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After a live auction, the luxurious, five-acre estate in Malibu went under contract to the highest bidder. Still time to become involved in Santa Monica auction on February 21st.

SANTA MONICA and MALIBU, Calif., Jan. 31, 2014 /PRNewswire/ -- New York City-based Concierge Auctions is pleased to announce the pending sale of 21900 Briarbluff in Malibu — a magnificent five-acre estate and architectural masterpiece offering stunning ocean and mountain views. Following a competitive auction with seven bidders, the property went under contract in cooperation with Judy Feder of Hilton & Hyland. Derinda Moses of Prudential Malibu Realty represents the buyer.

(Photo - http://photos.prnewswire.com/prnh/20140131/NY57180 )

"I have had an extraordinary experience working with Concierge Auctions," stated Feder. "Their marketing and advertising is stunning, and they delivered the same quality of service throughout the launch period that was presented at our initial meeting. The entire staff is professional and works at a very high level, with very calm and polite attitudes."

Concierge Auctions' global marketing campaign generated over 23,250 website visits from all US states (led by California, Texas, New York and Florida) and 102 international countries (led by Canada, the UK, Australia and Germany). Seven bidders participated in the sale.

Designed by the iconic 1970s architects Buff, Smith & Hensman, the four-bedroom, six-bathroom estate has undergone a meticulous and extensive renovation by David Montalba Architects, Santa Monica. The restoration and additions defined the terraced site with wood-clad walls that situate the house as a series of outdoor rooms with an indigenous landscape. Features include a blend of unique stone and Brazilian walnut floor, floor-to-ceiling windows to capture the canyon and ocean views, built-in walnut millwork, a stone-clad interior water feature and a custom aquarium room divider.

"We are thrilled with this successful auction in Malibu. The impeccable design and sought-after location, coupled with the transparency of our auction format, attracted attention from buyers around the world," stated Laura Brady, Managing Director at Concierge Auctions. "We are now excited to remove the reserve from The Oasis, conveying that the seller is fully committed to allowing the bidders to identify the price. Anyone who missed out in Malibu should learn more about the chance to own this impressive estate in the heart of Santa Monica."

Originally offered for $18.75 million, The Oasis will sell without reserve to the highest bidder on February 21st in cooperation with Marcie Hartley and Gary Gold of Hilton & Hyland. The estate includes two complimenting houses harmoniously framing a central pool, spa and courtyard. Designed by renowned, Malibu-based architect Christopher R. Sorensen, The Oasis was recently completed and offers an ideal location — only a five-minute walk to the beach and close proximity to Beverly Hills. The property has a total of 12,500+/-square feet, 8 bedrooms, 13 bathrooms, three steam rooms, a 950-bottle wine cellar, a five-car garage and floor-to-ceiling glass walls that provide garden views from almost every part of the compound. A 2.5% commission is offered to the buyer's representing broker. For more information visit AuctionSantaMonica.com or call 877.705.9361.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-net-worth sellers nationwide through an accelerated marketing process that obtains fair market value for unique, high-end properties in a 60-day timeframe. The company has executed auctions in 25 U.S. states from New York to Hawaii, typically valued between $2.5 million and $20 million, and hosts a database that includes more than 100,000 luxury real estate buyers and agents from all U.S. states and 109 countries and territories. The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury properties over the past 10 years. The firm has sold over $500 million in properties since its founding in 2008. For more information, call 888.966.4759.

These properties are listed for sale by Hilton & Hyland Real Estate Inc - 250 North Canon Drive, Beverly Hills, CA 90210 (310.278.3311) by Marcie Hartley (Lic #01358268), Gary Gold (Lic #01160681), and Judy Feder (Lic #Lic #01250325). Auctioneer Frank Trunzo (CA Bond #511522). Concierge Auctions, LLC is the provider of auction marketing services and is a licensed California auction firm (CA Bond #511475) - 777 S Flagler Drive, West Palm Beach, FL 33401 (888) 966-4759. The services referred to herein are not available to residents of any state where prohibited by applicable state law. Concierge Auctions LLC, its agents and affiliates, broker partners, Auctioneer, and the Sellers do not warrant or guaranty the accuracy or completeness of any information and shall have no liability for errors or omissions or inaccuracies under any circumstances in this or any other property listings or advertising, promotional or publicity statements and materials. This is not meant as a solicitation for listings. Brokers are fully protected and encouraged to participate. See Auction Terms and Conditions for more details.

SOURCE Concierge Auctions

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