Filed under: Estates
When I can I like to follow up with some of the results of the big real estate auctions we cover. Last month we mentioned a huge home in New Hampshire that would be auctioned off on November 9. Grand Estates Auction Co., was selling this home on 15 acres in North Hampton, New Hampshire. This property was once owned by infamous former Tyco International CEO Dennis Kozlowski. The current owner has been rebuilding the estate virtually from the foundation up for the last six years.
Seacoast Online reports that the 10,000-square-foot mansion sold for $4.2 million. The 15-acre property was assessed at $9.4 million. The article says that both the buyer and the seller were happy with the price. The info on the new owners hasn't been disclosed. There were 16 registered bidders taking part in the auction.
The home has been redone on a grand scale since Kozlowski's residence. An artist spent two years hand-painting walls and murals throughout the home's more than 10,000 square feet. There is a 1,600-plus-square-foot master suite that fills the entire third floor and has views of the ocean and marsh, complete with octagonal meditation room, en suite kitchen and laundry room, sitting room, and massive master bathroom featuring a handmade Egyptian chandelier.
The huge home has indoor and outdoor pools, spa, steam and sauna, fitness center, tennis court and cabana, massage and game rooms, and a home-theater wing with 13 oversized chairs and a concession stand. A smart home system controls all electronics, including indoor and outdoor security cameras and a dozen flat-screen televisions, at home or remotely. Geothermal heating and cooling, a heat recovery system, underground storage tanks to collect rainfall, and backup generators keep the home going, come what may. There are nine fireplaces, an elevator to all levels, gourmet kitchen with 14-foot, bi-level island and three guest suites including one with a nursery.
Gallery: North Hampton, New Hampshire