J. Martin Benchoff Estate Near Camp David in Waynesboro, Pennsylvania Remains Available for Offers

Jun 30, 2010

The 150-acre J. Martin Benchoff Estate near Camp David with a 15,000-square-foot main residence, equestrian facilities and some of the best private property hunting in the Northeast, previously scheduled for auction on June 25, remains available for offers, announced New York City-based Concierge Auctions. Originally listed for $7.9 million, the seller will consider all offers above $2.5 million.

"We are pleased with the widespread exposure and caliber of interested parties Concierge Auctions has generated, yet once some buyers found out about the auction we believe there wasn't enough time for them to review the opportunity and step forward with their best bid," said Martin Benchoff, Jr. of the Benchoff family. "We are allowing all current prospects time to continue their due diligence, while keeping the property on the market for additional potential buyers to become involved. This is a special property, and we need to ensure we're identifying the appropriate buyer to own it for years to come."

"This significant and unique family compound has been in the Benchoff family for four generations and remains the best buying opportunity in the region," stated Mike Russo, Vice President of Project Management for Concierge Auctions. "It would be superb to continue as a family compound or be used as a company retreat. There is also development potential. The owners are fully committed to selling, and any interested parties should make an offer."

The J. Martin Benchoff Estate is located on Old Route 16 in Waynesboro, Pennsylvania, just a 90-minute drive from both Washington, D.C. and Baltimore and 3 hours from Philadelphia. The grandest of the estate's four residences, a 15,000-square-foot custom home built of native stone, is surrounded by magnificent grounds with spectacular views.

Known for its scenic vistas and lush rolling pastures, the renowned private hilltop estate rests 1,000 feet above sea level with stunning 50-mile views of the historic Pennsylvania/Maryland Cumberland Valley. The property offers a rare blend of mature forest and pristine landscaping. It has been impeccably maintained for over a century and is a sportsman's hunting paradise - offering whitetail deer, wild turkey and small game. The late J. Martin Benchoff was an avid hunter. There is also an equestrian facility with stables and outbuildings and a working farm on the property, and access to the Appalachian Trail is an estimated 100 yards away.

"Working alongside Concierge Auctions on two successful sales of luxury homes over the last two months, I know first hand that they're the best auction firm in the industry," stated Gary Gestson, a certified Historic Property Specialist with Long & Foster Real Estate and the listing agent on the property. "The exposure for this property has been top-notch, and I look forward to our continued, collective efforts over the coming days to identify the next owner."

For more information on the J. Martin Benchoff Estate, or to submit an offer, visit www.BenchoffEstateAuction.com or call 866-647-9419.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-end sellers nationwide. A leading provider of services for individual and institutional owners of luxury residential real estate, Concierge Auctions is revolutionizing the industry by offering an accelerated marketing process that obtains fair market value for high-end properties in a determined time frame. Building on a centuries-old method for selling the finest art and antiquities, the company combines the latest technologies and marketing programs with experienced personnel to generate the maximum value for the most premier properties in an open, competitive forum. As a preferred auction provider to Sotheby's International Realty® and other luxury brokerage firms, the company has executed auctions throughout the country, from New York to Hawaii. The company's database includes more than 30,000 luxury real estate buyers and agents from all 50 states and 38 countries and territories. The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury real estate sales over the past 10 years. For more information, call 888-966-4759 or visit www.ConciergeAuctions.com.

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SOURCE: Concierge Auctions

CONTACT: Kari Neering, Rubenstein Public Relations, +1-212-843-8392,

Web Site: http://www.conciergeauctions.com/