Premiere Estates Auction Company To Conduct Auction Of Custom Luxury Estate In Cle Elum's Suncadia Resort Community

CLE ELUM, Wash., June 28, 2012 /PRNewswire/ -- When the one-time, one-day Auction of 200 Just in Time Lane closes on July 28th, the winning bidder will take ownership of one of the most prestigious and admired homes in the Suncadia Resort Community. Premiere Estates Auction Company (PEAC) will hold the Auction at 11am, selling to the highest bidder.

The owner of this magnificent property has enlisted PEAC, in conjunction with Buzz Korth of Suncadia Real Estate, to sell the home via Auction. The bidding will start at a published minimum of $2,600,000, which is a substantial reduction from its previous list price of $4,200,000. Interested buyers may qualify to bid by submitting a $50,000 refundable deposit to PEAC, and bidding will be conducted live via telephone and by proxy.

Built in 2006, this custom 9,150 square foot luxury estate is located above the famed 1st hole of Tumble Creek, one of Suncadia's award-winning golf courses. The property features a spectacular water cave with cascading waterfall, situated among 1.32 acres of lush landscaping. With a total of five bedrooms and seven bathrooms, the property includes a separate 1185 square foot guest apartment.

Suncadia is a 6,300-acre resort community in Cle Elum, Washington, approximately 80 miles east of Seattle. Because of the surrounding Cascade Mountains and Cle Elum River and Lake, Suncadia and Cle Elum are popular vacation destinations for outdoor activities such as skiing, rock climbing, fishing, kayaking, and more.

About Premiere Estates Auction Company
With over $1 Billion in sales, and 75 years of combined experience in the marketing and auctioneering of major real estate assets, Premiere Estates Auction Company, based in Manhattan Beach, CA, is the national leader in auctions of unique and luxury real estate. PEAC has gained notoriety for its high-profile auctions, such as selling the most expensive home ever sold at Auction in the state of California, at just under $10 Million. PEAC offers a full range of traditional and web-based sales, marketing, and auction services. This includes massive global, all-media marketing and advertising campaigns, as well as promotion, management, execution of the tasteful and exhilarating event itself, culminating in auctioneering outcry services.

Media Contact:
Julia Hodge
Marketing Director
310.698.3625 x232
[email protected]

SOURCE Premiere Estates Auction Company