Concierge Auctions to Sell Luxury Equestrian Estate Near Aspen, Colorado With no Minimum Bid Required

ASPEN, Colo., March 11, 2011 /PRNewswire/ -- Cedar Ridge, a breathtaking luxury ranch and equestrian paradise comprised of 102.5 acres overlooking Mount Sopris will sell at a live, on-site auction on April 19, Concierge Auctions has announced. Originally listed in its entirety for $8,950,000, the property will be auctioned in two parcels, then in its entirety, and will sell to the highest collective bid(s). There is no minimum bid required to participate. The sale is being conducted in cooperation with listing agent Rod Woelfle of Mason Morse Real Estate Company.

"Cedar Ridge is a true mountain escape with ultimate privacy, extensive equestrian facilities and spectacular pastoral views extending out to Mount Sopris," Woelfle stated. "This property is only 30 minutes from the Aspen airport and all of the amenities offered in Aspen Valley, yet remains tranquil, private and welcoming. We look forward to working with Concierge Auctions to find its new owner."

Located at 3059 CR 103, Cedar Ridge offers stunning views throughout its 102.5 acres. The 8,573-square-foot main residence – a five bedroom, five and a half bathroom custom home envisioned by well-known architect and Carbondale resident Ron Robertson - offers high-end design and finishes including rich red oak wood floors and beams (reclaimed from an Iowa barn), built-in furniture, eight fireplaces(four of which are wood burning), an open floor plan and a gourmet kitchen.

The home was designed with efficiency in mind for minimal maintenance and upkeep and features various smart home amenities and green technology: a geo-thermal heating and cooling system, an air-exchanger, sun screens or overhangs, an aluminum roof and eight decks that each have a tile decking system that holds the heat from the sun and melts the snow and ice in the winter, draining the water away from the home.

An adobe "Casita," a 1,085-square-foot guest house tucked into the hillside, and a 1,796-square-foot caretaker's duplex provide additional room for employees or guests. Built in 2003, the two-story guest house has two bedrooms and one and a half bathrooms with a trail leading to a place for riding. The duplex, built in 1981, has additional private living with one bedroom upstairs and two bedrooms downstairs. There is also a two-car, 832-square-foot garage and mud room on the property.

Even the most enthusiastic equestrians will be pleased with the heated 14,000-square-foot indoor riding arena, 20-stall barn with two outdoor arenas and paddocks. The facilities are suited for all disciplines from ranch versatility to dressage to cross country jumping. In addition, Cedar Ridge offers one of the premier cross country courses in the Roaring Fork Valley, and the grassy meadows and densely covered hillsides are ideal for trail riding.

"Recently ranked by the Wall Street Journal as 'The Most Expensive Town in America,' outpricing the Hamptons, Beverly Hills and Palm Beach, Aspen has maintained its demand and cache among the most discerning vacationers and property owners," stated Mike Russo, Vice President of Project Management for Concierge Auctions. "The owner of Cedar Ridge is committed to selling and fully prepared to meet a new buyer on April 19. This is a tremendous opportunity to name the price for a one-of-a-kind property in one of our nation's most desirable areas and should not be missed."

Located only 30 minutes from Aspen, Cedar Ridge residents will enjoy all of the amenities offered by the Aspen Valley. With the historic and multi-cultural town of Aspen as its epicenter, the Aspen Valley shines as one of the brightest stars in the resort world. The area offers the best of year-round outdoor activities and boasts more than 300 days of sunshine a year. Four world-class mountains - Aspen Mountain, Aspen Highlands, Buttermilk and Snowmass - each offer different attributes and combine to create the best skiing in Colorado. Warmer days lead adventurers to enjoy hiking, biking or horseback riding, fly fishing, rafting and kayaking in the Gold Metal waters of the local rivers. The Aspen Valley also has extensive arts programs, world-class shopping, luxurious spas and cosmopolitan nightlife.

The live, on-site auction of Cedar Ridge Estate will be held on April 19. There is no minimum bid required to participate. See Auction Terms and Conditions for full details. Bidders will be able to participate in person or proxy via telephone or Internet. A 3% commission is offered to the buyer's broker. The property is open for preview daily from 1pm to 4pm by appointment. For more details visit CedarRidgeAuction.com or call 877-472-3686.

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 10,000 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