AUCTION: March 23rd at 6pm

31.35+/- ac offered at auction in 2 parcels providing opportunities for building a home with lake views, recreational use, development or investment.  Both parcels front Corp of Engineer land allowing easy access to the lake. The property is conveniently located just 15 minutes from downtown Tulsa. Keystone Lake covers 26,000 acres and offers a variety of entertainment, fishing, water sports and hiking just to name a few. There are public boat ramps nearby and Pier 51 Marina is close by and offers boat and equipment rental as well as fuel, groceries and a full-service restaurant at the marina.

Auction Overview

AUCTION DATE & TIME:
Thursday, March 23rd at 6pm

AUCTION LOCATION: OFFSITE
Discoveryland
19501 W 41st, Sand Springs

OPEN HOUSE / INSPECTIONS:
View at your convenience during daylight hours

BUYER-BROKER:
3% Broker Participation

LICENSE INFO:  OK RE Lic# 159708 Ronn Cunningham | Cunningham Johnson Auctions LLC

Each parcel has paved road frontage on 263rd W Ave.  Each with Keystone Lake views and adjoining Corp of Engineer land.  263rd W Ave has upscale communities including the Bluffs and access to boat ramp on the southeastern end of the lake.

Parcel 1: 15.91+/- acres of rolling terrain ideal for home sites, development or a little private get-a-way.

Parcel 2: 15.44+/- acres secluded with private vistas of Keystone Lake and surrounding area.

Directions: 1.5 miles North of Hwy 51 and South 263rd West Ave

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UTILITIES/SCHOOLS:

SCHOOLS:   Keystone School District
TAXES:  $11.58 (2016)
ELECTRIC:

WATER:

All map & boundary illustrations are approximate – please refer to survey.
Property pictures & video represent identified parcel(s) however, pictures & video may show multiple parcels and/or property not included in the auction.

Property Video

Pictures of Parcels 1 & 2

Pictures of Keystone Lake Area

All map & boundary illustrations are approximate – refer to survey.

Directions: 1.5 miles North of Hwy 51 and South 263rd West Ave

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Water Map

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Survey

DISCLOSURES:

• Buyer responsible for $800  per parcel survey fee.
• Locations of parcel signs, maps, and picture illustrations are for reference only.  Refer to survey for boundaries if available and/or legal descriptions. Fence lines may not follow property boundaries per survey.
• If property divides, all abstracts covering any individual parcel will be placed on deposit with said title company to be held for the use of any and all future buyers. Buyers are responsible for the cost of supplemental abstract(s).
• The property to be sold and conveyed unto Buyer under this Contract shall be limited to the surface estate only, and the oil, gas and other minerals in, upon and which may be produced from the property are excluded.
• Portions of property may lie in flood zone

• Parcels 1 & 2 have two wells each that have been capped, no drilling activity in the last 40 years.

TERMS & CONDITIONS:

• 3% Buyer’s Premium applies to this sale.  Buyer’s Premium is an additional fee (3% of high-bid amount) paid by the high-bidder.
• All properties are being sold ‘as is, where is’ and are not subject to financing, inspections or any other contingencies.
• CJ Auctions represents the seller only.
• The high bidder must make a 10% (Min $5,000) non-refundable deposit on sale day (cash, personal or cashier checks)
• Buyer will receive deed and title insurance.
• Buyer will pay for (but not limited to) the survey, closing fee, title policy. Taxes will be prorated through date of closing.
• Balance and closing costs are due 30 days from seller acceptance.
• Sale is subject to seller confirmation.
• All bidders must register with CJ Auctions prior to bidding (registration is held 1-hour prior to auction) and provide a driver’s license or government-issued identification.
• Absentee bidders must pre-register and qualify through CJ Auctions 48 hours prior to sale day.
• All persons inspecting the property, attending an open house or auction do so at their own risk and shall not hold CJ Auctions or their agents liable for damages to their person or property.
• ONLINE BIDDING: Individuals must wire 10% of opening bid amount (minimum $10,000) 48 hours prior to auction to be fully authorized to bid online. Contact CJ Auctions at 918 550 8118 for detailed wiring instructions. (Note: If property is selling by the acre then opening bid is multiplied by the total acreage)

LICENSE INFO:  OK RE Lic# 159708 Ronn Cunningham | Cunningham Johnson Auctions LLC

Method of Sale:

Parcel 1 and 2 Buyer’s Choice

• Buyer’s choice may be offered when more than one property/parcel is being auctioned
• Successful high bidder wins the right to choose a property/parcel or properties/parcels from a grouping of similar or like-kind
properties
• After high bidder selection, the property is deleted from the group and the bidding commences again
• Process continues until all properties/parcels are selected