PALM BEACH, Fla., April 25, 2013 /PRNewswire/ -- On May 24, 2013, leading luxury auction firm Platinum Luxury Auctions will offer a truly unique, modern ranch estate to the highest bidder above $1 million. The residence, which was completed in 2012 but never occupied, was previously listed for $6 million. The owners of the property retained Platinum for the sale in order to recapitalize their estate after deciding not to move into the residence as they had planned. Platinum is handling the luxury auction sale in cooperation with listing agents Cary and Jeff Lichtenstein of Illustrated Properties in Jupiter, Florida. Illustrated is an affiliate of Christie's International Real Estate.
"We interviewed several auction firms, but it was Platinum's experience, combined with their excellent client feedback record, that made them the clear choice for the sale," stated Cary Lichtenstein. "We're excited to get to work."
With 20 private acres and more than 7,200 square feet of interior living space - most of which features 16-foot ceilings - the property is defined by open spaces. There are 5 large bedrooms, 5 full and one-half baths, making the estate very comfortable for even a large family.
The home's modern design was inspired by the work of Mies van der Rohe, a master architect and one of the pioneers of the modern building design movement. In accord with the modern aesthetic, the simple yet elegant spaces of the home are accented by sleek appliances and fixtures. There is also a vast grand salon and adjacent gallery, which combine to offer a dramatic display space for the art collector or more party room for the avid entertainer's guests.
Additional features include an indoor pool with air conditioning, an 80-foot long outdoor pool and large patio area, 3-car garage and a gated entry that opens to a winding, stately driveway.
"Initially the concept of an ultra-modern ranch seemed a bit unusual, even to a firm accustomed to handling exceptionally unique properties," stated Trayor Lesnock, Platinum's president. "But once you visit the property, it's really quite impressive. The bright, open spaces are truly inspiring."
The property is located in the Ranch Colony development in western Jupiter, Florida. This 2,000-acre community is known for its high-end ranch and equestrian estates, and for large lots that range in size from 5 to 20 acres each. The development also offers golf and private aviation amenities. Ranch Colony is less than 15 miles from the Atlantic Ocean and within 4 miles of Interstate 95.
Property previews begin April 25, 2013, and will continue each Thursday through Sunday until the auction date. More information on the auction can be found at RanchEstatesAuction.com, or by calling 1.800.262.5132. Additional information on Platinum Luxury Auctions can be found at PlatinumLuxuryAuctions.com.
SOURCE Platinum Luxury Auctions