Archive for “October, 2020”

3,250-Acre Santa Fe Ranch Once Owned by Member of One of NYC’s “Royal Families of Real Estate” Set for Luxury Auction®

On Wednesday, October 14, a sprawling ranch on 3,250 acres in Santa Fe County, New Mexico will be offered for sale at a luxury auction® without reserve. Known as Saddleback Ranch, the property was once owned and developed by Emily Fisher Landau and her son, Richard Fisher. Mrs. Fisher Landau is a highly respected art collector, philanthropist and the widow of Martin Fisher of New York City’s Fisher family, considered one of the Big Apple’s “royal families of real estate.” Their privately held family firm, Fisher Brothers, was founded in 1915 and remains one of the nation’s most prominent real estate players.

Specifically located in Galisteo, NM (also home to Tom Ford’s Cerro Pelon Ranch – once asking $75 million), Saddleback Ranch is within a 25-minute drive of the heart of downtown Santa Fe. “The ranch feels like your own, private world, but you’re actually within a close distance of everything you need,” according to Trayor Lesnock, Founder and President of Platinum Luxury Auctions, the Miami-based firm managing the transaction. “So many of these larger ranches are very, very far off the grid, which may seem appealing – until you actually own it,” he joked.

Specifically located in Galisteo, NM (also home to Tom Ford’s Cerro Pelon Ranch – once asking $75 million), Saddleback Ranch is within a 25-minute drive of the heart of downtown Santa Fe. “The ranch feels like your own, private world, but you’re actually within a close distance of everything you need,” according to Trayor Lesnock, Founder and President of Platinum Luxury Auctions, the Miami-based firm managing the transaction. “So many of these larger ranches are very, very far off the grid, which may seem appealing – until you actually own it,” he joked.
Houston-based shopping center magnate Dan Silvestri of Silvestri Investments, along with other partners, acquired the property from Fisher Landau in 2008 for nearly $17.5 million. After his development plans changed, Silvestri retained Platinum to sell the ranch expeditiously at luxury auction, entirely skipping the often-lengthy process of listing the property only through a traditional broker. “It’s a lot faster to do it this way,” Silvestri said of the auction. “Some of the high-price properties take a long time to sell.”

Platinum then selected Santa Fe’s Barker Realty as the broker of record for the auction transaction. Platinum and Barker, an exclusive affiliate of Christie’s International Real Estate, have previously joined forces to produce three of the top ten, all-time residential sale prices in Santa Fe County to date. Lesnock praised both Barker’s management and agent staff, and specifically pointed to Barker listing agent Stephanie Duran, who has been involved in each of Platinum’s sales in the area, either directly or by referral. “She’s a real hustler who has an excellent insight into the market’s luxury sector. A terrific asset and market partner.”

The ranch will be offered as one, 3,250-acre property, or in three smaller components. “The components include a 1,399-acre parcel, a 1,204-acre parcel and a 647-acre parcel,” stated David Ashcroft, Platinum’s Managing Director. Ashcroft added that the two, larger components each contain multiple structures, while the smallest is comprised of vacant land. The ultimate method by which the ranch will be offered will be determined prior to the time of sale, and will be based on the prevailing interest of the bidders.

The entire ranch has four main living quarters – two luxurious estates and two smaller homes – plus a multi-structure ranch center, various garages, utility barns and other outbuildings. In addition to equestrian amenities like 10 large stalls, tack and wash rooms, and several turnouts, the 3,800-sf ranch center also offers a large living/entertaining room with wet bar and stone fireplace, along with an office and groom’s apartment. Fun film fact: the ranch center has appeared in Johnny Depp’s Lone Ranger feature film and in the acclaimed, western television series Longmire.

Saddleback’s two, larger residences are particularly impressive. One, named the “Drogheda House,” is designed in New Mexico’s more traditional, adobe style. The 7,200-sf residence features handsome wood finishes and exposed beams, lofted ceilings and multiple fireplaces throughout.

The other, named the “Windland House” for the gentle breezes it often enjoys, is another testament to the exquisite tastes of Emily Fisher Landau. She retained architect Suby Bowden to design the unique home, which has won several architecture awards, including the American Institute of Architects Honor Award for Top Architecture (2002) and the Jeff Harnar Award for Contemporary Architecture (2007). It’s also been toured by New York’s M.O.M.A. and Whitney Museums.

Windland House features 6,100-sf of bright, airy spaces and a clean, minimalist design – providing ample room for the display of paintings and sculptures throughout. Its outdoor living areas include a summer kitchen, custom pool and neatly manicured area of lush, green lawn.

Cattle and equestrian operations have previously been run on the ranch, aided by its 13 water wells and unlimited grazing rights.

Interested parties can find more information online at NewMexicoLuxuryAuction.com, or by contacting Platinum’s offices at 800.262.5132. Bidders must register to participate in the live sale, which will be held on the property site at 4pm MT on Wednesday, Oct. 14, unless otherwise noted. Contact Platinum for registration information.

High-dollar Santa Fe property heads to auction

The last time Saddleback Ranch in Galisteo was sold, it went for the highest price ever recorded in Santa Fe County this century.

The total in 2008: $17.45 million.

It was a high-water mark that still stands — $7.35 million clear of the second-highest property sale in the past 20 years.

But then, consider the amenities. The 3,250-acre ranch comes with a six-bedroom, 7,264-square-foot Drogheda Estate and four-bedroom, 6,103-square-foot Windland Estate. The property also has an eight-car garage and 10-stall barn.

It goes on the auction block Wednesday without reserve, meaning no minimum bid. The auction will be conducted by Miami-based Platinum Luxury Auctions, which has conducted several high-dollar home auctions in Santa Fe.

Houston-based shopping center magnate Dan Silvestri and other partners bought the ranch in 2008 and Silvestri became full owner 1½ years ago. He lived in the smaller Windland Estate, but Silvestri reckons he has visited maybe 20 times over the years.

Read the full story by Teya Vitu at the Santa Fe New Mexican HERE.

75-Acre Estate on South Carolina’s Saint Helena Island Scheduled for Luxury Auction® Oct 10th

On October 10th, an impressive mansion situated on 75 private acres on South Carolina’s Saint Helena Island will be sold at a live, luxury auction® held on the property site. Previously listed for a price of $5.3 million, the sprawling estate will now be sold to the highest auction bidder without reserve and regardless of the high bid price. The owners of the property retained luxury real estate auction house Platinum Luxury Auctions to manage the sale, in cooperation with South Carolina listing brokerage Celia Dunn Sotheby’s International Realty. Listing agents Judith Collins and Mary M. Jeans are representing Celia Dunn in the transaction

The spacious estate’s design is inspired by the French Country style, and exudes the relaxed, laid-back luxury of the American South. The main residence offers 4 bedrooms, 4 full and 3 half baths throughout 10,000 sf of living area, making it ideal for larger families and for those who enjoy entertaining – even on a grand scale. A gourmet kitchen and well-equipped butler’s pantry are complimented by an additional floral/catering areas, ensuring plenty of capacity for holiday feasts or catered galas.

Additional amenities range from a handsome library and executive office to a wine cellar with storage for up to 2,000 bottles. A multi-purpose room is currently outfitted as a fitness center. Throughout the home, custom French doors open to terraces and patios offering sublime views of the pristine grounds.

In addition to the main residence, there is also a separate apartment located above the detached, 3-car garage. The apartment features 1 bedroom, 1 full and 1 half bath, and is perfect or guests, in-laws or domestic staff.

Currently, 60 of the property’s 75 acres are planted with beautiful pines. In addition to lending aesthetic value and privacy to the estate, these pines can be timbered and sold for profit, or clear-cut and replaced with pastures (thus making the residence ideal for equestrian enthusiasts).

Located within the Hilton Head Island-Bluffton-Beaufort Metropolitan Statistical Area, Saint Helena Island is part of the “Beaufort Sea Islands.” With verdant farms and docks for shrimping and fishing, the island offers visitors and residents a window into rural, Lowcountry southern life – but enhanced with modern shops, art galleries and restaurants. Saint Helena is just 45 minutes from Savannah, GA and 75 minutes from Charleston, SC.

Interested bidders can obtain more information on the property online at SouthCarolinaLuxuryAuction.com, or by contacting Platinum’s offices at 800.262.5132. Bidders must register to participate in the sale, which will be held on the property site. Contact Platinum for registration details.

Member of Oscar Mayer Family Offers Georgia Home at Luxury Auction® Oct 8th. Wienermobile not Included.

This Thursday, October 8th, an expansive riverside estate in outer Savannah built by a fourth-generation member of the Oscar Mayer hotdog family will be sold via luxury auction®. The property is owned by Donald Mayer and his wife Sandra. Mr. Mayer’s father ran the hot dog conglomerate until its sale to Kraft Foods in the 1980’s. After first listing the home for $3.9 million, the Mayers decided to retain Miami-based Platinum Luxury Auctions to offer the property for sale at auction without reserve, meaning the highest bidder will prevail regardless of the price. And while the tasteful, luxurious residence bears no outward signs of the family business, there is an iconic, Oscar Mayer “Wienermobile” parked in the garage. (The whimsical vehicle will not be included with the sale of the home, however).

Platinum specializes in the non-distressed auction sale of multimillion-dollar properties on behalf of sellers like the Mayers, for whom the date-certainty and expedition of the auction process offers great appeal. The luxury real estate auction firm is managing the sale in cooperation with listing broker Liza DiMarco of Berkshire Hathaway HomeServices’ Bay Street Realty Group in Savannah.

“Although the Mayers carefully created this home and enjoyed it for many years, they’re simply ready to downsize and allow the next buyer to enjoy the property as much as they did,” noted Trayor Lesnock, Platinum’s founder and president.

Situated on 1.22 lush and private acres at the confluence of the Skidaway and Wilmington Rivers, the estate is located in Modena Island, a gated community on Savannah’s Skidaway Island. The homesite is positioned to offer serene, natural vistas from virtually every vantage. As stated in an email from Mrs. Mayer and previously reported by the Wall Street Journal, she and her husband designed the home to, “… bring outdoor living in and inside living out [by] using extensive glass and warm wood finishes, elevated decking, landscaping and gardening, and the arts-and-crafts feeling reflecting the Frank Lloyd Wright architectural style.”

To be sure, soaring, 20-ft walls of windows in the grand salon reveal an expanse of peaceful marshes to the east and deep-water views to the west. Thoughtful, outdoor living spaces – from the private gardens to the infinity pool – allow for further enjoyment of the surrounding nature-scape, a hallmark of Lloyd Wright’s designs.

The 6,800-sf residence offers 4 bedrooms, 5 full and one-half baths, and a largely open floor plan allowing for a seamless flow between common areas – making the home ideal for entertaining on an intimate or grand scale. Other notable features include a chef’s kitchen with center island and Gaggenau cooktop, private office, 1-bedroom “guesthouse,” fitness room, 3-car garage, greenhouse and courtyard with terrarium. Those looking for ways to warm up in the coolest winter months can gather indoors around the double-sided, stone fireplace, or grab some blankets and head outside for homemade s’mores at the fire pit lounge.

Modena Island is within a 20-min drive of downtown Savannah, and is immediately adjacent to The Landings, a development offering 31 tennis courts, 6 golf courses, 5 restaurants, 5 pools and premier fitness center. Club membership to The Landings is available for those seeking to enjoy its many amenities.

Interested bidders can find more information online at SavannahLuxuryAuction.com, or by contacting Platinum’s project manager, Leslie Rose, at 800.593.4177. Bidders must register to participate in live sale, which will be held on the property site. The registration deadline is 5pm ET on Wednesday, October 7th. Final previews of the home can be scheduled by appointment between 12 & 5pm ET today and Wednesday.