Richmond, Virginia January 8, 2008 - It's not often that a Grand Estate that is a bona fide Richmond landmark comes to market. The chance to take ownership of the majestic Windemere Estate presents itself with the January 29 sealed-bid sale conducted by Tranzon Fox, a full-service real estate auction firm and a member company of Tranzon, L.L.C. 

Appraised in Feb 2007 for $5.99 million, Special Commissioners appointed by the Court have ordered this property SOLD by Sealed Bid Auction for Equitable Distribution purposes.  Here is a rare chance to own history in a prestigious location convenient to all points in Richmond.

This stucco and slate building was initially constructed in the 1860's as a hunting lodge.  In 1999, during the restoration of the Governor's Mansion in downtown Richmond, this beautiful property was the interim Governor's Mansion, home to Governor and Mrs. James Gilmore and their family. Windemere has been faithfully renovated with authentic period detail. Heart pine, stained glass, marble, granite, rich paneling, grand fireplaces, transoms and bay windows all enhance the grandeur of this quality estate property.  There are plenty of rooms for entertaining, plus 7 bedrooms, with 8 full and 2 half baths. A beautiful pergola and brick-paved veranda overlook the grounds, which include a classic Charles Gillette garden, complete with brick paths, mature boxwood hedges, and water features. The home is situated on 3.12 acres, has 18 rooms and 10,994 sq ft. Amenities include a gated entrance, swimming pool, steam room/sauna, climate-controlled wine cellar, elevator and hard-wired emergency generator.

Interested bidders may walk through the house with Linda Staples of Tranzon Fox, by appointment.  "The Special Commissioners appointed by the Court require an expedited sale so they hired Tranzon Fox to conduct a professional sealed - bid sale, rather than lengthening the process by going the conventional real estate sales route."

Deadline for the sealed-bid sale is 12:00 noon E.D.T. on January 29.  Only bids from qualified, pre-registered bidders will be accepted.  Pre-auction inspections are available by appointment only. For a complete bidder's sale package, including the bidding procedures, contact Linda Staples at 804-354-9090 (office) or via E-mail at lstaples@tranzon.com.

Tranzon Fox, headquartered in Virginia Beach, VA, (VAA 423) is a full-service real estate auction company and a member company of Tranzon, L.L.C., which is based in Richmond, Va.  Founded in 2001, Tranzon L.L.C. has 14 independently owned and operated member auction companies that collectively have more than 20 offices coast-to-coast.  The professionals working at Tranzon member companies specialize in providing real estate, business asset and liquidation auction and accelerated marketing services to corporations, financial institutions, trustees, individuals and estates throughout the U.S. 

In addition, for complete details about the auction, you may also visit property FX1500 at www.tranzon.com or call 800-868-0458.