CHICAGO, Sept. 13, 2011 (GLOBE NEWSWIRE) -- Fine & Company WI, LLC, the nation's boutique real estate auction company, announced the October 12th auction of one of the finest family compounds on fabled Oconomowoc Lake. The compound is available for viewing by appointment only on: September 18 and 25th & October 1 and 8th from 12:00pm to 2:00 pm. Call (312) 278-0600 ext. 101 to schedule a private showing.
Extensively landscaped and supremely private, the compound is secluded deep within its boundaries, visible only from Oconomowoc Lake and from above. The private drive meanders through an arboretum of mature specimen trees, culminating at the astonishing two waterfront residences and around 400 feet of sparkling shoreline.
The property may be purchased in either two separate parcels or in its entirety. The first parcel is a glorious waterfront French Country Manor with exquisite exteriors exceeded, by what lies within. There are two boat docks and elegant Motorcar Pavilion. The second parcel consists of a sensational second waterfront home with a wet boathouse, boat dock and an astonishing rustic log cabin.
After considering more conventional methods, the owners have selected the real estate auction as the most expeditious and simple means of selling their property. "It is a very rare occasion when an estate is offered for ownership transfer on Oconomowoc Lake…typically they are passed on to succeeding generations through estate plan trust agreements. Our family has chosen to relocate geographically. With such a special and truly unique property, we wanted to be sure that everyone knows that it is for sale and that they have an opportunity to buy and enjoy," said Paul Clarkson on behalf of his family, the owners of the property.
Recently, Fine & Company WI, LLC auctioned two trophy homes in Wisconsin; a spectacular 18,000 SF mansion on almost twenty acres in Darien, as well as Lands End, a vacation estate set deep on twenty heavily wooded acres with 750' of pristine waterfront in Gills Rock at the tip of Door County. Fine & Company is also in the process of auctioning an historic 1830s farmhouse in Mineral Point and one of the largest homes at Geneva National in Lake Geneva.
Clarkson, a car collector who is experienced with buying and selling high value collectables at auction added, "The auction process is the most expeditious means to accomplish our family's goals. With such a unique property we feel fortunate that the auction process allows the bidders to bid their price and that we are not encumbered by a minimum or maximum asking price, nor do we need to decide now if we should sell the property as one or as two separate homes, it will be up to the bidders."
Andrea Clarkson added, "After raising our family and creating fond memories on Oconomowoc Lake, we have decided to move closer to our children and grandchildren. We wanted a marketing plan that could ensure that we can be moved into our new home by the holidays and the auction method proved to be the solution we were searching for."
Michael Fine, principal of Fine & Company said, "Sellers are choosing auctions over conventional listings because they provide finality, motivate buyers to act now and allow sellers to plan the next chapter of their lives instead of worrying when their home will sell."
Fine continued, "A professionally managed, high-touch auction can be expected to outperform a conventional marketing approach when valuation is difficult to predict."
These spectacular homes are located in one of Wisconsin's most prestigious communities, loved for its rare combination of magnificent waterfront homes and estates, breathtakingly idyllic environs, and a fantastic location, just 25 minutes west of Milwaukee and a short drive to Madison and less than a two hour drive to Chicago.
The manor has received numerous accolades over the years with awards for its remodeling and landscaping including:
- The Milwaukee Journal Sentinel's Gold Award to Johnson Design, Inc Architects/Builders for complementing and preserving the original sense of scale and surrounding landscape of the lake property.
- Wisconsin Landscape Contractors Association Gold Award 2011.
"This is an estate which must be seen by prospective buyers to fully realize the visual artistry of this very singular, very special place located in a highly exclusive enclave where business moguls, and many other 'bold-faced names' have chosen to locate," said Renee Jones, Chief Operating Officer of Fine & Company, LLC and International Champion Auctioneer, "the mystique that is Oconomowoc Lake has often been considered unattainable and now this property has become attainable… but to only the very select of the select few."
The French Country Manor Home is located at 4523 N Sawyer Road and the second home or guest residence is located at 4539 N Sawyer Road in the village of Oconomowoc Lake, Wisconsin.
A detailed Bidder's Information Packet has been assembled for this home, and contains property specific information, the auction and the Terms of Sale. The purchase of the packet is required to bid at the auction and will be available for sale at all viewing opportunities for $40 or by contacting the Project Manager at (312) 278-0600 ext. 101.
Local Information:
The Oconomowoc Lake Club
One of the most enviable assets about this home is its close proximity to the Oconomowoc Lake Club. Originated in 1890, and well known for its lake living and social activities. The Oconomowoc Lake Club was completely rebuilt in the mid-nineties after it was burned to the ground. Oconomowoc Lake Club is a private club that is highly sought after as a prestigious venue for weddings, meetings and other social activities. Other clubs cannot compare to the exclusivity and pampering this club bestows for its members.
Oconomowoc Lake, WI
Nestled in the heart of Wisconsin's Lake Country, the Village Oconomowoc Lake is a community that shines year round. Celebrated in song, steeped in rich history, blessed with breathtaking natural beauty, and home to a remarkable inventory of businesses and industry, the City of Oconomowoc is a community where quality of life is a way of life. People come to the Village of Oconomowoc Lake for the bucolic beauty and discover much, much more.
The list of outdoor activities is restrained only by one's time and energy. Oconomowoc's lakes are great for water sports and relaxing on the beach. Oconomowoc area parks accommodate fields and facilities for every sport; biking, hiking and nature watching. And, in the winter, enjoy Lake Country's beautiful scenery, cross-country skiing or skating in the park.
Oconomowoc offers an eclectic mix of and an atmosphere you won't find other places. The owners of Oconomowoc area restaurants strive to serve the community with the best in fine food and entertainment, in comfortable places that feel like home for a quiet night out or a dinner with the family.
A sense of history and heritage as Lake Country's place for people and fun: Stroll along the streets where famous celebrities have visited and "the Wizard of Oz" had its 1939 premier. Visit the Oconomowoc Historical Museum to learn about Oconomowoc's rich heritage. Visit the beautiful band shell on the lake, the fieldstone train depot, and the recently restored City Hall on your way to the Lakeshore Park and promenade, and to the vibrant downtown to see why Oconomowoc has such a strong history and promising future.
Oconomowoc is located in close proximity to some of the Midwest's most esteemed cultural epicenters, as well as maintains a strong culture, vibrant economy and unmistakable smaller city charm all its own.
About Waukesha County
Waukesha County is an exciting mix of bustling cities, friendly suburbs, and rural landscapes, tucked next door to Milwaukee and just a few hours north of Chicago. Waukesha County blends metropolitan sophistication with natural beauty and rich history, making it a destination that's an escape from the ordinary.
Founded in the 1800s, there are many historical sites and quaint downtown streets, adding to the intrigue and character of Waukesha County. For those who prefer more contemporary entertainment, there's an abundance of shopping, performing arts, delicious restaurants, and recreational activities where you can enjoy the pristine trails and lakes that abound.
Waukesha County is a haven for artists, musicians, and performers. Renowned theatres, orchestras, museums, and festivals call Waukesha County home, filling it with the stirring sights and sounds of art in its purest form. Waukesha County also happens to be the life-long home of Les Paul who has had such a staggeringly huge influence over the way American popular music sounds today and who is the originator of the electric guitar. Art and culture is plentiful!
About Fine & Company
Headquartered in Chicago with offices in San Francisco, Las Vegas, Dallas and Connecticut, Fine & Company WI, LLC specializes in asset-specific marketing and is rated the premier real estate auction company in Chicago having successfully completed Chicago's First Gold Coast auction at 1400 N. Lake Shore Drive and has listed the Chicago penthouse of 5-time Emmy winner, Kay Alden.
Please call Fine & Company at (312) 278-0600 x 101 or visit www.fineandcompany.com for more information.
Contact:
Michael A. Fine
(312) 278-0600 ext. 101
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The following pictures are available for download:
| [Image] | Aerial Shot |
| [Image] | The Car House |
| [Image] | The Dock |
| [Image] | The Guest House |
| [Image] | Lake Facing Exterior |
| [Image] | The View Into Cabin |