ABSOLUTE AUCTION * 20 ATTRACTIVE LOTS IN CHESTNUT RIDGE SUBDIVISION Ledbetter, KY

ABSOLUTE AUCTION

20 ATTRACTIVE LOTS IN CHESTNUT RIDGE SUBDIVISION

COMPLETED STREETS & UTILITIES!

HOMESITES ARE READY FOR CONSTRUCTION!

OFFERED SEPARATE OR COMBINED

ADJACENT TO DRAKE CREEK CHAMPIONSHIP GOLF CLUB!

ATTN: HOMEBUILDERS, CONTRACTORS, DEVELOPERS &

GOLF ENTHUSIASTS

 

WHEN: SATURDAY, AUGUST 29th @ 10 A.M.

WHERE: AUCTION HELD AT THE PATIO GRILL AT DRAKE CREEK GOLF COURSE-ADJACENT TO CHESTNUT RIDGE SUBDIVISION

DIRECTIONS TO CHESTNUT RIDGE SUBDIVISION: From Paducah’s Southside intersection of John Puryear Dr. & US-62E take US-62E/Clarks River Rd. 1.8 miles making a slight right onto US-60/US-62/Reidland Rd. 0.6 miles. Turn left onto US-60E & proceed 1.7 miles crossing the Tennessee River. Turn right onto US-60E & go 1.8 miles. Turn left onto Blankenship Dr. arriving at Chestnut Ridge on right. Signs posted.

ADDRESS OF DRAKE CREEK GOLF CLUB:

1 Torrey Pines

P.O. Box 306

Ledbetter, KY 42058

 

INTRODUCTION:

 

Ready to build your dream home? Do you like quiet walks in the evenings? Look no further. Consider Chestnut Ridge Subdivision in Ledbetter KY. Numerous amenities within walking distance include scenic views of the Ohio River, 18 holes of golf at Drake Creek’s Championship Golf Course and driving range, putting green, clubhouse equipment & apparel, and a restaurant/grille! Chestnut Ridge is also located in close proximity to shopping, restaurants, schools, churches, & more!

 

 

 

SUBDIVISION: Chestnut Ridge Subdivision has all underground utilities (except natural gas) including Jackson Purchase Electric, sewer and water, asphalted streets, protective restrictions, completed homes, some homes recently constructed, charming neighborhood with scenic surroundings, and much more! Buy one, two, or as many lots as you like! Want to build a larger home? Purchase two adjoining lots to accommodate the size of your dream home. You may buy in any combination.

 

LOT NUMBER DESCRIPTIONS:

#2 @ 10,000 sq. ft.

#3 @ 10,000 sq. ft.

#4 @ 9,971 sq. ft.

#5 @ 11,164 sq. ft. (Corner)

#8 @ 10,439 sq. ft.

#9 @ 12,627 sq. ft.

#10 @ 13,025 sq. ft.

#13 @ 12,329 sq. ft.

#14 @ 14,420 sq. ft.

#15 @ 10,811 sq. ft.

#16 @ 10,445 sq. ft.

#17 @ 10,488 sq. ft.

#18 @ 10,639 sq. ft.

#19 @ 9,678 sq. ft.

#21 @ 10,566 sq. ft.

#22 @ 10,639 sq. ft.

#23 @ 11,375 sq. ft.

#24 @ 11,860 sq. ft.

#25 @ 10,224 sq. ft.

#26 @ 11,127 sq. ft.

 

Drake Creek Golf Club: Established in 1999, Drake Creek was designed by renowned golf architect Rich Osborne and constructed by Holmes and Company, the same company that built English Turn in New Orleans, Pinehurst National, and Grand Cypress in Orlando among others.

Drake Creek is consistently maintained in an impeccable condition that is simply better than other area golf courses. The 18-hole course features Zoysia fairways and tees, bent grass greens, over 20 acres of water and 38 sand bunkers. There are four separate tees on each hole so the course can be as friendly or as challenging as you make it.

Superb practice facilities, the area’s finest golf shop and a PGA staff that is both courteous and knowledgeable enhance the Drake Creek golfing experience. Please visit Drake Creek Golf Club. We think you'll see why it has become the area's favorite golf destination.

 

TERMS OF AUCTION:

REAL ESTATE: 15% - 20%good faith deposit due day of sale depending on number of lots purchased. Balance due in 30 days. 10% buyer premium added to final bid and included in the total contract price. Bank letter of credit required if unknown by Auction Company. Bidders are responsible for their own inspections and verifications either before or during day of auction. Showings by appointment only or between the morning hours of 8:00-10:00AM on day of auction. Announcements day of auction will take precedence over any previous marketing, either written or oral.

PREVIEWS: You can preview property at your leisure or call office for appointment. Signs are marking respected lots for auction. The Auction Co. and sellers are not responsible for accidents.

PROCEDURE: Initial procedure determined by auctioneer.

TITLE: Fee Simple Absolute title delivered.

DEED: Seller will provide a General Warranty Deed.

PURCHASE AGREEMENT: Successful bidder/s will enter into a purchase agreement contract immediately upon conclusion of the auction.

POSSESSION: Possession given at closing.

RESTRICTIONS: Any recorded restrictions (if any) and zoning regulations apply.

EASEMENTS: Sale of property is subject to any and all easements of record.

ABSENCE OF WARRANTIES & DISCLAIMER: All information contained herein and all related materials are subject to the Terms and Conditions outlined in the Purchase Agreement. The property is being sold on AS IS, WHERE IS basis, no warranty or representation either expressed or implied concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own inspections, verifications, investigations, inquiries, and due diligence concerning the property. The information contained herein is subject to verification by all parties relying on it. There is no liability for its accuracy. Errors and/or omissions insurance are assumed by the seller or the auction company. Conduct of the auction and increments of bidding are at the discretion of the auctioneer. The sellers and selling agents reserve the right to preclude any person from bidding if there is any question regarding the person’s credentials, fitness, etc. All decisions of the auctioneer are final.

AUCTIONEER’S NOTE: Auction @ Drake Creek golf Course’s The Patio Grill, rain or shine. Any announcements made the day of the sale take precedence over printed material or any other oral statements made. Auction Company or owner is not responsible for accidents.

NEW INFORMATION, CORRECTIONS, AND CHANGES: Please check for updated information prior to scheduled auction time for changes, corrections, or additions to the herein described property information.