Mansion Built for British Billionaire Family Goes on Auction Block

Court Order Forces Sale of 12,000 Sq. Ft. Waterfront Villa in
Jupiter, Florida

Watch Sale, Bid On and Steal This Estate via Live Streaming
Internet Broadcast

Formerly Appraised at More than $7 Million, Bidding Starts at $4.5
Million
JUPITER, Fla.--(Business Wire)--
If you've ever had the desire to get a peek at the inside of a
billionaire's estate, or maybe even if you have the bucks to buy one,
now is your chance to get a look at, or even take a crack at not just
buying but actually stealing a luxury waterfront estate villa for
pennies on the dollar. During a live auction simulcast on the internet
via streaming video, a global audience will have a rare and unique
opportunity to witness, or even participate in the bidding and
potential purchase of a 12,000 square feet, 5 bedroom, 8.5 bath,
one-of-a-kind custom-designed Mediterranean-style estate home that was
originally built for the extended family of renowned British
Billionaire, Malcolm Healey.

Former Billionaire's Home Up for Bidding, Live via the Internet

"At one point valued at more than $7 million," says Les Bryant,
Broker with Continental Realty Auctions,
(www.continentalrealtyauctions.com) the company charged with the
responsibility of bringing this extraordinary property to market, "a
home of this magnitude and its incredible but brief history with
ownership by not just one, but two of Great Britain's mega-millionaire
family's warrants world-wide attention."

"Villa Del Fiume" - A World-Class Luxury Estate Home

The home, "Villa Del Fiume" (which means "River Villa" in
Italian), is perched prominently on a gentle slope of nearly 2 acres
of perfectly manicured grounds with 160' of pristine frontage
overlooking the widest part of the acclaimed 8-mile stretch of
Loxahatchee River in Jupiter, Florida. Quiet and discreet, Jupiter is
a secret water-front enclave among those-in-the-know where some of the
most expensive homes in the United States are located, and owned by
some of the world's most recognized names in entertainment, sports and
business.

Jupiter, Florida - The City of Stars: Home to the World's Rich and
Famous

Meandering roads, mysteriously high hedges, imposing
gated-entrances, quiet cul-de-sacs and never-ending miles of
ocean-front, river-front and intra-coastal waterway properties are
just some of the reasons the world's rich and famous call Jupiter
home. Some of the people who have been born, lived or presently reside
in Jupiter, located barely thirty minutes from Palm Beach
International Airport, and only 23 miles from a private airport in
Lantana, include the following:

Oprah Winfrey, Tom Cruise, Celine Dion, Burt Reynolds, Bryant
Gumbell and Ralph Lauren. Sports stars include Rick Mears, Indy 500
winner, Scott Sharp - 1996 IRL Indycar champion, Bill Parcells -
Former NFL Head Coach, Ron Wolf - Former general manager of NFL's
Green Bay Packers among literally dozens of other super-successful and
high-profile individuals. Golf legends who call Jupiter home include
Tiger Woods, Jack Nicholas, Gary Player, and Greg Norman, among other
renowned professionals.

Brief History and Overview of British Lineage:

Billionaire Family Builds Breathtaking Estate Home

This stately home was originally built in 1998 for the British
billionaire family of Malcolm Healey, a kitchen-cabinet manufacturer
whose fortune was first made in the United Kingdom in the 70s, and
then again in the United States. Transferring his ideas, technology
and spirited entrepreneurship to America in the 80s, Healey founded
Middlefield, Ohio-based Mills Pride, another company of his that went
on to become one of the biggest kitchen manufacturers in the U.S. In
1999 Healey sold Mills-Pride to Masco Corporation of Taylor, Michigan
in a multi-billion dollar transaction. A few years later, Malcolm
Healey's son, Richard Healey, the primary resident of Villa Del Fiume
for whom the luxury estate was originally constructed, moved into his
new $23 million estate beach home not much farther away from this
original home.

Villa Del Fiume, Part Deux: The English Lineage Continues,
Attracting A Second British Family of Wealth

In 2001, Villa Del Fiume was purchased by Stuart Lawley, a British
dot com entrepreneur for the sum of $5.9 million, at the time it was
the highest price paid for a home in Jupiter, FL, exceeded only by the
purchase of a luxury residence at the time by Celine Dion for $9
million. Lawley had created various internet companies including
Oneview.net, a company that was listed on the UK stock exchange.
Lawley retired, selling his companies for $180 million, making him at
the time the 338th richest man in England. Lawley and his wife
presently own the home, but due to a divorce, the court has ordered
the villa, that also includes a separate 1,200 square feet, 2
bedroom/2 bath guest home with its own porte cochere and enclosed two
car garage, for sale at a minimum price of $4.5 million, a fraction of
its true value.

The Team behind Villa Del Fiume

Unlimited Resources, Unparalleled Creativity in Design and
Execution

A world-class team was assembled to help create and execute the
vision of this British billionaire family. First on board, Simmons
Building Corp., (www.simmons-building.com) a multiple award-winning
design/build firm with an exclusive reputation of building timeless,
old-world multi-million-dollar Mediterranean-style estate residences
for the extremely well to do. Next up were the creative services of
world-renowned Boca Raton-based architectural firm, Affiniti
Architects, (www.affinitiarchitects.com). With offices in the U.S. and
Caribbean, and the recipient of literally hundreds of awards for the
design of luxury high-end estate homes, this team produced Villa del
Fiume, a stellar example of the care and craftsmanship that goes into
creating an exceptional living environment for one of the world's
richest families.

An Award-Winning Team Produces an Award-Winning Home

Designed in 1995 and built in 1996/1997, it should come as no
surprise that upon its interior design furnishing completed in 1998,
Villa Del Fiume earned a number of awards and recognition by peers in
the design/build industry. This luxury estate earned the most
prestigious awards in the three most important categories. The annual
"Prism" Awards sponsored by The Gold Coast Builders Association of
South Florida recognized the home for "Best Architecture" for homes
over $1.5 million, "Best Landscape & Pool Design" and finally, "Best
Interior Design" for the work performed by the contributing interior
design team, Simmons and Saray, (www.simmonsandsarayinteriors.com).

Day, Date, Time: Live Auction with Simulcast Bidding Via the
Internet

"Villa Del Fiume" will be auctioned live, via the internet, with a
simulcast of on-site auction and bidding as follows:

Auction Details:

AUCTION TO BE HELD ON SITE - SATURDAY, APRIL 19TH, 1:00 PM

PROPERTY ADDRESS: 19681 Loxahatchee River Rd, Jupiter, FL.

Preview Details:

Prospective Buyers and Agents can preview the property daily April
5th through April 18th from 1 - 5 PM and 2 hours prior to auction.

For More Information about the home, photographs, virtual tour,
and auction registration visit: www.ContinentalRealtyAuctions.com or
call Auction Hotline: 800-577-7004

About Continental Realty Auctions

The sale and marketing of Villa Del Fiume is a joint venture
marketing effort between Continental Realty Auctions and Illustrated
Properties, a Palm Beach County Brokerage firm. Continental Realty
Auctions has been a licensed Real Estate Broker in Florida since 1976,
and actively involved in real estate auctions since 1991. The company
has sold hundreds of properties throughout the State of Florida for
lenders, developers, institutions and private sellers. The company
also works in cooperation with many real estate brokerage
organizations and with other auctioneers to achieve maximum results
for a wide assortment of clients.

About Illustrated Properties

Illustrated Properties is an established, independent real estate
brokerage firm that has established an exclusive reputation for
working with some of he world's most discriminating families to meet
their real estate needs in Palm Beach county. Recognized as the leader
in preferred properties in the Palm Beaches since 1975, our firm
generates over 2 billion dollars in sales annually. In addition to
being an exclusive affiliate of "Christie's Great Estates," the
premier luxury real estate network, the company is recognized as a
leading broker in "Who's Who In Luxury Real Estate." Illustrated
Properties has a network of over 575 experienced, professional
realtors in 20 offices throughout the counties of Palm Beach, Martin,
St. Lucie and Collier.

For Continental Realty Auctions, Jupiter
Media Contact: Jeff Mustard, Cell: 954-801-8263
jeff@TheBambooAgency.com

Copyright Business Wire 2008