Modern estate in Arizona’s desert setting to be sold at February 7 ‘absolute’ auction
— Visitors to Scottsdale this winter will have a new reason to stay in the city after enjoying the numerous car evens such as the Barrett-Jackson classic car show being held throughout January as well as the PGA Golf Tour’s Phoenix Open which takes place in the first week of February. Grand Estates Auction Co., the world’s leading luxury real estate auction firm, is offering a rare and impressive piece of Arizona real estate at auction on Tuesday, February 7, 2012. An opportunity not to be missed, the auction will be “absolute,” where the lack of a minimum bid or reserve assures a prompt sale that benefits both buyer and seller.
A masterpiece of design and architecture, Grand Estate’s newest property has never before been offered for sale. Built at a cost exceeding $12 million, the estate home marries environmentally-friendly natural materials such as exotic Hawaiian Koa wood and clean lines to embrace a modern lifestyle at its finest. Located in the cooler high desert area of exclusive North Scottsdale, close to world-class golf courses, upscale shopping and gourmet dining, the sprawling contemporary estate boasts 16 acres of land, gated and walled for ultimate privacy, as well as 8 bedrooms, 9 full baths, 3 half baths, two gourmet kitchens, five fireplaces including an outdoor pit, and garage space for 8 cars.
Built for the best outdoor entertainment, this extravagant estate also features an expansive outdoor grilling patio with bar as well as a resort-style infinity-edge swimming pool that includes a grotto/cave, water features, slide and a 10-person Spa. Adventure-seekers and sports enthusiasts will enjoy the property’s more unique features such as the 300’ zip line, a grassy playground and spacious 4,700 square-foot indoor gymnasium. A one-of-a-kind custom built riding train designed after the Santa Fe railway adds to the charm of this home while an observatory with a retractable roof and dual telescopes provide access to gorgeous sunset views and stargazing at night.
The February 7 auction begins at 2:00 p.m.
Prospective bidders may tour the property starting at 11:00 a.m. on Friday, February 3 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, see www.GrandEstatesAuction.com
About Grand Estates
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 $10 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 family-owned and operated company has offices in Atlanta, Charlotte, Dallas, La Jolla, Calif., Naples, Fla., and Vail, Colo.
View a slideshow of the property.
For more information, visit www.grandestatesauction.com or join us at www.facebook.com/grandestatesauction.