Auction Description

ATTENTION: LUXURY HOME BUILDERS & REAL ESTATE INVESTORS!
403+/- Ft. of Prime Lake Hamilton Frontage w/Launch Ramp & Panoramic Lake Views ~ (3) Lots in the Exclusive, Gated Bayview Estates Subdivision Offered Individually & in Combinations ~ Conveniently Located 2.5 Miles off HWY 7 South ~ Only 8 Miles from Oaklawn Racing & Casino Resort ~ Lakeside School District ~ Auction will be Conducted On-site w/Live, Online Bidding Available

REAL ESTATE DESCRIPTION: Lots 5, 6 & 7 are the Last (3) Undeveloped Lots in the Ultra-exclusive, Gated Bayview Estates Subdivision! ~ Bayview Estates Subdivision was Developed into Only 12 Lots on a Beautiful Point w/Panoramic Views of Lake Hamilton, at the End of a Dead-end Street in 2003 ~ The Other 9 Lots Contain 6 Incredible Homes Ranging in Size from 4,000+/- SF to 10,000+/- SF ~ These 3 Exceptional Building Lots Total 0.9+/- Acres & have been Selectively Cleared, Leaving Several Mature Hardwoods & Flowering Trees as it Very Gently Slopes Down to the 403+/- Ft. of Prime Lake Hamilton Frontage w/Year-round Water & Incredible Lake Views ~ These 3 Lots Boast Paved, Curb & Gutter Road Frontage Inside the Security Gated Entrance on the Serendipity Trail Cul-de-sac, Underground Utilities Including Electricity, City Water & City Sewer ~ Poured Concrete Private Boat Launch Ramp (on Lot 7) ~ Conveniently Located Only 7 Miles from the MLK Expressway, 2.5 Miles West of HWY 7 South/Central Avenue & just off the Main Channel of Lake Hamilton, in Lakeside School District ~ (LOT 5) 0.32+/- Acres w/ 139+/- Ft. of Lake Frontage ~ (LOT 6) 0.25+/- Acres w/ 129+/- Ft. of Lake Frontage ~ (LOT 7) 0.33+/- Acres w/ 135+/- Ft. of Lake Frontage ~ Lots Will be Offered Individually or in Combinations ~ Offers Prior to Auction are Welcome.

AUCTIONEER’S NOTE: If you’re looking for a Lake Hamilton lot to build a luxury home or dream home on, in one of the most exclusive and quiet subdivision, with panoramic views in an excellent location, you have just found it. Don’t miss this opportunity!

INSPECTION: Lots can be Viewed by Appointment ~ Contact Agent, Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com with Questions ~ Auctioneers will be On-site at 10:00 a.m. Day of Auction.

CLOSING COMPANY: Lenders Title Company ~ Closing Agent: Shanda Dunlap ~ 110 Ouachita Avenue, Hot Springs, Arkansas 71901 ~ (501) 624-2541 ~ Fax/623-4552.

REAL ESTATE TAXES FOR YEAR 2019: $6,953.09 (total for all 3 lots)

SCHOOL DISTRICT: Lakeside

TERMS ON REAL ESTATE: $25,000.00 Cashier’s Check (PER LOT) made Payable in Your Name or Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome.