Concierge Auctions Produces Record Price In Waiki'i Ranch On Hawaii's Big Island

WAIMEA, Hawaii, Jan. 19, 2015 /PRNewswire/ -- Thursday's auction of Hale Mehana was another for the Concierge Auctions record books. The New York-based luxury real estate auction firm placed the Hawaii ranch under contract following a live auction with eight bidders in cooperation with listing agent Ed Rapoza of Island Resort Property.

Photo - http://photos.prnewswire.com/prnh/20150119/170024

The buyer is a past client of Concierge's and previously purchased a California property through the firm.

"We have three homeruns from this assignment: a record price, a repeat buyer, and our 40^th auction in Hawaii — raising our historic Hawaii sales over $112 million," stated Concierge president, Laura Brady. "This is our second Hawaii ranch success, following our 2013 sale of Paumalu Ranch on Oahu's North Shore. Equestrian buyers are very specific about their purchases, and we've proven our expertise in matching them with the best opportunities from the Southern US to the Rocky Mountains and even Hawaii."

With over 53 acres, Hale Mehana offers ideal upcountry living mere minutes from the Big Island's best resorts: Kuki'o, Hualalai, Mauna Kea, Waikoloa and Mauna Lani. Set at 3,750 feet of elevation within the exclusive Waiki'i Ranch community, this incredible compound includes a main residence, guest cottage, European-inspired stables, and a high-performance riding arena. Completely custom-designed, the property was built of impeccable joinery in Canada, deconstructed, and rebuilt in Hawaii — no nails needed.

In only five weeks, Concierge Auctions' marketing campaign attracted global interest, resulting in over 3,900 website visits from 49 US states (led by Hawaii, California, Texas and Oregon) and 51 international countries (led by Canada, the UK, Norway and Japan). The online property videos received over 12,000 views.

"Before partnering with Concierge on this sale, I didn't understand the power of their process. Now, I have full appreciation," stated Rapoza. "I've never experienced anything quite like the momentum that was generated. Plus, their team was a pleasure to work with. I will definitely recommend their platform to other listing clients in the days ahead."

Upcoming luxury property auctions are scheduled in Mexico, the Bahamas, New Jersey and California, and many more are planned for the remainder of the winter and spring. 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
New York-based Concierge Auctions is the dominant player in the luxury real estate auctions sector, selling high-end properties worldwide through a transparent and market-based bidding process. Since its founding in 2008, Concierge's business has spanned the globe, including 27 US states and 5 countries, and the firm has produced numerous record-setting sales. Concierge recently received the "Best Overall Marketing" award from Who's Who in Luxury Real Estate, a global collection of more than 130,000 real estate professionals in more than 60 countries, and was named one of America's fastest-growing companies by Inc. Magazine.

Contact:
Kari Neering [email protected] 
Gina Maruschak [email protected] 
212-920-7057

SOURCE Concierge Auctions

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