Auction Information
Online Bidding Site4.99ac Executive Estate, 10,388' Log Home on Thousand Island Lake
AUCTION....4.99 ACRE LAKEFRONT EXECUTIVE ESTATE WITH 10,388' CUSTOM LOG HOME
Friday, May 6 at 11am - 19960 Thousand Island Lake Road in Watersmeet, Michigan
4.99 Acre Estate on Thousand Island Lake
Tony Langdon Auction Properties 214.876.5950
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REAL PROPERTY: This incredible Estate sits on approximately 5 acres on the shore of Thousand Island Lake. The 10,388' Custom Log Home was constructed with meticulous detail in 2008. It has 6 bedroom, 8 bathrooms and features Louisiana Cypress, beautiful fixtures, vaulted ceilings, floor-to-ceiling fireplace, gourmet kitchen with walk-in pantry, master suite with a fireplace, 3 season porch with amazing views on the main level and an unbelievable sound system and cedar lined closets throughout the entire house. The lower level has a wet bar, recreation room and home theater. There's a 40' x 30' detached garage with an upstairs Guest Suite. Additio...
REAL PROPERTY: This incredible Estate sits on approximately 5 acres on the shore of Thousand Island Lake. The 10,388' Custom Log Home was constructed with meticulous detail in 2008. It has 6 bedroom, 8 bathrooms and features Louisiana Cypress, beautiful fixtures, vaulted ceilings, floor-to-ceiling fireplace, gourmet kitchen with walk-in pantry, master suite with a fireplace, 3 season porch with amazing views on the main level and an unbelievable sound system and cedar lined closets throughout the entire house. The lower level has a wet bar, recreation room and home theater. There's a 40' x 30' detached garage with an upstairs Guest Suite. Additionally there's a 40' x 30' Storage Building, Private Permanent Pier and you're cleared to land your private plane on the lake.
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LIVE AUCTION: The property will be offered for sale in a Live, Audible Auction, conducted by a Licensed Auctioneer on FRIDAY MORNING, MAY 6 at 11:00AM Central Time. The Auction will be conducted on site at the property with registration beginning at 9:00am on the day of the Auction. The property will sell "AS IS". It is the sole responsibility of potential Buyers to inspect and conduct your research prior to the Auction.
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REAL ESTATE TERMS: A 10% Buyer's Premium will be added to the High Bid attained at Auction to constitute the Total Contract Price. The Non-Refundable 10% Buyer's Premium will be paid the day of the Auction when the Contract is executed by Cash, Cashier's Check or a Personal/Business Check will be accepted if accompanied by a "Bank Letter of Guarantee". The Balance will be due at Closing, on or before, Thursday, June 28, 2022 at 5:00pm Central Time. Buyer is responsible to attain his or her own Financing prior to Closing.
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ONLINE BIDDING: If you are unable to attend the Live Auction on-site... you can participate in Real-Time Online Bidding that will be available through PROXIBID beginning at 10:30am on the day of the Auction. Pre-registration with PROXIBID is required.
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AGENT INCENTIVE: Real Estate Agents are eligible to receive a 2% Commission. Bring your Buyer and Co-Register the day of the Auction. The Real Estate Agent of the successful Buyer will receive a 2% Commission of the Auction Strike Price to be paid the day of Closing. Real Estate Agents participating as a Principal to the transaction or are an Immediate Family Member of the Buyer are ineligible for the Agent Incentive.
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OPENING BID: $250,000
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REAL ESTATE PREVIEW: This property my be viewed by appointment only. Call to schedule an appointment.
Contact Tony Langdon at 214.876.5950 for additional information
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