Concierge Auctions to Present Impeccable Kauai Residence & Adjacent Lot at Live, On-Site Auction on August 23

Private enclave near the longest reef in Hawaii defines elegant island living

PRNewswire
KAUAI, Hawaii
Jul 2, 2010

Concierge Auctions announces another astounding Hawaiian property auction. On August 23, the firm will conduct a live, on-site auction of Pueo Point, a premier ocean bluff residence and adjacent lot located on the North Shore of Kauai, a destination of choice for luxury vacationers and A-list celebrities. The sale is being conducted in cooperation with Neal Norman of Koa Properties.

"Pueo Point redefines the meaning of impeccable. The home and grounds are a work of art and a labor of love," stated Michele Hughes of The Michele Hughes Company, developer and owner of the alluring, 7-acre property. "A world unto itself, this property is all about location and serenity. It's an enclave of privacy, yet close to every amenity you could desire including some of the Hawaii's most accredited golf courses, spas, restaurants and countless outdoor activities."

The property is being sold in two bidding segments, one for the main residence, perfectly situated on 1.32 acres, and one for the adjacent 1.67-acre lot. These parcels combined have a 2/3 undivided interest in an additional four acres of perfectly manicured common area. Previously offered for $9.8 million, the suggested opening bid for the residence is $3.8 million. Never previously listed and appraised for $3.7 million, the suggested opening bid for the lot is $1.5 million.

Perfectly situated on prestigious Anini Vista Drive, Pueo Point exudes the very essence of Kauai - secluded and casual living amidst unsurpassed tropical surroundings. The sophisticated yet comfortable home and adjacent lot are perched on a bluff overlooking Anini Beach, which boasts the longest reef of all the Hawaiian Islands. The premier, secluded property features exquisitely landscaped gardens and trails leading to the coveted beach below, a remote beach of golden sands where spinner dolphins and whales that can be seen frolicking off the shore.

"Pueo Point has been a location of choice for celebrities seeking the ultimate in privacy, as lush, tropical grounds surround this hidden oasis," stated Norman. "Anini Beach is the safest, most protected beach on the North Shore - ideal for family enjoyment, including snorkeling, swimming, beachcombing, windsurfing, stand-up paddling, fishing and kayaking. In addition, the property is in close proximity to the Prince Golf Course - ranked by Golf Digest as the #1 course in Hawaii - the St. Regis Hotel, and Hanalei Bay."

Seamlessly marrying indoor and outdoor living with nature, The Michele Hughes Company incorporates Hawaii's rich, multi-ethnic history and dramatic and breathtaking palette as the focal point of the Pueo Point home, always respecting the 'aina' and the 'mana' - the 'spirit' and the 'soul of the land'. This style defines the architecture and design of the estate - contemporary but with a sense of place and reflecting the informality, relaxation and mellowness of the Island lifestyle.

The residence includes three bedrooms, three bathrooms, an office, gourmet kitchen with state-of-the-art appliances, custom maple hardwood floors, custom teak cabinetry and floor-to-ceiling sliding glass doors with lift-and-slide systems. Every room offers ocean, garden or sunset views over the blue-sky horizon and Mt. Makana - the legendary "Bali Hai", creating an unmatched feeling of tranquility as the trade winds flow through the residence, providing natural air conditioning. The exterior of the home features a saltwater pool and spa, private shower, protected dining area, limestone lanais and ipe decks.

A mere 25 miles from the Lihue Airport, served by eight air carriers including American Airlines, Hawaiian Airlines, United Airlines and US Airways, among others, with direct flights from Los Angeles, Phoenix, San Francisco, Seattle, and an easy commute to Honolulu and the outer islands, it's no wonder why celebrities and other vacationers find Pueo Point the perfect Island escape from the everyday world.

Just minutes from Princeville, Anini Vista is a stone's throw - but a world away - from shopping, dining, tennis and golf. Book a treatment at the luxurious Halele'a Spa in the St. Regis Princeville Resort, or make a reservation at one of the hotel's fine restaurants, which include the new Kauai Grill, helmed by Michelin-awarded chef Jean-Georges Vongerichten. Play a round of golf on one of the two stimulating 18-hole and 27-hole courses designed by Jack Nicklaus and Robert Trent Jones, Jr., or head to the quaint and charming town of Hanalei, dotted with colorful stores, galleries and restaurants. Famous for its spectacular beauty, Hanalei Bay is a long half-moon of sandy beach at the base of a cliff on one side and narrowing into a rocky point on the other.

"Having sold more than $33 million in Hawaiian luxury properties over the last nine months, including homes in other exclusive communities such as Kona's Hualalai and Kuki'o, and a home owned and designed by Cher, we are pleased to have established ourselves as the luxury auction firm of choice for the Islands," said George Graham, CEO of Concierge Auctions. "We decided to partner with Michele Hughes not only because Pueo Point is one of the finest properties on Kauai but also because both of our firms share an interest in excellence and innovation. A live auction is the clear choice for Ms. Hughes and sellers like her who wish to have their property sold by a certain date and are willing and able to let the bidders determine the market price."

The live, on site auction at Pueo Point will be held on Monday, August 23 at 11 a.m. HDT. Proxy bidding is available, and representing brokers will be compensated. The property is open for preview daily from 1 p.m. to 4 p.m. and by appointment. For more information visit www.AniniVistaAuction.com or call 866-822-0865.

  1. 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.

About Koa Properties: Koa Properties, led by Principal Broker and Founder Neal Norman, is the leading real estate firm on Kauai, Hawaii. The firm represents the finest properties on Kauai. Neal has put his energy into developing meaningful and strong relationships with Kauai's county officials, architects, contractors, building trades. These relationships are a true advantage for buyers and sellers. Neal has continually been one of Kauai's top producers and most requested agents for more than 20 years. His unparalleled knowledge of Kauai's properties and land combined with his hard work and determination has earned him and his company the top position in Kauai's growing real estate market. For more information visit www.KoaKauai.com.

About The Michele Hughes Company: In its 17-year history, The Michele Hughes Company has positioned itself as a multi-faceted company, focused on land acquisition, custom home building, turnkey design and creation of luxury properties. This vertical integration provides control, continuity and a defined signature that resonates throughout each and every project. The Michele Hughes Company further distinguishes itself by acquiring real estate investments in the most exquisite locations in the world. For more information visit www.SecretBeachKauai.com.

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SOURCE: Concierge Auctions

CONTACT: Kari Neering, Rubenstein Public Relations, +1-212-843-8392,
kneering@rubensteinpr.com

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