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Luxury Home Auction

Executive Residence on Beautiful 12-acre Gated Estate!


Behind the stone wall and iron gate, down the tree–lined drive, this private estate has it all. The 5BR home is loaded w/features including 3 fireplaces & 2 full kitchens. Gorgeous 12-acre setting includes ponds, outbuildings & gas well!

LIVE ON-SITE AUCTION
Began: 08/16/13 at 1:00 PM CDT
Location: 14680 S. Lakeshore Drive, Olathe, KS 66061
INSPECTION
Began: 07/28/13 at 2:00 PM CDT
Ended: 07/28/13 at 4:00 PM CDT
Location: 14680 S. Lakeshore Drive, Olathe, KS 66061

INSPECTION
Began: 08/04/13 at 2:00 PM CDT
Ended: 08/04/13 at 4:00 PM CDT
Location: 14680 S. Lakeshore Drive, Olathe, KS 66061

INSPECTION
Began: 08/11/13 at 2:00 PM CDT
Ended: 08/11/13 at 4:00 PM CDT
Location: 14680 S. Lakeshore Drive, Olathe, KS 66061


LUXURY HOME AUCTION

Executive Residence on Beautiful 12-acre Gated Estate!

Behind the stone wall and iron gate, down the tree-lined drive, this private estate has it all. The 5BR home is loaded with features including 3 fireplaces & 2 full kitchens. Gorgeous 12-acre setting includes ponds, outbuildings & gas well.

THE HOME

MAIN FLOOR…

ENTRY: Tile floor, 18′ high ceiling, heavy oak door with leaded glass inset and sidelights, transom window, 3-tier brass chandelier, opens to dining, great room, main stair.

DINING ROOM: Elegant library paneled wainscoting, box beam ceiling detail w/contrasting insets, crown molding, china cabinet recess flanked by fluted columns, 2-tier brass chandelier, triple windows look out to front lawn and pond, hardwood floor.

GREAT ROOM: 10′ box beam coffered ceiling, striking fireplace with library paneling and tiled surround, built-in audio visual control cabinet, surround sound, ceiling fan, triple arched windows, hardwood floor, opens to entry hall and kitchen.

KITCHEN: Corian counters with tile backsplash, counter/bar seats 6, desk nook w/glass front cabinet, paneled KitchenAid side-by-side refrigerator with ice/water dispensor, GE Monogram 5-burner gas cooktop w/pop-up ventilation, GE garbage compactor, dual sink w/Delta detachable faucet, GE Profile dishwasher, GE built in microwave, GE wall oven (gas), appliance garage, large pantry w/slide-out drawers, hardwood floor.

HEARTH ROOM/INFORMAL DINING: Vaulted ceiling with skylights, dual ceiling fans, fireplace with oak mantle and tile surround, wall of windows with slider to deck, hardwood floor.

DECK: Arbor style enclosure, wrought iron railings, GE Monogram gas grill. Accessed from hearth room.

MUD/LAUNDRY ROOM: Access from front hall or side entry, large sink, cabinets, vinyl floor.

GARAGE: 3-car w/varying door sizes (8×7, 9×7, 9×8), built in storage cabinets

OFFICE/LIBRARY*: Full wall of built-in cabinets, shelves & file drawers. French doors, cathedral ceiling w/box beam details & ceiling fan, large arched window overlooking front lawn and pond, wood blinds, plant ledge, hardwood floor.

MASTER BEDROOM*: 2-tier tray ceiling with crown molding and contrasting details, corner windows w/2″ slat blinds, sitting area, French doors to master bath, carpeted. Peaceful views.

MASTER BATH: Tile floor, jetted corner tub w/pull-out shower head and tile surround, tile shower w/glass enclosure, walk-in closet, plant ledge, corner windows w/2″ blinds, private toilet room w/pocket door. Dual vanities, one with makeup seating.

*Note: Hall to office and master bedroom can be closed by pocket door.

HALL BATH: Single vanity, low flow toilet, cabinets.

UPPER LEVEL…

LOFT OFFICE/BEDROOM 4: (Originally a bedroom. Could be closed in and returned to bedroom use.) Walk in closet, Hollywood bath w/bedroom 3, ceiling fan, open to entry hall, double window overlooking front of property.

BEDROOM 3: Ceiling fan/light, large tandem walk-in closets, built-in shelving, windows looking south, Hollywood bath w/bedroom 4.

BEDROOM 2: Built-in study nook w/shelving, walk in closet, private bath w/mable topped single vanity, tiled shower. Window looking south.

WALKOUT LOWER LEVEL…

FULL KITCHEN: Raised panel oak cabinets, tile backsplash, counter seating for 6, black GE smooth top range with Whirlpool microwave/hood, dual sink with views to the north side of property, tile floor.

INFORMAL DINING: Tile floor, French door to patio.

FAMILY ROOM: Brick fireplace (gas) w/curved hearth and heavy oak mantle, brass enclosure, carpeted.

BEDROOM 5: Large walk-in closet w/built-ins, 2 window pairs, sitting area.

BATHROOM: Single marble-topped vanity, tiled shower, tiled floor.

BONUS ROOM/HOBBY ROOM: Walk-in closet leads to safe room. (Could be non-conforming 6th bedroom.)

SAFE ROOM/STORM SHELTER: Concrete floor, walls & ceiling (carpet on floor & walls), heated/cooled, alarmed double entry with solid steel gate door.

UNFINISHED STORAGE AREA

THE OUTBUILDINGS

BUILDING 1: 40×60 (Heated/cooled; water)

SHOP AREAS: Main oversized bay w/12″ overhead door (13″ ceilings) and built in storage cabinets. Larger work area w/glass paneled 8″ overhead door. Epoxy floor. OFFICE AREAS: Front office w/walk-in closet. Second office w/built-in U-shaped desk, outside entrance, linen & utility closets. Kitchen w/double sink, built-in microwave, half bath, outside entrance. UPSTAIRS: Floored attic storage.

BUILDING 2: 32×50 (Heated; water)

Three overhead doors (18×10, 16×10, 16×10), walk-up attic (floored), utility bathroom, 2 pedestrian doors, epoxy floor.

ELEVATED PLAYHOUSE

LEAN-TO SHED

GAS WELL HOUSE

THE SETTING

  • 12 acres, partially treed
  • Partially fenced
  • 2 ponds (one with island)
  • 900’ asphalt tree-lined drive
  • Elegant gated front entry with stone walls
  • Next to Lake Olathe and Prairie Highlands golf course
  • Wildlife galore!

 

ADDITIONAL FEATURES

  • Approx. 5100 sf
  • Concrete tile roof
  • Stone & stucco exterior
  • Solid oak woodwork throughout
  • 3 fireplaces (gas)
  • Anderson vinyl clad windows
  • Central vac
  • Attic fan
  • Two 40 gallon hot water tanks
  • Zoned heating/cooling
  • Dual sump pumps
  • Video security surveillance system
  • Circular drive w/center waterfall feature
  • Private gas well
  • 1-year home warranty

THE SETTING

12 acres, partially treedPartially fenced2 ponds (one with island)900’ asphalt tree-lined driveElegant gated front entry with stone wallsNext to Lake Olathe and Prairie Highlands golf courseWildlife galore!

ADDITIONAL FEATURES

Concrete tile roofStone & stucco exteriorSolid oak woodwork throughout3 fireplaces (gas)Anderson vinyl clad windowsCentral vacAttic fanTwo 40 gallon hot water tanksZoned heating/coolingDual sump pumpsVideo security surveillance systemCircular drive w/center waterfall featurePrivate gas well1-year home warranty

AUCTIONEER’S NOTE

This is your chance to own your very own private retreat. Beyond the iron gates and stone entrance is a gorgeous 12-acre estate complete with picturesque ponds and wildlife, incredible outbuildings and a 5,100 square foot executive home. The sellers have decided to downsize and have chosen auction to speed up the selling process. See the opportunity for yourself and an upcoming open house event and then come bid your price!

YOUR OWN PRIVATE GAS WELL! A unique feature of this property is the private gas well which supplies gas to all the structures. Never pay a gas bill again!

NEW TO AUCTION?

4 Quick Tips:

1. Research the property and auction terms at www.CatesAuction.com. Be sure to download the “Property Information Package.”

2. Attend an open house event to tour the property and talk with auction representatives/agents.

3. Ask questions. Contact Chad Bender at 913-963-1979 or Chad@CatesAuction.com

4. Come prepared. You’ll need your driver’s license to bid and your earnest money deposit ready if you are the high bidder.

CAN’T WAIT FOR THE AUCTION?

Buy it now! All Cates properties are available for sale throughout the auction marketing period. To make a pre-auction offer on this wonderful home and acreage, contact Cates Auction or Chad Bender. We are happy to help!

AUCTION TERMS AND CONDITIONS:

REGISTRATION:

Registration will begin one hour before the auction. All bidders must provide name, address, phone number and a valid driver’s license. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions.

DOWN PAYMENT:

The successful bidder(s) shall be required to make a 5% down payment of the total purchase price at the auction site immediately following the close of bidding. Cash, cashier’s check or personal or business check will be accepted for the down payment.

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.

CONTRACT SIGNING:

The successful bidder(s) shall execute a purchase agreement at the auction site immediately following the close of bidding. All final bid prices are subject to Seller approval, unless announced otherwise.

CLOSING:

Buyer(s) shall close within 45 days of the auction date. Possession will be delivered 4 days following closing subject to any remaining rights of the current tenant(s).

EVIDENCE OF TITLE

Seller shall furnish at seller’s expense an Owner’s Policy of Title Insurance in the amount of the total purchase price and shall execute a general warranty deed conveying the real estate to the buyer(s).

REAL ESTATE TAXES & ASSESSMENTS:

2013 taxes are to be prorated as of the closing date.

EASEMENTS AND LEASES:

Sale of said property is subject to any and all easements of record and any and all leases.

AGENCY:

Cates Auction & Realty Co., Inc. and its representatives are Exclusive Agents of the Seller.

BUYER’S PREMIUM:

A buyer’s premium of ten percent (10%) shall be added to the high bid and included in the total purchase price to be paid by the successful bidder(s).

BROKER PARTICIPATION:

A commission will be paid to any properly licensed Broker who registers a successful buyer according to the appropriate Broker Participation Agreement. This form is available from the Auction Company and must be completed and returned no later than 48 hours prior to the auction.

DISCLAIMERS AND ABSENCE OF WARRANTIES

The information in the auction advertising was obtained from sources believed to be accurate, but is subject to verification by all parties relying on it. All sketches and dimensions are approximate. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All bidders are responsible for conducting their own inspections, investigations, inquiries and due diligence concerning the property. The property is being offered on an “AS IS”, “WHERE IS” basis and no warranty or representations, expressed or implied, is made by the Seller or the auction company. All announcements made by the Auctioneer during the auction take precedence over any previously printed material or any other oral statements made. All information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase agreement. Advertising may contain pictures of wildlife and other items that are for illustrative purposes only. The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller’s reserve (if applicable). The Property is available for and subject to sale prior to auction.

Video: Luxury Home Auction

I-35 to Old 56 Hwy, west to 151st St., right on 151st to Lakeshore Dr., right on Lakeshore to home.

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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!