Offering #1: Building Lot for Sale in Elizabethtown, Nc!

Description

Building Lot for Sale in Elizabethtown, NC!

Searching for the perfect building spot near the lake?
These three prime lots are being offered at auction, giving you the chance to
own property just ¼ mile from the water. Lots are in an
HOA and is $100 per year and $3,000 initiation fee for pier access.
Located in the desirable White Lake area, all lots have access to public water
and sewer services provided by the Town of White Lake—making your building easy
and more convenient. Whether you’re planning a full-time residence, vacation
home, or investment property, don’t miss out on this rare chance to secure
lake-close land at auction! This is known as Offering #1.

Offering #1 – +/- 0.36 ac
This prime lot is fully cleared and ready for your dream build! Offering
excellent road frontage on NC Highway 53, this property offers convenience and
great opportunities. Just minutes from the lake, it’s perfect for those seeking
a peaceful retreat with easy access to outdoor recreation, local amenities, and
commuter routes. There is another access road along southern boundary off NC
Hwy 53. See survey in Bidder Packet.Online
Auction Ends Wednesday, October 8th at 3
PM
Offering #1 NC Hwy 53, Elizabethtown, NC 28337

Click Here for Bidder Packet
Click Here for HOA Docs
Click Here for
Interactive Map
Click Here for
Property VideoClick Here for Offering #2Click Here for Offering #3

DIRECTIONS: From Elizabethtown NC- Head northeast on N
Poplar St/US-701 Hwy N toward E Queen St for 5.3 miles, turn right onto NC-53
E, Properties will be on your right.

CONTACT: Broker & Auctioneer Matt Gallimore at
(540) 239-2585 or email Gallimore.Matt@gmail.com.

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.

SIMULTANEOUS CLOSE OF LOT BIDDING: Bidders desiring
more than one offering will need to be the high bidder on all offerings
desired. Each offering will stay open until all bidding is complete, and all
offerings will close simultaneously.

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 NC 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 per offering is required on the
day of sale. Close on or before November 24th, 2025. 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 October 8th,
2025. 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.