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.
In 2016, Platinum offered the property with a $5 million reserve. “These were difficult terms,” Mr. Lesnock said. “At that time, there were two homes offered at auction in the community—one by us and one by another auctioneer. Neither of them generated enough interest to advance to auction.”
He added that this time, “we’re re-offering the property without a reserve, which is appropriate.”
He said the owner, who lives in Michigan, is selling because he doesn’t visit Cabo as much as he did when his children lived there.
“He has an engineering background and is an inventor, so he wants more capital to work on his inventions,” Mr. Lesnock said. “He’s interested in buying a smaller place in Pedregal.”
Overlooking the Pacific Ocean, the tri-level cast-concrete house was custom built by the owner in 2008. The owner couldn’t be reached for comment.
The 10-bedroom, 11.5-bath bath Baja-style home has more than 11,000 square feet of living space, plus more than 5,000 square feet of outdoor living areas, including a pool deck, a fire-pit lounge, a spa and an infinity-edge pool designed to look as though it’s floating in the ocean. It also has a four-car garage that can be expanded.
The master suite, which occupies 2,034 square feet of indoor and outdoor living space, includes a walk-in shower, a jetted tub, two walk-in closets, his-and-hers sinks and vanities, two water closets and a private office.
Two staff or guest apartments, complete with private kitchens and living areas, can be accessed without going through the main house.
In the grand salon, walls of windows provide panoramic views of the ocean and the stunning sunsets that define Cabo.
Other amenities include a media/entertainment room, a second TV/game room on the lower level that has a wet bar and full bath, and a specially designed plumbing system that assures an infinite supply of hot water and high water pressure.
The hillside house, which has desert landscaping, sits on .80 of an acre, one of the larger plots in the Pedregal.
“The property is a good size and is laid out well,” Mr. Lesnock said. “And Pedregal is a special little place. It looks like a quaint little city in Italy or France with a tropical climate and spectacular sunsets.”
Villa Searfoss is only a mile from downtown Cabo, the entertainment and retail district. It’s also close to the iconic El Arco rock formation, where the Pacific Ocean becomes the Gulf of California, and the marina.
Platinum Luxury Auctions is responsible for developing the luxury auction® model for high-priced real estate auctions and owns the trademark rights to the term “luxury auction.” The firm specializes in the non-distressed sale of multimillion-dollar properties within and beyond the United States. Platinum’s team has closed more than $826 millionin luxury real estate auction sales to date, while consulting on more than $2.5 billion in additional luxury properties worldwide.