Concierge Auctions is pleased to announce that 7111 Sheaff Lane, known as Arbor Hill and surrounded by nature preserves, parks, and championship golf courses just outside of Philadelphia, is pending sale following an active auction with 10 registered bidders, in cooperation with listing agents Wendie Steffens of Kurfiss Sotheby's International Realty and Janet Rubino of Long & Foster.
Previously offered for $12 million, the property sold No Reserve October 23rd via our digital marketplace, ConciergeAuctions.com. Having processed over $100 billion in bids, the online platform allows buyers to bid remotely, from wherever they may be in the world.
After over 2.5 years on the traditional market, the global exposure generated by Concierge Auctions in the 5 weeks prior to the auction resulted in over 34,000+ website/page views, 1,078 prospects, and 16 showings by interested buyers.
Mature trees and rolling hills surround the striking stone facade of Arbor Hill. Conceived by renowned international architect Rafael Viñoly, this contemporary masterpiece features bright, skylight-lit corridors and panels of enormous glass that look out onto both the stone courtyard and verdant lawns.
“Concierge Auctions did exactly what they do best: exposed this property with incredible reach through their robust marketing strategies, on-site sales outreach, and extensive database of ultra-high-net-worth buyers,” said listing agent Janet Rubino. “Together, our combined efforts resulted in a strong field of bidders, and ultimately, a highly-successful auction for my client.”
As part of our Key for Key® giving program in partnership with Giveback Homes, the closing of Arbor Hill will result in a new home built for a family in need.
We offer a commission to the buyers' representing real estate agent. See Auction Terms and Conditions for full details.