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Auction 12-81

Bank Owned
Real Estate Auction 12-81
Oceanfront Wharf Cottage
180 Farnham Point Rd., East Boothbay, Maine
Friday, May 11, 2012 at 1PM

Real Estate: Consists of a 5.45± Acre parcel (11.9+/- acres including low water boundary and pound) with 1,700’+/- of Water frontage. Improving the site is a Seasonal 2-bedroom/1-bath cottage built in 1960 located directly on a 4,347+/- SF wharf on pilings. The Wharf was used to serve a lobster pound and has (2) ramp and float systems, one used for boat dockage and the other as a covered working pier. The pound gates and gate bridge still exist. The wharf cottage is designed with a first level workshop with living quarters on the second level. Tax Map R8, Lot 37A.

Preview: Saturday, April 28, 2012 from 10-11AM

Directions: From Rt. 27 heading to Boothbay, left onto Rt. 96 towards East Boothbay, follow 3.3 miles, left onto Farnham Point Rd., follow .9 miles to property access drive on the left, follow drive baring right to property at end.

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Terms: A $10,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Company (deposited with the Auctioneer as a qualification to bid),increased to 10% of purchase price within 5 days of the sale, with balance due and payable within 30 days from date of auction. The property will be sold by public auction subject to all outstanding municipal assessments. Conveyance of the property will be by release deed. All other terms will be announced at the public sale. For a Property Information Package containing legal and bidding documents, visit or call Auctioneer’s office at (207) 885-5100 and request by auction number 12-81. Richard Keenan #236. Our 40th Year and 5,999th Auction.

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