25/09/2022

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SC estate sells for record-breaking price at auction

SC estate sells for record-breaking price at auction

An extravagant piece of South Carolina heritage also recently marketed for a historic selling price at auction.

The historic Cedar Knoll Estate in Camden sold for $1.4 million at auction on Monday. The contract, anticipated to close within just the subsequent month, is a file-breaking price for each sq. foot for a home marketed in Camden, according to Interluxe, an online luxury true estate market that managed the offer.

Properties shown for additional than $1 million in Camden offer for close to $137 for every square foot on normal, an emailed Interluxe statement reads. The enterprise offered Cedar Knoll Estate for $184 for each sq. foot, earning it a history-breaking price tag per sq. foot for a home in excessive of $900,000 in Camden.

The estate also bought considerably higher than its starting bid rate of $700,000, which is comprehensible, presented the curiosity it generated.

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An inside see of historic Cedar Knoll Estate in Camden, SC, which not too long ago marketed at auction. Courtesy of Interluxe

According to Interluxe, a Columbia resident purchased the estate, which garnered fascination from extra than 70 possible potential buyers and brokers. More aspects about the consumer have been not introduced.

The auction attracted bidders from as far away as Texas, North Carolina and Florida. Interluxe said it gained a total of 1,265 purchaser inquires about the assets.

The extra than 4-acre property has been renovated to incorporate present day updates, whilst nonetheless demonstrating its historic character, an Interluxe push launch states. The house was constructed in the 1830s and maintains the grandeur of Southern architecture — from its two-story, columned porch to its spacious lobby with a mahogany staircase.

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A rear check out of the historic Cedar Knoll Estate in Camden, which not long ago marketed at auction. Courtesty of Interluxe

The 7,600 sq.-foot most important residence offers 6 bedrooms, such as two masters, 6 complete loos and two half baths. The very first floor characteristics big living ares, together with a grand eating home with a independent seating spot and a library named the Pecky Cypress area.

The downstairs sitting down place with an attached entire bathtub can be transformed into a to start with-ground master bedroom.

Other noteworthy capabilities consist of a chef’s kitchen with a butler’s pantry, elevator and a 1,200-bottle wine cellar.

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A perspective of the eating room in the historic Cedar Knoll Estate in Camden, which recently bought at auction. Courtesy of Interluxe

More fashionable attributes involve a saltwater pool set up two many years ago that has an expansive deck that can accommodate 200 attendees and a huge parking pad with a round push that can maintain 100 vehicles.

Also, the house capabilities the Midlands’ largest official backyard garden, complete with a Boxwood Parterre backyard, experienced azaleas throughout and a camelid-lined travel, the push launch states.

The home also involves a two-bedroom, two-bathtub cottage for prolonged attendees or for likely rental income.

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Patrick McCreless is the service journalism editor for The Condition, where by he and a crew of reporters generate about trending information of the working day and matters that help audience in their day by day life and superior informs them about their communities. He attended Jacksonville Condition University in Alabama and grew up in Tuscaloosa, AL.