That mansion that was up for auction finally went for $12 million. Not a big surprise, as the min bid was reduced to that amount just weeks ago.
The brochure is now offline, so I’ve posted it here: auction brochure.
More interesting than the sale itself is the coverage it generated.
- The Seattle Times led with the $28 million markdown from the original price (that is a staggering amount) and had background on the sellers.
- Seattle Bubble did a nice analysis using this sale to set a ceiling on Seattle-area real estate prices.
- BizJournal reached the seller, Chuck Lytle, and got some commentary. They also noted that the place has a stocked trout pool, which is an feature I had never really considered an amenity before.
- Sound Politics fell into a rant on liberals and rich people that I found hard to understand, though apparently someone did: the first comment is “Another brilliant post.”
Best quote on the place, from the Seattle Times article: “It’s like the [Las Vegas] Bellagio without the slot machines.”