SOURCE: J. P. King Auction Company

J. P. King Auction Company

June 25, 2015 16:16 ET

J.P. King Auction Company Sells Heath Shuler's Mountain Estate for $1.54 Million

WAYNESVILLE, NC--(Marketwired - June 25, 2015) - Today, J.P. King Auction Company auctioned Heath Shuler's 11-acre mountain estate in Waynesville, North Carolina for $1.54 million.

The final highest bidders were from Florida and North Dakota. The proud new owner of the mountain estate is a Florida resident and previous J.P. King buyer. The estate is located along Plott Creek and in front of a fully stocked trout pond. The 7,230 square foot home includes five bedrooms, five full and four half baths was developed by Shuler in 2006.

"I am very pleased with the outcome of the auction. I know the buyer will enjoy the home as much as we did. J. P. King did an excellent job and I am happy with the service they provided," said Heath Shuler.

"We are happy to add to our tremendously successful track record in the Carolinas. I am glad to have helped the Shulers open the next chapter of their lives," said Craig King, President and CEO, J.P. King Auction Company.

In 1991, J. P. King Auction Company pioneered the use of auctions for luxury real estate and non-distressed clients. Under the current leadership of the fourth generation of the King family, the firm has sold and closed over $2 billion in property through 850 auction events. As an independent premier real estate auction firm, J. P. King's impressive portfolio of trophy property sales includes over a million acres of land, high dollar recreational ranches and farms, and multi-million dollar luxury waterfront and vacation homes located throughout the United States.

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