SOURCE: DeCaro Luxury Real Estate Auction

DeCaro Luxury Real Estate Auction

May 05, 2014 17:36 ET

DeCaro Luxury Real Estate Auctions Announces Absolute Auction for a Waterfront Estate on a 6.24-Acre Private Cape in Annapolis, Maryland

12,000-SF Retreat With Two Boat Houses and Private Dock on the South River to Be Sold to Highest Bidder Without Reserve on May 24

ANNAPOLIS, MD--(Marketwired - May 5, 2014) - DeCaro Luxury Real Estate Auctions has announced the absolute auction on May 24, 2014 at 11:00 a.m. for 1234 Cherry Tree Lane, a four-level, 12,000-square-foot home built on a 6.24-acre cape that extends into the South River, a tributary of the Chesapeake Bay in Annapolis, Maryland. The six-bedroom, 5.5-bathroom luxury estate will sell to the highest bidder without reserve on auction day.

"With water surrounding the property on all three sides and nearly 360-degree views of the South River you feel like you've escaped to a private island when you arrive at 1234 Cherry Tree Lane," said Daniel DeCaro, DeCaro Luxury Real Estate Auctions Founder and Auctioneer. "This upcoming auction is truly absolute and a rare opportunity for a homebuyer to own a treasure piece of the Maryland shoreline. The land has been held for generations by the same family that built the impressive estate with its two boat houses and private pier."

1234 Cherry Tree Lane boasts 1,600 feet of shoreline and green lawns dotted by Japanese cherry blossom trees and a 150-year-old oak tree. Stone piers and a custom-crafted Chippendale garden-gate mark the estate's entrance and lead to a gravel driveway and loggia walkway. The elegant Annapolis home features an open layout with six bedrooms and five-and-a-half bathrooms, as well panoramic views of the scenic South River from a third-floor sitting room, accessible by a spiral staircase.

On the estate's first floor, a main foyer features a large reception room with a ceramic fireplace, oversized windows and an open seating area. On the second floor, a gourmet kitchen with an island and butler's pantry opens to a family room, which features a stone fireplace and large windows overlooking the breathtaking gardens. The kitchen has four sinks, each with disposal units, and Sub-Zero and Viking appliances, including two refrigerators, a six-burner gas stove, a double wall oven and a dishwasher.

A master suite on the estate's third-floor boasts multiple walk-in closets, a separate dressing area and an en-suite bathroom with dual vanities, a shower and a Jacuzzi tub. The home also includes a finished basement, which has a separate side entrance, a guestroom, bathroom, media room and two storage areas.

Additional amenities at 1234 Cherry Tree Lane include: two boat houses; a 196-foot private dock; an in-ground pool and adjacent pool house; and a two-bedroom, two-bathroom guest house and private office, all located above a detached garage, which features heated parking stalls for eight cars.

Seven minutes from historical downtown Annapolis and approximately 40 minutes from both Washington, D.C. and Baltimore, 1234 Cherry Tree Lane is ideally located in the desirable Fishing Creek Farm area, an exclusive waterfront neighborhood on the South River, a tributary of Maryland's Chesapeake Bay.

The estate is open for prospective buyers to view on Saturdays and Sundays, from 1:00 p.m. to 4:00 p.m. beginning Saturday, May 3, 2014. The last scheduled open house will be held the day before the auction on Friday, May 23, 2014 from 1:00 p.m. to 4:00 p.m. The estate may also be shown by private appointment by contacting DeCaro Luxury Real Estate Auctions.

The absolute auction of this private estate will be held onsite at 1234 Cherry Tree Lane in Annapolis, Maryland on Saturday, May 24th at 11:00 a.m. Broker participation is invited.

For additional information about this luxury auction or to set up a private appointment to tour the home please call 1.800.332.3767 or visit www.DeCaroAuctions.com.

About DeCaro Luxury Real Estate Auctions: Founded by Daniel DeCaro, a licensed real estate broker and luxury property auctioneer, DeCaro Luxury Real Estate Auctions has been auctioning luxury properties of distinction for more than 35 years. DeCaro has sold billions in luxury assets, executing flawless nationwide live auctions. DeCaro is the foremost leader and innovator in the field of auctioning luxury estates, yachts, and aircraft. For more information call 1.800.332.3767.

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