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Osborne Lake House Sells on Final Day of Auctions

By: KARK 4 News
Updated: June 11, 2012
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Sunday was the final day auctioning off the property of Jennings Osborne.

The philanthropist died last July, reportedly leaving behind quite a bit of debt.

Since Wednesday, nearly everything from signed collectibles, fur coats, furniture, and properties with big price tags hit the auction block.

Last up Sunday: the family's lake home off of Tanglewood Road in Hot Springs.

The three bedroom house with five bathrooms sold for a final price of $925,000. The total includes a buyer's commission.

Boats and other items also sold Sunday in Hot Springs.

His family says while these items may be moving on to other owners, they hope the memory of Jennings Osborne will still live on.

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