Picturesque 214-acre Riverfront Ranch In Park City, Utah To Be Sold At Live Auction Without Reserve By Concierge Auctions

The RiverBend Ranch with nearly 1/2 mile of Weber River frontage will sell to the highest bidder in cooperation with Summit Sotheby's International Realty

PR Newswire
PARK CITY, Utah
Aug 14, 2012

PARK CITY, Utah, Aug. 14, 2012 /PRNewswire/ -- RiverBend Ranch, a 214-acre ranch located along a half mile of the Weber River with a 16,800-square-foot designer-furnished estate, fenced pastures, trails and hillside ranges, just 25 minutes from the heart of Park City, home to the Sundance Film Festival, will sell during a live auction Without Reserve on September 14(th), Concierge Auctions has announced. Previously offered for $29 million, the property -- which was completed in 2010 -- will sell to the highest bidder in cooperation with listing agents Paul Benson and Shane Herbert of Summit Sotheby's International Realty.

"'Remarkable' is the first word that comes to mind when describing RiverBend Ranch. Having lived and worked in the area almost 10 years, I can say that of all the luxury properties for sale in the entire state of Utah, RiverBend is truly one-of-a-kind with features and qualities beyond compare," Benson stated. "Although current zoning requirements provide for homes to be built a minimum of 100 yards from the river's edge, this residence was permitted and constructed just feet from the water's edge due to a grandfathering provision. When the doors from the living room, kitchen and bedrooms are open, it literally sounds and feels as if the river is inside."

Stretching across the mountain pastures with spectacular views of the famous Mt. Timpanogos in the distance, the residence at RiverBend Ranch is selling fully-furnished with designer furnishings, art and accessories and boasts eight en suite bedrooms, each with a private deck and patio. All nine bathrooms have custom-designed sinks, fixtures and solid wood custom cabinetry, and the eight custom-built fireplaces each have a separate chimney. In addition to a custom mahogany bar, wine room and 25-foot-tall, floor-to-ceiling walnut library bookcases, the property also contains a gourmet kitchen and chef's pantry, a state-of-the-art theater that can accommodate up to 20 people, an art studio, four laundry centers, an outfitter's room with direct outdoor access, a private bath and shower area and a billiard's loft and gaming area with a large private deck overlooking the river. The eight-person steam sauna has a waterproof audio sound system, and there is a geothermal radiant heated flooring system throughout.

"Following nearly five years of careful planning and meticulous craftsmanship, our vision for what this idyllic riverfront setting deserved was realized just three years ago," stated the seller, Doug Dohring. "We're told by virtually every visitor, including the most seasoned traveler, that RiverBend Ranch is the most distinctive and extraordinary property they have ever seen."

Dohring added, "Now that we are spending our time on the West Coast with the newest addition to our growing family, our precious grandson--and soon-to-be granddaughter--we chose Concierge to market RiverBend Ranch due to their impressive track record of successfully helping sellers receive true market value for their unique, one-of-a-kind assets."

All the exterior living spaces include covered porches and decks. The heated, eight-car garage has drive-thru access on two bays, and there is riverside lighting for evening entertaining. There are also two barns; four ponds, including a large trout pond; a 10-person hot tub and two fire pits, both riverside; direct fly fishing access from the back patio; 18 raised organic garden beds; and a 400-square-foot heated chicken coop, complete with a fenced run.

"Concierge Auctions is known for selling the most unique, storied properties in the country that truly are like no other, and RiverBend Ranch is a perfect example. Not only is the property amazing, but it also speaks toward a wide range of buyers. An individual or family could either live here or maintain it as a vacation residence. Or, it could be used commercially as either a company-owned corporate retreat or an income-producing event facility," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "The Concierge process is a tried-and-tested choice for luxury ranch owners, as evidenced by our auctions of other premier ranches in upscale areas including Telluride, CO, Big Sky, MT, Jackson Hole, WY and Teton Valley, ID. We're excited to launch our first sale in Utah and look forward to continued success out West."

Oakley is located about an hour east of Salt Lake City, and just 25 minutes from Park City - the main location of the United States' largest independent film festival, the Sundance Film Festival. Started in 1978, Sundance has changed from a low-profile venue for small-budget, independent creators outside of Hollywood to a media extravaganza for celebrity actors, with many celebrities owning homes nearby. With an elevation of 6,500 feet, Oakley is a gateway to the Uinta Mountains, and is most famous for its annual rodeo, held each year on the Fourth of July weekend. Various shops and restaurants are just 10 minutes away from the ranch.

The auction of RiverBend Ranch will be held on September 14(th). A 2.5% commission is offered to the buyer's representing broker. The property is open for preview daily from 1 to 4 p.m. and by appointment. See Auction Terms and Conditions for full details. For more information visit RanchAuctions.com or call 877.636.7517.

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