Concierge Auctions to Sell Stately Country Manor Near Albany and Adirondack Camp in Upstate New York Without Reserve

10,000-square-foot gated residence and Adirondack lakefront retreat both to sell to the highest bidder, regardless of price

Mar 21, 2011, 15:10 ET from Concierge Auctions

NEW YORK, March 21, 2011 /PRNewswire/ -- A recently renovated, country manor estate boasting more than 10,000 square feet located just outside Albany in the tiny hamlet of Loudonville and a sprawling Great Camp nestled in the heart of the picturesque Adirondack Mountains will sell during live, on-site auctions, Concierge Auctions has announced. Both will be auctioned without reserve to the highest bidders regardless of price. The sales will take place in cooperation with listing agent Harold Reiser and President and CEO John Burke of Select Sotheby's International Realty.

"My firm has had the pleasure of working alongside Concierge Auctions on a number of successful sales over the past two years. Their skill at identifying the most motivated and capable luxury sellers is a great benefit to buyers," Burke stated. "At the end of the day, a non-contingent auction sale with a closing in 30 days is a win-win for everyone."

Originally listed for $2,900,000 and selling at auction without reserve on April 26, 12 Cherry Hill Lane in Loudonville, NY, near Albany, is a stately country manor set amidst 3.1 acres of exquisitely landscaped grounds and gardens. Enjoying more than 10,000 square feet of living space, the estate elegantly blends traditional architecture with unique modern amenities. The property contains eight bedrooms, seven full bathrooms, three half-bathrooms and extraordinary amenities including three fireplaces, a spacious gourmet chef 's kitchen, an indoor pool, tennis court, a private sauna and spa, a spacious barn and lush gardens. The current owners transformed the original 1939 property in 2004, adding three wings and expanding the open floor plan. Interior finishes include stunning wide-plank hardwood floors, impressive cathedral ceilings, crown molding and built-in workspaces.

"12 Cherry Tree is a unique estate, with the perfect combination of historical attributes and modern luxury amenities," stated Reiser. "The new owner will not only enjoy building their future in this home, but after bidding during the live auction they will also rest assured that their purchase price was fair market value."

Originally listed for $6,495,000 and selling at auction without reserve on August 5, Great Camp Kwenogamac on Long Lake in north-central New York State offers the rarest of experiences: communion with nature in a secluded, utterly private traditional Adirondack rustic estate that provides the utmost in luxurious comfort and a true playground for outdoor and nature enthusiasts. Nestled behind a gate on a private road among a vast 42-acre matured forest, the property is a fully-sustainable showpiece in any season and features unrivaled panoramic mountain views in three directions, more than 1,200 feet of Long Lake frontage with a natural sand beach, Adirondack architecture and history all perfectly blended with the finest of modern amenities and green innovation. Thirteen completely self-sufficient structures expand the property, including a significant c.1903 three-story, seven-bedroom summer lodge, original kitchen building, a guesthouse and a boathouse -- each exquisite in both form and function while together offering nearly 13,000 square feet of living space.

"There is no other property quite like Camp Kwenogamac. Description does not do justice to the pristine condition of the structures and the natural setting -- they must be experienced," Burke added. "I look forward to finding new owners who will continue to build upon its longstanding pedigree."

"Auctions without reserve are the most transparent way to identify true value. The sellers of 12 Cherry Tree and Camp Kwenogamac have made a calculated decision to sell to the highest bidder, regardless of price in order to move on toward other opportunities," stated Laura Brady, VP of Marketing for Concierge Auctions. "Any buyers searching for a home in the Loudonville area or a once-in-a-lifetime Adirondack retreat should view these properties and learn more about the auctions."

The live, on-site auction of 12 Cherry Hill Lane will be held on April 26. A 2% commission is offered to the buyer's broker. The property is available for preview daily from 1 to 4 p.m. and by appointment. For more information call 866-605-7287 or visit AlbanyLuxuryAuction.com.

The live, on-site auction of Camp Kwenogamac will be held on August 5. A 2.5% commission is offered to the buyer's broker. The property is available for preview daily by appointment. For more information call 877-214-3785 or visit AdirondackCampAuction.com.

Both auctions will enable participation in person or proxy via telephone or Internet. Preregistration is required. See the Auction Terms and Conditions for full details.

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.

About Select Sotheby's International Realty: Select Sotheby's International Realty has offices in Saratoga Springs, Lake George and Lake Placid, NY, representing extraordinary properties from the Catskills to the Canadian Border and the Vermont Border to the Finger Lakes Region.

About Sotheby's International Realty Affiliates LLC: Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby's International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, entered into a long-term strategic alliance with Sotheby's, the operator of the auction house. The agreement provided for the licensing of the Sotheby's International Realty name and the development of a full franchise system by Realogy's subsidiary, Sotheby's International Realty Affiliates LLC. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby's International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby's auction house, established in 1744. For more information, visit SelectSothebysRealty.com.

SOURCE Concierge Auctions



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