Archive for “August, 2019”

East of Eden, listed for $12.5M, to go to auction

BAR HARBOR — The historic mansion East of Eden will go to auction on Sept. 7, unless sold beforehand. The mansion is currently listed for sale for $12.5 million with the Knowles Company.

Sitting on nine landscaped acres with its own pond and deepwater private dock, the 1910 Mediterranean-style villa is one of a handful of estates left from Bar Harbor’s Cottage Era, having survived the 1947 fire and generations of economic and cultural changes.

Continue Reading…

Campari Sells ‘Most Expensive Home on Earth’ at 43% Discount

Davide Campari-Milano SpA reached a preliminary agreement to sell the historic Villa Les Cedres on the French Riviera for 200 million euros ($221 million) to an unspecified buyer for private use.

The villa was among the assets that the Italian distiller acquired with its 2016 purchase of Grand Marnier Group. The transaction is expected to close at the end of October, though there are conditions, including the departure from the house of one member of the family that controlled Grand Marnier, Campari said in a statement.

Read full article by Marthe Fourcade at Bloomberg here.