ConciergeAuctions

Paliku Place, Estate of the Day

Filed under: Estates

Following hot on the heels of the successful Hawaiian real estate auction last month, Concierge Auctions has announced another auction scheduled for March 8. This auction on the island of Kauai will include a 6,015-square-foot ocean bluff estate on 5.79 acres. The estate was previously offered for $9.995 million and is being auctioned with a reserve of $2 million and a pre-sale estimate of $3 to $7 million.

The home in Kealia Kai is perched atop Paliku Point and offers ocean views. The home has three bedrooms, study, exercise room, gourmet and a large great room as well as plenty of covered lanai space and a terrace. There is also a pool and spa and a detached guest house with full bathroom, kitchen and garage. The home is secure against the weather with doors and windows rated for 80-120mph winds and a whole-house generator. Other features include a digital security system, central air conditioning and central vacuum.

Also up for auction is an adjacent ocean bluff lot. The five acre lot is being sold absolute (no reserve) and has a pre-auction estimate of $500,000 to $1.5 million. The sale is being conducted in cooperation with Neal Norman, Founder and Principal Broker of Koa Properties. For more information on the auction, contact Concierge Auctions at 877-215-2370 or visit www.KauaiLuxuryAuction.com

Gallery: Paliku Place

Tags: concierge auctions, ConciergeAuctions, estate of the day, EstateOfTheDay, hawaii real estate auction, HawaiiRealEstateAuction, kauai, luxury real estate auction, LuxuryRealEstateAuction

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Cher's Home And Others Sell Big In Hawaiian Auction

by Deidre Woollard (RSS feed) —

Filed under: Estates

It seems to be a good week for luxury real estate auctions. Concierge Auctions has announced the results of the January 18 auction of Cher's home in the exclusive Hualalai Resort in Hawaii along with a bunch of other home sales. Cher's home, which she did not live in, was sold to a buyer from Arizona for $8.72 million (it was expected to fetch between $8 and $12 million). The January 18 auction included the successful sale of five properties in Kona, Hawaii, for a total of more than $19.4 million.

In addition to Cher's home, a property at 72-3209 Ka Nehe Place in the Kuki'o Golf and Beach Club and Residences, shown above, which was selling absolute was purchased by a buyer from Beverly Hills for $4.95 million. We profiled this one as an estate of the day and it is a beauty. It was previously offered for $8.45 million so someone got a great deal. A second home selling absolute in Kuki'o, at 72-3205 Punaloa Place, was purchased for $3.85 million. Collectively, the prices achieved for the homes in Kuki'o were $10 per square foot higher than the average price per square foot for other homes sold in the Maniniowali section of Kuki'o over the past six months. Two other home sites in Kuk'io sold for $990,000 and $962,000.

Gallery: Ka Nehe Place