WOODSIDE, Calif., Oct. 1, 2012 /PRNewswire/ -- An exquisitely-restored circa 1920s French chateau known as "Le Soleil," which translates to "The Sun," located in the desirable and affluent community of Woodside, will sell to the highest bidder at an absolute auction on October 27th through Concierge Auctions. The property, located at 320 Harcross Road, is a spectacular five-acre gated estate with a main residence and five-car garage totaling approximately 13,000 square feet. Originally listed for $21 million, the sale is being conducted in cooperation with listing agent Mary Gullixson of Alain Pinel Realtors, Inc. The property is open for preview daily from 1 to 4 p.m.
Kevin Kalkhoven, an Australian venture capitalist, IndyCar enthusiast and former chief executive officer of JDS Uniphase, is one of the beneficiaries of the ownership trust. While Kalkhoven and his family are enjoying their new home in the East Bay, he will miss the property's "feeling of glamour" and its ideal location. "You walk through the gate and feel like you're a million miles away from Silicon Valley, while in reality you're only 10 minutes."
Constructed in the 1920s, Le Soleil offers rare architectural qualities updated with modern technology and amenities, including interior decor by world-renowned designer John Stefanidis. The residence boasts seven bedrooms, seven full and two half bathrooms, a ballroom with fireplace, a banquet-sized dining room, wine cellar with tasting bar, a billiards room and a library. Outdoors, there are two gated entrances, vast lawns, parterre gardens, a croquet lawn, vineyards and terraces, a pool, a spa, a gated tennis court and garage space for nine cars.
High-end sales are common in this area, with two of the four most expensive 2011 sales in the country occurring near Woodside. The highest sale was a $100 million estate purchased in Los Altos Hills and the fourth largest was the Pine Brook Estate in Atherton, once owned by a great-grandniece of denim entrepreneur Levi Strauss, which sold for $53 million.
According to Gullixson, "If you wanted to build a house this size today, you wouldn't be able to because of regulations in Woodside. It has close proximity to Stanford University and Sand Hill Road, home to the venture capital community, and is also close to several prestigious private schools including Sacred Heart Schools, Menlo School and The Phillips Brooks School."
Home to many CEOs, celebrities and founders of a number of Silicon Valley's renowned high-tech companies, Woodside is considered to be among the wealthiest communities in the United States. Successful companies headquartered in the area include Apple, Google, Hewlett Packard and Facebook. Woodside is only 30 minutes from San Francisco and about 1.5 hours away from Napa Valley and Pebble Beach.
"This auction presents one of the most lavish estates in what is arguably our nation's hottest luxury real estate market right now," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "We invite anyone interested — or anyone who might know someone who might be interested — to visit the daily open house events and experience it first-hand."
The auction of Le Soleil will be conducted live on October 27th. A 2% commission is offered to the buyer's representing broker. The property will be open daily from 1 to 4 p.m. and by appointment. See Auction Terms and Conditions for full details. For more information, call 877-888-4269 or visit WoodsideAuction.com.
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. 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 ConciergeAuctions.com
SOURCE Concierge Auctions