48,000-Square-Foot French Chateau on 39 Acres and Adjacent 37-Acre Commercial Parcel Near Dallas, Texas to Sell at Auction by Concierge in Cooperation With Briggs Freeman Sotheby's International Realty

DALLAS, March 1, 2012 /PRNewswire/ -- An exquisite, 48,000-square-foot luxury mansion located on 39 acres, just 45 minutes outside of Dallas, will sell at auction on March 30th, Concierge Auctions has announced. Currently listed for $35 million and with an original build cost of $46 million, the estate, named Champ d'Or, which translates to "Fields of Gold", will sell at or above a $10.3 million reserve. A 37-acre commercial parcel adjacent to the estate will also be auctioned, which was originally listed for $10 per square foot. The sale is being conducted in cooperation with listing agent Joan Eleazer of Briggs Freeman Sotheby's International Realty.

"We have watched past auctions conducted by the Concierge team, and it's evident how well versed they are in the sale of unique, luxury properties," Eleazer stated. "Champ d'Or is a perfect fit for the auction platform, as it is truly one-of-a-kind, with nary a detail missed. The estate could be used as a residence or for a business venture. The possibilities are endless, including development potential as an exclusive executive retreat, medical or spa facility, or recovery center."

Modeled after the Vaux-le-Vicomte chateau in Paris, Champ d'Or is one of the grandest residences in the entire country. The mansion rests on approximately 39 acres with a 1.5-acre lake and is comprised of more than 48,000 square feet including six bedrooms, six full bathrooms and eight powder bathrooms. The property features endless unique amenities including a two-story mahogany library; a conservatory; two elevators; multiple staircases; a master suite with a steam room, hair salon, two-story Chanel-style "her" closet, an indoor lap pool and an exercise room. The entertaining prospects are endless, thanks to veranda seating for up to 450 people; a catering kitchen; a grand ballroom; an outdoor pool with waterfall and pool house; a tennis court; an indoor bowling alley and full racquetball court; a movie theatre with opera seating; a wine room; a tea room modeled after New York's Tavern on the Green; multiple apartments that can be closed off for ideal privacy; a commercial laundry room; and a 20-car garage. The new owner would have the ability to add a heliport, horse barn or other amenities. 

The commercial parcel contains 37 acres and is located on bustling Swisher Road. This parcel enables additional privacy for the Champ d'Or estate or can be developed for business use.

"We have been searching years for the right property to launch our auction platform in Texas, and there is no doubt we found it. Champ d'Or is one of the most spectacular structures in the nation. The craftsmanship and materials are unsurpassed. The design is timeless," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "This offering is completely transparent – an estate that cost $46 million to construct, selling with a reserve of $10.3 million. The sellers have agreed to allow the buyers to identify the true value, and we look forward to naming the new owner on March 30th."

Hickory Creek is located in Denton County, 45 minutes north of downtown Dallas. The progressive city fronts picturesque Lake Lewisville along the Elm Fork of the Trinity River and has direct access to Interstate 35, a major highway connector. The small town is home to about 3,000 residents and is a mere 15 minutes to the Dallas/Fort Worth International Airport.

The auction of Champ d'Or will be conducted "live" on March 30th. Bidders are able to participate in person or proxy via telephone or Internet. A 2% commission is offered to the buyer's representing agent. See Auction Terms and Conditions for full details. The property will be available for preview daily by appointment. For more information, call 877-463-5280 or www.ChampdOrAuction.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 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