OAHU, Hawaii, Feb. 22, 2013 /PRNewswire/ -- A 101-acre ranch overlooking Oahu's famous "7-Mile Miracle" and the world-renown Sunset Beach, with arguably the best surfing in the world, will sell at a live auction on March 25th, Concierge Auctions has announced. Located on the North Shore along a gated, paved road in the hills, Paumalu Ranch consists of two parcels – a 45-acre ocean bluff parcel and a 56-acre mountain parcel, the latter of which is being auctioned without reserve. The properties are selling individually or collectively in cooperation with Neal Norman, R(B) and Julia Napua Fetzer, R(A) of Hawaii Life Real Estate Brokers. This is Concierge's third auction scheduled in Hawaii next month, following closely two others on the Big Island.
"Paumalu Ranch is the largest singular land offering available for sale on the North Shore," Fetzer stated. "Sculpted by mountain ranges and Pacific Ocean horizons, both parcels have unlimited potential — including use for equestrian, hunting, farming and ranching — and offer the ultimate in tranquility and privacy. The possibilities are endless."
"Not only is the sheer size of this property rare, but its location is also unbelievable," stated Norman. "Surfers from all over the world flock to the North Shore of Oahu to surf the waves at Pipeline, Waimea Bay and Sunset Beach, which are the gems of the stretch of coast known as the '7 Mile Miracle.' Paumalu Ranch sits directly above this stretch and has unparalleled views of the entire area. You will want to build your dream estate to take advantage of these perfect views and enjoy the proximity to all the North Shore has to offer."
Paumalu Ranch, located at 58-378 Kamehameha Highway in Haleiwa Town, the largest commercial center on the North Shore, boasts some of the most spectacular scenery in the world. Engulfed by a lush, native Hawaiian landscape including rugged mountains, verdant valleys and vast open space, the area is warm year-round and lends itself to countless ocean activities. Encompassing over a mile in length and totaling over 101 acres, Paumalu ranges in altitude from 400 feet above sea level to up to 600 feet. The property offers some of the best and most exclusive panoramic views of Oahu's North Shore, Mt Ka'ala and Kaena Point. The crashing waves below make the area one of the best surfing spots on the planet. Located minutes from the beach, Paumalu Ranch also offers a rare equestrian lifestyle, ideal for riding trails; hunting pheasant and wild boar; dirt biking; farming and ranching. Two ranch residences are allowed, with barns and accessory buildings permitted for each parcel. The property also offers security, open space, the ability to land a helicopter, water, electric, phone lines and privacy found in very few places in Hawaii. Paumalu Ranch not only provides an excellent vantage point to view surfing, but also humpback whales, along with a host of other amenities, including a location just three miles from the Turtle Bay Resort with championship golf and world-class dining, shopping and spa facilities.
Renowned for its legendary beaches and open country, the North Shore of Oahu is arguably the most sought-after place to live in Hawaii. Blessed with an idyllic year-round climate, Oahu is an ocean lover's dream, ripe for surfing, snorkeling, deep-sea fishing, paddle boarding, kayaking and sailing. Hiking and shell collecting are also common in the area. In addition to Sunset Beach, the area is also home to Pipeline and Waimea Bay, a stretch of beaches known as the "7-Mile Miracle" where every surfer comes to prove their worth. The area is home to the most premier surfing competitions during its winter months – when waves are known to rise up to 40 feet or more — including the Vans Triple Crown of Surfing from November through December. Located a one-hour drive from Waikiki and just 45 minutes to the Honolulu International Airport and the city of Honolulu, the North Shore is also home to the luxurious Turtle Bay Resort and Haleiwa Town, a great place to shop and eat.
"Paumalu Ranch is a rare and exceptional property. Its panoramic views of the ocean, sea cliffs and coastline are unmatched," stated Laura Brady, President of Concierge Auctions. "This sale represents the biggest buying opportunity Oahu has seen in some time — if ever. The seller is fully motivated, the timing is right, and the property is primed for enjoyment by its next owner."
Also next month in Hawaii, Concierge Auctions is selling a 10,056-square-foot Hualalai Resort residence in Kailua-Kona on March 18th, and a recently remodeled home within the exclusive Mauna Kea Resort in Kamuela on March 19th. For more information visit HualalaiAuction.com and MaunaKeaAuction.com.
The auction of Paumalu Ranch will be held on March 25th. A 2.5% commission is offered to the buyer's representing broker. See Auction Terms and Conditions for full details. For more information visit PaumaluAuction.com, call 888.256.2806 or join the discussion at #PaumaluAuction.
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