Platinum Luxury Auctions Posts Top-of-Market Prices

Platinum Luxury Auction Reaches Highest Prices with Recent Sales in Yelm, WA & Cabo, MEX

Miami-based auction house Platinum Luxury Auctions has posted top-of-market sales in its two most recent real estate auctions, according to the firm. On April 5th, Platinum sold a unique equestrian estate in Yelm, Washington for the highest price year-to-date in the city of Yelm. The following week, on April 13th, it sold an oceanside estate in Cabo San Lucas, Mexico, at a price that is the highest in the oceanfront community of Pedregal within at least the past 14 months. The price of each sale will not be reported until the transactions close. Both auction sales were held “live” and in real-time on the respective property sites.

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Oceanside Estate in Cabo San Lucas Scheduled for Sale at Luxury Auction® this Sat, April 13th

multimillion-dollar estate in Mexico’s California Baja Sur that was once asking $10 million will now be sold at a live auction without reserve on Saturday, April 13thMiami-based real estate auction house Platinum Luxury Auctions is managing the auction sale of the property in cooperation with Snell Real Estate, an Engel & Völkers affiliate serving as the listing brokerage of record. Sales associate Cindy Stanford is representing Snell in the transaction. Bidders who wish to participate in the sale must register with Platinum by a deadline of 5pm PT on Thursday, April 11th.

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40-Acre Horse Farm Comes With Olympic-Sized Arena—And a Doomsday Bunker

Bidders on a 40-acre horse farm one hour south of Seattle have the chance to live a life of luxury—even if the apocalypse strikes.

Trinity Farm, an equestrian estate in Yelm, Washington, with an indoor pool and a three-bedroom, air-tight bunker, heads to a live auction on Friday afternoon without reserve. Previously asking $5 million, the five-bedroom main mansion and its numerous outbuildings will sell to the highest bidder regardless of price.

The property has all the bells and whistles of a multi-million-dollar horse farm, including an Olympic-sized indoor arena with highly prized Attwood composite footing, paddocks and acres of riding fields. The custom-built estate also has a helipad, snail-shaped motor court and an open floor plan that flows into a sun-drenched, glass conservatory.

 

Custom-Built 10-Bedroom Cabo San Lucas Home to Hit Auction Block

The Baja-style house is currently on the market for $6.7 million

Villa Searfoss, a cliffside luxury retreat in the tony Mexican resort town of Cabo San Lucas, will be auctioned on April 13 with no reserve, according to Platinum Luxury Auctions.

Trayor Lesnock, president of the Miami-based auctioneer, said the property in the chic Pedregal community has been on the market for several years.

It’s currently listed by Cindy Stanford of Engel & Völkers Snell Real Estate for $6.7 million.

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Seller Opts Out of Planned Wellington Auction

Despite 3 Years on Market and 5 Registered Bidders

3.7-acre equestrian estate in WellingtonFlorida that was scheduled for sale today at a live, luxury auction® will instead seek offers from interested buyers through direct negotiations. According to Platinum Luxury Auctions, the Miami-based luxury real estate auction firm that specializes in selling multimillion-dollar properties for wealthy sellers, the owners elected against proceeding with a live auction despite the fact that five bidders had qualified and registered for the auction, which was to be held on the property site at 4pm ET. Before today, Platinum enjoyed a flawless sales record in the posh equestrian town in western Palm Beach County, selling 7-of-7 properties it offered for auction there.

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Not Yet! Auction for Wellington, FL Estate Extended to March 1

Now Selling without Reserve!

Although four bidders had registered to participate in the luxury real estate auction of a 3.7-acre equestrian estate in Wellington, FL for February 15, the auction date was extended by two weeks in order to allow several last-minute buyers to participate in the sale. Miami-based auction firm Platinum Luxury Auctions, who was retained by the property owners to manage the auction sale, stated that while it was comfortable proceeding with the four-bidder audience, it’s not uncommon to briefly extend a scheduled sales date to allow for late-arriving buyers to participate in the auction.

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Ilse-at-Magnolia

Sale of Horse Trainer’s Dream

Wellington, FL | Feb 15th

On February 15, 2019, Magnolia Farm is going to luxury auction. Given the amount of foot traffic the farm has been receiving on its multiple open days, I am fairly sure that I will be looking for a new residence for Ilse Schwarz Dressage before the end of the Wellington winter season. I really do want the farm to have a successful sale. Gaye and Joe Scarpa have been the most amazing owners, and deserve it. However, my heart cracks just a little bit every time I think of leaving.

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