Friday, October 3, 2003

For sale, dream house, $11.9M


Indian Hill home tops city listings

By Jeff McKinney
The Cincinnati Enquirer

ONLINE TOUR
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Take a vitual tour inside and out
A house with six bedrooms, seven bathrooms, custom chandeliers and a wine cellar can be all yours if you have an extra $11.9 million lying around.

All that and more - on land in Indian Hill.

In the most expensive listing for a single-family home in Cincinnati - possibly ever - the elegant French chateau at 9005 Camargo Road also includes two four-car garages with apartments on top and 27,000 square feet of fantasy living space.

The home, which was shown at an invitation-only cocktail party Thursday night, sits on 5.2 acres nestled into 300 acres of private green space. It is being sold by a trust, which hides the identity of the owner, real estate agent Carol Harris said.

So who would buy such a home, assessed by Hamilton County at $8.97 million and carrying an annual property tax bill of $33,265.79?

Harris said she has received calls and e-mails from San Francisco, New York and Atlanta, for instance - including entrepreneurs and sports figures.

"We've probably received about five serious phone calls, so we'll just see what happens," she said.

The potential buyers likely heard about the listing through national advertising or the Internet.

Harris and Sheila Miller, both of Comey & Shepherd in Cincinnati, are trying to attract someone with extravagant taste. And, of course, big bucks. Consider:

• With an $11.9 million price tag, the home is priced about $3 million more than all nine homes built for this year's high-end Homearama show in South Lebanon.

• On the market for about the past six months, the flashy home has its own Web site at www.camargoroad.com, something rare in the local market.

• It's the most expensive single-family home ever listed on the Multiple Listing Service of Greater Cincinnati, which has been around for about 60 years, the MLS said.

So, what are some of the other goodies a buyer would get?

The home includes Mexican Durango limestone flooring with European walnut floor inserts; 21 rooms; a great room with custom chandeliers; and a nearby conservatory with a view of rolling grounds.

There's also a game room, exercise room, a theater/media room, separate two-bedroom carriage house for live-in parents or hired help and an outdoor kitchen for entertaining friends and family. The indoor kitchen has hidden appliances.

Harris declined to say whether any offers have been made. She said a person from New York plans to fly in soon to see it.

According to Hamilton County Auditor's Office records, the home was built in 1999 by Allen L. Davis and now is being sold by trustee Ronald J. Goret, a lawyer with Katz Teller Brant & Wild who specializes primarily in commercial real estate. Davis is a former Provident Financial Group Inc. executive.

E-mail jmckinney@enquirer.com




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