This is a rare opportunity to create a one-of-a-kind development in one of the most desirable vacation spots in the Northeast.
Otis, MA (PRWEB) June 17, 2016
A waterfront property with approvals for a 35-unit subdivision on Otis Lake in the heart of the Berkshire Mountains is being put on the auction block this month.
JJManning Auctioneers, one of the nation’s leading auction houses for premier development land, in cooperation with Max Spann Real Estate & Auction Co., have scheduled the auction for noon on Friday, June 24 at the Red Lion Inn in Stockbridge, Ma.
A tour of the property – located at Reservoir Road and Route 23 – has been scheduled for Wednesday, June 15 from 11 to 1 p.m.
“This is a rare opportunity to create a one-of-a-kind development in one of the most desirable vacation spots in the Northeast,” said Bob Dann, the executive vice president and chief operations officer of Max Spann Real Estate. “The previous developer has ordered an immediate sale of this property and is extremely motivated to sell to the highest bidder.”
The property will be sold in the entirety, including real estate, waterways license plus any available permissions, approvals, variances, permits, certificates, order of conditions, plans, drawings, estimates and more. A Massachusetts waterway license good for 99 years allows for a 60-foot waterfront redevelopment area with up to thirty 20-foot docks plus public dock. The waterfront has 15 new docks and 12 moorings in place with the potential for more.
The 1,065-acre Otis Lake is one of Massachusetts’ largest lakes, popular for boating, swimming, fishing & water sports as well as snowmobiling and cross country skiing in the winter.
Otis is conveniently located off Route 23 near Tolland State Forest with easy access to Routes 20, 202 & I-90/Mass Turnpike. It is located just 2.5 hours from Boston and New York City.
JJManning Auctioneers sells high value commercial & residential real estate. With a full schedule of upcoming auctions, the firm is currently accepting consignments for the 3rd & 4th Quarter of 2016. Please send an email to auctions(at)JJManning(dot)com for further information.