Sunset Ridge Vineyards Auction
10± ACRES PROPERTY • 8.5± ACRES OF VINEYARDS
Saturday, November 23 • 10 AM
Location: 2417 B South U.S HWY 81, Marlow, OK
This is your opportunity to own a beautiful and well-maintained vineyard located in south-central Oklahoma established 14 years ago. Over 2,000 vines of varying ages have been planted on 8.5± acres. Also, on the property, there is a small building featuring a custom mural painted by a local artist. The unplanted 1.5± acres are ideal to build a home, event venue, or a winery with a view!
Sellers: Harvard L. Tomlinson Trust
LOCATION: Marlow, OK
AUCTION TYPE: Real Estate
Central Oklahoma Vineyard located just south of Marlow on HWY 81. The Tomlinson family have dedicated the last 15 years to establishing a top notch diversified vineyard. Extremely well maintained and lovingly cared for in their retirement. It is obvious a passion for excellence was shown in the planning, planting and continued care of this vineyard. The selection of grape varieties which excellent in this region of the country has been a priority. The design of perfectly placed rows and plants is impressive. Two water wells on the property combined with an automatic irrigation system support the maintence program. Another great feature to this property is the headquarters, a building which a first sight displays a huge Mural painted by local artists. This build supports the vineyard with storage for the equipment, office, shop, chemicals, rest room, and everything else that needs to be in an enclosed and controlled enviroment. An equipment shed is near by and house mulitple items of equipment as well as temporary storage for products.
Sunset Ridge is appropriately named with fantastic evening sunsets across tranquil native fields on the south central Oklahooma western horizon. The vineyard is 8.5 acres yet the total property is 10 acres. The potential for an estate home on this portion is obvious. Such a special place for a home. Other opportunities could be in the horizon for this property with the dream continued under a new owner. What about an event venue ? Have weddings, community eventes, family get-togethers, concerts, and the list of social activities continue. Another thought would be to compliment the income ov the vineyard with an alternative crop. What about CBD oil ? Medical MJ ? A Greenhouse ?
The Harvard L. Tomlinson Trust is selling this property and vineyard. They have had the passion to create such a wonderful place. Now it is time for a younger generation to move forward. We will start the auction at 10 am on Saturday, November 23rd on the property. Selling the related equipment which includes a Kubota Tractor and Loader – low hours, good shape, an orchard sprayer on 3 point, Honda Side-by-Side, Hustler zero-turn mower, tools, and more… Be ready of this investment opportunity !
Land for sale
AUCTIONEER: Jon Brown
Real Estate – Terms and Conditions for Auction Sale
All bidders and participants in this auction sale hereby agree that they have read and fully understand the following terms. By participating in this auction sale, bidders and participants further agree to be bound by the terms and conditions of auction contained herein.
AUCTION DATE & TIME: 10 am – Nov. 23, 2019, Central Time
AUCTION LOCATION: 2417 B South HWY 81, Marlow, Oklahoma
PROPERTY LOCATION: Just south of Marlow on HWY 81, turn west at Hertzler Electrical Services LLC, on north side of their building proceed west ¼ mile to the vineyard.
LEGAL DESCRIPTION: 10 acres of real property : 30-2N-7W TR BEG NW/C SE S895345E1320.60 S001103E329.83 N895345W1320.60 N001103W329.83 TO POB TOGETHER WITH EASEMENT, Stephens County, OK
BUYERS PREMIUM: There is NOT a Buyer’s Premium. This does not exclude qualified licensed real estate agent from a buyer’s broker relationship to be by paid by the buyer.
DOWN PAYMENT: A (10%) non-refundable down payment based on the total purchase price, shall be due immediately following the auction. The down payment may be made in the form of cashier’s check, personal check, or corporate check payable to (to be determined) Closing Company.
NOT SUBJECT TO FINANCING: The real estate purchase agreement is NOT subject to the Bidders ability to obtain financing, so all Bidders must have any needed financing arranged prior to bidding at the auction. Earnest money deposits are “non-refundable” in the event a Bidder cannot complete closing.
ACCEPTANCE OF BID PRICES: All successful bidders will be required to enter into the Real Estate Purchase Contract at the auction site immediately following the close of the auction. Final bid prices are subject to the Sellers acceptance or rejection of any or all bids.
EVIDENCE OF TITLE: A current / updated Abstract will be provided by the seller at Seller’s cost.
DEED: Title shall transfer by Warranty Deed. Surface Rights Only
CLOSING: The balance of the real estate purchase price is due at closing, which will take place on or before Dec. 31, 2019. Closing will be held at (TBD) Closing Company_______________, Oklahoma. Closing Company transaction fees will be split equally between buyer and seller.
Standard Buyer & Seller costs will apply to each party. Such as,
Seller will bring abstract to date and provide a marketable title
Seller will pay for documentary stamps, recording of deed, half of closing company transaction fee, broker’s selling commission, and other fees which a seller would normally be responsible for to pay.
Buyer will be responsible for purchase price of property, title opinion, title insurance (if requested), half closing company transaction fee, recording fees, Survey (if required), all costs associated with mortgage and loan, or any other fees which normally are the responsibility of buyer to pay. If a 1031 Tax Exchange is implemented by the buyer then those costs will be buyers responsibility.
POSSESSION: Possession will be upon closing of the property.
REAL ESTATE TAXES: 2018 Taxes will be paid and 2019 real estate taxes will be prorated to day of closing.
PROPERTY INSPECTION: Auctioneer strongly recommends that any prospective Bidder personally inspect the Property prior to the Auction.
Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. Inspection dates have been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidders safety during any physical inspection of the property. No party shall be deemed an invitee of the property by virtue of the offering of the property for sale.
ACREAGE: All tract acreages, dimensions, and boundaries are based on current legal descriptions, aerial photos and existing fences.
SURVEY: Any Survey would be at requirement of buyer and a cost to buyer
AGENCY: United Country Real Estate | Brown Auction and Real Estate and its representatives are exclusive agents of the Seller.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in the advertisements, websites, brochure, easements and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the advertising, website and brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the Auctioneer are final.
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE SHALL TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
For questions call Jon Brown – Real Estate Broker and Auctioneer
United Country Real Estate | Brown Auction and Real Estate
South Central Oklahoma
Cell: (405) 694-8882 or office: (222) 222-0330