SOURCE: J. P. King Auction Company
KETCHUM, ID--(Marketwire - Sep 25, 2012) - Two Sun Valley luxury properties will sell at auction on October 13, each providing unique experiences and accessibilities to an escape in the Sun Valley community. The first property, a contemporary, three-bedroom, 3.5-bathroom home on 80 acres is located south of Ketchum. The second property, a two-bedroom unit in the Leadville Terrace Condominium, sits conveniently in downtown Ketchum. Both properties will sell absolute with no minimum and no reserve at an auction event conducted by J. P. King Auction Company.
"We built the home about eight years ago, and it's our dream house," said Pauline Holland, who owns the home with her husband. "It's everything we always wanted -- environmentally friendly, with all the amenities we dreamed of. The condo was a perfect addition. When we would go to Ketchum to ski or for a charity event, we could just stay right there in town but maintain the privacy of our home a little further out."
The home is situated on 20 acres, and will be one offering, while three surrounding 20-acre parcels will each be offered separately. The Hollands, now in their 80s, moved to Sun Valley because it is, according to Ms. Holland, "the best place in the world to ski." They still ski whenever they can.
An auctioneer of antique furniture herself, Ms. Holland said, "Choosing an absolute auction was easy because I know the benefits of an absolute auction. I know people love to bid on items that don't have a reserve, so it only made sense to apply that to the sale of my home as well."
When the Hollands designed their home and built it in 2004, they included three bedrooms, 3.5 bathrooms, two office spaces, Wolf and Subzero appliances in the kitchen, a green house and a heated lap pool. Also attached to the home is a three-car garage, with room for a 50-foot RV, and a two-bedroom apartment above the garage. Situated at a 6,000-foot elevation, it has access to hiking and easy access to fishing in Silver Creek.
"We love what our house stands for, which is free and open clear skies, and Sun Valley is that because the sun always shines here," Ms. Holland said.
The Leadville Terrace Condominium is zoned for both commercial and residential uses and is on the ground floor of the eight-unit building. With high ceilings and exposed wood beams, it is a rustic contrast to the contemporary feel of the estate in Bellevue. The condo also includes access to a courtyard, exercise room and sauna, and is an easy walk to all the restaurants and activities of downtown Ketchum.
The properties will sell at two separate auctions, each on Saturday, October 13. The home will be sold at 11 a.m. at the property, which is located at 10 Noe Way in Bellevue. The Leadville Terrace Condominium will sell in the unit, located at 520 N. Leadville, Unit H, in downtown Ketchum, at 5:00 p.m.
Property tours will be available for both properties on September 27, 29 and 30 and again on October 4, 6, 7 and 12. To schedule a property preview or to receive additional information, individuals may contact J. P. King at 800.558.5464 or visit the company's website at www.jpking.com.
About J. P. King: J. P. King Auction Company specializes in high-value properties and portfolios such as luxury homes, developments, condominiums and land and ranches. The company has marketed properties in all 50 states and six countries with recent sales in Colorado, Wyoming, Georgia, Florida and Washington.
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