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Once Asking $13 Million, Waterfront Condo in Midtown Manhattan Heads to Luxury Auction®

Platinum Luxury Auctions Will Offer Condo in Beekman Neighborhood at May 17th Sale

two-story condominium with 1,500 sf of outdoor living area and direct water views is headed for sale via luxury auction®. The property, located in Midtown Manhattan’s desirable Beekman neighborhood and fronting the East River, was initially asking $13 million. It will now be offered at a live auction held on the property site on May 17th, and will be sold to the highest bidder who meets or exceeds the auction’s $4 million reserve. Miami-based luxury real estate auction house Platinum Luxury Auctions – a firm that specializes in the non-distressed auction sale of multimillion-dollar properties – was retained by the property owner to manage the sale. Platinum is also a licensed New York real estate brokerage.

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Ligonier, PA’s Hidden Meadow Farm Set for May 11th Auction Sale with Platinum Luxury Auctions

Following its successful luxury auction® sale in January of the Woodmereestate in Ligonier, Pennsylvania, luxury real estate auction house Platinum Luxury Auctions will now offer another multimillion-dollar property in the exclusive Westmoreland County borough at auction. On May 11, 2019Hidden Meadow Farm, a 133-acre estate that was previously asking $6.5 million, will be sold at a live auction held on the property site. The property will be sold without reserve and regardless of the amount of the highest bid price. Platinum is managing the sale in cooperation with listing agent Annette D. Ganassi of Howard Hanna Real Estate Services in Ligonier.

“Following our success in Ligonier with the sale of the Woodmere estate earlier this year, we’re pleased to be offering another one of the area’s most exceptional properties,” stated Trayor Lesnock, Platinum’s president and founder.

Platinum sold the 200-acre Woodmere property for $3.75 million as part of a 4-property sale the firm conducted for a wealthy couple based in Beverly Hills, CA. That sale closed in February.  Lesnock noted that quite a few prospective buyers who inquired for that auction have also expressed interest in Hidden Meadow Farm.

“Our team has been very pleased with the response we’ve seen from buyers – both in quantity and quality – for each of the Ligonier offerings. It demonstrates there is still strong interest in premier Ligonier properties, but buyers simply need the proper motivation to act. That motivation is provided by the luxury auction process.”

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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.

 

platinum luxury auctions lawsuit win

Platinum Luxury Auctions Lawsuit Win

Florida’s Third District Court of Appeal ruled on August 16, 2017 that Platinum Luxury Auctions was innocent of the meritless accusations and the legal complaints made against it by Concierge Auctions. As a result of the ruling, Concierge was also ordered to pay Platinum’s legal fees related to the complaint, which amounted to more than $23,000.

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Smart Ridgefield Home Goes To Auction on July 28

A Home with Attitude: 117 Whipstick Road Goes to Auction on Saturday, July 28 at 4:00 pm.

Automation behind the scenes makes this stunning shingle style residence technology savvy (yes, it’s really [very] smart). Owned by Internet Pioneer and author, John Patrick, 117 Whipstick Road is his brainchild and brings “Home Attitude”, Patrick’s newly released book, to life.

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112-Acre “Emerald Hills” Estate in Charlottesville, VA Set for Luxury Auction® June 23rd

Platinum Luxury Auctions Presents Rare Estate, Influenced by Monticello & Mount Vernon

On June 23rd, a 112-acre Charlottesville estate that was influenced by Thomas Jefferson’s Monticello and George Washington’s Mount Vernon will be offered for sale at a live auction. The stately property and its collection of outbuildings were custom built by the current owners at a cost of approximately $20 million. At auction, the property will be sold to the highest bidder above a reserve price of $5 millionMiami-based real estate auction firm Platinum Luxury Auctions is handling the sale in cooperation with Virginialisting brokerage McLean Faulconer.

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