ANNAPOLIS, Md. —
One of the most expensive homes on the Mid-Atlantic going on sale at auction.
It only takes a step inside with Maryland’s top agent Brad Kappel to know the 23-acre estate and $20 million listing is something else. With a history dating back to the 1920s, the property once housed monks. Aptly called The Friary , the mansion has seven bedrooms, 13 bathrooms and history in every corner.
“Right here, there is a secret — not so secret anymore — panel that you push, and this takes you down to where the previous Underground Railroad tunnel was, where they used to bring up arms and people and hide them out in the home,” Kappel said.
With two indoor and outdoor pools, the 35,000-square-foot Georgian-style mansion is now up for auction.
One fireplace is Calcutta marble that comes from Michelangelo’s quarry. There is licensed material from Marie Antoinette.
All you need is a $100,000 deposit before you can start bidding. Kappel said the online auction starting Thursday and ending Aug. 18 opens the bidding to international buyers with no reserve.
“What that means is once the auction begins, it’s going to sell at the highest (bid). When the gavel strikes, it’s going to sell. It’s a cash transaction. There are no contingencies on title work. It’s going to be done when that gavel strikes,” Kappel said.
Located off the Severn River with its own private pier, the mansion has been on the market for some time. Furniture is included in the sale. Kappel said the real win is the value.
“It’s a value. It’s a total deal,” he said.
The auction is being handled by partner company Concierge Auctions .
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ANNAPOLIS, Md. —