HouseRaffle

$2.2 Million Home To Be Auctioned Off In Special Olympics Fundraiser

A $2.2 million home in Studio City, California can be yours for the price of a $150 raffle ticket. Special Olympics Southern California is raffling off the home as part of a fundraising campaign. The home is a newly built five-bedroom Mediterranean home that has a four car garage, gourmet kitchen, wet bar, master suite and city views. The winner can also opt for a cash payout of $1.5 million. The net proceeds from the raffle will benefit the more than 13,000 Special Olympics athletes in Southern California.

Other prices include cash payouts of $25,000, $10,000, $5,000, $2,000 as well as smaller prizes of $1,000, $500 and $300--a total of 350 prizes. If all tickets are sold the odds of winning the Grand Prize are 1 in 35,000 and the odds of winning a prize of $300 or more are at least 1 in 100. The grand prize drawing will be held on June 13 at the Special Olympics Southern California Summer Games at California State University, Long Beach. Prize winners do not need to be present to receive their prize. Tickets cannot be bought online but the raffle website has complete purchase information.

Tags: charity raffle, CharityRaffle, house raffle, HouseRaffle, special olympics, SpecialOlympics

Florida Couple Tries Raffle Approach To Unload Their Mansion

by Deidre Woollard (RSS feed) —

Filed under: Estates

One Fort Lauderdale couple has taken a the raffle route to sell their waterfront mansion. As the press release says, moving from their dream home is something the Brannans never thought would happen but the couple has decided that the raffle is the best possible solution. They are selling tickets for $10 and a portion of the proceeds go to a local charity. They are hoping to sell 300,000 tickets which would equate to the house selling for $3 million.

A portion of the proceeds from the drawing will benefit The Mission of St. Francis, a charitable organization in Ft. Lauderdale. The home has six bedrooms including a master suite which measures 1,000 square feet and has a second story balcony overlooking the waterway. The luxury home includes an eat-in kitchen, theater room with a 120" screen, four car garage, and there is a pool and a dock on the waterway. The pictures in the gallery below are small but do show a typical Florida luxury home.

The drawing is set for Christmas Day 2009 or as soon as all the tickets have been sold, whichever comes first. If all the tickets are not sold then a 50/50 drawing will be held with 50 percent of the money collected going to the winner and the other 50 percent going to the charity. Records on Property Shark show that the Brennans paid $2.35 million for the home back in 2005.

To buy a ticket click here.

Gallery: Florida Raffle Mansion

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Tags: florida, fort lauderdale, FortLauderdale, house raffle, HouseRaffle

San Francisco Dream House Raffle

by Deidre Woollard (RSS feed) —

Filed under: Estates

For a $150 raffle ticket you could win a $2.4 million home in San Francisco, California. The San Francisco Dream House Raffle is a fundraiser to build funds for Yerba Buena Center for the Arts. The raffle is giving away a total of 370 prizes and the grand prize is a $2.4 million San Francisco dream home or $1.8 million in cash. A total of 37,000 tickets will be sold. There are a total of 369 other prizes valued at $25,000 to $300 so you have a 1 in 100 chance of winning something.

The property includes a newly-built main house and a guest cottage which have not been lived in.There is a four-bedroom main house of approximately 3,150 square feet and a separate two-bedroom guest house that is around 1,150 square feet. Both homes are decorated and the main home includes a baby's room.

[Thanks, Elizabeth!]

Gallery: San Francisco Dream House Raffle