Northern Bay Golf Resort and Marina- 26 Condos sold for over $4 Million

ARKDALE — At a real estate auction on Saturday, September 11, 26 condos at Northern Bay Golf Resort and Marina sold for over $4 million. J. P. King Auction Company, the nation’s leading real estate auction marketing firm, conducted the event at the condo’s site, which features views of a champion golf course and Castle Rock Lake.



Over 350 attendees packed the auction site at the 11 a.m. sale that brought 156 registered bidders from four states, including several bidders from Chicago and Minneapolis. Starting bids for the two- and three-bedroom units were as low at $49,900 but brought prices ranging from $110,000 to $258,500. A partially-completed building also sold for $330,000. The total sale brought $4,092,000.

“These condos are set in a beautiful location, and our bidders recognized the opportunity that the
sellers provided,” said Craig King, president and CEO of J. P. King Auction Company. “We had a great turnout and great results for our sellers and buyers, which is the definition of what an auction can do — bring satisfying prices for both sides of a sale.”


This auction is the first of five events for J. P. King in the month of September, with a ranch, a bank portfolio, waterfront condos and a 216-acre island to be sold later this month. For additional information on upcoming auctions, contact J. P. King at 800.558.5464 or visit the company’s website at .


J. P. King Auction Company specializes in high-value properties and portfolios such as luxury homes, developments, condominiums and land and ranches. The company has marketed properties in all 50 states and six countries with recent sales in Texas, Alaska, Tennessee, Oregon, Wisconsin, Alabama and Wyoming.

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