I have a signed lithograph by Bob Stewart titled, The Lorelei at Stone Manor. The Pfeifers The case is pending before Circuit Judge Daniel Johnson. The Chicago fire must have had a profound impact not only on Otto Youngs wealth, but on his thoughts regarding construction. The interior walls are hewn from massive chunks of Tennessee marble. (How does a 7-year-old even know who DJ Khaled is?! It is, without question, the most important estate on this lake. It was built in 1887 as a summer "cottage" for Conrad Seipp, a German immigrant, who became the largest and most innovative brewer in Chicago. According to Page Six, the performers rapped for 75 kids ages 7 to 12. {{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}}, {{promotional_format_dollars}}{{promotional_price}}{{promotional_format_cents}} {{term}}. Her stories on here get a lot of clicks. He established Otto Young and Co, and wholesaled jewelry, but this wasnt necessarily what made him rich. But a quick check of property records positively, absolutely confirms that Ms. Trahan and Ms. Trahan alone paid $5,995,000 for the property in question. And while that might not seem like a huge amount to us jaded Californians, it was one of the biggest sales of the year for the entire state of Wisconsin. Gorham's widow sold the property to James D. Frazer. All Rights Reserved. Owner. Holy mackerel! The unit clocks in at a mammoth 12,000-square-feet with 3 bedrooms and 4.5 bathrooms. Instead, the unit lacked marketability at that higher level because of a simple lack of buyers who seek $3MM condominiums on Geneva. While it may be hard to relate to a guy who was worth around $30MM in 1906, and not every lake home needs to have 50 bedrooms and 40,000+ square feet, Mr. Young does have a couple things in common with current Lake Geneva vacation home seekers. Well assume the seller enjoyed a few years there before listing it on the open market for $2.99MM during the summer of 2010. And on our original story, we received a comment from someone claiming to be a neighbor, who tattled that Ms. Trahan had illegally cut down a large cypress (?) The riches came by investing the jewelry profits into downtown real estate, a procedure that was made economical by the bargains that followed the Chicago fire. $39.25M Mansion in Lake Geneva Is Wisconsins Most Expensive Home. We dont care about them at all. The Hintons live in Illinois and own properties at 835 S. Lake Shore Drive and 889 S. Lake Shore Drive, directly across from Stone Manor. This home known as Arrowhead is inspired by Frank Lloyd Wright's "Hanna House"located on the Stanford University campus in Stanford, California. Below find the estimates from the House Committee on Oversight and Reform on how much each Walworth County government will be receiving in rel. Nearly two years ago, Ms. Trahan (and Mr. Albrecht) paid $7,150,000 for a big (and somewhat bland) spec-mansion in a leafy part of Santa Monica, CA. County of building: Walworth County. Two are over the age of 70. Support local journalism with our BEST DEAL EVER! The Hintons, who own property across the street, contend that a previous owner of Stone Manor granted them an easement for lakefront access. Yolanda isnt great at reading Wisconsin property records, so were not sure exactly how much Ms. Trahan has spent on her purchases thus far. But lo, kiddies. Shoot. The building history aside, its the man Otto Young that I find more interesting. Its a library a real, honest-to-goodness library! Back in 2013, yall, Mr. Albrecht hauled in $30,500,000 in salary. Think about it. There are only five owners to absorb the cost of maintaining a 100 year old structure that rests on 10 manicured acres. From there, the estate descended to a long lineof unlucky owners. The previous owner, Carolyn Gable had quotes written along the shore path fence. Along with that huge sale price comes other expense. This home was built in 2009 at the site of the former Morton Salt Family estate known as Oak Lodge. Apparently, on at least one occasion he entertained a young community organizer on the rooftop deck. Yolanda is not sure if Ms. Trahan has been married previously, but she does have a teenage daughter from a prior relationship. Each bedroom floor had aomething like 4 or 5 bedrooms, all connected by doors, with 4 or 5 bathrooms per floor. The property has 400 of frontage and nearly 10 acres. This was during the time Mr. Bihlmire owned the house. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Featuring an art deco theater, an indoor pool and spa, a 7-room 5,000 sq. And it reportedly Mr. Young cost nearly $2 million in construction fees, a colossal amount of money in 1899. Yolanda isnt great at reading Wisconsin property records, so were not sure exactly how much Ms. Trahan has spent on her purchases thus far. The manor, known as Younglands, having been built by Otto Young, was as magnificent as the most lavish European manors. modern and on-trend details." Stephanie Huttner, owner, curator, lead designer, Parker Drive Event Co.. Click the link to see more from this luxurious day on . The largest estate ever built on Lake Geneva, Stone Manor was commissioned in 1899 by Otto Young, a German immigrant who made his way to the United States nearly penniless and made a fortune buying up and reconstructing Chicago property after the fires in the area known today as the Loop. If anyone could send me more info about this house and Otto it would be great! Contact me if you are interested in more information about Otto Young, his family and his homes. We want to hear from you! Perhaps she even romantically resolved to buy this place when she was rich and famous (or at least running with a famous crowd) like she is now. Trahan filed a lawsuit last year in Walworth County Circuit Court, seeking to dismantle the boat deal. Nobody puts Ms. Trahan in a corner. It is Yolandas understanding that there are two units on the third floor, two units on the second floor, and one giant unit that spans the entire ground floor. In 1968 a tax auction was held and a developer purchased the home and land for $75,000. Heres something Yolanda doesnt see too often anymore. The house has been (at different times): a boarding school for girls, a hotel, a restaurant, and most bizarrely a Christmas tree museum (???). Please contact me. With employers around the state putting out help wanted signs, the Wisconsin GOP is working to reinstate the requirement that those receiving unemployment benefits must prove they are actively searching for work. Condition of man injured in Highway 12 accident is improving, 19-year-old charged with stealing fire hydrant, Plan to add more paid parking in downtown Lake Geneva dies in committee, Happenings: Fontana's Doggie Egg Hunt, sci-fi book club debuts, country dance party, How much COVID stimulus money is your town estimated to get? The mansion, known as Villa Hortensia, sits next door to Lake Geneva's highest-selling mansion in history, which is the 12-bedroom, 14,145-square-foot Glanworth Gardens mansion on 40 acres that . Why didnt you just email us, gurl?! Windows are 5 by 6 feet (1.5m 1.8m) and originally had shutters, which have since been replaced. Just goes to show, money cant buy, Great story. Jameson Sotheby's International Realty More than five years after it hit the market, a palatial waterfront mansion on Geneva Lake in Wisconsin sold this week for $7.2 million, the highest price. Offering 4 fireplaces, a 5-car garage, marble floors, and a grand staircase, this newly renovated 15,000 sq. The enigmatic Ms. Trahan somehow owns multi-million dollar homes, spends her time being whisked around the country on private jets, and has a middle-school age kid who attends the uber-elite Buckley School in Sherman Oaks with the children of billionaires. Sign up for our newsletter to keep reading. But the Geneva Shore Reportthemselves said that she has paid approximately $18,000,000 for her five units. The home "Expect a Miracle" can be seen to the left of the arch along the eastern portion of the lake shore path. There was a problem saving your notification. Geneva Lakefront Realty, LLC 323 Broad Street Ste 101 Lake Geneva, WI 53147. dave@genevalakefrontrealty.com. In this manner, the condominium concept is entirely and thoroughly broken. Rapper The Kid Laroi Spends Millions on Rockstar-Worthy LA Home, Drakes Onetime Trousdale Estates Rental Mansion Is Back, Asking $62 Million, Hollywood Heavyweights Barry Jenkins, Lulu Wang Buy Apartment in 1920s NYC Building, was a member of his private plane posse, probably the most talked-about mansion in the area, Cody Ko Streams Into Reese Witherspoon's Former Malibu Getaway, Late Actor Ray Liotta's Longtime Palisades Home Sells to Some Goodfellas, Late Nordstrom Exec's Elegant Seattle Home Hung on the Rack at $7.9 Million, Late Nordstrom Execs Elegant Seattle Home Hung on the Rack at $7.9 Million, Gloria Vanderbilts Former Townhouse Gets $11 Million Price Tag. It was and still is the largest estate built on Lake Geneva. But we like to imagine she does. Tina Trahan throws down $6 million in Wisconsin?! Volume in any segment of our broader vacation home market is important, and any lakefront condo sale, even if it is an alpha sale such as this, is a nice sign for the rest of the condo market. Instead, he headed up the lake, even as fall turned to winter, and the vibrant colors of autumn turned dark. This 18,000 square foot magnificent Italianate palace with a 250' veranda and an expansive lawn is visible from downtown Lake Geneva. Get our latest stories in the feed of your favorite networks. There is one other unit available in Stone Manor today. I write this blog to educate and entertain those who subscribe to the theory that Lake Geneva, Wisconsin is indeed the center of the real estate universe. The case was filed in May and is scheduled for a jury trial next July. When the building need some work done, they hire craftsmen who are versed in the art of restoring 100 year old limestone walls. Yolanda originally thought Ms. Trahan was just Mr. Albrechts girlfriend, but as was revealed by Page Six, the couple recently got married. Properties subject to prior sale, listing expiration, price changes, or listing removal. And Lake Geneva located about 1.5 hours northwest of Chicago by car has long been a popular resort destination for wealthy financiers and businesspeople from the city. But people seem to love reading about her, for whatever reason. Email notifications are only sent once a day, and only if there are new matching items. Stone Manor stands on the eastern shore of Geneva Lake, and neighbors Albert and Geraldine Hinton have an easement that allows them to launch a boat from the property. Or her. We digress. Yolanda cannot fathom how her removal could have been legal?! LAKE GENEVA A Bloomfield man was arrested for trespassing after he was found sleeping at a local Lake Geneva residence where he wasn't suppo, ELKHORN A 68-year-old woman was found deceased in her vehicle in an Elkhorn grocery store parking lot and officials are investigating to try. It can stop on any of the 4 floors. 880 S Lake Shore Dr, Lake Geneva, WI 53147 . When Tina Trahan was growing up in Elmhurst, she visited Lake Geneva, Wis., a couple of times. The home, called Glanworth Gardens and which has only traded three times in the last 115 years, was owned by the late investment manager Richard Driehaus. There never were 50 bedrooms!! So in this typical condominium that needs some painting, the board hires a painter, or two, and he does some painting. Built: 1899. Our gurl usually keeps it swanky with strictly LA, NYC, and Miami destinations. And sure, we understand that its cool to see how folks you see on the screen or hear on the radio live. Contact. Otto came from an affluent family in Germany, however when he came to the USA in the mid 1800s, he was virtually broke. When Rezko sold his stripped out unit, it sold for less than $900k, and truth is, I thought it was a great deal. The cookies is used to store the user consent for the cookies in the category "Necessary". Its because all of the main rooms the ballrooms, the drawing rooms, sitting areas, are mostly located on the main floor. Thanks for reading. I figured, I couldnt own his condo, but I could certainly buy his sunglasses. This $1,400 has been at the forefront , Walworth County health workers are teaming up with local law enforcement agencies to help provide mental health care to people who may need su. It is the first floorunit where Ms. Trahan just dumped six million bucks. Lake cruises: The Lake Geneva Cruise Line, www.cruiselakegeneva.com, gives narrated tours through October, including the one-hour Geneva Bay Tour, $19; the two-hour Full Lake Tour, $24; the 2 1/2-hour U.S. Mailboat Tour, $25; the 3 1/2-hour Black Point Estate Tour, $34; and brunch, lunch, dinner, music and ice-cream social tours. She paid every little penny. But its expected to be complete by May. He would soon share this home with his fianc to be, Gail Carpenter. But what happened next really surprised Yolanda. And it is by far the largest for any sort of co-op property. The expensive resort town of Lake Geneva has long been popular as a local vacation destination for folks from Chicago and Milwaukee. A beautifully detailed covered terrace shelters its occupants from the oft-chilly Wisconsin days. Gorham later moved to rural Kansas and founded the town of Gorham. Because if not, she just schooled us without even trying. All Rights Reserved. It wasnt until 1990 that the olgurl, with her kibbles and bits sagging from years of abuse and neglect, finally got a second lease on life and a much-needed facelift. Trahan attorney Bush Nielsen said the new Stone Manor owner is disappointed in the jurys verdict, and she is considering whether to appeal the ruling. I could have researched countless archived newspaper articles involving Otto Young, but I didnt. Rumor has it he had Lucky Luciano and other like him as clients. Prices in the building have fluctuated wildly, but its safe to say that any one of the units on the upper floors would probably not sell for a number that exceeds $1.6MM (perhaps closer to $1.2MM) When the building was restored and made available to the public, the units were offered between $795k and $1.4MM. Necessary cookies are absolutely essential for the website to function properly. The new owner of Stone Manor must allow a neighboring property owner to continue launching a boat from the Lake Geneva mansions lakefront. The house sits on a full basement with a limestone slab floor. Stone Manor January 23, 2015 by David Curry Otto Young was born in Prussia in the year 1844. A more than 14,000-square-foot mansion in Lake Geneva, Wisconsin, hit the market Friday for $39.25 millionmaking it the most expensive home for sale in the state. Just as we know the name, most of us vaguely know the odd history of the building. This is an expensive formula, one that leaves the major burden of ownership not on the initial purchase price, but on the perpetual maintenance that such a prized ornament will require. That was all restored by taking pieces down, being sent out where forms were made, then new plaster rip-rap made and painted. And here we go again. Sorry, its privately owned and not open for bookings. Outstanding views and a transferable boat slip are included with this tastefully renovated and updated unit. Trahan, however, does not regret that she made a significant investment in acquiring the Lake Geneva mansion, Nielsen said. Off Market. Instead, I sat at a desk overlooking the lake at the Lake Geneva public library and found a couple articles that told me everything I needed to know about the man who built his very own Stone Manor. On and on it goes. Otto Youngs Daughter Selma Cecile was married to the founder Lawrence Heyworth. Yes, everyone. Perhaps we overrate our own importance, yall, but we cant help feeling that this purchase is partially a big F.U. from Ms. Trahan to Yolanda. I lived in Stone manor as one of the care takers and I can tell you it is haunted. 7 What was the largest estate ever built on Lake Geneva? Ha! If it werent for the negatives, the building wouldnt have any trouble in the market, but alas, there are. I dont know whether or not Tony had a nice time there. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). They are all, technically speaking, owned solely by Ms. Trahan). These cookies ensure basic functionalities and security features of the website, anonymously. But anyway, If youre a newbie and want to know more about Ms. Trahan, click here to read our original article on her. The exterior of the house is constructed with Joliet limestone blocks 19 inches (480mm) thick. The Tesla-driving Ms. Trahan is also believed to be a close confidante of celebrities like Bradley Cooper, Tiger Woods, and a variety of other assorted moguls. Get the latest scoop directly in your inbox. The cookie is used to store the user consent for the cookies in the category "Other. Helping discerning clients and customers buy and sell Lake Geneva since 1977. First floor had ballrrom/main room, music room, billiard room, library, dinning room, large entry with open stairs to bedroom levels 2nd floor and 3rd floor. We slammed on the brakes and had to back that ass up to snap a quick iPhone pic of the newly-barren front yard. The Stone Manor mansion and grounds on the shores of Lake Geneva is the sophisticated setting for a sleek, stylish wedding. I grew up right across the street from this magnificent place. Architecture [ edit] The Stone Manor is an excellent local example of Italianate architecture. Just as we know the name, most of us vaguely know the odd history of the building. Attorney Lisle Blackbourn, who is representing the Hintons, declined to discuss the civil case pending in Walworth County Circuit Court. The real way associations tend to operate is to charge a monthly fee to cover such anticipated expenses, but then to levy a special assessment above and beyond that monthly fee to actually pay for projects and improvements. Is there any truth to The Rolling Stones staying at the Youngland Mansion. Its always blind trusts. Originally called Younglands after Otto Young, the self-made millionaire who in 1898, engaged noted architect of the time, Henry Lord Gay, to design a magnificent Italian-style mansion. Eventually, a buyer combined two of the three units on the top floor, leaving a total of six units in the entire mansion. This cookie is set by GDPR Cookie Consent plugin. But we digress again). This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". 2023 Dirt.com, LLC. The new owner of Stone Manor must allow a neighboring property owner to continue launching a boat from the Lake Geneva mansions lakefront. Tina Trahan has bought six of the seven condos at Stone Manor. Anyway, Yolanda knows for a fact that Ms. Trahan reads our blog, so we are a bit disappointed that our wedding invite got lost in the mail. just heard the story and took the boat tour and Im hooked! Mazel tov! Plus, she never everputs her name on anything. And she paid the full damn $6 million asking price. We want to hear from you! And Yolanda loves it. Would you please EMAIL me at linda1906@sbcglobal.net I am the Otto Young historian and currently in the middle of a book about the Young family and the history of the home. No, really! Interesting place for sure. Money talks, and money always wins. Stone Manor. Stone Manor, easily the largest mansion on Lake Geneva, began construction way back in 1899 and was commissioned by a German immigrant turned powerful Chicago real estate investor named Otto Young. This colossal lakefront property is often mistaken as the Wrigley Mansion by tourists talking on the streets of Lake Geneva. He bought this unit, a rough unit, a unit that was beautiful in terms of square footage and views and property amenities, and over the course of the next 12 years proceeded to slowly, ineffectively, and randomly, renovate his unit. The whole things a nightmare, Trahan said. Now the teen faces a felony theft charge. And its not just because its the only full floor spread, either. With over $650,000,000 in sales since January of 2010, that goal is within reach. Where was the Maxwell mansion in Lake Geneva? Well, consider the nature of a special assessment on such a property. Stone Manor, unit 2 North, would be Gary's residence beginning in the spring of 1983. Our Ms. Trahan, you see, is a very high-falutin gal. The seven-level estate, now made up of six luxury condominiums, was the largest built on Lake Geneva and boasts a grand ballroom and rooftop . This page is not available in other languages. With the exception of this juicy 2009 Deadspin article, of course. Our Ms. Trahan originally hails from Chicago, you see. We have written about her real estate exploits and other such matters at least two or three times on this blog.

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