Summit mountain home sells for $2,365,000 in J.P. King auction

 DILLON, CO (March 16, 2006) -- The week's snow storms were no match for the determination of bidders who turned out for the March 16 auction of a luxury home overlooking Lake Dillon in Summit County, Colo. The home sold for $2,365,000, with J.P. King Auction Company, Gadsden, Ala., managing the sale.

Bidders from as far away as Texas, California and New Hampshire turned out for the auction, which was held in the Great Room of the home with surrounding mountain peaks as a backdrop.

At the end of the 20-minute auction, the high bidder was John C. Pernicka, of Bellvue, Colo., founder and president of Pernicka Corp., Ft. Collins-based firm that manufactures computer-controlled machines to build high-tech products such as medical lasers and bar code scanners.

The home, designed by the Baker Hogan Houx architectural firm in Breckinridge, Colo., was built in 1989-1990. Built on multiple levels, it features a high-capacity elevator, high vaulted ceilings, 21-foot wet bar, library and dual wine cellars for red and white wines.

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