Bottles Auctions will be auctioning Payette Lake Area Endowment Land Cottage Sites for the Idaho Department of Lands on August 23, 2024 at the Waters Edge Event Center, 287 E. Shore Drive, Eagle, ID 83616, commencing at 11:00 MDT. Please contact Bottles Auctions (208)-377-5700, jacob@bottlesauctions.com with all questions.
The bidding at auction will be for the Endowment Land LOT ONLY, and the cost for the improvements/cabins will be sold at a fixed price of their appraised value in addition to the high bid price for the Lot. The minimum bid for each Lot must meet or exceed the Reserve Price set forth below. Buyer to conduct all due diligence prior to auction. Property being sold “AS-IS” with NO CONTINGENCIES.
Legal Description: Lot 2, Block 15, State Subdivision – Cove Replat, Valley County
Lot Size: +/- 0.26 Acre
Published Reserve (Lot Only): $430,000
Improvement: +/- 644 Sq. Ft. Improvement – 1 Bed, 1 Bath
Cashier’s Check to Bid, TOTAL Due Auction Day: $184,100
- $10,000 (Deposit towards the purchased of the Lot)
- $174,100 (For Improvements and Fees)
- Cashier Check made payable to: First American Title Insurance Company
Closing: Shall take place 30-60 days after the Auction, with potential 30-day extension.
Administration Fee: 4% of High Bid due at Closing.
The Appraisal is provided for informational purposes only, and neither IDL or Bottles Auction make any representation about the accuracy or completeness of the information therein.
