Mountain Retreat for Sale at Auction in Trade TN

Mountain Retreat for Sale at Auction in Trade TN

Are you searching for a new construction home located in the Appalachian Mountains. This newly constructed home features 3 bedrooms, 2 bathrooms and breathtaking seasonal views of the Appalachian Mountains.

1131 Cherry Springs Ln., Trade TN 37691
This home is a 3-bedroom, 2-bathroom new construction. Spanning 1,412 sq ft, this thoughtfully designed home has high-end custom details, including granite countertops and cherry wood kitchen cabinets. Perfectly situated for outdoor enthusiasts, located just 20 minutes from Boone and 1 hour from the Appalachian Trail.

Top Features:

·        1,412 sq ft | 3 Beds | 2 Baths | 2 Stories

·        +/- 1.09 acres

·        High-End Finishes: Granite countertops, custom chocolate cherry cabinets, and Smartcore Blue Ridge Pine flooring.

·        Luxury Baths: Primary suite includes a custom rain shower with body jets and porcelain trim.

·        Layout: Versatile floor plan with dual primary suites (main & upper), a loft nook, and cathedral ceilings.

·        Infrastructure: HVAC heat pump, 200 Amp panel, Spectrum internet, and a fully encapsulated crawlspace with a heavy-duty dehumidifier.

·        Exterior: Large porch with field-wire railing, seasonal mountain views, and wildlife-rich surroundings.

·        Location: 20 mins to Boone; 1 hour to Appalachian Trail.

·        Basement: Full unfinished basement 784 sq ft

Appliances will convey with the sale of the home. Other furnishing are available for purchase with the sale of the home for an additional $10,000.

Online Auction Ends Thursday, March 12th, 2026 at 3 PM
1131 Cherry Springs Ln., Trade TN 37691

Click Here for Bidder Packet
Click Here for Interactive Map
Click Here for Property Video
Click Here for 3D Virtual Tour of Home

PREVIEW: February 21st at 10 AM

CONTACT: Broker & Auctioneer Matt Gallimore at (540) 239-2585 or email Gallimore.Matt@gmail.com. You can also contact Broker Sharon Roseman at (828) 320-4726 or email SharonCRoseman@gmail.com with United Country Big6 Properties.

DIRECTIONS: From Boone – Head west on King Street turning onto 421 North King Street. Go 14 miles on Highway 421 passing the state line. Turn right on Cherry Springs Lane. Take the first right and the home will be on the right.

BIDDER PACK: Download Bidder Pack for complete information. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well.

SOFT CLOSE: If a bid is received within the last 2 minutes of the auction or after 3 PM, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates “snipers” and encourages fair and impartial bidding from all participants.

BUYER’S PREMIUM – TEN PERCENT (10%): Buyer’s Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer’s Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer’s premium = total purchase price of $110,000). Buyer’s Premium is not due until closing.

PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Referral Fee of 2% of the high bid is offered to a cooperating TN State Licensed Real Estate Salesperson/Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidder’s Agreement, maps, sample contracts, and property information.

TERMS & CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 is required on the day of sale. Close on or before April 27th, 2026. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 3 PM on March 12th, 2026. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.