Platinum Luxury Auctions is pleased to announce the pending sale of an exclusive estate located within the Palm Beach Polo Golf and Country Club in Wellington, Florida.
The 6,157 square foot residence had been listed for sale for several years with no offers, but was finally sold at a live, luxury auctionSM on the morning of April 10, 2015.
Garnering 11,059 hits to its website, 71 formal inquires, and six registered bidders as a result of Platinum’s auction-marketing program, the property sold for the highest price within its subdivision in 2015, and also created the third highest price there in the past 3 years. Although the final price has not yet been released, Platinum reported that the figure nearly doubled the Auction’s $1.25 million reserve price.
The buyer, who purchased the home with his wife, is the co-founder of a prominent yacht building company. This sale continues Platinum’s flawless performance record in the Village of Wellington, one of the world’s most illustrious equestrian marketplaces, and home to the annual Winter Equestrian Festival (WEF). Additional details can be found at WellingtonLuxuryAuction.com.