By NICOLE MURRAY
Bidding begins this week on a historic castle in Waco, Texas, that was renovated by “Fixer Upper” stars Chip and Joanna Gaines.
Back in 2019, the dynamic duo began renovations on Cottonland Castle and documented their progress on their show “Fixer Upper: The Castle,” which aired in 2022.
“This castle is one of the most impressive properties in the entire Waco, Central Texas, area, and I’ve wanted it for two decades now. The plan for the castle is to bring this beautiful property back to its original state,” Chip Gaines said in a trailer for the program.
The show highlights the couple’s successes and struggles.
“One of the biggest things is, ‘How do we make this feel as accurate to that time period as possible?'” Joanna Gaines said in the trailer.
The rehaul restored the castle’s historic feel while adding a modern design theme which included, “blending historic details such as intricate millwork and diamond-paned windows with luxurious updates, such as Honduran mahogany paneling, Caen stone and Carrara marble,” according to an article by Erin Clack for People.
The 6,176-square-foot castle has four bedrooms and 3.5 bathrooms.
It is listed at $2.9 million and Concierge Auctions is handling the auction. Bidding is scheduled to begin on Thursday at 4 p.m. EDT.
“The castle is historic, and it also has been redesigned and renovated, and so the value of the property is very difficult to define,” Laura Brady of Concierge Auctions told People.com. “It’s going to be worth what the highest bidder is willing to bid.”
Zillow estimates the market value at $2,668,300.
According to business reporter Mike Copeland at the Waco Tribune-Herald, the castle was appraised for tax purposes this year at $1.7 million, including land. That’s a nearly $700,000 increase from the $1.03 million appraisal in 2022, he wrote.
News of the auction started spreading when Magnolia Realty posted about it on social media on June 23.
“In 2019—after 20 years of dreaming about the chance to renovate this castle—Chip Gaines and Joanna Gaines finally did. They aired the whole process on Magnolia Network last summer, then opened it up for guests to tour. Now, they’re ready for someone new to write the next chapter in this historic home’s story,” a Facebook post says.
Chip and Joanna Gaines are co-owners of Magnolia Network and founders of Magnolia, a Waco, Texas-based company they started together in 2003.
The couple is not directly involved in the sale. Interested parties can reach out to either listing agent. They are Melissa Miller (254) 855-5989 and Amanda Nesbitt (254) 723-5816 with Magnolia Realty.
Editor Kimberley Haas contributed to this article.
Read More Articles:
Luxury Markets: What Do The Wealthy Really Want In Their Homes?
Mortgage-Free Living: Are Americans Paying Off Their Houses?