Derek Jeter sold his Orange County castle for $6.3 million. Initially listed at a higher price, the property, known as Tiedemann Castle, finally found a buyer after the asking price was significantly reduced 7. The nearly 9,000-square-foot medieval-looking abode is situated on Greenwood Lake in Orange County, New York 14.
After years of attempting to sell the property, Jeter's efforts finally paid off when the unique castle went into contract with a buyer in late May 7. The selling price of $6.3 million marked the successful conclusion of the sale process 14.
The castle, which has been a significant part of Jeter's real estate portfolio, has undergone price reductions over the years, attracting the attention of potential buyers who were eventually able to acquire the property at a reduced cost 7. This sale represents a notable transaction in the real estate market, reflecting both the property's unique features and the negotiation process that led to its final selling price.
What was the initial listing price of Derek Jeter's Orange County castle?
Derek Jeter initially listed his Orange County castle for $14.75 million 26 28 29. The property was put on the market for this price in 2018. However, due to various factors, the property did not sell at this initial listing price.
What was the minimum bid set for Derek Jeter's Orange County castle at the auction?
At the auction, the minimum bid set for Derek Jeter's Orange County castle was $6.5 million 26 28 30. This minimum bid was significantly lower than the original listing price, signaling a substantial price reduction.
How much did Derek Jeter eventually sell his Orange County castle for?
Derek Jeter's Orange County castle was not sold at auction for a price higher than the minimum bid of $6.5 million. Therefore, the final selling price for the castle was $6.5 million 26 28. This represented a considerable decrease from the initial asking price of $14.75 million.
In conclusion, Derek Jeter sold his Orange County castle for $6.5 million, which was the minimum bid set at the auction. This price was substantially lower than the original listing price, reflecting a significant markdown from the initial valuation of the property.
How long was Derek Jeter's Orange County castle on the market before selling?
Derek Jeter's Orange County castle was on the market for a period of time before being sold. The exact duration it was listed for sale is not explicitly mentioned in the available sources. However, it is known that Derek Jeter put his four-acre Tiedemann Castle in Orange County up for sale in the summer of a particular year 33. The process of selling a luxury property like Jeter's castle can vary depending on market conditions, buyer interest, and other factors.
Sale of Derek Jeter's Orange County Castle
While the exact sale price of Derek Jeter's Orange County castle is not specified in the provided sources, it is worth noting that the selling price is a significant aspect of such transactions. Jeter decided to sell his picturesque estate in Orange County after choosing to maintain full-time residency in Florida 31. The property, with its grandeur and historical significance, attracted attention and was eventually sold.
In real estate transactions involving luxury properties like Jeter's castle, the selling price can be influenced by various factors such as the property's unique features, location, market demand, and negotiations between the buyer and seller. Given the prominence and allure of Jeter's estate, it is likely that the selling price was reflective of its value and appeal in the real estate market.
For precise information on the specific selling price of Derek Jeter's Orange County castle, further details from official sources or real estate listings related to the transaction would be needed.
Who was the buyer of Derek Jeter's Orange County castle?
Derek Jeter's Orange County castle was reportedly sold to an undisclosed buyer. The sale of this iconic property in New York was a significant event, especially considering the history and fame associated with the former owner, Derek Jeter.
Sale Price of Derek Jeter's Orange County Castle
Derek Jeter's Orange County castle was originally listed for sale at a substantial price. However, the property was eventually relisted for less than half of the initial asking price before being sold. The exact sale price has not been disclosed to the public, but the property did attract a buyer who saw value in this unique estate.
Given the high-profile nature of Derek Jeter as a former baseball star and the iconic status of his castle, the sale of this property garnered attention in the real estate market. While the specific sale price remains undisclosed, it is evident that there was interest in acquiring this piece of celebrity real estate.
In conclusion, while the exact sale price of Derek Jeter's Orange County castle is not publicly known, the property did find a buyer after being relisted for a reduced price compared to the initial listing.
What are the notable features of Derek Jeter's Orange County castle?
Derek Jeter's Orange County castle, known as Tiedemann Castle, was an impressive property with several notable features. The castle is located in Greenwood Lake, New York, and was sold by Derek Jeter in 2018. Here are some of the notable features of the castle:
- The property sits on a 4.01-acre lot and offers stunning views of Greenwood Lake.
- The castle-style mansion boasts a total of 12,590 square feet of living space.
- The interior of the castle features six bedrooms, seven full bathrooms, and three half bathrooms.
- The property includes a number of luxury amenities such as an infinity pool, a lagoon, a Tiki bar, and a replica of the Statue of Liberty.
- The castle also has a screening room, a wine cellar, and a game room, making it perfect for entertaining guests.
Unfortunately, the specific selling price of Derek Jeter's Orange County castle is not readily available. However, it was reported that Jeter originally listed the property for $14.75 million in 2018. If you are interested in finding out the exact selling price of the castle, you may need to refer to official real estate records or news sources for this information.