so expect to see attractive auction prices
Irvine, Calif. (Vocus) May 14, 2010
Twenty-two exquisite condominiums at 18th on the Bay at the Peninsula on Indian River Bay in Millsboro, Delaware will be auctioned May 23 at 1 p.m. by REDC, the nation’s largest real estate auction firm.
To see the condos, go to REDC’s web site, Auction.com. Starting bids for the condos begin at $89,000. The public may register online at the auction website accessed through Auction.com, in person at the auction information office or register on auction day at the 18th on the Bay community May 23 as early as 11:30 a.m. The auction will be conducted at 27239 18th Blvd, Suite 1301, Millsboro, DE 19966.
Overlooking the 17th and 18th fairways of The Peninsula’s private Jack Nicklaus Signature Golf Course, as well as the peaceful waters of Lingo Creek and the Indian River Bay, 18th on the Bay condominiums are comprised of stunning coastal-style homes and feature world-class golf, located on a course that has been recognized as the “Best Private Club” by Golf, Inc.
“The numerous upgrades coupled with the spectacular setting make this a wonderful opportunity for buyers,” says Jeffrey Frieden, CEO of REDC. “The 18th on the Bay at the Peninsula condos feature the perfect blend of amenities, location and views. Residents are within walking distance of Lakeside Village. 18th on the Bay boasts a spectacular view of the 17th fairway and the 18th hole along with views of Lingo Creek and the Indian River Bay.
“This auction is a great opportunity for buyers to gain ownership in a premier community,” he adds. “These are wonderful residences, investment properties, or second homes in an exclusive community that can be purchased at rock-bottom auction prices. People should not miss this unique opportunity to be at the heart of this magical area at a price they can afford.”
Sellers are motivated, Frieden says, “so expect to see attractive auction prices,” he adds. “Auctions are the only way to buy real estate where the pricing starts at the bottom and works its way up. Auctions are also the only buying alternative where you can set your own price. That’s why we continue to see amazing deals at our auctions, one after another.”
The 18th on the Bay offers a selection of two, three, or four-bedroom floor plans, including designs with dual master suites, wide open spaces, and single floor conveniences. The lavish amenities of this luxurious condominium lifestyle include a state-of-the-art gourmet kitchen, expansive living and entertaining areas, private master suites, and room for family or overnight guests. The homes also offer space for family gatherings or entertaining friends, as well as private parking. The standard finishes and interior features of the condominiums inside 18th on the Bay are considered luxury upgrades in other home communities.
“If you’re looking to buy or invest in today’s housing market, now is the best time,” Frieden says. “Today’s low prices and low interest rates have created a perfect storm for home buyers. This is a very unique period in the real estate market.”
Auction Information Office: 27239 18th Blvd, #1301, Millsboro, DE 19966, 800-526-6036.
- Gorgeous views of Lingo Creek & The Indian River Bay
- Bordering the lush open fairways of the 17th & 18th holes
- Beautiful landscaping throughout
- Stunning cedar shake, hardi plank, ledgestone
- Maintenance-free lifestyle
- Hardwood floors
- Beautiful gourmet kitchens
- Stunning millwork
- Additional amenities include:
Andersen Windows with low-E glass
Kohler Devonshire faucets in brushed nickel
Structured wiring with cable/phone/network ports throughout
Full size Jacuzzi tub & tiled shower in master bath
Large 42” gas fireplace with marble hearth & surround
Recessed lights throughout kitchen & living area
18” x 18” tile or hardwood in foyer & kitchen
Lavish interior design packages
Contact: Rick Weinberg