Clearwater's Century Oaks Heading to Auction at $8.5 Million

After more than a year of sitting on the market with no takers, one of Clearwater’s most prestigious homes is going on the auction block.

Century Oaks goes up for bid with a reserve price of $8.5 million on Oct. 11, WTSP is reporting. Bidders can appear in person for the auction that starts at 11 a.m. at 800 and 802 Druid Road South.

World-champion powerboat racer and local businessman Hugh Fuller put historic Century Oaks on the market last year with an asking price of $17.5 million. Touted as the “most spectacular waterfront site in Pinellas,” on Zillow.com, the 3.45-acre spread includes a main house, a “north” house, two pools, carriage house, boat docks, basketball court, tennis court and more all behind a gated compound.

The main house covers 23,159 square feet of living space and boasts 10 bedrooms, 15 full and 9 half baths. There’s also a ball room, music studio, trophy room, library and theater. The secondary home covers 5,000 square feet and has four bedrooms, a gym and billiard room, among other features, according to Zillow.

The house hit the market back in June 2013, according to the Tampa Bay Times. The 802 S. Druid Road property was once owned by British Formula 1 racer Nigel Mansell. The sprawling estate was built in 1915, paving the way for the creation of Harbor Oaks, Clearwater’s first planned subdivision.

Century Oaks last sold in 1996 for $5.5 million, according to the Pinellas County Property Appraiser’s Office. The home’s 2013 estimated tax bill was $167,443.79, county records indicate.

Check out the full listing on Zillow.