ABSOLUTE LIVE ON-SITE AUCTION
PREMIERE 162 ACRE PROPERTY (OFFERED IN 17 TRACTS)
FORMER SWEET HOLLOW GOLF COURSE
SATURDAY, MAY 25, 2019 – 10:30 A.M.
SWEET HOLLOW ROAD, CORBIN, KY
DIRECTIONS: From the intersection of Highways 25E (Cumberland Gap Parkway) and 25, follow Hwy 25 north 7/10 mile and turn right onto Hwy 2392 North. Proceed 8/10 mile and turn right onto Horse Creek Road. Proceed 1/10 mile and turn right onto Sweet Hollow Road. Go 2/10 mile to the property. Auction signs are posted.
DESCRIPTION: This exceptional property measures 161.73 acres and is strategically located between Corbin and London, Ky just off Hwy 25. It is a beautiful property formerly used as a golf course and has excellent development potential. It is surrounded by residential developments. The landscape features cleared fields, rolling wooded areas, numerous ponds and streams. The property also features a large metal building measuring 96 x 170, as well as thousands of feet of road frontage.
The property will be offered in 17 tracts ranging in size from 6.43 to 18.89 acres. Each tract is ideal for uses for a host of uses including luxury homesite, mini farm, residential development and recreational. The tracts will be offered individually and in combinations at multi-parcel auction.
Tract #1: 7.469 acres with 381 feet of frontage on Sweet Hollow Road, 866 feet of frontage on Sunset Drive and 368 feet of frontage on Fairway Drive.
- A portion of this tract is impacted by flood plain.
- Mostly cleared and level
- trees at the back of the property
Tract #2: 7.163 acres with frontage on 596 feet of frontage on Fairway Drive.
- Mostly cleared and level.
- Some wooded, elevated property.
- Creek
Tract #3: 6.431 acres with 703 feet of frontage on Fairway Drive, 277 feet of frontage on another section of Fairway Drive.
- Mostly cleared and level.
- Nice shade trees
- 2 ponds
- Great home site
Tract #4: 5.865 acres with 802 feet of frontage on Sweet Hollow Road.
- Lots of level, cleared area
- Overlooks valley below
- Metal building measuring 96 feet x 170 feet
Tract #5: 6.561 acres with 150 feet of frontage on Sweet Hollow Road
- Mostly cleared
- Nice home sites
- Some wooded areas
Tract #6: 6.973 acres with approximately 650 feet of frontage on Sweet Hollow Road
- Mostly cleared with some wooded areas
Tract #7: 7.353 acres with 300 feet of frontage on Sweet Hollow Road
- Mostly cleared with some trees
- Very nice home sites
Tract #8: 8.402 acres with access from G. Roark Road
- Nice mix of level and hillside land, both cleared and wooded
Tract #9: 13.416 acres with 40 feet of road frontage in the cul-de-sac of Skyview Drive.
- Beautiful combination of wooded hillside and gently rolling clearings with some nice views.
Tract #10: 18.757 acres with access from the end of Fairway Drive.
- Pond
- Nice combination of wooded hillside and cleared fields and valleys
Tract #11: 8.004 acres with access by easement from Ridgewood Lane
- Pond
- Nice combination of wooded hillside and cleared fields and valleys
Tract #12: 9.215 acres with approximately 90 feet of frontage on Oakridge Road and access from Ridgewood Lane.
- Pond
- Nice combination of wooded hillside and cleared fields and valleys
Tract #13: 18.892 acres with 293 feet of frontage on Fairway Drive and access by easement from the end of Fairway Drive.
- Large pond
- Smaller pond
- Nice combination of wooded hillside and cleared fields and valleys
Tract #14: 7.094 acres with 226 feet of frontage on Fairway Drive.
- Existing entrance with gate
- Cleared with level to gently rolling terrain
- Small pond
- Gas well
Tract #15: 12.36 acres with 100 feet of frontage on Legend Lane
- Beautiful, gently rolling, cleared land
- 2 ponds
Tract #16: 6.439 acres with 310 feet of frontage on Legend Lane
- Beautiful, gently rolling, cleared land
- Some trees
Tract #17: 11.338 acres with 764 feet of frontage on Brafford Lane
- Beautiful combination of cleared, grassy fields and rolling wooded, areas
TERMS: 20% down day of auction, balance due in full within 30 days.
BUYER'S PREMIUM: A 10% Buyers Premium will be added to the high bids to determine the final sale price.
AUCTIONEER / BROKER / SELLER DISCLAIMER: The information contained herein is believed to be correct to the best of the auctioneer's knowledge. The information is being provided for the bidder's convenience and it is the bidder's responsibility to determine the information contained herein is accurate and complete. The properties are selling in their as-s condition with no warranties expressed or implied.
BUYER'S PREMIUM: A 10% Buyers Premium will be added to the high bids to determine the final sale price.
AUCTIONEER / BROKER / SELLER DISCLAIMER: The information contained herein is believed to be correct to the best of the auctioneer's knowledge. The information is being provided for the bidder's convenience and it is the bidder's responsibility to determine the information contained herein is accurate and complete. The properties are selling in their as-s condition with no warranties expressed or implied.