I've found more than a few luxury home auctions in Florida, but now the luxury home auction business model is hitting Arizona in a big way. On April 30, Eric Nelson Auctioneering, in association with the Larsen Company, will auction off 14 properties from LaBlonde Homes and Sundance Housing in the Scottsdale area. Homes worth as much as $3.495 million will be auctioned off. The auction also includes several one-acre homesites with an estimated value of $300,000 available at a starting bid of just $75,000. The opening bids for the million-dollar-plus homes are all just about half the estimated value of the home. Open houses are held every Saturday and Sunday from 12-4 p.m. and the homes will also be open auction day from 12-4 p.m. The gallery below features the top seven most expensive homes in the auction. Happy bidding.
Gallery: Arizona House Auction
