Riverfront Property With Historic Lodge in Jackson Hole, Wyoming Sold at Auction Through Concierge Auctions for Record Price

Luxury estate just 30 miles south of Yellowstone National Park attracts more than 50 showings and 11 bidders and generates a total sale of $3,685,000 - the highest on record in Moran, WY

PR Newswire
Aug 15, 2011

MORAN, Wyo., Aug. 15, 2011 /PRNewswire/ -- The Rubber Snake Ranch, a luxury Rocky Mountain estate located just 35 miles north of Jackson Hole comprised of three distinct parcels including a 1930s historic lodge, sold at a live, on-site auction on Saturday, Concierge Auctions has announced. Eleven bidders competed in the auction, which was conducted in cooperation with Ryan Block, Managing Owner of RE/MAX Obsidian Real Estate, resulting in a total sale price of $3,685,000 - the highest price on record in Moran, WY. The winning buyers are from Nebraska and California and were represented by B.K. Reno of RE/MAX Obsidian Real Estate and Christian Andersen of Coldwell Banker Previews.

"It was great to work with the Concierge team. It is obvious why they are the best luxury auction firm in the country. Their staff is skilled in dealing with high-end clients and in conveying not only the attributes of a premier property but also the lifestyle that comes along with it," stated the seller, Phil Baxter. "Today we are thrilled to have sold all three parcels of the Rubber Snake Ranch, and we owe thanks to the collective efforts of Concierge and our listing broker, Ryan Block."

"The activity generated by the Concierge Auctions process was impressive. I knew the urgency of an auction would stir the market, but I never could have imagined this strong of a response from qualified buyer prospects," Block stated. "As a result of more than 150 inquiries, Saturday's combined sale of the three Rubber Snake Ranch parcels is the highest-priced sale on record in Moran, WY and in the top 20 sales in Jackson Hole in the past year. We're extremely pleased and wish the new owners well."

The extensive auction marketing campaign produced 160 buyer prospects, more than 50 showings and eleven bidders. Concierge Auctions' aggressive campaign attracted more than 2,000 visitors to the auction website from all US states and 19 international countries (led by Canada, Australia, the United Kingdom and Norway).

"During the time leading up to the auction, my buyer and I reviewed the property information in detail. As well-informed as he was, the competitive atmosphere on auction day was invigorating," stated B.K. Reno, one of the buyers' agents. "Auctions are always exciting, and this was no exception. In the end, my buyer purchased not only the riverfront lot, as he had hoped, but also the historic lodge. He is a happy new owner."

Rubber Snake Ranch offers an ideal blend of storied history and modern day amenities. Ideally located 35 miles north of Jackson Hole, the property sits on the banks of Pacific Creek upriver from the convergence of Pacific Creek and the Snake River, borders the Bridger Teton National Forest, and Teton Wilderness to the east.

The Historic Lodge at 14865 Braman Road- The lodge is reminiscent of the Inn at Old Faithful, originally built by historic Jackson developers Jesse and John Wort, founders of the famed Wort Hotel and Cowboy Bar, on the banks of Jackson Lake in the 1930's. The structure was purchased and moved by the Western artist Bill Schenck to the current location in 1979. Over the years the lodge has been expanded and upgraded, but its western heritage has been maintained. The 4,469-square-foot structure includes four bedrooms, a sleeping loft, three baths, a large living area, family, dining, two fireplaces, granite counters, two outdoor entertaining areas, a separate guest cabin and an oversized two-car garage with shop.

The River Cabin at 14885 Braman Road- The cabin offers the ultimate in mountain living including sweeping views of the Pacific Creek and the Bridger-Teton mountain range. Finishes include fir wood floors and cabinetry, granite counters, a river rock fireplace, and wood deck overlooking the creek. The cabin sleeps six people comfortably. The property also features a separate, spacious two-car garage and borders the rugged Teton National Forest.

The River Lot- This 1.4-acre lot is adjacent to the River Cabin and sits directly on the river. It includes mature lodge pole pine, spruce trees and tremendous views and access to Pacific Creek and the Teton National Forest. The spot is primed for the construction of a new residence.

"It was a true pleasure to work in Jackson Hole again, considered one of the most exclusive regions for luxury ranches in the U.S. The area not only presents endless recreational activities, but also welcoming and personable residents," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "Following our sale of the Rockin' S Ranch in 2009, which achieved the highest price ever in Teton Valley, ID, and the Teton Valley Ranch in 2010, which achieved the highest price in over a year in Jackson Hole, it is great to continue our trend of record success with this sale of the Rubber Snake Ranch. Our process is a proven technique for generating value for the region's most premier properties."

Concierge Auctions is currently accepting applications from luxury sellers nationwide with premier, storied properties. The company's 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 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 www.ConciergeAuctions.com

SOURCE Concierge Auctions