No-Reserve Oregon Coast Oceanfront Property
CRE Auctions | Waldport, OR 97394
Date(s) :  8/27/2023 - 10/10/2023
Buyer Premium :  5% on top of High Bid Price


Online Only Auction
"Soft Close" October 10, 2023 at 1pm PST
ABSOLUTE - NO RESERVE AUCTION! Beautiful Oceanfront Location on ± 3.9 acres of the gorgeous central Oregon Coast with a ± 1,132 SF home and amazing Pacific Ocean and Alsea River views! (Actual buildable area is ± 0.19 acres). 2-bedroom, 2-bath with remodel potential. Community water system & individual septic. Incredible ocean and river fishing with marina nearby. Located only 8 miles to Yachats and 15 miles to Newport. 5% Buyer's Premium added to the Final Live Bid Price to arrive at the Total Purchase Price on auction day. $50,000 Non-refundable Earnest Money due auction day by wire transfer. Remainder due in full within 30 days at Closing. Seller to provide Standard Title Insurance and 1/2 Closing Escrow Fee. Conduct all due diligence/inspections prior to bidding. Property sold "as-is, where is", with no contingencies to the highest bidder. ALL PRE-AUCTION OFFERS WILL BE PRESENTED! Call 208-202-5200 today! BTVAI *Online Auction. All forms located on the CRE Auctions website at the below link (copy and paste link in browser) - https://creauctions.visualwebb1.com/auctions-details/?propertyId=1248637-sale* ***You must sign and return the Real Estate Terms & Conditions Form before you will be approved to bid.*** TERMS: 5% Buyer's Premium added to high bid price for total purchase price. $50,000.00 Earnest Money Due on Auction Day by Wire Transfer as the non-refundable deposit. Closing to Occur within 30 days. 3% Co-op fee available for accepted pre-auction offer, 2% on Auction Day. All inspections to be conducted prior to auction, property sold "as-is, where-is". BTVAI BIDDING: All bidders must be approved before bidding. Each bidder must execute Auction Terms & Conditions the form of which is available at www.creauctions.com. Once you have registered online, your bidding status will be "Pending" until our "Real Estate Terms and Conditions" form is returned and approved.