ABSOLUTE AUCTION ABOVE $300,000 "Bay Creek Resort & Club" - Virginia's Eastern Shore Like New, Water View Contemporary Home

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Listing Details

Sold Price
$310,000
Auction Date
Auction Time
12:00 PM
Address
8 Kings Bay Drive, Northampton County, VA, 23310
County
Northampton County
Neighborhood
Bay Creek Resort, Kings Bay Village,
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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REAL ESTATE AUCTION

"BAY CREEK RESORT & CLUB"
(Cape Charles - Virginia's Eastern Shore)
                                   
KINGS BAY VILLAGE

Luxury Waterfront Resort Community

Like New, Water View
CONTEMPORARY HOME

4 Bedrooms  4 Baths  Deluxe Amenities

 

To The Highest Bidder Above $300,000!
(Purchased New For $589,000 in 2005)

 Sale On Premises
8 KINGS BAY DRIVE
Off Colony Drive
Northampton County, Virginia 23310

SATURDAY, SEPTEMBER 25, 2010
AT 12:00 NOON


NOTE:  The information contained herein has been obtained from sources deemed reliable and believed to be accurate.  However, no express or implied warranty is made as to the accuracy of these representations.  All dimensions contained herein are more or less. 

LOCATION & DIRECTIONS:

8 Kings Bay Drive is located in the gated community of Kings Bay Village of the Bay Creek Resort & Club. Bay Creek Resort & Club is located at the southern tip of Virginia's Eastern Shore, on the Delmarva Peninsula, surrounding the historic small-town community of Cape Charles.  Bay Creek Resort & Club at nearly 1,800 acres, offers two renowned Signature┬« Golf Courses designed by Jack Nicklaus and Arnold Palmer, a 150-slip world class Marina with resort shopping and dining, and 10 residential Villages.  The Bay Creek Marina was recently included in Chesapeake Bay Magazine's "Best of the Bay" awards featuring superior floating slips with world-class amenities in a pedestrian friendly village with upscale waterfront dining at AQUA, shopping, marine and tackle store, overnight accommodations, and luxury marina restrooms and showers. Bay Creek Resort & Club is within 30-45 minutes from the Norfolk, Hampton and Virginia Beach, and 1 hour south of Maryland.  8 Kings Bay Drive is within minutes walking distance to the marina, community swimming pool, restaurants and shopping.


For more information on the Bay Creek Resort & Club, visit:
http://www.baycreekresort.com or  http://www.baycreek.net


For more information for on Cape Charles, visit:
http://www.baydreaming.com/cape_charles.htm

For directions from your location, visit: maps.google.com

 

SITE AREA

Lot size is 50.65' fronting on Kings Bay Drive, rear lot line of 50.94' and depth lines of 123.64' and 122.18', more or less


Beautiful water view of the Chesapeake Bay


Public water and public sewer


Circular brick driveway


Legal Description:


Subdivision Plat:


Download:   SUBDIVISION PLAT CLOSE-UP (pdf)
                     SUBDIVISION PLAT WIDE VIEW (pdf)

 

IMPROVEMENTS

Newly constructed 2-1/2 story luxury contemporary water view home.  The model, known as "The Bahama - Model B", features HardiPlank exterior siding, 2 - one car garages (each with electric door openers), spectacular decks, heatpump system, central air conditioning, insulated windows and doors, gas fireplace, wet bar, and is arranged as follows:


First Floor

  • Entry foyer - dramatic 2 story entrance with ceramic tile floor and 2 guest closets
    Photos of auction property
    ENTRY FOYER    VIEW FROM FOYER

     
  • Master Bedroom - two walk-in closets, walk-out to rear deck, ceiling fan

      
  • Master Bathroom - oversized ceramic tile shower stall, double vanity sink, wooden cabinetry
    Photos of auction property
    MASTER BATHROOM - PHOTO #1    PHOTO #2

     
  • Bedroom #2 - double door closet, walk-out to rear deck, ceiling fan
     
  • Laundry Room - with GE Washer and dryer, wood cabinetry
      
  • 2 - Built-in Garages - finished interior, access from interior first level


Second Floor - (10' ceiling height throughout)

  • Great Room - manteled gas fireplace, walk-out to rear deck, ceiling fan, recessed lighting
    Photos of auction property
    GREAT ROOM    FIREPLACE    REAR DECK

     
  • Deluxe Kitchen - wooden cabinetry, Corian countertops, Whirlpool Gold 4-burner range/oven, GE stainless steel refrigerator/freezer, Whirlpool dishwasher, Kohler double sink with disposal, pantry, recessed lighting
    Photos of auction property
    KITCHEN - PHOTO #1    PHOTO #2    PHOTO #3

     
  • Dining Room Area - recessed lighting, ceiling fan
     
  • Bedroom #3 (optional master bedroom) - coffered ceiling with ceiling fan, 2 walk-in closets
     
  • Private Bathroom (for bedroom #3) - oversized shower
     
  • Bedroom #4 - bay view and private access to the hall bathroom
     
  • Hall Bathroom - full bathroom with tub/shower


Third Floor

  • Spectacular (360 degree) Overlook Sun Room - wet bar (wood cabinetry, Corian countertop, bar refrigerator), walk-out to rear deck, ceiling fan, great water views
    Photos of auction property
    SUN ROOM - PHOTO #1    PHOTO #2

     

 

REAL ESTATE TAXES

Annual Real Estate Taxes for County of Northampton, VA - $2,860.62 (based on a full value tax assessment of $583,800)


Annual Real Estate Taxes for the Municipal Corporation of Cape Charles -$1,067.19 (based on a full value tax assessment of $583,800)

 

CONDOMINIUM or HOMEOWNER ASSOC

Bay Creek At Cape Charles Community Association, Inc. - $125 per month.

 

TITLE

In fee simple; sold free and clear of all liens

 

INSPECTION TIME

By appointment or 10:30 a.m. on the day of the auction.

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $25,000 will be required of the purchaser at time and place of sale.  The deposit shall be increased to 10% of the purchase price by 12:00 Noon on Monday, September 27, 2010, at the office of the Auctioneers.  Balance to be paid in cash within 45 days. If payment of the balance does not take place within the specified time, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting purchaser. Taxes, community association fees and all other public charges and assessments, payable on an annual basis, including sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. The property will be sold in "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein;  and subject to the Bay Creek At Cape Charles Community Association, Inc. Declaration and By-Laws, easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes risk of loss from the date of sale forward.  The purchaser waives and releases the Seller, the holder of the indebtedness, the Auctioneers, and their respective agents, successors and assigns from any and all claims the purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof.  If the Seller is unable to convey good and marketable title, the purchaser's sole remedy in law or equity shall be limited to the refund of the deposit.  Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneer.  Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser. TIME IS OF THE ESSENCE.  NO BUYERS PREMIUM!


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)