Kennedy Wilson Auction Group, a division of the national real estate services and investment firm Kennedy Wilson, conducted an auction of 14 luxury residences located in lovely Escondido, a thriving urban environment, just 30 miles northeast of San Diego. The elegant 1 and 2-story, four and five-bedroom residences ranging from 2,900 to 4,049 square feet feature formal entry foyers, spacious family and living and dining rooms. Published reserves for these 14 properties ranged from $385,000 to $550,000 for houses that were previously priced from $825,000 to 1,199,000.

Potential bidders took advantage of this great luxury estate homes buying opportunity, which was held at the Marriott Del Mar Hotel in San Diego. Over 100 bidders attended the sale.

We are known for our published reserve auctions,” says Rhett Winchell, President of Kennedy Wilson Auction Group. “It creates a lot of interest because buyers know that the homes will sell at or above the reserve prices. Everyone is focused on these properties because everyone wants a deal. The seller was very pleased with the auction results, selling his entire inventory in one day. The rapid sale of the homes is a clear indication of the great demand for quality housing options in San Diego area, and also of the interest auctions are continuing to generate in today’s market,” continued Winchell.

Auction info www.kennedywilson.com

Kimball International, Inc. has announced that it has completed the sale of all of the Company’s undeveloped land holdings and timberlands, a total of 27,196 acres located in Indiana and Kentucky. The auction sales totaled $50.605 million.

The Company confirmed that it reached an agreement to sell the nearly 12,000 acres in Union and Crittenden counties in western Kentucky, known as the “Sturgis” property for $24.583 million, after previously rejecting a high bid of $23.9 million submitted Saturday, November 8 during the live auction.

The November 8 auction, was the third and final event in a widely publicized three-day auction of Kimball timberland.

Kimball had retained Woltz & Schrader Auctions to conduct the land sale. A series of three auctions were held November 6, 7 and 8. Small bidders dominated the first day’s auction held in French Lick, Indiana, resulting in the sale of 9,426 acres of southern Indiana land to 72 different buyers for a total sale of $15.780 million. The second day’s auction, held in Brandenburg, Kentucky, again saw wins by individuals and smaller buyers with 15 buyers purchasing 5,994 acres for a total of $10.243 million.

More info www.kimball.com

505 acres of land in St. Lucie County, including one plot of approximately 77.78 acres, will be offered at a Walters-Schrader auction on Friday, Nov. 21.

Most of the land is located along S.R. 70 and S.R. 68. Other properties being sold include:
– Four “ranchette” tracts of approximately 9.37 acres each along Brocksmith Road.
– A fenced pasture of approximately 160 acres fronting on Sneed Road, with two six-inch Artesian wells and micro-jet irrigation piping.
– A fenced pasture of approximately 39.31 acres with a six-inch Artesian well and 1,331 feet of frontage along Kelly Road.
– A fenced pasture of approximately 39.26 acres with approximately 1,330 feet of frontage on Kelly Road.
– A fenced pasture of approximately 81.5 acres with 1,298 feet of frontage along Okeechobee Road.
– A fenced pasture of approximately 70 acres with frontage on Godwin Road and Canal #44.

For more information about the properties phone 800.451.2709 or visit www.schraderauction.com.

Inland Real Estate Auctions, Inc. has announced the auction of a model home located on the Ravine in East Highland Park, Ill. originally priced at nearly $4 million. The auction of the six-bedroom home, which will be sold subject to a minimum bid of $2.45 million, is part of the bank-ordered sale of a portfolio of foreclosed residential properties.

The multi-million dollar home will be auctioned Dec. 9. Other residential properties in the portfolio will be sold Dec. 10 and include a 2,600-square-foot, eighth-floor penthouse condominium in Lincolnwood, Ill. with panoramic views of downtown Chicago, originally priced at $429,900 and sold subject to a minimum bid of $235,000. A newly-built three-bedroom single-family home in west suburban Plano, originally priced at $193,000, will be sold with a minimum bid of $125,000.

Open houses for the properties will take place in November. Interested bidders can contact Inland Real Estate Auctions at (630) 990-5353 to obtain the open house schedule and the bidder’s information package along with the terms of sale.

Auction info www.inlandgroup.com/ireac/

Day 1 of the three-day auction of 27,212 acres of timberland being sold by Kimball International. In an eight-hour bidding marathon at the French Lick Resort Casino, the 9,422 acres of land went to 72 different buyers, according to Woltz & Schrader Auctions, which handled the sale.

The three-day auction was scheduled to continue Friday in Brandenburg, Ky., with the sale of 6,031 acres. It will conclude Saturday in Sturgis, Ky., with the sale of 11,759 acres, including the famous “Game Trails” hunting property that has been featured on numerous outdoor programs. The land selling on Friday and Saturday includes numerous small tracts.

Auction info www.schraderauction.com.

JJManning Auctioneers is offering an historic colonial tavern built in 1690 by Benjamin Kimball; know as “Kimball Tavern.” It’s located in a prime Merrimack Valley location in the Bradford Common Historic District at the corner of the old Boston Post Road (now S. Main St.).

The tavern is 30 mi. north of Boston with easy access to I-495, I-95 & I-93. This landmark property served as a haven for weary travelers and a community gathering place for over 200 years. The institution which became Bradford College was founded here in 1803. This historic tavern, also used as a home, antique shop & function hall, stands ready to serve future generations. This property will be sold to the highest bidder, regardless of price. Please visit www.JJManning.com for more information.

ABSOLUTE AUCTION: Thursday, November 20, 2008 at 1pm.
Bid Live On-site or Online
Preview: Friday, November 14, 2008 (11am-1pm)

A historic French Quarter Estate will sell at real estate auction on Thursday, November 13th at 2 p.m. J.P. King Auction Company.

“This is a rare opportunity to purchase a home in the historic French Quarter and a piece of New Orleans history,” said Craig King, president & CEO of J.P. King Auction Company. “In addition to its wonderful amenities, this French Quarter Estate is only a short stroll from Jackson Square.”

The home was originally built in 1817, a two-story French Quarter estate full of history and richness. In the mid-1900’s, it served as a Gallery Circle Theatre and since has been renovated with modern and luxurious amenities. The focal point of the 3 + suites, 4.5 bathroom estate is centered on the spectacular private courtyard with pool that is perfect for entertaining guests or escaping the energy of the city for quiet relaxation. The courtyard’s garden area contains a sprinkler system and automatic fertilizer.

The estate boasts hand painted murals throughout, two kitchens, beautiful copper ceilings, cypress flooring, exposed brick, granite countertops, spiral staircase, theatre room, antique bar area and a unique and open layout. The French Quarter Mansion has impeccable architecture throughout the property, preserving the traditional appearance and the nostalgic feel that the area is known for. The estate offers complete privacy from the street with a two-car garage and private parking in the courtyard.

Individuals interested in more information about the upcoming sale may contact J.P. King at 800-558-5464 or visit the company’s web site at www.jpking.com