Magnificent Waterfront Cabin in North Georgia Gated Resort

ONLINE AUCTION
 

99, 109 and 121 Magnificent Way
Cleveland, GA 30528
 
BID DEADLINE (Starts to Close): Tuesday, June 10th @ 10 AM

 
ASSET DESCRIPTION:

Recently constructed 3 bedroom, 2 bath modern cabin with +/- 1,396 square feet. Floor-to-ceiling windows showcase panoramic lake views, with electric blinds for easy light control. As a smart home, it offers remote management of HVAC, windows, and alarms. The open floor plan, sleek lighting, and contemporary design harmonize with the natural surroundings. The gourmet kitchen features an island, hard-surface countertops, soft-close cabinetry, and modern appliances. A whole-house water filtration system ensures pure water, while the laundry area includes a new stackable washer/dryer in custom cabinetry.

The main level offers flexible space for an extra bedroom, and a striking 3-story spiral staircase connects the floors. Upstairs, the master suite awaits, while downstairs, a finished bonus room/bedroom opens lakeside, steps from the dock. Outside, wrap-around Trex decking overlooks the lake, ideal for entertaining. Low-maintenance stucco, composite siding, and metal exteriors eliminate the need for sanding or painting, and all windows carry a lifetime warranty. The master bedroom’s private balcony offers secluded lake views. Ample storage and meticulous landscaping enhance both function and beauty.

Adjacent lots are being offered in this auction, which could provide extra parking, a pull-through driveway, or future expansion.

Tucked in the stunning North Georgia mountains, Mountain Lakes Resort is a premiere gated RV and cabin community bordering the Chattahoochee National Forest. This exclusive lakefront retreat blends natural splendor with upscale amenities, including a stocked 50-acre lake for fishing and boating, a furnished clubhouse with gym, sauna, steam room, hot tub, and dining, plus two outdoor pools, an indoor pool, waterslide, stables, horseback riding, hiking trails to a waterfall, putt-putt golf, playgrounds, seasonal hayrides, fireworks, community docks, paved roads, and 24-hour gated security.  Just minutes from Helen, Dahlonega, and Cleveland, enjoy nearby wineries, dining, waterfalls, and outdoor adventures.

This auction is for three parcels including one, 109 Magnificent Way, that includes a cabin.  Parcels will be offered individually with 109 Magnificent Way selling first.  The two remaining lots, 99 and 121, will then be offered,  High bidder of the cabin lot does not have to bid on or buy the adjacent lots.

SHORT TERM RENTAL POSSIBILITY:  The current owner has a business license and Short Term Rental permit with White County.  According to White County Business Tax Office, the new owner of this property has sixty (60) days to apply for a host license under the same rights and privileges afforded to the prior owner such as grandfathered status and maximum license to be issued.  More info concerning STR's in White County can be found by clicking HERE.  

ONLINE BIDDING REGISTRATION: Online bidding to begin on Saturday, May 31, 2025.

INSPECTION: Open Houses May 31st and June 7th from 11 AM - 1 PM - Please contact Auctioneer for More Info.

You are STRONGLY advised to inspect the property and reply on your own findings. Please contact Scott Schwartz at 404-550-3490 or scott@bullseyeauctions.com or Rick Sammons at 770-490-0798 or rick@bullseyeauctions.com

TERMS: Non-refundable earnest money deposit of ten percent (10%) of purchase price shall be wired to Bullseye Auction & Appraisal within 24 hours of contract acceptance. Closing shall occur within 30 days of contract acceptance.

LEGAL CONTRACT: Your participation in our auction is your acknowledgement and acceptance of the terms and conditions presented here. Your failure to adhere to any of these terms and conditions may constitute a breach of contract and may cause irreparable harm to Bullseye Auction & Appraisal and/or our client. In this event, we and/or our client(s) may attempt to recover any financial or other damages by pursuing any action afforded by law.

BUYER’S PREMIUM: There is a 10% Buyer’s Premium for this auction. Example: For a high bid of $100,000, a 10% buyer’s premium of $10,000 will be added making the purchase price $110,000.

BUYER’S NOTE: Real estate is being sold “AS IS, WHERE IS” with no warranties expressed or implied. Buyers should carefully inspect. The real estate is subject to sale prior to the auction end date. Online bid increments are at Auctioneer’s discretion.

CLOSING: Purchaser responsible for designating closing attorney and all associated costs. Property to close within 30 days of contract acceptance. Please view Auctioneer's website for detailed terms.

SALE MANAGERS:
Scott Schwartz at 404-550-3490, GAL# 2643
Rick Sammons at 770-490-0798, GAL# 3575

Auction Conducted By:
Bullseye Auction & Appraisal, LLC
6470 E Johns Crossing, Suite 160, Johns Creek, GA 30097
770-544-7479


Property is being offered in conjunction with Leading Edge Real Estate