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.
Named Villa di Sogni (“House of our Dreams”), the sprawling 10,000-square-foot home in the New Jersey suburb of Warren will go under the hammer live on Dec. 14 with Platinum Luxury Auctions, according to a listing launched in early November. There is no reserve price.
With seven bedrooms and 10 bathrooms across three floors, the house exudes a traditional Italian style, from its fieldstone and stucco exterior to the amber tones inside, the listing says. Warren, home to multiple parks and trails, is nestled in the Watchung Mountains and just under 35 miles from New York City, according to the township’s website.
Mr. and Mrs. Errico purchased the house in 2007 and completely renovated it over the next three years, according to a disclosure statement obtained by Mansion Global. Listing records show that the sale price was $2.7 million.
“The old house was a country French home without a staircase, without a basement and no view out front. We put a tremendous amount of effort into the project,” said the 50-year-old entrepreneur, who has founded several businesses in healthcare. He added that he and his wife have even considered relocating the house to Florida but were disappointed to find it implausible.
The property is situated on a two-acre plot of land and surrounded by flower beds and Tuscany’s iconic Cypress trees, according to the listing.
“The blend of old-world style and modern amenities shines through every feature,” Chase Boruff, the project manager of Platinum Luxury Auctions, is quoted in the bidding brochure.
Beyond the butterfly staircase upon arrival, the home is replete with entertaining amenities, including stone terraces, a patio, a pergola and outdoor dining areas. There is a wine cellar with a lounge and bar, a golf room with a simulating golf system and a theater, where Mr. Errico watches NFL and college football games with his two sons.
The kitchen on the main level offers high-end appliances, a large center island, a lounge with a stone fireplace and a breakfast nook. The glass-front wine closets in the formal dining room were built for showcasing more wines, the listing says.
Currently listed for $4.725 million, the home first hit the market in August 2016 for $7.9 million. It was relisted this May for $4.95 million before the asking price was slashed by a further $225,000 in August, listing records show.
“I hope to find somebody else who has the same passion for the Tuscan villa feel,” Mr. Errico said of his ideal buyer.
The sale is being conducted in cooperation with Michael Lattmann from Kienlen Lattmann group of Sotheby’s International Realty, who could not be immediately reached for comment.