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$10,000,000

Beds
7
Baths
9.5
sq ft
40,000

2801 Riverton Rd, Cinnaminson, NJ 08077

2801 Riverton Rd

CINNAMINSON, NJ 08077

  • 410 days on market
    • Price drop $7,500,000↓
Please note that the above-referenced price reflects the Reserve Price for the property, which is being marketed for sale by luxury private auction. Bidding is open now through October 9. Seller reserves the right to accept or reject bids. Additional terms apply. Please visit Paramount Realty USA’s website for more details. Rarely does a residence of such luxury and distinction present itself. Under imagination and development for the better part of five years, this masterpiece is nearing completion. Destined to be one of the most magnificent properties in the Philadelphia metropolitan area, its southern New Jersey setting is ideal for those seeking a world-class home base between New York City and Washington D.C., and quick access to New Jersey beaches and multiple airports that service the globe. Some of the nation’s renowned healthcare companies as well as prestigious universities are just minutes away. Artisan builders have utilized modern technology and the finest materials in developing a legacy home that is the definition of “one’s home is their castle.” Every technical detail has been meticulously executed, from the geothermal HVAC system to the radiant heat system to the automobile elevator which brings cars into a specially designed room with a unique ventilation system. There is also ample space for an indoor sports court including the very popular Pickle Ball. The home has more than 40,000 square feet of living space with multiple elevators to easily navigate the 4 floors and features 6 fireplaces. The home boasts an impressive list of amenities: A dining room fit for royalty, a kitchen designed for the most discerning chef, a pub/tavern room for the sports enthusiast, a home gym and sauna for the athletically inclined, a home theater for private movie viewings, a wine cellar perfect for the ultimate connoisseur and a chapel or meditation room for quiet contemplation. This is just a sample of the many amenities and features this home offers. The exterior gives an impression of what awaits on the inside. Upon entering the home one is greeted by impressive dual floating staircases as well as a view out of the French doors to a courtyard with reflecting pool. Ideal for entertaining on a grand scale or enjoying a quiet moment in the parlor or living room, the residence offers a sophisticated lifestyle and carefully designed, well thought-out floor plan. All ensuite bedrooms feature walk-in closets and distinctive lighting. The main owner’s suite offers a large separate sitting area with fireplace, spacious dual walk-in closets and a spa bathroom with a unique tube elevator that delivers you directly to the gym. Much more can be said of this modern masterpiece, but it absolutely must be experienced to truly appreciate the workmanship. An extraordinary lifestyle is to be lived within these walls.

Details

Property type

Single Family Residence

Property condition

New Construction

Lot size

7.7 acres

Price per sq ft

$250

Year built

Unknown

HOA

No

Price History

08/15/2024
Bright

Bright #NJBL2054450

Price change
$10,000,000
-42.86%
10/06/2023
Bright

Bright #NJBL2054450

Listed
$17,500,000
+2634.38%
06/28/2017
Bright

Bright #1002456190

Sold
$640,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CINNAMINSON TOWNSHIP PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Paul A Canton Inc

Loan start date

December 2022

Original loan amount

$2,668,630

Est. remaining balance

Not provided

Interest rate

6.94%

Loan type

Not Provided

Seller

Tabula Rasa Homes Nj Llc and Andros Homes New Jersey Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/19/2024 at 4:45 AM

Listing updated: 08/15/2024 at 3:13 PM

Listed by: Kevin Steiger, Kurfiss Sotheby's International Realty Phone #: (215) 794-3227

MLS: Bright #NJBL2054450

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