SOURCE: Albert Burney Auction Company

Albert Burney Auction Company

September 09, 2009 11:01 ET

Auction Set for Remaining Sites in Exclusive Santa Lucia Preserve Subdivision

CARMEL, CA--(Marketwire - September 9, 2009) - With 94 percent of the homesites in the exclusive Santa Lucia Preserve sold, the developers have decided to sell seven sites in an auction on Saturday, Oct. 3, with Albert Burney Auction Company managing the sale.

"After almost 20 years creating and marketing the Preserve, we have a real community of owners and members with about 100 homes finished or under construction. The clubs are now 100 percent owned by the members, and we only have a few remaining home sites, so it's time to sell these last sites," said Al Sneeden, of the Preserve Land Company.

The Santa Lucia Preserve has more than $200 million worth of finished amenities and infrastructure. The Preserve Ranch Club and Golf Club are both equity owned by the members. The project has earned national acclaim and has been recognized by Travel & Leisure Golf, Robb Report, Golf Week, Links Magazine, Golf Digest, and Golf Digest Index as one of the top communities in the country.

Preserve homesites range in size from three acres to more than 80 acres and range in price from $900,000 to more than $3 million. The seven auction properties will sell with reserves ranging from $430,000 to $970,000, according to Warren Ward, president of Albert Burney Auction.

"Santa Lucia Preserve has set a new standard for luxury developments, with only 300 homes set among 20,000 acres -- 18,000 of which are permanently protected by a conservation easement," said Ward. "This property has it all, including a Tom Fazio signature golf course, 1920s Hacienda, equestrian center, sports center, lakes, pools and 100 miles of trails," he said.

The sale will be held at 4 p.m. the Preserve Hacienda.

Individuals interested in additional information about the auction may contact Albert Burney at 800-434-1654.

Albert Burney Auction Company, headquartered in Gadsden, Ala., is a leading auctioneer of luxury home sites, homes, land and other high-end property throughout the United States.

Contact Information

  • For more information:
    Carl Carter
    205 823-3273