Concierge Auctions to Sell Two Premier Delaware Bayshore Estates at a Live Auction Without Reserve on July 19th

MILTON, Del., June 9, 2011 /PRNewswire/ -- Two permanently protected farms located on 1.5 miles along the Broadkill River with direct access to Delaware Bay known as Island and Sanctuary Farms will sell during a live auction on July 19th, Concierge Auctions has announced. The sale is being conducted in cooperation with listing brokers Dustin Oldfather of Ocean Atlantic Sotheby's International Realty and Laird Bunch of Brandywine Fine Properties Sotheby's International Realty. Originally listed with another brokerage firm for $13.4 million, the properties are now set to sell without reserve, to the highest bidder(s) either in two parcels or as an entire estate.

"Island and Sanctuary Farms offer the ultimate in privacy and are unrivaled when it comes to amenities. The location is a true paradise for those who love the outdoors," Oldfather stated. "This auction presents a tremendous opportunity to own a luxurious waterfront estate for your chosen bid. The seller is committed to finding a new owner on July 19th and we're excited to help make that happen."

Encompassing more than 513 picturesque acres with almost 4,000 feet of common boundary with the 10,000-acre Prime Hook National Wildlife Refuge and in close proximity to extensive amenities and dining in Lewes and Rehoboth Beach, Island and Sanctuary Farms are two of the rarest conservation ownership opportunities in the Delaware Bayshore Region. Each boasts remarkable and diverse wildlife, hunting, fishing, bird watching and equestrian opportunities throughout its rolling terrain with woodlands, streams, wetlands and open farm fields. A conservation easement enables many open space uses on the farms, including generating revenue from farming and hunt club leases.

Bidding Segment A: Sanctuary Farm – 293+ acres with a 3,500-square-foot lodge

Bidding Segment B: Island Farm – 219+ acres with a 5-acre building envelope and a boat landing/launch

Bidding Segment C: Both Island and Sanctuary Farms

"Following many successful sales throughout the Northeast, Concierge Auctions is excited to continue growing as we expand our presence into Delaware," stated Laura Brady, VP of Marketing for Concierge Auctions. "As the preferred provider of auction services to the Sotheby's International Realty, we're also thrilled to continue to work with many of the nation's most innovative listing agents to find the ideal owners for each property we auction."

The auction of Island and Sanctuary Farms will be held on July 19th. A 2% commission is offered to the buyer's representing broker. The property will be available for preview daily by appointment. For more information call 877-463-5280 or visit IslandSanctuaryAuction.com.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction 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 Sotheby's International Realty^® and other 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 www.ConciergeAuctions.com.

SOURCE Concierge Auctions