Concierge Auctions Announces That Bidding Is Closed And A Sale Is Pending For "Peace of Heaven - On the Hill Estate", A 56-acre Retreat In Kingsport, Tennessee The mountaintop estate, which went under contract yesterday in cooperation with Mountain Sotheby's International Realty, will represent the highest MLS sale price since 2000

KINGSPORT, Tenn., Sept. 25, 2013 /PRNewswire/ -- Concierge Auctions is pleased to announce the pending sale of Peace of Heaven – On the Hill Estate, a luxurious 9,254-square-foot home enveloped in the serenity and beauty of nature in Kingsport, Tennessee. Ten bidders competed to own this beautiful and private property, which offers panoramic views of the countryside, Chestnut Ridge, Bays Mountain, Chimney Top and the mountains of North Carolina and Virginia. After an exciting, live auction, the estate went under contract for $2,255,000, which when it closes will be the highest Tenn/Va MLS price recorded in Kingsport since 2000. The auction was handled in cooperation with listing agent Loretta Trayer of Mountain Sotheby's International Realty. Melinda Hatfield of Blue Ridge Properties represented the buyer.

"Deciding to auction my home was an emotional and scary decision. However, Concierge Auctions provided not only professional real estate and auction support but also a kindness and sensitivity that eased my fears," stated the seller, Sue Lepsch. "I know the work that the team put into this was monumental, and their dedication and hard work assured me that every effort was made to bring this auction to a successful conclusion. With all that behind me, I am even more thankful for not only the project managers but also the rest of the team. They communicated with me every step of the way. I was able to connect with them emotionally and professionally, so I never felt like I was in this alone. I will remember for many years the excitement and satisfaction of auctioning my estate using Concierge Auctions."

"We got a great result," stated Derek Rowley, Director of Sales and Operations for Mountain Sotheby's International Realty. "Everyone on the Concierge team did a wonderful job, and I think we got the best possible number for the market. Concierge Auctions is one of the most professional, organized and successful companies I have had the privilege to work with in my 10 years in luxury real estate. The relationship my company and I have formed with the team at Concierge over the past few years is truly that of a trusted partnership, and the luxury auction has become an integral element of our sales process for showcase properties. Our first thought when listing these homes has become 'Is this a Concierge property?' because we feel strongly that they are our best route to a successful outcome for our sellers. I look forward to my next opportunity to work with them."

Concierge Auctions' global marketing campaign generated over 4,200 website visits from 42 U.S. states (led by Tennessee, Florida, North Carolina and Texas) and 38 international countries (led by the UK, Canada, Peru and Australia). A total of 239 prospects were identified, and 10 bidders participated in the sale.

Sitting high on the mountain, Peace of Heaven offers a commanding view of the countryside. Conveniently located just off 11-W between Kingsport and Bristol, this seven-bedroom, six-bathroom residence includes an orchard, rolling hay fields, hillsides of dense native dogwoods, a majestic hardwood forest, a pond teeming with fish, countless wildflowers and native understory plant life — all of which support an abundance of carefree roaming wildlife.

Rustic buildings scattered about the property speak to the agrarian life the land once supported. There are hen houses, a root cellar and corn crib. The tobacco barn was remodeled to include three horse stalls, a tack room, a bathroom, a washing deck and a chicken coop. In the barn, there is a tool room, potting shed and storage area. For the adventuresome, the open-air loft offers four beds, a hunting blind, a catwalk and a swinging bridge. The man-made pond with catfish, sunfish and smallmouth and largemouth bass is fed with underground well water and ideal for catch-and-release fishing.

"The team from Concierge met and exceeded all of my expectations," stated Trayer. "Their experience and expertise were evident from the beginning, and their work ethic did not slow. Every person on the team that I had a chance to work with was very professional and personal. It was a pleasure to work with them."

"Peace of Heaven – On the Hill Estate is another stunning property we are pleased to add to our list of successful sales in Tennessee, including the recent Windy Hills Estate near Chattanooga and Villa Collina in Knoxville," stated Laura Brady, President of Concierge Auctions. "Our effective auction process was proven again, as our widespread exposure generated 10 highly-qualified bidders and a competitive price that all parties are happy about. We made a great team with our partners at Mountain Sotheby's International Realty, and it was an exciting outcome for everyone involved." 

Concierge Auctions has upcoming luxury property auctions scheduled in Dallas, TX, Comfort, TX, Wakaya Island, Fiji and Jefferson, CO, and many more across the nation are already planned for the fall and winter. If you or someone you know is interested in buying or selling a remarkable luxury property through Concierge Auctions, call 888.966.4759 or visit ConciergeAuctions.com.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-net-worth sellers nationwide through an accelerated marketing process that obtains fair market value for unique, high-end properties in a 60-day timeframe. The company has executed auctions in 25 U.S. states from New York to Hawaii, typically valued between $2.5 million and $20 million, and hosts a database that includes more than 100,000 luxury real estate buyers and agents from all U.S. states and 109 countries and territories. The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury properties over the past 10 years. The firm has sold over $400 million in properties since its founding in 2008. For more information, call 888-966-4759 or visit ConciergeAuctions.com.

SOURCE Concierge Auctions



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