Platinum Luxury Auctions Posts Another Market-Leading Sale in Ligonier, PA
PITTSBURGH, June 18, 2019 /PRNewswire/ -- After posting one record property sale in Ligonier, Pennsylvania at a January auction, luxury real estate auction firm Platinum Luxury Auctions has announced another lofty sale in the rural community in western PA that has long served as an under-the-radar retreat for the wealthy. On May 11th, a live auction was held for the Hidden Meadow Farm estate, which resulted in a successful sale that closed last week, according to the auction house. Platinum conducted the luxury auction® sale in cooperation with listing agent Annette D. Ganassi of Ligonier's Howard Hanna Real Estate Services.
While the buyer and seller requested the exact price of the sale be confidential, Platinum disclosed that the sale ranks as the 8th highest in the history of Westmoreland County, PA, per the firm's review of the county property records. Platinum's January sale of the 200-acre "Woodmere" estate produced a $3.75m sale price, which registered as the 2nd highest resale price in county history.
Platinum's managing director, David Ashcroft, stated, "The property is passing from one wonderful family to another, with all parties being thrilled with the outcome." In support of his claim, Mr. Ashcroft pointed to an email the sellers sent to the auction firm, wherein they thank Platinum for, "…selling our home to the best possible family." The seller also notes, "You all are MAGIC 100%."
"The only thing better than a successful sale, is a successful sale that truly makes all the parties happy," noted Trayor Lesnock, Platinum's president and founder. "That's often a hard target to hit in the world of luxury property sales. It was our pleasure to work with everyone involved."
The feature piece of the 133-acre property is its main residence, which offers more than 15,000 sf of handsomely appointed living areas throughout three levels. There are 5 bedrooms, 6 full and 2 half baths, in addition to many unique spaces. For example, a magnificent, two-story library – influenced by the details of Lord Admiral Nelson's flagship HMS Victory – features custom windows similar to those in the British naval commander's personal quarters. On the upper level, an office/artist's studio is accessed by a large, "floating" circular door decorated with wrought iron forged by local artisans. The design was inspired by J. R. R. Tolkien's The Hobbit.
Just down the gently winding drive from the main residence is an 8-stall barn with a 60-ft by 120-ft indoor arena, tack room and storage areas. There are also multiple paddocks, an outdoor riding ring, split-rail fencing and miles of trails throughout the grounds. Additional outbuildings include a large-equipment barn, guesthouse and a charming caretaker's cottage.
Additional property information is located at PlatinumLuxuryAuctions.com. The luxury auction® firm noted that it has been speaking with several other property owners in the Ligonier Valley area, and expects to conduct additional sales there in 2019.
About Platinum Luxury Auctions
Platinum Luxury Auctions is responsible for developing the luxury auction® model for high-priced real estate auctions and owns the trademark rights to the term "luxury auction." The firm specializes in the non-distressed sale of multimillion-dollar properties within and beyond the United States. Platinum's team has closed more than $855 million in luxury real estate auction sales to date, while consulting on more than $2.65 billion in additional luxury properties worldwide.
SOURCE Platinum Luxury Auctions LLC
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