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REAL ESTATE - COMPANY NEWS

Bidding Open For Without Reserve Auction Of Whistler, British Columbia Lakefront Residence

NYC-based Concierge Auctions has announced that the auction of a Whistler estate is now underway and bidding has begun to own the 5,570-square-foot stone chateau with 1,000 linear feet of Nita Lake frontage.

Tuesday, August 14, 2018

British Columbia Lakefront Residence

British Columbia Lakefront Residence

REAL ESTATE - COMPANY NEWS

Source : Concierge Auctions

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NYC-based Concierge Auctions has announced that the auction of a Whistler estate is now underway and bidding has begun to own the 5,570-square-foot stone chateau with 1,000 linear feet of Nita Lake frontage. Noting the current high bid of $9 million CAD, the property will sell to the highest bidder via the firm's online marketplace, allowing prospective buyers to participate from anywhere in the world. Bidding will close on August 23rd.

Previously listed for $25.9 million CAD, Chateau du Lac — located at 2016 Nita Lane — features a total of 10,000 square feet of indoor/outdoor living space and is being sold in cooperation with Maggi Thornhill *PREC of Thornhill Real Estate Group. Previews are being held daily from 1-4 p.m. PDT by appointment only.

"This is a unique opportunity to own a four-season estate situated on the tranquil, pristine shores of Nita Lake," stated Nick Leonard, Senior Vice President of Business Development at Concierge Auctions. "Perfect for entertaining family and friends, the price is currently set at $9 million CAD or higher, and registrations are still being accepted for those who want a chance to win this magnificent property."

A true generational buying opportunity, this five-bedroom estate features a French country gourmet chef's kitchen; a master retreat with access to a lakefront balcony; a two-story foyer and dining room; formal main floor study/library with fireplace; home theater; second floor sitting room with lakefront balcony; a self-contained, one-bedroom guest suite with fireplace, full-equipped kitchenette, stone floors, laundry room, and private entrance; a coach house above a two-car garage that consists of a studio with loft king bedroom, kitchenette, and living/dining room; an expansive cantilevered stone terrace that is elevated with views over the lake and equipped with a hot tub and barbecue grill; a second floor balcony; and two attached garages, the smaller of which is converted into a gym.

With easy lake access, the property offers an abundance of activities including paddle boarding, kayaking, fly fishing, swimming, river rafting, and ice skating/hockey when the lake is frozen over. Additionally, the estate is in close proximity to three signature golf courses — Arnold Palmer, Robert Trent Jones, and Jack Nicklaus — and is located in a top ski destination in North America, known for the Whistler and Blackcomb dual mountains and its 5,200-foot vertical ski drop.

Whistler, a world-class ski resort and booming international vacation destination, has seen many enhancements since hosting the 2010 Winter Olympics alongside Vancouver, with more expected from Vail's recent purchase of Whistler. Additionally, the absence of a foreign buyer's tax combined with the currency advantage for U.S. buyers make this is a once in a lifetime opportunity.

Concierge Auctions offers a commission to the buyers' representing real estate agents. See Auction Terms and Conditions for full details. For more information on the auction, or to register, please visit www.conciergeauctions.com or call (212) 202-2940.





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