Business Wire

NY-CONCIERGE-AUCTIONS

30.5.2019 16:19:04 CEST | Business Wire | Press release

Share
Southern California Mountain Chalet Listed for $21.5 Million to Auction without Reserve via Concierge Auctions and Compass

A 16,000-square-foot Oak Glen mountain chalet will auction next month via Concierge Auctions’ online marketplace. Situated on 845 acres among surrounding mountains at 6,000 feet, the property – known as Eagle Crest – is the highest individually owned mountaintop compound in Southern California. Currently listed for $21.5 million, 40288 Pine Bench Road will auction Without Reserve in cooperation with Craig Strong of Compass. Buyers may bid from anywhere in the world June 26th -28th via the firm’s global online marketplace.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190530005547/en/

“The auction presents an incredible opportunity to own a serene retreat in the mountains of Southern California,” said Strong. “The estate offers one-of-a-kind custom work throughout sourced from artists and locations around the world. To reproduce a home with this craftsmanship and detail would require many years and an extensive budget.”

Architectural features of the five-bedroom estate include vaulted wood ceilings, abundant large windows with views to the ocean, custom distressed Alder cabinetry, more than 69 tons of naturally chiseled 3-Rivers stone flooring quarried from the Wasatch Mountain Range, and custom solid wood interior doors manufactured by Craftsman in Wood.

The interiors boast a commercial grade kitchen with top appliances such as Braun, Bosch, Sub Zero, and Wolfe; dining room framed by large floor-to-ceiling rock columns; master suite with a hand carved mantel, fireplace, coffee bar, two outdoor decks facing the north and south, dry sauna, and a privacy deck with a built-in Jacuzzi; a separate self-contained VIP suite with kitchen, a cinema with ticket booth and seating for 17 viewers, billiards room with nine-foot Brunswick tournament pool table, wine room with Sub-Zero wine cabinet, commercial-style fitness center with a Pilates and tanning room, and a 4,100-square-foot six-bay garage, shop, and carport.

Outdoor amenities include a dramatic 150-foot natural rock river bed that can be turned into a flowing waterscape, two barns, caretaker’s home, stocked fishing pond, full water rights tested and approved by Arrowhead Water, and an endless 845-acre backcountry.

For more information, visit ConciergeAuctions.com  or call +1.212.202.2940.

Contact:

Kari Neering kari@relevanceinternational.com David Gautschy david@relevanceinternational.com (212) 257-1500

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

From Network Automation to Agentic NetOps: NetBrain Sets the Standard for Deploying AI in Network Operations29.5.2026 15:00:00 CEST | Press release

Newest expansion of the NetBrain platform delivers Agent Skills, AI Path Doctor, MCP Server, and expanded cross-domain integrations, extending the agentic capabilities already running in production at hundreds of enterprises. NetBrain Technologies, Inc. today announced major new platform features that advance Agentic NetOps from an emerging category to operational reality. NetBrain's clients are already deploying agents that are diagnosing and remediating issues across complex multi-vendor enterprise networks. These new features further extend the platform with new agent tooling, cross-domain context, and open interfaces for the broader agentic enterprise. Early customer outcomes show the magnitude of the shift: A leading health insurer used NetBrain's Deep Diagnosis agent to diagnose and resolve a weeks old VPN connectivity issue in under five minutes. A large manufacturer resolved a critical device issue with a single prompt, isolating the root cause across the network path in under

Adtran resolves long-running patent litigation, reinforcing commitment to defend innovation29.5.2026 14:00:00 CEST | Press release

News summary: Non-practicing entity litigation continues to create costly, time-consuming pressure across the technology industry Adtran has reached a full settlement following counterclaims, with payment made to Adtran and all claims dismissed with prejudice Outcome reflects Adtran’s commitment to defend its innovations, customers and business against meritless patent assertions Adtran today announced it has resolved a patent litigation matter, resulting in a full settlement and dismissal of all claims with prejudice. The case, initiated in 2020 by a non-practicing entity asserting five patents, was transferred to the US District Court for the Northern District of Alabama in 2021 following a successful motion by Adtran. Adtran subsequently filed counterclaims, including bad-faith patent assertion under Alabama statutory law. The settlement includes payment to Adtran to resolve its counterclaims. Terms of the agreement remain confidential. “This outcome reflects a disciplined and consi

Meiji Seika Pharma Invests in GHIC’s Global Health Security Fund29.5.2026 13:00:00 CEST | Press release

Meiji Seika Pharma Co., Ltd. (Headquarters: Tokyo, Japan; President and Representative Director: Toshiaki Nagasato) today announced that it has committed to invest in the Global Health Security Fund (GHSF), which is sponsored by Global Health Investment Corporation (GHIC), a New York-based nonprofit organization. Through this investment, Meiji Seika Pharma will support the acceleration of innovations addressing critical global health challenges, including pandemic preparedness and antimicrobial resistance (AMR). GHIC is a mission‑driven nonprofit organization that deploys private investment strategies to generate both global health impact and financial returns. GHIC recently closed its second fund in GHSF. With more than a decade of experience investing in the field of infectious disease, GHIC has contributed to addressing major global health challenges. Its portfolio companies have successfully commercialized more than a dozen products, collectively reaching over 600 million people wo

IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC29.5.2026 12:50:00 CEST | Press release

Transaction advances portfolio transformation, sharpens focus on higher-growth, higher-margin businesses, strengthens balance sheet, and enhances value creation for shareholders IFF (NYSE: IFF), a global leader in flavors, fragrances, food ingredients, and health and biosciences, today announced that it has entered into an agreement to sell its Food Ingredients business to funds advised by CVC Capital Partners, a leading global private markets manager, in a transaction that values the business at approximately $4.3 billion, representing an enterprise value-to-EBITDA multiple of approximately 10x. As part of the transaction, IFF has chosen to retain an approximately 10% minority equity interest in the business, or approximately $200 million, permitting continued collaboration and cooperation between IFF and Food Ingredients and allowing IFF and its shareholders to participate in future value creation under its new ownership. The transaction marks a significant step in IFF’s portfolio tr

BeOne Medicines Establishes Standard for Long-Term Disease Control in CLL with BRUKINSA 78-Month Data at ASCO 202629.5.2026 12:00:00 CEST | Press release

Data represents the longest reported follow-up for a next-generation BTK inhibitor in CLL, showing sustained disease control and benefit that extends beyond first-line therapyBRUKINSA plus next-generation BCL2 inhibitor sonrotoclax (ZS) delivered deep, durable, and rapid uMRD responses, raising the bar for potential time-limited treatments in CLLData reinforce BeOne’s leadership in CLL and the strength of its foundational hematology franchise BeOne Medicines Ltd. (Nasdaq: ONC; HKEX: 06160; SSE: 688235), a global oncology company, is advancing the treatment paradigm in chronic lymphocytic leukemia (CLL) at the 2026 American Society of Clinical Oncology (ASCO) Annual Meeting. With extensive long-term follow-up, the SEQUOIA study of BRUKINSA® (zanubrutinib) reinforces its role as the foundational BTK inhibitor, showing sustained disease control over years of therapy. These findings are further supported by real-world evidence across three large analyses encompassing more than 250,000 pati

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye