Concierge Auctions to Present Luxury Residence at Auction in the Exclusive Bear's Club in Jupiter, Florida on February 25

JUPITER, Fla., Jan. 19, 2012 /PRNewswire/ -- Concierge Auctions will host a real estate auction of an exquisite custom residence located at 148 Bear's Club Drive within the premier, Jack Nicklaus-developed Bear's Club in Jupiter, Florida. Originally listed for $11.95 million, opening bid incentives start at $4.95 million. The February 25 sale is being conducted in cooperation with Mark Griffin of The Bear's Club Sotheby's International Realty.

"The Bear's Club offers its residents the utmost in luxury living and is one of the most sought-after golf destinations in the world. It is a choice location for the elite — a private, guard-gated community with the finest amenities," said Griffin. "This auction is an unprecedented event — the chance for one lucky buyer to purchase one of the most premier homes in The Bear's Club for their bid price. The owner is committed to selling and anxious to move on to other opportunities, so we encourage anyone with interest to become involved."

Named for its timeless Italian design and luxurious yet casual lifestyle, La Casa Toscana is located on a choice, central corridor lakefront lot and offers everything you could want and then some. Constructed by Tuscan Harvey and Lavelle Construction, the 18,000-total-square-foot residence includes spacious, yet inviting living spaces, nine bedrooms, ten full and two powder bathrooms, gym, theatre, his/her offices, resort-style pool, extensive outdoor entertainment areas and top-of-the-line finishes including imported tile and stone, handcrafted mahogany and custom wrought iron fixtures. Complete furnishings package and The Bear's Club membership also available for purchase.

Founded in 1999 by Jack Nicklaus, The Bear's Club is the realization of his vision to create a world-class golf club and community in South Florida. Meandering through 401 acres of pristine Florida land, The Bear's Club is home to an 18-hole Jack Nicklaus Signature golf course, a clubhouse, 68 estate residences, 17 golf villas and 14 club cottages. Amid the splendor of an extraordinary natural environment, the championship golf course incorporates a sweeping interlace of fairways, preserve areas, wetlands, cypress heads, tall pine and lakes. An over 40,000-square-foot clubhouse serves as the social center, offering bountiful amenities and 5-star service from a personable and professional staff, including exceptional chef-prepared specials served in a casual grille room or formal member dining room.

"Our firm has extensive experience with selling premier properties in our nation's most sought-after locations, and this assignment is no exception," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "The type of person who would buy in The Bear's Club is results-oriented and will appreciate that we have identified the most motivated seller in the community. We look forward to allowing the market to identify the price and to naming a new owner on February 25th."

The auction of 148 Bear's Club Drive will be held on February 25th. Bidders will be able to participate in person or proxy via telephone or Internet. A 2.5% commission is offered to the buyer's representing broker. The property is available daily for preview by appointment between 11am and 2pm. For more information visit www.BearsClubAuction.com or call 877-472-3686.

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 ConciergeAuctions.com.

SOURCE Concierge Auctions