Concierge Auctions to Offer Luxury Bank-Owned Residence in Kona, Hawaii

. July 31, 2010 . 0 Comments

A live, on-site auction of a new exquisite island residence perfectly situated on more than 1.6 acres in Kuki’o – home to the exclusive Kuki’o Golf and Beach Club – at 72-3203 Punaloa Place will take place September 3, Concierge Auctions has announced. The bank-owned property has never been offered for sale, and there is no minimum bid required to participate. The sale is being conducted in cooperation with Kuki’o Properties.

“Concierge Auctions has proven itself as the leading auction provider in Hawaii, having sold more than $37 million in luxury Hawaiian properties in the last nine months. Not only does our track record include more than $10 million in Kuki’o properties, but we also sold Cher’s $8.7 million home in the neighboring Hualalai Resort and multiple properties on Kauai, among others,” stated George Graham, CEO of Concierge Auctions. “Our ability to efficiently find the market value of luxury homes is the key to our platform. Luxury buyers and sellers nationwide are realizing that the Concierge Auctions process is the future of luxury real estate sales.”

72-3203 Punaloa Place is a 5,795-square-foot residence designed to facilitate outdoor living and a relaxed, informal style the Hawaiian Islands are known for. Selling fully-furnished, the four-bedroom home offers mesmerizing views of the Pacific Ocean, and each of the bedroom suites has a private bath complete with an outdoor shower garden enclosed by lava rock walls. The kitchen features a wraparound bi-level island designed to create a “gathering place.” The master suite contains sliding patio doors leading to a lanai with ocean views, his and her closets, and a spacious bathroom with dual sinks, glass enclosed shower and a limestone-lined soaking tub.

Exterior details include split pitch roofs covered in cedar shingles that generously provide covered outdoor lanais. The midnight blue vanishing edge pool and spa is surrounded with brushed limestone coping, accented with glass mosaic waterline tile. Coconut trees frame the inlaid limestone deck, and a 200 square foot “Pai Pai” – a thatched bamboo trellis – offers filtered shade. An outdoor stainless barbeque grill rounds out the outdoor space as an ideal spot for outdoor entertaining.

“Presenting a new and fully-furnished residence that has never been offered for sale, this auction is a tremendous opportunity for anyone searching for a premier Island lifestyle,” stated Broker Carrie Nicholson of Kuki’o Properties. “Kuki’o is an exclusive community in one of the most sought after destinations in the world, thanks to its unsurpassed private, luxurious amenities and lifestyle. Following our successful partnership in selling four Kuki’o properties with Concierge Auctions in January, we are excited to again work with their team and to find the ideal owner for this residence.”

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 year-round and embraced by the balmy, sweet-scented Pacific Ocean trade winds, Kona is famous for sportfishing, snorkeling, gorgeous sunsets and its unrivaled Kona coffee.

The auction of will be held on Friday, September 3 at 11 a.m. HDT. No minimum bid is required to participate. See Auction Terms and Conditions for full details. Attendance will be limited to registered bidders and their representatives. A buyer’s broker commission of 3% is offered on the high bid. The property is available daily for preview between 1 and 4 p.m., and by appointment. For more information visit www.KukioLuxuryAuction.com or call 877-217-2001.

Category: Property

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