Home And Acreage On Bull Shoals Lake Near Yellville - 40 Acres

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Auction Sale Price: $472,500.00

40 Acres / Marion County, AR

SELLS TO THE HIGHEST BIDDER AT AUCTION AT OR ABOVE $400,000.00

Once in a lifetime, a property comes along that you know is special. This gorgeous masterpiece on Bull Shoals Lake is that special opportunity! With custom craftsmanship from top to bottom, a gorgeous setting in the Ozark timber and numerous features you just can't duplicate… this stunning place is as unique as it gets. Located in the immaculate Webb's Landing Subdivision, members have access to the private Pine Mountain Airpark (6AR9), options for their own private hangar and an annual slip lease on the community boat dock. Fly in and land within ½ mile of your own lake oasis!

This 6BD/5BA Mickey Griffen Design is a true marvel. A massive stone fireplace sits amidst the grand room when you enter through the custom front entrance. Italian porcelain tile and vertical stand bamboo flooring line the entire main level. The kitchen is a true delight complete with double wall ovens, oversized custom island, hickory cabinets with pecan trim and built-in commercial refrigerator and freezer. The home has superb insulation and energy features with 5-zone heating/cooling, closed cell foam insulation, 2X6 exterior walls, passive solar heat design and two rocked wood burning fireplaces.

The master suite is massive and has an immaculate master bath with walk-in custom shower. The entire home is ADA compliant! There is a master study/library with custom shelving and room to spare. Off the grand room is a hickory lined wet bar with sink and plenty of entertainment area. Also, on the main level is the in-law suite. This suite is a full 3-bedroom, 2 bathrooms, living area, kitchen and dining.

Additionally, there is a second home for family or visiting friends! The lower level is loaded with storage, extra bedrooms, game room with pool table, kitchenette, work out room and a fully loaded custom theatre! A 4-door extra deep garage is also attached, providing plenty of space for your rides.

Located on the property is also a lovely 3-bedroom, 2-bathroom custom brick guest house! A 30X60 detached shop with concrete floor will prove to be useful for your hunting or recreational equipment. All this in a picturesque setting over Bull Shoals Lake. The gorgeous acreage is loaded with hardwoods, custom blacktop driveway and saturated with wildlife! This type of opportunity is extremely rare, and you don't want to pass this up.

Bidders may participate in the auction on site or online at AuctionNetwork.com
On site bidders should bring a government issued ID
All properties and or any improvements thereon are sold “AS IS, WHERE IS” with no financing, inspection or other contingencies to sale. Final acreage totals are contingent on a survey
This sale is subject to a 5% buyer’s premium
Announcements on the day of the sale shall take precedence over any prior advertisements
Each high bidder will sign a contract and must make a non-refundable deposit of 10% of the total purchase price ($5,000 minimum) immediately following auction - cash, cashier’s checks, personal checks and business checks (electronically processed) are accepted - the balance of the purchase price and all closing costs are due at closing within 30 days
The property is sold free and clear of all taxes and installments of assessments for prior years but taxes and installments of assessments for the current year on the basis of the actual assessment shall be apportioned as of the scheduled date for the closing of title
All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgment
Possession at closing, subject to tenant’s rights, if any
Open Public Inspections: 101 Rivendell, Yellville, AR, fly-in and open house, July 7 and 14, 1-4pm; all other showings by appointment only
SELLS TO THE HIGHEST BIDDER AT AUCTION AT OR ABOVE $400,000.00
Located on Bull Shoals Lake
Community boat dock with option for private slip
Private landing strip with option for private hangar
60 minutes to Mountain Home, AR
30 minutes to the famous White River
1 hour from Buffalo National River
Custom masterfully crafted 10,125 sq. ft. 6 bed, 5 bath home
3 bed, 2 bath 1951 sq. ft. guest home and shop on site
Blacktop drive and trails
Home complete with in-law/guest quarters
Fully custom home theatre
Extremely private and quiet

Auction Documents

Details

Wild Game
- Small Game
- Big Game
  - Whitetail
- Other Game
  - Wild Turkey
Fish
- Catfish
- Bass
- Panfish
Waterfront
- Lake(3+ acres)
- Frontage
  - Lake
Roads
- Road Frontage
  - Country Road
- Road Access
  - Pavement
  - Gravel
Tillable / Production Areas
- Hardwood Trees
Housing
- Home
- Guest Quarters
Improvements
- Recreational Improvements
  - Trail Network
  - Boat Ramp
- Building Improvements
  - Shop
Utilities
- Solar
- Electric
- Propane
- Water
- Septic
- Internet
- Cable
- Telephone
Area Features
- Public Hunting
- Boat Ramp
- Public Fishing
- Public Access Area
- Marina
- RV Park
- Camping / Campground
- Golf Course
- Airport
Activities on Property
- Hunting
- Fishing
- Hiking
- Boating
- ATV Riding
- Horseback Riding
- Camping
- Family Activities
- Biking
Minerals
- Seller's Mineral Rights Convey

Real Estate Auction Terms and Conditions

Terms Of Sale

Thank you for participating in this auction. Please familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!

Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read the terms and conditions. By bidding you are representing that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card or paddle number and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. The broker and Auction Company represent the seller only and do not inspect properties on bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quitclaim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are prorated through the day of closing as is customary. Or in abstract states, the seller shall provide a continuation of the abstract of title thru the date of sale for the buyer or buyers attorney to examine.

The sale of this property may be subject to a Buyer's Premium, which will be added to the high bid and included in the total purchase price. Please see the Auction Day Notes, The Contract for Sale, and/or the Auctioneer for specifics about the property you wish to bid on.

Tracts sold by the acre - The contract will indicate the current acreage , bid per acre and the high bid will be the current acreage multiplied by the high bid per acre. If a survey is required prior to closing that results in a change to acreage, the contract will be adjusted to that acreage prior to closing and purchase price will reflect that change in acreage.

If a survey is required, it is typically done immediately following the auction. The per acre bid at auction will then be multiplied by actual surveyed acres to determine final sales price at closing. The purchase agreement and sales day announcements will identify the party responsible for survey cost.

Each high bidder must sign a purchase agreement and make a 10% non-refundable deposit immediately following auction to the Title Company or escrow agent noted on the Purchase Agreement. Cash, wire transfers, cashier's checks, personal checks and business checks (electronically processed) are accepted. For online only auctions, wire transfers are the preferred method for deposits. Wire instructions will be sent with the Purchase Agreement thru DocuSign. The balance of the purchase price and all closing costs are due within 30 days.

Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or reschedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding happens quickly. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

For online only sales, click the “Bid Now” button to enter your bid. Be sure to create an account and sign in early so you do not miss the opportunity to bid. You can also enter a maximum bid to allow for bids to be increased by the noted increments up to your high bid. If you cannot log in, feel free to call (217)-922-0811 to reach customer service to register and bid by phone.

Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.

All auctions are subject to court or seller approval unless otherwise noted as “Absolute”. Most sales are approved within 2 business days. Buyers are not allowed possession until Closing and filing of the deed, at which time the property should be re-keyed if required. If for any reason the court or Seller approval is not granted, the Down Payment shall be returned in its entirety to the high bidder. "Showing" requests from Buyers after the auction may not be able to be accommodated.

If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

Ranch & Farms Auctions, LLC, Whitetail Properties Real Estate, LLC and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of any and all disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.

The information contained within is believed to be accurate but seller and Auction Company do not warrant any information contained within the description. All lines on maps are approximate and buyers should verify the information. All sale day announcements will take precedence over any prior advertising or announcements.

LEGAL DESCRIPTIONS AND ACREAGE FIGURES:
All stated Measurements including but not limited to acreage, sq footage, map dimensions, and/or sketches are stated for marketing purpose only unless it is stated that the measurements are verified by an independent surveyor or other source. All measurements shall be assumed to be approximate or more or less and obtained from sources to be considered reliable such as; government tax records, mapping software, assessors office records or FSA maps. Legal descriptions may be subject to existing fence/field boundaries. No warranty is expressed or implied as to exact acreages of property. The purchase price based on these measurements entered on the purchase agreement is final unless buyer and seller have agreed otherwise in writing prior to signing. If exact acreage or square footage is a concern, the Property should be independently measured.

Broker Participation

Buyers Agents who register a winning bidder at this auction may receive a Buyer Broker Participation Fee. Please call for more details. Be advised, not all auctions offer a Buyer Broker Participation Fee.

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