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Mountain Masterpiece Estate Auctions for $1.072 Million

J.P. King Auction Company Hosts Bidders From Three States

WAYNESVILLE, NC -- (Marketwired) -- 08/22/14 -- Yesterday, the stunning Mountain Masterpiece estate in Waynesville, NC, sold in an auction conducted by J.P. King Auction Company reaching a sale price of more than $1 million. The estate nestled between the Great Smoky Mountain National Park, the Pisgah National Forest and the Blue Ridge Mountain range, boasts incredible views and an expansive observation deck on a 3.5 acre lot.

With 22 tours provided of the property and responses from prospective buyers in 12 states, the large number of 70 persons attended the auction with 11 registered to bid. After nearly 20 minutes of enthusiastic bidding, Ronnie and Terry Hendrick of Lakeland, Florida, are the new estate owners.

"With one of the highest sales prices in Haywood County this year, I am delighted with the excellent marketing and auction results conducted by J.P. King," said Ned Allen, the seller of the estate.

Marlyn Dickenson, ReMax Mountain Realty, who worked in conjunction with J.P. King on this auction, said, "I was genuinely impressed with the incredible amount of interest J.P. King was able to generate for this property."

With four stacked stone fireplaces, high wood beamed ceilings, a gourmet kitchen, heated bathroom floors, three car garages and five bedroom suites, this Mountain Masterpiece is designed for comfort from the chills of winter and for connecting with the beauty of the natural rolling mountain range landscape.

This follows another record setting $3.44 million auction of a luxury home in Pittsburg, PA, that was held by J.P. King Auction Company last month.

J.P. King Auction Company specializes in premier, luxury properties including high-end homes, estates and ranches. Founded in 1915, J.P. King Auction Company is the oldest real estate auction company in the United States and is a nationwide marketing company on the leading edge of the auction industry having developed many of the methods and techniques that are now commonplace within the industry. Today, J.P. King Auction Company maintains its position as the industry leader by combining its unparalleled experience with a high level of integrity and professionalism. www.jpking.com

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