An owner looking to unload a multimillion-dollar home, in an area where such properties are the exception, might consider holding an auction…

Several such palatial estates in the Ligonier Valley recently changed hands through the services of Platinum Luxury Auctions, a Florida-based firm headed by a Western Pennsylvania native.

“We only take on about 25 to 28 transactions a year,” said Trayor Lesnock, a 2000 graduate of Washington High School who is the founder and president of Platinum. “We’re spending a significant amount of money to market those properties. We’re using a gigantic spotlight to shine on a few properties.”

Lesnock said Platinum focuses on homes priced at $2 million or more. Locally, it works with listing agents for real estate firms such as Howard Hanna.

Of the four luxury homes Lesnock’s firm took on in the Ligonier area since January 2019, the recent sale of Whose Woods, on Kissell Springs Road in Ligonier Township, set a new high for the local market.

Commanding $5 million, “It charts as the No. 1 all-time sale for a residential, noncommercial property in Ligonier based on records going back about 20 or 30 years,” he said. “That was a great transaction. We had a terrific seller and a terrific buyer.”

 

Read the full article by Jeff Himler at TribLive HERE.