News

Accelerated Marketing Partners Announces Real Estate Auction for Primary and Vacation Homes in One of California's Premier Coastal Destinations  


Monterey, Calif. (March 26, 2008) – Accelerated Marketing Partners will conduct a real estate auction for primary and vacation homes on Sat., April 19 for Cypress Park, a condominium and townhome development in Monterey, Calif. Minimum selling prices for the 41 one- and two-bedroom homes available at the auction will start at $225,000.

"This is an excellent chance for buyers to capitalize on prices unheard of in Monterey, where homes are currently valued between $600,000 and $950,000," s aid Ken Stevens, co-founder and west coast chief executive officer of Accelerated Marketing Partners. "We’re letting the buyers determine market value for coastal community homes in Monterey.”

The auction event will take place at 6:00 p.m. at the Embassy Suites Monterey Bay, located at 1441 Canyon Del Rey, Seaside, CA 93955. The Cypress Park auction information center is open daily from 10:00 a.m. to 5:00 p.m. at 820 Casanova Ave., Monterey, CA 93940.

The 26 one-bedroom residences available at the auction range in size from approximately 551 sq. ft. to 637 sq. ft., for a minimum selling price of $225,000. The 15 two-bedroom residences range in size from approximately 860 sq. ft. to 920 sq. ft., for a minimum selling price of $265,000. One-bedroom homes had previous asking prices of up to $373,990, and two-bedroom homes had previous asking prices of up to $479,990.

Situated near the Pacific Ocean, residences at Cypress Park feature gourmet kitchens with custom countertops, quality stainless steel appliances, fine cabinetry and adjoining dining rooms. Condominiums boast convenient storage inside the homes or adjacent to private decks or patios, and the distinctive clubhouse, sparkling pool and large terrace areas offer endless opportunities for residents to entertain or relax.

Cypress Park is located in one of California's premier coastal destinations and near attractions such as the historic Fisherman's Wharf, Monterey Bay Aquarium, Cannery Row, shopping and other recreational activities such as scuba diving and golf.

For more information, please call 831-644-0541 or visit www.auctionmonterey.com.