STEVENSVILLE, Md. (MO.Properties) – Rawlings Auction, Appraisal & Realty, LLC (http://www.rawlingsauctionservice.com/) announces the public real estate auction of a Kent Island 6+ acre CHESAPEAKE BAY FRONT HOME W/PRIVATE BEACH and gated entrance. Auction to be held June 6, 2020 at 1pm sharp, according to Steve Rawlings, Real Estate Auctioneer.
“This property is a MUST SEE, one because of location whereby you can view the Bay Bridge from your private beach, and two because it would not only be an excellent primary or secondary residence but would also be an amazing location for special events,” said Rawlings.
Located at 300 Bay View Lane, Stevensville, MD 21666, this 4 BD, 2 1/2 BA waterfront house sits on 6.04 acres with a private gated road and private beach. The interior of the home offers an open floor plan with stainless steel appl. & granite counter tops, separate DR & LR, breakfast nook, wood floors & exposed beam ceilings. There is a wood burning FP & wood stove. The upper level offers a sitting area, 3 bedrooms all with exposed beam ceilings, wood floors & 2 full baths, one w/ a double sink & jacuzzi tub. The large third level loft has a separate BR & sitting area with views of the water. There is a new HVAC and materials for building a 3 car carport. This house is on well and septic with central A/C and forced air heat.
The property will be open Saturday May 23, 12pm to 1pm & June 6, 12pm to 1pm. The property is also lock boxed for agent showing. In addition to the live onsite auction, phone bidding is an option if unable to attend. Licensed Inspections are allowable pre-auction at the buyer expense.
Terms and Conditions for the auction are the property is being sold As IS, no negotiations or contingencies. The buyer will pay all closing costs and a 6% Buyer’s Premium in addition to their high bid. Settlement must occur within 45 days of the auction. Buyers are welcome to finance this property as long as the settlement period is adhered too. A $10,000 non-refundable deposit will be due by the winner bidder in cash or certified funds the day of the auction.
If bidding by phone, you must register 48 hours in advance by calling our office. The required deposit amount for the winning bidder is $10,000.00. We will require a $5,000.00 hold on a credit card for phone bidding. If you are the winning bidder, the $5,000.00 will be charged immediately and the remaining $5,000.00 will be due within 24 hours of the auction or you will forfeit the $5000.00 originally placed. Contracts will be emailed to you and must be returned within 24 hours as well.
Agent representation is allowable but not required. Agents share in commission earned.
For more information and complete terms and conditions you may contact Rawlings Auction, Appraisal & Realty, LLC directly at (301)473-5796 or view the website rawlingsauctionservice.com under “Upcoming Auctions.”