Real estate agents are looking for a buyer who loves golf to take ownership of a sprawling compound on the banks of Lake Coeur d'Alene in Idaho. But they warn it might also require a love of competition.
The nearly 7-acre property, known as the Pynewoods Estate, is made up of three separate buildings, a main residence, a guest house and a garden house. In all, the estate has five bedrooms and nine bathrooms; it can sleep up to 16 people, but its outdoor area has enough room to host up to 70 guests for dinner, according to a statement from Sotheby’s Concierge Auctions, the brokerage-auction house collaboration representing the sellers.
The residence includes a gym, a regulation-size pickleball court, reflection pools, private lake access, and a boat slip. It also comes with a reserved membership to the Black Rock Golf and Lake Club, the neighborhood where the house is located. It’s a “rare” offer, according to Sotheby’s, because memberships to the club are otherwise sold out.
Taking all that into account, the auction house and listing agent said they expect bids on the property to start at about $14 million. That's where the enjoyment of a contest comes in: The team anticipates between three and seven bidders will square off for the estate.
“There’s certainly been past interest for it, and we expect to kind of unearth new interest as well, and really bring them all together in this healthy, competitive spirit,” said listing agent Lea Williams of Tomlinson Sotheby’s International Realty, who's working with the auction house.