Chester River Landing -  UNDER CONTRACT

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Auction Date: Friday, November 4, 2022, at Noon

Auction Location: 103 Landing Lane, Chestertown, Maryland 21620

 

Open House Dates: 

 

  • Friday, October 14, 2022 – Noon to 1pm

  • Friday, October 28, 2022 – Noon to 1pm

  • Friday, November 4, 2022 – 11am - Noon

FORECLOSURE AUCTION

New construction opportunity for an experienced builder to take over completion of an exceptional waterfront community along the Chester River in Chestertown, Maryland.  Chester River Landing is a beautiful, upscale subdivision with several existing single-family homes, villa-style townhomes, and a condominium building off Quaker Neck Rd along the western shore of the Chester River in Kent County.  Already-completed amenities include community swimming pool, walkways, crabbing beach, waterfront grill area and many more, all perfectly designed for waterfront living.

 

Being offered as a lot and individually, RealMarkets, on behalf of the Substitute Trustees, will offer at foreclosure auction:  

 

  • sixteen unimproved vacant lots (Lots 1, 7, 11, 12, 13, 18, 19, 20, 25, 31, 35, 36, 37, 40, 41, and 42)

  • two garage lots, one improved and one unimproved and vacant (adjacent to Lot 1 and Lot 18)

  • one improved lot (Lot 38, address 103 Landing Lane, Chestertown, MD), also ideal for model home or construction command center

  • three deep-water marina slips with electric and water hookups (D-4, D-5, and D-7) with opportunity for additional slips

 

Please refer to the community drawing for specific lot numbers and locations. 

 

Chester River Landing is a peaceful, sought-after destination with a relaxed Eastern Shore atmosphere.  The community offers residents popular amenities including a swimming pool, a deep water marina, a fishing and crabbing pier, a private beach with launch for canoes and kayaks, a rain garden/pond with water fountain, and lush landscaping.  There are crushed-shell walking paths along the waterfront to reach the pier and the marina, as well as brick seating areas spread throughout and several areas for visitor parking.  Residents and their guests can enjoy built-in BBQ grills and wooden picnic tables at the swimming pool and at Marina Park, a small island for relaxation and conversation on the way to the marina.  

 

Chester River Landing is just minutes from the historic charm of Chestertown with quaint taverns, gift shops, and small businesses.  There are farmer’s markets and festivals in and around town, including concerts in Fountain Park.  Downrigging Weekend is one of the largest annual tall ship displays on the east coast and draws visitors and tourists from all over.  The area is about a 45-minute drive from Annapolis and a little further to reach Baltimore, Philadelphia, and Washington DC.  

 

Property Tours:  Please plan on attending one of the scheduled open house dates to tour the property.  If you tour the property at any other time, please be respectful of the residents.  

 

Terms of Sale:  This auction is being conducted pursuant to the terms of the Substitute Trustees’ Sale & Secured Creditor’s Sale Notice.  Additional property is available after signing the Confidentiality Agreement.  Please contact RealMarkets details.  The auctioneer is offering a 2.5% cooperating brokerage commission to brokers that register their buyer(s) in accordance with the auctioneer’s broker registration guidelines.  This auction is being conducted by RealMarkets in cooperation with CENTURY 21 Commercial New Millennium.  

 

IMPORTANT: The marketing materials show general pictures of the community and homes that are not being sold at auction. These marketing photographs are intended to show the look and feel of the community.  Please refer to the Substitute Trustees' Sale & Secured Creditor's Sale Notice and legal advertisement for the list of properties in the community that are being sold at auction. 

 

For more information, please contact Stephanie Young, RealMarkets, 571-223-9775 and stephanie@realmarkets.com or Stephen Karbelk, Auctioneer, RealMarkets, 571-481-1037 and stephen@realmarkets.com.  The information contained herein was obtained from sources deemed to be reliable, but is offered for information purposes only. The Auctioneer, the Substitute Trustees, the holder or beneficiary of the Deed of Trust and the secured party do not make any representations or warranties with respect to the accuracy of the information contained herein. Prospective purchasers are urged to make their own inspection. Property is sold “As-is, Where-is”.

To gain access to the available due diligence materials, please
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