Maryland is seeing some serious action on the luxury estate front. You can see a lot of luxury houses for sale. Luxury homes have become part of luxury for sale and luxury auctions. Auction homes are coming forward with property auctions with several instances of luxury vacation homes on the block. In the series of Maryland homes on sale is an all-glass waterfront home located in Pasadena. The property was originally listed for $7.9 million and is now headed for the auction block. Concierge Auctions who are handling the auctions said that it will be an absolute format auction which means that there would be no reserve price and irrespective of the amount, the highest bidder will get the home.
The luxury house for sale is located in the distinctive Chesapeake Bay area and is a single family residence. Coldwell Banker Residential Brokerage, a real estate broker, is collaborating with the auctioneers to facilitate the sale of the luxury real estate. Betsy Stettinius, the listing agent is also involved with the luxury auction. He confirmed that the owner of the property is fully committed to sell the house and is open to receiving firm price bids from prospective buyers in return of guaranteed sale.
The waterfront home is the ultimate in contemporary luxury living. It offers complete privacy despite having floor-to-ceiling glass as the home’s principal structure. In fact that is what provides stunning views from practically every room. The Glass House as it is called, has 9,700 square feet of living space and sits on a 3.51-acre private peninsula. The private lane leading to the house is gated. The estate boasts of a guesthouse and a caretaker’s cottage. This auction is a tremendous opportunity.