Mansion to be auctioned to highest bidder ‘regardless of price’
- The most expensive home in Saratoga Springs is headed to auction
- Amenities include a guest cottage, pool house and security guard post
- 'I'm excited to welcome a new owner': Michele Riggi
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SARATOGA SPRINGS, N.Y. (NewsNation) — A mansion in the heart of Saratoga Springs, New York, will be auctioned to the highest bidder Friday “regardless of price,” according to a Business Wire press release.
The property, which is the most expensive in the upstate New York town, was initially listed for $17.9 million in 2022.
The property includes a guest cottage, pool house, security guard post and more than 20,000 square feet of living space. There are six bedrooms and seven-and-a-half bathrooms.
Platinum Luxury Auctions was hired by the homeowner and co-builder, Michele Riggi, “who has long been one of the city’s most prominent philanthropists and socialites,” according to Business Wire.
“Creating and enjoying Palazzo Riggi (the property’s nickname) has been a truly wonderful experience. It’s been both a loving home for our family and a venue wherein we’ve celebrated so many of life’s milestones and supported so many good causes,” Riggi said in the release.
“While it’s never easy moving on from such a special place, I’m excited to welcome a new owner on September 8th!”
