Extraordinary Bay Harbor, MI Estate Sold at Auction for $11 Million : RushPRNews - Newswire & Global Press Release Distribution

 
Bookmark and Share

Extraordinary Bay Harbor, MI Estate Sold at Auction for $11 Million

June 26, 2014

Extraordinary Bay Harbor, MI Estate Sold at Auction for $11 Million

CHARLOTTE, NC (RPRN) 06/26/14 —  “The Waterfront Jewel of Bay Harbor” is sold following successful June 24th auction

 – Grand Estates Auction Company proudly announced the decisive results of another successful luxury home auction this week.  The company’s latest winner was the sale of a stunning waterfront mansion in the upscale resort community of Bay Harbor, home to the blue/emerald waters of Lake Michigan and the exclusive Bay Harbor Yacht Club.  Once listed for $13.9 million, the property was sold for the highest price ever in Bay Harbor, Michigan this week for $11 million (80% of last list price) following a live competition among twelve properly registered bidders.

The seller stated: “After being listed unsuccessfully for over 18 months with the most prestigious real estate agency in town, we decided there had to be a better way. Doing our own research and  interviewing several auction companies, including one associated with  Sotheby’s, we decided to hire Grand Estates because of their long track record of success and, more importantly, everything they told us was verifiable. Now that the auction is over we’re thrilled we chose Grand Estates and would highly recommend them to anyone trying to sell their luxury real estate.”

The broker of record, Rik Lobenherz of Berkshire Hathaway, stated “Grand Estates produced a great result for the seller and, when partnered with the right real estate firm, truly delivered. Like us they work very hard to deliver the best result for their sellers and look forward to partnering with them again.”

 Grand Estate’s intense six-week global marketing campaign generated over twenty three thousand (23,000) visits to the Bay Harbor auction detail website in the thirty days prior to auction.  There were one hundred thirty seven (137) inquiries from across the US and other countries, fifty-two (52) in-person previews/tours of the property, and twelve (12) qualified registered bidders on site or bidding via phone on auction day.

  Located on prestigious Peninsula Drive and meticulously finished with details reminiscent of a fine Swiss watch, this Architectural Digest-worthy waterfront home exemplifies luxury and timeless design.  The master suite, overlooking Lake Michigan, includes an adjacent sitting room, two fireplaces,

Extraordinary Bay Harbor, MI Estate Sold at Auction for $11 Million
deluxe master bath with marble-tiled steam shower, exquisite dressing room with marble countertops and a private gym overlooking the harbor. The junior master suite is equally impressive. The gentlemen’s lounge, with mahogany wood paneling and glass wall overlooks a showroom garage, complete with a car turn-table, any true automobile collector’s dream.          

Val Devine, CEO of Grand Estates, said “Nothing outshines this stunning waterfront home on Lake Michigan. Grand Estates is delighted we could market this dazzling property to the world and especially to our exclusive database of buyers.  The new owner won a showcase home with his high bid, in a fast and smooth transaction, and now he and his family are going to have an amazing summer relaxing around the infinity-edge pool overlooking Lake Michigan.  The seller is now free to move on to new ventures having gotten full market value of his investment."

Grand Estates has more upcoming luxury property auctions scheduled in Nashville, TN, Georgetown, SC, and Newtown, CT this summer. If you or someone you know is interested in buying or selling a remarkable luxury property through Grand Estates, call 800-552-8120. 

    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.  For more information and auction details visit www.GrandEstatesAuction.com.

                                                                                     ###

Extraordinary Bay Harbor, MI Estate Sold at Auction for $11 Million

Media Contact Name: Andy Sumlin
Media E-mail:
Media Phone: (704) 529-0026
Media Web Address: www.GrandEstatesAuction.com
About the author:

Grand Estates Auction Company is the first of its kind to exclusively market and auction one-of-a-kind, luxury residential real estate typically priced between $1.5 million and $20 million – in North American and Caribbean resort areas. Our mission is to provide our clients with a swift, strategic, marketing process that will achieve top dollar value for their properties with no contingencies, and to execute an aggressive, global marketing campaign to engage qualified local, national, and international buyers of luxury real estate. Established in 1999,the company has representatives in Naples Florida, Vail Colorado, Aspen, Atlanta and maintains its corporate headquarters in Charlotte NC. For more information, visit www.grandestatesauction.com .

For more information, visit www.grandestatesauction.com or join us on Facebook at https://www.facebook.com/GrandEstates

Click here to see all news from this author/company

Filed Under: BANKING AND FINANCIAL NEWS, BREAKING NEWS, PRESS RELEASE

RUSH PR NEWS newswire and press release services at rushprnews.com / Anne Howard annehowardpublicist.com

Content- Legal Responsibility - All material is copyrighted - You may repost but you MUST link back to the original post on your page and acknowledge Rush PR News as the news source. Rush PR News is not legally and/or morally responsible for content of press releases, opinions expressed or fact-checking.

Rush PR News cannot be held legally responsible for material published and distributed through its newswire service or published in its press-room and therefore cannot be sued for published material. Third-party must be contacted directly to dispute content.

Rush PR News is not the contact for material published.

RSSFeed PRESS & SOCIAL MEDIA RELEASES

UK’s first night job site launches

London, UK 10/24/14 · Night jobs search service launched in the United...

Bloody Good Tv Runs $10,000 Horror Movie Watching Contest On PublicVine

Florence, Alabama 10/24/14 · This Halloween, consumers can register to win up...

Ultraseal International aiming for hat-trick

Coventry, West Midlands 10/23/14 · Ultraseal International, a global leader in finding solutions...

Newborn Foundation Co-Convenes Shanghai Symposium with Focus on Congenital Heart Disease in Newborns and Infants

Saint Paul, MN / Shanghai, China 10/20/14 · Expansion of Newborn Screening Program & Latest Data...

Ste. Anne's New Fitness Centre In An Idyllic Setting

GRAFTON, ONTARIO 10/17/14 · -Maison Sante is just one part of Ste. Anne's...

Newborn Foundation Honors Leaders in Newborn Health, Technology, Policy and Advocacy at 2014 Awards Gala

Minneapolis, MN 10/13/14 · – The Newborn Foundation, an international nonprofit leveraging...

Phaedra Beauty Cosmetics Re-Launches with New Packaging

Los Angeles, CA 10/13/14 · Hollywood celebrity make-up artist Phaedra L. Williams introduces...

Indie Film, The Ballad of Snake Oil Sam 2014 Global Film Festival Tour

Los Angeles, CA 10/13/14 · Indie Film, The Ballad of Snake Oil Sam...

Newborn Health & Technology Leader Dr. Terese Finitzo Receives ‘Eve Award’ for Innovation

MINNEAPOLIS, MN 10/10/14 · Newborn Foundation Awards Gala honors global leaders in...

Ste. Anne’s Spa: An Ideal Setting For Meeting And Team Building

Grafton, ON 10/08/14 · Ste. Anne’s Spa provides an ideal meeting environment,...

Renew Life Launches National TV Advertising Campaign with the help of Creative Bube Tube

Milton, ON 10/06/14 ·  - Renew Life proudly announces their latest marketing...

Black Travel Club Is Giving Away 1,000 Free Memberships – First come first served!

Atlanta, GA 10/01/14 · BlackTravelClub.com is inviting 1,000 people to join its...