SOLD! No Reserve Waterfront Home Auction | Lake of the Ozarks | MM46 Fawn Valley | Climax Springs, MO
Ended: 04/01/20 at 1:00 PM CST
OPEN HOUSE: SATURDAY 3/21 & SUNDAY 3/22; 11AM-1PM AND SATURDAY 3/28; 11AM-1PM
162 Christenson Drive, Climax Springs, MO 65324
This Fawn Valley fully-furnished, 4 bedroom, 4 bath, lakefront home is situated on a prime .39 acre point with gorgeous panoramic channel views, 160 ft. of shore line and a 42×33 2-slip dock. With over 5,000 sq. ft. of finished living area, the home offers plenty of room for family and friends, multiple decks and covered patio for ample outdoor entertaining and don’t forget the sauna and hot tub for that needed relaxation after a full-day of water sports with the kids!
The interior of this well-maintained home features some recent updates/remodeling. See below for details.
The 27×24 living room has a wet bar, beautiful stone fireplace (gas) with heatilator, beamed and vaulted octagonal ceiling, 3 sliding-glass doors to the upper deck and of course, great lake views!
The Hot Tub Room 18×11; two-level, recently remodeled, new Sundance Spa tub, sliding glass door to the deck, sconce lighting, triple ceiling fan and Samsung wall mounted tv/dvr/satellite hook up. Below the hot tub room is the 6×10 Harvia sauna with two-level seating. Pamper yourself!
The spacious 30×24 open floor plan, eat-in Kitchen with dining room can easily handle the big gatherings. A 4-seat breakfast bar and an island with built-in Whirlpool electric stove/oven combined with the 2 Whirlpool microwaves, an Amana side-by-side refrigerator/freezer makes feeding a crowd a snap. Two large pantries (one w/ slide-out shelves), recessed and indirect lighting, three ceiling fans, hardwood floor and carpet in the dining room provide a highly functional dining space.
Master Bedroom: 27×28; sliding door to martini deck, vaulted ceiling, living area, 2 ceiling fans, entertainment center, carpet.
Master Bath (23×10); Recently remodeled/updated with walk-in shower and Jacuzzi tub, upgraded tile floors, double vanity and ample closet space with laundry chute.
Rec Room: L-shaped 27×19; carpeted, ceiling fan, sconce lighting, sliding door to lower level wraparound patio.
Family Room: 19×12; ceiling fan, carpet.
The Dock: 42×33; concrete deck, 2 slips – one 6,000lb Poly-Lift and one 10,000lb Poly-Lift. PWC pad with FirstMate lift. Picnic table, 2 storage sheds, fish cleaning station, running water. 2 roof-mounted retractable boat covers. Water level off the dock 21 – 24 ft. deep.
Selling with no reserve to the highest bidder regardless of price, this property has never been offered before, so don’t miss this opportunity to make an offer now or bid your price in the auction.
FAST FACTS & FEATURES
● Fully furnished, Water front, 4 bedroom, 4 bath home
● 160 ft. of lake front
● Situated on Prime Point location
● Gorgeous lake views
● 5,107 sq. ft. +/- finished living area
● 2-car attached garage
● 2-slip private dock with PWC pad
● 200 amp electrical service
● Community Water and Septic
● Community Pool across the street
● Boat ramp two doors down
● 46 MM, Fawn Valley subdivision
● Year Built: 1993
● Parcel # 06-3.0-05.1-000.0-002-004.000
● 2019 real estate taxes: $2,981.39
● Open houses: Sundays, March 15th and 22nd, 11 AM to 1 PM
● Online bidding ends: Wednesday, April 1, 2020, at 1:00 PM
About Lake of the Ozarks… Recognized for its natural beauty and miles of privately owned shoreline, the Lake of the Ozarks is known as the Midwest’s premier lake resort destination. It offers world-class boating, skiing, fishing, shopping, and dining opportunities. Top-notch golf courses, parks, and other recreational activities add to its universal appeal.
About Fawn Valley… Off Highway 7 in the northwest quadrant of the Lake, Fawn Valley features paved roads, spacious lakefront lots with well-maintained homes and wonderful mature trees. Here the Lake’s calm waters stretch half a mile between shores. This home is perfectly situated for maximum waterfront views, enjoyment of the lake lifestyle, plus it offers easy access to all the Lake’s amenities (on the water and off), without all the noise and congestion. Just relax!
Home Furnishings Included: The seller is offering this home fully furnished. The Bennington Pontoon and Lund V-Bottom fishing boat sell separately at online auction.
“ONLINE BIDDING” REAL ESTATE
AUCTION TERMS AND CONDITIONS
Proper and complete online registration is required to bid. All bidders must provide valid contact information including full name, address, phone number, and email address to register. A credit card (MC, Visa or Discover) is also required and will be validated before bidding access is granted, but is not a recognized form of payment for the earnest money deposit or purchase price. Bidders may also be required to provide proof of funds, bank letter of credit or other financial documentation if deemed necessary. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions. Bidders may register prior to, or during the bidding period. At registration bidders are given the option of receiving emails confirming their individual bids and/or when they are outbid.
All bidding in this auction is being conducted online. (If you need assistance placing a bid or prefer to submit a bid in person, please call our office for assistance at 816-781-1134) To place a bid, bidders have the option to bid in one of three ways 1) bid the current asking price, 2) bid a specific amount or 3) create a maximum bid. The “maxbid” or SET MAX” feature allows a bidder to enter their maximum bid. This authorizes the system to only bid the smallest acceptable bid increment on the bidder’s behalf when they have been outbid and only up to their maximum bid. The benefit of this feature is to provide you, the bidder with an easier way to bid by not having to login and manually bid each time you have been outbid. In the case of an auction with reserve, if the maximum bid entered is less than the reserve, the system will place the bid at the bidder’s maximum bid. If the reserve has been met or it is an auction without reserve, the system will only bid the smallest acceptable bid increment on the bidders behalf when they have been outbid and only up to their maximum bid. This auction utilizes a “Soft Close” feature that automatically extends the bidding time if a bid is received in the last 2 minutes of the auction. These extensions will continue until 2 minutes have lapsed without any bidding activity, at which time the auction is concluded. The benefit of these extensions is to provide an even playing field for all bidders.
A buyer’s premium of the greater of $2,500 or ten percent (10%) of the high bid shall be added to the high bid and included in the total purchase price to be paid by the successful bidder(s).
Sample calculation — High bid = $100,000
Buyer’s Premium = $ 10,000
Total purchase price = $110,000
Financing is not a contingency of sale in this offering. Therefore, it is strongly recommended that potential bidders ensure in advance that they are able to obtain the necessary financing to close the transaction and provide a pre-approval letter from their lender.
At the conclusion of the auction the Winning Bidder will be notified and receive an email and/or phone call confirming their winning bid status. In this or a subsequent email the Winning Bidder will receive a link to sign all documents electronically along with wiring instructions for submitting the required earnest money deposit to the named title company. Should the electronic processes described above be unavailable, alternative arrangements will be made. In any event, the contract signing and deposit payment process must be completed by close of business on auction day. A Winning Bidder whose documents and deposit are not received within the required time frame is subject to paying a liquidated damages amount equal to the down payment (charged to the credit card used at registration) and will not be allowed to bid in any future auctions. Please note that property-specific purchase contracts are available prior to the auction end date and reviews of such documents should be undertaken PRIOR to bidding. All final bids are subject to Seller’s reserve unless advertised otherwise. Any property with a high bid exceeding the Seller’s reserve will be declared “sold” by the Auctioneer. In instances where the seller’s reserve was not met in the auction, the signed contract and accompanying deposit will be presented to the Seller for approval, which shall be given or denied in the Seller’s sole discretion within 5 business days of the auction. If approval is denied, all documents and the deposit will be returned immediately.
EARNEST MONEY DEPOSIT:
The Winning Bidder shall be required to make an earnest money deposit equal to five percent (5%) of the total purchase price. This deposit must be received by 5:00 pm CST by wire transfer (or by certified funds), on the auction end date. Winning Bidder(s) whose documents and deposit are not received within the required timeframe are subject to paying a liquidated damages amount equal to 10% of the total purchase price (in addition to any other damages allowed or permitted by law). Auctioneer reserves the right to charge such liquidated damages amount to the Winning Bidder(s) credit card used at registration and not allow the bidder to bid in any future auctions.
The Winning Bidder shall close within 30 days of the auction end date, unless stated differently in the Purchase Agreement.
EVIDENCE OF TITLE:
Seller shall execute a warranty deed conveying the real estate to the buyer(s).
REAL ESTATE TAXES & ASSESSMENTS:
2020 taxes are to be prorated as of the closing date.
EASEMENTS AND LEASES:
Sale of said property is subject to any and all easements of record and any and all leases.
Cates Auction & Realty Co., Inc. and its representatives are Exclusive Agents of the Seller.
A commission of 3% of the high bid (unless a different percentage is stated in the property’s MLS listing) is offered to all participating properly licensed Brokers. This commission will be paid at closing to the Broker representing the Winning Bidder, who has completed, returned and met the terms of the Broker Participation Agreement. This agreement is available on our website and must be completed and returned prior to the Broker’s bidder placing a bid and no later than 48 hours prior to the auction end date.
DISCLAIMERS AND ABSENCE OF WARRANTIES:
The information in the auction advertising was obtained from sources believed to be accurate, but is subject to verification by all parties relying on it. All sketches, dimensions, square footage, acreage amounts, etc. are approximate. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All bidders are responsible for conducting their own inspections, investigations, inquiries and due diligence concerning the property. The property is being offered on an “AS IS”, “WHERE IS” basis and no warranty or representations, expressed or implied, is made by the Seller or the auction company. All information contained in the advertising and all related materials are subject to verification by all parties and the terms and conditions outlined in the purchase agreement. The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller’s reserve (if applicable). This property is available for and subject to sale prior to the auction end date.
We hope you enjoy bidding in this online auction!
Video: No Reserve Waterfront Home Auction | Lake of the Ozarks
MO Hwy 7 to Lake Rd. 7-13 (Bollinger Creek Rd.), North 5 miles to Victoria Ln (Lake Rd 7-13MJ), north to address on left.