Keep Up with Luxury Home Auctions & Sales with Platinum Pulse

Custom-Built, Tuscan-Inspired Estate in Suburban NJ Heads to Luxury Auction® Dec 14th

December 4, 2019 / No Comments

Platinum Luxury Auctions and Kienlen Lattmann Sotheby’s International Realty have announced the upcoming luxury auction® of a Tuscan-inspired estate nestled in the suburbs of Warren, New Jersey. The custom-built home, named Villa di Sogni (“House of Our Dreams”) by its owners, will be sold to the highest bidder without reserve at a live auction scheduled for December 14^th, 2019 on the property site. The estate was previously listed for $7.9 million, though it was designed and built at a cost in excess of $12 million.

After deciding to spend less time in New Jersey, the homeowners retained Platinum to conduct the luxury auction sale in cooperation with listing brokerage Kienlen Lattmann, represented by principal and broker Michael Lattmann.

“Michael has proven to have an exceptional ability to identify special properties in his marketplace that may require the unique sales approach presented by the luxury auction process, and we’re excited to be working with his team to offer Villa di Sogni to the global marketplace,” stated David Ashcroft, Platinum’s Managing Director.

The luxury real estate auction house has worked with Lattmann’s brokerage on several previous occasions, selling multimillion-dollar homes in areas such as Basking Ridge and elsewhere in Warren.

This Sprawling New Jersey Estate is Filled with Tuscan-Style Details

December 3, 2019 / No Comments

Being auctioned without reserve, the home is replete with amenities, including a golf simulator and a home theater

A Tuscan-style mansion in one of New Jersey’s wealthiest towns is headed to auction without reserve later this month.

“There are few homes in New Jersey with the Tuscan villa architecture,” said Joseph (“JP”) Errico, the owner, who started planning the design with his wife, Leigh Errico, in 2004, before the couple got married a year later. The home had been the couple and their four children’s full-time residence until August last year when they moved to Florida for work.

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

October 8, 2019 / No Comments

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.

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

October 8, 2019 / No Comments

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.

Gentleman’s Farm on 77 Acres in Hopewell Township, NJ to Sell at Luxury Auction® Oct 10th

October 7, 2019 / No Comments

A live auction will take place on Thursday, October 10, 2019, as the renovated, 77-acre farm estate will be sold to highest bidder.

An exquisitely renovated, 77-acre farm estate in Hopewell Township, New Jersey will be sold to the highest bidder at a live auction on Thursday October 10^th, 2019. The sprawling estate, which includes a main residence, pool and pool house, caretaker’s cottage, greenhouse and tri-level barn, is being offered without reserve after being recently listed at $4.8 million. Luxury real estate auction house Platinum Luxury Auctions, which specializes in multimillion-dollar property sales on behalf of wealthy sellers, was retained by the property owner to conduct the auction in cooperation with area brokerage Callaway Henderson Sotheby’s International Realty. Listing agents Judson Henderson and Jane Henderson Kenyon are representing Callaway Henderson in the sale.

32-Acre Estate in Colorado Will Hit Auction Block Next Month

September 24, 2019 / No Comments

The custom-built house in Durango, previously listed for $11.75 million, features a fitness center, chef’s kitchen and a two-level garage

A custom-built, 32-acre estate in Durango, Colorado, will go to auction without reserve on Oct. 12 with Platinum Luxury Auctions.

The sellers designed the 11,700-square-foot house to take advantage of its expansive mountain views and to host guests and family in mind, according to Trayor Lesnock, president of Platinum Luxury Auctions. It comprises five bedrooms with en-suite bathrooms and three additional bathrooms, as well as a chef’s kitchen, a fitness center, a two-level heated garage, a heated porch and a tool workshop.

“I’m very jealous that it’s not my house,” Mr. Lesnock said. “I would get up every morning and throw on my trail gear, grab my dog and head out to the lakefront.”

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

September 20, 2019 / No Comments

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.

Inside the Luxury Residential Market Slowdown

September 18, 2019 / No Comments

The luxury real estate market slowdown continues. Sales are dropping and listings are lingering ever longer in the luxury residential market.

From New York City to Los Angeles to Miami, the luxury home market has been in the grips of a prolonged slowdown, in part due to the recent pullback of foreign buyers – however, stock market uncertainties have also played their part.

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

September 3, 2019 / No Comments

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.

Two Estates Owned By Billionaire Ruger Family To Be Auctioned With No Reserve

September 3, 2019 / No Comments

Two exquisite homes owned by the late William B. Ruger, Jr., a member of the family who co-founded firearm manufacturer Sturm, Ruger & Company, Inc., are being auctioned September 7, 2019, with no reserve, offering buyers with a rare opportunity to purchase properties with unique grandeur and history.

Read the full article by Stephanie Vozza at Forbes.com.