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CHAPPAQUA, N.Y. - Going once, going twice A luxury Chappaqua home is on the auction block, but bidding hardly begins at two bits. It will be sold to the highest bidder at or above $999,000.
Sheldon Good & Company will conduct an auction to sell a six-bedroom, 8,428-square-foot home located at 22 Random Farms Drive. The auction takes place Sunday, July 15, at the property.
Outfitted with luxury amenities throughout its three stories, the contemporary home presides over a private setting of more than 3 landscaped acres of grounds.
The home is part of the Random Farms community, which offers residents an outdoor swimming pool, tennis courts and clubhouse.
According to Mark Troen, the chief operating officer of Sheldon Good & Company, among the reasons the buyer decided to auction rather than sell the house is that the buyer will name his or her own price.
In a neighborhood where comparable homes sell for about $2 million, a buyer can set their own market price at any number from $999,000 and above, he said.
Auctioning provides an additional attraction to buyers, said Troen: Unlike the current average in Westchester County of more than 200 days on market for conventional listings, the auction marketing period is 45 days.
So, in less than two months, the property sells.
Compare this to almost seven months needed for a traditional home sale, he said.
What amenities drape an almost $1 million (for starters) home? Among them: an indoor, heated, salt-water swimming pool and spa; four-person steam room; two wood-burning fireplaces; a home theater outfitted with surround sound; elevator access to three floors; two- and three-car attached garages and a marble terrace.
Built in 1992, the property features Italian marble and granite throughout the house, hardwood floors, rounded wall corners, solid wood doors, Anderson windows, stone walkways and a recently refurbished roof. There are also five full bathrooms, three half-bathrooms, four central air conditioning units, two water heaters, a separate well for the grounds irrigation system and a home alarm system.
Interested buyers can view the residence during pre-auction open houses on Saturdays and Sundays from 11 a.m. to 2 p.m. on July 1, July 7 and 8 and July 14.
Registration begins at 10 a.m. and the auction will start at 11. For more information, call 800-532- 7120 or visit the home's auction website for more information.
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