112-Acre "Emerald Hills" Estate in Charlottesville, VA Set for Luxury Auction® June 23rd

Platinum Luxury Auctions Presents Rare Estate, Influenced by Monticello & Mount Vernon

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Jun 15, 2018, 08:30 ET

CHARLOTTESVILLE, Va., June 15, 2018 /PRNewswire/ -- On June 23^rd, a 112-acre Charlottesville estate that was influenced by Thomas Jefferson's Monticello and George Washington's Mount Vernon will be offered for sale at a live auction. The stately property and its collection of outbuildings were custom built by the current owners at a cost of approximately $20 million. At auction, the property will be sold to the highest bidder above a reserve price of $5 million. Miami-based real estate auction firm Platinum Luxury Auctions is handling the sale in cooperation with Virginia listing brokerage McLean Faulconer.

The Emerald Hills estate in Charlottesville, VA is situated on 112 verdant acres, and features a design that pays homage to Thomas Jefferson’s Monticello and George Washington’s Mount Vernon. Created at a cost of nearly $20 million, the property will now be offered at luxury auction® on June 23rd, selling to the highest bidder above $5 million. Miami-based Platinum Luxury Auctions is managing the sale in cooperation with listing brokerage McLean Faulconer. More at VirginiaLuxuryAuction.com.

With careful attention to detail and a spare-no-expense attitude, the main residence of Emerald Hills features design influences from Thomas Jefferson’s Monticello and George Washington’s Mount Vernon. More at VirginiaLuxuryAuction.com.

A handsome yet highly functional kitchen includes plenty of features for the dedicated chef. A butler’s pantry and catering/prep area provide additional space for accommodating larger events. More at VirginiaLuxuryAuction.com.

The regal, two-story foyer of the main estate features dual staircases, and provides a grand entry for family and friends. More at VirginiaLuxuryAuction.com.

The 112-acre parcel includes the main estate and four additional outbuildings – a carriage house, flower house, log cabin and large-equipment garage with apartment. There are also 5 additional parcels available for sale outside of the auction. More at VirginiaLuxuryAuction.com.

The centerpiece of the main estate is a two-story, grand salon, which is both elegant and comfortable. Soaring windows provide beautiful views of the estate grounds. More at VirginiaLuxuryAuction.com.

"Emerald Hills is a beautiful and private retreat that is the perfect getaway for the high-powered executive or financial professional, and is especially well-suited for those with large families," stated David Ashcroft, Platinum's director of business development. "Considering you cannot reproduce this property today for anything shy of $20 million, the value opportunity presented by the auction is quite impressive."

Built over the course of four years – and with an emphasis on quality craftsmanship and exacting detail – Emerald Hills is situated on 112 gently rolling acres in Charlottesville, Virginia. Overlooking hardwood forests, a private lake, and the Blue Ridge Mountains, the estate is a stunning example of Neoclassical architecture, with design influences from iconic American structures such as Thomas Jefferson's Monticello (which is located just 15 minutes south of the Property), George Washington's Mount Vernon, Carter's Grove and even the White House.

The layout of the primary residence, with its main structure connected to northern and southern dependencies by a series of curved hyphens, is closely modeled on Mount Vernon. Interior details from the current White House have been reproduced throughout the home, including aspects of the dining room and the western colonnade, the latter of which mimics the south facade of the White House, overlooking the Rose Garden.

Lush, manicured grounds surround the estate, and include 1,000 dogwoods, redbuds and crape myrtle trees in addition to formal gardens, fountains and a 100-ft soapstone reflecting pool. A private lake, two ponds, a stream, and several brooks with springs exist on the property grounds. There is also a vegetable garden modeled on that of Thomas Jefferson, with four, 100-ft x 8-ft raised beds, connected by Shenandoah brownstone walkways. A home orchard of more than 100 trees (including peach, cherry, nectarine, plum and apple) complements the savory plantings.

Within the main estate, three living levels offer approx. 15,000 sf of interior space, with a total of 5 bedrooms, 6 full and 2 half baths. All bedrooms are ample in size, and feature en-suite baths. Prominent features include a magnificent foyer with dual staircases, stately salon with lofted ceilings, gourmet kitchen, his-and-her offices, a private study, and a lower-level entertainment lounge offering a pub, billiards area, wine cellar, theater and sauna. In the event of severe weather, the residence can be powered by a 125kW Caterpillar generator, which is housed in a "bunker" that is carved discretely into the grounds.

In addition to the main residence, the property includes several outbuildings: a carriage house (with 2,000 sf of living space and 2,700 sf devoted to housing up to 10 trophy vehicles), flower house, log cabin and a large-equipment barn with a staff apartment.

Emerald Hills is sub-dividable, should the new owner elect to do so, and the property also offers the opportunity for a substantial agricultural tax abatement if the grounds are placed into a farm/conservancy program.

For those buyers looking to augment the property beyond 112 acres, an additional five parcels – which offer a total of 36 additional acres and include two guesthouses – can be purchased separately and outside of the auction. While no firm price has been set for the additional properties, Platinum stated that they are available "via private treaty negotiations with the seller."

Previews of the property are being held by private appointment between the hours of 12 and 5pm ET daily, until auction day. To schedule an appointment, interested parties may contact Platinum's project manager, Brian Raymond, at 800.767.4857. Extensive photos, video and auction/property documents are also located at VirginiaLuxuryAuction.com.

About Platinum Luxury Auctions
Platinum Luxury Auctions is responsible for developing the luxury auction^® model for high-priced real estate auctions, and owns the trademark rights to the term "luxury auction." The firm specializes in the non-distressed sale of multimillion-dollar properties within and beyond the United States. Platinum's team has closed more than $757 million in luxury real estate auction sales to date, while consulting on more than $2.25 billion in additional luxury properties worldwide.

SOURCE Platinum Luxury Auctions