Concierge Auctions and Jackson Hole Real Estate Associates, an Exclusive Affiliate of Christie's International Real Estate, to Sell Two Premier Jackson Hole Properties at Auction, One Without Reserve

JACKSON HOLE, Wyo., March 12, 2012 /PRNewswire/ -- A 13,000-square-foot luxury residence on 2.5 private acres and an adjacent .63-acre buildable lot located in the premier Granite Ridge community of the Jackson Hole Mountain Resort, in walking distance to Teton Village and just a 25-minute drive to downtown Jackson, will sell at auction on April 7th, Concierge Auctions has announced. The residence was originally listed for $18.95 million. The lot, originally listed for $2.75 million, is selling without reserve, meaning it will be sold to the highest bidder regardless of price. The sale is being conducted in cooperation with listing agents Matt and Julie Faupel of Graham4 at Jackson Hole Real Estate Associates, an exclusive affiliate of Christie's International Real Estate.

"Granite Ridge is the area's most exclusive residential development with immediate access to skiing at the Jackson Hole Mountain Resort, shopping and dining at Teton Village and nearby golfing at Shooting Star — resulting in the highest home values," Faupel stated. "These two properties combined represent the largest available acreage in Granite Ridge. This is a tremendous opportunity to purchase not only one of the most premier homes in Jackson Hole but also one of the most sought-after, amenity-rich locations in the Rocky Mountain West."

The Estate at Granite Ridge, located at 7730 N. Granite Ridge Road, is a three-story, 13,000-square-foot luxury mountain retreat with nine bedroom suites, 10 full and four powder bathrooms. The property boasts a cedar and Montana stone exterior, heated drives and decks, cathedral ceilings, hardwood flooring, a spiral staircase and whole-house touch pad lighting. In addition to its two dining rooms, there is also a professional-grade kitchen, elevator, game and exercise rooms, mud room, wine cellar, three-car garage and hot "pool." The new owners will enjoy ski-in/ski-out access, 4,000 square feet of heated stone decks on every level and stunning mountain and valley views.

The .63-acre homesite at 7775 N. Lower Granite Ridge Road is a buildable lot nestled in a mature forest adjacent to the ski trail and open space fronting the national forest, and also offers amazing mountain views. The property features cable, electric, a paved road and year-round access. It will sell to the highest bidder.

"Jackson Hole is one of the most desirable areas of the world for homeowners seeking exclusivity, endless outdoor activities and breathtaking scenery," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "This will be Concierge's fifth auction in the Jackson area. We have a 100 percent success rate, starting with our debut sale of the Rockin' S Ranch in 2009, followed by Teton Valley Ranch in 2010 and Rubber Snake Ranch and Bighorn Lodge in 2011. The market has come to understand that our auctions present the most motivated sellers in the region. These Granite Ridge properties are without a doubt Jackson Hole's best buying opportunities right now, so anyone interested should take notice." 

Nestled into Grand Teton National Park with mountain ranges topping out at 13,766 feet, activities in Jackson Hole include world-class fly-fishing, hunting, boating, hiking, horseback riding, snowmobiling and skiing. The area's rich history is topped only by its stunning views, which capture nature's finest during four distinct seasons throughout the year. Jackson Hole is right at the southern doorstep to one of the nation's most beloved national parks, Yellowstone National Park, which was established in 1872. Communities now include Jackson, Moose and Teton Village, home to the world class Jackson Hole Mountain Resort. First open to the public in 1965, the ski resort, which lifts visitors to the top of the Bridger-Teton National Forest, is just one draw. In Jackson Hole's many communities, residents and visitors enjoy specialty shops and restaurants that incorporate the best of their beautiful natural setting. Teton County welcomes more than 3 million visitors to the area during busy summer months.

The auction of the Granite Ridge Estate and homesite will be conducted on April 7th. A 2.5% commission is offered to the buyers' representing agents. See Auction Terms and Conditions for full details. The properties will be available for preview daily 1-4pm by appointment. For more information, call 800-211-1785 or visit AuctionJacksonHole.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