Concierge Auctions Attracts High-Profile Bidders to Complete Sale of Five Luxury Properties in Kona, Hawaii on January 18
KONA, Hawaii, Jan. 21 /PRNewswire/ — Concierge Auctions (www.conciergeauctions.com), the leading luxury real estate auction company, today announced the sale of Cher’s home in the exclusive Hualalai Resort in Hawaii to a buyer from Arizona for $8.72 million. The January 18 auction included the successful sale of five properties in Kona, Hawaii, for a total of more than $19.4 million.
In addition to Cher’s home, a property at 72-3209 Ka Nehe Place in the Kuki’o Golf and Beach Club and Residences selling absolute was purchased by a buyer from Beverly Hills for $4.95 million. A second home selling absolute in Kuki’o, at 72-3205 Punaloa Place, was purchased for $3.85 million. Collectively, the prices achieved for the homes in Kuki’o were $10 per square foot higher than the average price per square foot for other homes sold in the Maniniowali section of Kuki’o over the past six months. Additionally, two home sites in Kuki’o sold for $990,000 and $962,000, respectively.
Turn back time in Cher’s Italian Renaissance-style Malibu estate. Set on 1.72 acres on a bluff overlooking the Pacific Ocean, this three-story, 14,000-square-foot villa has six bedrooms, seven bathrooms, a theater, a gym, and multiple verandas. There is also a suspended tennis court (with parking garage below) with stunning views of the Malibu bay, an infinity pool, and a guest house.