The Lexington Herald-Leader records the 41-acre (17-hectare) Lexington property was listed for $2.9 million, but the top bid Friday was $1.4 million.
After a seminar with Depp business manager Edward White, the auctioneers concluded the auction without a sale. The Halfhill Auction Group and White said they’ll continue speaking with interested buyers.
Although there were 14 authorized bidders, it was clear from the outset the public sale was going to be slow. An auctioneer’s recommendation the bidding start at $2.5 million drew no interest, and bidding started at $1 million.
The property includes a 6,000-square-foot house with seven bedrooms, a four-car car port, a guesthouse and three barns.
Depp is a Kentucky local created in Owensboro.