Banking & Finance

$1.1 Million Bid for Kirila Estate, Auction Extended

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TRANSFER, Pa. — Going, going, not gone — at least not yet. The 90-acre gated equestrian estate overlooking Shenango Lake that was to be sold at auction May 31 through Concierge Auctions garnered a bid of $1.1 million — apparently not enough to end the bidding.

Concierge Auctions announced today that it will accept online bids through Tuesday at which time the property will sell without reserve to the highest bidder.

“This auction represents a significant buying opportunity, and our clients are extremely motivated,” said the auction company’s president and founder, Laura Brady. “With bidding opened until Tuesday, anyone interested still has time to become involved.”

The estate, at 101 Carrier Road in Pymatuning Township, is owned by Gene and Ginger Kirila. It was put on the market seven years ago with a list price of $5 million. At the time, the Kirilas said they were planning to move to North Carolina.

When the auction was announced May 12, the property was listed for sale at $3.9 million. In 2010 it was put on the market with a list price of $5 million.

The 13,000-square-foot home includes nine bedrooms, 10 bathrooms, an expansive chef’s kitchen and dining terrace, exercise room, wine cellar, theater and 54-foot indoor pool next to the living room. Custom architectural features include skylights, floor-to-ceiling windows, a cupola library, atrium, glass cased fireplaces and glass elevator.

Outside, the property comes equipped with a separate lodge featuring a full kitchen, fireplace, conference center and patio with panoramic views of the lake and surrounding pastures.

The 5,000-square-foot lodge has a hangar-style garage and workshop, large enough to store a boat, helicopter or car collection.

The equestrian estate also offers a 5,000-square-foot barn with four stalls. Additional outdoor activities available at the property are ATV, running and biking trails, boating, fishing, hiking, skeet shooting and hunting. The property also includes a helipad for quick travel and is located 20 minutes from Youngstown Airport

Published by The Business Journal, Youngstown, Ohio.