Waterfront Estate Auction 5± Acre Piscataqua Riverfront Home.Saturday, August 12th at 10:00 a.m. (The listed Price is merely the assessed value being used as a place holder and not the auction price) 38 Varney Lane is a private drive off Rte. 103 (Main Street) in Eliot, the right of way leads to an open 5 acre lot with 220± ft. of direct frontage on the Piscataqua River. The property is improved with a split-level home built in 1956 offering 2621 sq. ft. of living area in 8 rooms with 3 bedrooms. In addition there is a legal one bedroom apartment in the lower level. There is also a 5 car garage. This most unusual 5± acre lot in the village district zone has an open field that gently slopes to the river front, and was once used as a personal golf course. There are remnants of the dock, piers, and stairs in addition to a launching ramp leading to the Piscataqua River with ocean access. This property is just 2 minutes from Exit 1 on Rte. 95. The Real Estate will be offered at 11:00 a.m. on Saturday, August 12th. A $25,000 cashier's check is required to register to bid, and will be refundable to unsuccessful bidders. The successful bidder must increase their deposit to a total of 10% at the time and place of auction by way of a personal check. A 10% Buyer's Premium will be added to the bid price to become the total Purchase Price. The Personal Representative of the Estate has the right to accept or reject the high bid.
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