KAILUA-KONA, Hawaii, April 25, 2012 /PRNewswire/ -- A premier island residence within the exclusive Kuki'o Golf and Beach Club, a private oceanfront club and residential community developed by Discovery Land Company that offers ultimate privacy, unparalleled amenities and breathtaking Pacific Ocean frontage, will sell at auction on May 24th through NYC-based Concierge Auctions. The sale of the 9,277-square-foot, furnished estate, originally listed for $9.75 million, will be conducted in cooperation with Kuki'o Properties. Bidding will begin at $3.995 million, or the property can be purchased prior to auction for a Buy-It-Now price of $8.195 million.
"Every detail of this home celebrates its location, facilitating outdoor living and the relaxed, informal lifestyle the Islands are known for. Everywhere you turn, there is an effortless transition between the interior and exterior living spaces," stated Carrie Nicholson, Principal Broker at Kuki'o Properties. "Real estate is all about location, and it doesn't get any better than Kuki'o. We're pleased to work with the Concierge team again and look forward to what will be our fifth successful sale together and to introducing a new owner to the community."
Todd Moen of The Moen Group, a personal representative of the seller, understands the seller's motivations and believes the Concierge Auctions process is a great fit. "I became familiar with Concierge over a year ago and have watched their skill at matching buyers and sellers of some of the most sought-after properties in the nation," Moen stated. "The Concierge team will only consider assignments where the owner is committed to accepting the market value as identified by the bidders on Auction Day, and as a result buyers and agents trust that their inventory presents the best opportunities. No doubt this is one of them."
Lot 57, also known as 72-119 Kahawaliwali Place, is a prime site on Kuki'o's 10-hole Tom Fazio-designed golf course. Located on a 29,359-square-foot lot, its exterior features include a stucco finish with Cedar shake roof and Honduran mahogany detailing. There is an outdoor dining area with a BBQ, a wet bar, an infinity-edge swimming pool and spa and an outdoor shower. Indoors, the stunning master suite features Tigerwood flooring, a mahogany ceiling and its own covered lanai. Additionally there are four guest suites – all with private entrances – five bathrooms, a powder room, a gourmet kitchen and plenty of expansive spaces for entertaining.
"Our success record in Kuki'o is 100%, as we have sold every property we've represented in the community," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "It's no wonder why. Envisioned by the prestigious Discovery Land Company, whose roster also includes The Estancia Club in Scottsdale, Arizona; El Dorado in Cabo San Lucas, Mexico; and Iron Horse in Whitefish, Montana, among many others, Kuki'o is without question one of the most private and refined oceanfront clubs in the world. Those who purchase here are not only buying exquisite real estate but also an unparalleled lifestyle. The opportunity to name the price at auction only sweetens the deal."
Kona, which means "leeward" in Hawaiian for its location along the sunny west coast of Hawaii's Big Island, enjoys more than 300 days of sunshine a year. Warm all year round, Kona is famous for sportfishing, snorkeling, gorgeous sunsets and its inimitable Kona coffee. It is the center of commerce and of the tourist industry in West Hawaii and is served by the Kona International Airport. Kuki'o is the Big Island's only private equity golf and beach club community. The Club includes a full-service Member's Clubhouse, extensive spa and fitness facilities, a dining pavilion, beach bar, signature Outdoor Pursuits Ocean Sports program, a Tom Fazio-designed 10-hole short course and also an 18-hole championship course.
The auction will be conducted on May 24th. A 3% CSB is offered to the buyer's representing agent. See Auction Terms and Conditions for full details. The property will be open for preview on Saturdays and Sundays between noon and 3pm (RSVP required) and daily by appointment. For more information, call 800-436-0346 or visit KukioLuxuryAuction.com.
About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction marketing 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 ConciergeAuctions.com.
About Kuki'o: Kuki'o is a private equity Golf and Beach Club on the Big Island of Hawaii. The Beach Club includes a full service Member's Clubhouse, extensive spa and fitness facilities, dining pavilion, beach bar, a 10-hole Tom Fazio-designed short course, and Kuki'o's signature Outdoor Pursuits Ocean Sports program. Upslope from the short course is Kuki'o's 18-hole Tom Fazio-designed championship golf course, featuring dramatic panoramic views of the coastlines. The Kuki'o Golf Clubhouse includes an open air bar, dining pavilion, full size men's and women's locker rooms, and Golf shop. The amenities at Kuki'o blend with the island's natural physical features to create a truly unique environment. Nearby bays - Uluweuweu and Kua - enhance this dramatic setting, and adjacent Kikaua Point Beach Park includes two pristine white sand beaches - an ideal location for swimming and a variety of ocean sports activities. Kuki'o was developed by Discovery Land Company, an Arizona-based real estate development firm that specializes in the creation of world-class golf and residential communities, and whose other successful projects include: The Estancia Club in Scottsdale, Arizona; El Dorado in Cabo San Lucas, Mexico; Iron Horse in Whitefish, Montana; CordeValle Golf Club in the Silicon Valley, California; Vaquero in Westlake, Texas; The Mirabel Club in Scottsdale, Arizona; The Hideaway Golf Club in La Quinta California; and Mountaintop in Cashiers, North Carolina. For more information visit Kukio.com.
SOURCE Concierge Auctions