SOURCE: J. P. King Auction Company

J. P. King Auction Company

October 16, 2014 20:12 ET

J.P. King Auction Company Announces Iconic Property, Tice Ranch, Auctions for $3.108 Million

TWISP, WA--(Marketwired - October 16, 2014) - This afternoon, J.P. King Auction Company auctioned the handsome corporate retreat Tice Ranch, located just outside Okanogan National Forest in Washington for $3.108 million.

A half dozen prospective buyers registered and eagerly bid on Tice Ranch for more than a half hour. The proud new owners of Tice Ranch are the newly local-to-Twisp family Robert Howson, Jr. and his wife Laura Howson.

The Howson's recently moved to Twisp from Park City, Utah, with the idea of moving back to Park City and spending summers in Twisp. "When we saw this property was going to auction we decided to look into it and ended up buying it! As a tribute to the Tice family, we will continue to keep the Tice Ranch name with Diane Tice's blessing," said Robert C. Howson, Jr.

"Our successful marketing campaign attracted inquiries from New York to Arizona, Washington to Texas, to include a bidder phoning in from southern California. This is an iconic property. It was a successful auction with a good field of bidders and active bidding," said Craig King, President and CEO, J.P. King Auction Company.

"I'd never been to a property auction before. I feel wonderful and glad for the future. I appreciate the good job that J.P. King Auction Company has done," said Diane Tice, seller of Tice Ranch.

The ranch includes the main lodge and, adjacent by a walkway, a log house. Both auctioned fully furnished. In addition, the property includes two guest homes, a caretaker's residence, stable, barns and outbuildings.

J.P. King Auction Company, in cooperation with Realogics-Sotheby's International Realty, conducted the auction. "Tice Ranch over the past 30 years has been the quintessential Trophy Ranch of the Northwest with guests from all over the world visiting the property. It also held many large outdoor concerts with crowds of 5,000 to 9,000 attendees back in the 1980's and 1990's. I was proud to work on this listing over the past year and expose the property to International Markets via Sotheby's International. This was my first experience working in conjunction with J.P. King Auction Company who were true professionals throughout the entire auction process. Their 99 years of experience will do that!" said Brad Vancour, Managing Broker, Realogics Sotheby's International.

J.P. King Auction Company specializes in premier, luxury properties including high-end homes, estates and ranches. Founded in 1915, J.P. King Auction Company is the oldest real estate auction company in the United States and is a nationwide marketing company on the leading edge of the auction industry having developed many of the methods and techniques that are now commonplace within the industry. Today, J.P. King Auction Company maintains its position as the industry leader by combining its unparalleled experience with a high level of integrity and professionalism. www.jpking.com

Image Available: http://www.marketwire.com/library/MwGo/2014/10/16/11G024045/Images/PHOTO_-MARKETWIRED-417186250700.JPG

Contact Information