HARTFORD, Conn., Oct. 25, 2016 /PRNewswire/ -- Building on the momentum of a string of recent sales in the western United States - including the auction of a California ranch at 114% of its most recent appraisal - veteran luxury real estate auction firm Platinum Luxury Auctions has announced the upcoming auction of a 42-acre, country-style home in Litchfield County, CT. Located in the rural enclave of Kent, the property was once asking $10.9 million, but will now be sold on November 17, 2016 at a live auction to the highest bidder who meets or exceeds the auction's reserve price of only $2.75 million. A smaller, adjacent property situated on more than 6 acres - ideal for hosting additional family members and extra guests - is also available separately. Platinum is managing the auction in cooperation with listing brokerage William Pitt Sotheby's International Realty, in Kent, CT. Listing agent Judy Perkins is representing William Pitt for the sale.
"On the heels of five consecutive property sales in the months of September and October with Sotheby's International Realty affiliates in Colorado, California and Utah, we're pleased to return to the northeast for our first transaction in Connecticut, with William Pitt Sotheby's," announced Trayor Lesnock, Platinum's president and founder. "We've been discussing the possibility of this auction with Platinum for more than a year. The property owners are extremely diligent, and are confident Platinum was the best auction firm to present their home to the international marketplace," added Mrs. Perkins.
Situated on 42 private acres in southern Kent, the property offers striking views of the conserved and protected lands that surround it. These lands also ensure that the estate is protected from encroaching developments.
When the owners purchased the property as a raw parcel of beautifully wooded land, they wanted to ensure the home they constructed would compliment - rather than interfere with - its natural surroundings. They enlisted the services of a former associate of Frank Lloyd Wright to design the estate, and much of the natural stone and timber that was accumulated during clearance of the homesite was repurposed in order to build the residence. Many of the wooden beams used in the estate were cut and treated by hand.
The end result is a sprawling manor featuring warm woods and carved mantles that speak to the rich architectural heritage of New England. Prominent features include lofted ceilings with exposed beams, a wine cellar, billiards room, eight fireplaces, an art/music gallery, gourmet kitchen with top-of-the-line appliances, and a sun/summer room. The residence offers 6 bedrooms, 6 full and 2 half baths throughout two levels of luxury living: a main level of 7,200 square feet, and a lower level adding an additional 6,700 square feet. Many of the rooms open onto terraces, patios, or manicured lawns, emphasizing the Property's harmony with nature.
In addition to the main residence, there is also a lovely pool house with a full bath, a custom pool with infinity-edge design, an artist's studio (also with a full bath), and several small outbuildings for storage and utilities.
An adjacent property - which will be offered for sale separately from the primary estate - sits on nearly 7 acres, and features a main residence of more than 2,300 square feet, in addition to a guesthouse of 660 square feet. In total, this adjacent property offers 4 bedrooms and 3 full baths. There is also a 2-car garage, and two private ponds on site. It is ideal for housing caretakers, extra members of large families or party guests, or to be used as an entirely separate residence.
The property is available for previews between the hours of 12 and 4pm EDT daily, until the auction. Additional information is available at ConnecticutLuxuryAuction.com, or by calling 800.218.5173.
About Platinum Luxury Auctions
Platinum Luxury Auctions specializes in the non-distressed sale of multimillion-dollar properties within and beyond the United States. The Platinum team has closed more than $520 million in luxury real estate auction sales to date, while consulting on more than $1.85 billion in additional luxury properties worldwide. The firm is responsible for developing the luxury auction® model for high-priced real estate auctions.
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SOURCE Platinum Luxury Auctions