Luxury Mountain Estate In Sun Valley, Idaho Sold In 5 Weeks By Concierge Auctions And Sun Valley Sotheby's International Realty 112 showings generated in only 5 weeks for 7,872-square-foot mountain retreat

SUN VALLEY, Idaho, Aug. 30, 2012 /PRNewswire/ -- NYC-based Concierge Auctions continues to prove itself as the national leader in auctioning luxury properties with the announcement of today's sale of a secluded 16-acre estate known as "Top of the Mountain Hideaway" in Sun Valley, Idaho. Situated in the exclusive Lake Creek Meadows subdivision, the property offers a luxury residence, guest house and barn, completely enveloped by steep wooded hillsides, open pastures and rugged mountains. The live auction was conducted in cooperation with listing agents Sue Engelmann and Fern Mackenzie of Sun Valley Sotheby's International Realty. The buyer is from out-of-state and is represented by Alex Hughes of Sun Valley Real Estate, an exclusive affiliate of Christie's International Real Estate.

In only 5 weeks the Concierge Auctions advertising and sales campaign generated 1200+ website visitors, 200+ inquiries, 112 showings and 7 bidders.

"The width and breadth of the Concierge promotional process was astounding and resulted in more showings in 5 weeks than the property had received in over 5 years on the market," stated Engelmann. "We not only had a tremendous out-of-market response, but perhaps more insightful, dozens of local property owners — those who actually understand value in the Valley — stepped forward with interest. The best properties in the area were developed early on, so many who have purchased new-construction homes recently never got a shot at very special parcels like this."

126 Lake Creek Meadows contains seven bedrooms, seven and one half bathrooms, three fireplaces and an expansive game room. There is a deck and three furnished patios, a five-car garage, horse facilities including a four-stall barn and stables, a swimming pool and a separate two-bedroom guest house. Fenced pastures on the lower elevations provide plenty of space for horses to graze and roam, while the surrounding public lands provide opportunity for hundreds of miles of riding.

The seller, David Goodman, carefully considered the auction process before deciding on the platform. He adds: "I'm glad we decided to go this route. The Concierge team did everything they said they would and more. We're sorry to leave this lovely spot, but we are thrilled to be moving on to other opportunities."

"Our Rocky Mountain success continues to accelerate," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "The 'Top of the Mountain Hideaway' joins the ranks of our recent sales in other premier mountain communities such as Telluride, Aspen, Vail, Jackson Hole and Big Sky. We will be conducting at least two more Sun Valley auctions this fall, so stay tuned."

Concierge Auctions also announced that 106 Howard Drive, a ski home at the base of Bald Mountain, will now be sold at auction on November 1st. For details visit SunValleyAuction.com.

If you or someone you know is interested in 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-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



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