2 Mountain Homes in Mentone & 2 Lots

SOLD – For a total of $742,500


-Historic Cragsmere Manor: 6 bedrooms and 3.5 baths 

– 5 bedroom and 4.5 bath mountain home. 

Auction Results

LIVE ON-SITE AUCTION
Began: 07/31/12 at 2:00 PM CDT
Location: Lookout Mountain Parkway, Mentone, AL

 

ABSOLUTE AUCTION
Tuesday, July 31
Selling Regardless of Price! No Minimums • No Reserves

 


Registration 1:00pm  • Auction 2 p.m. (Central)

Bidder Deposit: Historic Cragsmere Manor — $25,000; Magnificent Mountain Home — $20,000; Brow View Lots — $10,000 being in business check, personal check or certified funds. Refundable if unsuccessful bidder.

Terms: 10% down payable with business check, personal check or certified funds. Closing in 30 days. Owner Financing available under the following terms: 30% down payment at 6% interest with monthly payments based on 15-year amortization with a 1-year balloon.

Auction Site: The auction will take place at the property — 17871 Lookout Mountain Parkway, Mentone.

Pre-Sale Inspection: Property is available for viewing daily by appointment from 10 a.m.
to 6 p.m. July 19-22 and July 27-31..

Broker Participation: Broker Participation welcome subject to certain guidelines.
Call 1-800-445-6597.

For More Information: Call 1-800-445-6597 or (256) 547-3434. Beginning July 19,
call on site, (256) 634-0097 and (256) 504-5201.

 


Directions
From Birmingham: Take I-59 north to Exit 224 (49th St. Exit) Turn left and drive for 0.2 mile on 49th St. Turn right onto US 11 and drive 6.5 miles. Turn right onto AL 117 and drive 4.3 miles. Turn right onto Lookout Mtn. Pkwy/Scenic Dr/CR 89 and drive for 3.3 miles to property on right — 17871 Lookout Mtn. Pkwy.

From Tennessee:
Take I-59 south to Exit 231 AL 40/AL 117 toward Valley Head. Turn left onto AL 117/AL 40 and drive 1.3 miles. Turn right onto US 11 and drive for 0.1 mile. Turn left onto AL 117 and drive 4.3 miles. Turn right onto Lookout Mtn. Pkwy/Scenic Dr/CR 89 and drive 3.3 miles to property on right — 17871 Lookout Mtn. Pkwy.


Property Description

World-Renowned
Historic Cragsmere Manor

Incredible views and quiet solitude cloak world-renowned Cragsmere Manor much as they did in the 1860s when W.N. Howell constructed a log cabin on what is now known as the scenic Lookout Mountain Parkway in Mentone, Alabama.

Acquired by former slave Ned Jackson in 1898, historic Cragsmere Manor was expanded through the years by various owners, including F.L. (Hello) Ferrell, who served in the Alabama Legislature in the late 1950s. This prestigious property has held the names of The Cragsmere Club, The Studio Tea Room and Gift Shop, and Cragsmere Manna Restaurant. Today, the private residence showcases hand-hewn log walls and fireplaces from the original structure. Nestled beneath the shady canopy of mature trees with a tranquil brow piazza, the beautifully preserved, six-bedroom home continues to be famous for its commanding vistas of the surrounding mountains and valleys.

Magnificant
Mountain Home

Located next door to Cragsmere Manor is this magnificent five-bedroom, Victorian-style home. Perched on the brow of the mountain, the stately home also is wrapped in fabulous views. Approximately 10 miles from Fort Payne, both homes are convenient to downtown Mentone’s quaint shops, art galleries and restaurants.

Property Highlights

Historic Cragsmere Manor

  • Foyer with Hardwood Floors
  • Living Room & Den with Hardwood Floors & Expansive Windows
  • Dining Room with Hardwood Floors & Wood Beams
  • Kitchen with Granite Countertops, Tile Floor, Range, Refrigerator, Microwave & Warming Drawer
  • Master Bedroom with Wood Beams & Tiled Bath
  • 5 Guest Rooms
  • 2.5 Guest Baths
  • 2 Original Fireplaces
  • Extensive Porches
  • Brow Piazza
  • Beautiful Mature Landscaping


Magnificent Mountain Home

  • Foyer with Tile Floor & Staircase
  • Living Room, Great Room, Den, Sunroom, Media Room & Dining Room, All with Hardwood Floors
  • Kitchen with Tile Countertops & Floor
  • Master Bedroom & Bath with Garden Tub
  • 4 Guest Rooms
  • 3.5 Guest Baths
  • Wrap-Around Decks
  • Professional Landscaping


Also at Auction: Brow View Lots


Andrew J. Bone, #1725

Buyer’s Premium: 10%
Buyer will receive a credit equal to 1% of the Buyer’s winning bid price ONLY if Buyer closes with cash on the day of the auction.


 

 

 

For More information call: 800-445-6597

Gallery: Historic Cragsmere Manor

Click on any image to view larger.

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Incredible Brow Views From Lookout Mountain Historic Cragsmere Manor Luxurious 5 Bedroom House Historic Cragsmere Manor Cragsmere Manor

Click on any image to view larger.

Click on any image to view larger.

National Auction Group

http://national-auction.com

644 Walnut St. Gadsden, AL 35901

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