One for the Record Books: Concierge Auctions Sells Architectural Marvel in Telluride, Colorado for the Market's Highest Price in 5 Years
Live auction of the magnificent Pa Gomo estate in Gray Head Wilderness Preserve commands 9 bidders and results in a record sale in cooperation with Telluride Real Estate Corp.
Jul 13, 2012
TELLURIDE, Colo., July 13, 2012 /PRNewswire/ -- The Pa Gomo estate, a magnificent work of living art designed by Jack Snow of RKD Architects, sold during a live auction yesterday, marking the highest-priced sale in Telluride, Colorado in the past 5 years, Concierge Auctions announced. The auction exposure produced 500+ inquiries, 50+ showings and 9 bidders. The sale was handled in cooperation with Steve Catsman of Telluride Real Estate Corp, an exclusive affiliate of Christie's International Real Estate.
"I have now sold three properties with Concierge, and I enjoy the control their process affords me as a seller. Their platform delivers the maximum market price on my timeframe," stated the seller, Stuart Ross. "Owning Pa Gomo was standing in the way of what I wanted to do, but now, thanks to the power of Concierge Auctions, I am moving ahead -- and on my terms."
In only 6 weeks the Concierge Auctions advertising and sales campaigns generated 500+ inquiries and 12,000+ website visitors from 47 US states and 28 international countries.
"We were thrilled from the onset of this assignment, knowing it would be monumental not only for our company but for the entire auction industry," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "The world is familiar with auctions as the best way to sell one-of-a-kind works of art -- think Picasso, Monet and Renoir -- but this mindset isn't typically held in relation to real estate. Concierge Auctions is shifting the paradigm. We are proving that when conducted appropriately for unique, incomparable properties, an auction will secure the best exposure, identify the most capable buyers, and deliver the highest, market-driven price."
Situated on a prime, 35-acre lot at 680 Hawn Lane, Pa Gomo is the result of architect Jack Snow's passion for details and stone mason Simon Aplin's unique skill. The gently curving copper roof echoes the contours of surrounding meadows, while the stone walls -- quarried from the property site -- mirror the mountainous terrain. The property contains 10,000 square feet, five bedrooms and both grand and intimate spaces in a series of separate "pods," all connecting to the main living area, which is ideal for entertaining. Floor-to-ceiling windows and sliding glass doors frame expansive vistas in every direction including panoramas of the San Juan Mountain Range.
Pa Gomo is part of the Gray Head Wilderness Preserve, within 900-acres of wilderness in the heart of Colorado's majestic San Juan Mountains, 15 minutes from Telluride. The community includes an equestrian center, ice skating rink, fly fishing pond, tennis court, groomed trails for cross-country skiing and snow shoeing and more.
"This was an exciting and new experience for me -- and everyone in Telluride for that matter," stated Catsman. "The Concierge team is made up of true professionals, and their efforts were impressive from start to finish. It is an amazing accomplishment to have achieved the highest price in Telluride in the past 5 years, especially following only six weeks of exposure. There is no doubting the power of the Concierge process."
Concierge Auctions also completed a successful sale yesterday of See Forever Village Cabin 2 in Telluride's Mountain Village, and the firm announced a follow-up sale of four additional See Forever properties -- two without reserve. For details visit MountainVillageAuction.com.
If you or someone you know is interested in selling a remarkable luxury property through Concierge Auctions, call 888.966.4759 or visit ConciergeAuctions.com.
About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction marketing 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 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