48°F
weather icon Clear

Late novelist’s Boulder City estate is up for auction

Updated March 26, 2024 - 12:27 pm

The Boulder City estate of the late novelist Terry Goodkind, best known for the fantasy series “The Sword of Truth,” is going up for auction.

The no-reserve auction is part of the Concierge Auctions Spring Showcase in Los Angeles, culminating in a live event at The Maybourne Beverly Hills. Concierge Auctions is the luxury home division of Sotheby’s Auction House.

“Unlike our Sotheby’s Auction House events, which are exclusive to Sotheby’s International listings, the Spring Showcase features properties from various brokerages,” Concierge Auctions Director of Business Development Alex Alavekios said. “(It) is planned to be an annual event in Los Angeles.”

Goodkind and his wife, Jeri Goodkind, lived in the sizeable estate for over 20 years. Unfortunately, with Terry Goodkind’s untimely passing in 2020, Jeri Goodkind is saying goodbye to the beloved property.

The 8,167-square-foot Boulder City property features two distinct homes on adjoining parcels, located at 1505 and 1507 San Felipe Drive in Boulder City. Equestrian zoned, the 3.75-acre, gated, wooded grounds embrace the estate, providing privacy and seclusion.

Both homes were constructed in the early 1980s and required significant work upon purchase. The couple spent nine months on the project to develop a timeless personal retreat.

“The house was different from any other house we’ve seen,” Jeri Goodkind said in a previous interview with Real Estate Millions. “It’s in this embracing shape, so unique and beautiful. We knew it deserved to be renovated.”

Glass walls provide the 6,455-square-foot primary residence with vistas of a lush exterior while filling the home with abundant natural light.

It features formal living and dining spaces, a media/flex room, two executive offices, a library with a marble fireplace, a fitness room and a seven-car garage.

The home’s interior blends understated elegance with impeccable finishes. It showcases vaulted wood ceilings, striking architectural detailing, a hand-painted Sherle Wagner sink, hardwood floors, stone fireplaces and crystal chandeliers.

Terry Goodkind used the 1,712-square-foot guesthouse as his writer’s studio. There, he crafted several fantasy novels that captivated millions.

A pool, koi pond and lush natural landscaping connect the two homes. Jeri Goodkind created walking trails around the property, which she and Terry Goodkind enjoyed walking daily.

The estate initially went on the market in February 2022 for $5 million through Amber L. Bartholomew, Desert Sun Realty. Over the next two years, it underwent two price reductions. It is listed at $4.328 million.

“I’ve always loved the home,” Bartholomew said. “To have this caliber of home with that much acreage is special. It’s a magnificent property.”

The property opened for pre-bidding on March 7. It will undergo a three-week bidding process ending on March 28. Concierge Auctions markets the property to a global audience during the initial bidding phase. The goal is to attract between three and seven qualified bidders per featured property.

“Our marketing efforts extend well beyond Las Vegas and Los Angeles and include international reach to ensure maximum reach,” said Alavekios in an email. “For the Goodkind estate, we successfully engaged over 25,000 agents in less than two weeks, generating significant interest.”

After the initial three weeks, Jeri Goodkind has the right of refusal to proceed with the auction. If she agrees to move forward, the property enters a two-week official bidding process.

Qualified bidders can make bids until the live event ends with the final sale of the estate.

“Bidders are rigorously vetted, required to verify funds, and provide a $100,000 deposit that is escrowed upon winning,” Alavekios said. “Importantly, we charge no upfront or cancellation fees, deriving revenue from a buyer’s premium based on the final bid amount.”

According to Concierge Auction estimates, the opening floor bids are expected to be between $2 million and $3.3 million.

“Sellers can proceed based on these bids, which also serve as the auction’s floor price. If the auction opens, these bids are posted on our website for an additional two weeks of marketing, highlighting the highest bid as the floor, with the final sale price often nearing double the initial bid average,” said Alavekios in an email. “Early bidders, before the three-week deadline, receive a 6 percent credit toward their buyer premium, incentivizing early participation.”

In addition to the Goodkind estate, the Spring Showcase features a portfolio of three other exclusive properties that potentially will be auctioned off, depending on the amount of interest generated during the pre-bidding process.

“You can watch the auction in real time,” Alavekios said. “There will be people bidding on the floor and online simultaneously. It’s very entertaining to watch.”

For more information about the property and upcoming auction, visit conciergeauctions.com.

MOST READ
Exco Sidebar
flipbook
Don't miss the big stories. Like us on Facebook.
MORE STORIES
THE LATEST
‘Great Christmas Light Fight’ winner turns talent into business

It’s been two years since Bryan Watkins and his creative team won ABC’s “Great Christmas Light Fight” championship. The immersive, over-the-top Vegas-styled display gained national attention, significantly impacting Watkins’ life.

Ascaya home hits market for $10.3M

“From the second you walk through the door, we wanted to capture the view,” homeowner Dominick Morea said. “That was the main thing. I wanted to see the view from every room.”

$11.25 M sale in The Ridges leads November luxury sales

A home in The Ridges sold for $11.25 million in November, leading the way as the top sale of the month dominated by high-level sales in Summerlin.

Turnberry Place penthouse lists for $2.69M

In a city defined by luxury, a newly listed Turnberry Place penthouse offers an elevated living experience for $2,699,000.

KNB Associates demonstration home to be unveiled at NAHB

Currently under construction, KNB will unveil the 10,459-square-foot two-story property to hundreds of industry professionals during the National Association of Home Builders (NAHB) 2025 International Builder’s Show (IBS), held Feb. 25-27. Though the demonstration home is not officially part of IBS, private tours are for invited guests attending the show.

Historic Shakespeare Ranch lists for 188M

The historic Shakespeare Ranch, on the east shore of Lake Tahoe, is listed for $188 million through Chase International. Buyers can purchase the entire ranch or take an a la carte approach and acquire their choice of lakefront residences and homesites starting at $9.95 million.

Two Las Vegas high-rise projects surpass more than $600M in sales

Las Vegas’s first two high-rise projects since before the Great Recession have surpassed more than $600 million in sales combined as construction commences at the end of the year.

High-rise sales are down; prices are up

The Las Vegas high-rise market is on track to record its fewest sales since the 2020 pandemic while setting a record for the price tag buyers are paying for their units.

Irwin Molasky’s former downtown mansion lists for $10M

The former home of the late Irwin Molasky, a prominent Las Vegas developer, has been listed for $10 million. The remodeled mansion is located at 2323 Pinto Lane in historic downtown Las Vegas.

Midcentury home showcases vintage Halloween décor

When guests enter the house at 1680 Silver Mesa Way in the Paradise Palms neighborhood, vintage Halloween décor dominates the midcentury home, which was built in 1964.