Concierge Auctions to Conduct Live Auction of 19-Acre Scottsdale, Arizona Estate in Cooperation With Russ Lyon Sotheby's International Realty and Tyler Properties

SCOTTSDALE, Ariz., Jan. 5, 2012 /PRNewswire/ -- The Happy Valley Estate, featuring a private luxury residence with approximately 27,000 square feet of resort living and two adjacent parcels, available for purchase together or separately, spread over 19 beautiful acres fronting the Desert Highlands, will sell during a live auction on February 11th, Concierge Auctions has announced. Originally listed collectively for $35 million, package opening bid incentives start at $5 million. The properties are being sold in cooperation with co-listing agents Frank Aazami of Russ Lyon Sotheby's International Realty and Don Tyler of Tyler Properties.

"We're extremely excited to be working with Concierge. The firm has a proven track record of identifying the most motivated sellers and real buyers for premier properties in today's marketplace," Aazami stated. "This is an amazing opportunity for someone to own a property with utmost luxury and amenities mere minutes from dozens of golf courses, the local airport and the best shopping and dining Scottsdale has to offer."

Well-secured behind scenic iron gates, 9422 East Happy Valley Road offers 27,000 square feet of resort living with a 10,000-square-foot main home with nine bedrooms, nine and a half baths, a nine-car garage and two detached guest casitas. Features include extensive hand carved pillars, a built-in library, gourmet kitchen, ballet and dance quarter, signature indoor tennis court, mother of pearl swimming pool, mermaid style jacuzzi, authentic desert botanical garden and a French Victorian courtyard. There is opportunity to convert the indoor tennis court into an 80+car museum, basketball court or private auditorium.

The adjoining parcels measure 6.7 & 5.4 acres and may be sold either together with the main residence or separately. Both offer equestrian opportunities and have spectacular views.

"The Happy Valley Estate is unique in that it offers the flexibility to mold into your own private oasis without the restrictions of a homeowners association. The new buyer will have ample room and ability to customize towards their personal hobbies and needs," stated Tyler. "With opening bid incentives starting at only $5M, the value is undeniable."

"We have been searching for the right opportunity to debut our auction platform in the Phoenix/Scottsdale area, and this is it," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "The Happy Valley Estate is without a doubt the most intriguing and true opportunity in the region. The seller is fully committed to allowing the bidders to identify the price, and we look forward to naming a new owner on February 11th."

Scottsdale is located in the Salt River Valley, or the, "Valley of the Sun", in the northern reaches of the Sonoran Desert in Arizona. Immediately to the east and northeast of Scottsdale is the McDowell Mountain Range. Scottsdale borders the city of Phoenix and town of Paradise Valley to the west, Tempe to the south, and Fountain Hills to the east. Scottsdale boasts the highest number of destination spas per capita of any city in the United States. The region's year-round warm weather and abundant sunshine is a major factor in Scottsdale's tourism appeal. Over the past several years, Scottsdale's growing abundance of trendy, high-end nightlife, upscale restaurants, art galleries and luxury shopping has made it an even more popular travel destination. The city is home to Scottsdale Municipal Airport, with over 500 flights per day.

The auction of 9422 East Happy Valley Road will be conducted "live" on February 11th. 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 from 1 to 4 pm or by appointment. For more information call 800-223-1429 or visit ScottsdaleLuxuryAuction.com.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction 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 www.ConciergeAuctions.com.

SOURCE Concierge Auctions