Luxury Condos Go Up For Auction In Sun Valley

by Deidre Woollard (RSS feed)
Dec 28th 2010 at 9:00PM

Idaho's Sun Valley is a popular second home location. You can pick up yours at a grand reopening auction for 11 condominium residences at Chilali, a luxury development comprised of one- and two-story homes in Ketchum, Idaho.

Accelerated Marketing Partners (AMP), is expecting bidders to come from areas across the country. The auction will be held on February 19 at Sun Valley Resort, with minimum bids ranging from $295,000 to $825,000, up to 66 percent below previous asking prices of nearly $2.2 million.

The homes have custom hardware, natural wood-wrapped windows and doors and contemporary lighting. There are 25 spacious one-, two-, and three-bedroom homes in total at Chilali, ranging from 1,612 square feet to 3,200 square feet. Homes have large windows with unobstructed views of the Bald and Dollar mountain ranges. Open floor plans allow for top-floor vaulted ceilings and central great rooms.

Homes up for auction start with a one-bedroom unit that has a minimum bid of $295,000, which is 58 percent below its previous asking price of $695,000 and go up a three-bedroom-plus-den home that is approximately 2,793 square feet and has a minimum bid of $695,00

Residences have gourmet kitchens with stainless steel appliances and full-slab granite countertops. Master baths have separate showers and jetted marble tubs.

On-site amenities include a rooftop, open-air entertainment area, complete with an outdoor barbeque, fireplace and oversized hot tubs; a spacious, state-of-the-art fitness center with top-of-the-line equipment, sauna, and flat-screen TV and games; ample resident storage with private ski-lockers; and a full-level of underground parking.

For information on the Chilali auction, please call 888.867.2306 or visit www.AuctionSunValley.com.

Tags: idaho, idaho real estate, ketchum idaho, sun valley

Filed under: Auctions, Real Estate Developments

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Reader Comments (Page 1 of 2)

APerfectGentlman Dec 30th 2010 8:24AM

This is an advertisement masquerading as an article.

Brock Dec 30th 2010 9:16AM

True, but it gives us all something to dream about!

Jorge Dec 30th 2010 9:21AM

This is not an article - it is an advertisement. Shame on AOL for trying to present it as news.

chckpope Dec 30th 2010 9:54AM

I hate to tell you but this is NOT a million dollar home, maybe $200k at the very most. I build for a living and I'm here to tell you nothing about this property stands out. A million dollar build out pops, it says something, these pics are run of the mill track home stuff. I'm sure this is the best you have to offer since you always use your glam shots for your ads.

italy4fun Dec 30th 2010 10:01AM

that could be true.. 200k though doesnt buy you much these days in some places. its not just the materials its also location location location...

jktejas Dec 30th 2010 10:35AM

It appears you're not a skiier. There is more to the value of property than just the condo/house itself. A condo in one of the world's premier ski resorts is going to be valued higher than a comparable home in a non-resort area. If I could talk my spouse into such a venture, I would grab my skis and head there for such a deal in a heartbeat.

Denise Dec 30th 2010 8:25PM

That's 'tract' home. An actual realtor knows that.

Karen Dec 30th 2010 11:01AM

Hey all your skiers...you can have it! Whoopee! That leaves the real deal upscale foreclosures to the more savvy real estate investors who want more than "Frosty" to look at every morning.

OINKJOHNSON2 Dec 30th 2010 12:46PM

I would bet that many of the homes offered for auction do not fetch the minimum asking price. With only 11 on the auction block, how many people will go to Ketchum, Idaho, for goodness sakes? Another example of a builder's over-exuberance (you know, build it and they will come). By the way, when were these homes built? If in the past year, that would mean construction took place long after we knew housing was in free-fall. Not too bright.

al Dec 30th 2010 12:20PM

The author must live in the hood. That's luxury ???
The master bedroom had eight foot ceilings and was small, the kitchen was so common with moderate hardwood cabinets. most of the walls were plain painted sheetrock, and most obvious of all, THE UNITS WERE ATTACHED and built from a textured wood composite on the exterior.

Man, that's the lowest grade of exterior finishing ala the 1970's. Please have someone write an article THAT HAS SOME IDEA OF WHAT THEY ARE TALKING ABOUT !!!!!

Mike Dec 30th 2010 12:45PM

Hey you softballs, I'll take a condo in Sun Valley any day-even one of these condos. Do you know what $800, 000 buys in Chicago, Glenview, Park Ridge, or Palos Hills, IL. It buys shit constructed by Eastern European mouth breathers and taped by their undocumented immigrant south of the border breathren! And there is a 50/50 chance you're neighbor will be a recent parolee with an ankle monitor on his leg watching Oprah all day long in his rent subsidized apartment that you're paying for as well. Do one of these condos in Sun Valley still seem that bad? No, I didn't so. Man, where do we get some of these knuckleheads, no wonder Obama won...