Magnolia estate hits auction block with $14 5M starting price - Houston Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Country Club mansion that had short-term rental license revoked sold at auction
BusinessDen file photo)
A Country Club mansion that once attracted raucous Airbnb guests has sold at auction for millions less than its original asking price.
Garth Yettick sold the 7,800-square-foot home at 410 N. Marion St., known as Marion Manor, for $2.96 million on Dec. 30, according to public records.
The home was originally listed by Jeff Hendley of Compass in 2019 for $5.68 million. That was later reduced to $4.99 million in August. Then, this past December, New York-based Concierge Auctions auctioned off the property.
Yettick, who bought the property in 2004 for just under $3 million, previously advertised the property for rent through sites such as Airbnb, asking $1,000 a night.