Concierge Auctions Announces November 12th Auction Without Reserve Of The Stunning, Historic 2.95-acre Oceanfront "Hale Kai" Estate On The Big Island Of Hawaii

KAILUA-KONA, Hawaii, Oct. 17, 2013 /PRNewswire/ -- New York-based Concierge Auctions is pleased to announce the November 12th auction without reserve of Hale Kai, a 2.95-acre oceanfront paradise offering unparalleled beauty, history and privacy, and conveniently located only 16 miles south of Kona International Airport. Designed by renowned architect Vladimir Ossipoff, the mid-century modern home was originally built for one of Hawaii's first senators, William H. "DOC" Hill and his wife Ouida, and has hosted notable visitors for decades -- including John Wayne and Pilar Palette, who were married on the grounds in 1954. Previously offered for $6.8 million, Hale Kai will sell to the highest bidder in cooperation with Bud Norwood, R(B) of Coldwell Banker Maryl Realty and Jim Allison, R(S) of Mauna Kea Realty.

(Photo: http://photos.prnewswire.com/prnh/20131017/NY99635 )

"Nowhere else in Hawaii is there an opportunity to own a piece of property like Hale Kai on Keauhou Bay," stated Norwood. "Every time I am at the estate I am recurrently impressed with how beautiful this property is. Just the location alone -- you cannot be in a more stunning and beautiful place!"    

"Hale Kai is a one-of-a-kind property that embodies the spirit of old Hawaii. As soon as you step foot onto the estate, it overwhelms the senses with its calming, tranquil and simplistic beauty," stated Allison. "It's a place you have to experience to appreciate. The home itself is rich with history dating all the way back to King Kamehameha. I look forward to an exciting and successful auction and truly hope that the future owners of this estate embrace the history of this home and beauty of this property. There really is nothing else like it."

Beyond the gated private entrance of Hale Kai, the estate includes a main house, a tiled pool, pool house, guest quarters, caretaker's quarters and tennis courts. In all, the resort-like home totals five bedrooms and six bathrooms.

A master of design, with notable works throughout Hawaii, Vladimir Ossipoff excelled in the personal interpretation of this home as well as the individuality of the piece of land on which it sits. The principals of Ossipoff design have resulted in his work looking as fresh today as it was when it was first constructed over a half a century ago. The layout is open, so that it feels as though Hawaii is a constant visitor. Originally used as a weekend and summer getaway, Ossipoff designed Hale Kai for minimal maintenance and to retain the Hawaiian atmosphere of relaxation and entertaining. Each of the property's bedrooms is separate and detached, offering the guests ultimate privacy and seclusion.

Meticulously crafted to take full advantage of the year-round tropical environment, Hale Kai seamlessly incorporates 4,321 square feet of indoor-outdoor living space. Every room in each of the four buildings on the property was designed to take maximum advantage of the sea breezes during the day and mountain breezes by night.

On the Kona Coast of the Big Island of Hawaii, Keauhou Bay is a narrow lava shaped inlet seven miles south of Kailua-Kona. As in the day of Hawaiian royalty, the bay provides ocean access par excellence for canoeing, kayaking and paddling alike, as well as a launching place for snorkel cruises and deep sea fishing boats.

"We are very happy with our decision to work alongside Concierge Auctions for the marketing and sale of this stunning, unique, and historic Keauhou Bay estate," stated the sellers, Sharon and George Handgis. "History abounds the 2.95-acres – you can feel the 'mana,' (power) present the moment you enter the property. Hale Kai is one of Hawaii's best-kept secrets. It provides the epitome of privacy while being steps away from every modern activity available. You won't believe the beauty until you see it, and even then, it's hard to believe! This is simply Hawaii living at its best. We have made unforgettable and wonderful memories here at Hale Kai, and we know the next owners will as well. It is truly one-of-a-kind."

"We continue to make our mark as the top luxury real estate auction firm in Hawaii and are excited for Hale Kai to be our 30^th successful sale in the state," stated Laura Brady, President of Concierge Auctions. "Our auction process has proven to be the most effective way to connect affluent buyers across the globe with sellers of the most unique Hawaii properties in a time-efficient manner. Hale Kai holds a coveted location and a rich history -- incomparable attributes that make it ideal for the auction platform."

The auction of Hale Kai, located at 78-120 Holua Road in Kailua-Kona, will be held live on November 12th. A 2.25% commission is offered to the buyer's representing broker. The property will be open 1-4pm daily and by appointment. See Auction Terms and Conditions for full details. For more information, visit HaleKaiAuction.com, call 888.953.1310 or join the social discussion at #HaleKai.

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.

This property is listed for sale Kaunaoa Realty, LLC DBA Mauna Kea Realty (Lic #RB-18065), (808) 882-5600, James F. "Jim" Allison (R)S (Lic#RS-44468) -- 62-100 Mauna Kea Beach Drive, Kohala Coast, HI 96743 -- and Coldwell Banker Maryl Realty (Lic # RB-16961 ), (808) 331-3232, Bud Norwood (Lic # RB-11909) -- 75-1000 Henry Street, Ste 203, Kailua-Kona, HI 96740. Concierge Auctions, LLC has an Auctioneer's License issued by the County of Hawaii, is the provider of auction marketing services, is not a brokerage, and is not directly involved in selling real property. The services referred to herein are not available to residents of any state where prohibited by applicable state law. Concierge Auctions, LLC, its agents and affiliates, broker partners, Auctioneer, and the Sellers do not warrant or guaranty the accuracy or completeness of any information and shall have no liability for errors or omissions or inaccuracies under any circumstances in this or any other property listings or advertising, promotional or publicity statements and materials. This is not meant as a solicitation for listings. Brokers are fully protected and encouraged to participate. See Auction Terms & Conditions for full details.

SOURCE Concierge Auctions