Back to the Block: 20-Acre Estate in Bend, Oregon Returns to Luxury Auction® Oct. 17

The property was previously seeking $6.3 million but will now be sold to the highest auction bidder at or above a reserve price of only $2.85 million. Most recently, the home has been listed at $5.7 million. "October's luxury auction® will present the opportunity for a buyer to own this property at an 'all-in' price of less than $3.2 million," stated Trayor Lesnock, Platinum's founder and president. "That's an exceptional value in Bend for a 7,300-sf residence on 20 manicured acres with equestrian amenities and sweeping mountain views."

To be sure, unobstructed views of the Cascade Mountain Range - including Mt. Bachelor, Broken Top, South Sister, Middle Sister, North Sister, Mt. Washington and Mt. Jefferson - are on display from nearly every vantage of the property. When skies are clear, Mt. Hood, Oregon's tallest mountain with a summit of 11,249 ft, is also visible. The property sits at an elevation of approximately 3,500-3,700 ft, and is located within a community comprised of large estates and ranch-style homes sited on 10-20-acre parcels. Downtown Bend is within a 10-min drive.

The luxurious residence offers two living levels spanning more than 7,300 sf, with 6 beds, 7 full and one-half baths. It was custom built in 2014 by Craig Johannesen, a boutique builder who has quietly developed luxury homes in many of Oregon's premier communities. Home interiors were designed by Kirsti Wolfe of Kirsti Wolfe Designs in Bend, OR, and are defined by spacious living areas accented by volume ceilings and oversized windows that fill the home with natural light.

Notable residence features include a two-story living room with soaring windows, gourmet kitchen with walk-in pantry, executive office, multiple balconies and terraces, a custom-designed staircase (imported from Toronto and installed on-site in one piece) and various "multi-purpose" rooms ready for customization.

Grounds include a private and gated entry with paved drive and three-vehicle garage, perimeter fencing, 5-stall barn with upper-level flex space, an original farmhouse, four (4) paddocks with loafing sheds and water supply, a cattle chute and storage pen, and a 130-ft x 200-ft riding arena equipped for standard barrel racing.

The property's 20 acres also convey with valuable, senior water rights from the Swalley Irrigation District that service 18 acres. Comparatively, most parcels in the area have subordinate water rights servicing only 5-10 acres. These superior water rights ensure the property enjoys ample water service for all residential and agricultural needs.

Property previews are available by daily appointment from Sept. 29 through Oct. 16, and may be scheduled by contacting Platinum's project manager, Trudy Vella, at 800.997.4235. Property photos, video and due diligence documents are also hosted online at OregonLuxuryAuction.com.

About Platinum Luxury Auctions: Platinum Luxury Auctions created the luxury auction® model for multimillion-dollar real estate auctions and owns the federal trademark rights to the term "luxury auction." The Miami-based auction house specializes in the non-distressed sale of luxury properties throughout the U.S. and select international markets and has offered properties in 33 states and 15 countries to date. Platinum's team has closed more than $1.75 billion in luxury auction® sales and has advised HNW and UHNW individuals on more than $4.65 billion in luxury property assets. PlatinumLuxuryAuctions.com.

SOURCE Platinum Luxury Auctions LLC