Concierge Auctions Announces That Bidding Is Closed And A Sale Is Pending For The Water Falling Estate, A 9.44-Acre Oceanfront Playground On Hawaii's Big Island

Following a live auction with 10 qualified bidders, the property went under contract in cooperation with Hilo Brokers, Ltd.

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Concierge Auctions

Mar 26, 2014, 06:32 ET

NINOLE, Hawaii, March 26, 2014 /PRNewswire/ -- New York-based luxury real estate auction firm Concierge Auctions is pleased to announce the pending sale of the Water Falling Estate, a remarkable Big Island residence over looking the Pacific Ocean, with views from each room of natural waterfalls. The property went under contract following a live auction in cooperation with Kelly H. Moran of Hilo Brokers, Ltd.

"I am very satisfied with the way Concierge handled this process. They have a great bunch of people, and everything they did was impressive," stated seller Laurie Robertson. "On the day prior to the auction, they presented me with an exposure report detailing their efforts, and it was much more favorable than I could have even expected. They are true experts."

Set on a breathtaking cliff along the Hamakua Coast, this former macadamia nut plantation has been transformed into a jaw-dropping, 9.44-acre estate with five bedrooms, ten bathrooms, unparalleled amenities and never-ending views of the Pacific. The property includes a helipad, 9-tee golf course, paved running track, Olympic infinity pool, and 450-seat tennis stadium and basketball court.

Concierge Auctions' global marketing campaign generated over 32,000 website visits from 50 US states (led by Hawaii, California, Texas and Washington) and 108 international countries (led by the UK, Canada, Australia and Ireland), 84 open house visitors and 48 showings. 10 bidders were qualified to compete in the auction.

The firm's earned media strategy resulted in articles about the estate appearing in top-tier outlets, including on the home pages of Yahoo! and Robb Report, as well as in The Wall Street Journal's 'House of the Day' and Just Luxe. Local newspapers and magazines, including The Hawaii Tribune-Herald and Pacific Business Journal, also published stories.

"I could not possibly be happier with my decision to work with Concierge Auctions to sell the Water Falling estate," stated builder and seller Scott Watson. "When it comes to finding the right owner for a one-of-a-kind property quickly and easily, there's really no other choice."

Concierge Auctions has upcoming luxury property auctions scheduled in Castle Rock, CO, Big Sky, MT, Dallas, TX, and Grand Bahama, Bahamas, and many more are already planned for the spring and summer. If you or someone you know is interested in buying or selling a remarkable property through Concierge Auctions, call 888.966.4759.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-net-worth sellers internationally 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.

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SOURCE Concierge Auctions