Luxury Foreclosures on the Auction Block

There has never been a better time to steal ritzy foreclosure auction properties from lenders. Bank balance sheets are bulging with high-end auction bargains waiting for you to scoop up. Here’s a few of America’s most expensiveforeclosureauctions.

2300 Kimridge Road

Honey, stop the car! This chalet has all the bells and whistles, including a media room, wine cellar, gourmet kitchen, pool and unparalleled panoramic views of Los Angeles, the Pacific Ocean and Catalina Island. But hurry, this stunning gated Mediterranean estate is slated for the auction block on August 23, 2012, for $9.9 million.

15922 Las Planideras
Rancho Santa Fe, CA 92067
6 bedrooms, 7 bathrooms, 7,294 Sq. Ft.
Price: $5,995,000

Built by master craftsmen, this Rancho  Santa Fe charmer is headed for the auction. It just goes to show you that rich people can live from paycheck-to-paycheck too; they just have more zeros on theirs than the rest of us. But you’ll need a big paycheck to nab this $5,9 million foreclosure property.

2000 Midnight Mine Road
Aspen, CO 81611
3 bedrooms, 3 bathrooms, 3,330 Sq. Ft.
Price: $2,950,000

Aspen’s ritzy 81611 Zip Code awaits all you smart auction buyers. This Aspen Mountain beauty is perched on 9.5 acres. It boasts a 3,330 square foot environmentally friendly home that’s perfect for eco-flippers. It has solar power, geothermal heat and LEED compliant construction. But hurry, write that $2.9 million check now because it’s scheduled for the auction block on October 17.

195 Hudson Street, 3B
New York, NY 10013
2 bedrooms, 2 bathrooms, 1,293 Sq. Ft.
Price: $3,295,000

Pay close attention New York jet setters and Wall Street-types. Here’s a TriBeCa crib you’ll flip over. This Lower Manhattan foreclosure auction won’t last long at a mere $3.2 million — especially being so close to the  Street. No auction date yet on this two bedroom, two bath distressed darling,  but maybe you can short it before it’s auctioned.

9916  Mark Place

Beverly Hills, CA 9021
3 bedrooms
Price: $1,597,500

For someone looking to do a lil’ rehab, this Beverly Hills foreclosure auction for $1.5 million might just make the perfect hipster flip. Listed in the trendy 90210 Zip Code, this Mediterranean foreclosure auction is secluded and surrounded by mature trees. It’s schedule for auction on  September 6, 2012, in Pomona, Calif. Heck, just tear it down and built your own  Hollywood mansion.

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