AUCTION Developer’s Closeout

8 Colonial Village Condominiums

An Active Adult Community, Kennebunk, Maine

Saturday, September 17th at 11:00 a.m.

SOLD at Auction for $1,393,150

2 Homes Selling Absolute – No Reserve, No Minimum Bid
These are the last available units in this wonderful Active Adult Community located just north of the Center of historic Kennebunk.

• 8 Colonial Village Homes in Planned Development Community
• Single-Floor Living with all units
• 2-Bedrooms, 2-Tiled Baths
• Vaulted Great Room and Dining Area
• Spacious Applianced Open Kitchen Concept
• Garage and Storage Area
• Enclosed Three Season Porches
• 1,290± Sq.Ft. Gross Living Area
• Wonderful Community Inn Building with Indoor Pool, Jacuzzi, Library and Fitness Center
• Beautiful 14-Acre Setting
• One Residing Adult Must Be 60 Years Old or Older
• Great Primary or Secondary Home
• Great Proximity to Boston and Portland Cultural Events

Open House:  All units will be available for viewing every day starting September 2nd through September 16th from 11:00 a.m. to 3:00 p.m.

Terms:  A $10,000 deposit per unit is required to bid.  (Unsuccessful bidders’ deposits will be returned at the conclusion of the auction.)  A 10% Buyer’s Premium will be added to the high bid to become the total purchase price.  The balance of the purchase price on each unit will be due at closing within 45 days of the auction.  The properties are sold with Warranty Deeds and clear title.  Sale Per Order of the Developer and Subject to Confirmation.

Directions:  From the Maine Turnpike, I-95 North or South, take Exit 25 (Kennebunk Exit).  Take a left off the exit to Route 35 South for approximately one mile, bearing left at a fork in the road after passing the High School.  Proceed for approximately one half mile until you intersect Route 1 in downtown Kennebunk.  Turn left, north on Route 1 for approximately one mile.  The Farragut community, marked by the granite Farragut sign, is on the right hand side of Route 1, immediately after a large open field on the right hand side of the road.