Absolute Auction! 
545 Bailey Drive & Hueston Wood Lane, Speedwell, TN 37870
Saturday, October 10th at 10:30 a.m.

Find yourself in another world, away from the hustle and bustle of city life at this gorgeous Chalet Home in Speedwell with 9,110 sq. ft. and three levels of living. Each level has beautiful details with tile, hardwood and carpeted floors - log/wood/stone trims, walls and ceilings - brass and silver fixtures - and incredible views of Norris Lake and Appalachian Mountains. The home has 5 bedrooms, 5 full baths and 2 half baths. Multiple living areas including a family room, den, great room, game room and loft sitting area. It will be awe-inspiring when you step outside on the multi-level decks and patio to see those views and enjoy the hot tub! 

545 Bailey Drive

+/- 9,110 sq. ft.

5 Bedrooms, 5 Full Baths, 2 Half Baths

Built in 1987

Total County Taxes: $3,182.51

Lot Size: 10.00 acres

Parcel no.: 079 077.00

If you're wanting to create your own paradise, make this lake lot your own! You'll be even closer to the adventures awaiting you on Norris Lake. 

Hueston Wood Lane

Total County Taxes: $139.30

Lot Size: 50x100

0.10 acres

Parcel no.: 079 O A 013.00

Directions:

From Knoxville: Take I-75 North to exit 134 Jacksboro/La Follette/Caryville. Merge onto TN-63 toward Jacksboro/La Follette/Cove Lake State Park. Turn right on Mercury Drive. Left on Old Middlesboro Hwy. Right on Flat Hollow Road. Right at Flat Hollow Marina. Veer right at sign and travel 0.6 miles thru trailer drop. Right on Hueston Wood Lane. Right on Bailey Drive on gravel road at red gate.

1. To bid on our property, you must be of legal age to enter into contract to purchase real estate (18 in most states, 21 in others). If you're in doubt about the legal age to enter into contract in your state, please consult with competent legal counsel before bidding.
2. While auction is "active", all bids can be placed online or offline (OFFLINE BIDDER MEANS BIDDER SUPPLIED BID IN PERSON WITH AUCTIONEER.
3. Winning bid is subject to seller approval prior to live auction.
4. A 10% buyer’s premium will be added to the final bid price to arrive at the total contract purchase price paid by the buyer(s).
5. Buyers Agent commission of 2% is being offered.
6. All bids are placed in US Dollars.
7. If you are outbid by another bidder, you will receive an email notice so you can return and increase your bid if you so desire.
8. As the auction nears the ending time it will auto-extend until bidding is silent for 2 minutes.
9. If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
10. The high bidder will be notified via email after the auction ends however, not necessarily the winning bid if we are going to live auction the next day. If you are out bid in the live auction you can increase via phone or absentee.
11. Seller reserves the right to postpone or cancel this auction at any time for any reason.
12. Sale is “as-is”, "where-is". Seller will not fix anything.
13. Within 1 day of auction close, winning bidder will be asked to obtain loan pre-approval or show proof of funds and sign a Purchase & Sale Agreement at the winning bid amount and based on the terms described here.
14. Closing will take place at seller's title company, Foothills Title in Knoxville, TN within 20 days of signing the contract.
15. When contract is signed, winning bidder will pay 10% nonrefundable down payment to be held at Keller Williams Realty / Pozy Auctions.
16. The down payment may be paid in personal check, business check and/or cash.
17. Winning bidder may, at their option and expense order a title examination and insurance.
18. Seller will include the following personal property in the sale: None
19. Please note: The online bidders will need to be present the day of the sale. We do not have service on the premises. If you are the highest bidder online this does not necessarily mean you are the highest bidder because of the onsite auction being conducted the day of the sale. AUCTIONEER’S AUTHORITY: The auctioneer shall make the sole and final decision as to the winning high bid amount. Acceptance by the online bidding platform does not necessarily constitute an accepted bid by the auctioneer. Please call with any additional questions.
20. Seller will exclude the following real property from the sale: None

F#5581