Concierge Auctions Sells Luxury Rocky Mountain Residence in the Prestigious Club at Cordillera in Vail Valley, Colorado

Global exposure garnered 14 bidders from eight US states and the Czech Republic

PR Newswire
VAIL, Colo.
Sep 30, 2010

VAIL, Colo., Sept. 30 /PRNewswire/ -- A magnificent Rocky Mountain residence located within the exclusive Club at Cordillera in the Vail Valley, one of the most sought after mountain destinations in the world, sold today at a live, on-site auction, Concierge Auctions has announced. The sale was conducted in cooperation with listing broker Suzi Apple and buyer's agent Robert Schilling, both of Gateway Land & Development.

"I am thankful to the Concierge Auctions team for their diligent and expert work," stated Seller David White. "The widespread exposure and corresponding buyer interest was undeniable, generating ten times the activity in 30 days than the property had experienced in the prior 18 months. While I was hopeful for a higher price, I am satisfied with the outcome amidst today's challenging environment."

The extensive global auction exposure produced 150 interested prospects and 14 bidders from eight US states and the Czech Republic. The auction website experienced 4,239 visitors from 66 countries - led by the United States, Canada, United Kingdom, Mexico, Australia and China - and from all US states.

"The members of Concierge Auctions are experts in accelerated marketing, knowledgeable about luxury properties nationwide and experienced in dealing with high-end clientele," stated Apple. "I would unquestionably recommend Concierge Auctions to any luxury broker searching for additional marketing tools to offer towards their clients."

Inspired by the romantic architectural style found in the remote mountain villages of Italy, 50 Spring Creek Place offers 11,026 square feet of living area with five bedrooms and seven and one-half bathrooms and showcases soaring vaulted ceilings and integrated living spaces that seamlessly beckon the outdoors in. Overlooking Spring Creek with the Sawatch Mountain Range as its stunning backdrop, the home features custom finishes throughout, including reclaimed Java limestone, exquisite fixtures, handsome stone walls, rich wood and beam ceilings, stunning archways and gorgeous iron railings.

The Club at Cordillera is the recreational and social centerpiece of the most extraordinary private mountain community in North America and truly is life at its best. From the Vail Valley floor to Cordillera's Summit, Tom Fazio, Jack Nicklaus, Dave Pelz and Hale Irwin have crafted four extraordinary golf courses, each with an award-winning clubhouse and its own special ambience and culinary experience. Within its thousands of acres, Cordillera has private Eagle River fishing; an acclaimed spa; an indoor equestrian arena; miles of riding, hiking and Nordic ski trails; three tennis courts; five indoor and outdoor pools; four fitness facilities; a summer camp; and a clubhouse for children.

"This was an ideal assignment for us, as 50 Spring Creek is one of the most premier residences in the Vail Valley and as Mr. White trusted in our auction platform," stated George Graham, CEO of Concierge Auctions. "With over $70 million in sales year-to-date, and with an average contract price of $3 million, Concierge Auctions is proving time and again that our white-glove auction process is the best way to deliver market value in a predetermined timeframe for the most magnificent properties in the country."

Concierge Auctions is currently accepting applications from luxury sellers nationwide with premier, storied properties. Upcoming auctions in the Rocky Mountain area include the Flying Horse Ranch south of Denver, an extraordinary 3,600-acre ranch that will sell absolute on October 22 (www.FlyingHorseAuction.com). Concierge Auctions' innovative auction platform offers a 60-day disposition solution from engagement to closing. For more information about Concierge Auctions and its services please call 888-966-4759 or visit www.ConciergeAuctions.com.

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 50,000 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.

SOURCE Concierge Auctions


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