SOLD PRIOR TO AUCTION! 75+ ac and Montana Style Mansion
End of the Rainbow property in 7 tracts
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Public Auction of 75.53+/- Acres of Prime Land on Burlingame Road in West Little Rock and a 14,000+/- SQ.FT. MONTANA STYLE LOG HOME—The home is unlike anything in this part of the world!
The Wizard of Oz himself designed and built this estate! Ask about this! For info on the last listing on the property including details of the home, pictures, etc. click here: http://www.cbrpm.com/property/property.asp?PRM_MLSNumber=10214632&PRM_MlsName=CARMLS&VAR_AgentCode=3668&VAR_OfficeCode=14578
Property will be sold in 7 tracts ranging from 5 to 24 acres(included with home) or as a whole—PICK ONE OR MORE OR ALL!
Property is 4.5 miles from Chenal Parkway in West Little Rock in the most sought after area of Pulaski County—Turn off Chenal Parkway on Kanis Road, turn left on Stewart Road, then turn right on Burlingame Road
Rolling Hills, lakes, Yellow Brick Road Estates has everything you’d want for the lifestyle of your dreams!
Bidding will begin ONLINE ON NOVEMBER 1, 2011 AT 12 NOON AND WILL CONCLUDE AT A PUBLIC OUTCRY AUCTION ON NOVEMBER 29, 2011 AT 100 Yellow Brick Road, Little Rock, Arkansas
PREVIOUSLY LISTED AT $4,250,000—NOMINAL BIDDING BEGINS AT $2000 PER ACRE ON LAND TRACTS AND $700,000 ON 14,000 SQ.FT. HOME AND 24+ ACRES!!! Here is a list of the tracts:
Tract 1--5.25+/- ac
Tract 2--5.05+/- ac
Tract 3--10.66+/- ac
Tract 4--10.07+/- ac
Tract 5--24.39+/- ac--includes home
Tract 6--10.05+/- ac
Tract 7--10.05+/- ac--Under "Documents" Download the Survey for Tracts 1 and 2, Preliminary Plat for Tracts 1-7, and Bill of Assurance. Tracts 3-7 will be added to Bill of Assurance shortly. Take a look at the protections that have been put in to preserve your Investment!
PRE-AUCTION OFFERS WELCOME ANYTIME AND JUST MIGHT BE ACCEPTED! Contact Johnny Mitchum at 501-940-3231 or jmitchum@RpmMitchumAuctions.com
Terms and Conditions
DAY OF AUCTION DEPOSIT
ONLINE BIDDING REGISTRATION AND REQUIREMENTS
All ONLINE bidders must be pre-registered and are required to have a deposit in the LENDERS TITLE ESCROW ACCOUNT in the amount of $5,000 for bidding on land tracts and $50,000 for bidding on the home. This deposit can be accomplished by wire transfer or bank cashier check. If you are the successful bidder on any parcel, you will have 48 hours to raise your deposit to 10% of your bid. Failure to comply with these rules subject you to losing your deposit.
CONTRACT OF PURCHASE
The entire Purchase Price less the day of auction deposit must be paid by cashier’s check or other certified funds. Buyer's auction deposit is non-refundable if buyer does not close.
OPPORTUNITY FOR BUYER'S AGENT FEES
All properties are selling subject to Seller Confirmation. The Auctioneer reserves the right to bid on behalf of seller up to predetermined minimum amounts set by the seller before or during the auction. Nominal Opening Bids are to facilitate opening of the auction and are NOT published reserves.
GROUPING AND RE-GROUPING
The auctioneer reserves the right to group and re-group all tracts being offered in order to maximize value for the seller.
All property being sold is subject to the Bill of Assurance of Yellow Brick Road Estates Subdivision.
All Offerings are subject to prior sale.
Property is 4.5 miles from Chenal Parkway in West Little Rock in the most sought after area of Pulaski County—Turn off Chenal Parkway on Kanis Road, turn left on Stewart Road, then turn right on Burlingame Road property will be on your left, Or you can take the SCENIC ROUTE—Stay on Kanis till you get to Walnut Grove (you’ll pass Event 1 property on your left), turn left on Walnut Grove till you get to Burlingame, then turn left, property will be on your right. YOU HAVE ARRIVED AT YELLOW BRICK ROAD ESTATES AND YOUR END OF RAINBOW EXPERIENCE!
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