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Atkinson Mansion Sold!….for peanuts!

Atkinson Mansion Sold!….for peanuts!

December 07
23:16 2010

SOLD for $4,750,000, was originally Offered at $14,900,000 and cost $26.7 Million to build!

An NFL agent (Harold C. Lewis) is the bidder buying the US Fidelis mansion in Lake Saint Louis according to a report in the St. Louis Business Journal.  Harold Lewis is president of National Sports Agency based in Maryland Heights. His roster of about 35 NFL player clients include St. Louis Rams center Jason Brown and Chicago Bears wide receiver Johnny Knox, among others. Lewis could not immediately be reached for comment.  www.ksdk.com

Darain Atkinson’s Lake Saint Louis mansion will be sold to an anonymous buyer for $4.75 million, pending bankruptcy court approval that could come as early as today.  Monday was the deadline for prospective buyers to offer a higher bid, and none did.  The house, which cost at least $26.7 million to build, is expected to be the most valuable asset surrendered by the brothers who owned Wentzville-based US Fidelis. The company collapsed late last year amid allegations of fraudulent business practices.

After US Fidelis filed for bankruptcy on March 1, an independent management team sued the company’s owners — Darain and Cory Atkinson — and accused them of plundering the firm. A settlement required the Atkinsons to surrender virtually their entire fortunes, including at least four luxury properties.

“My buyer is planning on living there for the foreseeable future. This is going to be the last house he probably purchases,” Cottrell said in the podcast. “He’s not going to flip it.” stltoday.com

This European inspired mansion has an array of handpicked, imported materials and unique finishes from exquisite walnut and marble to spectacular molding details and natural finishes throughout. It features a music room, turret room, movie theater, indoor bowling alley, 8,000 Sq. Ft. outdoor entertaining area, safe room, second living quarters, study, billiard room, art studio, spa-retreat, playroom, exercise room, eight car garage, and porte cochere.  Majestic floor plan of 40,000 square feet for living and entertaining in the grand style of the Newport cottages.

Price: $14,900,000, SOLD for $4,750,000
Size: 40,000 Sq. Ft.+
Bedrooms: 9
Bathrooms: 10 Full, 4 Half
Speciality Items: Indoor Bowling Alley, 8,000 Sq. Ft.+ Outdoor Entertaining Area, Safe Room, Second Living Quarters, Study, Billiards Room, Art Studio, Spa Retreat, Playroom, Exercise Room, Eight Car Garage, Porte Cochere, Music Room, Turret Room, Movie Theatre.
Address: 5 Lakeview Ct., Lake St. Louis, Missouri, United States



Link to the listing: Sotheby’s

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