kansas-city-auction-company

LAKE GALLERY AUCTION

Luxury Lakefront Home AUCTION EVENT!


With original list prices ranging from $1.2 – 3.7 million, these stunning homes are truly the best of the best.  Each one is unique and offers quality construction, the finest materials, and beautiful details. Great locations with spectaculiar views. 

LIVE ON-SITE AUCTION
Began: 07/18/09 at 12:01 AM CDT
Location: Lake of the Ozarks, MO
INSPECTION
Began: 06/27/09 at 12:00 PM CDT
Ended: 06/27/09 at 2:00 PM CDT
Location: Lake of the Ozarks, MO

INSPECTION
Began: 06/27/09 at 12:00 PM CDT
Ended: 06/27/09 at 2:00 PM CDT
Location: Lake of the Ozarks, MO

INSPECTION
Began: 07/04/09 at 12:00 PM CDT
Ended: 07/04/09 at 2:00 PM CDT
Location: Lake of the Ozarks, MO

INSPECTION
Began: 07/05/09 at 12:00 PM CDT
Ended: 07/05/09 at 2:00 PM CDT
Location: Lake of the Ozarks, MO

INSPECTION
Began: 07/05/09 at 12:00 PM CDT
Ended: 07/05/09 at 2:00 PM CDT
Location: Lake of the Ozarks, MO

INSPECTION
Began: 07/11/09 at 12:00 PM CDT
Ended: 07/11/09 at 2:00 PM CDT
Location: Lake of the Ozarks, MO


On July 18th, each of these remarkable homes will be sold via public auction.  To qualify for this event the homes have to be the finest craftsmanship, unique in design, and originally listed in excess of $1 million. These sellers are rightfully proud of their homes, but no longer wish to retain the properties and have chosen auction to expedite the sale.  All the properties will be open for viewing at Open House Events.  Bidding will be available live on-site, live online, and live in Kansas City. Qualifying pre-auction offers will also be considered.

 

PROPERTY DETAILS:  Each property has a full listing on this website with extensive details, pictures, and documentation.  Click “Upcoming Auctions” in the upper left portion of this screen and then select the property you would like to explore.  (Be sure to check out all 4!)

 

 

PROPERTY PICTURES:  In addition to complete galleries within each lising (see instructions above) you can also see additional picture from this page by scrolling up and clicking “Photo Galleries”. 

 

 

PROPERTY ADDRESS LIST

 

255 Waterford Terrace, Porto Cima, MO 65079

Auction at 10:00AM

 

SOLD PRIOR TO AUCTION!

864 Eagle Drive, Four Seasons, MO 65049

Auction at 1:00PM

 

350 Via Cresta Drive, Porto Cima, MO 65079

Auction at 4:00PM

 

86 Woodhaven Lane, Villages, MO 65079

Auction at 7:00PM

 

 

THE LAKE OF THE OZARKS

Recognized for its year-round beauty and miles of privately owned shoreline, Lake of the Ozarks is known as the Midwest’s premier lake resort destination.  It offers world-class boating, fishing, shopping, and dining opportunities.  Top notch golf courses, parks, and other recreational activities add to its universal appeal. 

 

AUCTIONEER’S NOTE

We are very pleased to be offering these outstanding lakefront homes at public auction. The more we learned about each home, the more impressed we were with the design, amenities, and craftsmanship. They are truly some of the best homes available at the Lake of the Ozarks. There’s no better time to buy than now and there’s no better opportunity than this auction! Join us on July 18th if you want to be the fortunate new owner of one of these remarkable properties.

 

Brokers/Agents – Bring your buyers and earn your commission. Call or visit website for details.

 

In proud cooperation with RE/MAX Lake of the Ozarks.

 

For updates, join our email list.  Notifications will also be posted real time on Twitter and Facebook.

TERMS AND CONDITIONS:
All information contained in this and other advertisements was obtained from sources believed to be accurate. However, no warranty or guarantee, expressed or implied, is intended or made. All buyers must independently investigate and confirm any information or assumptions on which any bid is based. This property is offered for sale to qualified buyers without regard to prospective buyer’s race, color, religion, sex, marital status or national origin. All announcements made at the auction take precedence over any other information or printed matter. Neither the auction company nor the seller makes or has made any representation or warranty with respect to the accuracy, correctness, or completeness of the information, the contents or meaning of the information, or the valuation of the real estate and shall not be held liable. Any decision to purchase or not to purchase the real estate is the sole and independent business decision of the potential buyer. No recourse or cause of action will lie against any of the above-mentioned parties should buyer become dissatisfied with its decision, whatever it may be, at a later date.

CONTRACTS:
The successful bidder must sign all documents and contracts immediately upon conclusion of the auction.

EARNEST MONEY DEPOSIT:

A 5% non-refundable earnest money deposit shall be required of the successful bidder immediately following the auction.

BUYER’S PREMIUM:

A buyer’s premium of  percent (6%) shall be added to the successful bidder’s high bid and included in the total purchase price to be paid by the successful bidder.

REAL ESTATE CLOSING:

Buyers must close within 30 days of the auction date. Time is of the essence. The entire purchase price must be paid by cashiers or certified check, or wired funds at closing. Upon payment in full of the purchase price, the buyer shall be entitled to a general warranty deed for said property.

REAL ESTATE BROKERS:

A commission of 3% calculated on the successful buyer’s high bid, shall be paid (where allowed by law) to the qualified broker who is duly licensed in Missouri, whose properly registered client is the successful bidder at the auction, and whose client pays for and settles on the property by the closing date. A broker shall not be entitled to any commission on account of any sale to entity of which (or of any affiliate of which) the broker is a principal, employee or affiliate, or immediate family member. Brokers must register their prospective clients on the appropriate form by contacting Cates Auction & Realty, Co. The form must be submitted via fax (816) 781-1135 no later than 48 hours prior to the auction date. For Saturday, Sunday, or Monday auctions, the form must be received in our office, no later than 12:00 Noon on Friday prior to the auction date. If a legal entity is the Client, the principals must be disclosed.

AGENCY:

The Auctioneer is acting as agent on behalf of the seller only. During bidding, the Auctioneer has the right to reject any raise that, in his opinion, is not commensurate with the value of the offering. In the event of any dispute between bidders, the Auctioneer’s decision is final. Should there be any dispute after the sale, Cates Auction & Realty, Co.’s record of final sale shall be conclusive.

RIGHTS:

All announcements made the day of sale take precedence over any prior written or verbal terms of sale. If any conditions contained here-in are not complied with by the successful buyer, Cates Auction & Realty, Co. may, in addition to asserting all remedies available by law, including the right to hold defaulting buyer liable for the purchase price, either (a) cancel the sale, retaining as liquidated damages any payment made by such buyer; (b) resell the property without reserve at public auction; or (c) take such other action as it deems necessary or appropriate. The retention of the bidder’s deposit shall not limit any rights or remedies of Cates Auction & Realty, Co., or the seller(s) with respect to the buyer’s default. If the property is resold, the original defaulting buyer shall be liable for payment of any deficiency in the purchase price and all costs and expenses, the expenses of both sales, reasonable attorney’s fees, commissions, incidental damages, and all other charges due hereunder.

AUCTION REGISTRATION:
Registration will begin one hour before the sale. To register, a prospective bidder must provide name, residence address, phone number, fax number, social security number, and a valid driver’s license. By registering, a prospective bidder is acknowledging that he or she has read and agrees to be bound by the Terms and Conditions of Sale.

REAL ESTATE SALE CONTRACT:

The successful bidder shall execute a Real Estate Sale Contract (RE Contract) immediately after being declared the winning bidder by the Auctioneer. Upon execution by the Seller, the RE Contract will supersede all printed material and will serve as the governing document for sale of the property. The RE Contract contains an acknowledgment that the purchaser has inspected the property prior to the auction, is relying solely on his/her inspection of the property in making the decision to purchase, and is purchasing the property ‘as is, where is” with all faults and without reliance on any warranty of any kind whatsoever. No changes in the Terms and Conditions of the RE Contract will be permitted. A sample RE Contract is included in the Property Information Package available at www.CatesAuction.com and at auction registration.

FINANCING:

Financing is not a contingency of sale in this offering. Therefore, it is strongly recommended that potential bidders ensure in advance that they are able to obtain the necessary financing to close the transaction. If purchaser cannot obtain financing on the property because he/she cannot fulfill terms or does not qualify, then purchaser must either close for cash within the contractual period or forfeit his/her earnest money deposit.

TAXES:

Taxes are to be prorated between Purchaser & Seller as of the closing date.

Click on any image to view larger.

255 Waterford Terrace, Porto Cima, MO 65079 350 Via Cresta Drive, Porto Cima, MO 65079 86 Woodhaven, Villages, MO 65079

Click on any image to view larger.

View from the water Dining Room with view to entry Dining Room Hearth Room Master Bedroom - unbelievable views!
Master Bathroom with TV in the mirror! 5- head shower - master bath Upper Deck Incredible views from mutiple rooms and decks Kitchen detail
Breakfast Bar Kitchen detail Part of screened porch Lower level living room Kitchen
View from kitchen to hearth room Dining Room Wake up to this! Master Tub View from street
Hearth room
Entrance Street view View from upper deck View from upper deck Main level kitchen access to deck
Main level deck View from main deck

Click on any image to view larger.

View from the water Stone barrel vaulted entry View from Great Room to Breakfast Room Breakfast Bar Dining Room
Lower Level Family Room Lower Level Family Room and Entertaining Bar Home Theater Partial View of Kitchen View from the water
Kitchen Island Breakfast Room Main Entry View from the dock
View from the road Stairs leading up from Lower Level

Click on any image to view larger.

Click on any image to view larger.

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AuctionServices
We are Kansas City's oldest and most experienced real estate auction company specializing in accelerated real estate sales in Missouri and Kansas, including Overland Park, Lenexa, Shawnee, Leawood, Kansas City, Lee's Summit, Olathe, Blue Springs, Independence, Liberty, Kearney, Parkville, Smithville, Gladstone, Clay County, Platte County, Jackson County, Johnson County, Wyandotte County, Leavenworth County, Cass County, Lake of the Ozarks, Lake Ozark, Sunrise Beach, Osage Beach, Four Seasons, Shawnee Bend, Miller County, Camden County, and around the Midwest. Kansas City auctioneers with regional expertise!