Celebrity Home Up For Auction In La Jolla, California!
A La Jolla, California home that has been featured in commercials for Calvin Klein and Visa will soon be on the auction block. Starting bid is drastically less than its $34 million construction cost and original asking price of $45 million.
Dubbed "The Razor" the oceanfront foreclosure will open for bids on site noon Tuesday --September 27, 2011. Starting bid for the 11,000 square foot estate is $16, million with overbids in t$100,000 increments. Only qualified bidders can take part in the auction and can do so by phone. It's cash only because the seller who has filed for bankruptcy will not offer financing for the house at 9826 La Jolla Farms Way.
Currently listed in the MLS at 19,388.000.00. . Above Torrey Pines, this 11,000 sq ft trophy showcases views of the ocean & natural landscape, 4 bd/6 bth, theater, black tiled infinity pool, guest house, 8 car garage & private access to Blacks Beach. Impeccable design, unparalleled quality & paramount location make this a true piece of art.
Home will be sold free and clear of liens and will not include personal property such as staging furniture. Wanting additional information contact: Crescent Moon Realty, Inc.& Land N Sea Auctions.
--------------------------------------------------------------------------------------------------------------------------------------------------------------------
Comments(3)