MARCH/APRIL 2024 | ISSUE 64
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FEATURE
MALIBU VALLEY ESTATES, CALABASAS, CALIFORNIA
Curating the very best-in-class, Concierge Auctions is pleased to present ‘Exceptional Global Properties’ as part of Sotheby’s ‘The Luxury Sales’ event this month, featuring a hand-picked selection of Sotheby’s International Realty offerings. Tailored to the increasing trend of cross-collecting, ‘The Luxury Sales’ juxtaposes modernity with tradition, showcasing the season’s best luxury items through a fresh lens and spans Hong Kong, London, Paris and New York. Included is the opportunity to bid on north of $60 million in marquee real estate, with online bidding set to open on 7 March and culminate live on 21 March at the Sotheby’s New York saleroom.
This month’s catalogue features a plethora of extradorinary North American properties. Explore 56 acres of beautiful mountainside land in the heart of Vail Valley in Casteel Creek, beginning with a scenic drive through the forest and over a dramatic million-dollar bridge; imagine you’re on Lake Como as you sip Negronis on your terrace as the setting sun paints the stone around you a soothing amber in an Old World Italian style villa on Lake Murray in South Carolina; discover nearby Malibu and its famous beaches from a gorgeous three-story home in Calabasas with clean modern lines and natural materials that highlight the natural surroundings; or indulge deep sea fishing adventures from the lush southern end of Tierra Verde Island, Florida, a serene island lifestyle in one of only nine estates.
Paddles Up,
Chad Roffers CEO
Krystal Aeby President
IN THIS ISSUE Editorial Upcoming
About Us 2024 Live Auction Calendar Key For Key® Giving Program Global Agent Leadership Luxury Homes Index Case Studies FAQs Malibu Valley Estates, Calabasas, California Edwards, Vail Valley, Colorado Anahola, Kauai, Hawaii Lake Murray, Chapin, South Carolina Malibu, California Tierra Verde, St. Pete Area, Florida Sian Ka’an, Tulum, Mexico 06 44 46 48 50 52 58 16 22 28 32 34 38 42
Auctions
SOLD FOR $3.136M IN MALLORCA, SPAIN
06 | ABOUT US
THE WORLD LEADER
The Art of Luxury Real Estate Auctions®
OUR PLATFORM IS ENHANCED WITH DEEP AUCTION EXPERTISE AND HERITAGE, INNOVATION, AND ACCESS TO AN UNMATCHED NETWORK OF FINE ART AND LUXURY GOODS COLLECTORS.
Concierge Auctions is the world’s largest luxury real estate auction marketplace. Our company’s owners now include Sotheby’s - the world’s oldest and leading auction house established in 1744, and Anywhere Real Estate (NYSE: HOUS) - the world’s most extensive agent network.
We have been active in 40 countries and 46 U.S. states. Our body of work may be viewed at ConciergeAuctions.com.
ABOUT US | 07
BUYERS
We know every luxury home and select only the most realistic sellers. The result? Buyers have direct access to premium real estate in an open bidding platform that allows participation from anywhere in the world with complete convenience and full transparency.
SOLD FOR $5.488M IN PARK CITY, UTAH
08 | ABOUT US
ABOUT US | 09
FOR $10.36M IN EAST BAY
CALIFORNIA 10 | ABOUT US
SOLD
AREA,
AGENTS
We are an additional agent tool for high-end listings. We have never auctioned a property without a listing agent. Born out of the luxury real estate industry, our approach combines the benefits of traditional brokerage with the added value of an auction.
ABOUT US | 11
SELLERS
Timing is everything.
WE UNDERSTAND THAT LUXURY PROPERTIES ARE DIFFICULT TO VALUE AND SELL AND THAT IT CAN TAKE TIME TO FIND THE RIGHT BUYER.
We are skilled at pairing sellers of the world’s finest properties with the world’s most capable buyers. We bring unmatched reach, speed, and certainty to what can otherwise take years.
Our process is 60 days, from consignment to closing.
TYPICALLY, OUR PLATFORM WILL GARNER 200–400 INQUIRIES, 25–50 SHOWINGS, AND 3–7 BIDDERS VIA A FOUR-PRONGED APPROACH:
1) Package your property for market.
2) Expose your property globally to auction insiders via our proprietary database of 850,000± contacts who will hear about the opportunity first.
3) Engage the local market.
4) Facilitate a fast and easy closing that is as-is, where-is, and contingency-free.
12 | ABOUT US
SOLD FOR $4.633M IN MCCLEAN, VIRGINIA ABOUT US | 13
PRICING
We do not charge seller fees. The buyer pays a 6–12% premium. Listing and buyer agent commissions are protected.
14 | ABOUT US
SOLD FOR $8.95M IN KALAMALKA
CANADA ABOUT US | 15
LAKE,
Malibu Valley Estates, Calabasas, California
Auction | 7–21 March
26773 Mulholland Highway
Listed for $9.499M
Starting Bids Expected Between $3M–$5M
This beautiful three-story home in Malibu Valley Estates features clean modern lines and natural materials that highlight the serene surroundings. The main level welcomes you with high ceilings, abundant windows, an open floor plan, and a gourmet chef’s kitchen with top-of-the-line appliances. The top floor has a cozy primary suite with a fireplace and a private balcony.
Step out into the lovely backyard, which features a covered patio, an outdoor kitchen and bar, and a beautiful infinity pool.
16 | UPCOMING PROPERTIES
Listed by Sotheby’s International Realty - Beverly Hills Brokerage, Broker, DRE# 00899496, Neyshia Go, DRE#01933923 BEDS
F BATHS
H BATHS
01
UPCOMING PROPERTIES | 17
ACRES
06 06
8,305±
ACRES 2.01±
Edwards, Vail Valley, Colorado
Auction | 7–21 March
2400 & 1683 Casteel Creek Road
Listed for $45M
Starting Bids Expected Between $15M-$25M
This stunning Colorado property is located in the heart of Vail Valley in Casteel Creek, a 450± acre community adjacent to 2,000,000± acres of National Forest Service. Casteel Creek is a gorgeous and unique mountain experience. The main house includes spacious and cozy living areas, a custom saloon bar, and a 200-foot steel cantilevered viewing bridge. A shared ownership in the Coyote Lodge, a 27,000-square-foot exclusive entertainment venue with a guest suite and endless amenities, is also part of the property.
22 | UPCOMING PROPERTIES
UPCOMING PROPERTIES | 23
Listed by
LIV Sotheby’s International Realty, Broker, #EC.040014390, Barbara Gardner, #FA.100035003 & Malia Cox Nobrega, #EA.040038043 BEDS
BATHS
SQ FEET
14
ACRES
19
40,348±
56±
Anahola, Kauai, Hawaii
Auction | 7–21 March
This exquisite home, designed in the classical Mediterranean style, offers stunning views of the ocean that are truly captivating. Situated on a bluff on the northeast shore of Kaua’i, this tropical estate is aptly named Villa Nō Ka ’Oi, which means “the best” in the Hawaiian language. The property is fully gated and private so you can relax in your peaceful paradise.
5330 Kalalea View Drive #7D
Listed for $6,988,888
Starting Bids Expected Between $2.5M–$3.5M
28 | UPCOMING PROPERTIES
Listed by
UPCOMING PROPERTIES | 29
Oceanfront Sotheby’s International Realty, Broker, #RB-13924, Mark Goodman, #RS-74555 BEDS
05 05
SQ FEET 4,156±
F BATHS
H BATHS 01
ACRES 4.63±
Lake Murray, Chapin, South Carolina
Auction | 7–21 March
Old world Italian-style villa situated on the most desirable lot at Lake Murray. Boasting 280-degree panoramic views from a rare, private peninsula, this 5,000-plus square foot sanctuary offers lake vistas from every room in the house. Listen to the crashing waves at sunset as you dine al fresco on one of the multiple walk-out terraces.
1153 Indian Summer Point
Listed for $2.5M
Starting Bids Expected Between $500K–$1M
32 | UPCOMING PROPERTIES
Listed by
Atlanta Fine Homes Sotheby’s International Realty, Broker, #18623, Wilmot Irvin, #49602 BEDS
BATHS
SQ FEET
UPCOMING PROPERTIES | 33
ACRES
03 03 5,000± 0.34±
Malibu, California
Auction | 28 March–11 April
31959 Pacific Coast Highway
Listed for $13.5M
Starting Bids Expected Between $2M-$4M
This once-in-a-lifetime opportunity provides one of the largest and most unique freehold land holdings on Pacific Coast Highway. For the first time, three separate parcels are being offered collectively for development. Soaring high above the Encinal Bluffs and Broad Beach, this incredible blank canvas is one of the last premier bluff top properties with 130± unobstructed ocean view acres high above the celebrity estates fringing the coast below.
34 | UPCOMING PROPERTIES
Listed by Coldwell Banker Real Estate, Broker, #00616212
ACRES 130 UPCOMING PROPERTIES | 35
Bill Moss DRE #00860010 & Daniel Moss DRE #01929872
Tierra Verde, St. Pete Area, Florida
Auction | 13–26 March
This stately gated property sits on over an acre, surrounded by mature oak trees and palms. Living in one of only nine estates on Tierra Verde Island, your oasis in Green Land Preserve will feel like a natural escape. Enjoy three stories of open-plan living and entertaining in this island gem.
2007 Bayview Drive
Listed for $3.6M
Starting Bids Expected Between $1M–$2.5M
38 | UPCOMING PROPERTIES
Listed by Smith & Associates Real Estate, Broker, #CQ81896
BEDS F BATHS H BATHS
FEET ACRES 04 03 01 6,404± 1.14± UPCOMING PROPERTIES | 39
Liz Heinkel, #SL3290557
SQ
Auction | 28 March–11 April
Sian Ka’an - Casa Godi offers a bird’s-eye view of the protected ecosystem of the Sian Ka’an Biosphere Reserve that offers lush palms, a clear-blue ocean, and an equally blue sky.
Appreciate stunning 360 degree sunrise, sunset, ocean, and lagoon views from your rooftop outlook, or lounge by the swimming pool, making this property truly unique.
Listed for $3M
Sian Ka’an, Tulum, Mexico
Casa Godi
42 | UPCOMING PROPERTIES
Listed by
Mexico Real Estate Solutions
BEDS F BATHS H BATHS SQ METERS HECTARES 05 04 01 300 0.809 UPCOMING PROPERTIES | 43
Mike Burgoyne
SELL AT A LIVE AUCTION
Reach International Buyers Alongside the Finest Luxury Properties
Curating the very best in class, Concierge Auctions is pleased to present our 2024 sale series of auctions—showcasing some of the finest real estate offerings in the world with bidding closing live and online.
Properties will receive exposure via our proven platform and global database of 850,000 high-net-worth clientele, via direct access to buyers in key feeder markets and the world’s fastest-growing luxury cities.
+1 212.203.2408
NOW
ACCEPTING CONSIGNMENTS
44 | 2024 LIVE AUCTION CALENDAR
MAY — LONDON*
‘The Luxury Sales’ at Sotheby’s
• Consignment Deadline: 5 Apr
• Live Auction: 23 May
• Online Auctions: 24–31 May
JULY — NEW YORK
Summer Showcase
• Consignment Deadline: 30 May
• Live Auction: 18 Jul
• Online Auctions: 22–31 Jul
SEPTEMBER — HONG KONG*
‘The Luxury Sales’ at Sotheby’s
• Consignment Deadline: 7 Aug
• Live Auction: 25 Sept
* Sotheby’s International Realty Listings
OCTOBER — DUBAI
Fall Showcase
• Consignment Deadline: 29 Aug
• Live Auction: 17 Oct
• Online Auctions: 21–30 Oct
DECEMBER — NEW YORK*
‘The Luxury Sales’ at Sotheby’s
• Consignment Deadline: 22 Oct
• Live Auction: 17 Dec
SOLD FOR $1.32M IN
DIKASTIKA, GREECE
2024 LIVE AUCTION CALENDAR | 45
KEY FOR KEY®
We believe every business has a responsibility to make a positive impact on the world.
We believe in the empowerment and financial stability that comes with homeownership and its impact for generations. In partnership with Giveback Homes™, our Key For Key® giving program guarantees for every home we sell, we fund homes to be built for families in need.
Each donation is made on behalf of our sellers, buyers, and agents, and we invite clients to join us by donating alongside their corresponding sale, or at ConciergeKeyforKey.com.
46 | KEY FOR KEY® GIVING PROGRAM
+
FOUNDED IN 2017
+
HUNDREDS OF HOMES FUNDED KEY FOR KEY® GIVING PROGRAM | 47
+ EL SALVADOR & NICARAGUA
GLOBAL LEADERSHIP
Our Agent Advisory Board
THE AGENTS SELECTED FOR OUR ADVISORY BOARD ALL HAVE EXTENSIVE FAMILIARITY WITH THE HIGH-END AUCTION PROCESS.
With a proven track record of success with Concierge Auctions, this group of esteemed top agents and brokers, who have billions of dollars in combined luxury sales and a client network from across the globe, represent a think tank on the state of luxury real estate sales and marketing.
SOLD FOR $3.6M IN BUCKHEAD, ATLANTA,
GEORGIA
JOHN MCMONIGLE
THE MCMONIGLE TEAM
Newport Beach, CA
KRISTEN ROUTH SILBERMAN
DOUGLAS ELLIMAN
REAL ESTATE
Las Vegas, NV +
FRANK AAZAMI
RUSS LYON SOTHEBY’S INTERNATIONAL REALTY Phoenix, AZ
PAUL BENSON ENGEL & VOLKERS
Park City, UT
JOHN-MARK MITCHELL
MITCHELL FORBES
GLOBAL PROPERTIES Winston-Salem, NC
MATT BEALL
HAWAII LIFE
REAL ESTATE BROKERS
Princeville, HI
SETH O’BYRNE COMPASS
San Diego, CA
KYLE CREWS
ALLIE BETH ALLMAN & ASSOCIATES Dallas, TX
+
+
+
+
+
+
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GLOBAL AGENT LEADERSHIP | 49
HOW LONG DOES IT TAKE FOR A LUXURY PROPERTY TO SELL?
Luxury Homes Index
EIGHTH EDITION
The eighth edition of the Concierge Auctions Luxury Homes Index analyzes
the highest listed property sales in the United States to determine the impact that the number of days a high-end property is on the market has on its final sale price.
PRE-RELEASE: SIGN UP TO RECEIVE A COMPLETE COPY.
SOLD FOR $10.696M IN TEXAS GULF COAST, TEXAS
50 | LUXURY HOMES INDEX
LUXURY HOMES INDEX | 51
CASE STUDIES
Bel
Air, California Sold for $48.048M
PROSPECTS SHOWINGS BIDDERS 654 87 06 52 | CASE STUDIES
Listed by Aaron Kirman, Compass Real Estate & Mauricio Umansky, The Agency,
Los Cabos, Mexico
Sold, Listed for $2.52M
PROSPECTS SHOWINGS BIDDERS 341 43 05 CASE STUDIES | 53
Listed by TTristen Cutler of Destination, Cabo Cribs – Plaza Cascada, Carr
Sold, Listed for $9.52M
Listed by Bonnie Bloom
Kokoon Real Estate Limited
Long Bay Beach, Anguilla PROSPECTS SHOWINGS 283 18
54 | CASE STUDIES BIDDERS 11
Miami, Florida PROSPECTS SHOWINGS BIDDERS 793 26 03 Sold for $20.524M Listed by Jeffrey M Miller PA ONE Sotheby’s International Realty CASE STUDIES | 55
Barton Creek, Austin, Texas PROSPECTS SHOWINGS BIDDERS 302 47 06
for $6.16M
by Julie Mack
Sold
Listed
Sotheby’s International Realty 56 | CASE STUDIES
Kuper
Naperville, Near Chicago, Illinois PROSPECTS SHOWINGS BIDDERS 119 14 03 Sold for $8.07M Listed by Katie Minott & Kim Marino At World Properties CASE STUDIES | 57
FREQUENTLY ASKED QUESTIONS
Sellers
HOW DOES THE AUCTION PROCESS WORK?
In conjunction with your agent, we showcase your property to targeted members of our global database of more than 850,000 individuals, including our Private Client Group of high-net-worth buyers, agents, and industry experts. The process typically results in 200–400 prospects, 25+ showings, and 3–7 qualified buyers competing for your property. Before the auction opens, you can decide whether to move forward after reviewing the field of bidders and their starting bids.
AREN’T AUCTIONS ONLY FOR DISTRESSED PROPERTIES?
No. Our typical seller is well capitalized, and choose auction to control the timing of their sale.
WHAT AUCTION FORMATS DO YOU USE?
We use two auction formats:
1) No Reserve: There is no minimum bid to purchase.
2) Reserve: Will sell at or above a pre-determined price threshold.
I AM READY TO AUCTION MY PROPERTY. NOW WHAT?
We are focused on luxury properties. Call us, or have your agent call us, to discuss yours.
WHAT DOES IT COST? HOW DO YOU GET PAID?
We do not charge any fees to sellers. Our fee comes from a premium paid by the buyer. Sellers pay agent commissions as outlined in their listing agreement.
SOLD FOR $3.35M IN LAKE LAS VEGAS, NEVADA
58 | FREQUENTLY ASKED QUESTIONS
Buyers Agents
WILL I BE ABLE TO SEE AND INSPECT THE PROPERTY?
Properties are available throughout the exposure period for potential bidders to preview and conduct inspections. Diligence is encouraged as all sales are “as-is,” without contingencies.
Terms and Conditions of Sale, Purchase Contract, and property documents are available on each property’s page on ConciergeAuctions.com.
WHERE DOES THE AUCTION TAKE PLACE?
Bidders can participate in our auctions from anywhere in the world. The auctions are conducted on our digital bidding marketplace, ConciergeAuctions.com. Bidders may also place bids over the phone with a dedicated bidder’s assistant.
I AM READY TO REGISTER TO BID. NOW WHAT?
You may register to bid on our website, or call us for personal service. We have a three-step registration process:
1) Complete the Terms and Conditions of Sale. 2) Wire your Bidder Deposit, typically $100,000, which is credited towards your purchase if you are the winning bidder or is returned if you are not. 3) Provide a letter of reference from your bank or your financial institution.
WHAT HAPPENS TO THE LISTING AGREEMENT IF MY CLIENT CHOOSES TO AUCTION?
Your listing agreement remains intact.
CAN I SPEAK WITH OTHER AGENTS WHO HAVE PARTICIPATED IN YOUR AUCTIONS?
Certainly. Visit ConciergeAuctions.com to see a list of agents with whom we have worked.
HOW CAN AGENTS EARN MONEY WITH CONCIERGE AUCTIONS?
There are five ways: Represent a seller, represent a winning bidder, refer a new listing agent, and receive seller or buyer referrals from Concierge Auctions. For more information visit ConciergeAuctionsReferral.com.
CAN I REPRESENT A BIDDER FOR AN AUCTION IN A LOCATION IN WHICH I AM NOT LICENSED?
Yes. If your bidder wins the auction, your broker will be paid the co-brokerage commission as a referral fee.
FREQUENTLY ASKED QUESTIONS | 59
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Concierge Auctions, LLC, (“Concierge Auctions”) is an auctioneer. Concierge Auctions’ principal address is 228 Park Avenue South, Suite 70835, New York, NY 10003, and its phone number is (212) 202-2940. If required, Concierge Auctions (or its representative) is registered, licensed and/or bonded in the U.S. state where the property to be auctioned is located. Our registration, licenses and bond information for California, Colorado, Hawaii, South Carolina, Florida and Mexico is: Concierge Auctions, LLC, Bond #66346347; Frank Trunzo, Auctioneer, Bond #E252623. Concierge International Real Estate, Inc. (a subsidiary of Concierge Auctions, LLC), Broker, License #02137467, 315 Montgomery St 10th Floor San Francisco, CA 94104, Telephone: (212) 202-2940. Barbara J Young, Broker, License #00689235; Concierge Auctions, LLC, Brokerage, Real Estate Brokerage License #EC.100032451, 900 East Union Avenue, Suite 1100, Denver, Colorado 80237, Telephone: (212) 202-2940, Tony Young, Broker, License #ER.100094056; Concierge International Real Estate, Inc. (a subsidiary of Concierge Auctions, LLC), Broker, Real Estate Brokerage License #RB-23427, 500 Ala Moana Blvd. Suite 7-400 (Suite 464) Honolulu, HI 96813, Telephone: (212) 202-2940. Tony R Young, Broker, License #RB-23428; Concierge Auctions, LLC, Auction Firm License #AF.4023. Frank Trunzo, Auctioneer, License #4303; Auction Firm License #AB2760; Frank Trunzo, Auctioneer, License #AU2328. Concierge Auctions LLC, Broker, License #CQ1032600, 8270 Woodland Center Blvd. Tampa, FL 33614, Telephone: (212) 202-2940. Barbara J Young, Broker, License #BK3544686; Concierge International Real Estate, Inc. (a subsidiary of Concierge Auctions, LLC), Broker, License #9012742, 650 Madison Avenue 2nd Floor New York, NY 10022, Telephone: (212) 202-2940. Tony R Young, Broker, License #794000. These properties are listed for sale by Sotheby’s International Realty, Broker, License DRE#00899496, 9665 Wilshire Blvd Suite 400, Beverly Hills, CA 90212, (310) 7247000, Neyshia Go, License DRE#01933923, (“Listing Agent”); Liv Sotheby’s International Realty, Broker, License #EC.040014390, 8000 E Belleview Avenue #200, Greenwood Village, CO, 80111, 303.893.3200, Barbara Gardner, License #FA.100035003, (“Listing Agent”) & Malia Nobrega, License #EA.040038043, (“Listing Agent”); Oceanfront Sotheby’s International Realty, Broker, Licensee #RB-13924, 5-4280 Kuhio Hwy, G-104, P.O. Box 223700, Princeville, Hawaii 96722 United States; 808.826.7211, Mark Goodman, License #RS-74555, (“Listing Agent”); Joan Herlong & Associates Sotheby’s International Realty, Broker, License #18623, 1 McDaniel Greene, Greenville, South Carolina 29601, (864) 382-3800, Wilmot Irvin, License #49602 (“Listing Agent”); Coldwell Banker Real Estate, Broker, License #00616212, 300 Commerce STE 250, Irvine, CA, 92602, (800) 500-4053, William Moss, License DRE #00860010, (“Listing Agent”) and Daniel Moss, License DRE #01929872, (“Listing Agent”); Smith and Associates Real Estate, Broker, License #CQ81896, 1100 4th Street North, St. Petersburg, Florida 33701, (954) 504-1053, Elizabeth (Liz) Heinkel, License #SL3290557, (“Listing Agent”); Mexico Real Estate Solutions, Broker, Carr. Tulum-Playa del Carmen, Plan 3, MZ 29, LT 11, Local 1 Puerto Aventuras, 77733, 984688-8856, Mike Burgoynr, (“Listing Agent”). ©2024 Concierge Auctions, LLC. All Rights Reserved. Sotheby’s® and Sotheby’s International Realty® are registered trademarks and used with permission. Each Sotheby’s International Realty office is independently owned and operated, except those operated by Sotheby’s International Realty, Inc. All offerings are subject to errors, omissions, changes including price or withdrawal without notice. Equal Housing Opportunity. Real estate agents affiliated with a Sotheby’s International Realty brokerage are independent contractor sales associates and are not employees of Sotheby’s, Sotheby’s International Realty nor Concierge Auctions, LLC. Certain services are provided by third parties. Auction services are being provided by Concierge Auctions, LLC. Terms and conditions apply. Execution of program agreements required. Results not guaranteed.
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DARE TO DREAM COLLECTION | 31 MAY–1 JUNE 2024
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