ONE-OF-A-KIND, 140-ACRE SAN FRANCISCO BAY AREA ESTATE TO AUCTION TO THE HIGHEST BIDDER
King Mountain Estate, Kentfield, California
140ac Ridgetop Package, 12 miles from the Golden Gate Bridge
No other property in the Bay Area can compare
Create the legacy connection of your wildest dreams
360-degree panoramic views of San Francisco, Marin County, the bay and bridges, and the mountain. Tamalpais
Incredible property not to sell a reserve in April via concierge auctions in partnership with renowned agent Steven Mavromihalis of Compass Real Estate.
Fully vested and entitled, the new owners will be in the fast lane to create the lifestyle of their dreams. King Mountain is the Bay Area’s last / best unicorn trophy item. “
– Steven Mavromihalis, Listing Agent
NEW YORK, NEW YORK, UNITED STATES, March 31, 2021 /EINPresswire.com/ – Known as “the last unicorn” of San Francisco Bay, King Mountain Estate is the only one of its kind in California’s luxury real estate market in the region – will be sold to the highest bidder on April 27th. The package is simply unparalleled and competes with any trending real estate property in the world. Hundreds of feet above the bay on a prominent promontory west of the mountain. Tamalpais, King Mountain Estate offers its next owner an opportunity to develop a legacy beyond compare. Future owners receive incomparable privacy and an unrestricted view in all directions, embedded in tens of thousands of hectares of public open space. This secluded location also provides a connection north of the city of San Francisco. The property was well known and once owned by Herb Boyer, co-founder of Genentech and “father” of the biotech industry.
Bidding for this unique opportunity will be online April 22-27 through Concierge Auctions’ global digital marketplace, ConciergeAuctions.com, which allows buyers to bid remotely from anywhere in the world. The property, which is held by Compass Real Estate in partnership with renowned realtor Steven Mavromihalis and is currently listed for $ 25 million, will be sold to No Reserve to the highest bidder.
“King Mountain is the crown jewel of the Bay Area Estate. No other property combines the privacy, views, and verdant nature of King Mountain – amid thousands of acres of public space, abundant water supply and the ability to live entirely off the grid. Just minutes away from shopping, cafes and restaurants and only 12 miles north of the Golden Gate Bridge, “explained Mavromihalis.” This auction gives an exceptionally creative entrepreneur the opportunity to develop one of the most extraordinary legacy connections in the world and entitle new owners to become be in a fast lane to create the lifestyle of your dreams. King Mountain is the Bay Area’s final / best unicorn trophy item. And as such, it’s truly a once in a lifetime event – lifetime opportunity. “
The 140-acre property features redwood groves, madrone forests, bays and oaks, as well as a variety of native flora and fauna, and adjoining access to hundreds of kilometers of hiking trails through tens of thousands of acres of Marin County’s famous public open spaces. The 32-acre building shell extends over the ridge line and offers a 360-degree panoramic view of the city of San Francisco, the bay and bridges, the East Bay, South Marin, Mount Tamalpais and the surrounding nature. With vested development plans, there is the possibility of establishing a legacy connection that is unparalleled in the Bay Area.
Additional features include an entrance gate; Electricity, water, gas, internet and telephone connections at the base of the property; a fully fenced interior land area that includes all building envelopes and two exit fire routes; Access to over 80,000 acres of public open space with a winding walking path around the base of the property; five on-site water wells, one of which was designed for construction; a vested claim that includes large areas for landscaping and support structures for outdoor areas that go beyond improving living conditions, as well as a large pond, access roads, vineyards, water tunnels, belvedere structure, horse hurdles, paths and plantings; and short periods of construction activation by the Marin County Community Development Agency and Marin County Building Permit Agency.
“Mavromihalis and our team considered several options to best bring this unprecedented opportunity to the right buyer,” said the spokesman for the trust. “We hired Concierge Auctions because of their nontraditional approach and their ability to grab the attention of luxury property buyers of the highest quality. In one of the world’s most affluent regions, this sublime ridgetop package rises above all other luxury properties. I am confident that the combined global reach of Concierge Auctions and Compass Real Estate will identify a person as unique as this property – someone who not only understands its value but also has the vision and passion to have a remarkable future here to accomplish. “
The property is just minutes from San Francisco and even closer to the quaint towns of Kentfield and Larkspur. However, it is surrounded by thousands of undeveloped public open spaces. King Mountain Estate offers an irreplaceable combination of metropolitan luxury and culture, small town community life and convenience, and an off-grid return to nature. In addition to having a prestigious public school system, residents of King Mountain Estate are close to some of the best private schools in California.
“While there are many incredible residential areas in the Bay Area, there is only one King Mountain Estate,” said Chad Roffers, chairman of Concierge Auctions. Above $ 25 million alone, the pool of buyers is particularly limited. Our platform is an additional tool for sellers, buyers and agents who deliver results within 60 days. A more traditional route often takes years for this caliber property in the market with global resources, we are able to identify the right buyer for such a property who can then pursue an opportunity that may never come back. “
The King Mountain Estate is available for qualified private personal tours and virtual demonstrations by appointment.
As part of Concierge Auctions’ Key for Key® donation program in partnership with Giveback Homes, the deal will result in a new home funded for a family in need.
Concierge Auctions offers a commission to real estate agents representing buyers. You can find detailed information in the auction terms and conditions. For more information, including property details, tours, due diligence documents, and more, visit ConciergeAuctions.com or call +184.108.40.20640.
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About Steven Mavromihalis
With more than 35 years of brokerage experience, Steven is consistently rated as one of the best luxury agents in the country. He and his team have discreetly represented world-renowned entrepreneurs, public and private sector executives, financiers, international investors, entertainers and athletes in buying and selling some of California’s most iconic real estate. Always delivering unparalleled value and service to every customer.
Steven is a graduate and committed supporter of the University of California at Berkeley and Stanford University, where he holds a total of four undergraduate and graduate degrees.
Although Steven is blessed in many ways, he finds his greatest inspiration and joy in humble service to his family and community.
Via concierge auctions
Concierge Auctions is the world’s largest auction house for luxury real estate with state-of-the-art digital marketing, real estate preview and bidding platforms. The company brings together sellers of unique real estate with the world’s wealthiest real estate connoisseurs. Sellers gain unmatched reach, speed, and security. Buyers get incredible offers. Agents earn their commission within 30 days. Since its inception in 2008, Concierge Auctions has generated billions of dollars in sales, broken four world records for the most expensive homes ever at auction, and expanded operations in 44 states / territories and 31 countries. The company owns the most comprehensive and intelligent database of high net worth real estate buyers and sellers in the industry and has made more than 300 apartments available to date as part of its Key For Key® donation program in partnership with Giveback Homes ™. This guarantees that for every property, which the company sells, a new home for a needy family is financed. More information is available at ConciergeAuctions.com.
Compass is a leading national real estate technology company, providing tools and services to help real estate agents grow their business and better serve their clients. As one of the largest groups of small business owners in the country, real estate agents use the end-to-end Compass platform to improve their productivity and manage their business more effectively. Compass currently serves over 15,000 real estate agents in over 100 U.S. cities responsible for over $ 91 billion in real estate transactions in 2019. For more information on how Compass powers one of the largest groups of business owners in the country, visit www .Compass.com.
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King Mountain Estate | San Francisco Bay Area, California
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March 31, 2021, 3:39 PM GMT
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