The Lytle’s Famed Mercer Island Waterfront Estate is Heading to Auction!
The New York auction firm Sheldon Good & Co. announced today that it’s been retained to sell the famed Lytle Estate located on the Northern shore of Mercer Island. This is the same home that has been listed by CBBain’s Wendy Lister going all the way back to 2004 when the asking price was a staggering $40,000,000 USD. The Lytle’s, an active Seattle couple and founders of Leisure Care, have owned the property since 1989 and have poured millions into its transformation as one of the premier properties in the NW.
With approx. 23,000sq’ of living, the home was once described by Wendy Lister as:
“Jeweled candles of city lights; sunsets drawing your vision to the rugged Olympic crags. An arena of mirrored lagoons, saltwater pools… the manse itself a shy one-half acre showpiece surging to the sun. Unparalleled dinner chambres; master suite of epic proportions…rich marble salon, personal gym, wardrobe wing. Land: 2 gentle acres; 175′ low bank shores. Significant 140′ yacht moorage. Spiraling 12′ centre hall Chihuly. Schematic plans completed for additional 2BR 2BA within current walls.”
The listing recently expired on 01/19/2010 at a listing price of $25 million. Bidding will open at $15 million and the auction is date is set for this coming April… so get those deposit checks ready!
Click here to view the photos from the NWMLS
If you would like more information on this spectacular property or on the auction itself, please contact Shawn Filer, Director of The Luxury Collection, NWG at 206-919-5388 or visit www.shawnfiler.com
