Name: 481.01 Acres Highway25E Bean StationTN 37708

Auctioneer: United Country Clinch Mountain Realty and Auction

Auction Type: Online Auction Only

Dates: 4/1/2024 Bidding set to end 5/03/2024 7:00 PM EST Soft Close Auction

Preview Dates 4/01/2024- 5/03/2024

Closing Date: The Winning Bidder will receive an email from Joey Haun with all the information.

Location: Online Only Auction

Bean Station, TN 37708

Buyer's Premium: 10% and 1% Internet Fee added to Bid Price

Property Details

• Parcel Number: Map 032 Part of Parcels 042.00

• Property Address: 481.01 Acres Highway 25E Bean Station TN 37708

• County: Grainger

• State: Tennessee

• Lot Size: 481.01 Acres

• Zoning:  Agriculture 

Title: East TN Mountain Haven: Wildlife, Timber, Subdividable, Near Cherokee Lake - Auction

Nestled in the heart of East Tennessee, amidst the verdant embrace of Grainger County, lies a hidden gem that whispers tales of untouched beauty and wild splendor. This vast expanse of 481 acres, known as the Kingswood property, is a sanctuary where nature's artistry is on full display. It is a place where the gentle murmur of creeks and the melodious symphony of mountain springs create a serene harmony.

The land, primarily mountainous and adorned with scattered hardwood timber, offers a panoramic tableau that captivates the soul. It is an unspoiled canvas, where the south-facing slopes of Clinch Mountain bask in the sun's golden glow, offering breathtaking vistas that stretch as far as the eye can see. The property's four thousand feet of road frontage provides a welcoming gateway into a world where the rhythms of nature dictate the passage of time.

This property is a haven teeming with wildlife for the avid hunter and nature enthusiast. Whitetail deer, turkey, bear, and an array of small game find refuge among the dense foliage and secluded nooks, making it an ideal locale for those who seek a connection with the wild. The land's untouched purity ensures that every encounter with its inhabitants is a testament to the enduring allure of the natural world.

Located in the Bean Station area, near the tranquil waters of Cherokee Lake, the Kingswood property is not just a retreat for those seeking solitude and peace. It is also a land brimming with potential. The ability to be subdivided into home sites offers an opportunity for individuals to create their own sanctuary, where the harmony of nature and the comfort of home intertwine.

The necessity for well and septic systems speaks to the land's untouched nature, offering a chance to live in harmony with the environment. The availability of fibernet in the area ensures that connectivity and modern conveniences are within reach, providing the best of both worlds.

This majestic property is ushered into a new chapter through an online auction from April 1, 2024, through May 3, 2024, with a soft close at 7:00 PM EST. It invites visionaries, dreamers, and nature lovers to become a part of its unfolding story. The auction, a gateway to owning a piece of Tennessee's hidden paradise, offers a once-in-a-lifetime opportunity to claim a stake in a land where the whispers of the earth and the breeze's caress speak of timeless beauty and unbridled freedom.

The Kingswood property is not just a parcel of land; it is a legacy, a testament to the enduring charm of East Tennessee's landscapes, and an invitation to embark on a journey where the beauty of the natural world becomes a backdrop to life's most cherished moments. In this secluded haven, one can find a connection to the earth, a sense of belonging, and a peace that transcends the hustle and bustle of the modern world.

 Location: Latitude 36.3646, Latitude -83.3471

 Driving Directions: Near 5472 Highway 25E Bean Station, TN 37708

 481.01 Acres Highway 25E Bean Station TN 37708, Map 032 Part of Parcel 042.00, 481.01 Acres Highway 25E Bean Station TN 37708 Grainger County Tennessee, being part of the Kingswood Home for Children Property

Homeowner Association Fee 0.00

2024 Yearly Property Taxes are TBD.  Kingswood Home for Children is a tax-exempt organization.

This Property is Being Sold from the Murrell Weems survey # 285, dated April 18, 2007, tract 1, 481.01 +/- Acres

 FL# 5167

TERMS & CONDITIONS

Buyers Premium: 11%  will be added to the bid price, whichever is the highest amount.

Payment Options: Check and Wire Transfer Payment Instructions: United Country Clinch Mountain Realty & Auction LLC Bidders Agreement:

 I (Buyer) agreed to enter into a contract if declared high bidder by the auctioneer on the 481.01 Acres Highway 25E Bean Station Tennessee 37708, in Grainger County, TN, an Internet Only Auction.

 I agree that I have read and fully understand the Terms and Conditions of this auction. Terms & Conditions 1) Auction - Bidding ends May 03, 2024, at 7:00 p.m. EST. (This will be a soft Auction)

2) Buyer’s Premium – 11%  will be added to the final bid price to arrive at the contract sale price.

 3) The winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. A signed contract copy must be received by United Country Clinch Mountain Realty & Auction on or before 12:00 NOON, Tuesday, May 07, 2024, hand-delivered, faxed or scanned, and emailed). This is an Undisclosed Reserve  Auction 

 4) 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Bidding is not contingent upon financing. The balance of the purchase price will be due at closing.

5) Closing shall be on or before 5:00 p.m.,  June 07, 2024.

6) Possession will be given at closing, subject to the remaining rights of the current tenant, if any.

 7) Seller shall pay 2023 and all prior year real estate taxes. 2024 real estate taxes will be Prorated to the day of closing.

8) Under no circumstances shall Bidder have any kind of claim against United Country Clinch Mountain Realty & Auction, or anyone else if the Internet service fails to work correctly before or during the auction.

9) The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As-Is, Where-Is" with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding.

United Country Clinch Mountain Realty and Auction are agents for the Sellers.

 Currency Type: Cashier Check or Wire Transfer

US Preview Date & Times: 4/01/2024-5/03/2024

Please contact the auction company for preview dates & times. Checkout Date & Times: Please contact the auction company for checkout dates & times.

  Location: Latitude 36.3646, Latitude -83.3471

 Driving Directions:  Near 5472 Highway 25E Bean Station, TN 37708

481.01 Acres Highway 25E Bean Station TN 37708, Map 032 Part of Parcel 042.00, 481.01 Acres Highway 25E Bean Station TN 37708 Grainger County Tennessee, being part of the Kingswood Home for Children Property

Homeowner Association Fee 0.00

2024 Yearly Property Taxes are TBD. Kingswood Home for Children is a tax-exempt organization.

This Property is Being Sold from the Murrell Weems survey # 285, dated April 18, 2007, tract 1, 481.01 +/- Acres

 FL# 5167