Magnificent 14,000 sq. ft. Estate in Colorado's Prestigious Cherry Hills Village to be offered in Landmark Online Auction

    NEWPORT BEACH, CA, April 02, 2009 /24-7PressRelease/ -- Set against the majestic Rocky Mountains, a luxurious $10 million Cherry Hills Village estate perched upon 2.50-acre and just minutes from downtown Denver, will be auctioned online by the LFC Group of Companies on its Freedom Realty Exchange website (www.FRE.com/330R4). Following an increasing trend in real estate sales, this exquisite property at 5800 Piedmont Drive will begin with a starting bid of $3.9 million and a bid deadline of May 7, 2009.

Sprawling more than 14,000 finished square feet, 5800 Piedmont Drive boasts eight magnificent bedrooms, 10 full bathrooms, three half baths, and six fireplaces. The extensive list of not-so-common common rooms includes a gourmet kitchen, a grand family room with a 24-foot cathedral ceiling, a formal dining room, a state-of-the-art theater and a collector's-dream 11-car garage.

Catering to many of Colorado's most distinguished residents, Cherry Hills Village is amongst the more desirable places to live in the country, with several estates valued upwards of $20 million and the Cherry Hills Country Club as its centerpiece.

If 5800 Piedmont Drive is more house than you need, this auction also offers a brand-new Tuscan-style home measuring approximately 5,710 square feet and situated on nearly an acre of land in the Greenwood Village community "The Preserve". The intelligently-designed floorplan includes four bedrooms, four full bathrooms and two half baths, a four-car garage and both a library and private office.

For buyers looking to build their own dream home, FRE.com is also auctioning five ultra-premium lots. Two of these lots are in Cherry Hills Village and boast next door views of the prestigious Cherry Hills Country Club. The next two are in the exclusive Buell Mansion community, an area that is home to several noteworthy Colorado celebrities and professional athletes. And still, one more is set atop a ridge in Diamond Ridge Estates in Castle Rock. As the last ridge-side lot available, this finished property features dramatic views ranging from Pikes Peak to Mt. Evans.

Important property documents and disclosures are available on FRE.com (www.FRE.com/330R4) for download and review, ensuring that buyers are fully informed before they purchase. Broker participation is most welcome.

Freedom Realty Exchange --a member of the LFC Group of Companies
For more than 30 years, the LFC Group of Companies has 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. www.FRE.com

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