Immediate Sale Ordered via Public Auction

Spectacular Home on Bluff w/ 180 Degree Water Views

Water Views from Every Bedroom • Infinity Pool • Truly a Must See!

Details:

• 305 Summit Drive, Mattituck, New York 11952
• 5 Bedrooms
• 2.5 Baths
• Magnificent 180 Degree Views of Long Island Sound
• Water Views from Every Bedroom
• New Infinity Edge Gunite Heated Pool ($250,000 Construction Cost) Cut into Bluff
• Situated on Shy 1 Acre Lot (39,204 Sq Ft)
• Limestone Patio and Impeccable Landscaping
• Sold Fully Furnished (With a few exceptions. Please see Exhibit A in Terms of Sale)
• Entire Home Wired for Built-in Surround System (Just Add Components)
• Deeded Beach Rights
• Truly a Must See!!!
• First Floor:
• Eat-in-Kitchen (Radiant Heat)
  
• Living Room
• Dining Room
• Media Room
• Master Bedroom
• Master Bathroom (Radiant Heat)
  
• Additional Bedroom
  
• Laundry Room
• Half Bath
• Second Floor:
• 3 Bedrooms
• 1 Bathroom
• Basement:
• Full & Unfinished
• Outside Entrance
• Additional Information:
• Year Built: 2001
• Two phases of Renovation from 2005-2007 (Please download "Renovation Description" under "documents" tab)
  
• 3 Zone HVAC
• Central Air Conditioning
• Oil/Hot Air Heating
• School District: #9 (Mattituck-Cutchogue)
• Annual Real Estate Taxes: Appx $17,087
• Previously Listed for $2,500,000
• $750,000 Opening Bid

Inspections/Viewings:  Friday, August 20th; 1:00 pm - 3:00 pm & Sundays, September 12th, 19th & 26th; 11:00 am - 1:00 pm each day.

Auction Date & Time:  Sunday, September 26th at 1:00 pm.  Registration begins at 12:00 noon. 

Auction Location:  Sells on location at 305 Summit Drive, Mattituck, New York 11952.

Terms & Conditions of Sale: Property will be sold Free & Clear of all Liens, Claims & Encumbrances.  In order to register to bid, all prospective bidders must present a certified check in the amount of $75,000 made payable to "David R. Maltz & Co., Inc.".  Closing must occur within 45 days after the auction. Successful Bidder shall be granted a 30-day extension to close if he/she posts an additional non-refundable 10% deposit.  Subject to sale prior to auction as pre-auction offers will be considered.  Please download the complete Terms and Conditions of Sale. 

Buyer's Premium:  A seven percent (7%) Buyer's Premium will be added to the successful bidder's high bid to determine the contract price to be paid by the purchaser.

Buyer Broker Participation:  A two percent (2%) commission will be paid to any properly licensed Buyer Broker who registers a successful buyer in accordance with the Buyer Broker guidelines.  Please download the Broker Participation form for details.

 
David R. Maltz, Auctioneer DCA# 762794
 Richard B. Maltz, Auctioneer DCA# 1240836
 Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022  Fax (516) 349-0105

This property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller, Auction Company or any of their Agents.  The information contained herein was derived from sources deemed reliable, but is not guaranteed.  Most of the information provided has been obtained from third party sources and has not been independently verified.  It is the responsibility of the Buyer and/or Buyer's Broker to determine the accuracy of all measurements and specifications of the property.    Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property, including without limitation, environmental and physical condition of the property.  All prospective bidders are urged to conduct their own due diligence prior to participating in the Public Auction Sale.

Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.