Once a $20 million home, on auction block with $6M starting bid – Houston, TX MyFoxHouston

•February 19, 2013 • Leave a Comment

HOUSTON (FOX 26) -

One of Houston’s largest homes is set to be sold to the highest bidder.

One Piney Point mansion clocks in at nearly 25,000 square feet, divided among 8 bedrooms, 14 bathrooms and 4 separate kitchens.

But owner Melanie Johnson says her favorite room is the walk-in closet. And at 800 square feet, it lets you walk waaaay in!

Still, as Johnson points out, the massive home doesn’t reveal the true nature of its size from the street.

“It’s for the person that’s not looking to make that big statement, that people are driving by looking at that big house,” said Johnson. “It’s kind of like we’re business in the front, party in the back.”

Melanie Johnson’s ex-husband started Houston’s KNWS Channel 51, which went bankrupt in 2008.

The home once had an asking price of nearly $20 million. But it’ll go under the gavel on Feb. 19 with a starting bid just shy of $6 million.

http://premiereestates.com/auction/1289/stunning-luxurious-25000-sq-ft-mansion.html

 

Ed Kaminsky of Premiere Estates Auction Company Featured In Time Magazine

•February 14, 2013 • Leave a Comment
Ed Kaminsky of Premiere Estates Auction Company with his marketing drone.

Ed Kaminsky of Premiere Estates Auction Company with his marketing drone.

CLICK HERE FOR THE FULL ARTICLE!

A Drone Flyover Of Villa Rockledge in Laguna Beach, CA

•November 23, 2012 • Leave a Comment

The Orange County Register – Owners to auction Laguna Beach’s historic Villa Rockledge

•November 21, 2012 • Leave a Comment

By KELLI HART KEHLER/ THE ORANGE COUNTY REGISTER

The historic Villa Rockledge, a sprawling Mediterranean Revival compound on the oceanfront in Laguna Beach, will be sold at auction in December.

The property has been on and off the market in recent years and listed as high as $34.5 million. Sellers Roger Jones and Sherill Bottjer decided to auction the 1918 estate to reach a global market of buyers. The opening bid is $10.5 million.

Built by Frank Miller – known for creating the Mission Inn in Riverside – and architect Arthur Benton, the compound has been included on the National Register of Historic Places since 1984.

Miller created Villa Rockledge, which stretches across a 30,000-square-foot oceanfront bluff with a main home and seven adjacent guest villas, as a beach home for himself, said owner Jones. The property has a canopy of mature trees with pathways winding through its labyrinth of villas.

“There is so much seclusion here,” said Jones, a retired electronics industry executive. “You can’t build like this anymore.”

Jones bought Villa Rockledge in 1973 for $420,000. He became enamored with the compound and its history and spent 17 years researching it and writing a book, “The History of Villa Rockledge.”

The owner said he wanted to leave a legacy and tell the tale of his storied property.

“I wrote it down because when I’m gone, no one will ever know what happened here,” he said.

That is why it is so important for Jones and his wife, Bottjer, to ensure that the property ends up in the right hands.

The auction platform will allow Jones and Bottjer to reach out to a wide network of buyers and set a date for the home to sell, said Todd Wohl, vice president of Premiere Estates Auction Co., which is handling the sale.

The auction will take place at noon Dec. 15, and bidders can cast bids at any time until then, Wohl said. Potential buyers must register with the company, provide a registration deposit of $100,000 and tour the property.

Bids can be cast by phone, online, via proxy or in person on the date of the auction.

The property previously was listed for sale this year with an asking price of $24,995,000.

Wohl noted it can be difficult to set a value on such a unique, historical property. The nature of an auction allows buyers to establish a value that the market is willing to pay, Wohl said.

“Auctions establish a very important balance between buyers and sellers,” he said.

An auction-preview gala is being held at the property, 2529 S. Coast Highway, from 2 to 6 p.m. Nov. 18 to give potential bidders a chance to tour the 8,065-square-foot property and learn more about it.

A KAA Design architect who specializes in historically significant homes throughout California will address potential buyers at the auction, Wohl said.

“Principal Grant Kirkpatrick will be speaking on not only Villa Rockledge but historic architecture in the area and talk about design elements of the property and answer questions (about) what buyers can and can’t do with the property.”

The future owners of the property will qualify for tax exemptions under California’s Mills Act, which significantly reduces property taxes on buildings of great historical importance. Villa Rockledge is classified with Laguna Beach’s highest rating of “E” or “exceptional,” according to city documents. As long as owners agree to preserve the property, they benefit from lower taxes.

“There are a lot of nuances to ownership, so we want to educate the buyers and help them understand the marketplace,” Wohl said. “(Jones) took great steps to make sure that property wasn’t another McMansion.”

http://www.ocregister.com/articles/property-376860-auction-buyers.html

ABC7 Los Angeles Coverage – Historic Laguna Beach Mansion Villa Rockledge To Be Auctioned

•November 20, 2012 • Leave a Comment

 

LAGUNA BEACH, Calif. (KABC) — A one of a kind dream home in Laguna Beach will soon be up for sale to the highest bidder.

The historic oceanfront property is called Villa Rockledge. It’s located along south Pacific Coast Highway.

“I don’t think you can find another home like this in Southern California,” said David Jaffe, vice president, Premiere Estates Auction Company. “It’s right on the water, has 120 feet of private beach, and a saltwater pool.”

The property was built in 1919 and completed in 1923.

“There’s a main house with five bedrooms and five baths and about 5,000 square feet,” said Jaffe.

The main home and six private villas are joined by meandering pathways lush with vegetation. A small tower leads from the main house down to some of the villas.

The home was built by Frank Miller and designed by Arthur Benton, both known for their work at the Mission Inn in Riverside. That influence can be seen throughout the property, from the windows to the decorations on the doors.

Every room has unique detail and just about every room on this property has a gorgeous view.

The property has been on the National Register of Historic Places since 1984. The sellers have owned the property for decades, but now want to sell.

“They’ve had their enjoyment with it. They’ve lived in it for almost 40 years. They’re ready to move on to the next part of their life,” said Jaffe. “They want to sell it by a certain time and they want to get market value and instead of waiting for the market to come, they hired us to bring the market to them.”

The opening bid is $10.5 million. Premiere Estates Auction Company expects the unique property could bring in as much as $25 million when it sells at auction on December 15.

Home Auction Alert – The Historic Villa Rockledge in Laguna Beach, CA

•October 23, 2012 • Leave a Comment

 

Published Minimum of just $10,500,000 (Originally listed at $34,900,000!)

This historic masterpiece was designed and built by Frank Miller, Developer of the Riverside Mission Inn and a pioneer who promoted the Spanish Colonial Architecture seen throughout Southern California. Villa Rockledge features a 25,000 square foot estate anchored between rustic stone towers seamlessly aligned with the Laguna Beach coastal terrain. The home s panoramic ocean views look out onto the natural sea pools forming on the sand in front of its own private beach. The storybook estate has a main house and six private villas designed with Mediterranean, Spanish and English influences. In all, the property totals 12 bedrooms, 11 bathrooms… 8,065 square feet of living area, and private parking for 9 cars.

Click here for more information.

HOME AUCTION ALERT – 3776 Mahalo Circle in Logandale, Nevada

•October 19, 2012 • Leave a Comment

Originally listed at $2.8 Million and now with a starting bid of just $300,000! - From the moment you enter this grand estate, its magnificence is apparent, with no upgrade spared. There are high-end Wolf appliances throughout, shutters and crown moldings adorn the home, and the spectacular attention to detail does not stop at the main house. The 1860 square foot guest house includes a full master suite with luxurious master bathroom and jacuzzi, plus a full gourmet kitchen for family or guests. Outside you will find a sparkling heated pool & spa with cover and a waterfall spilling into a river that meanders through the beautifully landscaped yard. In addition, there is ample parking space plus 2-car RV garage, providing enough parking for 10+ cars.

For more information – http://premiereestates.com/auction.php?id=176

 
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