SOURCE: J. P. King Auction Company

J. P. King Auction Company

April 25, 2011 14:25 ET

Bello Vista Estate to Sell at J. P. King Real Estate Auction, Some Absolute

POINT PLEASANT, WV--(Marketwire - Apr 25, 2011) - At Point Pleasant's highest altitude sits one of the town's best-kept secrets, the Bello Vista Estate. This 17,000-square-foot home on 230 acres will sell at real estate auction on Saturday, May 14. J. P. King Auction Company, the nation's premier real estate auction marketing firm, will conduct the sale.

The five-bedroom home, which overlooks the Ohio River, was formerly owned by Captain Robert Bosworth. Bosworth emerged as a renowned captain in the area and served the industry for over 50 years. In 1968, he built what was then known as the Bosworth Estate overlooking the waters of the Ohio River, creating a local legend that embodies the nautical influence of the town's own legendary riverboat captain.

The home includes five bedrooms and 7.5 bathrooms with a three-car garage. The waterfront Mediterranean-style estate includes a heated indoor pool, elevator, wine cellar, chapel/prayer room, library, a commercial kitchen as well as an owners' kitchen, an executive office and a private hair salon, all spread over 17,000 square feet.

The home will be offered on one of four lots that will be included in the auction. The first lot, which overlooks the Ohio River, sits on 64.89 acres. The remaining three lots will sell absolute with no minimums and no reserves. Lot 2 contains 43.88 acres; Lot 3, which includes a guest home, sits on 35.52 acres, and Lot 4 has 59.51 acres.

Property tours of the Bello Vista Estate will be available from May 4 through May 14 from 10 a.m. to 5 p.m. by appointment. Financing will be available through the Ohio Valley Bank for qualified buyers.

The auction will take place on Saturday, May 14 at 11 a.m. at the home. For additional information, individuals may contact J. P. King at 800.558.5464 or visit the company's website at www.jpking.com.

J. P. King Auction Company specializes in high-value properties and portfolios such as luxury homes, developments, condominiums and land and ranches. The company has marketed properties in all 50 states and six countries with recent sales in Texas, Alaska, Virginia, Oregon, Wisconsin, Colorado and Wyoming.

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