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An auction company has sold the NASCAR France family's Daytona estate for less than $5 million.

An auction company has sold the NASCAR France family's Daytona estate for less than $5 million.

An auction company has sold the NASCAR France family's Daytona estate for less than $5 million.

DAYTONA BEACH - An unnamed Florida couple bought the estate of late NASCAR heiress Betty Jane France for just under five million dollars, the company handling the home's latest auction said in a press release Wednesday.

Data shows it is the second most expensive home ever purchased in Volusia and Flagler counties.

3.8-acre estate in Daytona Beach on the Halifax River built by the late Bill France Jr. and his wife was sold June 3. According to Volusia County, it went for $5.2 million to own the property.

In a press release, Platinum Luxury Auctions said that due to the fact that the buyers, whose names were not disclosed, took advantage of a discounted offer for''s pre-submitted bids, the final sale price of the home totaled just under five million dollars before closing costs.

The auction was held right in the house with prominent realtors in attendance for the sake of the various bidders.

The most expensive home sale in history in Volusia and Flagler counties is believed to be the compilation of a 5.25 million sale of an oceanfront home at Hammock Dunes in Palm Coast in 2004.

Without the discount adjustment, the rough price for the France home would have been "around or above $5.25 million," said David Ashcroft, Platinum's director of business development. "But this is the 2017 market - not the 2004-2006 market - so our client was pleased with the overall result. "

About two-thirds of the eight participants''s auction came from Volusia/Flagler and is labeled by the company.

President and Platinum founder Treyor Lesnock observed that the market in Daytona "just doesn't attract the same international interest as the market in Palm Beach, Miami or another similar area of Florida. "

The FranceHouse, located at 1600 S. Peninsula Drive, includes a 17,000-square-foot home, a 1,700-square-foot guest house, a pool and a 150-foot dock.

In June, Rachel McGrath, a realtor with Premier Sotheby's International Realty in Port Orange, said such a home could sell for more than twenty million dollars on the same South Florida site.

Till then, the France home has gotten a lot of attention. According to the auction company, its Web site, which''s posted photos of the home attracted more than 31,700 page views.

Ryan Adams, a realtor with Adams, Cameron & Co.

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Realtors, toured the estate before the auction and described it as "one of the most extraordinary properties in Volusia County. "

France died on Aug. 29, 2016. She was 78. She was known for her charitable and philanthropic endeavors, including the creation of the NASCAR Foundation. Her passing will divide her legacy equally between her two children, Brian France, chairman and CEO of NASCAR, and Lesa France-Kennedy, CEO of International Speedway Corp. and vice president of NASCAR.

The winning bids for her former home were made by a Florida couple who wished to remain anonymous, the auction company said. Although the press release said,''that the deal should close by July 4, the Volusia County Clerk's office said as the deal closes, the sale documents have not yet been received.

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