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Absolute Online Only Auction – Riverfront Home, Louisville, KY
Accepting bids
Jun 28 @ 9:45AM EDT (Start)
Jul 22 @ 7:00PM EDT (End)
Let everyday be a “staycation” with this 1700 sq. ft. riverfront home and 2 extra lots on Juniper Beach Rd.
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5455 Juniper Beach Rd., Prospect, KY 40059

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Click Here For A Video Walkthrough

Reason for sale: Homes along the river don’t come up for sale that often. Ask the Stebbins family. This property has been in their family for nearly 60 years. However, due to the death of a family member they have decided it’s time to sell the property and let someone else enjoy it. Greg Stebbins said it well, “This property has been in our family for 60 years. Despite the occasional flooding, this home has provided over 3 generations of Stebbins’s family and friends with countless fond memories of family gatherings and celebrations and the plain joy of just living on the river. It’s now time to let someone else have those same opportunities.” They listed the property on the market for a brief time in April and May but to ensure a sale during prime river enjoyment time, they decided to auction the property so that whoever bought it would have time to enjoy it. The listing price at that time was $489,000. This is an Absolute auction and the property will be sold to the highest bidder.

Many folks take a vacation 1 or 2 weeks a year to be near the water - on a lake or a beach. Why not reverse that and be on the water 52 weeks a year. This home would make a great place for year-round living, or a week-end or summer vacation home, or perhaps a corporate residence for current and potential customers and clients, or a vacation rental.

Included with the riverfront home are 2 vacant lots behind the home. The 3 lots combined total almost 1.3 acres. The two lots behind the house come in handy if you need a place to park a boat or to accommodate overflow guest parking if you want to throw a big party.

The first floor of the house is one large room with a kitchenette, bathroom, and bar, ideal for a party room. The upstairs is the living quarters with 2 bedrooms, a bonus room facing the river that was used as a bedroom, a full bath, and open kitchenette and family room. There is also a large 16’ x 36’ deck facing the river. Now all you need is a 2-person swing to put in the front yard and you can let ol’ man river carry those troubles on down the river.

If you’ve lived in Louisville any length of time you know that the Ohio River is prone to occasional flooding including the River Road and Juniper Beach Road areas. People living on the river know it, expect it, and prepare to deal with it. Face it – if it floods you may have 2-3 weeks of negative inconvenience, but then you have 49-50 weeks of positive living. To quote Greg Stebbins, “Our Mother was a saint. When we had to prepare for flooding, she made a party out of it. It’s all about attitude.”


Open House:

Wednesday, July 10th, 5 - 7 pm

Sunday, July 14th, 2 - 4 pm

Sunday, July 21st, 2 - 4 pm   

 

Bidding Ends: Monday, July 22nd, 2019 beginning at 7:00 pm

 

 To view additional disclosure documents please click on the “Documents” tab.

 

For terms and conditions of this auction please click on the “Terms” tab.

10% Buyer’s Premium — $30,000 down payment

 

For questions and assistance please call Wardlow Auctions at (502) 489-5515. 

For questions or assistance about the auction please call

Rick Wardlow at (502) 489-5515 or (502) 593-3888.


Property Details

Lot size: 1.296 acres

Square footage of house: Total livable square footage is approximately 1,700 on two levels consisting of approximately 676 on the first floor and 1,024 on the second floor.

Exterior: Concrete block and frame

PVA assessed value: $309,830

Year built: PVA shows the house being built in 1983. However, one of the brothers said the first floor was built in 1966 and the upstairs was built in 1971.

Zoning: Residential – R4 - Residential

Rooms: A total of 7 rooms including 2 bedrooms, bonus room, and 2 full baths

First floor: Consists of an open room with kitchenette, bar and full bath with the remaining area suitable for tables and chairs or casual living furniture. This room also has tiled floor, concrete block walls, a free standing wood stove and a window unit air conditioner.

Second floor: Consists of 2 bedrooms, a riverside bonus room that was used as a bedroom, full bath, and open area with kitchenette and living room with free standing fireplace. This room also has a wooden vaulted beam ceiling.

Flooring: Tile on the first floor, vinyl in second floor bath and kitchenette and carpet in the rest.

Mechanicals: The HVAC system was installed in 1997 and consists of:

  1. Gas forced air furnace (located in attic above the second floor.
  2. Trane central air conditioning unit located on the rear deck.
  3. Window unit air conditioner located in the 1st floor.

Age of Roof: Approx. 20 years old.

Appliances and Other Personal Property Remaining with the House: The kitchen appliances including refrigerators and electric ranges (range tops only - no oven), on both floors, and the microwave oven on the second floor, are the only items that will remain. All furniture presently in the house, patio furniture on and under the deck, and the items in the garage will be removed by closing.

Parking: The driveway can easily accommodate 4 -5 cars. There is a detached 24’ x 22’ metal garage (built in 1975) with just one drive-in door that can accommodate a car, a boat, jet skis, or a combination if you maneuvered them around.

Dock Access: The property has 3 boat docks in various stages of condition. Presently the water depth at the docks is very shallow and could accommodate only a canoe or kayak. The owners indicated that in the past they have used a nearby dredging service to come in and dredge the area around the docks. The seawall and sidewalk were built in 1997. Owners also indicated that for $150/season you can use the Juniper Beach boat dock for launching your boat.

Links to the Following Real Estate Information Documents

Click here for Real Estate Purchase Contract

Click here for PVA Valuation Report for 5455 Juniper Beach Rd

Click here for PVA Valuation Report for 5406 Juniper Beach Rd

Click here for Title Examination Report

Click here for LOJIC Land Development Report

Click here for LOJIC Plat Map

Click here for Seller’s Disclosure of Property Condition Report

Click here for Broker Participation Form

 

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10% Buyer's Premium
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Checkout/Pickups: Thursday, July 25, 2019 & Saturday, July 27, 2019, 10:00 AM -2:00 PM

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No Reserves - No Minimums

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