Lenoir City Estate Auction

Date: 04/28/2018

Time: 10:00AM

Location: 4333 Rest Camp Road | Lenoir City, TN 37772

Office: Knoxville

Agent: Kenny Phillips

Estate Auction
Selling on behalf of the family
Dr. James Guyton

Saturday, April 28th at 10:00AM

OPEN HOUSE:
Sunday, April 22nd from 1:00 - 4:00PM Friday, April 27th from 1:00 - 4:00PM

FIRST TIME ON THE MARKET
Absolutely gorgeous property with beautiful park-like setting, approx. 1200' of Fort Loudoun lake frontage,
3000' of road frontage and +/- 94.76 acres

To be offered in tracts, groupings, and as a whole

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4333 Rest Camp Road | Lenoir City, TN 37772
Loudon County
Approx. 5290 SF - 4 Bedroom - 4.5 Bath
Parcel/Tax ID: 036  063.00
Property Taxes: $3,146.66
Lot Size: +/- 94.76 acres
Gorgeous stone work on exterior and woodwork throughout 
Excellent property to use as a farm, retreat, wedding/event venue, or vineyard 
East end of house can be self-contained with 3 bedrooms, 2 baths, sunroom and separate heat & air unit 
2 detached metal buildings each with 2 rollup doors
(30'x40'-RV shed with power & 30x50.5' - farm shed with wood stove) and 10'x14' storage building
Cummins generator with 300 gal fuel tank (has maint. agreement with Cummins)
Backyard has stone & iron fence around part
Well water with filter system - 4 total heat & air units - Central vacuum system
 
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Laundry Room - 17' x 8' with tile floor, mop sink, built-in cabinets & shelves
Pantry - 17' x 14'6" with tile floor and mop sink
Storage Room - 17' x 10' with climate control and skylight
Dining Room - 21' x 15' with oak floor, built-in cherry cabinets, pink TN marble inserts, wainscoting,
trey ceiling, wait staff call button and French door
Living Room - 27' x 18' with oak floor, custom woodwork, wood burning fireplace, wet bar with brass sink,
brass chandelier, huge windows and door to outside
Master Suite - 30'8" x 24' with wood burning stone fireplace with outside pass through, (2) master bathrooms with shared shower, (2) whirlpool tubs, (2) walk-in closets, (2) linen closets, dentil molding
Office - 11' x 14' - Located off of the master bedroom, oak floors, crown molding
Kitchen - 16' x 21'8" - Remodeled 5 years ago with quartz counter-tops, wood flooring, skylight, dishwasher & ice maker (5 years old), Jenn-Air stove & double ovens, Whirlpool ice maker & refrigerator, GE induction top stove with warming oven, custom cherry cabinets, custom hand painted tile back-splash from Portugal
Eat-in Breakfast Area - 11'6" x 17'
Bedroom #2 - 13' x 13'8" with built-in custom wardrobe
Bedroom #3 - 14'6" x 11'2"
Bedroom #4 - 11'6" x 15'6"
Sunroom - 17' x 16' with separate heat & air unit
Safe Room - 17' x 12' Located below sunroom
  • TRACT 1: 6.39 acres - 184.54' of road frontage
  • TRACT 2: 6.28 acres - 320.75' of road frontage
  • TRACT 3: 13.35 acres - 158.05' of road frontage
  • TRACT 4: 5.88 acres - 99.25' of road frontage - Can share current driveway easement with 4335 Rest Camp Road
  • TRACT 5: 26.04 acres - 116.18' of road frontage - House and 3 detached metal buildings/garages - Can share current driveway easement with 4335 Rest Camp Road
  • TRACT 6: 8.33 acres - 268.03' of road frontage
  • TRACT 7: 9.58 acres - 1257.23' of road frontage - Lake Frontage - Property line runs with the 813 contour line
  • TRACT 8: 8.27 acres - 473.16' of road frontage - Lake Frontage - Property line runs with the 813 contour line
  • TRACT 9: 10.64 acres - 300' of road frontage - Lake Frontage - Property line runs with the 813 contour line
The property will be sold with light deed restrictions - Houses must be stick built, onsite with no less than 1600 SF of heated & cooled living space. No mobile or modular homes will be permitted. No non-running vehicles to kept on property. No property can be used for commercial use.
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TERMS: The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions, and any other documents needed immediately upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales contract price. US currency cash or approved check. The balance is to be paid in full at deed closing within 30 days. Maryville Title will conduct closing. Current taxes will be prorated at the date of closing. Seller to provide deed. Buyer is responsible for title opinion, title insurance and recording fees. Customary closing costs to be split between the buyer and seller. Buyer is to obtain their own financing. The contract will not be contingent upon financing, inspections or any other contingencies. Powell Auction & Realty, LLC and its auctioneers and employees are representing the sellers as the sellers’ Agents. All properties are sold “AS-IS, WHERE-IS and WITH ALL FAULTS,” without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All measurements, square footage and age are approximate and not guaranteed. Seller and/or Agent makes no warranty as to the accuracy of information. All information is deemed reliable, but not guaranteed. Buyer to verify ALL information to their satisfaction prior to bidding. Tennessee Residential Property Exemption Notification and Lead-Based Paint Inspection  Notification will be a part of the sales contract.
ONLINE REAL ESTATE TERMS: Thank you for participating in a Powell Auction & Realty, LLC Online Auction. It is important that you familiarize yourself with the Terms and Conditions of the Sale. If you do not agree with any of the terms and conditions stated, PLEASE DO NOT BID or you will be bound by those Terms and Conditions. Good luck and good bidding. Auctioneer/Employees without notice may withdraw, extend or rearrange any property, and or item at their sole discretion at any time and will not be liable for any computer, internet or website malfunctions. If bids are placed within the last minute, bidding will automatically extend to prevent bid sniping.Payment must be made within 24 Hours after being contacted by Powell Auction & Realty, LLC. Powell Auction & Realty, LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed after the auction has ended. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS” with no financing, inspection or other contingencies to sale. Auctioneer represents the seller only and does not inspect properties on Bidder’s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding.

Important Information