Concierge Auctions to Sell Luxury Penthouse on Hawaii's Big Island at a Live, Absolute Auction in Waikoloa on March 21

WAIKOLOA, Hawaii, Feb. 25, 2011 /PRNewswire/ -- A gorgeous new penthouse that has never been occupied located within the exclusive Waikoloa Beach Resort at 69-1000 Kolea Kai Circle will sell at a live auction on March 21, Concierge Auctions has announced. Originally listed for $2,850,000, the condo will sell absolute, meaning it will sell to the highest bidder regardless of price. The sale is being conducted in cooperation with listing agent Listing Agent Johnny McElree, RS of Century 21 All Islands.

"We're excited to be working alongside Concierge Auctions, as they have a proven record of handling successful auctions of luxury properties throughout Hawaii," McElree stated. "My clients evaluated their options and determined that an absolute auction was the most effective way to accomplish a successful sale on March 21. Selling to the highest bidder regardless of price, this is a tremendous opportunity for any buyer searching for a vacation home or rental property in one of the most sought-after island resorts in the world."

Unit 2C at 69-1000 Kolea Kai Circle is in a secluded and peaceful part of the Kolea complex, complete with stunning views of the Kohala coastline and 365 sunsets a year. Containing three bedrooms and three and one half bathrooms, the 2,147-square-foot penthouse boasts unique details such as tile floors, African mahogany trim, vaulted ceilings, dormer windows and a flexible floor plan. Top-of-the-line features are found throughout, including a semi-private elevator, walk-in closets, an outdoor kitchen with a refrigerator and BBQ, infinity pool, spa workout facility and direct access to the azure waters of Anaeho'omalu Bay. There is a generous lanai and views of Big Island paradise from virtually every room.

Nearby amenities of the 1,350-acre Waikoloa Beach Resort include ocean sports activities, a classic Robert Trent Jones Jr. golf course and a links-style course designed by Tom Weiskopf and Jay Morrish, preserved cultural sites, world-class hotels such as the Hilton Waikoloa Village and the Waikoloa Beach Marriott Resort and Spa, and the famed Kings Shops and Queens Marketplace.

The Waikoloa Beach Resort is located approximately 25 miles north of Kona on the Big Island's sunny Kohala Coast, which means "cherished land" in Hawaiian, and enjoys more than 300 days of sunshine a year. Embraced by the balmy, sweet-scented Pacific Ocean trade winds, Kona is famous for sport fishing, snorkeling, gorgeous sunsets and its unrivaled Kona coffee.

"This property is a great addition to our March 21st auction, which will also include an ocean front residence in the Waikoloa Beach Resort," stated Laura Brady, VP of Marketing for Concierge Auctions. "Never previously occupied, the fact that this condo is selling absolute presents a chance for any savvy buyer to own a brand new luxury condominium for their price, as they will bid in a live, transparent forum and will only pay one increment above the next highest bidder."

69-1000 Kolea Kai Circle, Unit 2C will be sold during the same auction as 69-1065 Kolea Kai Circle, an ocean front residence also in Waikoloa Beach Resort, for which no minimum bid is required. Bidders will be able to participate in person or proxy via telephone or Internet. See Auction Terms and Conditions for full details. The property is available daily for preview from 1-4 pm and by appointment. For more information visit www.WaikoloaAuction.com or call 800-211-1785.

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