Auction Description

No Reserve Auction!

On Thursday, October 16th at 11:00 AM, Wilson Auctioneers will sell 17 Incredible Residential Building Lots in the Security Gated 'The Springs at Cedar Court' Subdivision in White County, Arkansas.

Property Highlights

• Beautiful Security Gated, Landscaped Entrance & Concrete Interior Streets
• 80 Acre Luxury Subdivision Planned & Developed in 2022
• 17 Lots available, cleared, mostly level & build-ready ranging in size from 3 - 5 Acres 
• Underground electricity, public water, underground fiber high-speed internet, and natural gas.
• Conveniently Located Only 3 Miles from US-67 Exit 42 in Searcy.
• Freedom to choose your own builder & build the home of your dreams
• Country Setting with Beautiful Sunsets Only Minutes from the Center of Searcy.
• Minimum 2,800 square feet of heated & cooled living space required
• 2-Car or larger garage required.
• 2 Horses Allowed per lot  
• No Reserve Auction – sells to the highest bidder, regardless of price.

Auction Details:

• Date & Time: Thursday, October 16th at 11:00 AM
• Location: Cedar Court, Searcy, AR 72143
• Terms: 10% Buyer’s Premium | $10,000.00 Earnest Money (PER LOT) | Close within 30 days

Don’t miss your chance to buy an incredible Lot or Multiple Lots in the Prestigious "The Springs at Cedar Court" at absolute auction!

REAL ESTATE DESCRIPTION This 80 Acre Luxury Subdivision Planned & Developed in 2022 Features a Beautiful Security Gated, Landscaped Entrance & Concrete Interior Streets with Underground Electricity, Public Water, Underground Fiber High-Speed Internet & Natural Gas ~ Conveniently Located Only 3 Miles from US-67 (Exit 42) in Searcy ~ Choose your own Builder & Build the Home of your Dreams in a Country Setting with Beautiful Sunsets Only Minutes from the Center of Searcy ~ Restrictions Require a Minimum of 2,800 Square Feet of Heated & Cooled Living Space & 2-Car or Larger Garage ~ 2 Horses Allowed Per Lot ~ Searcy School District ~ This Property Will be Offered in (17) Individual Lots & Combinations & it’s ALL SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY! ~ Selling On-site with Online Bidding Available! ~ Offers Made Prior to Auction Day are Welcome!

LOT DESCRIPTIONS:

(LOTS 1-6, 8-11 & 14 & 15) 3± Acre Lots Cleared, Mostly Level & Ready to Build with Utilities Along the Street.

(Lot 16) 4.70± Acres with a Large Pond, Cleared, Mostly Level & Ready to Build with Utilities Along the Street.

(LOTS 17, 18 & 20) 3.08± Acre Lots Cleared, Mostly Level & Ready to Build with Utilities Along the Street.

(Lot 19) 3.67± Acres with a Large Pond, Cleared, Mostly Level & Ready to Build with Utilities Along the Street.

INSPECTION: Drive by & View this Property Anytime ~ Contact Agent Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com for Gate Access ~ Auctioneers will be On-site at 10:00 a.m. for Inspection & Registration on Auction Day.

CLOSING COMPANY: Citizens Tile & Closing Company ~ Closing Agent: Lynn Tranum lynn@citizenstitle.net ~ 115 N. Spring Street, Searcy, AR 72143 ~ (501) 268-5571 ~ Fax/ 268-7378.

REAL ESTATE TAXES FOR YEAR 2024:

Lot 1 – $218.90

Lot 2 – $218.90

Lot 3 – $218.90

Lot 4 – $218.90

Lot 5 – $218.90

Lot 6 – $218.90 

Lot 8 – $218.90

Lot 9 – $218.90

Lot 10 – $218.90

Lot 11 – $218.90

Lot 14 – $265.06

Lot 15 – $267.06

Lot 16 – $218.90

Lot 17R – $218.90

Lot 18R – $218.90

Lot 19 – $218.90

Lot 20 – $218.90

SCHOOL DISTRICT: Searcy

TERMS: $10,000.00 (PER LOT), All in the Form of a Cashier’s Check made Payable to 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% Auction/ Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.