Twelve Oaks - Gone With The Wind Antebellum B&B/Events Venue
AUCTION - Twelve Oaks Inspiration of Gone With The Wind will be offered at a Special Auction, Thursday July 25th at 2:00pm (ET). Starting bid will be $1M and Auction will be held onsite. $10,000 cashier's check will be required to bid. Open house dates will be by appointment only, July 13th, 14th, 20th, 21st and 24th from 10:00 to 3:00 pm (ET) $2M renovation was completed in 2017. In January of this year, Chubb Masterpiece Group estimated the cost to rebuild at over $6.3M. Agents Protected - 3%. Please visit our website for more details. There are 12 large bedrooms and 12 1/2 luxurious baths along with a grand dining room, parlor, informal dining and living spaces and a chef's dream kitchen. One of the baths includes very rare antique luxury shower that is one of the only ones in the world. There are two bathtubs that cost over $14,000 each. The drop-dead gorgeous master has a morning bar, amazing architectural features, and a bath worthy of the cover of a magazine. Five chimneys and twelve fireplaces modernized with remote controls. The property sits on over 3 acres of gardens with a pool, gazebo, and pergola and with a 4-car historic carriage house. The property is in beautiful Covington, GA, (in the Atlanta Metro area) within an easy, beautiful walk to the historic town square full of shopping and award-winning dining. Covington is known as the Hollywood of the South; over 125 movies and TV shows that have been filmed there. This is an area of exceptional growth; some new businesses coming to town include a data center for Facebook and a new $1B pharmaceutical plant. Covington is conveniently located with both a regional airport within Covington and an international airport just 38 miles away. Bidder Registration Fee: A registration fee of $10,000.00 in the form of wire transfer, cashier's check or certified funds made payable to the Title Company/Closing Attorney is required to register to bid. Terms of Sale: The Contract is to be signed and returned to Target Auction Company on auction day. This is a Cash Sale with 10% down due when signing (for a live winning bidder) or by 5:00 pm ET on Friday, July 26th (for an online bidder) with the balance due at closing within 30 days. Broker Participation Welcome. 10% Buyer's Premium.
Renovation: A $2M renovation was completed in 2017 that included electrical, new HVAC, all code requirements, baths were added, the kitchen was completely renovated and more. Chubb Masterpiece Group estimated the cost to rebuild at over $6.3M.