Adam Parore and Sally

PHOTO: Adam Parore & Sally Ridge. FILE

A spectacular multimillion-dollar country estate linked to former Adam Parore has failed to sell under the hammer after intense bidding at a high-profile Auckland mortgagee auction 👀

The luxury property, located on:

📍 Papakura-Clevedon Road, Clevedon

was one of the most closely watched mortgagee sales in New Zealand’s premium property market this year.

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💰 BIDDING SOARED PAST $4.2 MILLION — BUT STILL NO SALE

The six-bedroom trophy estate went to auction with strong interest from buyers both in the room and on the phones.

According to reports, bidding began at:

💰 $3 million

before climbing rapidly to:

💰 $4.2 million

However, despite multiple pauses for negotiations, the property ultimately:

🚨 Passed in without selling.


🏡 NOT YOUR “TYPICAL” MORTGAGEE SALE

The property was marketed by:

Ray White Remuera

with auctioneer:

John Bowring

telling bidders before the auction:

💬 “It is a very different mortgagee sale to others we have had in the past. This one is absolutely outstanding.”

Listing agent:

Cherry Kilgour

also described the property as a holding with a “distinct point of difference.”


👀 PROPERTY LINKED TO RELATIONSHIP DISPUTE

The home was previously owned by Kiwi interior designer:

Danielle Francis

who was formerly married to Parore.

Reports suggest the mortgagee sale followed an ongoing dispute connected to a relationship property settlement agreement.

Parore’s spokesperson reportedly confirmed the parties remained in dispute over obligations relating to the settlement.


🌿 INSIDE THE 7.95HA LUXURY ESTATE

The sprawling Clevedon estate sits on approximately:

🌳 7.95 hectares of rolling pasture

and includes:

✔ Six bedrooms
✔ Five bathrooms
✔ Large outdoor pool
✔ Mature landscaped grounds
✔ Luxury country-style interiors
✔ Multiple entertaining spaces

The 559sqm home was heavily customised and upgraded by Francis, who drew inspiration from:

🏡 Classic West Virginia barns

and high-end international architecture.

Mortgagee sale: Luxury estate linked to ex-Black Cap Adam Parore passes in at auction

A multimillion-dollar estate linked to former Black Cap Adam Parore was the first home on the auction block on Wednesday, May 20. Photo / Supplied

✨ DESIGNED WITH GLOBAL LUXURY IN MIND

Francis previously described the estate as an escape from her fast-paced international lifestyle between:

🌍 Sydney
🌍 London
🌍 New York

She said the vision was to create a timeless and highly liveable family estate.

Luxury materials used throughout the home reportedly include:

✔ Copper
✔ Cedar
✔ Turkish travertine
✔ Italian marble
✔ French oak

A multimillion-dollar estate linked to former Black Cap Adam Parore was the first home on the auction block on Wednesday, May 20. Photo / Supplied

Adam Parore and Danielle Francis were married around seven years ago and split a few years later. Photo / Supplied


🍷 COUNTRY LIVING WITH HIGH-END STYLE

Unlike many modern open-plan luxury homes, the estate was designed around:

🏡 Warm, intimate spaces
🏡 Family entertaining
🏡 Large gatherings
🏡 Relaxed country living

Francis previously said the oversized kitchen island became the social centrepiece of the home.

A multimillion-dollar estate linked to former Black Cap Adam Parore was the first home on the auction block on Wednesday, May 20. Photo / Supplied

The trophy home on Papakura-Clevedon Road, in Auckland’s Clevedon, sits at the heart of a 7.95ha estate and features a large outdoor pool. Photo / Supplied


💍 PARORE’S NEW CHAPTER

The mortgagee sale also comes shortly after reports that Parore remarried earlier this year.

The former Black Cap reportedly tied the knot with property business owner:

Libby Price

during a three-day wedding celebration at their Far North estate.

A multimillion-dollar estate linked to former Black Cap Adam Parore was the first home on the auction block on Wednesday, May 20. Photo / Supplied

Francis had upgraded the home and brought stylish touches to the interiors. Photo / Supplied


📉 WHAT THIS SAYS ABOUT NZ’S LUXURY MARKET

The failed auction is likely to fuel wider discussion around the current state of New Zealand’s high-end property market.

Even prestige homes with:

✔ Large landholdings
✔ Trophy architecture
✔ Premium locations
✔ Celebrity links

are facing increasing challenges in the current market environment.

Luxury buyers remain active — but many are negotiating harder and remaining cautious amid economic uncertainty and tighter lending conditions.

A multimillion-dollar estate linked to former Black Cap Adam Parore was the first home on the auction block on Wednesday, May 20. Photo / Supplied

Parore tied the knot again this year, marrying property business owner Libby Price. Photo / Instagram, Libby Price


🔥 THE BOTTOM LINE

A stunning Clevedon luxury estate linked to former Black Cap Adam Parore has failed to sell at mortgagee auction despite bidding reaching $4.2 million.

💥 Celebrity connection
💥 Relationship property dispute
💥 Luxury 7.95ha estate
💥 Massive buyer interest
💥 No sale under the hammer

And as New Zealand’s prestige property market continues adjusting to softer conditions…

🏡 Even trophy homes are no longer guaranteed an easy sale.

SOURCE: ONEROOF

 

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