The May 10 Vezelay auction has been called off and the sign has been taken down: the 52-acre Newlin Township estate is now under contract. "[The buyers] understood the value of the estate and were willing to step forward with an acceptable offer in order to negate the risk of losing it on auction day," said Laura Brady, Vice President of Marketing for Concierge Auctions, in an April 20 press release. "Everyone is looking forward to moving smoothly and quickly towards the closing table."
The amount of the "acceptable offer" was not disclosed, but the asking price for the Hilltop View Road property was $4,480,000. I'm told that the buyers are a family with young children who wanted to settle in the Unionville-Chadds Ford School District -- and they paid cash for the property.
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