Timeless Lake Geneva Waterfront Home to be Sold at Absolute Auction on May 19th by Grand Estates Auction Company

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Six-Bedroom Lakefront Estate on 1.82 Acres With Rare Walk-Out Water Access Offered with No Minimum Bid and No Reserve

Six-Bedroom Lakefront Estate on 1.82 Acres With Rare Walk-Out Water Access Offered with No Minimum Bid and No Reserve

Timeless Lake Geneva Waterfront Home to be Sold at Absolute Auction on May 19th by Grand Estates Auction Company

With its close proximity to Chicago and Milwaukee this magnificent lakefront home presents an incredible buying opportunity and will be going to one lucky bidder on May 19th.

+A stunning six-bedroom waterfront estate in exclusive Lake Geneva, will be sold at absolute auction with no minimum bid and no reserve on Tuesday, May 19th, at 2:00 p.m. CDT by Grand Estates Auction Company. Just a short drive from Chicago and Milwaukee, the elegant estate sits on 1.82 acres along Geneva Lake’s shore and offers a private dock with two boat slips, indoor and outdoor pools with hot tubs, outdoor entertaining space with kitchen and fireplace, breathtaking views from every room, exquisite finishes and architectural details, and state-of-the art systems throughout the home. One of the most desirable properties on Lake Geneva, this home is just a short sail from the Geneva Yacht Club as well as Geneva National Resort and its renowned golf courses designed by Arnold Palmer, Gary Player, and Lee Trevino.

“This Lake Geneva waterfront estate has wonderful craftsmanship, abundant entertainment space, resort-like amenities, and breathtaking panoramic views,” stated Grand Estates Auction Company Director of Sales Development Stacy K. Reich. “With its close proximity to Chicago and Milwaukee this magnificent lakefront home presents an incredible buying opportunity and will be going to one lucky bidder on May 19th.”

No expense was spared in the design and construction of this impressive lakefront estate and its beautifully landscaped grounds. The luxury family residence features six bedrooms including two master suites, Jack-and-Jill bedrooms with built-in lofts, and a large bunkroom/playroom with four custom built-in bunk beds; six full bathrooms and three half-bathrooms; custom-designed gourmet kitchen; formal and informal dining and living rooms; a second-floor office with expansive windows overlooking the lake; game room with attached bar; a large wine cellar; three laundry rooms; and a three-and-a-half-car garage. Architectural design elements include beautiful coffered ceilings with wood inlays, three fireplaces, heated walnut wood flooring, a wood-paneled elevator, and custom built-ins throughout the light-filled home. Resort amenities include a private dock with two boat slips, rare walk-out lake access, two pools – one indoor and one outdoor – both with hot tubs, putting green with multiple tee boxes, outdoor kitchen, and abundant outdoor entertainment space including a covered porch with outdoor fireplace.

Nicknamed “The Newport of the West,” prominent families including the Wrigleys, Kelloggs, and Schwinns have all called the glorious mansions and country clubs of Lake Geneva home for years. The Lake Geneva area is filled with world-class golf resorts, spectacular spas, charming bed-and-breakfasts, boutique shopping, fine dining experiences, historical sites, and the famous 21-mile Shore Path surrounding the lake. Lake Geneva is also a ‘winter wonderland” with two ski resorts nearby and the annual Lake Geneva Winterfest.

Grand Estates Auction Company has an unsurpassed closing rate in the luxury residential real estate auction industry and specializes in creating comprehensive global marketing campaigns for luxury properties. There are no contingencies, no lengthy negotiations, and timelines for closing are already established. To help buyers make an informed purchase, a comprehensive due-diligence packet is available, and ample time is allotted for tours and inspections prior to the auction. Similar to rare artwork that does not have comparable pieces to set the value, exceptional properties such as this are well suited for auction, where bidders set the market value.

The Lake Geneva auction will start promptly at 2:00 p.m. on Tuesday, May 19th. Provisions for remote bidding can be arranged. The property will be available for prospective bidders to preview beginning Friday, May 15th at 11:00 a.m., with daily preview times scheduled through the date of the auction. Buyers may contact Grand Estates Auction Company’s auction information office to schedule an appointment during one of the preview times at 800-552-8120. A $150,000.00 certified check or personal check along with a bank letter of guarantee will be required to register to bid. Real estate agents and brokers are fully protected and encouraged to participate.

Grand Estates Auction Company is the leader in the niche market of auctioning luxury real estate, specializing in properties valued at $2 million and above throughout North America, the Caribbean, and select international destinations. Based in Charlotte, N.C., the company was established in 1999 and was the first of its kind. Recent auctions include the record-breaking sale of an $11 million dollar home in Bay Harbor, Mich., and the highest recorded sale in Racine, Wis. since 2006. For more information and auction details visit http://www.GrandEstatesAuction.com.

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