April 29, 2011
Charlotte, NC (RPRN) 04/29/11 — Grand Estates Auction Co. offers spectacular Maui ocean view estate to be sold at a June 3 ‘absolute’ auction
—Grand Estates Auction Co., the leading luxury real estate auction firm, is offering a newly constructed five-bedroom and five-baths Mediterranean style home perched on 6.6± acres atop of Honolua Ridge, in the revered Kapalua Resort on the scenic west coast of Maui, Hawaii. The auction on Friday, June 3, will be “absolute,” where the lack of a minimum bid or reserve assures a prompt sale that benefits both buyer and seller.
“The sellers have chosen to auction their magnificent custom home as the time has come for them to move onto other opportunities. That is why they are utilizing the “absolute” method to sell this magnificent Kapalua Maui estate. Our client knows an absolute auction will bring the market forward and create a sale for them on a specific date at fair market value,” said Laurie Lowson R(B), of Lowson & Associates. “Prospective buyers will have a once in a lifetime opportunity to pay their own price for this amazing home.”
Set amongst rolling hills in the prestigious gated community of Plantation Estates, this spacious one-level home was custom built in 2008 utilizing the finest materials and finishes to create the ultimate tropical escape. In addition to beautiful rockscapes, stucco walls and extensive landscaping, the property’s exterior features include a Romanesque style swimming pool and Spa offering breathtaking views of the Pacific Ocean and nearby Molokai & Lanai Islands. The view of the tropical oasis embedding the pool can also be enjoyed every morning from bed in the spectacular master suite, which also features a sitting room with gas fireplace and a walk-in closet that is a fashionista’s dream. All five bedrooms feature 10’ ceilings with crown molding and LCD Flat panel TV’s, and two of the rooms have patio access.Exquisite design details including Travertine
Other interior features including a whole home audio system, sound-proof media room and gourmet kitchen with top-of-the-line appliances provide added convenience and entertainment value. With 4,600± sq. feet of living space, this estate allows you to experience a casual but elegant lifestyle amidst world-class golf, pristine beaches, surfing, dining, shopping and endless options for adventure or relaxation.
Grand Estates auctions are the culmination of an intense 90-day period of aggressively marketing the property to a highly targeted group of qualified bidders. “We are highly selective in the properties we choose to represent,” commented Scott Kirk, executive vice president of Grand Estates. “We serve our clients one auction at a time, creating an exclusive, unique experience similar to auctioning fine art.”
“We are thrilled to be working with Grand Estates Auction Company because of their long established successful track record of representing only the finest properties from around the country,” stated Lowson.
The June 3rd auction begins at 11:00 a.m. Prospective bidders may tour the property starting at 11:00 a.m. on Saturday, May 28, and continuing until auction day. Grand Estates auctions are open only to registered bidders, who are required to submit a $100,000 refundable cashier’s or certified check prior to the auction. Prospective bidders and sellers should contact Grand Estates Auction Co. at 800 552-8120 or 704 529-0026 for bid registration requirements and to inquire about the showing schedule before the auction.
For more information, visit www.grandestatesauction.com and join us
Grand Estates Auction Company is the leader in the niche market of auctioning luxury real estate, specializing in properties valued at $2 million and above throughout North America, the Caribbean, and select international destinations. Based in Charlotte, N.C., the company was established in 1999 and was the first of its kind. Recent auctions include the record-breaking sales of an $11 million dollar home in Bay Harbor, Mich., and of a lakefront grand chateau in Grosse Point Shores, Mich., for the highest price in Wayne County in 13 years. For more information and auction details visit
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