By NICOLE MONTESANO Of the News-Register
Minimum bid is $2.25 million

Worldbid Auction – Trust Sale This former Del Smith Estate, the founder of Evergreen Aviation to be sold to highest bidder at or above opening bid list price. Built at a cost of nearly $18,000,000. Bids accepted today thru August 21, 2019 at Noon PST, the auction date. Add 4% Buyer premium. Property may be sold anytime prior to auction date. Pre-Auction offers accepted with contingencies to be removed by 12PM, 8/19/19.

Along the river at the base of the Red Hills of Dundee, OR, Del Smith, the Founder of Evergreen Aviation in the 1960’s had arrived at a turning point in his storied life. This turning point changed his life plans and he found himself engaged in acquiring a historic 1906 fixer on a very large swath of Willamette Valley land. READ MORE ON CHRISTIE’S INTERNATIONAL REAL ESTATE >>

After two years on the market,the estate of the late Del Smith, businessman and founder of the Evergreen Aviation and Space Museum, is up for auction, with a minimum bid set of $2.25 million. Bids are due by noon Aug. 21.
In the meantime, real estate company Premiere Estates is offering tours of the property, by appointment only.

The estate, named Del Mar for Smith and his wife, Maria, which includes two homes and 46 acres, had been listed at nearly $5 million, and at one point, for nearly $7 million.

Smith and his wife put more than $18 million into building the mansion house, according to the realty company Premiere Estates, and also renovated an existing Victorian home on the property, originally built in 1906.

Heavily influenced by the vision of Maria Smith, the estate includes five fireplaces, 11 bedrooms, including two master suites, nine full bathrooms, a swimming pool and other amenities that grace the palatial building, which is surrounded by formal gardens planted with hundreds of roses. The mansion encompasses more than 26,480 square feet, including three stories, with a marble staircase that descends into the tiled foyer.

The property also includes two courts for tennis, basketball, badminton and hockey, and a three-car garage. The commercial kitchen, floored with cork, includes multiple refrigerators, ovens and dishwashers, a butler’s pantry with custom-built cabinets for fine china and silverware, and a dry goods pantry. In addition to the formal dining room, there is a breakfast nook.

Other details include fine woodwork, oak floors, high ceilings, walk-in closets and 12-foot tall handcrafted cedar double doors at the front entrance, and heated floors. A long, tiled hall overlooking the patio and back gardens, is lined with windows. A slate terrace features a water fountain.

The Victorian home on the property is 4,836 square feet, and still has its original exterior and windows. The Smiths remodeled the interior in 1999, and added a four-car garage.

There are three bedrooms and three baths. The home also includes a built-in dog wash station, a partial daylight basement that is now outfitted with two bedrooms, a den and a bathroom.

The property, which overlooks the Willamette River, is listed as exclusive farm zone, which has complicated the sale of the property, as it makes alternate business uses more difficult.

Yamhill County Planning Director Ken Friday said under that zone, new owners could apply to the county for a home occupation permit to operate a nine-bedroom bed and breakfast, or, with sufficient vineyards planted, the estate houses could qualify for use as a winery and tasting room.

Ten acres in the river’s flood plain have been used for wheat farming.

Large formal gardens surround the homes, and make use of boxwood hedges to create a series of “rooms.” The gardens are planted with hundreds of roses; there also is a grape arbor and an outdoor firepit. The drive to the villa is planted in hazelnut groves and blueberries.

Starting with a helicopter company, Smith eventually founded Evergreen International Aviation which spanned an entire family of companies, and the Evergreen Aviation and Space Museum. In its day, Evergreen maintained NASA’s Space Shuttle Carrier and was the first carrier of the Boeing Dreamlifter.

Today only the museum remains, as the aviation company went bankrupt in 2013, a year before Smith’s death in 2014 at the age of 84, and the buildings have been sold off. The museum is an independent nonprofit. It houses the legendary Howard Hughes wooden airplane the “Spruce Goose,” along with numerous other aviation and space exhibits.

Originally posted–1562039518–33752–Yamhill Valley News Register

Exclusive Luxury Brands