luxury home auction

River Valley Ranch, Estate of the Day

Lovers of the great outdoors should enjoy today's estate, a five-bedroom home in the River Valley Ranch community in Carbondale, Colorado that is being auctioned off on August 26 through Concierge Auctions. The home was originally listed for $1.85 million and no minimum bid is required to participate. The sale is being conducted in cooperation with listing broker and seller Daniel Bruder.

The home has views of Mount Sopris, River Valley Ranch Golf Course and Roaring Fork Valley. River Valley Ranch currently has 43 homes on the market so Bruder decided to go the auction route. The community is designed around the Jay Morrish Championship Golf Course and the Ranch House Swim and Tennis Club. It has over 250 acres of dedicated open space and is home to a conservation area with Bald eagle habitats.

The home was designed by architect Brad Jordan and uses rustic materials like barn wood, interior/exterior rock and knotty alder. The kitchen is surrounded by natural rock, rustic granite and is the centerpiece of the main floor living area. There is a private outdoor deck entered through French doors in the master bedroom. The top floor living area has a private library which offers perfect mountain views.

The onsite auction 4118 Crystal Bridge Drive will be held on Thursday, August 26 at 11 a.m. MDT. Proxy bidding is available, and a 2.5 percent commission is offered to the buyer's broker. For more information visit www.RiverValleyRanchAuction.com or call 866-605-7287.

Gallery: River Valley Ranch

Tags: colorado real estate, concierge auctions, luxury home auction, real estate

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Le Chateau Renaissance Up For Auction

by Deidre Woollard (RSS feed) —

Filed under: Estates, Auctions

Another huge home is being put up for auction. Le Chateau Renaissance is the former estate of Stephen Hilbert, the one-time head of the firm Conseco in Carmel, Indiana. Conseco, which is now insurance company CNO Financial Group Inc. is putting the home up for auction in a sealed bid auction. CNO took the house in 2005 after a dispute with Hilbert over millions he borrowed from the company to buy its stock. The bid submission deadline is August 27.

We first saw this home in 2006 when it was the the 2006 Decorators' Show House. The estate was once valued at $25 million but was listed at $20 million in 2006. An auction of the household possessions raised more than $750,000 in February 2005. More recently the home was listed at $9.9 million. With no sale, CNO decided to try the auction route instead. The seven-bedroom home is on nearly 34 acres. The 25,000 square foot main residence has a master suite with a private indoor lap pool. Continuing the fitness theme, there is also a sports pavilion with basketball and racquet ball courts, locker rooms designed to resemble Assembly Hall, the basketball arena at Indiana University. An outdoor infinity pool has a double waterfall and separate pool house. There is also a guest house and six carpeted parking bays. The Wall Street Journal reports that Hilbert has left his mark on the place in the form of lighting that bears his initials and murals one of which is a likeness of Hilbert wearing a toga (you might want to paint over that one). Bidders can tour the house until August 20, more details are available on the property website.

Tags: cno financial group, conseco, indiana real estate, le chateau renaissance, luxury home auction, real estate auction, stephen hilbert

Double H Ranch Goes Up For Auction

by Deidre Woollard (RSS feed) —

Filed under: Estates

A brand new ranch home with Big Horn views in Sheridan, Wyoming will go up for auction on July 22 through J.P. King Auction Company. The Double H ranch is on 37 acres and will be sold at absolute auction, with no minimums and no reserves. "It's pretty rare to see a brand new home like this be sold at absolute auction," said Craig King, president and CEO of J. P. King Auction Company. "Sitting in such a prime location, its beautiful location with no expenses spared makes it a prime opportunity to own a luxury home with phenomenal views at a great price."

The four-bedroom home is located in the gated community of Eaglestone. It has a separate guest suite that is completely self-sufficient for children or family to stay in the guest wing. The master suite has a cross-beamed ceiling, and spacious dressing and closet areas and heated floors in the bathroom. The property also has a wood-paneled barn with three stalls and an upstairs loft area that opens up to mountain views. The auction will take place on Thursday, July 22 at 11 a.m. on site at 85 Hollow Creek Road in Big Horn, Wyoming.

Tags: luxury home auction, real estate auction, sheridan, wyoming, wyoming real estate

Teton Valley Ranch, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates, Auctions

A ranch in Jackson Hole, Wyoming, once offered for $47.4 million will be sold to the highest bidder above $15 million on July 16. Concierge Auctions will conduct a live luxury real estate auction of the Teton Valley Ranch in cooperation with listing broker Richard Lewis of the Lewis, Lewis & Kleiman team at Jackson Hole Sotheby's International Realty.

The ranch has views of the Teton Mountain Range and is adjacent to the National Elk Refuge and Grand Teton National Park with access to the Bridger-Teton National Forest. The property will be sold via three bidding segments. Estate Parcel I, originally listed for $29.5 million, has a reserve of $11 million; Estate Parcel II, originally listed for $17.9 million, has a reserve of $4 million; and the auction for both Estate Parcels I & II, originally listed for $47.4 million, has a reserve of $15 million. The seller is obligated to sell the properties to the highest aggregate bids above the reserve amounts.

The property was founded in 1927 as a cattle ranch and previously owned by a son of David Abercrombie, co-founder of the Abercrombie & Fitch chain. Nestled among 52 acres of perfectly preserved wildlife, the residences in Estate Parcel I include a main residence with beautiful views of the Tetons. It measures more than 10,000-square-feet and is 90 percent complete (some of the listing pictures are renderings) so the new owner can add their own finishes. The house overlooks a warm springs lake that remains approximately 70 degrees year-round. One particularly nice feature is the atrium off the kitchen which faces the lake. The home opens into an expansive hall with stained glass windows. The master suite features an office/study area, private deck and a wrap around his and her walk-in closet. Also in this parcel is a two-bedroom log-cabin guest home on the edge of the property across the warm springs lake from the main residence.

A rare riverfront property, Estate Parcel II has direct access to approximately ¾ of a mile of the Gros Ventre River. The river is a tributary of the Snake River, noted for its excellent Snake River Cutthroat trout fishing. This property includes the Marlboro barn which was made famous by the 1971 Western epic, "The Wild Country." The barn has existed for nearly a century and has been featured in a number of memorable advertisements, photographs and movies. This estate includes a 1,700-square foot home with three bedrooms and three baths, as well as two log cabins.

The Teton Valley Ranch auction will be held live, on-site, on Friday, July 16 at 11 a.m., MDT. Attendance will be limited to registered bidders and their representatives and bidder registrations are due by Wednesday, July 14. The property is available for preview daily by appointment. For more information visit TetonValleyRanchAuction.com.

Gallery: Teton Valley Ranch

Tags: estate of the day, jackson hole, luxury home auction, real estate auction, teton valley, tetons, wyoming real estate

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Spring Creek Ranch, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

The latest offering from Concierge Auctions takes us to Bitterroot Valley, Montana for the luxury real estate auction of the Spring Creek Ranch on July 7. The sale is being conducted in cooperation with Prudential Montana Real Estate. This expansive property offers 181 acres of room to roam with 1.5 miles of Bitterroot River frontage and multiple stocked ponds for fishing. The property includes two guest houses, equestrian facilities and the nine-bedroom main residence.

The main living area in the house is dominated by a massive 400-ton stone hearth fireplace that forms the heart of the home. The use of stone and rough timbers give this luxury residence a rustic appeal and huge windows show off natural vistas. The larger of the two guest residences, Fish Camp, is a two-bedroom house adjacent to the Bitterroot River with a hot tub and authentic wood stove. The other residence acts as the estate gate house at the second entrance to the property. At the main house there is a chandeliered dining pavilion with wood burning pizza oven and grill and a built-in fire pit with amphitheater-style seating.

This home was originally listed for $13 million. The auction has a published reserve of $4.5 million and a pre-sale estimate of $6 to $8 million.

Gallery: Spring Creek Ranch

Tags: concierge auctions, estate of the day, luxury home auction, montana real estate, real estate auction

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Felicity Farm, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates, Auctions

You have to love a picturesque estate with the happy name of Feilcity Farm. This home in Wawa, Pennsylvania is being auctioned off on June 9 through Concierge Auctions. The home is a 15.8 acre estate located a half hour's drive from Philadelphia.

The main house has a brick and stone exterior. There are six bedrooms including two master suites. It was built in 1936, expanded in 1938 and then again in 1948. The home has a large lower level area for entertaining. The formal entry hall has gold leaf wall finishing and lighted sconces. The main staircase has a painted sky ceiling above and a crystal chandelier. A grotto, accessible through pocket sliding glass doors from the formal living room, adds a unique architectural feature to the home. The home also has several beautiful tiled fireplaces including one with an "Alice in Wonderland" motif. Outside there is a barn, paddocks, a indoor riding arena and a separate apartment.

It was originally listed for $3.7 million but is is selling with a reserve of $1.5 million and a pre-sale estimate of $1.9 million to $2.49 million. The sale is being conducted in cooperation with Debbie McCabe of Prudential Fox & Roach

Gallery: Felicity Farm

Tags: estate of the day, felicity farm, luxury home auction, pennsylvania real estate

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Bank-Owned Luxury Home Up For Auction

by Deidre Woollard (RSS feed) —

Filed under: Estates

One of the most luxurious homes in Nashville, Tennessee's Forest Hills community is headed for auction on June 5. The home was built in 2007 at a time when luxury homes in Tennessee were having a hard time selling. The home is now owned by Pinnacle Bank and has never had an owner. The five-bedroom home on 2.32 acres will be sold in an absolute auction meaning that it will sell regardless of price. The home has approximately 8,600 square feet, a master suite with a see-through fireplace, a home theater and a wine cellar. It is being auctioned off by McLemore Auction Company and the buyer must put down a ten percent deposit immediately after being named the high bidder with escrow closing by June 28.

UPDATE: This home sold for $1.1 million.

Tags: luxury home auction, nashville, real estate auction, tennessee

Benchoff Estate, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Today's estate offers you the chance to be somewhat distant neighbors with the Presidential retreat of Camp David. On June 12, Concierge Auctions will host a luxury real estate auction of a 150-acre equestrian estate. The J. Martin Benchoff Estate is a family compound located on Old Route 16 in Waynesboro, Pennsylvania, only a 90-minute drive from both Washington, D.C. and Baltimore, and 3 hours from Philadelphia.

The compound has four residences including the main house, a 15,000-square-foot custom home built of native stone and positioned for beautiful views. The main house has five bedroom, two kitchens, a master suite with a Jacuzzi room and separate redwood sauna. The great room on the lower level can accommodate more than 100 people for entertaining and has a wet bar, kitchen with wine cellar, and a library with built-in bookshelves. Outside a flagstone patio circles the house and leads to an in-ground swimming pool with pool house and a fenced tennis court.

The property includes mature forests stocked with wildlife including deer and wild turkey and there is also an equestrian facility with stables and outbuildings and a working farm on the property. Access to the Appalachian Trail is an estimated 100 yards away.

The home was originally listed for $7.9 million and is selling with a reserve of $3 million and a pre-sale estimate of $4 million to $5.8 million.

UPDATE: This auction has been moved to June 25.

Gallery: Benchoff Estate Auction

Tags: estate of the day, luxury home auction, pennsylvania, pennsylvania real estate

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Swan Lake, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

You'll have to move fast if you want today's home, it's headed for auction next week. The 7,574 square foot log cabin in Swan Lake, Montana was once valued at $2.65 million but will be auctioned online by Real Estate Disposition LLC on its website, Auction.com, on May 3.

The four-bedroom home overlooks Swan Lake and has a private gravel beach. The expansive property has an open floor plan and balconies and decks open out onto the vista of mountains and water. There are rock fireplaces, a billiards room, theatre, wine room and home office. The starting bid is $599,000.

Gallery: Swan Lake

Tags: estate of the day, luxury home auction, montana real estate, real estate auction, swan lake

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Via Del Lago, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates, Auctions

The latest luxury real estate auction from Concierge Auctions puts a Palm Beach, Florida home on the market for a new low price. The home at 100 Via del Lago was originally listed for $10.75 million but when it goes up for bid on May 22 it will carry a pre-sale estimate of $3.85 million to $4.35 million. The auction has a reserve of $2.95 million.

The four-bedroom home is located on over half an acre in the estate section of Palm Beach and is a short walk from a private beach. The home has four bedrooms with more than 5,500 square feet of living space. The home also has a custom outdoor pool, patio and expansive terrace.

The home is owned by Nancy Mendel, a Palm Beach real estate agent. Mendel is a longtime real estate agent affiliated with Sotheby's' Palm Beach brokerage. She built and later renovated the house on Via Del Lago but lives in another home she owns in Palm Beach and leases the Via Del Lago property which has been on the market about three years.

Gallery: Via Del Lago Home Auction

Tags: concierge auctions, estate of the day, luxury home auction, luxury house auction, palm beach

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30 Luxury Properties Up For Auction In Park City, Utah

by Deidre Woollard (RSS feed) —

Filed under: Auctions, Real Estate Developments

We've seen a rash of condo and luxury home auctions in the Park City, Utah area before but nothing like this. On May 1 30 luxury properties ranging from condos to land to luxury homes will be sold in an auction conducted by U.S. Auctions & Realty. Among the properties is the one that once belonged to cookie queen Mrs. Fields. The 24,000 square foot home is on 51 acres in Wolf Creek Ranch. The press release doesn't mince words saying that "the bank is willing to take whatever they can get." The mansion was appraised at $3.8 million and has a current starting bid of $1.6 million.

Should the cookie palace not interest you, you could score 61 acres adjacent to Mitt Romney's former home in Deer Valley or how about 9,300 square foot winter wonderland where Paris Hilton stayed while playing in Park City? In total five properties are being sold "absolute," meaning that they will sell regardless of the final bid price.

Franz Prossegger, a developer, originally listed his home for more than $8 million, and now the starting bid is $2.995 million. When asked why he chose to put his 8,300 square foot new home in Deer Valley (the site of a recent Hollywood movie) into the auction, Prossegger said, "I like the extra exposure the auction method brings. The right buyer will find this property and will get a great deal through the auction."

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Tags: auction, condo auction, luxury home auction, luxury housing real estate, park city, utah

"Million Dollar Listing" house in Malibu to be Auctioned -- at 65 Percent Off Original listing price

by Ann Brenoff (RSS feed) —

Filed under: Estates, Auctions

Apparently not even a starring role on what is arguably the most-watched real estate "reality" show -- Bravo's "Million Dollar Listing" -- was enough to attract buyers to this 5,634 square foot home in Malibu. The canyon property is headed for a live on-site auction on May 22 with the opening bid set at $1.9 million -- substantially down (65%) from the original listing price of $5,495,000.

Expect the house to sell for just under $3 million, says Malibu Prudential agent and local blogger, Mike Gardner. Gardner lives near the listing himself and actively tracks the local Malibu market on his web site. The auction has a reserve, which if not met, means the house won't be sold.

The four-bedroom architectural home is located in a private, gated canyon with mature oak trees and streams. It is a short walk to the beach through a tunnel and the home has ocean views. It sits on a flat acre and there is a detached one-bedroom, one-bath guest house. The state-of-the-art kitchen includes stainless steel appliances. The flooring is white marble, imported from Greece. The driveway and motor court are constructed of Arizona flagstone. Katie Bentzen of Arete Estates shares the listing with Hilton & Hyland's Chad Rogers, one of the three "Million Dollar Listing" stars.

Tags: luxury home auction, luxury housing real estate, malibu, malibu house auction, malibu real estate, mike gardner, Million Dollar Listing, million dollar listings, real estate auction

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Chateau Elan, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates, Auctions

A home in Braselton Georgia's Chateau Elan gated community will go up for auction on April 7. The home was appraised at $2.2 million but will be sold to the highest bidder over $395,000. A press release states that the home is being sold due to the owner's relocation. Mike Fisher auctioneer and chief executive officer of United Country – The Redfield Group, states that the home is not in foreclosure, "the sellers are relocating, and they recognize the value of using an accelerated method of marketing – in other words, an auction – to sell their property."

The 9,000 square foot home was featured in From House to Home in 2003. It has five bedroom suites plus a luxurious master suite, as well as six bathrooms. There is a gourmet kitchen, formal living and dining rooms, brick wine cellar, wet bar and grand foyer with twin staircases. The home has hardwood floors, three fireplaces, pool, pool house with a bedroom and bathroom, a gazebo and extensive landscaping on two acres. Detailed information about the home for sale can be found online at www.redfieldgroup.com.

Gallery: Chateau Elan

Tags: chateau elan, georgia, luxury home auction, luxury real estate

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Chula Vista Luxury Home Up For Auction

by Deidre Woollard (RSS feed) —

Filed under: Estates

Looking for a new home just in time for Christmas? A gated home in Chula Vista, California near San Diego will be up for sale on December 17 through Concierge Auctions.The property is listed by Bobby Martins of RE/MAX Associates in cooperation with Coast Sotheby's International Realty.

The 5,400-square-foot home was previously offered for $1.785 million and is located in the Gates at Eastlake Woods in Chula Vista. The home features six bedrooms, three fireplaces,large entertaining rooms, and travertine stone floors. The second level has a game and media room, completely separate from the living areas. The grounds include a courtyard, attached three-car garage and a flagstone pool and spa. The auction will be held at 2pm PST on December 17 at 2856 Gate Nine Place in Chula Vista, California. No minimum bid is required to participate but a $10,000 deposit via wired or certified funds is necessary to bid.

Gallery: Chula Vista

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Tags: chula vista, ChulaVista, luxury home auction, LuxuryHomeAuction

Luxury Homes And Condos Up For Auction In Dallas

by Deidre Woollard (RSS feed) —

Filed under: Real Estate Developments

Luxury homes and condos continue to hit the auction block. In the Dallas area, homes and condos which once were priced over $1 million will be available at bargain prices during an auction on November 7. Fifteen luxury homes in McKinney's Craig Ranch area and 29 high-end condominiums in Dallas' Preston Hollow neighborhood will be auctioned by the Kennedy Wilson Auction Group. Bidding on the homes will start at $125,000 to $370,000 and starting bids for the condos in Park Hollow, in the Preston Hollow area, will range from $215,000 to $495,000. The auction will take place at the at the Hilton Anatole in Dallas and Kennedy Wilson is holding informational meetings in advance of the event.

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Tags: auctions, condo auction, CondoAuction, dallas, luxury home auction, LuxuryHomeAuction, real estate auctions, RealEstateAuctions, texas