Cher Selects Concierge Auctions To Sell Her Luxurious New Home at the Exclusive Hualalai Resort in Kona, Hawaii

Pre-Sale Estimate of $8 million to $12 million

PRNewswire
KONA, Hawaii
Dec 22, 2009

Award-winning singer, actor and cultural pop icon Cher has selected Concierge Auctions to auction her property at the Hualalai Resort, on the exclusive Kona-Kohala Coast in Hawaii, on Monday, January 18th, the company announced. Meticulously designed by Cher and completed in December 2009, the 8,821-square-foot luxury residence has never been offered for sale.

"Displaying a contemporary Balinese style, the seamless architecture and interior design, cool color palette and natural surfaces exude a sense of serenity," stated Laura Brady, Co-Founder of Concierge Auctions. "The property is an elegant take on Island living and a true reflection of Cher's refined personality and taste."

Building on a centuries-old method for selling the finest art and antiquities, Concierge Auctions combines the latest technologies and marketing programs with experienced personnel to sell high-end properties in an open, competitive forum.

"This auction represents an excellent opportunity for buyers to secure one of the premier assets in our community, which has proven to be one of the most resilient and sought after locations in the world," stated listing broker Rob Kildow of Hualalai Realty, who is supporting the auction. "We are delighted to be collaborating again with Concierge Auctions and taking advantage of their platform and global marketing capabilities to successfully sell this property."

Located at 72-122 Lau'eki Street, the property features a gated center courtyard leading to the main residence, which includes an expansive master suite, great room, kitchen, dining room, outdoor "lanai" living area, and infinity pool with spa overlooking the Hualalai Golf Course and the Pacific Ocean. The courtyard is flanked by five individual, detached bungalows - four bungalow living suites, three with one bedroom and one bath, and one with two bedrooms and two baths; and a media bungalow. The entire property is selling furnished, complete with custom artwork and accessories. For further information, visit www.CherHawaiiAuction.com or call 877-215-2370.

About Hualalai Resort: Hualalai Resort is a residential resort community located on the North Kona coast of the Big Island. Embracing Hawaiian traditions and aloha spirit, the Resort features state-of-the-art facilities, programming and amenities. Real estate opportunities include custom homes, home sites and villas. The property is home to the Forbes Five Star and AAA Five Diamond Four Seasons Resort Hualalai, private Ke'olu course designed by Tom Weiskopf and The Hualalai Golf Course, a Jack Nicklaus Signature Design, and hosts the prestigious PGA Champions Tour Mitsubishi Electric Championship. In addition, Members of the Hualalai Club enjoy the newly enhanced Hualalai Spa and Hualalai Sports Club, beachfront dining at the Beach Tree and unparalleled retail experiences. For more information about Hualalai Resort visit www.hualalairesort.com.

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 www.ConciergeAuctions.com.

First Call Analyst:
FCMN Contact:

SOURCE: Concierge Auctions

CONTACT: Media Contact for Concierge Auctions: Joshua Greenwald,
Rubenstein Public Relations, +1-212-843-8037, jgreenwald@rubensteinpr.com; or
Media Contact for Hualalai Resort: Lucy Zepp, lzepp@murphyobrien.com, or
Rachel Esserman, resserman@murphyobrien.com, both of Murphy O'Brien, Inc.,
+1-310-453-2539

Web Site: http://www.conciergeauctions.com/


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