Two Rare Privately Owned Adirondack Waterfront Properties to be Auctioned by Williams & Williams

TULSA, Okla., June 5, 2014 /PRNewswire/ -- Williams & Williams®, a worldwide real estate auction firm and the leader in global live and interactive auctions, has announced the July 19^th auction of two privately owned waterfront properties in Lower Saranac Lake, New York, located seven miles from Lake Placid within Adirondack Park.  With two-thirds of the shoreline state-owned and designated "forever wild" and only one-third privately held, the sale of these two waterfront properties represents a rare ownership opportunity for those looking for a vacation home or seeking a year-round residence.  On behalf of two separate private sellers, the homes will be auctioned in cooperation with Margie Philo owner of Adirondack Premier Properties Inc.

The first property to be auctioned is located at 50 Lower Saranac Lake Road in Saranac Lake, New York.  The current owner chose to auction his property after witnessing the successful results of the auction of a similar residence on Lake Placid by Williams & Williams last year.  The property is comprised of 2.35+/- acres in the coveted community of Lower Saranac Lake. It features a 7,000+/- sq. ft. home with eight bedrooms, five full and one half bathrooms and a three-car garage.  Facing west, the home offers breathtaking lake and sunset views from its many decks, sandy beach and upper boathouse deck.  In addition to the main home, the property has an enclosed two-slip boathouse and guest quarters above the garage. The global live auction of this property will take place on-site and online at 2:00 p.m. EDT.

The second home to be auctioned, at 5 Pinehurst Road on Ampersand Bay on the north end of Lower Saranac Lake, is located in an exclusive neighborhood of 12 waterfront homes and situated on a bluff. It is a rarely offered year-round Adirondack home.  Its owner, who now lives outside of the U.S., chose Williams & Williams to handle her sale because of the company's proven ability to reach potential buyers worldwide.

Nestled among trees with spectacular water and mountain views, this 1.73+/- acre property features a main home with three bedrooms and three bathrooms, a guest cottage with two bedrooms and one full bathroom and a two-slip boathouse with bonus room above.  Recently renovated throughout, this property is being sold fully furnished, along with a motorboat and extra buildable lot. This property represents a turnkey ownership opportunity in this desirable region. The global live auction will take place on-site and online at 4:00 p.m. EDT.

Lower Saranac Lake is a destination for all seasons and is one of the most beautiful areas within the United States.  It has been a favored destination for notable and wealthy families for generations attracted by its serenity, charm and abundant opportunities for rest and recreation.  From Theodore Roosevelt and Edmond Guggenheim to Ralph Waldo Emerson and Albert Einstein, the region's history is impressively storied. 

With breathtaking views of lakes and mountains, Saranac Lake provides miles and miles of boating recreation and fishing, as well as hiking and biking in the bountiful forests.  During the fall, its stunning views of colorful foliage are unmatched.  In winter, there's snowshoeing and cross-country skiing along its many trails.  Lower Saranac Lake is two and a half hours from Montreal, two hours from Burlington, Vermont and 300 miles from New York City.

Williams & Williams is experienced in selling real estate throughout the Adirondacks region and in cooperation with Adirondacks Premier Properties Inc.  In June 2013, the parties cooperatively handled the successful sale of a multi-million dollar family retreat on Lake Placid on behalf of an internationally renowned artist.

"Williams & Williams is my go-to partner for clients who are interested in the benefits of a time-definite sale for their property," said Margie Philo, Adirondacks Premier Properties Inc. Broker and Owner.  "They share my philosophy of treating people right, and following through to be sure each transaction is done with care, and excellence."

Interested bidders should contact Cassie Martin at 918-362-6522 or via email at [email protected].  Both properties will be open for public inspection on Saturday, July 12 from Noon-2:00 p.m. and an hour before each auction.  The live auctions will be held on-site at each property and online at auctionnetwork.com.  The nominal opening bid for each property is $250,000.

About Williams & Williams:
Williams & Williams (www.williamsauction.com) is a worldwide real estate auction firm and the leader in global live and interactive auctions.  With more than a century of experience, Williams & Williams provides a broad range of real estate services to private, public and institutional sellers interested in the benefits of time-definite sales solutions that deliver best value.  A full-service brokerage with an operating footprint in all 50 United States, Williams & Williams also cooperatively partners with residential, commercial and land brokers to auction properties throughout the United States and abroad. 

About Adirondacks Premier Properties, Inc.:
Serving all Adirondack real estate, Adirondack Premier Properties Inc. (www.adkpp.com) is Lake Placid real estate's featured realty and vacation rental office currently leading the area market in all sales volume including Adirondack waterfront sales and listings. Office: 2429 Main Street, Lake Placid, NY 12946.  Phone:  (518) 523-3333.

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SOURCE Williams & Williams