Auction is planned in exclusive New York neighborhood, the site of F. Scott Fitzgerald’s The Great Gatsby.

Platinum Luxury Auctions, a national market-leader in luxury real estate auction sales, will auction an exclusive, point lot property in the Village of Centre Island within the town of Oyster Bay, New York. The peninsular property boasts 4.19 acres and an 11,000-square-foot estate. Recently listed for $12 million, the property will now sell to the highest bidder at or above the auction’s reserve price of only $6 million on June 28th, 2014. The property is offered by listing agents Lorna Mann and Robert Olita of Douglas Elliman Real Estate.

“It is not possible to recreate the location, size, and views offered by this property anywhere within Oyster Bay, and certainly not on Centre Island,” said Trayor Lesnock, Platinum’s president and founder. “This area has long been one of New York’s toniest enclaves, and we’re confident buyers will see the rare value in an auction purchase opportunity in this type of location.”

The estate was designed to provide its owner with panoramic water views of the Long Island Sound and Cold Spring Harbor from nearly every room. The large home and attached guest house offer a total of 9 beds, 8 full and 1 half bath. Interesting property features include a push-button system that washes salt water from the estate’s exterior and a geothermal heating and cooling system that uses groundwater to maintain a balanced temperature. The estate also offers a large, in-ground pool and spa tub, a 3-story elevator, and a back-up generator. The property’s perimeter is reinforced with a steel bulkhead.

Located in the town of Oyster Bay on what is known as the Gold Coast of Long Island, the Village of Centre Island is the most exclusive neighborhood west of the Hamptons, just north of the main east-west state highway 25A, and accessible by only one road guarded by village police, ensuring the privacy and safety of the community. The 605-acre peninsula, just 30 minutes from Manhattan, has over four miles of coastline bordered by Cold Spring Harbor, Oyster Bay Harbor and the Long Island Sound, and is quickly becoming known as the sailing mecca of the North Atlantic.

The Gold Coast is also home to some of the wealthiest families in America, including The Vanderbilts, Astors, Pratts, Morgans, and served as the set for F. Scott Fitzgerald’s The Great Gatsby. Other notable Centre Island residents have included musician Billy Joel, Academy and Tony Award-winning lyricist Alan Jay Lerner, media tycoon Rupert Murdoch, and political commentator Sean Hannity.

Beginning June 4th, property previews may be scheduled by appointment between 12pm and 5pm every day until the date of the auction. Interested parties may visit or contact a Platinum representative at 800-262-5132 for additional auction details.