Precious Moments execs put suburban estate back on market with huge price cut

The owners of the company that makes Precious Moments collectibles put their 26-acre suburban estate back on the market at a huge discount.

Jon and Missy Butcher first listed the Woodgate Estate in St. Charles for $7.9 million in 2012 and made several price cuts before taking it off the market in October at $3.5 million, according to Crain’s. It’s now listed again — at $2.5 million.

The property at 37W756 Woodgate Road features a 17,00-square-foot house with six bedrooms, a movie theater, an indoor pond and waterfall. Outside are five acres of landscaped Japanese gardens and 21 acres of natural land.

Anne Kearns and Robin Phelps of @properties now have the listing.

The Butchers’ business empire includes Missouri-based Precious Moments and an organic coffee company. It also includes companies promoting organization, goal-setting and marital romance. They declined comment to Crain’s.

While the Chicago-area luxury market had a record year in 2018, it has not been immune from challenges — particularly in the suburbs — forcing brokers to employ different tactics to keep listings from languishing.

The most famous of all languishing listings is Bulls legend Michael Jordan’s Highland Park mansion, which has yet to find a buyer despite years on the market and multiple price cuts. [Crain’s] — John O’Brien