Historically First Property Auction In One Of The Most Prestigious Locations Of America's East Coast

Premiere Estates Auction Company will hold an auction of an exceptional pre-war manor house in Greenwich in conjunction with Sotheby's International Realty on August 6, 2015.

Aug 03, 2015, 14:26 ET from Premiere Estates Auction Company

MANHATTAN BEACH, Calif., Aug. 3, 2015 /PRNewswire/ -- Premiere Estates Auction Company announces an unprecedented event – an auction of "Mead Point Treasure," a beautiful manor residence situated behind the gates of the highly-desirable Mead Point Association. The Greenwich real estate market is one of the most desirable locations in United States, and this is a once in a lifetime opportunity to call it a home.

Greenwich, located about 45 minutes north of New York City, has some of the priciest property in the country, claiming four of America's most expensive ZIP codes. Located within small proximity to New York City, and as the home of wealthy Wall Street residents, the place earned its nickname as the hedge fund capital of the country.

The Greenwich real estate market is rich with historical estates both on and off the coast. The lucky auction winner will neighbor one of the America's most expensive homes ever sold, Copper Beach Farm, with a record setting sale price of $120 million.

CNN/Money and Money magazine have ranked Greenwich as #1 on its list of "100 Best Places to Live in the United States," and there is no better way to experience the exclusive Greenwich lifestyle than within the exclusive gated community of Mead Point. This waterfront enclave rests on a peninsula with Indian Harbor to one side and Cos Cob Harbor on the other, and offers its residents beautifully-landscaped grounds, a private, members-only beach, quiet tree-lined streets for strolling or bicycling, and 24-hour security.

"The auction of this home culminates in an almost perfect storm of excellent location in one of the most prominent sections of Greenwich, CT, a highly motivated seller, and a charming home that is priced to sell as one of the best values in all of this town," remarks Thomas "Tuvia" Sablosky, Managing Director of the International Division of Premiere Estates Auction Company.

This Mead Point Treasure Estate holds the ideal floor plan and layout for entertaining, offering both formal and informal dining and lounging areas in over 6,400 sf, as well as an expansive outdoor patio overlooking the pool. A balanced juxtaposition of old and new; period detailing and pre-war charm coexists with tasteful renovations and modern amenities. It features six bedrooms (including a master suite with bonus room, marble bath and walk-in closets), five full bathrooms and two partial bathrooms. The gorgeous gourmet kitchen with breakfast nook offers panoramic views of the spacious backyard, verdant gardens and pool.

Premiere Estates Auction Company is offering this beautiful estate in cooperation with Shelly Tretter Lynch, a top luxury agent affiliated with Sotheby's International Realty in Greenwich. "I believe that the collaboration with Premiere Estates Auction Company will provide for maximum exposure in an accelerated timeframe," says Shelly Tretter Lynch.

Potential buyers will be invited to bid on or before the auction date August 6, 2015. Originally listed at $8.4 million, opening bid now starts at $2,995,000. "We are very proud to conduct an auction in one of the most prestigious East Coast markets. Buyers should definitely take advantage of this unique opportunity and the value proposition presented at our auction. The seller is highly motivated to sell, and the auction generates an ideal environment for the buyers to receive an opportunity to purchase a prestigious Mead Point home at auction," added Ed Kaminsky, President of Premiere Estates Auction Company.

For more information about "Mead Point Treasure," including property profile, photography, and auction information, please visit www.PremiereEstates.com.

Premiere Estates Auction Company (www.PremiereEstates.com) and its corporate family of companies are nationwide leaders in high-end luxury real estate auctions, real estate marketing, and brokerage sales. Headquartered in Los Angeles and with offices in San Francisco, New York, Chicago, and London, the companies have over 2,900 alliances partners in 46 states including Sotheby's, Intero Real Estate, Prudential, Christie's, and many others. Corporate clients include major institutions, Fortune 500 companies, family offices, and trust companies.

Media Contact:
Peyton Sutton
Premiere Estates Auction Co.


SOURCE Premiere Estates Auction Company