LFC Announces Online Auction of Luxury Homes in Denver’s Castle Pines Village

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LFC Group of Companies, the industry leaders in online auction marketing of real estate, is proud to announce the latest auction campaign featured on the company’s residential website FRE.com: five luxury homes and two development lots in Castle Pines Village, one of Denver’s most private and serene communities.

LFC is hosting online auctions of several beautiful luxury homes in Castle Pines Village, Colorado.

Auction doesn’t always mean distressed, and once you see these homes, you will know what I mean

LFC Group of Companies, the industry leaders in online auction marketing of real estate, is proud to announce the latest auction campaign featured on the company’s residential website FRE.com: five luxury homes and two development lots in Castle Pines Village, one of Denver’s most private and serene communities.

This builder closeout auction represents the few remaining homes of a well-respected Colorado homebuilder who is struggling to sell in a stagnant market. Wanting to stand above the scores of other “homes for sale”, the builder decided to sell their final inventory via an online auction allowing buyers to set the true market value through competitive bidding.

“Auction doesn’t always mean distressed, and once you see these homes, you will know what I mean,” states Kelly Lovegrove, LFC’s Director of Operations. “This is just another way to sell homes, especially in the current market conditions. Buyers have a lot of choices, but we hope this auction will attract their attention and excite them to buy a new home via the auction.”

The auction campaign includes five homes and two development lots. Two of the homes, 5044 McClure and 678 Ruby Trust Drive, are five-bed, seven-bath luxury estates ranging in size from approximately 6,100 square feet to 7,000 square feet. Featuring walls of windows, including fully retractable sliding glass doors leading to a large deck overlooking incredible views of the surrounding hills and valleys, homeowners enjoy a luxury resort feel, yet are close to the metro Denver area. Well-appointed, spacious and intuitively-designed, the interiors of these custom estate homes boast expansive master suites with fireplaces, coffered ceilings, two extra large walk-in closets and lavish master bath with a 72-inch sunken, jetted tub and walk-in shower. The finished basements are more than comfortable with en suite bedrooms, a theater room with tiered seating, an exercise room with full bath, a wet bar and a 3,000 bottle wine cellar.

The three homes on LeDuc Lane feature welcoming great rooms, gourmet kitchens, spacious master bedrooms with fine bathrooms, extraordinary detail and designer features. Lastly for those interested in building their own dream home, this online auction campaign includes two prime development lots perched on one of the highest points in Castle Pines Village, offering expansive views of the natural scenery.

Castle Pines Village is a 3,000 acre enclave of pine tree forests, sandstone cliffs, winding rivers and award-winning golf courses. Amidst the picturesque setting, Castle Pines Village offers tennis, swimming and a world-class fitness facility that includes an Olympic size six lane pool, a Jacuzzi and a 4,800 square foot indoor facility. Residents also enjoy access to an extensive network of hiking, biking and nature trails.

At the heart of this special community lies world-class golf with two of Colorado’s most acclaimed private courses, both designed by Jack Nicklaus. In fact, the Country Club at Castle Pines Golf Course was named the second best residential golf course in the country by Golfweek Magazine’s 2009 rankings, while the Castle Pines Golf Club Course has hosted “The International” PGA tour stop for the last 21 years.

Located just 15 minutes from the Denver Tech Center, the Park Meadows shopping area and the new Skyridge Medical Center, and just 30 minutes from Downtown Denver, Castle Pines Village is the pinnacle of luxurious living along the Front Range of Colorado, with resounding beauty and world-class amenities.

Interested buyers are encouraged to visit http://www.FRE.com/350R2 for specific property documentation, auction details and to schedule a viewing. Bids start as low as $300,000. The bid deadline is November 5, 2009.

LFC Group of Companies For more than 30 years, the LFC Group of Companies have served numerous Fortune 500 companies, real estate developers, investors, financial institutions and government agencies by auction marketing thousands of commercial, industrial, land and residential properties with an aggregate value well in excess of $5 billion. http://www.LFC.com (Commercial) http://www.FRE.com (Residential). The company also launched BigBidder.com, the only online auction website for buying and selling individual real estate-backed Notes.

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