Our Upcoming Auctions

Gorgeous Lake Front Home - Lake Lanier, Georgia

Enjoy wonderful lake views from all three levels in this one-of-a-kind property on Lake Lanier. With Deep water, and 2 docks this property is ready for you to enjoy the water. This three level home features 5 Bedrooms, 3 Bathrooms, Theatre Room, Open Office Space, 2 Car Garage, UTV Garage, Hot Tub, Spacious Kitchen with Island. The North Georgia real estate market is hot, and Lake Property like this is hard to come by. Bid your price at auction and begin your dream of owning Lake Front Property today!

Gorgeous Lake Front Home
Lake Lanier, Georgia

Home and Large 1.84+/- Acre Lot


Property Address: 5276 Laurel Lane, Gainesville, Georgia 30506

Auction Date: Thursday, May 20, 2021

Property Inspection: “Call for inspection instructions”

Property will be available for multiple open house viewings:
Saturday, April 24, 2021, from 1 PM - 5 PM
Saturday, May 8, 2021, from 1 PM - 5 PM
Monday, May 17, 2021 from 2 PM - 6 PM

County: Hall

Assessor’s Parcel Numbers: Hall County – 10141 000040

Important Selling Features:
  • 3 Levels – All with Excellent Views
  • 5 Bed Room / 3 Bath
  • Expansive Porch
  • Bonus Room / Theatre (Lower Level)
  • Open Office Space (Upper Level)
  • 2 Car Garage with Additional Work Space
  • ATV/Utility Garage
  • Fireplace
  • Hot Tub
  • 2 Docks
  • Concrete Drive
  • Stainless Steel Appliances
  • Approx 4,250 Sq Ft – Living Space
  • Additional 1,280 Sq Ft Garage Space
This Property checks all the boxes! Browse and bid today

Detailed Property Description:
Enjoy wonderful lake views from all three levels in this one-of-a-kind property on Lake Lanier. With Deep water, and 2 docks this property is ready for you to enjoy the water. This three level home features 5 Bedrooms, 3 Bathrooms, Theatre Room, Open Office Space, 2 Car Garage, UTV Garage, Hot Tub, Spacious Kitchen with Island. The North Georgia real estate market is hot, and Lake Property like this is hard to come by. Bid your price at auction and begin your dream of owning Lake Front Property today!

Property Taxes: 2020: $5,582.66
GPS Coordinates: 34°22'51.9"N 83°49'16.6"W
Google Map Link:

Driving Directions:

From I-985 N, take exit 24 onto US 129-N. Continue on US-129 N. Turn right onto US-129 N (Limestone Parkway). Turn left onto Jim Hood Rd. Continue straight onto Highland Rd. Turn left onto Laurel Ln. Watch for Auction Signs!


For More Information Contact:

Mark Manley
Weeks Auction Group
(229) 891-1377
Mark@Bidweeks.com

Ethan Vick
Weeks Auction Group
(229) 225-8660
Ethan@Bidweeks.com


 

Online Only Auction Real Estate Bidding Terms and Conditions

Please Read the following terms carefully.  By registering for this auction, you acknowledge that you have read and understood all terms and conditions herein and set forth within the supporting documentation described in the terms and that you have inspected the property or had the opportunity to do so.

 

If you do not agree to these terms, please DO NOT bid!

 

The property will be offered for sale through Weeks Auction Group Online Bidding Platform. 

 

Bidder Registration and Verification:   

For verification purposes, a credit card is required in order to register for this auction.  Upon registering, an authorization charge of $1,000.00 will be charged against the credit card used for registration.  This authorization is not a permanent charge placed on your card, it is only a pre-authorization used to verify identity of our bidders and the availability of funds on the credit card used for registration.  Please be advised that WAG has no control over the length of time the verification charge remains on your card, that is at the sole discretion of your credit card company.  Also, please be aware that registering for multiple auctions could incur multiple verification charges; and in some instances, multiple verification charges may result in a fraud alert being sent to the card holder.  WAG reserves the right to reject or accept bidder registrations at its sole discretion.  

 

Terms of Sale:

At the close of the auction, successful bidders will be emailed a contract package.  Included in the contract package will be the purchase contract as well as instructions for submitting your earnest money deposit.  The required earnest money deposit required is stipulated in the Contract for Sale.

 

Bid Increments: 

 

The Bid Increments will be as follows: 

 

Amount Up to:

Bid Increments

$10,000

$500

$50,000

$1,000

$100,000

$2,000

$250,000

$5,000

$500,000

$7,500

$500,000+

$10,000

WAG reserves the right to adjust bid increments as needed. 

 

Scheduled Auction End Times:   

The Auction is scheduled to end at the published end time, subject to auto-extend bidding.  Each time a bid is placed with the clock showing less than 10 minutes, the clock will reset to 10 minutes.  In the event the auto-extend time needs to be reduced, WAG reserves the right to adjust the auto-extend, as needed. 

 

Buyer’s Premium:   

A 10% Buyer’s Premium will be added to the bid price for each property to determine the final contract price. For example, if your final bid price is $100,000, 10% ($10,000) will be added, resulting in a total contract price of $110,000. 

 

Contract for Sale: 

This property is offered under the specific terms provided in the Contract for Sale.  The Contract for Sale is available for review at www.WeeksAuctionGroup.com.  Please fully read and review the Contract for Sale prior to bidding.  If you have any question or concerns to anything included in the Contract for Sale, please contact WAG prior to bidding.  Please do not bid prior to reviewing the Contract for Sale Document. 

 

As Is, Where Is: 

All property is selling “As-Is, Where Is” with all faults.  It is the buyer’s responsibility to conduct any and all inspections and perform all acts of due diligence deemed necessary before bidding.  Placing a bid will be considered as acceptance of the property in it’s as-is condition. 

 

Bidder Default: 

In the event a winning bidder fails to submit the signed Contract for Sale and/or earnest money deposit as specified in the terms, the winning bidder will be charged an administrative fee of $2,500.00 on the credit card provided at registration.  All administrative fees are non-refundable. 

 

Bid Cancellation:  Weeks Auction Group, Inc. reserves the right to remove or cancel the bids and bidding privileges of the party at any time that bids or bidding is deemed to not be in the best interest of the seller.

 

Earnest Money Deposit:   

Upon the close of the auction, successful high bidders will be required to submit the required earnest money deposit as stipulated in the Contract for Sale.  The successful bidder, will have 24 hours to send the earnest money in the form of Wire Transfer or Cashier’s Check. 

 

Real Estate Closing:  

With timing being of the essence, each contract will be a cash contract, not contingent or subject to financing, appraisal, or survey, as described in the Contract for Sale.  Closing will take place no more than 30 days from the end of the auction as stipulated in the Contract for Sale.  The Buyer will be responsible for all closing costs and the transaction will be conducted by the closing attorney specified in the Contract for Sale. 

 

Agency Disclosure: 

Week’s Auction Group, Inc. herein after WAG is acting as agent for the seller and at no time is WAG responsible for, acting on behalf of, or acting as agent for the buyer.  Full agency disclosure will be acknowledged by both seller and buyer on the Agency Disclosure form attached as Exhibit “C” on the Contract for sale. 

 

Disclaimer:

Weeks Auction Group, Inc believes all information contained herein to be correct to the best of our knowledge.  All information is being furnished to bidders solely for the bidder’s convenience and it is always the responsibility of the bidders to determine the accuracy and completeness of all information.  Reliance on information provided is solely at the risk of the recipient.  Bidders should always conduct their own due diligence, inspections, and investigations prior to bidding.  Bidders needing assistance should seek necessary assistance prior to placing a bid.

 

Disclosure:

As detailed in Rule 55-10-.01 (3) of the Georgia Auctioneers Commission:  Any auction sale is, without requirement of announcement at any time, presumed to be with reserve unless the property are in explicit terms put up at absolute auction.  According to Rule 55-10-.01 (4)(b) Weeks Auction Group and our sellers hereby give notice that bids may be made by the seller, or upon the seller’s behalf, at any auction with reserve.