Absolute Auction: 3,705+/-sf Home on Cape Cod to be Sold to the Highest Bidder, Regardless of Price

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Historic Shingle-Style Home in N. Falmouth (Cape Cod), MA to be Sold to the Highest Bidder, Regardless of Price, offered by JJManning Auctioneers.

JJManning Auctioneers is pleased to offer Lots C-2 & C-3 Wild Harbor Rd. (a/k/a 14 Shannon’s Way), N. Falmouth (Cape Cod), MA on Friday, October 7, 2011 at 11am on-site. This property will be selling at Absolute Auction - to the highest bidder, regardless of price.

This lovely 3,705+/- sf., 3-story Queen Anne shingle-style home built c. 1890 on Falmouth’s Chapoquoit Island was moved to just outside the North Falmouth Village Historic District in 2005 and placed on a newly poured concrete foundation with steel I-beams. It's presently 7+/- bedrooms and 3.5+/- baths (per town assessor) on 1.23+/- acres in 2 parcels.

This unique home features 10’ ceilings, hardwood floors, staircase with stepped windows, custom woodwork, butler’s pantry, wrap-around porches, and other fine period details. With restoration in process, the new owner will have a tremendous opportunity to create an interior layout best suited to their planned use for this distinctive property, currently real estate tax assessed at only $373,600. A new 9-bedroom septic, partially finished walk-out basement with guest suite, and full 3rd floor add value and potential for many uses including a family or corporate retreat, B&B, or gracious private home. It's in a great Cape Cod location just 2 miles from Old Silver Beach with easy access to shopping, dining, world class golf and key commuter routes.

The terms of sale include a 10% certified deposit of which $15,000 in cash, certified or bank check is due at auction and the remainder is due by 5pm ET on Tuesday, 10/11/11. 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. A 2% Broker Commission is being offered and includes a mandatory 48 hour broker pre-registration.

Open House: Friday, September 30, 2011 (11am-1pm)

Absolute Auction: Friday, October 7, 2011 at 11am on-site

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Justin Manning

Justin Manning
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