Luxury real estate auction firm Platinum Luxury Auctions is preparing for the upcoming sale of a unique, equestrian estate located just south of Seattle, Washington. The 40-acre property, affectionately known as Trinity Farm, is about one hour south of the Emerald City, and less than 45 minutes from both Tacoma and Olympia.
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.
Despite 3 Years on Market and 5 Registered Bidders
A 3.7-acre equestrian estate in Wellington, Florida 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.
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.
Wellington, FL | Feb 15th
On February 15, 2019, Magnolia Farm is going to luxury auction. Given the amount of foot traffic the farm has been receiving on its multiple open days, I am fairly sure that I will be looking for a new residence for Ilse Schwarz Dressage before the end of the Wellington winter season. I really do want the farm to have a successful sale. Gaye and Joe Scarpa have been the most amazing owners, and deserve it. However, my heart cracks just a little bit every time I think of leaving.
The home with a 12-stall stable was most recently listed for $4.95 million
A Wellington, Florida, home outfitted with an equestrian arena and stables will go to auction Feb. 15 with a reserve price in a luxury real estate auction of $2 million.
Pittsburgh is still a hot real estate market.
The average housing price was $182,000 and sales were up 7% in the third quarter, according to the West Penn Multi-List. Year-end sales had not yet been totaled.
But what about the properties featured in Buying Here? Our annual roundup shows that some affordable homes sold quickly in 2018 while multimillion-dollar estates are still looking for buyers.