OAHU, Hawaii, April 3, 2013 /PRNewswire/ -- The auction of Paumalu Ranch overlooking Hawaii's world-famous Sunset Beach and the entire "7-Mile Miracle" is now an even greater opportunity, Concierge Auctions has announced. Nine acres have been added to the ocean bluff parcel, increasing its size to 54 acres. Coupled with the adjacent 56-acre mountain parcel, the entire 110 acres will now sell without reserve to the highest bidders on April 30th in cooperation with Neal Norman, R(B) and Julia Napua Fetzer, R(A) of Hawaii Life Real Estate Brokers.
"Previously offered with 101 acres, Paumalu Ranch was already the largest singular land parcel for sale on Oahu's North Shore. Now that the seller has increased the acreage to 110 by adding 9 acres to the oceanfront parcel, the excitement continues to build," stated Mike Russo, Chief Operating Officer for Concierge Auctions. "Buyers can either purchase the two parcels separately or together, which renders a versatile opportunity for many different uses."
Paumalu Ranch, located at 58-378 Kamehameha Highway in Haleiwa Town, the largest commercial center on the North Shore, boasts some of the most spectacular scenery in the world. Encompassing over a mile in length and totaling over 101 acres, Paumalu ranges in altitude from 400 feet above sea level to up to 600 feet. The property offers some of the best and most exclusive panoramic views of Oahu's North Shore, Mt Ka'ala and Kaena Point. The crashing waves below make the area one of the best surfing spots on the planet. Located minutes from the beach, Paumalu Ranch enables a rare equestrian lifestyle, ideal for riding trails; hunting pheasant and wild boar; dirt biking; farming and ranching. Two ranch residences are allowed, with barns and accessory buildings permitted for each parcel. The property also offers security, open space, the ability to land a helicopter, water, electric, phone lines and privacy found in very few places in Hawaii. Paumalu Ranch not only provides an excellent vantage point to view surfing, but also humpback whales, along with a host of other amenities, while just three miles from the Turtle Bay Resort, with championship golf and world-class dining, shopping and spa facilities.
The auction of both Paumalu Ranch parcels will be held live, without reserve on April 30th. Registered bidders can participate in person or by phone. A 2.5% commission is offered to the buyers' representing brokers. See Auction Terms and Conditions for full details. For more information visit PaumaluAuction.com, call 888.256.2806 or join the discussion at #PaumaluAuction.About Concierge Auctions : Concierge Auctions is the preeminent luxury real estate auction firm serving high-end sellers nationwide through an accelerated marketing process that obtains fair market value for high-end properties in a 60-day timeframe. The company has executed auctions from New York to Hawaii and hosts a database that includes more than 100,000 luxury real estate buyers and agents from all 50 states and 38 countries and territories. The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury real estate sales over the past 10 years. For more information, call 888-966-4759 or visit ConciergeAuctions.com.