WOODSIDE, Calif., May 11, 2012 /PRNewswire/ -- Following its successful sale of the 20-acre "Heartridge" estate in Hidden Valley, California last month, Concierge Auctions will continue its impact on the California luxury real estate market with the June 14th auction of an exquisitely-restored and renovated French chateau in Silicon Valley known as "Le Soleil," which translates to "The Sun". The property is located on five private acres with an impressive, over 11,000-square-foot main residence in the premier and affluent community of Woodside. Originally listed for $21 million, the Starting Bid is $7.9 million and the Instant Gavel price, which would allow a buyer to purchase the property prior to the auction, is $12.95 million. Also known as 320 Harcross Road, the sale of the estate is being conducted in cooperation with listing agents Mary and Brent Gullixson of Alain Pinel Realtors, Inc.
"Rich in history, this masterpiece was built in the 1920s and is so magnificent and grand that if you wanted to build a house this size today, you wouldn't be able to because of today's Woodside regulations. It's an amazing, impressive property with updated amenities throughout," Mary Gullixson stated. "Woodside is arguably one of the best places to live in the entire country, with close proximity to Stanford University and Sand Hill Road, home to the venture capital community. It is also close to several prestigious private schools including Sacred Heart Schools, Menlo School and The Phillip Brooks School. With two international airports and jet centers in nearby San Francisco and San Jose, the new owners of Le Soleil will literally have everything at their fingertips."
High-end sales are common in this area with two of the four most expensive 2011 sales in the country occurring near Woodside. The highest sale was a $100 million estate purchased in Los Altos Hills and the fourth largest was the Pine Brook Estate in Atherton, once owned by a great-grandniece of denim entrepreneur Levi Strauss, which sold for $53 million.
"Le Soleil" is a 12,951-square-foot home built with multiple wings on more than five gated and private acres. Constructed in the 1920s, there are rare architectural qualities updated with modern technology and amenities throughout, which includes interiors decorated by world-renowned designer John Stefanidis. The residence boasts seven bedrooms, seven full- and two-half bathrooms, garden and morning rooms, a ballroom with fireplace, a banquet-sized dining room, a wine cellar with tasting bar, a billiards room and a library. Outdoors, there are two gated entrances, vast lawns, parterre gardens, a croquet lawn, vineyards and terraces, a pool, a spa, a gated tennis court and garage space for nine cars.
"Following our recent sale of 'Heartridge,' a 10,000-square-foot estate located in Hidden Valley, which went under contract last month prior to auction, and our past sale of a luxury Ritz-Carlton residence in San Francisco, we're excited to return to California in the heart of the Silicon Valley," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "This property has it all – extensive grounds, immaculate landscaping, historic attributes with modern amenities and offers the ultimate in privacy. This is a tremendous opportunity to purchase a gorgeous California mansion at your own bid price."
Home to many CEOs, celebrities and founders of Silicon Valley's many high-tech companies, Woodside is considered to be among the wealthiest communities in the United States, with many of the most successful technology companies headquartered in the area, including Apple, Google, Hewlett Packard and Facebook. Woodside is only 30 minutes from San Francisco and about 1.5 hours away from Napa Valley and Pebble Beach.
The auction of Le Soleil will be conducted on June 14th. Brokers are fully protected. See Auction Terms and Conditions for full details. The property will be available for preview by appointment. For more information, call 800-211-1785 or visit www.LeSoleilAuction.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.
SOURCE Concierge Auctions