Real Estate Terms:
Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, upon conclusion of the bidding and will make an earnest money deposit of $25,000.00. A ten percent (10%) buyer�s premium will be added to the high bid to establish the total sales price. US currency cash or approved check. The balance is to be paid in full at the deed closing. By bidding you are entering into a binding agreement.

M & M Title will be conducting the closing. Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Closing to occur on or before January 19th, 2027.

The contract will not be contingent upon financing, inspections or any other contingencies.

Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).
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 & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**

Thank you for participating in this Powell Auction & Realty LLC Online Auction.
It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. 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. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold �AS IS, WHERE IS and WITH ALL FAULTS�, without any warranties expressed or implied or guarantees of any kind. Agent 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. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.

New Bidders, please Pre-Register, we will have to approve you to Bid!

ONLINE ONLY REAL ESTATE AUCTION 3835 Admirality Lane � Knoxville, TN 37920 Welcome to The Anchorage Subdivision � Stunning All-Brick & Stone Home with Separate Living Quarters & Fort Loudoun Lake Access BIDDING BEGINS TO CLOSE: Friday, December 4th at 12:00PM � Noon (ET) OPEN HOUSES: Saturday, November 21st from 2-4PM (ET) Wednesday, November 25th from 2-4PM (ET) Wednesday, December 2nd from 2-4PM (ET) Welcome to The Anchorage Subdivision, one of Knoxville�s most sought-after lakefront communities, where this beautifully constructed 5-bedroom, 3-bathroom all-brick and stone home offers an exceptional combination of luxurious main level living, fully independent lower level quarters, and exclusive private access to Fort Loudoun Lake � all with breathtaking views of both the water and the Smoky Mountain backdrop. Spanning approximately 4,678 SF across two levels � with 2,339 SF on the main level and 2,339 SF in the basement � and situated on a 0.36+/- acre lot, this remarkable home is perfectly positioned on the Knoxville and Blount County line, just minutes from shopping, dining, and entertainment in West Knoxville, with easy access to the airport, Turkey Creek, Northshore amenities, and downtown Knoxville � all while maintaining a private, resort-style atmosphere. Main Level � 2,339 SF: Rich hardwood floors set an elegant tone throughout the main level, anchored by a spacious living room featuring a stunning coffered ceiling and cozy fireplace. The open-concept kitchen is designed for both everyday living and entertaining, featuring: Tile flooring Granite countertops Abundant cabinetry Built-in microwave conveniently located in the island The large primary suite is a true retreat, featuring: Tray ceiling Private access to the deck � perfect for morning coffee or evening relaxation En-suite bathroom with separate tile shower, soaking tub, and dual closets Additional main level features include: Two-car attached garage with insulated door Driveway wrapping around the home for extra parking Generac generator providing reliable backup power and exceptional peace of mind Basement Level � 2,339 SF: The basement level offers incredible versatility and is designed to function as a fully independent living space, featuring: Private entrance Separate deck Dedicated HVAC system Ample space for a basement apartment or mother-in-law suite One-car attached garage Hidden room � a unique and exciting bonus feature adding an element of surprise and intrigue to this already exceptional home The Anchorage Community: The Anchorage is widely regarded as one of Knoxville�s most desirable lakefront communities, offering residents an exclusive and resort-style lifestyle including: Private marina Boat slips and tie-ups Effortless private access to Fort Loudoun Lake Breathtaking views of the water and Smoky Mountain backdrop Location: Perfectly positioned on the Knoxville and Blount County line, this home offers unparalleled convenience including: Minutes from shopping, dining, and entertainment in West Knoxville Easy access to McGhee Tyson Airport Turkey Creek and Northshore amenities nearby Quick access to downtown Knoxville Private, resort-style community atmosphere The Opportunity: All-brick and stone homes spanning nearly 4,700 SF with separate living quarters, a Generac generator, a hidden room, and exclusive Fort Loudoun Lake access in The Anchorage community on a 0.36+/- acre lot are extraordinarily rare. Whether you�re drawn to the stunning lake and mountain views, the fully independent lower level living space, the private marina access, or simply the exceptional combination of luxury living and unbeatable location, this remarkable home is an opportunity not to be missed. SALE CONDUCTED IN CONJUNCTION WITH The Blevins Group at Realty Executives | Jean Marie Cessna | 865-999-4663 Knox County Parcel / Tax ID: 147IB060 Yearly Property Taxes: $6,069.83 � total yearly taxes | $3,527.10 � City of Knoxville and $2,542.73 � Knox County HOA Dues: $150.00 per year Year Built: 2011 Lot Size: 35.95 x 206.24 IRR | 0.36+/- acres YOU WILL NEED TO EMAIL PROOF OF FUNDS INFORMATION WHEN YOU REGISTER. THIS CAN BE A BANK LETTER, SCREENSHOT OF ONLINE BANKING/INVESTMENT ACCOUNT/RETIREMENT ACCOUNT, LOAN PRE-APPROVAL LETTER, ETC. PLEASE EMAIL THIS TO phillip@powellauction.com. YOUR REGISTRATION/BID WILL REMAIN PENDING UNTIL WE RECEIVE YOUR PROOF OF FUNDS INFORMATION. PLEASE CALL KENNY OR PHILLIP AT 865-938-3403 WITH ANY QUESTIONS.