Chattooga Riverfront, Recreational, & Residential Property – A Rare Opportunity!
Discover an unparalleled slice of nature with over ½ mile of pristine frontage on the renowned Chattooga River. This outdoorsman’s paradise awaits with majestic mature hardwoods along the riverbanks and beyond. Whether you’re looking for riverfront acreage, recreational lots, or investment opportunities, this property has something for everyone!
Property Highlights: 106 +/- Total Acres in 55 Lots & Tracts.
24 Acreage Tracts (3+ to 7 ± acres)
10 with AL HWY 35 and/or Cherokee County Road 718 frontage
7 featuring Chattooga River water frontage
ALL tracts will have dedicated river access via a common area
31 Recreational Lots
20 Riverfront Recreational Lots with 50+ feet on the Chattooga River
11 Dry Recreational Lots
ALL lots will have dedicated river access via a common area
OWNER FINANCING AVAILABLE!
Power & Water to all lots and tracts
Incredible Hunting & Fishing – Abundant deer, turkey, duck, and excellent fishing & recreation
This is a rare chance to own a piece of prime riverfront property. Perfect for outdoor enthusiasts, investors, and nature lovers alike!
Auction Site: 1910 AL HWY 35 Gaylesville, Alabama 35973.
Directions: From the intersection of AL HWY 9 and AL HWY 35, take AL HWY 35 N for 1.7 mi to property on the right.
Preview: You may preview the real estate at any time.
Registration: Registration will begin at 8 AM on sale day. All interested persons must register to bid prior to bidding.
Terms: There is a 10% buyer’s premium on the real estate that will be added to the purchaser’s bid to arrive at the final bid price. The ten percent (10%) buyer's premium is due on the day of auction for the Real Estate and will serve as the deposit. The deposit will be held in escrow until closing. Balance is due at closing. The closing will be held on or before July 28, 2025. This sale is not contingent on a potential buyer’s ability to obtain financing.
There is a 11% buyer’s premium on all online bids that will be added to Purchaser’s bid to arrive at the final bid price. 11% is the total, not in addition to the 10%.
RESERVATIONS & RESTRICTIONS: Will be posted online once finalized.
OWNER FINANCING AVAILABLE: Terms will be 20 % down due at closing. Balance will be financed at 7 % on a 20-year amortization schedule with a 5-year balloon payment.
All properties are being sold "AS IS" without any warranties, guarantees, or promises.
Survey and Development Fee: A new survey will be performed on this property. The purchaser will be responsible for the survey and development fee on the day of the auction. This fee will be posted once completed.
Forms of Payment: Cash, Check, and Wire Transfer ($15 fee for wire transfer). All Credit/Debit Cards (Visa, Master Card, Discover, & American Express) are accepted with a 4% fee for in person or online purchases.
Free food and live music by Double Portion!
ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY ORAL, PRINTED, or PUBLISHED INFORMATION.
