Concierge Auctions to Present Two Luxury Properties at Auction on the Island of Kauai, Hawaii on March 8

KAUAI, Hawaii, Feb. 8 /PRNewswire/ -- Concierge Auctions will host a real estate auction of a 6,015-square-foot ocean bluff estate with main residence and guest house at 4380D Paliku Place, and an adjacent ocean bluff lot, in Kealia on Kauai, Hawaii on March 8, the company announced.  The sale is being conducted in cooperation with Neal Norman, Founder and Principal Broker of Koa Properties.

"Large, private ocean bluff parcels are rare in Kauai," Norman noted.  "This auction represents a unique opportunity for any buyer searching for premier Hawaii real estate."

The exquisite sand stucco home at 4380D Paliku Place offers panoramic views of the ocean and nearby Aliomanu Mountain.  Situated within walking distance of the beach, the secluded 5.79-acre estate also features a gated entry, fully equipped guest cottage, and pristine tropical landscaping.  The property was previously offered for $9.995 million.  The reserve is $2 million, with a pre-auction estimate of $3 million to $7 million.

The interior of the three-bedroom main residence, with three baths, two half baths, study, exercise room and expansive great room, was exquisitely designed by Alwynn Trigg-Smith with granite bars and kitchen counters, mosaic bowl chandeliers, travertine, and Afrormosia and Brazilian cherry woods.  Superb construction by R.S. Weir Construction renders a secure, efficient lifestyle, with doors and windows rated for 80-120mph winds, Vantage smart lighting, whole-house generator, digital security system, central air conditioning and central vacuum.  Outdoor amenities include a private covered lanai, expansive terrace, and a gracefully curved heated swimming pool and spa accented with travertine tile surround and intricate landscaping amongst indigenous boulders.

The adjacent ocean bluff Lot 15, Kealia Kai, is selling absolute, with no minimum bid or reserve.  The 5-acre property, allowable for both a main and guest house, has never been offered independently for sale, and has a pre-auction estimate of $500,000 to $1.5 million.

"We are excited to conduct our third auction in Hawaii in the past nine months," stated George Graham, CEO of Concierge Auctions.  "The Islands are home to some of the nation's most spectacular properties, and buyers should take notice of the values we are presenting to the marketplace."

The auction of 4380D Paliku Place and Estate Lot 15, Kealia Kai in Kealia, Hawaii will be held on Monday, March 8 at 11 am HST. The properties are available for preview by appointment.  View Terms and Conditions of Sale for full details. For more information, visit www.KauaiLuxuryAuction.com or call 877-215-2370.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-end sellers nationwide.  A leading provider of services for individual and institutional owners of luxury residential real estate, Concierge Auctions is revolutionizing the industry by offering an accelerated marketing process that obtains fair market value for high-end properties in a determined time frame.  Building on a centuries-old method for selling the finest art and antiquities, the company combines the latest technologies and marketing programs with experienced personnel to generate the maximum value for the most premier properties in an open, competitive forum.  As a preferred auction provider to Sotheby's International Realty® and other luxury brokerage firms, the company has executed auctions throughout the country, from New York to Hawaii.  The company's database includes more than 30,000 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.

About Koa Properties: Koa Properties, led by Principal Broker and Founder Neal Norman, is the leading real estate firm on Kauai, Hawaii.  The firm, which was founded in 2003, represents the finest properties on Kauai.  For more information, visit www.KoaKauai.com.

SOURCE Concierge Auctions