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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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.

 

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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