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Chip and Joanna Gaines are auctioning off the 130-year-old castle they renovated. Take a look inside.

July 8, 2023
in Business
Chip and Joanna Gaines are auctioning off the 130-year-old castle they renovated. Take a look inside.
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A side-by-side of a castle with an inset of Chip and Joanna Gaines.

Chip and Joanna Gaines restored and renovated a castle.

Lisa Petrole/Todd Owyoung/NBC via Getty Images

Chip and Joanna Gaines are auctioning off the castle they renovated in Waco, Texas.
Called the Cottonland Castle, the historic home has four bedrooms and three and a half bathrooms.
The “Fixer Upper” stars blended modern design with the castle’s historic architecture. 

Chip and Joanna Gaines bought a castle in 2019.

A castle sits on a lawn.

Chip and Joanna Gaines bought a castle in Waco, Texas.

Lisa Petrole

As Joanna shared in a blog post, Chip had wanted to buy the Waco, Texas, property, called the Cottonland Castle, for over 20 years before they finally purchased it in 2019.

They spent the next several years restoring and renovating it, as they documented for their Magnolia series, “Fixer Upper: The Castle.” 

They completed the renovation in 2022, and they allowed groups to tour the property for $50 per ticket before the show aired later that year.

Now, the Gaineses are auctioning off the house.

Chip and Joanna Gaines sit in the window of a castle.

They restored the castle.

Magnolia

Chip and Joanna’s company, Magnolia Realty, is partnering with Concierge Auctions to auction off the castle from July 20 to July 27.

They said in a statement that they hope the person who buys the property will turn the castle into “a well-loved home once again,” according to The Wall Street Journal. 

Take a look at the home before it officially goes on sale. 

The castle was first purchased in 1890.

A living room with large windows and a fireplace.

The castle was built over a long period of time.

Lisa Petrole

According to the Concierge Auctions listing, the original buyer abandoned the castle after beginning work on it in 1890, and it was abandoned again by a second owner in 1908. 

Alfred Abeel then bought the property in 1913, and he worked with architect Roy E. Lane to finish construction on the home, keeping German castles in mind with its design, as stated by Concierge Auctions. 

Different buyers owned the property throughout the 20th century, and it fell into disrepair after becoming a historical site in 1977. By the time Chip and Joanna bought the property, it needed a lot of work. 

Chip and Joanna wanted to maintain original aspects of the house while making it work for a modern dweller.

A kitchen with white countertops and a big white refrigerator.

The kitchen was originally a dining room.

Lisa Petrole

For instance, Joanna explained in “Fixer Upper: The Castle” that the kitchen was originally in the basement, which she didn’t think would work for someone today.

The kitchen now sits on the main floor, so it’s more functional. But they maintained the original mahogany paneling on the walls, blending old and new.

The area also features a butler’s pantry with additional appliances.

The couple transformed every room in the house.

A dining room with a tile fireplace and modern, round table.

The basement was refinished.

Lisa Petrole

The basement was also completely refinished, and it now includes an entertainment room, guest room, laundry room, and game room (photographed above). 

The castle also boasts seven fireplaces.

The primary bedroom includes the castle’s original flooring.

A bedroom with a white fireplace, big chandelier, and large windows.

The primary bedroom.

Lisa Petrole

The upstairs is home to a built-in library as well as three of the home’s four bedrooms. 

According to the Concierge Auctions listing, the Gaineses also maintained the home’s original windows, which include built-in seating. 

The auction will be no-reserve, so there will be no minimum price the castle has to sell for.

A bathroom with green walls and a large bathtub.

The castle will be auctioned off.

Lisa Petrole

Although there’s no minimum, the listing does state that the bidder must provide a deposit of $100,000 when they purchase the castle.

You can learn more about the castle here.

Read next

Features
Chip and Joanna
Chip and Joanna Gaines

More…

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Business Insider – https://www.businessinsider.com/inside-chip-and-joanna-gaines-renovated-castle-waco-photos-2023-7

Tags: businessGainesJoanna
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