AUCTION Twelve Oaks - Gone With The Wind Antebellum B&B/Events Venue

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Features
Address:
2176 Monticello St SW
Covington, Georgia 30014
United States

Reserve: 1,000,000.00 USD
Square Area: 10,000 Sq. Ft (929 Sq. M)
Acres: 3.00
Bedrooms: 12
Bathrooms: 12
Half Bathrooms: 1
Auction Ends: 07-25-2019 02:00 pm
Amenities:
General Features
» 3+ Car Garage
» 3+ Fireplaces
» Controlled Access
Home Features
» Deck/Patio
» Hardwood Floors
» Spa/Hot Tub
» Wine Cellar
Description
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 TargetAuction.com 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.

This property is also income producing! There are three special operating permits already in place. Within just six years as a bed and breakfast, it won Top 10 Inns in the US and Southern Living’s Best of the South in 2018. As an event venue, it won Best of the Knot and the WeddingWire Couples Choice Award. There is also a third permit in place as a historic site to offer tours. With its tie to “Gone with the Wind” and to at least 15 other movies filmed at the mansion along with its designation as one of the top antebellum sites in Georgia, it could easily draw hundreds per day. Fourth, the property averages one to two movie or TV show contracts per year and also provides accommodations for cast. Or just live out your Scarlett and Rhett fantasy by living there.
Some furnishings may be purchased separately. Take it from Rhett Butler, “Take a good look my dear. It's an historic moment you can tell your grandchildren about.”

• Built in 1836
• Completely renovated in 2017
• 12 Bedrooms, 12 1/2 exquisite baths
• 10,000± square feet with porches, gardens
• Gorgeous pool with historic gazebo complete with chandelier
• Massive deck with pergola for large events
• Chef's dream kitchen
• Hardwood floors throughout (apart from bathrooms)
• 12 fireplaces with remote controls
• Beautiful chandeliers and period lighting throughout
• Grand dining room can seat up to 40 with additional tables
• Formal Parlor
• 4 car spacious carriage house
• 11 foot ceilings throughout
• Captain's Walk with amazing views
• 3 laundry rooms
• Fire sprinkler system throughout
• Lots of exterior lighting
• Intercom system
• Tesla and Copper Creek charging stations for car and golf carts
• Covington streets are golf cart legal
• Three blocks to historic town square
• 30 miles east of downtown Atlanta
• Covington is known as the Hollywood of the South

AUCTION INFORMATION

Auction: Online Bidding begins Thursday, July 4th at 2:00 p.m. ET and Live Auction (at the property) Thursday, July 25th at 2:00 p.m. ET.

Bidding: All bidding is by the dollar.

Buyer’s Premium: A 10% Buyer’s Premium will be added to the final bid to determine the Total Contract Price paid by the Purchaser.

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. Please call for details 800-476-3939.

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 Compensation: Buyer Brokers are welcome. Please see the Broker Compensation Form under this property’s Documents tab.

Open House Events: An auction representative will be available for property tours by appointment only on July 13th, 14th, 20th, 21st, and 24th from 10:00 a.m. through 3:00 p.m. ET. Please call 800-476-3939 to schedule your appointment.

Broker Participation Welcome. 10% Buyer’s Premium.
Dewey Jacobs, GAL #359070

See the attached link for further details:

Website: https://www.targetauction.com/events/detail/the-twelve-oaks-bed-breakfast-in-covington-ga-bw38720

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