Concierge Auctions to Sell Exclusive Kuki'o Residence

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(Kailua-Kona, Big Island, Hawaii) -- Following four other successful Kuki'o auctions in the past two years, Concierge Auctions will be back at the ultra-exclusive Kuki'o Golf and Beach Club May 24 to sell a 9,277-square-foot residence in cooperation with Kuki'o Properties.

Kuki'o, a private oceanfront club and residential community developed by Discovery Land Company, is adjacent to the highly acclaimed Four Seasons Hualalai Resort and features some of the most expensive real estate in Hawaii. Since its inception, Kukio attracted numerous well-known member residents such as computer mogul Michael Dell and former Yahoo CEO Carol Ann Bartz.

The upcoming sale of the 9,277-square-foot, furnished estate was originally listed for $9.75 million. 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," said Carrie Nicholson, Principal Broker at Kuki'o Properties. "Everywhere you turn, there is an effortless transition between the interior and exterior living spaces."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 said. "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 percent, as we have sold every property we've represented in the community," said 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."
 

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St. Andrews Country Club Undergoes $15 Million Improvements

(Boca Raton, FL) -- St. Andrews Country Club of Boca Raton, one of the top private golf and country club communities in the world, recently announced a $15 million club construction improvement plan.

The $15 million improvement plan will commence with the redesign of multiple areas including the clubhouse, two restaurants, main entry features and landscaping, and the recreation and aquatic center. The construction improvement plan is expected to take three phases of development with a target completion date of November 2014

St. Andrews features two 18-hole championship golf courses, including an Arnold Palmer Signature Design. The club also includes 15 clay tennis courts, including a European red clay court, a full service spa and fitness center and a 125,000 square foot clubhouse in the center of it all.

St. Andrews' three-year strategic improvement plan provides a roadmap for the club and facility upgrades, replacements or expansion that meets the needs of current and future members.

"The most important enhancements from the construction improvement plan are to the recreation and dining areas that will encourage and promote spaces for families of all ages to enjoy," added Craig D. Martin C.C.M., St. Andrews Country Club Chief Operating Officer and General Manager. "St. Andrews Country Club has been the leader in the Boca Raton market for setting the benchmark on standards of excellence. Our goal is to protect our members' real estate interests and investments while attracting new members who appreciate the highest quality of facilities and service."

Phase I of the construction improvement plan encompasses the clubhouse front entry landscaping and lighting, Olde Course bunkers, the men's card room and both men's and ladies' locker rooms and will start this summer. Phase II will begin in April 2013 and includes the recreation and aquatic center and extensive clubhouse enhancements and updates to the dining and lounge areas. Phase III will begin June 2014 with functional and practical improvements to Lakeside, a free-standing dining and entertainment facility.

"We are pleased that the members and board of governors are fully committed to the new strategic direction the club is taking over the next few years," said St. Andrews board president Michael Goldman. "The end result will be to attract younger members to the community and the club strategic improvement plan is a major step forward in accomplishing this goal. ...By taking advantage of today's low interest rates, St. Andrews Country Club members were able to finance the $15 million project with no increase in fees and no additional assessment. It is important that we continue to improve the club and facilities while being mindful of current economic conditions and the importance of not placing additional monetary burdens on the membership."

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