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.
Platinum Luxury Auctions is responsible for developing the luxury auction® model for high-priced real estate auctions and owns the trademark rights to the term “luxury auction.” The firm specializes in the non-distressed sale of multimillion-dollar properties within and beyond the United States. Platinum’s team has closed more than $826 millionin luxury real estate auction sales to date, while consulting on more than $2.5 billion in additional luxury properties worldwide.