Concierge Auctions to Sell Three Luxury Estates in Vail Valley, Colorado at Auction on December 23rd

The highest bidders will ring in the New Year in their new mountain homes

PR Newswire
VAIL, Colo.
Dec 1, 2011

VAIL, Colo., Dec. 1, 2011 /PRNewswire/ -- Prospective buyers interested in owning a new mountain home in Vail Valley just in time for the holidays will have the opportunity to bid on three separate luxury residences during an auction on December 23rd, Concierge Auctions has announced. Two of the properties, located on sought-after Beaver Dam Road in downtown Vail, were originally listed for $13.95 million and $9.95 million, respectively. Their opening bids are $6.995 million and $4.995 million. The third property, located on Lake Creek Road in nearby Edwards, was originally listed for $21.5 million and has a starting bid of $3.995 million.

"We're excited to bring these spectacular properties to auction just before the holidays, as Vail Valley is such a special place this time of year," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "This is a unique and incredible opportunity to own a luxury estate with starting bids 50 to 80 percent off original asking price. We look forward to naming new owners just in time for them to ring in the New Year in their new Vail homes."

The downtown Vail residences located at 184 and 194 Beaver Dam Road are new construction, each featuring a sleek, modern design with top-of-the-line finishes, a chef's kitchen, expansive outdoor living areas, a wine cellar, elevator and both media and exercise rooms. The properties are conveniently located just a short distance to Vail Village and Lionshead.

"The area around Forest Road and Beaver Dam Road is so sought-after that it's not unusual for homes to sell into the $1,900 range per square foot. The fact that 184 and 194 Beaver Dam Road have starting bids around only $1,100 per square foot makes this very enticing, especially considering they are new-construction," stated Josh Lautenberg of Sonnenalp Real Estate. "Most of the surrounding homes are older - large and luxurious, but old. These properties offer the low maintenance and amenities of a new home while still in walking distance to shopping and skiing. This auction is a great opportunity for anyone looking to buy in Vail."

1003 Lake Creek Road in Edwards is a one-of-a-kind estate mere minutes to Beaver Creek, Vail and the Eagle Jet Center. Located on 23 acres in the desirable community of Lake Creek, the home features 12,586 square feet with eight bedrooms, nine baths and an indoor swimming pool. Outdoors there is large Lake Creek frontage with a stocked trout pond, privacy and hiking. The adjoining 14-acre lot is also included, and the property is zoned for horses.

The town of Vail, located in Eagle County, CO, was established and built as the base village to Vail Ski Resort, which is the second largest ski mountain in North America, just after Whistler Blackcomb. The town of Edwards is also located in Eagle County, about 20 minutes west.

The Vail Valley economy relies heavily on tourism. Much of the industry is based on winter sports, especially skiing, but Vail is also a summer resort and golfing center offering guided hikes, mountain biking, horseback riding, carriage rides and fishing. Vail is also developing as a cultural center, with various art and music venues active throughout the summer. The town has a developed culinary center, with a variety of restaurants. Vail is served by Eagle County Airport near Gypsum, located 30 miles to the west.

The auction of all three Vail Valley properties will take place on December 23rd. 2.5% commission is offered to the buyers' brokers. The downtown Vail properties are open for preview daily from 1 to 4 pm, and the Edwards property is open for preview by appointment. See Auction Terms and Conditions for full details. For more information, visit www.VailLuxuryAuction.com or call 866-605-7287.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-end sellers nationwide through an accelerated marketing process that obtains fair market value for high-end properties in a 60-day timeframe. As a preferred auction partner to Sotheby's International Realty® and other luxury brokerage firms nationwide, the company has executed auctions from New York to Hawaii and hosts a database that includes more than 100,000 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 ConciergeAuctions.com.

SOURCE Concierge Auctions


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