22111 RIVERWOOD RD Dundee OR 97115 Del Mar Estate Auction

22111 RIVERWOOD RD Dundee, OR 97115

22111 RIVERWOOD RD Dundee OR 97115 Del Mar Estate Auction

The Evergreen International Aviation empire, once one of Oregon’s largest employers, had its ups and downs, and so has the riverfront estate the bankrupt company’s late founder Del Smith erected alongside the Willamette River in Dundee. This luxury estate located at 22111 Riverwood Rd, Dundee, OR 97115, built by the founder of Evergreen Aviation for $18 million is being auctioned off with a starting bid of $2.2 million dollars starting today through August 21, 2019.

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Situated on over 46 acres, the total square feet of the house comes in at 26,148 which includes a 1,430 sq foot basement. It has 11 bedrooms with 9 bathrooms and 5 fireplaces. The tax records show it was built in 2002. The home has central air conditioning and radiant heating in the floor. It has an indoor pool, helipad, comes with a 2nd home a Victorian style. multiple tennis courts Willamette River frontage located in heart of Oregon premier wine country.

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.

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. Images of this luxury estate in Dundee Oregon can be found here.

The high-flying entrepreneur’s villa has 26,480 square feet of living space, which is equal to the Pittock Mansion and the Oregon governor’s mansion combined. The butlers’ pantry off the formal dining room has specialty cabinetry for fine china and felt-lined drawers for silver.

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