Concierge Auctions To Present Five Premier Luxury Properties at Auction in Kona, Hawaii on January 18 - Four Selling Absolute

More Than $30 Million Worth of Luxury Properties To Be Sold At Auction, Including an 8,800-Square-Foot Home Owned and Designed By Cher

PRNewswire
KONA, Hawaii
Dec 28, 2009

Concierge Auctions will host a luxury real estate auction of three spectacular new residences and two premier home sites in Kona, Hawaii on January 18. The sale will include a property in the Hualalai Resort owned and meticulously designed by award-winning singer, actor and cultural icon Cher and four properties in the Kuki'o Golf and Beach Club and Residences selling absolute, without a minimum bid or reserve. The auction will be conducted in cooperation with listing brokerage firms Hualalai Realty and Kuki'o Properties.

Kona, which means "leeward" in Hawaiian, for its location along the sunny west coast of Hawaii's Big Island, enjoys more than 300 days of warm sunshine a year and balmy, sweet-scented Pacific Ocean trade winds.

"With unparalleled natural beauty and the finest amenities imaginable, the new owners of these exclusive properties will enjoy the ultimate luxury lifestyle," stated Concierge Auctions Co-Founder Laura Brady.

Building on a centuries-old method for selling the finest art and antiquities, Concierge Auctions combines the latest technologies and marketing programs with experienced personnel to sell high-end properties in an open, competitive forum.

"The Kona-Kohala Coast is one of the most sought-after destinations in the world," stated Carrie Nicholson, Principal Broker of Kuki'o Properties. "This auction represents an incredible opportunity for any luxury buyer searching for a residence in a premier Island resort location."

72-122 Lau'eki Street - Designed by Cher

Located at 72-122 Lau'eki Street in the Hualalai Resort, Cher's magnificent 8,821-square-foot Balinese style luxury residence was completed in December 2009 and has never been offered for sale. It features a gated center courtyard leading to the main residence, which includes a master wing, great room, kitchen, dining room, outdoor living area, and infinity pool with spa overlooking the Hualalai Golf Course and the Pacific Ocean.

The courtyard is flanked by five individual bungalows - four living bungalows, three with one bedroom and one bath, and one with two bedrooms and two baths; and a media bungalow. This property is selling fully furnished, complete with custom artwork and accessories. Never previously offered for sale, the pre-auction estimate is $8 million to $12 million.

72-3209 Ka Nehe Place- Selling Absolute

Selling absolute, without a minimum bid or reserve, this property at 72-3209 Ka Nehe Place in Kuki'o was designed and furnished by its owner, architect and interior designer Jennifer Day. Previously offered for $8.45 million, with expansive ocean views, the home is as luxurious and stunningly beautiful as the private residential community within which it resides, Kuki'o, the only private Golf and Beach Club on Hawaii's Big Island.

Each of the approximately 8,500-square-foot home's 20 artfully appointed rooms and seven "lanais" -- uniquely Hawaiian covered open-air balconies and verandas -- capture stunning, unobstructed views of the ocean, as do the saltwater pool and spa on its sprawling rear lawn. The home has easy access to the blue waters and white sand beach at Kua Bay. It is selling fully furnished, complete with custom artwork and accessories.

72-3205 Punaloa Place, Kuki'o - Selling Absolute

Previously offered for $8 million, this new residence is selling absolute, without a minimum bid or reserve. Thoughtfully designed to foster gathering and entertaining, this 4 bedroom, 4.5 bath home celebrates family and friends, the very core of Hawaiian culture. At the center of the home, a massive great room offers open living amongst the kitchen, dining, media and living areas. With floor-to-ceiling sliding glass pocket doors, the walls literally disappear and complete continuity forms between life outside and in. Panoramic views of the deep blue Pacific Ocean and cool trade winds are invited to flow without boundaries. This property is selling fully furnished, complete with artwork and accessories.

Lots 26 and 29, Kuki'o - Selling Absolute

Previously offered for $2.8 million and $2.4 million, these choice home sites are selling absolute, without a minimum bid or reserve. Located in Kuki'o's premier Maniniowali Phase II, both offer expansive views of the Pacific Ocean, are prepared for construction, and are selling with complete building plans for an approximately 6,000-square-foot residence.

Auction Details

The auction of all five properties will be held on Monday, January 18th. Access will be limited to registered bidders, their representatives, and invited guests. View Terms and Conditions of Sale for full details. The properties are available for preview by appointment. For more information, visit www.HawaiiLuxuryAuction.com or call 877-215-2370.

About the Hualalai Resort: The Hualalai Resort is a residential resort community located on the North Kona coast of the Big Island. Embracing Hawaiian traditions and aloha spirit, the Resort features state-of-the-art facilities, programming and amenities. Real estate opportunities include custom homes, home sites and villas. The property is home to the Forbes Five Star and AAA Five Diamond Four Seasons Resort Hualalai, private Ke'olu course designed by Tom Weiskopf and The Hualalai Golf Course, a Jack Nicklaus Signature Design, and hosts the prestigious PGA Champions Tour Mitsubishi Electric Championship. In addition, Members of the Hualalai Club enjoy the newly enhanced Hualalai Spa and Hualalai Sports Club, beachfront dining at the Beach Tree and unparalleled retail experiences. For more information about Hualalai Resort visit www.hualalairesort.com.

About Kuki'o: Kuki'o is the only private equity Golf and Beach Club on the Big Island of Hawaii. The Beach Club includes a full service Member's Clubhouse, extensive spa and fitness facilities, dining pavilion, beach bar, a 10-hole Tom Fazio-designed short course, and Kuki'o's signature Outdoor Pursuits Ocean Sports program. Upslope from the short course is Kuki'o's 18-hole Tom Fazio-designed championship golf course, featuring dramatic panoramic views of the coastlines. The Kuk'io Golf Clubhouse includes an open air bar, dining pavilion, full size men's and women's locker rooms, and Golf shop. The amenities at Kuk'io blend with the island's natural physical features to create a truly unique environment. Nearby bays - Uluweuweu and Kua - enhance this dramatic setting, and adjacent Kikaua Point Beach Park includes two pristine white sand beaches - an ideal location for swimming and a variety of ocean sports activities.

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 10,000 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: Joshua Greenwald, Rubenstein Public Relations, +1-212-843-8037,
jgreenwald@rubensteinpr.com

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


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