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Auction 13-70

Bank Owned Real Estate Auction 13-70
The Village at Ocean's End - Mount Desert Island
Oceanfront Development - 47+/- Acres
Deep Water Pier/Slips - (37) Luxury Home Sites
2,702+/-SF Luxury Home - Development Rights
471 Main Street & 474 Main Street, Unit #11
Southwest Harbor, Maine
Auction Date: Tuesday, March 26, 2013 at 11AM

(Selling as an entirety on premises at 474 Main St., Unit #11)

Preview Dates: March 5 & 12 From 10AM-12PM

Auctioneer’s Note: The Village at Ocean’s End is a luxury residential condominium development located in the Village of Southwest Harbor. This is a rare opportunity to own one of the last and largest fully approved and permitted oceanfront condominium developments on Mount Desert Island. Special consideration has been given to each building envelope in order to maximize views of the ocean and Acadia National Park. An additional 25.45+/- acre parcel with development potential abuts the condominium and the Acadia National Park. The site has great potential for a Lodging/Resort Complex. We invite you to participate in the opportunity to buy at auction, Southwest Harbor’s premier oceanfront development project.

Project Name: The Village at Ocean’s End Condominium, Recordings in the Hancock County Registry of Deeds: Declaration at Book 5195, Page 117, 1st Amendment Book 5315, Page 60, 2nd Amendment Book 5608, Page 264, 3rd Amendment Book 5950, Page 245, and 4th Amendment Book 5958, Page 125. Plats 41/93 & 94
CLICK HERE To view The Village at Ocean's End website.

Total Acreage: 47+/- (Condominium site is 20.20+/- acres w/ 14.5+/- under grass, rear development land not in condominium is 26.79+/- wooded acres abutting condominium and Acadia National Park)

Approved & Permitted Sites: (37) Building sites are fully approved and permitted.

CLICK HERE To view interactive condominium site plan.

Oceanfront: 243’+/- (tie line is 220.18’+/-) Own to the low water mark

Views: Atlantic Ocean and Acadia National Park

Topography: Rolling up to an elevation of 162’+/-

Utilities: All underground - electric, cable, telephone, public water and public sewer

Paved boulevard 2,200’+/-
Curbing & sidewalks
Professionally built stonewalls
Public water (6” line)/sewer (8” line) to 20+/- building sites
Underground electricity to 15+/- building sites
Underground conduit for telephone/cable to 15+/- building sites
Low impact aluminum pier 90’+/- with additional 53’+/- ramp & float, (8) slips, 50’+/- at head
(3) Landscaped drainage ponds with cascading waterfalls over granite headwalls

Luxury Home #11: A 2,702+/- SF home under construction approximately 50-60% completed. Home is included in the entirety.
CLICK HERE To view Floor Plans & Drawings.

Zoning: Zone B, Harbor Zone, Shoreland. New zoning changes could allow, with minor subdivision amendments, the potential for an additional 28 units on VOE. Rear site could potentially support 73 units with public water and sewer, 30 units without public water and sewer.
CLICK HERE To view Southwest Harbor's Land Use Ordinance.

Tax Map/Lot: Map 2, Lots 13 & 45 and Map 16, Lots 1, 1A & 2
CLICK HERE To view Southwest Harbor's Tax Maps.

By Road/miles
Village 2/10
Bar Harbor 12
Trenton Airport 12
Bangor Interstate & Airport 50
Portland Airport 180
Boston 280
Providence 332
Hartford 378
New York 490

By Water/miles
Rockland 60
Boothbay Harbor 100
Portland 133
Kennebunkport 160
Portsmouth 185
Boston 245
Newport 400
To View Google Map

Acadia National Park: 49,600+/- Acres, 2.5+/- million visitors annually, oldest and one of the most visited parks east of the Mississippi.
CLICK HERE To view Acadia National Park website.

Internet bidding available through
Proxibid - Live Internet Bidding

Broker Participation Available. Contact Auctioneer’s office for details.

Terms: A $100,000 deposit (nonrefundable as to highest bidders) in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Company (deposited with the Auctioneer as a qualification to bid), with balance due and payable within 45 days from date of auction. A 5% Buyer’s Premium. 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 click on the icon below, or call (207) 885-5100 and request by auction number 13-70. Richard J. Keenan #236. Our 41st Year and 6,236th Auction.

Attention Prospective Bidder
The above information is believed to be correct and complete. However, the Keenan Auction Company and the Seller of this property and its agents/representatives make no warranties as to the accuracy, truthfulness and completeness of this information. Prior to the auction, prospective bidders should make such investigation, as they deem appropriate.

Property Information Package Available

Condominium Declaration Available

Condominium Plats Available

Declaration Amendments Available

Findings of Fact and Condition of Approval on Final Subdivision Plan Available

Specimen Title Policy Available

Specimen Deed Available

Click on the Property Information Package icon below.

Get the Property Information Packet

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