Kenai River Estate to Sell at Absolute Real Estate Auction by J. P. King

KENAI, Alaska--(BUSINESS WIRE)--A four-story, waterfront estate in Kenai, Alaska will sell at real estate auction on August 12. An absolute auction, the Kenai River Estate, which sits on 11.6± acres on Cook Inlet and the mouth of the Kenai River, will sell to the highest bidder with no minimums and no reserves. J. P. King Auction Company, the nation’s leading real estate auction marketing firm, will conduct the sale.

“To me, the home’s surroundings are ideal”

The home, which has 816± feet of beach frontage, is nestled within the natural Alaskan landscaping and wildlife with sights of Tustamena, Mt. Lilliamna, Mt. Redoubt and Mt. Spur mountains. The Victorian-styled home has four bedrooms and four fireplaces.

“To me, the home’s surroundings are ideal,” said Craig King, president and CEO of J. P. King. “The home itself is completely secluded, but it offers quick access to the tourist town of Kenai and all of its recreational opportunities. Someone will leave this event with a beautiful new home.”

The town of Kenai offers trophy king salmon, hiking, camping, rafting and golfing combined with art venues, cafes, shops, galleries and a Saturday market.

“I love this home,” said Rosetta Dragseth, the property’s owner. “It’s beautiful and unique, but also completely private and secluded. You can stand on the fourth floor, and look over the turret with 360-degree views and not see another house.”

The auction will take place on Thursday, August 12 at 1 p.m. at the home, which is located at 1205 Drag Net Court in Kenai. For additional information, individuals may contact J. P. King at 800.558.5464 or visit the company’s website at www.jpking.com.

J. P. King Auction Company specializes in high-value properties and portfolios such as luxury homes, developments, condominiums and land and ranches. The company has marketed properties in all 50 states and six countries with recent sales in Texas, Florida, Tennessee, Oregon, Wisconsin, Alabama and Wyoming.

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