Approximately 9.4 Acre Parcel & Home on Bluff Overlooking Lake Michigan with 200′ of Private Beach
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Suggested Opening Bid: $450,000
Buyer’s Premium: 5%
Cooperating Broker’s Commission: 2%
Lot Size: Approx. 9.4 Acres
Home Size: Approx. 5,513 SF
Elevator: All 4 Levels
Walkout Lower Level: Partial
Garage: 2 Car; Attached
2015 Taxes: $24,515.00
PIN #: 11-12-0020-0014-01-2
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.
**3 STEPS REQUIRED TO REVIEW PROPERTY PACKET DOCUMENTS: 1) REGISTER ON OUR WEBSITE; 2) GO TO THE DOCUMENTS TAB, CLICK ON THE DOCUMENT TO VIEW & ACCEPT THE CONFIDENTIALITY AGREEMENT TERMS BY ENTERING YOUR PASSWORD; 3) DOWNLOAD THE DOCUMENT
Review Packet Includes: Engineering report; Contract & Addendum; MDEQ Authorization & Permit; Army Corp. Authorization; Progress Draw Invoices; MDEQ Permit Update
HOW TO SUBMIT YOUR SEALED BID:
Your sealed bid must contain the following terms:
- Amount Offered: $
- Total Purchase Price (Amount Offered Plus 5% Buyer Premium = Total Purchase Price): $
- Whether Your Offer is Cash (Yes/No):
- The Name of the Person(s) or Entity Making the Offer:
- The Name of the Broker, Brokerage Company and Michigan License# of Broker Representing the Buyer (IF ANY):
- The Proposed Closing Date (December, 2017 Date is Preferred):
- Whether Your Offer Includes Any Contingencies (No Contingencies is Preferred):
For your bid to be considered, you must submit proof of funds along with the sealed bid. Note that proof of funds must be in the same name as the person(s) or entity making the offer.
**Note: The deed provided at closing on this property will be a special warranty deed. 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 #6505291590; Dana Cox, License #6501307780
To review the documents for this property, please follow these 3 simple steps:
- Register on our website or log in with your existing account.
- Go to the Documents tab, click a document that you wish to review, and accept the confidentiality agreement terms by entering your password.
- You may now download the document.
Total Bids Placed:
Auction has expiredAuction Expired because there were no bids
|Auction started||August 2, 2018 12:00 am CDT|
Bidding Starts: August 2, 2018 12:00 am CDT
Bidding Ends: August 2, 2018 1:00 pm CDT
Location: 5226 Pine Lane Path, Stevensville, MI, 49127
How to Submit Pre-Auction Bid
Click on the Pre-Auction Offer Form button on the property page and submit your bid with proof of funds.
How to Register & Bid Online
Register: If you do not have an account on this website, click the “Sign-Up” button above and complete the brief registration form. We will then send you an email with a verification link that you must click in order to create a new account.
Important: You must be pre-approved to bid online. Follow these instructions to get approved to bid online:
BID APPROVAL PROCESS:
Review all information and due dilligence documents posted on the property listing on our website.
Read the Terms and Conditions and Purchase and Sale Agreement posted on the property listing on our website.
Wire or overnight the certified funds required to bid on the property (for amount required see Terms and Conditions).
Click the “Register to Bid” button.
You will receive an email notifying you that you have been approved to bid on the property.
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There is a 6% Buyer's Premium in effect for this auction.
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