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Lake Home Auction: 4 Bedroom Home in Village of Four Seasons | Lake of the Ozarks, MO

Spacious Lakefront Home with Cove Setting and Chanel Views for Sale at Online Auction! (MM 11)


Enjoy the Four Seasons lifestyle on Palisades Drive. Open 4BR/3BA plan w/multiple indoor and and outdoor living options. All new regraded driveway w/additional parking pad. New septic. Permitted for 3-well dock. Online bidding ends 4/10.

ONLINE BIDDING ONLY
Began: 02/22/19 at 12:30 PM CST
Ends: 04/10/19 at 12:30 PM CST

OPEN HOUSE: SATURDAYS, MARCH 23RD & 30TH; 10:00AM-12:00PM

724 Palisades Drive, Village of Four Seasons, MO  65049

Lake Home Auction: 4 Bedroom Home in Village of Four Seasons | Lake of the Ozarks, MO

Spacious Lakefront Home with Cove Setting and Channel Views for Sale at Online Auction! (MM 11)

Enjoy the Four Seasons lifestyle on Palisades Drive. Open 4BR/3BA plan w/multiple indoor and outdoor living options. All new regraded driveway, retaining walls & additional parking pad. New septic and more! Permitted for 3-well dock. Online bidding ends 4/10.

FAST FACTS & FEATURES

  • 4 bedrooms / 3 baths
  • Approximately 2,510 sq. ft.
  • 2-car garage + 4 additional parking spaces
  • Solid wood 6-panel doors
  • Walls of lakeside windows on both levels
  • New expanded driveway with French drain plus new reconfigured retaining wall and parking pad ($38,365)
  • New septic ($11,730)
  • Upgraded outdoor electric including dock electric ($1,800)
  • 1,000+ sf of lakeside decks newly reinforced to code ($3,000)
  • Lower level joist replacement ($17,800)
  • Built in 1991
  • 11 MM (Osage)
  • 67 ft of lakefront+/- (concrete seawall)
  • Permitted for 3-well dock (new electric)
  • Quiet deep-water cove setting with channel views
  • 1-year home warranty included
  • Open houses: March 23rd & 30th; 10:00-12:00
  • Online bidding ends: April 10th (Move in before Memorial Day!)
  • Assessment = $593/yr
  • 2017 taxes = $2,302

AUCTIONEER’S NOTE

The seller of this home has invested more than $70,000 to take care of the big ticket items (driveway, retaining walls, joist replacements, deck reinforcements, exterior electric, septic, etc.) so all that’s needed now is your interior touches. There’s no better opportunity to join the Four Seasons lifestyle than this auction. Check it out, bid, and celebrate Memorial Day in your new lake home!

PROPERTY DETAILS —

MAIN LEVEL

The open-plan main level features high ceilings, living areas, kitchen, two bedrooms, and double garage. Walls of lakeside windows flood the spaces with natural light and offer sweeping views, plus 3 slider doors to the expansive deck.

KITCHEN: Open to the great room, the airy kitchen has Corian countertops, oak raised panel cabinetry, counter seating for 3+. Triple window over the sink plus a wall of lakeview windows with slider door to deck. Cathedral ceiling with fan. Appliances include Frigidaire side-by-side refrigerator w/dispensers, Maytag dishwasher, and Frigidaire smooth top range/oven combo with built-in Whirlpool microwave. Direct garage access. 18×18 tile floor.

GREAT ROOM: The center piece of the main floor, the Great Room is anchored by a floor-to-ceiling off-white dry mosaic stone wood-burning fireplace with round hearth and unique split cedar log mantel. Wall of windows with wide lake views and slider door to deck. Open to the kitchen, entry, stairs (w/replacement windows), and bedrooms. Cathedral ceiling with box beams and fan. Coat closet. 18×18 tile floor. 

MASTER BEDROOM: Floor-to-ceiling lakeview windows on south and west walls with treed privacy plus slider door access to deck. Cathedral ceiling with lighted fan. Carpet.

MASTER BATHROOM: Wide vanity with dual cultured marble sinks, walk-in closet, newer tiled floor and shower. Ceiling fan.

BEDROOM 2: Double windows to the north (replaced), dual-door closet, center fan, carpet.

HALL BATH: Single vanity, tiled tub/shower combo with radial window, tile floor.

DECK: 46×11. Huge south-facing lakeside deck runs the full width of the house with slider door access from the kitchen, great room, and master bedroom, plus garage access. Awesome channel views!

GARAGE: 2-car attached garage with door lift. Extensive storage cabinetry, workbench, extra fridge/freezer. Pedestrian door to deck.

LOWER LEVEL

The light-filled lower level adds spaces for living/entertaining, two bedrooms, full bath, laundry & storage, plus walls of lakeside windows and a full-width covered deck.

FAMILY ROOM & GAME ROOM: Two flexible living spaces that feature a full wet-bar with wine storage, wood-burning fireplace with rustic mantel, ceiling fan, walls of lakeview windows with slider door to lower deck. Berber-style carpet.

BEDROOM 3: Large windows and slider door (new) to deck, lighted ceiling fan, double closet, carpet.

BEDROOM 4: Large lakeview windows and slider door access to deck, lighted ceiling fan, double closet, carpet.  HVAC access.

HALL BATH: Wide double vanity with cultured marble top. Private shower & toilet room. Tiled floor.

LAUNDRY ROOM & UTILITY ROOM: Spacious work/storage area with shelving and Amana Heavy Duty washer and dryer set.  Access to additional large utility storage room.

DECK: Lower lakeside deck is covered and runs the full width of the house. Slider door access from family room, bedroom 3 & bedroom 4. Stairs to upper deck and back yard. Great lake views!

EXTERIOR

STREETSIDE (north):

  • Covered front entry
  • 2-car attached garage
  • New re-engineered and regraded concrete driveway
  • New concrete retaining wall
  • New street-level parking deck for 2 cars
  • Street-level parallel parking for 2 additional cars
  • French drains (in-driveway, downspouts)

LAKESIDE (south):

  • Two 500sf decks run the width of the house providing amazing views and multiple outdoor living options. (Decks recently upgraded with reinforcements and new footings to meet current code.)
  • Additional delightful waters-edge deck with integrated bench seating and planters. Cleverly built around a tree!
  • 67 ft concrete seawall
  • Boardwalk to waters-edge deck and dock connection point
  • Low maintenance gravel yard
  • New dock and outdoor electrical to meet current code
  • Previously home to 3-well dock (conveniently protected from wake by neighbors’ docks!) Currently permitted.
  • Wooded common area to the east

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 The Village of Four Seasons…

Situated along the shores of the Lake of the Ozarks, the Village of Four Seasons has long been recognized as one of the Lake’s premier living areas. In addition to stunning lakefront homes and gorgeous views, the Village offers owners pools, parks & gardens, inland lakes, boat launches, hiking & biking routes, and a swim & tennis club. What’s more, the Lake’s best shopping, dining, and entertainment are just minutes away!

Directions…

From MM or from 54, take Horseshoe Bend Pkwy/HH (stay on Horseshoe Bend) to Sweetwater Dr., left on Sweetwater and immediate left on Palisades Drive to 724 on right.

 

“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 eight percent (8%) 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        =          $  4,000  (8% of 50,000)

                                    Total purchase price    =          $54,000

 

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 the end of the auction 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 the auction concludes. 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 5% of the total purchase price.  This deposit must be paid by wire transfer (or by certified funds), by close of business the day that the bidder is 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 30 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:

2019 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.

 

 

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 Auction: 4 Bedroom Home in Village of Four Seasons

From MM or from 54, take Horseshoe Bend Pkwy/HH (stay on Horseshoe Bend) to Sweetwater Dr., left on Sweetwater and immediate left on Palisades Drive to 724 on right. 

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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!