Alabama Crimson Tide head coach Nick Saban had his lake house on the auction block just over a month ago, and now he’s able to turn over the keys to the 9,600-square-foot estate.
The home, an estate appraised at $10.95 million and sitting on north Georgia’s Lake Burton, was sold to an unnamed bidder, according to a press release by the seller, Concierge Auctions. The bidder was represented by Ed West of Ed West Realty, Inc., who played up the unique nature of the sale:
“This is the highest sale price on the lake in many years, which is exciting to be part of. I’ve been familiar with this property from the beginning — throughout its construction. It was developed for a family to use and enjoy, and my clients, their children and grandchildren will certainly do so. They are extremely excited to be purchasing their dream home and will be a great addition to the Lake Burton family.”
The release notes that the publicity generated by the auction saw people from 49 states – led, of course, by hordes of Alabama residents – and 49 countries, led by our Canadian neighbors.
Eight bidders participated in the silent auction, with one lucky bidder taking home the title.
Crimson Tide fans can expect a few link-bait articles continuing to speculate that Saban might now leave Alabama for, well, somewhere else. But this wasn’t a residence for the Saban clan; it was an investment property; one that, like everything else Saban touches, turns to gold.