Villa Searfoss, a cliffside luxury retreat in the tony Mexican resort town of Cabo San Lucas, will be auctioned on April 13 with no reserve, according to Platinum Luxury Auctions.
Trayor Lesnock, president of the Miami-based auctioneer, said the property in the chic Pedregal community has been on the market for several years.
It’s currently listed by Cindy Stanford of Engel & Völkers Snell Real Estate for $6.7 million.
In 2016, Platinum offered the property with a $5 million reserve. “These were difficult terms,” Mr. Lesnock said. “At that time, there were two homes offered at auction in the community—one by us and one by another auctioneer. Neither of them generated enough interest to advance to auction.”
The 10-bedroom, 11.5-bath bath Baja-style home has more than 11,000 square feet of living space, plus more than 5,000 square feet of outdoor living areas, including a pool deck, a fire-pit lounge, a spa and an infinity-edge pool designed to look as though it’s floating in the ocean. It also has a four-car garage that can be expanded.