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Coldwell Banker Select Sells Elegant Manzanita Estate for $8 Million Securing One of the Largest Recorded Residential Real Estate Transactions in Reno, NV


Reno, NV, May 22, 2015 --(PR.com)-- Coldwell Banker Select Real Estate recently closed on the sale of a landmark residence in Manzanita Lane neighborhood for $8 million. The expansive 19,500 square-foot gated mansion is nestled on 20-acre estate and offers a superb balance of privacy and convenience. The property was built in 2005 by famed hotel casino designer William Pennington. He is consider a gaming industry pioneer, successful entrepreneur and one of Nevada's leading philanthropists. During his successful career, Pennington played a major role in establishing the Circus Circus Empire and various other successful entrepreneurial ventures.

Dena Hospodka, Managing Broker of Coldwell Banker Select and listing agent for the Manzanita estate stated, “The experience has been fabulous. We have hosted several red carpet events at the property and all the trustees and employees of the Manzanita Estate have been a pleasure to work with. I would like to personally thank Joya Maccabee of Chase for bringing in the buyer, Roger Norman.”

“As both a Previews® property specialist and the resident Previews® certified luxury instructor, I attribute much of our success to the expanded exposure of both Previews® International and Coldwell Banker Select luxury programs.

“We use all avenues and resources to insure maximum exposure globally. One never knows where buyer could be coming from. The Manzanita Estate had several international inquiries from as far as China and Dubai,” said Hospodka.

Ron Hoy, Chief Operating Officer of Coldwell Banker Select, stated, “As COO of Coldwell Banker Select, I am very proud and thankful for the opportunity to be a part of one of the largest residential real estate transactions in Reno. It’s very exciting time for us in Northern Nevada. As a leader in luxury real estate, Coldwell Banker Select, will continue to provide our exceptional customer experiences to even more area residents and those who will be relocating here. Although the purchaser was not brought in from the recent surge in tech giants, we understand the importance of marketing on all levels it just happened the buyer was a locally renowned commercial developer.”

The Manzanita Estate is pure elegance. Its exquisite details are effortlessly married with 21st century technology. Majestic 180 degree views of the mountains and city are viewable from several vantage points throughout the home. The interior boasts richly adorned rooms with large refined entertaining areas including a circular bar, formal dining room, in-house theater, exercise room, private salon, impressive pool, and a FAA approved private helicopter pad. The mansions inviting bedrooms and eight bathrooms round out this extraordinary property.

For more information on other luxury listings or if you would like to join our exclusive team, please email Ron.Hoy@CBSelect.com.

About Select Group of Real Estate Services
Select Group of Real Estate Companies began in 1980 when Daniel Jacuzzi purchased his first office in Yuba City, CA. Today, the organization is home to 6 companies with over 60 offices throughout Northern California, Lake Tahoe and Northern Nevada. Over the past three decades, The Select Group has consistently grown, even during industry downturns, by adhering to a simple commitment. We always put our clients’ interests first. The Select Group has achieved the honor of being named one of the “Top 100” Real Estate Companies in the United States of the last 5 years in a row.

About Coldwell Banker®
Since 1906, the Coldwell Banker organization has been a premier provider of full-service residential and commercial real estate. Coldwell Banker is the oldest national realty brand in the United States and today has a network of nearly 90,000 real estate agents working in more than 3,300 offices in 49 countries and territories.

Contact
Ron Hoy | Managing Broker & Previews® Luxury Specialist
1170 South Rock Blvd. Reno, NV 89502
(775) 336-4800 | o
(775) 336-6753 | c
Ron.Hoy@cbselectre.com
www.Ron.Hoy.cbselectre.com
www.cbselectre.com
Contact Information
Coldwell Banker Select Real Estate
Ron Hoy
(775) 336-4800
Contact
www.Ron.Hoy.cbselectre.com

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