Kauai, Hawaii Luxury Real Estate Auction a Success

KAUAI, Hawaii, March 29 /PRNewswire/ -- Concierge Auctions (www.ConciergeAuctions.com), the leading luxury real estate auction company, today announced the sale of two properties in Kealia on Kauai, Hawaii on March 8, for a total of $4.1935 million.

"With the completion of nine successful property auctions in Hawaii in recent months, including the sale of Cher's Kona home in January for more than $8 million, Concierge Auctions has established itself as the leading luxury real estate auction company for the islands," stated George Graham, CEO of Concierge Auctions.

The auction included the successful sale of 4380D Paliku Place for $3.1925 million to a buyer from Colorado, and an adjacent five-acre ocean bluff lot for $1.001 million to a buyer from California.

The efforts of the Concierge Auctions team and its partners resulted in 111 interested buyer prospects from 18 U.S. states and Canada, and 17 registered bidders from seven states.  The auction website received 2,464 visitors from 49 countries and all U.S. states.

"Concierge Auctions conducted a transparent auction, which resulted in a successful outcome for all parties involved," stated Neal Norman, Founder and Principal Broker of Koa Properties, the participating listing broker for the auction.

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 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.  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.

For more information on Concierge Auctions and its services, visit www.ConciergeAuctions.com or call 888-966-4759.

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 10,000 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