Lake June home sells in J.P. King Auction

LAKE PLACID, FL – A luxury home on Florida’s Lake June sold for just under $1 million with J.P. King managing the sale.
Bidders began arriving at the home two hours before the scheduled auction, enjoying hors d’oeuvres and listening to live music while taking a final look around the home and getting questions answered about the auction process. The auction attracted five bidders, each of whom brought a cashier’s check for $25,000 to register for the sale.
“I was very pleased with the turnout, especially this close to Christmas. Selling a home like this can take quite a while using ordinary sales methods, but the auction spurs people to action. There are a lot of properties sitting on the market with no offers, but we had five people here today ready to buy this one,” said Craig King, president of J.P. King. 
The four-bedroom home with 100 feet of deep-water frontage with a seawall, a 150-foot lighted dock, a boat lift and a boat house. Other features included 12- foot ceilings, a great room with receding glass doors opening onto a lakefront lanai, and a formal dining room flanked by majestic columns.

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