21 Grand Lake residential lots for sale in gated Melody Point community.

Bank-ordered sale of 21 residential lots at auction without reserve. Lakefront and lake view lots in Melody Point, the only waterfront gated community within Grove City limits, featuring private marina, community pool, and professionally maintained grounds.

AUCTION DATE:   October 13th, 2024 at 2pm

AUCTION ON-SITE: 2116 Dogwood Trail, Grove, OK 74344

INSPECTIONS:  During daylight hours. Enter through the south entrance at Melody Point Dr. and Quail Run Rd.

BUYER-BROKER:  3% commission for registered Brokers. Click to register.

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

PROPERTY DETAILS

NO-RESERVE AUCTION.  Bank-ordered sale of 21 residential lots in the water-front gated community of Melody Point located less than 3-miles from Grove or Patricia Island Country Club and a 5-minute boat ride to Shangri La. Melody Point features a private marina with slips available exclusively to property owners, a community pool with pavillion as well as professionally landscaped and maintained grounds.

Learn more about Melody Points community through the Melody Point HOA website.

HIGHLIGHTS:

  • Lake-front lots
  • Lake & pond view lots
  • 0.1 to 0.25 acre lots
  • Private marina (direct access with slips available exclusively to Melody Point homeowners)
  • Community pool with a pavillion
  • Beautifully landscaped and professionally maintained grounds
  • Patricia Island golf course 1.5 miles away

 

UTILITIES:

  • Grove school district
  • GMSA water, gas & refuse
  • REC electric

LOT #, APPROXIMATE ACREAGE & PARCEL ID#:

Lot 1 – 0.15 acres – Parcel id 210072855
Lot 7 – 0.22 acres – Parcel id 210072861
Lot 8 – 0.17 acres – Parcel id 210072862
Lot 9 – 0.14 acres – Parcel id 210072863
Lot 10 – 0.1 acres – Parcel id 210072864
Lot 11 – 0.1 acres – Parcel id 210072865
Lot 12 – 0.16 acres – Parcel id 210072866
Lot 13 – 0.17 acres – Parcel id 210072867
Lot 14 – 0.23 acres – Parcel id 210072868
Lot 15 – 0.21 acres – Parcel id 210072869
Lot 16 – 0.18 acres – Parcel id 210072870
Lot 67 – 0.25 acres – Parcel id 210079283
Lot 68 – 0.25 acres – Parcel id 210079282
Lot 98 – 0.11 acres – Parcel id 210072952
Lot 99 – 0.16 acres – Parcel id 210072953
Lot 100 – 0.16 acres – Parcel id 210072954
Lot 101 – 0.12 acres – Parcel id 210072955
Lot 103 – 0.12 acres – Parcel id 210072957
Lot 104 – 0.15 acres – Parcel id 210072958
Lot 105 – 0.16 acres – Parcel id 210072959
Lot 112 – 0.13 acres – Parcel id 210072966

DISCLOSURES

DISCLOSURES:

  • 3% Buyers premium applies. Buyer’s premium is an additional fee (3% of the high bid amount) paid by the high bidder.
  • All parcels subject to any existing recorded easements.
  • Locations of parcel signs, maps, and picture illustrations are for reference only. Refer to survey for boundaries if available and/or legal descriptions.
  • HOA Dues*: Bare lots are $140 per lot per month until the house is constructed. Once complete, the lot
    containing the house becomes $400 and any additional lots are $140. However, should the house sit across
    multiple lots, you can petition the HOA to “combine” the lot rent into a single $400/month fee.
  • HOA Reserve fund*: $1,000 per lot purchase fee due at closing.

TERMS & CONDITIONS:

  • Sale is subject to approval.
  • 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 closing fee & title policy. Taxes will be prorated through date of closing.
  • Balance and closing costs are due 45 days from seller acceptance.
  • Contact CJ Auctions for title commitment, copy of easements or covenants.
  • 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.

*see covenants for details.

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

SALE METHOD

SALE METHOD:   Buyers’ Choice by the lot.

How ‘Buyers Choice by the lot’ works:

  • Buyer’s choice may be offered when more than one lot is being auctioned.
  • Successful high bidder wins the right to choose one or more lots from a grouping of similar or like-kind properties.
  • After high bidder selection, the lot is deleted from the group and the bidding commences again.
  • This process continues until all lots are sold.
  • When sold by the lot, the high bid is multiplied by the number of lots selected by the high bidder.

All map & boundary illustrations are approximate.