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Concierge Auctions Presents Three of the Nation's Best Buying Opportunities in Kaua'i, Hawaii's Kukui'ula Golf & Beach Community

Three new cottages on Kauai's South Shore near Poipu Beach to be sold to the highest bidders in cooperation with Kaua'i Heritage Properties, LLC — two Without Reserve


News provided by

Concierge Auctions

May 24, 2012, 02:47 ET

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KAUA'I, Hawaii, May 24, 2012 /PRNewswire/ -- Three luxury cottages located within Kukui'ula, an ocean view real estate development and community ripe with amenities amongst the lavish landscapes of Kaua'i, will be sold at auction on June 21st by Concierge Auctions. The plantation-style homes — Cottages 10, 11 and 12 — were built by Linthicum and will sell Bidder's Choice, two Without Reserve, which means they will sell to the highest bidders. The sale is being conducted in cooperation with Hannah Sirois (PB) and Peter Sirois (BIC) of Kaua'i Heritage Properties, LLC.

"This auction presents a variety of options, as buyers can purchase one, two or three of the cottages and either live within Kukui'ula and enjoy its countless amenities or consider renting them out when not in residence," Sirois stated. "This is certainly the best opportunity the South Shore has seen in some time. The chance to not only own a new construction home but also within the astounding beauty of Kukui'ula — for what likely will be a great value — is an exciting proposition."

Previously offered for $2.25 million, Cottage 10 is a new-construction residence with white water views, custom windows and doors and beautiful wood flooring throughout. It contains three bedrooms; three and a half bathrooms; approximately 1,931 square feet of interior living space; two outdoor showers; tropical landscaping that accentuates the island feel; a large, screened-in lanai on the lower floor that greatly expands the living area; and a one-car garage. The lot is 11,540 square feet.

Cottage 11 is also new construction with mirroring luxury details including beautiful windows, doors and flooring. Previously offered for $1.95 million, the residence includes two bedrooms, two and a half bathrooms, and approximately 1,579 square feet of interior with an additional 933 square feet of exterior lanai living spaces. Selling fully furnished, Cottage 11 also features a one-car garage, two outdoor showers and lush, tropical landscaping.

Previously offered for $1.495 million, Cottage 12 contains two bedrooms, two and a half bathrooms and enjoys the same luxurious design and amenities as the other cottages. The residence features approximately 1,425 interior square feet, an additional 681 square feet of outdoor/lanai living, and a one-car garage.

Todd Moen of The Moen Group, a personal representative of the seller, recently partnered with Concierge Auctions on another Hawaii property sale. "Having worked with Concierge on the auction of a residence in the exclusive Kuki'o Golf and Beach Club in Kailua-Kona, I can attest that their process is highly professional and beneficial to both buyers and sellers alike. The seller of the Kukui'ula properties is committed, and this is a solid opportunity to own one or more luxury cottages in one of the most beautiful places on the world."

Located on the south shore of Kaua'i, Kukui'ula encompasses 1,010 lush acres and offers the utmost luxuries of a modern private club. It is the newest entry into Hawaii's luxury market and worthy of its preferred status. Owners and their guests enjoy Pilates at the spa, fresh produce plucked from the community farm and countless other island activities for people of all ages, including golfing on the private, 18-hole Tom Weiskopf course, complete with a gently-rolling hillside, views of the dramatic mountains, and the sea as its backdrop. Kaua'i, also known as Hawaii's "Garden Island," is often referred to as one of the world's most dramatic destinations. The South Shore is a tranquil area of sunshine and beaches, with views of both mountains and sea. It is home to Poipu Beach Park, one of the best known and most popular in Hawaii, and to Koloa, a plantation town of authentic historic charm. The state's most comprehensive botanical garden is located in this area, as is the famous geyser of seawater known as Spouting Horn. Nearby Lihue Airport is the aviation gateway to Kaua'i, with direct routes to Honolulu, Maui, the United States mainland and Vancouver, Canada.

"Hawaii has fully embraced the Concierge Auctions process, resulting in nearly $70 million in Hawaiian sales in recent years — not counting our four other Island auctions currently underway," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "Our 100% success rate on Kaua'i has proven to the market that our clients mean business. We look forward to continued momentum as we identify the next three owners in Kukui'ula."

The auction of the three cottages will be held on June 21st. Attendance will be limited to registered bidders and their representatives. Remote bidding will be available. A 3% cooperating broker commission is offered to each buyer's representing broker. See Auction Terms and Conditions for full details. The properties will be open for preview daily from 1-4pm and by appointment. For details visit KauaiAuction.com or call 866-605-7286.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction marketing 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 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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