SOURCE: John Dixon & Associates

John Dixon & Associates

October 07, 2010 10:59 ET

Luxury Home Sites, Duplex, Restaurant to Sell in Bank-Ordered Georgia Auction

BRUNSWICK, GA--(Marketwire - October 7, 2010) -  Luxury home sites, a duplex and a restaurant will be among the properties selling in a bank-ordered real estate auction set for Oct. 28. John Dixon & Associates will manage the sale, which will include two sites in Phase I of The Lakes, an elite subdivision in Brunswick, Ga.

Also selling will be 49 home sites in Phase II. They will sell in six different groups. "The Phase II lots really include virtually all of the second phase of The Lakes, and we are hoping that the sale will stimulate activity there. As people see other homes starting to go up, they'll catch the vision of what a special place it's going to be, and that will be good for everybody," said John Dixon, president of the auction company.

"It's not every day you find a development like this, with ponds, greenbelts, generous lots and incredible landscaping, and this auction will provide a rare opportunity to obtain prime lots in a remarkable setting," said Dixon.

Other properties selling will be a duplex on Lee Street in Brunswick; a restaurant on Altama Avenue in Brunswick; and two lots in the Frederica Oak Subdivision in St. Simons, Ga.

"Many of these properties will sell absolute, with no minimum bid or reserve. The seller is highly motivated and realistic about current market values, so this is an excellent opportunity to get some great buys," said Dixon.

The auction will begin at 10 a.m. EDT Thursday, Oct. 28. Online bidding will be available. Individuals interested in additional information may call 800-479-1763 or visit www.johndixon.com.

John Dixon & Associates, based in Marietta, Ga., is a leading auctioneer of bank-owned properties throughout the United States.

Contact Information

  • For more information:
    Carl Carter
    205 378-9290

    Lindsay Fernandes
    205-909-3705