Outdoor Enthusiasts Take Notice: Private Alaskan Waterfront Portfolio To Sell At Auction Without Reserve Via Concierge Auctions

Unique personal sanctuary named Hidden Bay Retreat, located in the heart of Southeast Alaska's wilderness, to sell to the highest bidder on June 20th

May 1, 2015

HOOD BAY/ADMIRALTY ISLAND, Alaska, May 1, 2015 /PRNewswire/ -- Off-the-grid recreation meets unrivaled comfort at Hidden Bay Retreat – 45.75 pristine acres, surrounded by a national monument that will sell at auction to the highest bidder next month through leading luxury auction firm Concierge Auctions. Located in the temperate southeast "panhandle" region of Alaska, Hidden Bay Retreat is an adventurer's dream come true, encompassing more than a half mile of no-bank water frontage, a 2,382-square-foot, fully furnished contemporary chalet, a detached caretakers residence and 500 feet of dock space complete with several vessels, water toys and fishing gear. Currently listed for $7.75 million, the June 20th auction will be held in Kirkland, WA without reserve in cooperation with Mary Wanzer of Coastal Real Estate Group and Dean Jones of Realogics Sotheby's International Realty.

"This one-of-a-kind, architecturally significant home offers endless possibilities. It could be enjoyed as a quiet family heirloom property, developed further as a destination fishing resort or owned by a company as the ultimate corporate retreat," Jones said. "The new owners will be able to move in right away, just in time for summer, and can take advantage of the Hidden Bay Retreat lifestyle, right down to its fishing lures and kayaks. Owning this property is literally like living out the pages of a National Geographic magazine every day."

Surrounded by one million breathtaking and protected forest acres in the state's more moderate southeastern climate, perfectly situated between Juneau and Sitka, Hidden Bay Retreat visitors arrive by air or boat only. Southeast Alaska is a very popular yachting destination accessed via the inside passage, which is considered among the most beautiful waterways in the world.

Its Bauhaus-style chalet - a 2,382-square-foot contemporary home masterfully designed by Architect Manfred Hecker, with interiors by Uwe Stoecker, both of Dusseldorf, Germany - accommodates nine guests comfortably in three private bedrooms. Additionally, there are three bathrooms, a great room, a chef's kitchen and a playful loft over the open living room. The property is built of solid knot-free, heartwood timbers custom milled from old growth western red cedars. Double-thick walls with double tongue-and-groove construction mean no nails or drywall were required. The property is operated by a sophisticated green utility center, allowing for every modern convenience, and can accommodate additional home sites. An engineering marvel with clean air, propane generators as well as backup batteries, Hidden Bay Retreat can be operated off the grid for up to six months at a time.

World-class fishing and gaming, wildlife viewing, hiking and boating are right outside the front door. The property features 2,200 square feet of exterior living space on expansive terraces; a custom hot tub; an outdoor fireplace; a flat beach for helicopter landing; deep bay and leeward mooring for larger sailing vessels and superyachts; and a large floating dock that can accommodate the property's fleet of fishing and service vessels. The boathouse includes a commercial fueling station for both boat diesel, gasoline and aviation fuel as well as fishing gear storage and freezers.

The seller, German-born George Herrdum, is the retired founder and owner of GFTA {1975-2012}, the pioneer in quantitative computer analysis in the foreign exchange market. In his words: "I am, at heart, a relentless adventurer. My passion is to explore, which Hidden Bay Retreat has allowed me to do. That being said, when it's time to relax, there isn't a more comfortable place in the world to do so. This estate was built as a labor of love for my family. My hope is that the new owner brings their own family and friends here to get away from the stresses of the real world, enjoy the peace and quiet and carry on its legacy."

Unlike the vast frozen state up north, Hidden Bay Retreat lies within the temperate southeast "panhandle" region of Alaska, which runs along the Northwest coastline of British Columbia, Canada and remains remarkably mild. Much of the region is included within the 17 million-acre Tongass National Forest – the largest of its kind in the United States. Outdoor recreation is within reach year-round. Winter temperatures range from freezing to the low 40s, while the summer months enjoy comfortable temperatures that range on average from the mid-40 to the mid-60s, with readings in the high-70s and even low-to-mid-80s in July and August. A rain shadow effect provided by Baranof Island, which hosts the highest mountain in the Alexander Archipelago, ensures that the Hood Bay area receives only a fraction of the precipitation experienced by Sitka or Juneau. 

Known as "an island of superlatives," Admiralty Island comprises approximately one million acres of old growth forest that was 300 million years in the making. This extraordinary natural sanctuary was designated a US National Monument by President Carter in 1980, meaning Hidden Bay Retreat is quite literally surrounded by the Kootznoowoo Wilderness Preserve. Hood Bay is a pristine ecosystem that includes a bay and two huge arms, the North Arm and South Arm, which offers impressive tidal flats for wildlife viewing and amongst the best fishing in southeastern Alaska, not to mention abundant crabbing opportunities.

"Every outdoor activity imaginable is possible at Hidden Bay Retreat. It is a dream location that cannot be replicated," said Nick Leonard, director of business development for Concierge Auctions. "We fully expect the property to have global appeal. Such a unique offering requires an equally distinctive buyer, who we're looking forward to naming on auction day."

Concierge Auctions will host a preview event at the Realogics Sotheby's International Realty office, located at 15 Lake Street in Kirkland, WA, on May 20th between 4 and 7pm. Scheduled showings will be held every Friday through Sunday beginning May 29th through auction day. Participants must RSVP by calling (212) 257-5018. Private tours can also be arranged. The auction will be held on June 20th at Realogics Sotheby's International Realty. A 2.5% commission is offered to the buyer's representing broker. See Auction Terms and Conditions for full details.

About Concierge Auctions
New York-based Concierge Auctions is 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 in 2008, Concierge's business has spanned the globe, including 27 US states and 5 countries, and the firm has produced numerous record-setting sales. Concierge recently received the "Best Overall Marketing" award from Who's Who in Luxury Real Estate, a global collection of more than 130,000 real estate professionals in more than 60 countries, and was named one of America's fastest-growing companies by Inc. Magazine.

Kari Neering Kari@relevancenewyork.com
Gina Maruschak Gina@relevancenewyork.com

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SOURCE Concierge Auctions