Negotiations continue into the sale of a luxury Albury home after an auction on Saturday failed to attract a bidder.
About 15 people watched on as auctioneer Geoff Stean, of Stean Nicholls Real Estate, called for bids for 82 Silk Lane, which sits on 9.5 hectares backing Nail Can Hill Reserve. Receiving no response, Mr Stean passed in the property.
Agent Nicholas Clark later said talks were ongoing.
Built in 1999 by owners who are now downsizing, the home offers 337.8 square metres of living area.
The porch/pergola measures 52.38 square metres.
The formal entrance includes a custom designed keyhole window overlooking an internal courtyard, with a sitting room and dining room either side.
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A large family and meals area features granite benchtops, a walk-in pantry and a cellar with wine racks.
Nearby is a sitting area, study and additional guest bathroom.
There are three bedrooms and the main suite has a dressing room, garden access and an en suite while the family bathroom has a spa.
Among the home's features are high ceilings, multiple French doors with arched windows, spotted gum floors and marble-topped vanities.
The property is located about seven kilometres from central Albury and its quiet surrounds would provide privacy and a rural feel for residents.
Mr Stean said the architecturally-designed home was built by Albury builder Graeme Chugg, now of Modem Construction Group.
"What you have here today, in my humble opinion, is a magnificent opportunity," he told the auction onlookers.
"Twenty-plus acres, very quiet, beautifully landscaped gardens that have had the benefit of 20 years' growth."