The auction offers a diverse portfolio valued at more than $8 million, including residential lots and new construction homes, land, recreational and waterfront tracts, timber investment and waterfront camps, of which 10 will be sold to the highest bidder.
Alexandria, LA (PRWEB) April 23, 2010
United Country – Bonnette Auction Co, LLC, will sell 80 properties located throughout Southern Louisiana during a multi-property auction event on Saturday, May 1. The event offers a diverse portfolio valued at more than $8 million, including residential lots and new construction homes, land, recreational and waterfront tracts, timber investment and waterfront camps, of which 10 will be sold to the highest bidder, regardless of price.
Four of the properties being offered without reserve are part of The Preserve at Whiskey Island, Tangipahoa Parish’s only gated waterfront community, located in Ponchatoula. The property, designed by world-renowned planner, John Exley, will be offered in 44 lots or in its entirety.
Whiskey Island’s documented history began in 1882 when Belgian Benedictine monks arrived on the property from the Ponchatoula River. From 1918 to 1930, a successful prohibition-era bootlegging operation was run on the land, resulting in the name Whiskey Island. The property was purchased and used as a private hunting preserve in 1968 by a gentleman from New Orleans, who built a 2.5 mile, 14-foot levee encircling the 250 acre property, creating a change in the ecology, essentially transforming lowlands into dry property and eventually into the wildlife sanctuary it is today. The preserve is home to abundant wildlife including deer, turkey and bald eagles, as well as thriving flora and stately live oaks. In fact, The Preserve at Whiskey Island was recognized among the important bird areas (IBAs) of Louisiana by the Audubon Society.
In 2004, Whiskey Island was purchased and developed as a private waterfront community with 44 planned home sites and a 120-acre common area with amenities including nature trails, Ponchatoula River access, salt water pool, pool house, tennis courts, converted barn with guest suites and a lodge, which former Governor Edwin Edwards frequently used for legislative meetings and parties while in office. Each of the 44 lots includes a private boat slip.
The May 1 auction includes properties located in Tangipahoa, Livingston & St. John the Baptist Parishes. Auction highlights include The Preserve at Whiskey Island in Tangipahoa Parish, six custom new construction homes and nine waterfront lots in Livingston Parish, and 20 Manchac waterfront lots and prime waterfront camp located in Tangipahoa Parish. The auction portfolio also includes 8+ land, recreational and timberland tracts, ranging from 1.05+/- acres to 1,200 +/- acres.
“The multi-property event is one of the best ways to bring properties to the public. This format allows qualified buyers the opportunity to see a variety of available homes and income properties and determine their current fair market values through the bidding process,” said Barbara Bonnette, International Auctioneer Champion and owner of United Country – Bonnette Auction Co, LLC, who will be conducting the auction.
The auction event will begin at 10 a.m., with registration, barbeque and refreshments, followed by the live auction at 1 p.m. at 38527 Whiskey Island Lane, Ponchatoula, La. In addition to on-site bidding, buyers also have the option of live internet bidding at http://www.proxibid.com/bonnetteauction.com.
Property details, photos and terms and conditions can be found at http://www.BonnetteAuctions.com.
United Country – Bonnette Auction Co. can be contacted at 318-443-6614 for additional information or property showings.
About United Country
United Country Real Estate is the largest fully integrated franchise network of real estate and auction professionals in the nation. Based in Kansas City, Mo., the company has been an innovator in real estate marketing since 1925. United Country supports nearly 675 offices across the U.S. and in Costa Rica with a unique, comprehensive marketing program that includes one of the largest portfolios of property marketing web sites (more than 750 separate sites), seven proprietary real estate catalogs with a cumulative distribution of 1.5 million, an extensive, current buyer database and national advertising of properties to more than 90 million potential buyer prospects a week. United Country has been recognized as a Top 25 Franchise by the Wall Street Journal and among Entrepreneur Magazine's Franchise 500®.