PLANO, Texas, April 18, 2013 /PRNewswire/ -- On May 23rd, Concierge Auctions will present an exceptional and unique opportunity to purchase a truly luxurious home, known as Grand Gables at Kings Gate, in Plano, Texas through a live auction without reserve. Situated on 2.21 acres in the tranquil, private community of Kings Gate, only 25 minutes from downtown Dallas, this property's location represents the best of both worlds with its ideal feel for both city and country estate living. Originally offered for $6.5 million, this magnificent residence will sell to the highest bidder in cooperation with Jonathan Rosen of Briggs Freeman Sotheby's International Realty.
"My firm had the pleasure of working with Concierge Auctions last year on the sale of the Champ d'Or estate, so I have witnessed first-hand their success in presenting real buying opportunities of luxurious and unique properties," stated Rosen. "Grand Gables is an exquisite residence with majestic elements in every inch of its design. It's location on a double-lot in Kings Gate -- a beautiful and quiet community with a private lake, jogging trails and outstanding schools -- makes it an ideal escape or family home. Selling without reserve, this is a true opportunity for anyone searching for a luxury estate in the DFW Metroplex."
"This is an absolutely beautiful home that my family and I had the privilege to enjoy for years. However, we have now moved our base of operations and are no longer able to enjoy it as much as we once did," stated the seller Jim Broderick. "I was introduced to Concierge by a real estate agent friend, whom they have partnered with in the past, and became familiar with their successful track record of selling premier properties nationwide. We are confident that the auction outreach will make the market aware of our motivation and find new owners who will love and enjoy this residence as much as we have."
Boasting meticulously-designed details throughout, Grand Gables at Kings Gate features five bedrooms, five full and one half bathrooms, and two high, open-ceiling living rooms. Amenities include a theatre room with 7.1 THX certified surround sound, movie theatre lighting, sound-proofed walls and three levels of stadium seating, and an expansive exercise room, located next to the master bedroom and complete with a balcony overlooking the pool. The home's kitchen is a professional-grade chef's dream with four ovens and two warming drawers, a spacious center island and gorgeous granite countertops. The estate also features two game rooms, a wine cellar, a trophy room and a library/study with an impressive, black-tiled fireplace, a private patio and a secret bookshelf leading to the staircase and exercise room.
The front of the home offers a stunning gated entrance that opens into an impressive, circular driveway. Outdoors, residents will enjoy a lush and spacious backyard that includes a heated, in-ground pool and attached spa, a four-car garage and multiple balconies with covered and open-air patios.
"As a preferred provider of auction services to Sotheby's International Realty and after our recent Dallas sale of Champ d'Or, we are excited to again be working with Briggs Freeman Sotheby's International Realty," stated Laura Brady, President of Concierge Auctions. "Mr. Broderick is an ideal seller for our platform, as he has already moved on and is committed to finding a new owner. With its ideal location, stately views and magnificent details, we are confident the new owners named on auction day will be thrilled with their purchase of this property."
The auction of Grand Gables at Kings Gate, located at 6508 Old Gate Road, will be held live on May 23rd. A 3% commission is offered to the buyer's representing broker. The property is open for preview daily from 1 to 4PM and by appointment. See Auction Terms and Conditions for full details. For more information, visit PlanoAuction.com, call 877-705-9361 or join the online social discussion at #GrandGables.
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 ConciergeAuctions.com.
SOURCE Concierge Auctions