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Luxury Estate in Bend to Auction at a Bargain Price Soon

Luxury Estate in Bend to Auction at a Bargain Price Soon

Luxury Estate Auction in Bend, Oregon

A stunning 20-acre luxury estate in Bend, Oregon, will soon return to the auction block, creating excitement among potential buyers. This exquisite property will be up for grabs on October 17, and the auction promises a unique opportunity for buyers looking to invest in luxury real estate.

Property Background and New Auction Date

This remarkable estate is situated at 20375 Sturgeon Road and has drawn significant attention after its original auction date was postponed from earlier this year. The management of this sale falls under the expert guidance of Platinum Luxury Auctions, in cooperation with Jennifer L. Schaake from Cascade Hasson Sotheby's International Realty. With her extensive experience in Bend's luxury market, Schaake's involvement brings added prestige to the auction.

A Unique Opportunity with Attractive Pricing

In a fascinating turn of events, this estate was previously listed at $6.3 million; however, it will now be auctioned to the highest bidder starting at an enticing reserve price of only $2.85 million. This significant price reduction highlights the growing trend of luxury real estate adapting to current market conditions, offering buyers exceptional values. As noted by Trayor Lesnock, the founder and president of Platinum Luxury Auctions, this auction presents the opportunity for interested buyers to acquire this extraordinary property at an 'all-in' price of less than $3.2 million, which is a remarkable deal for the area.

Stunning Views and Features

The estate boasts sweeping views of the unspoiled Cascade Mountain Range, including the iconic Mt. Bachelor and other notable peaks. Nestled at an elevation of around 3,500-3,700 feet, this exclusive property provides not just luxury living but also unique access to breathtaking landscapes. A mere 10-minute drive takes residents to Downtown Bend, combining convenience with a tranquil lifestyle.

Luxurious Living Space

Covering more than 7,300 square feet, this luxurious residence features two levels filled with natural light, six bedrooms, and seven full bathrooms along with a half bath. Built by esteemed builder Craig Johannesen in 2014, this home exhibits excellent craftsmanship and modern design, thanks to the impressive interiors by Kirsti Wolfe Designs. With expansive living areas, tall ceilings, and large windows, each room aims to enhance the overall living experience.

Noteworthy Amenities

The property comes equipped with several high-end features, such as a grand two-story living room, a gourmet kitchen with a walk-in pantry, and a dedicated executive office. It also offers multiple balconies and terraces, providing a platform for outdoor relaxation and entertainment. Additionally, the custom staircase that was imported from Toronto adds a unique touch to the home's decor.

Equestrian Facilities and Land Features

The expansive grounds are meticulously designed, including a gated entry, paved driveway, and a three-car garage. Equestrian enthusiasts will appreciate the five-stall barn, paddocks equipped with loafing sheds, and a riding area that caters to various equestrian activities, including barrel racing. The estate also holds valuable senior water rights from the Swalley Irrigation District, ensuring ample water service for both residential and agricultural purposes.

Property Previews and Contact Information

Potential buyers are encouraged to view the property firsthand before the auction. From September 29 through October 16, previews are available by appointment through Platinum's project manager, Trudy Vella, at 800.997.4235. For those interested in educating themselves further, online resources, including property photos, videos, and additional documents, are accessible for review.

Frequently Asked Questions

What is the starting price for the luxury estate auction?

The starting price for the upcoming luxury estate auction is set at a reserve price of $2.85 million.

When can I preview the property before the auction?

Property previews are available by appointment from September 29 to October 16.

Who is managing the auction?

The auction is managed by Platinum Luxury Auctions in conjunction with Jennifer L. Schaake from Cascade Hasson Sotheby's International Realty.

What are some unique features of the estate?

Notable features include exceptional mountain views, a 7,300-square-foot residence, equestrian amenities, and senior water rights servicing 18 acres.

What should I do if I'm interested in bidding?

If interested, potential bidders should contact Trudy Vella at 800.997.4235 to schedule a preview and get more details before the auction date.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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