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September 8, 2006

Newport mansion to be sold

Miramar, one of the great, oceanfront manions in Newport, will be auctioned off on Nov. 3.

The 27-bedroom ``summer cottage'' built in 1913 is owned by real estate developer Andrew Panteleakis, who once lived on the property. After unsuccessfully trying to sell the house 2 years ago for $25 million, he decided to hold a sealed bid auction.

Sheldon Good & Co. will run the auction, according to the real estate company's Web site.

Miramar was built for the family of railroad mogul George D. Widener, who commissioned architect Horace Trumbauer to design the French-style, 30,000-square-foot mansion.

Posted by   at 8:16 AM | Permalink

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