MercerIsland

Lytle Mansion, Once $40 Million, Now Up For Auction

Once upon a time (otherwise known as 2005), the Lytle Mansion on Mercer Island in Washington state was listed at a whopping $40 million. Even then it was a groaner of a price tag and one that made sure the home stayed on the market a long time. But those days are over because the three-story mansion on two acres is being put up for auction.

This home has some incredible details. The indoor saltwater pool has a cloud mural and Egyptian-style columns that have been specially treated to look aged. A Dale Chihuly chandelier spiraling twelve feet of crystal hangs over a marble floor in the entry. The house is full of inlaid stones, marble fireplaces and everything is done on a grand and ornate scale. It has four bedrooms but with nearly 23,000 sq. feet of space much of the space is devoted to waking pursuits. There are two wine cellars, an exercise room, massage and tanning room, music room, steam room, sunroom and a dining room with a gleaming gold leaf ceiling. The master suite has a raised platform bed, a marble fireplace and a bathroom where the tub is set on a pedestal and has a chandelier over it. Outside there is a saltwater pool and 175 feet of waterfront including a boat dock that can accommodate a 140 foot yacht.

The home is being offered for sale in a sealed bid auction by Sheldon Good & Company and will be sold subject to a qualified minimum bid of $15 million with a deadline of April 14, 2010. A bidder's information packet priced at $75 is a requirement for bidding, as well as a certified or cashier's check totaling five percent of the total bid.

UPDATE: This auction has now been extended to June 30.

Gallery: The Lytle Mansion

Tags: luxury real estate auction, LuxuryRealEstateAuction, lytle mansion, LytleMansion, mercer island, MercerIsland, sheldon good, SheldonGood

Mercer Island, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Today's listing takes us to a 1932 brick home in the pricey Mercer Island area of East Seattle, Washington. This home is on 1.37 acres and has a beach, a dock with boat lifts, a two-bedroom guest house and a carriage house that has three office spaces. The main home has been completely rebuilt and expanded. It has lost some of its vintage charm but does retain some details like beamed ceilings and leaded glass windows combined with a more modern open floor plan. Rocks surround an indoor pool which has a waterslide and spa. The home also has a game room, sports court and home theater. it is listed at $29.95 million.

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Gallery: Mercer Island

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Tags: estate of the day, EstateOfTheDay, mercer island, MercerIsland, seattle, washington

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Mercer Island, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Today's estate on posh Mercer Island in Washington, comes courtesy of a reader, Timothy, who has checked out the home in person and can attest to its fabulousness. This home is admirably located so that it has beautiful views of Lake Washington and of the landscape. The home is surrounded by trees for privacy. The home has a couple of nice maintenance features: Trex decks mean no repainting or staining the wood each year and the heated tile floors in the house keep cleaning simple. The land also has an office at the water's edge, a two-bedroom guest house over the garage and an exercise room with a bathroom behind the garage. It is listed at $4 million and there is an open house this Saturday for the curious. After the jump, the cluster of outbuildings means you get the most for your small lot.

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Tags: estate of the day, luxury real estate, mercer island, MercerIsland, washington real estate

Continue reading “Mercer Island, Estate of the Day”