Luxury Property Auctions of Two Chesapeake Bay Area Estates to Commence Absolute on June 3 Through Concierge Auctions

Premier waterfront properties to sell to the highest bidders regardless of price

PR Newswire
NEW YORK
May 6, 2011

NEW YORK, May 6, 2011 /PRNewswire/ -- Concierge Auctions announces a new auction date for two premier Chesapeake Bay area properties in Maryland - a contemporary waterfront home with floor-to-ceiling transparent walls in Pasadena, and a luxury property along Harris Creek with deep-water boating access in St. Michaels. Originally scheduled for May 6 and 7, respectively, the auction dates were adjusted to June 3 following bidder requests for additional time to conduct due diligence on the properties. The new auction date will also enable new prospects to become involved.

The properties are being sold in cooperation with Betsy Stettinius of Coldwell Banker Residential Brokerage.

Originally listed for $7.9 million and with a suggested opening bid of $3.5 million, 435 Ginn Lane, also known as the "Glass House," is located at the end of a private, gated lane and includes a 9,700-square-foot contemporary residence just past a caretaker's cottage and guest home. Nestled on a private 3.51-acre peninsula surrounded by southeastern views of the Magothy River, Broad Creek and Sillery Bay, the property features perfectly manicured lawns, an in-ground pool, a private beach, a putting green, a sport court and a deep-water pier with multiple boat slips.

Originally listed for $3.9 million and with a suggested opening bid of $1.5 million, 23377 Sans Souci Drive offers a rare opportunity to own one-fifth of Sans Souci Farm, a 211-acre equestrian and hunting preserve. The 11,000-square-foot Cape Cod estate is set on a more than 16-acre waterfront lot with 950 feet of frontage on Harris Creek and includes five bedrooms and four full and one half bathrooms. Outdoor amenities include a waterfront guest house, a pool, a garden and orchard and an 80-foot pier on Harris Creek with six feet of water at the end, offering direct access to the Chesapeake Bay.

The live, on-site auctions of 435 Ginn Lane and 23377 Sans Souci Drive will be held on June 3. 435 Ginn Lane is available for preview daily from 1 to 4 p.m. and by appointment. For more information visit www.GlassHouseAuction.com or call 877-214-3785. 23377 Sans Souci Drive is available for preview every Friday through Sunday from 1 to 4 p.m. and daily by appointment. For more information visit www.MarylandLuxuryAuction.com or call 866-818-6986.

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 10,000 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