PA Picks – Luxury Remains Popular at the Auction Block

November 22nd, 2013 by Ori Klein

For those looking to acquire an upscale residence, luxury homes are still a hot item at the auction block. Despite downsizing being high on the priority list of many looking to economize, there are still those investors and manse-seekers who can’t turn down an opportunity to live large. This week we’re looking at some sizeable homes that offer quite a few sumptuous perks.

Check out the 6,000sf lavish home and farm in Union, Kentucky being auctioned by Dan Mahaney. To be sold in three tracts, this property offers both ample living space and wide open countryside. Tract 1 holds the 5-bedroom, 5.5-bathroom house, along with three barns, an indoor arena and guest house. Tract 2 presents 90 acres of vacant land with 50 feet of road frontage, and Tract 3 includes the entire 163-acre property. PA is picking this one for its versatility – an oasis for equestrian lovers and farm owners, as well as investors looking to capitalize on a potential vacation property. Auction date is December 7th.

If you’re more of a Northerner at heart with a love for the Atlantic, then take a look at David R. Maltz & Company’s 3,000sf newly-renovated residence in Eastport, New York. Located in the desirable exclusive community of Seatuck Cove Landing, this opulent home boasts 4 bedrooms 2.5 bathrooms, a 1,200sf finished basement and a host of amenities including central air conditioning, in-ground sprinklers, tray ceilings and hardwood floors throughout, all situated on a spacious 1.07 acre lot. PA digs this one for its prime location, nestled in a private cul-de-sac within walking distance to the breathtaking Hamptons beach. Auction date is December 17th.

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