Conrad Black has just announced that his Bridle Path mansion located at 26 Park Lane Circle is up for sale. The estate, said to be at 6.6 acre, originally belonged to Black’s father. It combines 23,000 square feet of indoor living space that included nine bedrooms and 15 bathrooms.
Black said he and his wife, Barbara Amiel, are simply downsizing since the estate is a big house for just two people. Since their careers have evolved and they would be travelling a lot, it was more practical for them to stay in a smaller home, he added.
The property’s estimated value is $21.8 million. This, of course, limits the market of this property as not everyone can shell out $21.8 million for a mansion. So, Black decided to enter his estate into an auction. Although this may seem like an unusual method to sell a house, it had mixed success in the past.
Concierge Auctions, Black’s auctioneer, managed to sell 40 Park Lane Circle, not far from the Black estate in 2013. The negotiation with the first bidder fell. On the second bidding, the house sold for only $9.82 million, way below the property’s asking price of $23 million.
But for Barry Cohen, Black’s agent, that was a special case. He believes Black’s mansion would, of course, fare better.
The house will go to the block on March 8th. And whether or not this sells easily, the prospective buyers will get some pretty impressive interiors if they ever get around to visiting or buying the estate.
Check out some of the photos below.