SCOTTSDALE, AZ. – Welcome to The Brownstones at Artesia, a master planned private community set jewel-like into 44 prime acres convenient to desirable Scottsdale and bustling Phoenix! A golden opportunity to live the sophisticated southwest lifestyle presents itself to registered bidders at Kennedy Wilson's February 8th Grand Opening auction, when 20 luxury brownstones at Artesia will cross the auction block. Successful bidders can realize unheard-of savings on full-featured luxury homes previously priced well beyond their means.
The auction features greatly discounted prices starting at $340,000 to $520,000 on luxury brownstone condominiums previously priced from $1,064,900 to $1,514,900. It's hard to believe million-dollar homes are being offered at such huge discounts – published reserve prices are over 50 percent off the previous list prices and the Minimum Opening Bids start even lower! It can truthfully be stated that luxury living in spectacular Scottsdale has NEVER been more affordable!
Beverly Hills-based real estate auctioneers Kennedy Wilson would like to stress the unprecedented transparency of the upcoming grand opening auction. "All Published Reserve and Minimum Opening Bid prices on these beautiful brownstones have been published beforehand in our full-color brochure and will be on display on auction day," states Rhett Winchell, President of Kennedy Wilson's Auction Group. "Our intent is to foster an atmosphere of openness that will appeal to first-time bidders, but will also give real estate auction veterans a real sense of comfort. Bidders will be aware from the get-go that there are no hidden reserves and no buyer's premiums to be paid upon winning their dream home at Artesia."
The seller, respected builder Starpointe Communities, has arranged with Countrywide Bank, FSB and Homeowner's Financial Group to offer successful auction bidders a range of excellent financing programs. Both lenders will have representatives at the Artesia Auction Information Office and on auction day to answer questions and assist bidders with qualification procedures.
The 20 "Brownstones at Artesia" feature four-bedroom plans in three-story homes displaying classic brownstone styling and decor. Each home offers up to 3,041 square feet of living space with attached 2-car private garages. Inside, gourmet kitchens feature top-quality Viking appliances and Delta Brizo faucets, solid wood cabinets and breakfast nooks. Hardwood floors underfoot lead to Arizona rooms, formal dining rooms and spacious patios & balconies. Retirees will appreciate the in-home personal elevators; an option available upon request.
The Brownstones at Artesia offers residents a wide spectrum of shopping, entertainment and recreational options. Convenient to both downtown Scottsdale and the Phoenix metropolitan area, Artesia offers a quiet sanctuary to come home to. Four miles of walking paths and hiking trails meander through a lushly landscaped, park-like setting backdropped by the majestic McDowell Mountains. Swimming pools, spas, a state-of-the-
Kennedy Wilson's grand opening auction for 20 luxury brownstones at Artesia will begin at 1PM on Sunday, February 8 at the Doubletree Paradise Valley Resort, 5401 North Scottsdale Rd., Scottsdale, AZ 85250. Registered participants are advised to arrive no later than 12PM for the auction, which will last approximately one hour.
Kennedy Wilson will be hosting a "How to Buy" informational seminar beginning 1PM on Saturday, January 31 at the Artesia Auction Information Office. Popular features of Kennedy Wilson's real estate auction, these seminars allow potential bidders a welcome opportunity to familiarize themselves with the auction process, terms & conditions, and registration procedures. The seminar will close with a live practice auction hosted by an actual Kennedy Wilson auctioneer.
Unable to attend in person but still want to participate?
ABOUT KENNEDY WILSON AUCTION GROUP
Kennedy Wilson's Auction Group has led the industry with dynamic sales programs since 1977. The Auction Group conducts live auctions, on-line auctions and sealed bid sales for all types of real estate, including new home developments, scattered residential properties, estate properties, court sales, institution owned and land. KW's marketing department provides total project supervision, including market analysis, advertising, media relations, event planning, signage, sales and sales management, database administration and escrow closing services.
For further media information, or for an interview, please contact:
Nelson Hudes
Hudes Communications International
(905) 660-9155
nelson@hudescommunications.com



