Prince DeBeers Farm, a 48-acre equestrian estate just south of Atlanta that features a fully furnished residence including an event barn, an imported Irish pub and closets that dry-clean clothes, will be auctioned off on December 1 . 7, with a reserve of $ 1.75 million.
Laura Brady, CEO of Concierge Auctions, which is leading the sale in conjunction with listing agent Caroline Jaffee of Exp Realty, said this auction is unusual because it has a reserve price.
“We estimate that around 75% of the luxury homes we represent have no reserve, which means the property will be sold to the highest bidder regardless of the price,” she said, adding that Prince DeBeers Farm will only be sold if someone bids at least $ 1.75 million.
The Griffin, Ga. Complex, which real estate records show last sold in 2017 for $ 1.2 million, has been listed since January 2021 with various price changes falling and rising. rise. Ms. Jaffee currently listed it for $ 3.5 million.
The vendors, Michael and Michelle Pinell, said they named the farm after Prince DeBeers, an upright Egyptian horse he gave it in 2016.
Mr. Pinell, who is the chief physician of emergency oncology care at the Cancer Treatment Centers of America in Atlanta, saw the therapeutic value of horses when he was diagnosed with large and small lymphoma. cells just over ten years ago, according to published reports.
The Pinells bought the farm to provide equestrian therapy to people undergoing cancer treatment.
Noting that the house has “extraordinary details everywhere”, Ms Pinell said in an email that “we hope the next buyer can use the phenomenal and exceptional equestrian opportunities this property has to offer”.
Ms. Jaffee said that “this is a well known property in the area and the community. And that’s big for a real equestrian estate of this caliber in this region.
Accessible by a long driveway lined with 34 LED-lit maple trees, the 7,506 square foot colonial-style main residence has seven bedrooms, six full bathrooms, a powder room and an apartment wing.
Surrounded by pastures, the property’s barns – a 3,000 square foot event barn, a 5,000 square foot metal grooming and storage barn, and a barn for equipment and hay – house 23 horse stalls and three lapping stalls. There are also seven fenced paddocks and a large outdoor arena.
The bucolic setting offers the amenities of a five-star resort: in addition to a custom saltwater pool with spa and natural stone waterfall, there is an outdoor kitchen and bar.
The main house, which was built in 2005, has a large room with a double height cathedral ceiling and a floor-to-ceiling stone fireplace. It also houses a master suite with exposed beams, a wine cellar, a bespoke cinema room, a beer brewing room, a gym, a billiard room, a library with custom built-in furniture and a kitchen. chef with two dishwashers, four refrigerators and a breakfast bar.
“When the house was built, it was created to look like a log house in the West of North America,” Ms. Jaffee said. “However, the opulent and unique finishes and furnishings really elevate the environment.”
She added that the property “is a unique find. When you put your boots on the ground, you feel a sense of peace and quiet. And you can be in the middle of downtown Atlanta or the Atlanta Metro in under an hour for an easy escape or a daily commute.