$700,000

Rescheduled BANK-ORDERED FORECLOSURE: PROPERTY AUCTION - BID LIVE OR ONLINE, List price may not reflect the final sales price, opening offer amount will be announced at the beginning of the sale July 23rd @ 12:00 PM. Presale offers are not being considered. Foreclosure Sale of Luxury Waterfront Home - Bid in-person or online for luxury waterfront property in Drummonds Field, Williamsburg VA. 4,608 sq ft contemporary home with James River frontage and in-ground pool. Online bidders must register 24 hours in advance; onsite registration available day of sale. Sale Date:July 23rd at 12:00 PM Location: 5201 Monticello Ave, Williamsburg, VA 23188 Format: SIMULCAST AUCTION - BIDDING OPTIONS & REGISTRATION REQUIREMENTS Online Bidders: Must register at least 24 hours prior to the auction (by July 22nd, 12:00 PM) Must complete all qualification requirements prior to approval. $25,000 initial deposit must be received 24 hours prior to auction. All required documentation must be submitted before bidding approval In-Person Bidders: Can register on the day of the sale at the auction site. Must present a $25,000 cashier's check to the registration clerk. Must complete registration form before being approved to bid. Property Description: Luxury contemporary waterfront home built in 1986 featuring 4,608 square feet with 4 bedrooms and 4 full bathrooms on a 40,946 sq ft lot with James River frontage. Property includes an in-ground pool, screen porch, patio, and fireplace. IMPORTANT NOTES:This is a BANK FORECLOSURE PROPERTY SALE. A Substitute Trustee has been appointed to conduct this foreclosure sale. All sales are AS-IS, WHERE-IS with no contingencies and no showings. Bidders are encouraged to conduct appropriate due diligence regarding the property condition and all existing encumbrances. TIME IS OF THE ESSENCE for all settlement deadlines. Review the complete Memorandum of Trustee's Foreclosure Sale and auction Terms & Conditions available in the document section.