Grand Reopening Real Estate Auction Announced for 11 Luxury Condominium Residences at Chilali, Located in Sun Valley, Idaho's Premier Year-Round Resort Destination

Top Quote Accelerated Marketing Partners (AMP) to Conduct Feb. 19th Sale with Minimum Bids Between $295,000 and $825,000, Which Are Up to 66 Percent Below Previous Asking Prices. End Quote
  • Boise City, ID (1888PressRelease) December 23, 2010 - Accelerated Marketing Partners (AMP) today announced it will conduct a grand reopening real estate auction on Sat., Feb. 19 for 11 new, condominium residences at Chilali, a luxury development comprised of one- and two-story homes in Ketchum, Idaho's resort city of Sun Valley. Sun Valley has long been a popular, year-round mountain destination with outdoors enthusiasts and notable personalities, such as Lucille Ball, Leonard Bernstein and Ernest Hemmingway, and is for current figures like Arnold Schwarzenegger and Clint Eastwood. The event will be held at Sun Valley Resort, located at 1 Sun Valley Road in Sun Valley. Minimum bids for the available homes range from $295,000 to $825,000, and are up to 66 percent below previous asking prices of nearly $2.2 million.

    The auction information center and model homes for Chilali are open daily from 10:00 a.m. to 5:00 p.m. MST through Feb. 19, and are located at 222 2nd Ave. North in Ketchum. Advance registration is required, and financing is available for qualified buyers. Additional information is available at AuctionSunValley.com or through Chilali's auction concierge service at 888.867.2306.

    "The Chilali auction will be a rare opportunity for prospective homebuyers to buy into one of the most sought after leisure destinations in the country and they can feel confident doing so through a transparent bidding process," said Ken Stevens, west coast CEO of Accelerated Marketing Partners, a national, full-service real estate firm that has conducted several high-end resort property auctions around the country. "After a few years of stalled activity, Chilali can finally be delivered at a price the market is willing to pay. The seller is looking to consumers to determine what the remaining residences are worth and is committed to accepting whatever that determination may be."

    While no two homes at Chilali are exactly alike, all were designed with meticulous attention to detail and craftsmanship in woodwork, tile and stone finishes. Each classically-styled home showcases high-end elements, including custom hardware, natural wood-wrapped windows and doors and contemporary lighting. There are 25 spacious one-, two-, and three-bedroom homes in total at Chilali, ranging from 1,612 square feet to 3,200 square feet, which offer unobstructed views of the Bald and Dollar mountain ranges. Homes are accentuated by oversized window frames and top-floor vaulted ceilings, feature central great rooms to create a sense of spaciousness and oversized gas fireplaces lined with natural stone to bring warmth to the room.

    The following is a list of the 11 luxury homes available for immediate occupancy at the Feb. 19 sale:

    • One one-bedroom, 1.5 bath home that is approximately 1,612 square feet and has a minimum bid of $295,000, which is 58 percent below its previous asking price of $695,000.

    • One two-bedroom-plus-den, 2.5 bath home that is approximately 2,225 square feet and has a minimum bid of $595,000, which is 65 percent below its previous asking price of $1.695 million.

    • Two three-bedroom, three-bath homes that range in size from approximately 2,394 square feet to 2,529 square feet. These residences have minimum bids from $495,000 to $825,000 and are up to 66 percent below previous asking prices, ranging from $1.45 million to $2.195 million.

    • Five three-bedroom, 3.5 bath homes that range in size from approximately 2,428 square feet to 2,513 square feet. These residences have minimum bids from $625,000 to $795,000 and are up to 64 percent below previous asking prices, ranging from $1.7 million to $2.195 million.

    • One three-bedroom-plus-den, three-bath home that is approximately 2,826 square feet and has a minimum bid of $695,000, which is 64 percent below its previous asking price of $1.95 million.

    • One three-bedroom-plus-den, 3.5 bath home that is approximately 2,793 square feet and has a minimum bid of $695,000, which is 65 percent below its previous asking price of $1.995 million.

    Residences boast gourmet kitchens featuring stainless steel appliances and full-slab granite countertops. Spacious master baths have separate showers and jetted marble tubs. Extensive on-site amenities include a rooftop, open-air entertainment area, complete with an outdoor barbeque, fireplace and oversized hot tubs; a spacious, state-of-the-art fitness center with top-of-the-line equipment, sauna, and flat-screen TV and games; ample resident storage with private ski-lockers; and a full-level of underground parking.

    Situated in a prime spot of downtown Ketchum, designated one of the 100 Best Small Art Towns in America, Chilali is 11 miles from the Hailey Airport and is only a two block stroll from Main Street, where some of Sun Valley's best shopping, restaurants, art galleries, theaters, and nightlife can be found. Chilali is also the closest luxury property to River Run's ski-access, which provides easy access to Bald Mountain and offers year-round recreational activities ranging from hiking, biking and fly-fishing to world-class skiing and golfing on one of Sun Valley's three 18-hole golf courses.

    For information on the Chilali auction, please call 888.867.2306 or visit AuctionSunValley.com.

    Accelerated Marketing Partners (AMP)
    Accelerated Marketing Partners, a full-service residential real estate firm with offices in Boston and Danville, Calif., specializes in the development and implementation of both accelerated and conventional marketing and sales programs. The company has brought together the industry's most seasoned professionals with decades of experience providing strategic marketing solutions for residential real estate developments nationwide. Accelerated Marketing Partners offers comprehensive integrated services including detailed marketing analysis, management of on-site sales initiatives and accelerated marketing campaign development and implementation. Accelerated Marketing Partners is comprised of Accelerated Marketing Partners, LLC, the firm's east coast division; and Accelerated Marketing Group, Builder Marketing Services, LLC, the firm's west coast division. www.acceleratedmp.com.

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