The 8,825-SF, multistory Dromborg Castle in Fayetteville is no longer on the auction block, though it remains for sale.
Sellers Joan and Bruce Johnson announced the auction last week.
“We did not receive acceptable pre-auction offers, and we had a place where we could cancel going forward, so that’s what we did,” Joan Johnson said Tuesday.
The property is now listed for sale by owner, at $4.9 million, and interested buyers can contact her at 479-409-9400 or JoanJohnson@WhiteRiver.com.
It was listed for $9.7 million in 2016 and for about $14 million a few years before that.
The would-be auctioneer, Concierge Auctions of New York, did not immediately return a call and email. Arkansas Business will update this story.
“It’s the Hearst Castle of Arkansas. It is a premier property. Anybody that’s interested in visiting it, for purchase, serious buyers, they need to visit the website, Dromborg.com,” Katherine Hudson of Keller Williams Market Pro Realty, Joan’s sister, told Arkansas Business.
“It’s truly a great future home of some commercial interest: a wedding venue, a winery, it could be a museum, it could be an extension of the university, a retreat, a luxury Airbnb,” Hudson said. “Forty acres and an 8,000[-SF] house right in town, with a view.”
Johnson said she and her husband always knew they were building the house to not always own it and to pass it on to someone else. “It is a legacy home. It’s something somebody, we hope, wants to own it and live in it and pass it on and enjoy it. It’s a really great community home. People love to have functions, family loves to gather.”
“It’s probably as unique, in that it’s a castle with modern living, as any house in America, and it is the anchor to the south end of Fayetteville. A very unique [home] in a very unique and beautiful part of the world,” she added. “It went rather viral at the end of last week, and so that was exciting. … It’s hard [to sell] when you’ve got one of the most expensive houses in the state.”
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