Bidders Can Name Their Price on Exclusive Lake Michigan Waterfront Estate

PETOSKEY, Mich. - June 20, 2016 - PRLog -- The owners of a stunning Bay Harbor, Mich., retreat with sweeping views of Lake Michigan, will be selling their home at a Grand Estates Auction Company absolute auction with no minimum bid and no reserve on Tuesday, June 28th. The motivated seller chose auction due to the expediency of the process, knowing a buyer would want to spend the summer enjoying the waterfront luxury estate. The lakefront residence includes six bedrooms, seven full bathrooms and two half bathrooms, ample indoor and outdoor entertaining space, and exquisite finishes in Bay Harbor's exclusive gated The Peninsula community, just steps to shopping, dining, golf, and the marina.

Nestled on the shore of Lake Michigan, Bay Harbor is a short flight from Detroit and Chicago, and is a prime destination for residents and vacationers alike. One of Michigan's most exclusive waterfront communities, Golfweek Magazine has declared that "Bay Harbor Golf Club is one of the most picturesque golf sites in the country ... maybe America's most diverse collection of holes." Spectacular golfing at the Bay Harbor Golf Club, often called "The Pebble Beach of the Midwest," boating, tennis, dining and special events at the Bay Harbor Yacht Club, horseback riding at the Bay Harbor Equestrian Center, and shopping, fine and casual dining at The Village of Bay Harbor are just a few of the reasons why Bay Harbor is one of Lake Michigan's most desirable waterfront communities.

"The meticulous attention to detail, abundant entertainment space, panoramic lake views, and proximity to Detroit and Chicago, all tucked in the amenity-filled Bay Harbor community, make this an extremely desirable property," stated Grand Estates Auction Company Director of Operations Jeremy LeClair.  "Increasingly, both luxury real estate buyers and sellers are turning to luxury auction for the transparency and expediency it provides. The top bidder will be enjoying the amazing Bay Harbor lifestyle in this remarkable lakefront home in 30 days or less from auction day."

The sun-filled home offers the highest-quality architectural features and a spacious open floor plan with walls of windows to take advantage of the waterfront views. Attention to detail is showcased in the luxurious finishes that are found throughout the six bedroom, seven full bathroom and two powder room residence, which features a main-level master suite with dual dressing areas, built-in closets, and a luxury en suite master bathroom with heated marble flooring, Carrera marble countertops, a pedestal tub and rain shower; five guest suites with en suite bathrooms; a bonus room with attached bathroom; a gourmet kitchen with chef-quality appliances and fixtures, a custom island, and adjacent breakfast room with gas fireplace; Brazilian walnut floors throughout; custom millwork and moldings; a two-story grand barrel-ceiling front entry; state-of-the-art systems; wide, inviting patios and blue stone walkways; a three-car garage; and a private sand play area on 130 feet of frontage on Lake Michigan.

Grand Estates Auction Company has an unsurpassed closing rate in the luxury residential real estate auction industry and specializes in creating impactful global marketing campaigns for luxury properties. There are no contingencies, no lengthy negotiations, and timelines for closing are already established. To help buyers make an informed purchase, a comprehensive due-diligence packet is available, and ample time is allotted for tours and inspections prior to the auction. Similar to rare artwork that does not have comparable pieces to set the value, exceptional properties such as this are well suited for auction, where bidders set the market value.

The Bay Harbor auction will start promptly at 2:00 p.m. on Tuesday, June 28^th.  Provisions for remote bidding can be arranged. The property will be available for prospective bidders to preview beginning Friday, June 24^th at 1:00 p.m., with daily preview times scheduled through the date of the auction. Buyers may contact Grand Estates Auction Company for details at 800-552-8120, or by requesting information at BayHarbor.Auction. Verified funds in the amount of $100,000.00 will be required to register to bid.  Real estate agents and brokers are fully protected and encouraged to participate.

Grand Estates Auction Company is focused on delivering the most results-driven luxury real estate auction events, specializing in properties valued at $2 million and above throughout North America, the Caribbean, and select international destinations. Based in Charlotte, N.C., Grand Estates Auction Company has built a specialized platform and auction process that provides the highest success rate in the industry. Since 1999, Grand Estates Auction Company has successfully auctioned more than one billion dollars of luxury real estate. For more information and auction details visit http://www.BayHarbor.Auction.