"West Fenwick Island, DE" Brand New Two Story Beach Home5 Bedrooms, 5 Baths, 2-Car Garage, Luxury UpgradesAbsolute Auction Above $335,000

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 Amazing Opportunity!
ABSOLUTE AUCTION
To the Highest Bidder Above $335,000
                                                
WEST FENWICK ISLAND, DE
The Refuge At Dirickson Creek
An Upscale Resort Community

Brand New  5 Bedroom  5 Bath
TWO STORY BEACH HOME
Two-Car Garage, Luxury Upgrades & Features

Originally Purchased for $557,000 In 2006  Never Occupied

 Sale On Premises
37556 LEISURE DRIVE
Off Lighthouse Road (DE-54) - 3 Miles West of Coastal Highway
Sussex County, Delaware 19975

SATURDAY, APRIL 26, 2008
AT 11:00 A.M.

 
GENERAL INFORMATION:
NEWS ARTICLE (pdf)
Note: this 1MB file may take some time to download.

LOCATION & DIRECTIONS:

The Refuge at Dirickson Creek is one of Sussex County's premier new home communities, featuring master planned single-family homes, resort-style pool, clubhouse with exercise room, card room and meeting room, tennis courts, basketball, volleyball, shuffleboard, playground, community lakes, jogging and bike paths. Developed and built by Bunting Construction Corporation, a regional leader, The Refuge is convenient to boating, shopping and Delmarva's best beaches.

CLUBHOUSE     POOL AREA PHOTO #1     POOL PHOTO #2     PLAYGROUND
BASKETBALL COURT & PICNIC AREA     VOLLEYBALL COURT     TENNIS COURT

The neighborhood is five minutes west of Fenwick Island, Delaware and Ocean City, Maryland. A newly constructed Harris Teeter gourmet grocery store and Jack Nicklaus Signature Bayside Resort Golf Club are within one mile.

The Refuge is located within 2.5 hours of Baltimore, Washington and Philadelphia, and about 4 hours from New York. Rehoboth Beach, Bethany Beach, Assateague Island National Seashore and numerous recreational opportunities are nearby. Most amenities within The Refuge are within one block of the home.


For directions from your location, visit: MapQuest

Neighborhood web site:
http://www.TheRefugeAtDiricksonCreek.com/ 

SITE AREA

0.27 acre landscaped lot - 97' x 153', more or less
Oversized asphalt driveway
Lawn Irrigation system
Decorative mailbox

IMPROVEMENTS

Two story contemporary beach home, constructed in 2006.  Known as The Calloway model, the home has been enlarged to approximately 2,850 square feet and contains many upgrades.  This outstanding property has never been occupied and is ready for immediate occupancy.

Exterior

Covered front porch with metal-clad roof and Trex decking

Rear Trex sun deck

Outdoor shower

Two-car attached garage with electric opener, exterior exit and storage

No maintenance exterior - vinyl siding, vinyl-clad double glazed windows, insulated exterior doors, composition shingle roof, aluminum rain gutters, decorative metal-clad roof trim, front storm door

First Floor

Foyer - hardwood floor, coat closet, crown moldings

Great Room has hardwood floors throughout and comprises:

• Living area - cathedral ceiling, gas fireplace, dual bookcases, sliding doors to sun deck and French doors to sun room, surround sound system
  
  PHOTO #1     PHOTO #2
  
  
• Kitchen - 42" maple cabinets, granite countertops, GE Profile appliances, island with sink, reverse osmosis water filtration system, disposer and dishwasher, range/oven, refrigerator/freezer, microwave oven
  
  PHOTO #1     PHOTO #2     PHOTO #3
  
• Breakfast area
   

Dining Room - hardwood floor, crown molding


Master Bedroom Suite - Berber carpet, large walk-in closet, ceramic bath with 2 - cultured marble top vanities, oversized shower with two heads and glass door, large whirlpool tub, toilet closet

MASTER BEDROOM       WALK-IN CLOSET  
BATH PHOTO #1     BATH PHOTO #2

Bedroom #2/Den/Study - Berber carpet


Full Bathroom - ceramic tile floor, fiberglass shower


Sun Room - ceramic tile (16" x 16") floor


Deluxe Laundry Room - ceramic tile floor, GE Profile washer and dryer, laminate counters,  overhead cabinets, exit to garage


Utility Room

Second Floor

Bedroom #3 - blue carpeting, en-suite shower-bath with ceramic floor, additional storage


Bedroom #4 - Berber carpeting, en-suite full bath with ceramic floor


Bedroom #5 - Berber carpeting, en-suite full bath with ceramic floor


Example of En-Suite Full Baths:


Linen closet

Attic with pull-down stairway

Mechanical
Gas forced hot air heat
Central air conditioning
Gas, 50-gallon water heater
Wired for sound in the kitchen, sun room, master bedroom, dining room and living room with separate volume controls

REAL ESTATE TAXES

 Annual real estate taxes are approximately $1,200 - that's right, it's Delaware!

CONDOMINIUM or HOMEOWNER ASSOC

 HOA fee of approximately $750 per year includes all recreational amenities - pool, clubhouse, boat ramp, tennis, sports courts and trash pickup.

TITLE

 In fee simple.  The home is sold free and clear of all liens.

INSPECTION TIME

 By appointment only or one hour prior to sale.

TERMS OF SALE

 A $25,000 deposit, payable by certified check or cashier's check, 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 noon on Tuesday, April 29, 2008 at the Auctioneer’s office.  Balance to be paid in cash within 45 days.  If payment of the balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement.  All adjustments, including taxes, homeowners association fees, all other public charges and assessments payable on an annual basis, and 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, and subject to easements, agreements, restrictions or covenants of record affecting same, if any, and subject to the Declaration, Bylaws and regulations of The Refuge at Dirickson Creek homeowners association.  Purchaser agrees to waive the right of rescission under Delaware homeowners association law and assumes the risk of loss from the date of sale forward.  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 Auctioneers.  Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser.  Time is of the essence.

NO BUYER'S PREMIUM

Broker participation is invited.
BROKER REGISTRATION FORM

FINANCING

 Attractive financing is available from First Shore Federal.  For more information, contact: Diane Koch at (302) 537-8188 or dkoch@firstshorefederal.com.