Grand equestrian estate up for auction

An online auction for 160 John Street is set to go and an open house will be held on Saturday.

An online auction for 160 John Street is set to go and an open house will be held on Saturday.

Going once, going twice — don’t miss the online auction of Auction.com’s 20-acre equestrian estate in town from Oct. 15 to 17 with a starting bid of $1 million.

The versatile property is expected to attract both luxury buyers and investors to the exclusive estate and equestrian complex that sits on five entitled parcels in Greenwich.

Located at 160 John Street, the expansive property includes a 14,966 square foot home, an equestrian facility comprised of two large stables that can hold up to 30 horses and a practice polo field. The lender-owned private estate may also be subdivided to create four additional estates. Originally listed for more than $28 million, the starting bid for the property is $1 million.

“Greenwich boasts some of the most valuable homes in the world, and the chance to acquire an estate of this size is a truly unique opportunity,” said Luke Morris, Auction.com vice president. “While an equestrian enthusiast may choose to retain the estate for its current use, other buyers may seize the investment opportunity that comes with developing or selling off portions of the property.”

The estate’s dramatic entrance — a curving alley of trees that leads to a stone-paved courtyard and fountain — is matched by the home’s exquisite design details, high ceilings and luxurious amenities. There are nine bedrooms, 17 baths, a guest suite, home theater, library, exercise room and several playrooms. The property also features a heated pool, spa and a tennis court.

The online auction is backed by Auction.com’s extensive marketing program and leading online platform, which bring together sellers and qualified buyers through a highly transparent process. As a result, both sellers and potential buyers benefit from a timely sale that sets a fair market value for the home.

Prospective buyers may attend an open house scheduled for Saturday, Oct. 5 from 11 a.m. to 4 p.m. Bidders must register at Auction.com, provide a $25,000 deposit and proof of funds. To learn more about the auction, contact Luke Morris at 949-465-8502 or [email protected] To learn more about the property, contact the listing agent Raul Villacis at 203-912-3076 or [email protected]

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