,500 global visitors to the auction’s page on our website,” stated David Ashcroft, Platinum’s director of business development and the lead manager of the sale for the firm. “This is rather significant when you consider the home was on the market for years without a viable offer, and with only a handful of showings.”

The property sits on a secluded parcel of more than 1.5 acres in size. Its elevated location allows for panoramic views of Kauai’scoveted Hanalei Bay, in addition to an awe-inspiring landscape of natural waterfalls, verdant mountains, sublime sunsets, and even the occasional rainbow. It was these views, combined with the property’s impressive lanai – which includes a 50-foot saltwater pool and spa, a resort-style waterfall and grotto, multiple fire pits, and an outdoor kitchen – that earned the estate the HGTV award.

Built in 2011, the property is comprised of a main residence and a separate guesthouse. In total, there is more than 5,700 square feet of living space, with 4 bedrooms, 4 full and 2 half baths, in addition to 2 outdoor showers. Interiors are luxurious yet relaxed, and feature materials sourced from around the world, including hand-hewn wooden flooring, Indonesian granite, Brazilian mahogany, and Italian stone. Additional amenities include state-of-the-art technology such as an indoor/outdoor wireless audio system, remote controlled sunshades, and custom lighting.

“We’re pleased to announce that our first transaction in Hawaii was a great success,” stated Trayor Lesnock, Platinum’s president and founder. “While the Hawaiian islands can be a very insular market from an operational perspective, this sale proves yet again that Platinum’s deep experience and focus on deal execution allows us to enter new and challenging markets, apply our process and find immediate success.”

Lesnock added that the all-cash, “AS-IS” sale is scheduled to close ahead of the prescribed, 30-day closing period. He described the buyer as a businessman from the United States.

Luxury Lodge with 26-Seat Hot Tub and 18-Hole Putting Course Heads to Auction

Those wealthy homebuyers seeking their own private retreat in the mountains, replete with a hot tub for 25 friends and an 18-hole putting course, needn’t look further than the Big EZ Lodge in Big Sky, Montana. Once listed for sale for as much as $24.5 million, the property will now be offered at a live auction to the bidder who meets or best exceeds the auction’s reserve bid price of only $4 million. The auction is scheduled for August 19th, and will be held on the property site.

The transaction is being managed by luxury real estate auction firm Platinum Luxury Auctions, in cooperation with listing agency Realty Big Sky, of Big Sky, Montana. Listing agent Lesli Colis is representing Realty Big Sky for the sale.

Situated on a sixty-acre parcel of rolling green hills, the Big EZ Lodge consists of three main living structures – the Main Lodge, Guest Inn and Lone Star Suite – in addition to caretaker’s quarters and a barn apartment. In total, the property offers nearly 23,000 square feet of living space, with 16 bedrooms, 17 full and 5 half baths.

Posh amenities include a gourmet kitchen with commercial-grade appliances, private spa, fitness center, and beautifully designed common areas boasting a rustic-meets-luxury ambiance. More than 7,000 square feet of deck space and walkways provide plenty of opportunity to relax and enjoy the great outdoors, while keeping all of one’s creature comforts within arm’s reach. Grounds feature a massive hot tub with cascading waterfall that can seat up to 26 guests, an 18-hole putting course, two trout ponds, and 360-degree views of the breathtaking surroundings.

“We’ve handled many large, private properties that have been positioned as a ‘corporate retreat,’ or ‘large family compound,’ but the Big EZ Lodge truly fits that bill,” noted David Ashcroft, Platinum’s director of business development. “It’s perfect for very large families or businesses looking for a unique, VIP-caliber asset.”

The Big EZ Lodge was originally designed as a corporate retreat in 1997 by Texas entrepreneur R. Steven Hicks, a radio industry mogul whose company, AMFM, Inc., essentially became the predecessor to Clear Channel Communications. The name of the lodge is derived from “the Big Easy,” the nickname for New Orleans, an area of which Hicks and his wife are quite fond.

After operating the estate for several years as a luxury bed and breakfast – earning the ninth spot in Andrew Harpers Hideaway Report’s “World’s Best Hotels, Resorts and Hideaways” in 2004 – the Hicks family remodeled the property and converted it into a private luxury retreat. They then decided to further develop and sell the land surrounding the Big EZ Lodge, creating the Big EZ Estates community, a private residential development consisting of only 53 home sites, each site ranging from 20-40 acres in size. The community is located only 15 minutes from the town center of Big Sky, and within 45 minutes of the Yellowstone National Park.

The Hicks sold the property in 2013 to its current owner, a healthcare entrepreneur, who then retained Platinum for the resale of the property after the demands of his growing business diminished the time he was able to spend in Big Sky.

Interested parties are encouraged to visit the lodge during open house previews, which will be held between the hours of 12-4pm MDT daily, until the auction. Additional information is available at the property’s dedicated webpage, BigSkyLuxuryAuction.com, or by calling 800.262.5132.

Texas Mansion Fit for Grand Entertaining Heads to Auction on July 30th

After setting what is believed to be the record resale price for a home located within the Woodlands, Texas earlier this year with the $7.1 million sale of DanMar Manor, luxury real estate auction house Platinum Luxury Auctions is offering another property within the community at a live auction on July 30th. Although previously listed for $12.9 million, the property will now sell to the bidder offering the highest bid at or above the auction’s $5 million reserve price. Beth Wolff Realtors of Houston, Texas is the real estate brokerage of record for the transaction. Wolff is represented by listing agent Theresa Roemer, who also owns the home with her husband.

Mrs. Roemer noted that while her family really enjoys the home, it was always designed to be a fun project that they would put up for re-sale. Once they did, however, the Houston-area real estate marketplace proved to be sluggish to respond. “‪I was frustrated that the home had not sold traditionally, so I knew I needed to be more forward-thinking with something like an auction,” she stated. The Roemers then retained Platinum for the sale after interviewing several other real estate auction houses and being most impressed with the Miami-based firm’s track record and operational transparency.

The tri-level estate sits on a 2-acre parcel with a large backyard that offers peaceful, golf course views. There are a total of nine bedrooms, ten full and three half baths in the home, distributed throughout more than 17,000 square feet of living space.

Mrs. Roemer and her husband, a successful oil and gas entrepreneur, purchased the property in 2013 and began an extensive renovation that concluded in 2014. The result is a feature-packed mansion that is sure to impress even the most particular luxury homebuyer.

For example, the home’s outdoor living area is inspired by luxury resorts such as the Las Vegas Wynn. It features a sprawling pool and spa, waterfall wall, fire pit, and a beautiful outdoor living room with adjacent kitchen/bar and cabana bath. Inside the estate, the master suite includes a three-story, 3,300-square-foot closet used solely by the lady of the house, which includes its own spiral staircase, champagne bar, vanity station, and extensive built-ins with custom lighting. The grandeur of the closet earned it a feature on Good Morning America.

Despite the fuss made about exotic features such as the closet, Platinum’s representatives noted that the home is far from a white elephant. “The Roemers and their architect did an excellent job in creating a luxurious living space that is grand but also comfortable and functional, and that caters perfectly to their active lifestyle,” stated David Ashcroft, Platinum’s director of business development. “It’s really a very practical home for today’s luxury homebuyer who has a large family and/or who likes to entertain.”

Mr. Ashcroft points to the home’s primary kitchens – there are two on the main level – as an example of the form-meets-function nature of the home. The sleek, gourmet kitchen is large enough to handle any day-to-day culinary demands, but when combined with the adjacent – and equally large – catering kitchen, it allows for the convenient service of up to hundreds of guests. Additional property features include a two-story foyer, private beauty salon, wine lounge, theater, fitness/massage room, and an upper-level lounge with wet bar.

Property previews are held by appointment until auction day. Interested parties may contact Platinum Luxury Auctions at 800.217.7113 or visit WoodlandsLuxuryAuction.com for photos, HD video, and various property documents.

Nine-Time Emmy-Winning News Anchor’s 80-Acre Estate Heads to Auction

A sprawling and private countryside estate in southwestern Michigan will be offered for sale at a live auction on July 29, 2016. Boasting a main residence designed by Notre Dame professor of architecture Alan DeFrees, the 80-acre property will be sold to the highest bidder who meets or exceeds a bid of only $2.25 million – the auction’s reserve price. The property was previously asking $6 million.

Platinum Luxury Auctions, a prominent luxury real estate auction firm responsible for developing the luxury auctionSM sales methodology for multimillion-dollar home auctions, is managing the sale in cooperation with listing agent Nieves “Nina” Molter of At Properties in New Buffalo, Michigan.

Located in the quaint town of Buchanan, Michigan, the property belongs to Diann Burns, a nine-time Emmy-award-winning broadcast journalist and former Chicago news anchor. Some of Ms. Burns’ career highlights include exclusive interviews with President Barack Obama, Oprah Winfrey, and Michael Jackson. Burns also covered poignant events such as Nelson Mandela’s first visit to the United States after his release from prison, and former Illinois governor Rod Blagojevich’s high-profile corruption scandal.

Burns purchased the property – which was only raw land before she made extensive improvements – because she fell in love with the peaceful, charming nature of the southwestern Michigan area after attending a pool party there. “My family and friends have made a lifetime of memories at the property, but now it’s time to move on to other opportunities and make new memories,” Burns stated. She added that she hired Platinum after experiencing little to no activity on the property while it was listed for sale with an area brokerage, and she was attracted to the idea of internationally marketing the property through Platinum’s broad-scale, auction-marketing campaign.

“We probably spoke with Diann over the course of more than a year before she was ready to engage us for the sale,” noted Aaron Carmody, Platinum’s project manager for the transaction. “When you’re able to show your prospective client sale after successful sale during the course of those conversations, it certainly offers a comfort level in the efficacy of our program. With very active interest in the property thus far, we’re excited to see what July 29th brings.”

The property consists of several structures, including a main residence, a separate “game lodge,” and a utility/storage facility. Residence features include a two-story great room with walls of windows providing views of the lovely surroundings, a home theater, and a billiards room with a kitchenette and stone fireplace. A partially heated roof allows for reduced maintenance during snowy winters.

Adjacent to the main house, a well-appointed “game lodge” adds 2,100 square feet of living space, with one bedroom and one full bath. The lodge’s open, loft-style floor plan features a polished cement floor, stone fireplace, and a wood-hewn kitchen, making it ideal for guests, caretakers, or for hosting events both large and small. The separate utility building can be used for farm equipment or as a garage for up to twelve cars.

The property’s grounds include a lighted and fenced tennis court, basketball half-court, and a heated, in-ground pool with water slide and diving board. Two private lakes, three natural springs, a pond, and miles of forest trails make the grounds ideal for hunting, hiking, ATV riding, and even for polishing up that golf swing.

Located about 100 miles from the heart of Chicago, the property provides a relaxing escape from life in the Windy City. The small but growing town of Buchanan is rich in culture, with two separate historic districts, a budding theater community, and a locally sourced winery. It’s also less than 20 miles from Notre Dame’s South Bend campus in Indiana, and within a 2.5-hour drive of Detroit. The shores of Lake Michigan are within fifteen miles.

Property previews are held daily from 12-4pm EDT, until auction day. Interested parties may contact Platinum Luxury Auctions at 800.986.5908 or visit MichiganLuxuryAuction.com for more details and downloadable property documents.