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SYS-CON MEDIA Authors: Pat Romanski, Yeshim Deniz, Carmen Gonzalez, Liz McMillan, Roger Strukhoff

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Concierge Auctions Announces That Bidding Is Closed And A Sale Is Pending For The 5-Acre Di Luce Sull'acqua Estate In Orlando, Florida

The transaction will represent the second-highest recorded sale in Orlando in over a year.

ORLANDO, Fla., March 5, 2014 /PRNewswire/ -- Global real estate auction firm Concierge Auctions is pleased to announce the pending sale of Di Luce Sull'acqua, Italian for "The Light on the Water." The five-acre lakefront estate, designed by renowned architect Mark Nasrallah, went under contract last night following a live auction in cooperation with Julie Bettosini and Reeta Casey of Stockworth Realty Group, an exclusive affiliate of Christie's International Real Estate. Only one higher sale in the city of Orlando has been recorded in the MLS in over a year. The buyer is represented by Brandie Mathison-Klein of Keller Williams Classic III.

On March 4, 2014, global real estate auction firm Concierge Auctions sold this 5-acre lakefront estate in Orlando, Florida in cooperation with Julie Bettosini and Reeta Casey of Stockworth Realty Group, an exclusive affiliate of Christie's International Real Estate. More info: www.ConciergeAuctions.com

"I dealt remotely with the Concierge team throughout the auction period, as I don't live in the same state as this property. However, they kept me completely in the loop. From the initial launch call with the entire team involved, down to the printed mailings they delivered with progress updates, Concierge was thorough in everything they did," stated the seller, Fawzia Jaffee. "The night before the auction, I was informed about the registered bidders and was able to rest assured about where we were. Concierge Auctions made this a great experience for me as a seller."

Ideally situated on the famed Butler Chain of Lakes, the 22,867-square-foot estate boasts seven bedrooms, 14 bathrooms, and an impressive courtyard-style entrance flanked by four garages. Outdoors, the sprawling grounds with tropical trees and lush landscaping surround a lakefront tennis court and spectacular pool.

Concierge Auctions' global marketing campaign generated over 13,300 website visits from 48 US states (led by Florida, New York, California and New Jersey) and 100 international countries (led by Singapore, Canada, the UK and Australia), 124 open house visits and 61 property showings. Seven bidders were qualified to compete in the auction.

"Concierge explained the process clearly. They did exactly what they said they were going to do and secured a highly-qualified field of bidders who were prepared to compete," stated Casey. "Their on-site staff was in daily communication, and the whole team did a great job."

"It was a pleasure to work on our third assignment with Stockworth Realty Group. Our firms performed flawlessly together, from start to finish," stated Laura Brady, Managing Director of Concierge Auctions. "The asset was top-notch, and our clients were fully committed to the process. Ultimately, the goal was accomplished — We found the perfect new owner and delivered a strong, market-driven price that all parties are pleased with."

Concierge Auctions has upcoming luxury property auctions scheduled in Denver, CO, San Juan Capistrano, CA, Bozeman, MT, Ninole, HI, and Paradise Valley, AZ, and many more are already planned for the spring and summer. If you or someone you know is interested in buying or selling a remarkable property through Concierge Auctions, call 888.966.4759.

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.

Photo - http://photos.prnewswire.com/prnh/20140305/NY77620

SOURCE Concierge Auctions

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