Adirondack Luxury Estates on Auction Block
A couple of multimillion dollar estates in the Adirondacks are hitting the auction block in the coming weeks, the Times Union reported. The auctions will be live and will offer teleconference options.
One estate is Camp Iroquois in Saranac Lake, considered one of the region’s traditional “Great Camps.” The nine-acre estate was built more than a century ago and includes a 4,000-square-foot home.
The waterfront estate has six sleeping cabins, a dining hall, a four-car garage, a tennis and pickleball court, a workshop and gardens.
The property last traded hands via auction in 2020 for $2.4 million. It’s on the market for $4.3 million, but it’s going up for auction on Sept. 23 without reserve, meaning there’s no minimum winning bid.
The other property is in the hamlet of Bloomingdale — part of the town of St. Armand — and is on the market for the first time. The massive estate spans 295 acres across three parcels and has two lakes, a brook that runs through the property and extensive hiking trails.
In terms of structures, there are three residences — A 1,700-square-foot main home built in 1838, a 1,300-square-foot guest cabin added and a 700-square-foot log cottage built a few years ago — as well as a garage, a workshop, a woodshed and generator.
The property was previously listed for almost $5.3 million, but is set to be auctioned on Oct. 9 with a reserve of $2.3 million.
Platinum Luxury Auctions is organizing and hosting the auction process for both properties.
Big Adirondack properties are commanding big bucks. A few months ago, Shawn Todd of Todd Interests entered into contract to purchase the 36,000-acre Whitney Park in Long Lake and the Cady Hill mansion in Saratoga Springs, eyeing a luxury resort development.
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