Absolute Auction: Kittery Point, ME -- Salt Waterfront Retreat with Private Beach

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5.4ac. Waterfront Retreat with Private Beach ~ 3-BR Home, Boathouse, 2-BR Guest Cottage ~ Subdivided in 2 Lots ~ To be Sold to the Highest Bidder(s) Regardless of Price.

JJManning Auctioneers is proud to offer this piece of paradise in an exclusive area of Kittery Point on the beautiful south coast of Maine. This 5.4 acre private waterfront retreat with deep water access is subdivided into 2 lots and will be offered individually and in the entirety. The property consists of over 1,100 feet of salt water frontage with a private beach.

The first lot is 2.5 acres with 865 feet of water frontage and includes a 3-bedroom, well preserved, contemporary home, a carport and a 16' x 10' boathouse. The 2,916 sf. home was built by architect Frank Lloyd Wright apprentice Allan Gelbin, to fit harmoniously into the wooded waterfront site. The home was built in 1963 with passive solar design elements, featuring a stone, stucco & wood exterior highlighted by dramatic window placements that take full advantage of the picturesque setting.

The second lot is 1.9 acres with 550 feet of water frontage and includes a 2-bedroom, year-round, guest cottage built in 1956.

This property offers the best of both worlds with relaxation and tranquility in a private setting just minutes from the amenities and bustle of Portsmouth & Kittery. Kittery is the gateway to coastal Maine just north of Portsmouth, NH near outlet shopping, dining, golf, parks, family attractions & ocean beaches. It's in a prime location midway between Portland, ME & Boston, MA with easy access to Rt. 1 & I-95.

The terms of sale include a 10% deposit of which $25,000 per lot or $50,000 in entirety must be presented in cash, certified or bank check. The remainder of the 10% deposit is due in wire transfer, cash, certified or bank check by 5pm ET on 7/28/09. The balance is due in 45 days and there is a 10% Buyer's Premium. Other terms, if any, will be announced at the sale.

Online Bidding Terms: Visit http://www.JJManning.com, mandatory 72 hour pre-registration.

Buyer's Broker Terms: 2% Broker commission offered, mandatory 48 hour broker pre-registration.

Absolute Auction: Thursday, July 23, 2009 at 2pm.
Bid Live On-site or Online.

Open Houses: Sat., July 11 (12pm-2pm) & Sat., July 18 (10am-2pm).

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JUSTIN MANNING
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