Concierge Auctions Sells Luxury Riverfront Estate in Jacksonville, Florida in Cooperation With Manormor Sotheby's International Realty

Auction for premier residence with nearly 230 feet of riverfront generates 29 buyer prospects

PR Newswire
JACKSONVILLE, Fla.
Dec 2, 2011

JACKSONVILLE, Fla., Dec. 2, 2011 /PRNewswire/ -- A riverfront estate located on approximately three gated acres boasting nearly 230 feet along the American Heritage St. Johns River, Florida's longest river, has sold, Concierge Auctions announced. The closing will mark the highest sale price in the past two years from San Marco through Mandarin. The sale was conducted in cooperation with listing agents Beverly Brandenburger and Gayle Washnock of Manormor Sotheby's International Realty.

"Manormor Sotheby's International Realty had a great experience working with the Concierge Auctions team. Each member proved to not only be creative in their sales tactics, but also skilled at every facet of their process. Although this riverfront estate was one of the top desirable listed properties in Jacksonville, the lack of volatility in the 'down' market resulted in few showings. With Concierge's expertise, we were able to hit the market hard, ensuring that everyone knew how motivated the seller was," Brandenburger stated. "The reserve auction, by invitation only, was a discreet process and Concierge's extensive reach outside the local market resulted in more interested prospects. The residence is the only riverfront property to have sold during the past 24 months from San Marco through Mandarin at its price point. The result was a signed contract in less than five weeks. We're already working towards a number of other auctions with Concierge in 2012."

Concierge Auctions' aggressive exposure campaign generated 29 interested buyers and over 3,000 visits to the auction website by all US states led by FL, TX, NY and CA and 30 international countries led by Canada, the United Kingdom, China and Germany.

The residence at 8652 Cathedral Oaks Place, West is a five en-suite bedroom estate including a 1,200-square-foot master suite. The sunken formal living room with hardwood floors is graced with an antique mantle over the marble fireplace. Adjoining the living room is a handcrafted bar area with custom leaded glass. The spacious gourmet kitchen is an anchor of the ground floor and incorporates every latest luxury. There is also a library, billiards room, game/exercise room over a 3-car garage, in-ground swimming pool, expansive lawn and 486-foot dock with a covered boat lift.

"We're extremely excited to have generated this monumental sale and look forward to many more in the state of Florida. Our platform is ideal for Florida sellers, as the majority of today's opportunistic buyers are focused on the resort/vacation sector," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "Florida has many amazing properties, but because of the heightened inventory levels it's difficult to showcase their uniqueness with traditional brokerage methods. Our process places a spotlight on the most realistic sellers and forces competition that is otherwise missing in the current marketplace."

Jacksonville is the largest city in Florida in terms of both population and land area. Situated along the shores of the Atlantic Ocean, Jacksonville is home to three U.S. Navy bases, many major corporations, a Professional Golf Association tournament, the Jacksonville Jaguars National Football League team and three minor league sports teams. Its 1 million-plus residents enjoy a temperate climate, year-round leisure activities and miles of clean, sparkling beaches. Jacksonville attracts many visitors for surfing, swimming, windsurfing, fishing and waterskiing. It is located just two and a half hours away from Orlando, home of the Disney theme parks, Universal Studios and Sea World.

Concierge Auctions is currently accepting applications from luxury sellers nationwide with premier, storied properties. For more information about Concierge Auctions and its services 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


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