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Concierge Auctions to Present 100 Via Del Lago in Palm Beach, Florida at Auction on May 22

Originally Listed For $10.75 Million - Reserve of $2.95 Million


News provided by

Concierge Auctions

Apr 28, 2010, 11:47 ET

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PALM BEACH, Fla., April 28 /PRNewswire/ -- Concierge Auctions will host a luxury real estate auction of 100 Via Del Lago in Palm Beach, Florida on May 22, announced Laura Brady, Co-Founder and Vice President of Marketing for Concierge Auctions.

Originally on the market for $10.75 million, the property is being offered with a reserve of $2.95 million. It has a pre-sale estimate of $3.85 million to $4.35 million.  The auction is being conducted by Concierge Auctions in cooperation with listing broker Reginald Fairchild and agent Nancy Mendel of Sotheby's International Realty.

Located on over half an acre in the prestigious estate section of Palm Beach, and only steps from private, deeded beach access, the custom built home features more than 5,500 square feet of living space, including four bedrooms and five bathrooms with luxurious accents and amenities.  The open floor plan seamlessly combines indoor and outdoor living with sweeping views of both the Atlantic Ocean and Lake Worth.  Ideal for entertaining, the home also has a custom outdoor pool, patio and expansive terrace.  

"This property provides the ultimate Florida lifestyle, located in one of the region's most premier locations and with deeded beach access directly across the street," Fairchild stated.  "With other homes in the estate section listed between $3.295 million and $47.5 million, and on average $11.124 million, this auction represents a tremendous opportunity."

"This is a fully transparent, live auction; one of which the estate section has not seen in years, if ever," Brady stated.  "We have identified the most motivated seller in this prestigious community and look forward to finding the new owner on May 22."

"We are excited about our entry into the Palm Beach market, one of the country's most exclusive addresses," stated George Graham, CEO of Concierge Auctions. "We are confident our auction platform will produce the highest price for Palm Beach owners who want to sell their luxury homes."

The auction of 100 Via Del Lago in Palm Beach, Florida will be held on Saturday, May 22 at 11am EDT.  Attendance will be limited to registered bidders and their representatives.  The property is available for preview daily from 12pm to 3pm and by appointment.  View Terms and Conditions of Sale for full details. For more information, visit www.FloridaBeachAuction.com or call 800-211-1785.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-end sellers nationwide.  A leading provider of services for individual and institutional owners of luxury residential real estate, Concierge Auctions is revolutionizing the industry by offering an accelerated marketing process that obtains fair market value for high-end properties in a determined time frame.  Building on a centuries-old method for selling the finest art and antiquities, the company combines the latest technologies and marketing programs with experienced personnel to generate the maximum value for the most premier properties in an open, competitive forum.  As a preferred auction provider to Sotheby's International Realty® and other luxury brokerage firms, the company has executed auctions throughout the country, from New York to Hawaii.  The company's database includes more than 30,000 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 www.ConciergeAuctions.com.

SOURCE Concierge Auctions

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