All posts in “Luxury Auctions”

35-Acre Colorado Mountain Estate Will Be Sold to Highest Bidder

Cascade Pointe in Colorado will be sold to the highest bidder as this 35-acre mountain estate will go up for auction.

Following its successful luxury auction® sale in January of the Beaumont Ranch in Durango, Colorado, luxury real estate auction house Platinum Luxury Auctions is offering another multimillion-dollar property for auction in the scenic mountain town. This Saturday, October 12, 2019, a 35-acre property – named Cascade Pointe by its owners – will be sold to the highest bidder without reserve and regardless of price. Located within the exclusive Windom Ranch community, the custom-built property was previously asking $11.75 million. The auction sale will be held live and on the property site.

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77-Acre Solar-Powered Farm in New Jersey Heads to Auction

The estate, surrounded by preserved land, has a greenhouse, a swimming pool and a caretaker’s cottage

Deer Run Farm, a 77-acre solar-powered equestrian estate near Princeton, New Jersey, will be sold at a live, on-site, no-reserve auction on Oct. 10.

The property, which was listed for $4.8 million on April 22 by Judson R. Henderson and Jane Henderson Kenyon of Callaway Henderson Sotheby’s International Realty, will be sold by Miami-based Platinum Luxury Auctions.

At the beginning of 2019, the property’s ownership was transferred to a Florida-based trust associated with a foundation according to property records.

Mr. Henderson said that the original owners bought the property in the 1980s, and up until recently used it as their primary residence.

“They don’t have family here anymore—their kids live on the West Coast, and that’s where they want to be,” he said.

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Edina, MN Lakefront Estate with Indoor Pool Slated to Sell at Luxury Auction® Sept 21st

A sprawling estate with 375 feet of frontage on Edina’s Mirror Lake will soon have a new owner. The luxury property, which was previously on the market for $6.2 million, is scheduled to be sold to the highest bidder at a live auction this Saturday, September 21st, 2019. The property is being offered without reserve, meaning the highest bidder will prevail – regardless of the bid price. Luxury real estate auction house Platinum Luxury Auctions, which specializes in multimillion-dollar property sales on behalf of wealthy sellers, was retained by the homeowners to conduct the auction. Platinum is managing the sale in cooperation with area brokerage Edina Realty, represented by listing agents Susan and Gary Wahman.

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Dream Homes: Edina estate heads to auction after lingering on the market at $5.7M

After sitting on the market for a couple of years at just under $6 million, a grand Edina estate is going up for auction on Sept. 21.

The 13,000-square-foot home owned by Jeff and Mary Werbalowsky was listed for sale for $6.2 million in February 2017 and the price was dropped to $5.7 million in May 2018.

Miami-based Platinum Luxury Auctions handling the auction of 6000 Fox Meadow Lane, which is at the end of a cul-de-sac on 4.5 acres overlooking Mirror Lake. It’s posted more information here.

 

Read the full article by Deena Winter at the Minneapolis/St. Paul Business Journal here.

100-Acre Estate in Newport, New Hampshire, Once Owned by Gun Baron Heads to Auction

A 100-acre estate in Newport, New Hampshire, once owned by the creator of the Long Island Rail Road and later by the inventor of the light machine gun, will be auctioned live on Sept. 7 with Platinum Luxury Auctions.

Andrew Peterson of The Petersons Inc. Country Real Estate is handling the late gun baron William Ruger’s property and has listed the estate at $2.5 million as a reference point.

“The family wants to sell it this year,” Mr. Peterson said. They have two big properties to sell, including the most expensive property on the market in Maine, according to listing records. Located in Bar Harbor, it’s listed for $12.5 million and is set to go to auction without reserve on the same day.

Listing records show that the estate listed in January for $3.75 million. Mr. Peterson said this price included the full 500-acre property and an extra three-bedroom, two-bathroom log cabin currently being rented out. This cabin can be purchased for an additional cost upon request.

The auction, which has no reserve, includes 100 acres, a 7,465-square-foot main house, a finished three-story barn, a separate gentleman’s library, a heated workshop and a four-bedroom guest house currently occupied by Ruger’s estate hands, a couple in their 80s, Mr. Peterson said.

The four-bedroom, six-bathroom house was built by 19th-century Long Island Railroad top executive Austin Corbin in the 1800s.

“He used to have a private railroad to bring his friends to the property,” Mr. Peterson said. Corbin also established Corbin Park, officially called the Blue Mountain Forest Association, an exclusive, roughly 25,000-acre, 30-member hunting club located adjacent to the property. Residents of the house will not have automatic membership to Corbin Park.

Read the original article by Miabelle Salzano at Mansion Global HERE.

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.

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Platinum Luxury Auctions Posts Another Market-Leading Sale in Ligonier, PA

Platinum Luxury Auctions has announced another lofty sale in the rural community of Ligonier, PA that has long served as an under-the-radar retreat for the wealthy.

On May 11th, a live auction was held for the Hidden Meadow Farm estate, which resulted in a successful sale that closed last week, according to the auction house. This comes after the luxury real estate auction firm posted another record property sale in Ligonier, Pennsylvania at a January auction. Platinum conducted the luxury auction® sale in cooperation with listing agent Annette D. Ganassi of Ligonier’s Howard Hanna Real Estate Services.

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On June 1st, the Luxurious Ashokan House in Woodstock, NY Heads to Luxury Auction®

A handsome estate nestled on more than 12 private acres with inspiring views of New York’s Ashokan Reservoir and Catskill Mountains will soon find its new owner.

The luxury real estate property in New York, which was previously on the market for $4.5 million, is scheduled to be sold to the highest bidder at a live auction held on the property site on June 1, 2019.

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New Jersey Estate on 10 Private Acres Heads to Luxury Auction® May 18th

This Saturday, May 18tha luxury home on 10 acres in Far Hills, New Jersey will be offered for sale at a live auction.

Previously on the market for $4.75 million, the property will now be sold to the highest bidder who meets or exceeds the auction’s $2.075m reserve bid. Luxury real estate auction house Platinum Luxury Auctions is handling the sale in cooperation with New Jersey listing brokerage Kienlen Lattmann Sotheby’s International Realty.

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