Concierge Auctions Announces That Bidding Is Closed And A Sale Is Pending For One Of Chattanooga's Most Spectacular Homes - Mountain Modern on Missionary Ridge

CHATTANOOGA, Tenn., Dec. 13, 2013 /PRNewswire/ -- New York City-based Concierge Auctions is pleased to announce the pending sale of Mountain Modern on Missionary Ridge, a premier Tennessee property boasting luxurious amenities and unparalleled privacy. After a competitive live auction, Mountain Modern on Missionary Ridge went under contract in cooperation with Jack Webb of Crye-Leike Realtors. The buyer is a repeat Concierge Auctions bidder, having recently participated in the firm's record sale of the Windy Hills Estate near Chattanooga.

(Photo: http://photos.prnewswire.com/prnh/20131213/NY33369 )

Concierge Auctions' global marketing campaign generated over 14,000 website visits from 115 countries (led by Canada, France, the UK and Australia) and 47 US states (led by Tennessee, Texas, Georgia and Florida). A total of 1,100 prospects were identified, and 3 bidders participated in the sale.

"The Concierge Auctions team was extremely professional and a pleasure to work with," stated Webb. "In just a little over a month the team generated a lot of interested inquiries and showed the property to several interested buyers, which resulted in a lively and successful auction."

"We continue to prove our platform for luxury sellers in Tennessee, with this auction adding to last month's sale of the estate on Lake Chickamauga, as well as Peace of Heaven - On the Hill Estate in Kingsport, the Windy Hills Estate near Chattanooga and Villa Collina in Knoxville," stated Laura Brady, Managing Director of Concierge Auctions. "Our successes in the state have attracted global attention -- some producing record prices. Regardless of the location, from lakefront to mountain, rural to urban, our auction process drives the highest values for unique, high-end properties in an accelerated timeframe."

Situated on five park-like acres on top of Missionary Ridge, this seven-room estate features the ideal blend of luxurious amenities, family comfort and entertaining spaces. Designed by famous Los Angeles architect Harold W. Levitt, who has created homes for the likes of film producer Steven Spielberg and actor Dean Martin, the home reflects modern design philosophies seen throughout his work in mid-century L.A. The property includes a lighted tennis court, a putting green, and beautiful views of the Blue Ridge Mountains -- all mere minutes from downtown Chattanooga.

Concierge Auctions has upcoming luxury property auctions scheduled in Highland Park, IL, Maui, HI, Las Vegas, NV, and Dallas, TX, and many more across the nation are already planned for the winter and spring. If you or someone you know is interested in buying or 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 firm serving high-net-worth sellers nationwide through an accelerated marketing process that obtains fair market value for unique, high-end properties in a 60-day timeframe. The company has executed auctions in 25 U.S. states from New York to Hawaii, typically valued between $2.5 million and $20 million, and hosts a database that includes more than 100,000 luxury real estate buyers and agents from all U.S. states and 109 countries and territories. The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury properties over the past 10 years. The firm has sold over $500 million in properties since its founding in 2008. For more information, call 888-966-4759 or visit ConciergeAuctions.com.

SOURCE Concierge Auctions