Oregon Coast "beacon on a hill" under contract to highest bidder following live auction by Concierge Auctions

Jul 25, 2014

CLOVERDALE, Ore., July 25, 2014 /PRNewswire/ -- Concierge Auctions, a luxury real estate auction firm serving high-net-worth individuals worldwide, today announced the successful auction of Nestucca Sea Ranch, a picturesque 25-acre ranch surrounded by the Pacific Ocean to the west, a large state park to the north, and a refuge for wildlife to the east. The property went under contract following last night's live auction in cooperation with Dennis M. Regen of Prudential Taylor & Taylor Realty Co. The buyer is from out-of-state and is represented by Wayne Christianson of Emerald Coast Realty – Depoe Bay.

Photo - http://photos.prnewswire.com/prnh/20140725/130393

Unique attributes of Nestucca Sea Ranch include:

  • 25+ private acres overlooking the intersection of the Little Nestucca River and the Pacific Ocean and with direct access to two secluded beaches
  • A 7,500-square-foot residence, with additional boat house with water access and guest house with extensive decking and 2-car garage
  • Close proximity to Portland, a mere 1.5 hour drive away
  • An octagonal lighthouse with lights in the lantern room sourced from the Academy Award winning film, Titanic

Concierge Auctions' marketing efforts resulted in:

  • Nestucca Sea Ranch being voted The Wall Street Journal's "House of the Week"
  • Over 9,000 website visits from 47 US states (led by Oregon, California, Washington and Texas) and 75 international countries (led by Canada, the UK, Australia and Russia)
  • 80 open house visitors
  • 37 showings
  • 10 qualified bidders

"In working with Concierge Auctions to sell Nestucca Sea Ranch, I've found a trusted partner that immediately understood the property's unique attributes and how to communicate them to an audience far and wide," stated the seller, John McDonnell. "I am so incredibly pleased with the end result of this auction and have them to thank for their hard work and grade-A service."

Listing agent Dennis M. Regen stated: "A property as remarkable as Nestucca Sea Ranch is going to attract attention, sure. But when you partner with Concierge Auctions on an auction like this, you know that the property will be seen by every serious buyer in the market. And with Nestucca Sea Ranch, that's exactly what happened – the amount of interest we received was unprecedented, and the result of the auction speaks for itself."

"The sellers of Nestucca Sea Ranch came to us because they had a 'best-kept-secret' property on their hands," said Laura Brady, Founder and President of Concierge Auctions. "The Oregon Coast is one of the most naturally stunning areas on earth, which makes it the perfect place to own a property, but a somewhat challenging place to sell one. At Concierge Auctions, we saw this as an opportunity not just to expand the local, state, or even national market of potential buyers, but to do what we do best — lead a truly international campaign. And that's just what we did, literally bringing a dream home to the doorsteps of sophisticated buyers in the forms of print and digital advertisements, as well as earned media from London to Sydney."

About Concierge Auctions

Founded in 2008, New-York based Concierge Auctions has quickly become the dominant player in the luxury real estate auctions sector, selling high-end properties worldwide through a transparent and market-based bidding process. Since its founding, Concierge has successfully closed over a half-billion dollars in luxury properties, with $194 million contracted in 2013 alone — at an average price of $5.4 million. The business has spanned the globe, domestically from New York to Hawaii, and abroad from Fiji to Toronto. For more information call 888.966.4759.

SOURCE Concierge Auctions

For further information: Jamie Silverstein, jamie.silverstein@portland-communications.com, (212) 415-3036