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GONE! Lake Home Online Auction: 4+ Bedroom Lakefront Home & Dock | Lake of the Ozarks, MO

Lake living at its best — Spacious home on gorgeous lakefront lot for sale at online auction! Never before offered. (MM46)


Plenty of space for living and entertaining with 4+ bedrooms, 5 baths, great room, family room, sun room w/wet bar & bonus rooms. Huge deck with lower patios. 2-well dock with lifts, swim platform and PWC floats. Online bidding ends 7/27!

ONLINE BIDDING ONLY
Began: 06/16/17 at 3:00 PM CDT
Ended: 07/27/17 at 3:00 PM CDT

OPEN HOUSE: SATURDAYS, 7/1 & 7/15; 10:00AM-12:00PM

285 Riverside Drive, Climax Springs, MO  65324

 

Lake living at its best — Spacious home on gorgeous lakefront lot for sale at online auction! Never before offered. (MM46)

Plenty of space for living and entertaining with 4+ bedrooms, 5 baths, great room, family room, sun room w/wet bar & bonus rooms. Huge deck with lower patios. 2-well dock with lifts, swim platform and PWC floats. Online bidding ends 7/27!

MAIN LEVEL

A striking floor-to-ceiling corner fireplace anchors the main floor which brings together rustic exposed wood, cathedral ceilings, and tremendous views of the lake. Kitchen & dining plus three large bedrooms and three baths provide true main level living. A wrap around deck takes full advantage of the picturesque site.

ENTRY: Front door with sidelights, cedar paneling, center fixture, coat closet, tile floor. Opens to great room.

KITCHEN: Oversized lake-view window over sink. Bar seating for two. Maytag dishwasher, GE oven/range, newer SS Frigidaire built-in microwave, Kenmore refrigerator/freezer with ice maker. Medium oak cabinetry. Cathedral ceiling with lighted ceiling fan. Tile floor. Opens to great room.

INFORMAL DINING AREA: 5-light center fixture, lakeside views. Between kitchen and great room. Tile floor. Walks out to upper deck.

GREAT ROOM: Dramatic 2-story cathedral ceiling with corner floor-to-ceiling stone and cedar wood-burning fireplace. Double height windows with 2-inch blinds give expansive lake views in two directions. Cedar-paneled accent wall. Berber carpet. Ceiling fan.

MASTER BEDROOM: Windows on two walls with gorgeous lake views, cathedral ceiling with lighted fan, cedar-paneled accent wall, two walk-in closets, deck access, Berber carpet.

MASTER BATH: Double-door entry, cathedral ceiling, double vanity, oval corner bathtub, corner shower, linen closet, arched window. 

BEDROOM 2: 13×15 (Second master suite) Double door entry, cathedral beam ceiling, two double closets, large window, Berber carpet.

EN SUITE BATH: Single vanity with make-up seating, shower, two windows, linen closet.

BEDROOM 3: 13×11 Cathedral beam ceiling, large window, double closet, Berber carpet.

HALL BATH: Single vanity, bathtub, tile floor.

GARAGE: 2-car with power double door, shelving and storage space, and walk-up attic. Windows on two walls.

LOWER LEVEL

The lower level adds a variety of flexible spaces and living areas with a lakeside family room, light-filled sunroom with full wet bar, and more bedrooms/bonus rooms and bathrooms, plus a large walk-out patio.

FAMILY ROOM: Two walls of lakeside windows with 2-inch blinds, corner entertainment niche (also equipped for fireplace), exposed beam and cedar-paneled accent wall, Berber carpet.

SUNROOM: Two walls of window with panoramic main channel views. Lighted ceiling fan, tile floor, second utility room, French doors to patio.

FULL WET BAR: Sink, refrigerator/freezer, counter seating for two. Off sunroom.

BATHROOM: Single vanity, corner shower, tile floor.

BEDROOM 4: 9×12 Tall lakeside window, closet, Berber carpet.

NON-CONFORMING BEDROOM 5: (16×13) Large flex space currently used as bedroom. Would also make great hobby room, office, play room, etc. Walk-in closet w/cedar panels, Berber carpet.

BATHROOM: Single vanity, shower, tile floor.

LAUNDRY/WORK ROOM: Shelving, cabinets, work area with pegboard wall, utilities.

EXTERIOR

STREETSIDE: Large circle drive with landscaped island plus driveway to 2-car garage provides plenty of parking.

LAKESIDE: Multiple living, dining and entertainment options! Expansive wrap-around deck with panoramic lake view, accessed from great room, master bedroom, and driveway. (Flooring boards replaced 2017.) Lower level walk-out patios accessed from sunroom and driveway. Walkway to dock includes lakeside patio perfect for sipping drinks or enjoying a fire pit.

DOCK: 28×40 two-well covered dock with large swim platform, two PWC platform lifts, cabinets, newer concrete pad ramp and encapsulated foam. Slips are each 10×24

FAST FACTS

  • 4+ bedrooms
  • 5 bathrooms
  • 2-car garage
  • 2-well dock w/lifts & swim platform
  • Built 1983; Expanded 1998
  • Fantastic main channel views
  • Zoned HVAC (Main side replace 7/13)
  • Extensive decks and patios. (Deck flooring replaced 2017)
  • Some windows replaced 2017
  • Roof replaced 2008
  • Exterior painted 2013
  • .409 acres with 90’ shoreline seawall
  • 3,362 sf (per tax records)
  • 46 MM
  • Development: Sunset Shores
  • Open houses: Saturdays, July 1 & 15; 10:00-12:00
  • Online bidding ends: July 27th

 

AUCTIONEER’S NOTE

After lovingly enjoying this wonderful lakeside home since it was built, the family has decided it is time to allow a new chapter to begin. They carefully maintained the home and expanded it over the years and this is the first time it has ever been available for sale. There is no better opportunity than this to acquire a spacious lakefront home on the Lake of the Ozarks. Log on and bid your price!

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

About Sunset Shores… Off Highway 7 in the northwest quadrant of the Lake, Sunset Shores features paved roads, spacious lake-front lots with well-maintained homes and wonderful mature trees. Here the Lake’s calm waters stretch half a mile between shores. This home is perfectly situated for maximum enjoyment of the lake lifestyle, plus it offers easy access to all the Lake’s amenities (on the water and off), without all the noise and congestion. Just relax!

Select Contents Included: The seller is including some essential furnishings and contents. Most items that are not included in the sale are marked.

In proud cooperation with Pinnacle Real Estate Partners, Mark Beeler 

 

 

NEW TO AUCTION?
4 Quick Tips:
1. Research the property and auction terms on this website. Be sure to download the “Property Information Package.”
2. Attend an open house event to tour the property and talk with auction representatives.
3. Ask questions. Call 816-781-1134 or email Sold@CatesAuction.com. We’re happy to help!
4. Online bidding requires advance registration and valid credit card.

Per the published auction terms, this property is available for sale prior to the auction. To qualify, all pre-auction offers must meet all auction terms and be submitted on the provided Cates Real Estate Sale Contract along with the required deposit. All qualifying offers will be presented to the Seller for a timely response. Please contact our office for assistance if needed.

 

Disclosure: This property is under continuous video surveillance.

 

 

“ONLINE ONLY” REAL ESTATE BIDDING

AUCTION TERMS AND CONDITIONS

 

REGISTRATION:

Proper and complete online registration is required to bid. All bidders must provide name, address, phone number, and email address to register. A credit card (MC, Visa or Discover) is required to actually place a bid on the property. The credit card will be validated before bidding access is granted, but is not a recognized form of payment of the deposit or purchase price. Should a Winning Bidder fail to complete the contract signing process, the required deposit will be charged to the credit card provided at registration. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions. Bidders may register prior to, or during the bidding period. At registration bidders are given the option of receiving emails confirming their individual bids and/or when they are outbid.

BIDDING ONLINE:

All bidding in this auction is being conducted online. (If you need assistance placing a bid or prefer to submit a bid in person, please call our office for assistance. 816-781-1134) To place a bid, bidders enter their “maximum” bid and click the “Place Bid” button. Each time that bidder is outbid by another bidder, the system will automatically bid on their behalf at the established bid increments up to their maximum. In the case of an auction with a reserve, if the max bid amount entered is less than the reserve, the system will place the bid at the max amount. Once the system displays that the reserve has been met, then it will advance the bid (by the bid increments) only when the bidder is outbid by another bidder, up to the bidders max. The Auctioneer does not know any bidder’s maximum bid.  The system will not advance a bidder’s own bid. Online-only auctions utilize the “Soft Close” feature that automatically extends the bidding time if a bid is received in the last 2 minutes of the published bidding period. The extensions will continue until 2 minutes have lapsed without any bidding activity, at which time the auction is concluded.

BUYER’S PREMIUM:

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

Sample calculation —   High bid                      =          $50,000

                                    Buyer’s Premium        =          $  5,000  (10% of 50,000)

                                    Total purchase price    =          $55,000

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:

At the conclusion of the auction the Winning Bidder will receive an email confirming his or her winning bid status. In this or a subsequent email the Winning Bidder will receive a link to sign all documents electronically along with wiring instructions for submitting the required earnest money deposit to the named title company.

The Auctioneer or his representative will contact the Winning Bidder the following morning to address any questions concerning the required process. Should the electronic processes described above be unavailable, alternative arrangements will be made. In any event, the contract signing and deposit payment process must be completed by close of business on the day following the auction conclusion. A Winning Bidder whose documents and deposit are not received within the required timeframe is subject to paying a liquidated damages amount equal to the down payment (charged to the credit card used at registration) and will not be allowed to bid in any future Cates Auction & Realty auction events. Note that property-specific purchase documents are available prior to the auction end date and any professional reviews of such documents should be undertaken PRIOR to bidding. All final bids are subject to Seller’s reserve, unless advertised otherwise. Any property with a high bid exceeding the Seller’s reserve will be declared “sold” by the Auctioneer. In instances where the seller’s reserve was not met in the auction, the signed contract and accompanying deposit will be presented to the Seller for approval, which shall be given or denied in the Seller’s sole discretion within 5 business days. If approval is denied, all documents and the deposit will be returned immediately.

DOWN PAYMENT (DEPOSIT):

The Winning Bidder shall be required to make an earnest money down payment equal to 10% of the total purchase price. This deposit must be paid by wire transfer (or by certified funds), by close of business the day following the bidder being declared the Winning Bidder. Winning Bidders whose documents and deposit are not received within the required timeframe are subject to paying a liquidated damages amount equal to the down payment (charged to the credit card used at registration) and will not be allowed to bid in any future Cates Auction & Realty auction events.

CLOSING:

The Winning Bidder shall close within 45 days of the auction date, unless stated differently in the Purchase Agreement.

EVIDENCE OF TITLE:

Seller shall furnish at seller’s expense evidence of title insurability. Cost for the purchase of the title insurance policy is the responsibility of the buyer.

REAL ESTATE TAXES & ASSESSMENTS:

2017 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.

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 end date.

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 information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase agreement.  The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller’s reserve (if applicable). This property is available for and subject to sale prior to auction.

PRE-AUCTION SALES:

As agents for the Seller, the Auctioneer has a fiduciary obligation to present any and all offers to the Seller. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all auction terms and be submitted to the Auctioneer on the Real Estate Sale Contract along with the required deposit. Properly submitted offers will be presented to the Seller, who may accept or reject such offer in their sole and absolute discretion.

We hope you enjoy bidding in the online auction!

Video: Lake Home Online Auction

MO-Hwy 7 to Lake Road 7-13 (aka Bollinger Creek), north approximately 6 miles to the Sunset Shores entrance. First right onto Riverside Drive to property on left.

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