SUN VALLEY, Idaho
Aug. 30, 2012
/PRNewswire/ -- NYC-based
continues to prove itself as the national leader in auctioning luxury properties with the announcement of today's sale of a secluded 16-acre estate known as "Top of the Mountain Hideaway" in
Sun Valley, Idaho
. Situated in the exclusive Lake Creek Meadows subdivision, the property offers a luxury residence, guest house and barn, completely enveloped by steep wooded hillsides, open pastures and rugged mountains. The live auction was conducted in cooperation with listing agents
Sun Valley Sotheby's International Realty
. The buyer is from out-of-state and is represented by
Sun Valley Real Estate
, an exclusive affiliate of
Christie's International Real Estate
In only 5 weeks the Concierge Auctions advertising and sales campaign generated 1200+ website visitors, 200+ inquiries, 112 showings and 7 bidders.
"The width and breadth of the Concierge promotional process was astounding and resulted in more showings in 5 weeks than the property had received in over 5 years on the market," stated Engelmann. "We not only had a tremendous out-of-market response, but perhaps more insightful, dozens of local property owners — those who actually understand value in the Valley — stepped forward with interest. The best properties in the area were developed early on, so many who have purchased new-construction homes recently never got a shot at very special parcels like this."
126 Lake Creek Meadows contains seven bedrooms, seven and one half bathrooms, three fireplaces and an expansive game room. There is a deck and three furnished patios, a five-car garage, horse facilities including a four-stall barn and stables, a swimming pool and a separate two-bedroom guest house. Fenced pastures on the lower elevations provide plenty of space for horses to graze and roam, while the surrounding public lands provide opportunity for hundreds of miles of riding.