Auction Ordered by Court Appointed Receiver; Seller reserves the right to reject any offer. Previously Valued At Over $3,500,000 New Minimum Bid/Published Reserve Price: $499,000 (Reduced from $540,000) Plus 6% Buyer’s Premium Buyer’s Premium: 6% Cooperating Broker’s Commission: 2% of Bid Price/Offer Price (before Buyer’s Premium is added) Lot Combined Acreage: Approx. 39 Acres (Total of 127 Lots) Single Family Lots: 112 Common Area Lots: 13 2018 Taxes: $37,685 (Paid in 2019) Zoning: R1-Planned Unit Development (PUD) Price just drastically reduced to a minimum bid/published reserve of only $499,000 plus 6% buyer‘s premium! This subdivision portfolio package includes 112 vacant single family lots, 13 common area lots, a partially completed model home on one lot and a partially completed foundation lot. Pre-auction offers are highly encouraged!