SATURDAY, MAY 26th 10 A.M. (CDT)
Waterfront Real Estate Auction
Coosa Cove Estates
5 Waterfront Building Lots on beautiful WEISS LAKE in the Bay Springs Community with underground electricity, county water, and paved road.
Selling on location at County Road 514, Centre, AL
We are privileged to offer at public auction Tracts 4, 5, 6, 7 and 8 of Coosa Cove Estates in the Bay Springs Community of Centre, AL.
Tract 4 contains 1.55 +/- acres
Tract 5 contains 2.04 +/- acres
Tract 6 contains 2.79 +/- acres
Tract 7 contains 1.40 +/- acres
Tract 8 contains 1.40 +/- acres
Coosa Cove Estates is a residential waterfront development restricted to site built homes only containing a minimum of 1,800 square feet of heated area. No mobile or modular homes are allowed on the tracts. Underground utilities include electricity and public water.
All tracts are on good water with easy access to the water.
These beautiful waterfront tracts are mainly open with nice wooded areas near the waterfront. The tracts have level terrain from the road to the water.
Coosa Cove Estates rests on the banks of beautiful Weiss Lake which consists of 30,200 acres and is fed by the Coosa River, Chattooga River and Little River. Weiss Lake offers over 447 miles of shoreline with shallow flats, large coves, under-water drop offs and deep channels. It is considered "The Crappie Capital of the World". Coosa Cove Estates is nestled in the quiet countryside of northeast Alabama, and centrally located in the ABC Triangle of Atlanta, Birmingham and Chattanooga. Coosa Cove Estates is only 5 minutes from Centre, AL, 25 minutes from Gadsden, AL and 35 minutes from Rome, GA.
Cherokee County, Alabama is a great place to live, work, and play!
This is YOUR opportunity to own some very nice waterfront lots on Weiss Lake.
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Things to know for this auction:
Auction Site: On location at County Road 514, Centre, AL 35960
Directions to Auction Site: From Centre at the intersection of Hwy 9 and Hwy 68 Bypass (CVS Pharmacy), take Hwy 68 Bypass West 1.5 miles to County Road 61 (Jack's Restaurant) and turn right, go 6/10 of a mile and County Road 61 turns left, go 1 mile to County Road 26 intersection, go across intersection remaining on County Road 61 for 1/10 of a mile to County Road 514 and turn left. Property begins 2/10 of a mile on the left. Auction signs are posted.
From Leesburg at the intersection of US Hwy 411 and Hwy 68 Bypass (Red light), take US Hwy 411 toward Centre 1.8 miles to County Road 26 (Fairview Church) and turn left, go 1.5 miles to County Road 61 and turn left, go 1/10 of a mile to County Road 514 and turn left. Property begins 2/10 of a mile on the left. Auction signs are posted.
Preview: You may preview the property at any time.
Registration: Registration begins 1 hour prior to auction start time. All interested persons must register to bid prior to bidding.
Terms: There is a 5 % Buyer’s Premium on the Real Estate that will be added to Purchaser’s bid to arrive at the final bid price. A fifteen percent (15%) deposit is due on day of auction for the Real Estate. The deposit will be held in escrow until closing. Balance due at closing. Closing will be held on or before June 26th, 2018. This sale is not contingent on a potential buyer’s ability to obtain financing.
All property is being sold "AS IS" without any warranties, guarantees, or promises.
Restrictions: Any dwelling must have a minimum of 1,800 SQ FT of heated area exclusive of open porches, garages and basements. For a complete list of all covenants, restrictions, limitations and conditions contact our office.
Shoreline development on any lot must obtain approval by the Alabama Power Shoreline Management office.
Concessions: Free BBQ will be served at this auction.
ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY ORAL, PRINTED, or PUBLISHED INFORMATION.