Concierge Auctions is pleased to announce that bidding is closed and a sale is pending for 75-5710 Mamalahoa Highway, a Hawaiian paradise perched on the western slopes of Mount Hualalai on the Big Island. Designed by renowned architect Lucky Bennett, the elevated location provides sightlines and cross breezes of the incredible Kona coastline. The property was listed for sale by Carrie Nicholson, R(B) of Hawaii Life Real Estate Brokers. The buyer is represented by Luie Wong, R(S) of C.J. Kimberly Realtors.
When closed, the property will represent our 43rd successful sale in Hawaii.
"Having partnered with Concierge Auctions on both the buy and sell side for years, my expectations continue to be exceeded time and time again. Not only does their platform allow both of our companies to market to global buyers on a heightened level, it also provides a time-certain solution to sellers and their agents. My client and I are thrilled with the outcome from last week's auction, and I look forward to many more successes together for many more years to come," stated Nicholson.
Concierge Auctions' global marketing campaign generated over 28,536 website views and 7,261 property page views from 202 regions (led by Hawaii, California, Texas, Florida, and Washington) and 72 international countries (led by the U.S., Canada, United Kingdom, Germany, and France). A total of 1,244 prospects were identified, over 200 open house tours were conducted, and 9 bidders participated in the sale.
"With its location above the beach within the famous Kona coffee belt, our home in Hawaii was truly one-of-a-kind. While this made our property incredibly unique, it also made the right buyer harder to find. After having been on and off the market for over two years, the auction process gave us control as sellers. We were impressed with the global exposure and interest generated in just a few short weeks—and, in the end, securing a contract that was above our previous list price. We look forward to moving to the next phase of our lives, and we're especially pleased knowing a new family will now enjoy the property as much as we did," stated the seller, Doug Troxel.
This stunning Big Island location affords sweeping coastal views. Close to Holualoa Art Town and Kailua-Kona, it is near fine dining, shopping, and pampering. For beachgoing, seaside picnics, and more snorkeling, Kahalu'u Beach Park's calm waters are less than 10 minutes from your front door, and Kealakekua Bay, one of the best snorkeling spots on the island, is a short 30-minute drive away.
"My family and I couldn't be happier with this purchase," stated the buyer, Kristy Yoo. "This was our first time participating in an auction, and we are pleased with our experience. The Concierge Auctions team was knowledgeable and helpful, and we liked being able to see all of the competing offers in real-time. We would definitely recommend this process to other buyers and are excited to start spending time in our new Hawaii home."
We have upcoming luxury property auctions scheduled in California, Florida, New York, Texas, Thailand, and many more worldwide are already planned for the spring and summer. If you or someone you know is interested in buying or selling a remarkable luxury property via our platform, call +1 212-202-2940.