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LAKEFRONT AUCTION

SALE TO BE CONDUCTED ON SITE

LUXURY WATERFRONT LIVING ON
FORT LOUDON LAKE
4 LAKEFRONT LOTS - 2 SELLING ABSOLUTE

Saturday October 13th, 2007 – 10:30am

Beals Landing Subdivision
Beals Chapel Road in Loudon County, TN

Click here for Auction brochure

Situated on two peninsulas, this property offers magnificent
unobstructed views in all directions

No Reservation Necessary - No Appointment Needed

                   JUST BID YOUR PRICE

*   Less than 2 miles away from Cedar Hills Golf Course
*   Gated controlled access
*   Underground utilities including lighting

Utilities available: Electricity provided by LCUB
                              Water provided by Martel Water Company
                              Each home has been pre-approved for septic services
                              Gas and sewer will not be available
                              Propane gas is available as an alternative to
                              natural gas
Zoning: To come
Taxes: Below are current estimated county real estate taxes
            *   Lot 1 -   $1,615.00
            *   Lot 5 -   $1,877.00
            *   Lot 6 -   $1,564.00
            *   Lot 11 - $1,877.00
School Districts: Highland Park Elementary, North Middle and Lenior
                           City High School
Directions: Go West on Northshore drive until it dead ends at Beal's Chapel Road. Go left on Beal's Chapel Road for 2 miles. Beal's Landing is on the right - OR - From I-40 take Exit 369 to Watt Road. Turn Left to stoplight at Kingston Pike. Turn right onto Kingston Pike / Hwy 11 to flashing light. Turn left onto Muddy Creek Road which will turn into Beal's Chapel Road. Travel for approximately 7.1 miles to Beal's Landing on right.

Terms: 10% Buyer’s Premium - Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) and is due today in the form of cash, cashier’s check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing. CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE.

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