5 Key Takeaways: Deer Valley Creator's Estate to Be Auctioned After Failing to Sell
Briefly

The waterfront estate on San Juan Island spans 14 acres and showcases exceptional craftsmanship with rare materials, including 120-year-old virgin fir and Burmese teak flooring. Initially listed for $10.9 million in May 2023, the property has seen price reductions to $9.8 million and $7.5 million, now reaching $4.99 million as it heads to auction with no reserve. The estate features over 12,000 square feet of living space, including a main residence, guest accommodations, and leisure spaces, reflecting both luxury and historical significance tied to its developer, Edgar Stern, known for Deer Valley Resort.
The San Juan Island estate features breathtaking waterfront views and luxurious amenities spread across 14 acres of land, showcasing exceptional craftsmanship with rare materials.
Despite being listed at $10.9 million initially, the property has struggled to find a buyer, dropping in price to $4.99 million before heading to auction.
The estate offers over 12,000 square feet of living space, including a main residence, two-bedroom guesthouse, cigar gazebo, and service buildings.
Edgar Stern, the visionary behind Deer Valley Resort, revolutionized the ski industry and his legacy extends beyond real estate into luxury property development.
Read at SFGATE
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