43 Rue Mediterra Drive, a 9,328-square-foot waterfront estate on Lake Las Vegas, created a bidding war among 8 buyers and successfully sold at auction last November through Concierge Auctions in cooperation with Kristen Routh-Silberman of Synergy Sotheby's International Realty and Scott Tampkin of Compass. Previously offered for $5.45M, the transaction represents the highest sale price in the Lake Las Vegas area since 2016.
43 Rue Mediterra Drive had been on and off the market for nine years before selling at auction. In just five weeks, the global exposure generated by Concierge Auctions resulted in over 1,191 inquiries, 105 open house tours, and 32 qualified showings.
43 Rue Mediterra Drive was one of eight properties sold as part of the firm's live auction sales this month in Hong Kong. Fifty bidders from around the world participated in the auctions, shattering estimates, generating more than $34 million in sold properties, and breaking three records for highest prices. This is the firm's seventh sale to date designed to target high-net-worth Chinese real estate buyers, with exposure via Concierge Auctions' proven global platform—plus additional international outreach.
As part of Concierge Auctions' Key for Key® giving program in partnership with Giveback Homes, the closing will result in a new home built for a family in need.
Concierge Auctions offers a commission to the buyers' representing real estate agents. See Auction Terms and Conditions for full details. For more information, visit ConciergeAuctions.com or call +1.212.202.2940.