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News
Sun Valley Luxury Boutique Inn Sold at Auction
July 26, 2011
The sale took place in cooperation with listing agent Pam Colesworthy of Sun Valley Sotheby's International Realty. The buyer is from Seattle, Washington and is represented by Janine Bear, also of Sun Valley Sotheby's International Realty.
"The amount of interest we generated through the Concierge Auctions platform was phenomenal. The property was originally listed with another brokerage firm for two years before I took on the listing and the sellers decided to auction," Colesworthy stated. "The process turned the tables around, put the sellers in control, and generated inquiries from all over the nation and a number of international countries. The Concierge Auctions team was highly professional, and I look forward to working with them again."
The extensive global marketing campaign for the auction of Knob Hill produced 180 prospects and 50 showings, and resulted in 6 bidders from Texas, California, Washington, Idaho and Utah. More than 2,500 visitors viewed the auction website from all US states and 32 international countries.
Named for its location next to Ketchum's landmark Knob Hill, Knob Hill Inn is situated on 1.4 manicured acres reflecting European charm in America's first destination ski resort. Offering vistas of Bald Mountain, the majestic Sawtooths and the Boulder Mountain ranges, this prestigious boutique hotel includes 26 guest suites, a two-bedroom manager's apartment, five employee housing suites and a host of luxury amenities including 10 fireplaces, a fitness room, wine bar, indoor/outdoor swimming pool, a lounge/reception area and two restaurants.
"This auction presented an amazing opportunity to own a true alpine lifestyle property in one of the most sought-after mountain resort destinations in the country," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "Pairing our process with the expertise of Pam Colesworthy of Sun Valley Sotheby's International Realty resulted in overwhelming interest and in the end, a successful sale. Today is a great example of how the Concierge process is a powerful enhancement to traditional brokerage methods, whether for luxury homes or one-of-a-kind commercial properties."
Concierge Auctions is currently accepting applications from luxury sellers nationwide with premier, storied properties. The company's innovative auction platform offers a 60-day disposition solution from engagement to closing. For more information about Concierge Auctions and its services please call 888-966-4759 or visit www.ConciergeAuctions.com.
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