Actor Patrick Duffy's longtime Southern Oregon residence along the Rogue River, currently for sale at $10,995,000, is heading to the auction block, with no minimum starting bid. Potential buyers can make any offer to Sotheby's Concierge Auctions from December 7th-14th for the 329-acre Duffy Ranch.
Although there is no pre-set reserve or minimum bid for the ranch at 436 Staley Road outside of Eagle Point, starting bids are expected to be between $3 million and $5 million, said Charlie Engel of Concierge Auctions, which specializes in marketing luxury real estate worldwide. The auction house is partnering with Duffy's listing broker, Alan DeVries of Cascade Hasson Sotheby's International Realty.
The Oregonian reports a webcast at ConciergeAuctions.com of the live auction at Sotheby's Auction House in New York is scheduled for December 14th. Duffy has the right to cancel the auction on Dec. 6, before bidding opens "based on the size and strength of the field of bidders we have put together up to that date," Engel told The Oregonian/OregonLive.
Duffy's 383-acre holdings on Staley Road and adjacent Trails End Lane, including four smaller parcels totaling 54 acres, were initially for sale at $14 million in September 2022. Six months later, the smaller parcels were each listed separately and the asking price for the main ranch's 329 acres, now scheduled to be auctioned, was $10,995,000.
To register to bid on Duffy Ranch, a $100,000 deposit and a letter of reference from the bidder's bank or financial institution are required, according to the auction house. The highest bidder also pays a premium and any transfer fees. The seller pays for the title search and title insurance, as well as broker commissions.
Property details and diligence documents are available at "ConciergeAuctions.com" or by calling (212)-202-2940.
