A piece of North Shore history is on its way to the auction block, but in order to enter, enthusiastic buyers will need to be prepared to pay a $75,000 check.
According to Marianne Sullivan of Sullivan & Sullivan Auctioneers, the company hosting the foreclosure sale, it appears to be the North Shore equivalent of the White House.
On June 25 at noon, a foreclosure auction will take place on the property to sell Seven Pines, a 15,000-square-foot Neo-Georgian home with over nine bedrooms and ten baths. The opulent estate, which is 30.77 acres in size and is made up of two properties at 97 and 115 Larch Row, is encircled by open spaces and undulating fields. The property, which is hidden behind two private gated entrances, evokes the region’s illustrious past as a holiday spot.
Henry Audesse, a titan of building, lived on the property for a long time before passing away in 2015. He furnished the large mansion with exquisite antiques from his collection and created beautifully manicured gardens for the property’s undulating terrain. According to the Andover Townsman, Audesse’s vast collection of antiquities was put up for auction back in 2016.
The main home is accompanied by greenhouses and a number of smaller buildings, such as a separate two-car garage and a three-car linked garage. In addition to a number of additional facilities, the town reports that there are both an indoor and an outdoor pool.
Even though many individuals who are thinking about attending the auction might only be excited to see the property, you might want to reconsider because you will need to bring a $75,000 bank check if you want to purchase it. Within five business days, a 10% deposit is needed.
The high bidder will have access to the property when you close within 30 days if you are the fortunate high bidder. Sullivan stated that they think the house is occupied and that there is no switch or key transfer because we do not have access.
According to Sullivan, an investor or a school operator would probably be interested in purchasing a property of this kind. Regarding the property’s potential sale price, Sullivan stated that it might fetch nearly $4 million.
Is it worth more, in my opinion? “I said,” she said. Most likely.
The Boston Globe, Architectural Digest, People, and other publications have featured the writing and reporting of Megan Johnson, who is based in Boston.
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