KY LAKE WATERFRONT HOME W PRIVATE DOCK IN CAMBRIDGE SHORES

ABSOLUTE REAL ESTATE AUCTION
🔨 Saturday, May 9th at 2:00 PM

PROPERTY LOCATION: 64 Sylvania Terrace, Gilbertsville, KY 42044

🌊 KENTUCKY LAKEFRONT HOME – PRIVATE DOCK – TURN-KEY READY
3 Bedroom, 2 Bath Home with Finished Walk-Out Basement

Escape to lake life at its finest with this stunning waterfront retreat on Kentucky Lake! Located in the desirable Cambridge Shores community, this beautifully updated 3 bedroom, 2 bath home offers breathtaking year-round water views, direct lake access, and a private dock with covered boat slip.

This home has been extensively updated and is truly move-in ready. Features include an open-concept layout, eat-in kitchen with modern appliances, spacious living area, and a cozy vented fireplace—perfect for relaxing or entertaining. The fully finished walk-out basement provides additional living space and easy access to the outdoors.

Step outside and enjoy everything lake living has to offer with a brand-new deck, balcony overlooking the water, and a paved asphalt driveway. The property also includes a concrete pad ideal for a future garage.

PROPERTY HIGHLIGHTS
✔ Kentucky Lake waterfront property
✔ Private dock with covered boat slip
✔ 3 bedroom, 2 bath home
✔ Fully finished walk-out basement
✔ Open-concept living area
✔ Eat-in kitchen with modern appliances
✔ Vented fireplace
✔ Brand new deck & outdoor living space
✔ Paved asphalt driveway
✔ Concrete pad for future garage
✔ Located in Cambridge Shores community

RECENT UPDATES
✔ New appliances
✔ New windows
✔ New flooring
✔ Roof approximately 1 year old
✔ New fixtures
✔ New kitchen cabinets
✔ New toilets & vanities
✔ New doors & sliding doors
✔ New asphalt driveway
✔ New deck

ADDITIONAL INFORMATION
• Access basement via exterior sliding glass door and steps
• HOA fee believed to be approximately $100/year (buyer to verify)
• Access to community amenities including pickleball/tennis courts and recreation building

Don’t miss this rare opportunity to purchase a move-in ready lakefront home selling ABSOLUTE to the highest bidder!

TERMS AND CONDITIONS

PROCEDURE: The property will be offered in 1 individual tract.

BUYERS PREMIUM: A 10% Buyer’s Premium will be added to the final bid and included in the deed transaction sale price.

DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 days. The down payment may be in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

CLOSING: Closing shall take place on or before 30 days from auction date.

REAL ESTATE TAXES: All 2026 ad valorem taxes will be prorated at closing

SURVEY: The property will be sold by the deed.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.

NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.

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