SUN VALLEY, Idaho, July 7, 2015 /PRNewswire/ -- Welcome to the first and last property of its kind, an irreplaceable residential compound with 71.3 secluded acres, bordered by 2,100 feet of river frontage and the towering slopes of Bald Mountain, just minutes from the Sun Valley Resort. Previously listed for $59.5 million, Big Wood River Estate is estimated to sell between $30 million and $50 million. The auction will be conducted without reserve on August 19th in cooperation with David Hutchinson of Thunder Spring Real Estate.
"Having spent over 10 years selling real estate in the West, I have seen properties sell for over $40 million that have a fraction of what Big Wood River Estate offers," stated Concierge Auctions VP Mike Russo. "I speak from experience when I say that the privacy, proximity and acreage of this extraordinary property is truly unique."
With three distinct timber and rock residential structures -- a main house with service quarters; a separate guest house overlooking an idyllic reflecting pond; and a charming gate house at the private entrance -- Big Wood River Estate was built to enjoy and entertain. Designed by renowned architect Alan Wanzenberg, the homes reflect the ease and charm of small town living with the sophistication of timeless mountain design.
The property's 71.3 acres -- the majority of which is improved and impeccably maintained -- are surrounded by a sea of untouched private land and include nine original lots, with plenty of space to add additional structures, ideal for expansion for an even larger family compound or corporate retreat, and natural, spring-fed ponds.
Stargazing on quiet evenings; roasting s'mores by the campfire; and casting lines into the rapids just steps from your back door -- all are at your fingertips. Or, pack a lunch and head outdoors, where endless recreation is within reach at a moment's notice, including Sun Valley's world-class skiing throughout the winter months, and invigorating hiking, mountain biking, horseback riding and more come warmer weather.
Once a historic mining community, Sun Valley is now an eclectic, arts and outdoor-driven hub with first-class spas and resorts, trend-setting eateries and both local and big name performers. The area is world-renowned for its Nordic skiing trail system, with 200 kilometers of groomed trails. Bald Mountain boasts a 3,400-foot vertical drop and 2,000 skiable acres, while Dollar Mountain is a more family-friendly alternative. The area also offers more than 30 miles of paved bike paths as well as hundreds of miles of single-track mountain bike trails.
Author Ernest Hemingway completed For Whom the Bell Tolls while staying at the Sun Valley Lodge in the fall of 1939, and other well-known visitors have followed suit through the years, ranging from Clark Gable and Marilyn Monroe to the Kennedy family and dozens of modern-day celebrities and business moguls.
"There are so many amazing properties in the Sun Valley area, but this is the creme de la creme. It's the number one," stated Bryant Dunn, owner of Sun Valley Outfitters. "Sun Valley is a remarkable place to raise a family. The community is made up of well-traveled, highly-educated people, and there are a lot of things to do for fun, from hiking and fly fishing to rafting and mountain biking, and of course there's the world-class skiing in the winter time. There's no other place that I would wish to call home."
Concierge Auctions will host a preview event at the property on July 23rd between 4 and 7pm. Private previews will be available to serious, qualified prospects by appointment only. Participants must RSVP by calling (212) 257-5018. The auction will be held on August 19th. See Auction Terms and Conditions for full details.
About Concierge Auctions
New York-based Concierge Auctions is the dominant player in the luxury real estate auctions sector, selling high-end properties worldwide through a transparent and market-based bidding process. Since its founding in 2008, Concierge's business has spanned the globe, including 27 US states and 5 countries, and the firm has produced numerous record-setting sales. Concierge recently received the "Best Overall Marketing" award from Who's Who in Luxury Real Estate, a global collection of more than 130,000 real estate professionals in more than 60 countries, and was named one of America's fastest-growing companies by Inc. Magazine.
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SOURCE Concierge Auctions