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AUCTION ID #: 427467 Bookmark and Share
Poconos LAKEFRONT Community near New York - NO RESERVE
Item 427467  
Winning Bid: USD $1,000
Number of Bids: 22
Winner: mzikayise ndlovu
Reserve: No Reserve!
Status: Sold
Auction Started: 10-27-09    08:00 AM ET
Auction Closed: 11-05-09    10:03 PM ET
Asset Details
Seller Information
Seller Name: gspz
Rating: Seller Rating - 5 (3)
Location: Lot 276 Evergreen
Hawley, PA    18428
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Bid Increment: $50
Shipping Cost: $250.00
Minimum Bid: $1
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
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Asset was Sold
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Item Specifics
 
Land Properties  
  Address Lot 276 Evergreen
Hawley, PA 18428
United States
  County Pike
  Legal Description 009.03-05-81
  Zoning residential
  Water central

Asset Description
LAKEFRONT COMMUNITY!
Lot 276, Section 7 - Evergreen and Spruce, Fawn Lake Forest.  0.697 acre property in gated luxury community, approx. 70 miles west of New York City


This large 0.697 acres (30,400 square feet) lot is zoned "single family residential" and it's free and clear of any municipal, mortgage or tax liens.

This is a beautiful neighborhood with very nice large homes nearby. Fawn Lake Forest is a private gated community in the Pocono Mountains, with central water and other amenities like indoor and outdoor pool, tennis courts, boat docks, etc.. Motorboats are allowed. Fawn Lake Forest has an excellent location close to the historic town of Hawley, and it's just a short drive to some of the Poconos' biggest attractions like Bushkill Waterfalls and the Mount Airy Casino Resort.




APPROXIMATE PROPERTY SIZE:
0.697 acres (30,400 square feet)

ADDRESS: Lot
276, Section 7

TAX MAP NUMBER:
009.03-05-81

ZONING: Residential,
Single Family Homes only

COMMUNITY DUES: 
approx. $900 per year
UTILITIES:
electric, phone, cable TV, central water

AMENITIES:
2 lakes, indoor & outdoor pools, tennis, etc.

DEED RESTRICTIONS:
No mobile homes allowed.



 

A look at the property located on Evergreen and Spruce.

A look at the community...

There is boating and swimming at the lake along with a beautiful picnic area.


The community beach


The indoor pool and gym.


The outdoor pool.

The tennis courts.



A typical new home in Fawn Lake Forest.






Our job is to liquidate real estate and turn hard assets into cash quickly, that's why we offer land far below market. Here's your chance to own a beautiful piece of land at wholesale prices, instead of paying steep premiums through a realtor. Don't let this opportunity pass you by.

The Pocono Mountains are a popular tourist destination near New York City and Philadelphia. The Poconos are one of the most beautiful areas in the eastern United States, offering many crystal clear lakes to go swimming in the summer, ski resorts for winter fun, honeymoon resorts, golf courses, and the same amazingly colorful autumn foliage that has made Indian Summer in New England world famous.

Fawn Lake Forest is just a short drive from many of the Pocono's tourist attractions:

Delaware Water Gap national recreation area
Bushkill Waterfalls
Mount Airy Casino Resort
Monticello Casino and Racetrack (NY)
Caesars Pocono Resorts
Fernwood Resort
PocMont Resort
Great Wolf Lodge Indoor Waterpark
Camelbeach Waterpark
Camelback Ski Resort
Jack Frost & Big Boulder resorts
Dozens of world-class Golf courses
The Crossings outlet mall
Pocono Raceway (NASCAR)
Lake Wallenpaupack (the largest Motor Boat lake in PA besides Lake Erie!)

The Delaware river separates Pennsylvania from New Jersey and New York, so someone who lives in Fawn Lake Forest is pretty much just as close to New York City as commuters who live in New York State or Connecticut.

The Pocono region lays on the edge of the greater New York City metropolitan area and is by far the fastest growing area in PA. Pike County, is growing faster than any other county in the greater New York City area, including New York, New Jersey, Connecticut and Pennsylvania! In fact, a few short months ago, Pike County was on place 85 of the top 100 fastest growing counties in America. (The United States has 3,086 counties.) But recently Pike County jumped from place 85 up to place 72 in the top 100! This area is booming!

Another reason why the Pocono region is going to continue to grow rapidly is the Wall Street West project. Many Wall Street banks and financial companies are planning to move backup offices into the Poconos, which is not part of the same power grid as New York City. In the event of a major blackout or terror attack, the backup offices in the Poconos will assure that the companies can continue to function. This project will bring over 1,300 very high paying Wall Street jobs to the Poconos and property prices are expected to rise dramatically.

While America's population grows and urban sprawl spills out over the landscape, those fortunate enough to own land on the edges of metropolitan areas like New York City can realize huge profits from their land ownership by selling once they are overtaken by the relentless urban expansion.

There is a limited amount of land in America, but not a fixed amount of people to live on and use it. The net population of the United States increases by 1 person every 10 seconds. That means every day this country grows by 8640 people - but not by one additional inch of land. In just the 10 short days that this property is up for auction, 86,400 people will add themselves to our swelling ranks, and every single one will occupy additional space from the existing, unchanging amount available.


Auction terms:

You are bidding on the full purchase price of the property, not just a down payment.

There will be a $250 shipping/documentation fee in addition to the winning bid, which covers deed preparation, deed recording and the real estate transfer tax required by PA law.

After I receive your payment I will have the new deed prepared and recorded in your name. I will bring the deed to the recorder of deed's office to have it recorded for you. I will send you a photocopy of the deed along with a receipt from the recorder of deed's office as proof for your records. After about 3 to 4 weeks you will receive the original deed straight from the recorder of deed's office.

This is a binding auction. Serious bidders only. Do not bid unless you are able and willing to follow through on your bid. Non-paying bidders will be reported. Please e-mail any questions BEFORE the end of the auction. Seller will not answer questions about the property after the auction closes. Seller reserves the right to end the auction early if a reasonable offer is made. Buyer will be responsible for this year's community dues and any backdues there may be. Buyer must do his own due diligence BEFORE placing a bid, not after. Although the information about this property is believed to be accurate, its accuracy or completeness cannot be guaranteed. You are encouraged to go see the lot in person. Property to be sold as is, where is. Sale is final.

Additional Details
For more information about this asset including photos, specs and more (when available), click here.


Bid4Assets Real Estate Buyer Responsibilities

Bid4Assets reminds all potential bidders on real estate that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to, a) a satisfactory inspection of the property, and b) the satisfactory completion of a title search.

By placing a bid, you acknowledge that any statements made by the seller pertaining to the condition or market value of the property are subjective, and do not release you from your responsibility to perform a due diligence review.

Settlement Requirements
  • This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction). This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.
  • Certified/Cashier's Check
  • Wire Transfer
  • Money Order
  •