A limestone mansion and surrounding land in northern Washington County that were used as an "equestrian estate" have fetched a price close to $11 million -- one of the highest figures for a local residential property.
The house and 130 acres in North Strabane were listed for sale earlier this year for $19 million. Kelly Park of the Cleveland-based Park Corp. built the home and sold it, plus the land in four parcels, to Waterdam Road Associates 2 LP, according to deeds filed with Washington County.
The deeds list the buyer's mailing address as a suite in the Trimont condominium building on Grandview Avenue in Mt. Washington. Anthony Horbal, who operates Great American Health Plans Inc., occupies the suite, but couldn't be reached for comment Friday.
Helen Hanna Casey, president of Howard Hanna Real Estate Services Inc., which marketed the property, would say only that the buyer is a Pittsburgh area resident who became interested in the property after reading about it in "Hanna's Homes of Distinction." The publication is circulated to a special group of clientele, she said.
The 20,000-square-foot house includes a great room with 26-foot ceilings, five guest room suites, a theater and a wine cellar. There's an Olympic-sized pool and bathhouse, long and short golf fairways and equestrian facilities that include a stable for 13 horses, and an indoor and outdoor riding arena.
Sellers listed on the deeds are Park, for parcels sold for $5.1 million and $3.4 million, along with Sambeau Partners LP, for a $2 million parcel, and Molly Corp., for a $500,000 property.
Other recent local, high-end real estate transactions included building products magnate Joe Hardy of 84 Lumber selling his French Renaissance Revival mansion in Rostraver, Westmoreland County, for $3.5 million in 2005, though the original asking price was $7 million. And David N. Scaife, owner of Auto Place Porsche in Oakland, bought a home and nearby garden property in Squirrel Hill-Shadyside for $1.8 million in 2005.
Hanna Casey said Kelly Park has moved out of the region although he still has interests here. Park Corp. has a wide range of businesses, and is a longtime Pittsburgh area industrial real estate developer.
The company bought and cleared the former U.S. Steel Homestead Works property for redevelopment, and The Waterfront retail, office and residential complex occupies much of that site.
Park bought part of the old Jones & Laughlin Steel plant in South Oakland, and later sold the land to the Pittsburgh Urban Redevelopment Authority. The Pittsburgh Technology Center campus is located there.
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