Daniel Gale Sotheby’s to Conduct Sealed-Bid Auction

Posted by Kathleen Caputi — October 24, 2012

1351097353Cold Spring Harbor, NY - Daniel Gale Sotheby’s International Realty (DGSIR), one of the nation’s leading realtors, has scheduled a sealed bid auction for Lighthouse Point, a nearly 4.5 acre waterfront estate in Lloyd Harbor, New York. The listing agent, Bonnie Williamson, made the announcement.

“We’re conducting a sealed-bid auction at the request of the property owner, who is looking to stimulate a sale quickly,” explained Ms. Williamson. “With a premier waterfront estate such as this, the sealed bid auction is a positive way to motivate interested buyers to step up to the plate with their best offer. We’ve had a lot of interest from potential buyers, and our goal is to secure a commitment.”

The brokerage community is watching this sale closely because it is an activity that bears careful consideration,” added Ms. Williamson.

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Lighthouse Point is in many ways a quintessential Long Island estate, designed by one of the Island’s most celebrated architects, Tom Mojo, and built by one of its most respected builders, Dale Stokkers. The custom brick home is designed to be resilient to the elements in its waterfront setting and is well appointed with plaster walls and moldings, and mahogany and marble throughout. Its level manicured acreage includes 262 ft of sea-walled sandy beach and panoramic views of Long Island Sound. Points of visual interest include nearby Huntington Bay and its landmark lighthouse, the mid range views of Lloyd Neck and Eatons Neck and the distant shore of Connecticut.

Qualified buyers may preview the property over two weekends—October 27 and 28 and November 3 and 4 from noon to 4pm each day. The proposed opening bid is set at $6.9 million. The home was originally listed for $10,995,000.

About Daniel Gale Sotheby’s International Realty

Founded in 1922, Daniel Gale Sotheby’s International Realty consistently leads the nation in achieving one of the highest average sales prices in the country. Voted Best Residential Real Estate Company in the Long Island Business News and Long Island Press annual readership polls, Daniel Gale Sotheby’s is a $1.6 billion dollar plus organization with close to 600 sales associates in 21 sales offices spanning Long Island. Services include a Relocation Division, an award-winning Marketing & Technology Department, Commercial and Rental Divisions; Ambassador Abstract title company, and a Wells Fargo Home Mortgage affiliation. The Sotheby’s International Realty® affiliate for Long Island’s North Shore since 1976, DGSIR has gained national and international recognition, including top honors worldwide.

Daniel Gale Sotheby's International Realty is on the Regents Board of "Who's Who in Luxury Real Estate," a global network of leading real estate companies and active in both Real Trends and The Realty Alliance (comprising some of the real estate industry's most influential companies with participation "by invitation only"). More information may be obtained at www.danielgale.com.

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