On July 22nd, a luxurious home in McMurray, PA that was recently asking $1.7 million will be sold at a live auction without reserve, meaning the property will sell to the highest bigger regardless of the high bid price. The sale will be held on the property site, and is open to those parties who register for the auction in advance. Luxury real estate auction firm Platinum Luxury Auctions is working in tandem with listing agent Karen Marshall of Keller Williams Realty in Bethel Park, PA for the transaction. Platinum specializes in the non-distressed, auction sale of multimillion-dollar homes on behalf of their wealthy owners, and conducts such sales both within and outside of the United States. The firm is headquartered in Miami, FL.
“This is really an exceptional property – and will be an exceptional buy – for a family seeking relaxed luxury and privacy in a suburban setting, while being in a great school district with convenient access to the city of Pittsburgh,” stated David Ashcroft, Platinum’s director of business development. “And I understand there were some spectacular views of the recent July 4th fireworks from the backyard!”
The estate was designed by the Scholz Design firm and built in 2005 by Paragon Custom Homes. It offers a gently winding driveway entry and an elegant, brick exterior. The 7.1-acre parcel is comprised of manicured lawns bordered by natural forestation. A small pond on the parcel is shared with a nearby neighbor.
Interiors of the home are luxurious yet cozy, and present a traditional design style. Three living levels offer more than 8,000 square feet of finished area, with five bedrooms, four full and two half baths. The lowermost level of the home is outfitted as an entertainment lounge that provides ample space for recreation or relaxation. The lounge includes a home theater, “pub-style” wet bar, 700-bottle wine room with tasting area, a billiards table, cigar room, and a fitness center.
Additional property features include a two-story grand salon, gourmet kitchen with butler’s pantry, executive study, formal dining, and a 3-car garage. There is also a large, rear patio located just off of the main level’s grand salon, which includes a cozy dining area, grill station and views of the bucolic surroundings.
For those looking to cool off during the warmer summer days, the property’s spacious lot provides plenty of room for a custom pool, while the private pond and the gently flowing creek that borders the rear of the parcel further enhance the property’s peace and quiet.
The residence is available for open house previews by interested buyers between the hours of 12 and 4pm (EDT) daily, until the auction. Those buyers wishing to participate in the auction must formally register in advance, a process that requires a refundable deposit of $75,000 and the completion of various registration documents. Additional information is available at PennLuxuryAuction.com, or by contacting a Platinum representative at 800.828.5175.
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.