Skip to content

Siemens villa, valued at €27.5 million, set for auction on Thursday

Forsaken Siemens villa on Lehnitzsee in Potsdam faces compulsory auction, now estimated at €27.5m due to years of negligence.

luxury Siemens villa set for auction on Thursday, with sale price estimated at €27.5 million
luxury Siemens villa set for auction on Thursday, with sale price estimated at €27.5 million

Siemens villa, valued at €27.5 million, set for auction on Thursday

The historic villa, originally built in 1910 for Carl Friedrich von Siemens, the youngest son of the renowned inventor and entrepreneur Werner von Siemens, is set to be auctioned off on September 4.

The villa, located near Potsdam's Lehnitzsee, was commissioned in the style of an English country house and boasts a grand H-shaped main building with modern facilities for the time, including a central vacuum system, its own power station, a telephone line, and a passenger lift.

Carl Friedrich von Siemens, an heir to a vast fortune, was the original owner of the villa. However, the current ownership remains unclear. Following German reunification, the estate was formally returned to the von Siemens heirs, but it appears the villa has since passed out of family hands.

The villa's estate includes a boathouse and tennis courts, and despite its rich history, it has never been used by the von Siemens heirs. The villa's last known purchase price, from 2020, remains undisclosed.

The villa was confiscated by the Red Army during World War II and converted into a pulmonary sanatorium. After the war, it changed hands, but the details of these transactions are not publicly known.

The auction will take place behind closed doors, and the proceedings will be kept confidential. The villa is valued at around €27.5 million, making it an attractive prospect for those with a penchant for historical properties.

It's worth noting that another notable estate, The Bush estate, originally called Walker's Point and located near Kennebunkport, Maine, still belongs to the Bush family today. It was inherited by George H. W. Bush from his parents and remains a family retreat.

Despite the villa's rich history and potential, no significant renovation has been carried out on the property since its construction. This presents a unique opportunity for the new owner to restore the villa to its former glory while adding their own personal touch.

The villa's auction is a significant event in German real estate, and it remains to be seen who will be the lucky bidder to claim this piece of history.

Read also:

Latest