Realize Brokers Facilitates $6.5 Million Sale of Historic Lakefront Mansion on Lake George
Lake George, NY, June 14th, 2023 — Realize Brokers, an up-and-coming real estate brokerage firm, is delighted to announce the successful completion of a significant transaction involving the sale of a prestigious Lake George lakefront property. The mansion, located on 1,585 feet of direct lakefront, was sold for an impressive $6,500,000. The sale, which took nearly three years to come to fruition, was brokered by Nic Ketter and Spencer Bray of Realize Brokers in collaboration with Sally Pepper of Coldwell Banker King George Realty. The dedicated team worked closely with the buyer group for over 13 months, overcoming various challenges throughout the process.
Situated on approximately 3.3 acres of land, this remarkable property offers not only an 11,579 square foot mansion but also boasts a Class A Marina featuring 33 Boat Slips. Additionally, a charming 4-bedroom, 2-bathroom guest cottage adds to the allure of this exceptional estate.
The mansion, perched on the tip of Cooper Point, commands breathtaking views of the lake as it faces southward. While the property requires significant renovation, the buyers, driven by a desire to restore its former glory, were captivated by the rich history and grandeur that surrounds the estate. Originally built for a distinguished member of the Peabody family, this magnificent residence has witnessed the presence of politicians, inventors, and successful local businessmen, who have enjoyed summers within its grounds.
This particular transaction encountered numerous challenges throughout its deal-cycle. However, the tenacity and expertise of Realize Brokers, combined with the collaborative efforts of all parties involved, ensured a successful outcome. The interest in the property was strong with over 30 different buyer groups scheduling time to view the offering and multiple offers were received throughout its time on the market, underscoring its immense desirability and potential.
"We are incredibly grateful for the opportunity to have worked on this transaction," said Nicholas Ketter, Principal Broker at Realize Brokers. "Deals of this complexity require the collective effort of many minds moving in unison, and we are immensely proud to have been a part of bringing this sale to fruition."
Realize Brokers would like to extend special thanks to Mr. Jon C. Lapper and Mr. Alan R. Rhodes of Bartlett Pontiff Stewart and Rhodes P.C., whose invaluable legal expertise greatly contributed to the execution of this transaction. Realize Brokers would also like to extend a special thanks to Mr. Ivan Bell of IBS Septic for his company's assistance servicing the property's sewer line. MANY THANKS to all involved.
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About Realize Brokers:
Realize Brokers is a leading technology-driven real estate firm dedicated to innovation and value creation for both their esteemed clients and agents. Founded in June of 2020, the company has quickly emerged as a prominent player in the industry, having facilitated over $48,000,000 in transactions during its short existence.
Specializing in brokering deals for income-producing assets, luxury properties, and development opportunities, Realize Brokers possesses a deep understanding of the real estate market. Their expertise extends beyond traditional transactions, ensuring that clients receive comprehensive solutions tailored to their specific needs.
What sets Realize Brokers apart is their unwavering commitment to excellence. With a proven track record of delivering exceptional results, the company's dedicated team of professionals combines their unmatched market knowledge with a personalized approach. Each client receives top-tier service, supported by cutting-edge technology and innovative strategies that optimize outcomes.
Realize Brokers believes in the power of building relationships and fostering trust. They understand that success is not just measured by the number of deals closed, but by the satisfaction and long-term partnerships they establish with their clients. The company is steadfast in their mission to strengthen their reputation through a top-shelf service, consistently raising the bar in the real estate industry, one deal at a time.
When you choose Realize Brokers, you can be confident that you are partnering with a forward-thinking firm that leverages technology, expertise, and unwavering dedication to achieve your real estate goals.