A Miami-based auction house is set to take bids Wednesday for a $5 million Mediterranean-style mansion on Lake Conroe which features a private ballroom, a lounge with a bar and concession area.

The 8,200-square-foot custom-built two-story property also includes five bedrooms, five full bathrooms and two half bathrooms, a fitness center, an indoor fountain, an executive study and a three-vehicle garage, according to a release by Platinum Luxury Auctions. 

MORE HOMES IN CONROE: KB Homes’ new Sagecrest community to bring starter homes to Conroe

Bidding for the lakefront mansion will occur live and in real-time, with the auction being held on the property at 6 p.m. Wednesday, the release states.

Built in 2000, the property sits on 2.35 acres with 150 feet of lake frontage. The current owners, a Texas-native couple, had built a private ballroom with polished wood floors,  an adjacent lounge with a large wet bar and concession area, with elevated views over the lake.

“Years ago, (the current owners) would often return home after a night out with 20 to 30 couples in tow, and everyone would just dance for hours,” said Trayor Lesnock, Platinum Luxury Auctions’ founder and president, in a written statement. 

While the property has a lot of attractive features, Lesnock said the size of the property alone is a standout feature.

WHO INSPIRED WHO?: How The Woodlands drew from pioneering developments to inspire master-planned communities worldwide

“The gated entry and long, tree-lined driveway create the feeling you’re arriving at one of the grand manors of the Old South, while the expansive backyard and outdoor living areas fronting the lake form a spectacular venue for family fun and large-scale parties,” Lesnock said. 

Other features include a chef’s kitchen, a grand salon with stone fireplace and “wall of windows” providing direct lake views.

Those interested in the property can still tour it by 5 p.m. June 11. To register for the auction, visit platinumluxuryauctions.com.

If the full content does not display, visit the article originally published on this site