AUCTION. Approximately 9.4 Acre Parcel & Home on Bluff Overlooking Lake Michigan with 200' of Private Beach

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Oswin Clark
5 years ago
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Previously Valued At $3,200,000 Sealed Bid Auction: Bids Due By 12/1/17; 5PM CST Property Highlights: Lot Size: Approx. 9.4 Acres Home Size: Approx. 5,513 SF Bedrooms: 5 Bathrooms: 4.

1 Previously Valued At $3,200,000 Sealed Bid Auction: Bids Due By 12/1/17; 5PM CST Property Highlights: Lot Size: Approx. 9.4 Acres Home Size: Approx. 5,513 SF Bedrooms: 5 Bathrooms: 4.1 Fireplaces: 3 Elevator: All 4 Levels Walkout Lower Level: Partial Garage: 2 Car; Attached For Additional Info: Diana M. Peterson President, AuctionWorks 5226 Pine Lane Path, Stevensville, MI Enjoy spectacular, unobstructed lake views and 200 feet of private beach from this home situated on the bluff overlooking Lake Michigan. The approximately 5,513 sf home will require extensive renovation or teardown. Originally built in 1965, and architecturally redesigned and rebuilt in 1989, it has 5 bedrooms and 4.1 bathrooms. Set on approximately 9.4 acres, it is ideally located in Stevensville, just North of New Buffalo, Michigan. Great opportunity exists for a developer to construct several more homes on this parcel. The majority of this nearly 10 acre parcel is set back in the woods, along the road by which one approaches the existing home on the bluff. A developer could potentially construct several new homes while maintaining the complete privacy of the existing, lake front home site. Exterior features of the existing home include brick pillars and iron fence with remote controlled entrance gate; outdoor open grill with two built-in smokers; extensive decking; outdoor spa; underground sprinkler system; yard lighting; exterior stairs on both the north and south sides of the dwelling; camp site; dog run with a concealed doghouse; archery range; outdoor attached storage areas on all four levels of the dwelling; chain link fence; one concrete Z-wall and two embankment plastic terrace sea-walls. The seller recently spent approximately $300,000 to fortify the bluff which is located in a critical dune area. Located within a half mile northwest of the Village of Stevensville in a suburban area of Lincoln Township, along the shores of Lake Michigan, and within the Lakeshore public school. Near Interstate-94 (exit #22) within a mile to the east which connects Chicago, Illinois to the west with Detroit, Michigan. Seller is selling the Property "AS IS", "WHERE IS", without any representations or warranties. Cooperating Broker Licensed in the State of Michigan: Coldwell Banker Anchor Real Estate, License # ; Dana Cox, License # Broker Participation is Invited. Cooperating Broker Commission 2% Office: Mobile: diana.peterson@svn.com City of Chicago Limited Business License # Illinois Real Estate Brokerage Firm # Diana M. Peterson Illinois R.E. Broker # Diana M. Peterson Illinois Auction License #

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10 AUCTION DETAILS Sealed Bid Auction: Bids due on December 1, 2017 at 5pm CST. Visit to register in advance. Pre-Auction Bids Encouraged: Many of our properties sell pre-auction and are no longer available on auction day. If you are interested in this property, please contact us today via phone ( ) or to discuss placing a pre-auction bid. Sealed Bid Auction: Subject to seller confirmation. Buyer s Premium: A Buyer s Premium equal to five percent (5%) of the High Bid will be added to the High Bid. The High Bid plus the Buyer s Premium will equal the Total Purchase Price. 2% Cooperating Broker s Commission: Two percent (2%) of the Winning Bid amount will be paid at closing to a qualified Licensed Real Estate Broker ( Broker ) who duly registers with Auctioneer at least two (2) business days in advance of their Buyer placing a bid and whose registered Buyer s offer is accepted by the Seller and closes on the Property, provided the Broker is not prohibited by law from being paid such commission. Such commission shall be paid by Auctioneer to Broker from the 5% Buyer s Premium. To qualify for a commission, the Broker must register their Buyer at This registration must be received by the close of business two (2) business days prior to the Buyer placing a bid. Commissions will be paid only after closing and Seller receipt of proceeds. Brokers are not required to attend the closing. If a cooperating Broker has not met all of these requirements, no commission will be paid to the cooperating Broker, even if the cooperating Broker s Buyer purchases the Property. No oral registrations will be accepted. Under no circumstances whatsoever will any commission be paid if the sale does not close for any reason and/or if the Buyer s Premium is not paid to Auctioneer. As Is, Where Is Sale: Seller is selling the Property AS IS, WHERE IS, without any representations or warranties. Auction Terms and Conditions: Refer to the Auction Terms and Conditions for further details.

YEAR ROUND CAR WASH BUSINESS IN THREE OAKS, MICHIGAN

YEAR ROUND CAR WASH BUSINESS IN THREE OAKS, MICHIGAN 6817 US 12 THREE OAKS, MI 49128 David Makowski Senior Vice President 847.509.2757 davem@svn.com SVN AUCTIONWORKS 707 SKOKIE BLVD., SUITE 601, NORTHBROOK,