Chautauqua Lake, NY Estate House on 30.5 Acres to be Offered at Auction

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Hanna Commercial Real Estate

An extraordinary 30.5-Acre Lakefront Estate at 2778 W. Lake Road (Route 394), Ashville, NY 14510 on Lake Chautauqua will be moving to an Open Outcry Real Estate Auction on Saturday, June 18, 2016. The Property was recently valued at over $5,000,000. However, the property will be offered at auction to the highest bidder at or above $1.78 Million. The estate, boasts 1,300 feet of lake-frontage, including a completely renovated 2,000 SF home, separate guest apartment, guest cottage, 3,000 SF storage building, dock, tennis court and breathtaking views.

Mac Biggar, President of Hanna Commercial Real Estate said, “In addition to the private residence with lake-frontage, the property also offers development potential for a 40-Home Lakefront Subdivision with cul-de-sac and lakefront properties. This is perhaps the last remaining parcel of lakefront land suitable for development on Lake Chautauqua.” Calling the Open Outcry Real Estate Auction on June 18 will be New York R.E. Broker, Gordon Greene of the Hanna Commercial Group.

The property is located on the western side of Chautauqua Lake (W. Lake Rd – Route 394), less than eight miles from the Chautauqua Institute, and two miles to Interstate 86. There are three chances to inspect the property prior to auction day. The dates are Saturdays, May 28, June 4 and 11 from 12:00 – 2:00 PM.

For a brochure on the June 18th Real Estate Auction with terms of sale and additional property information, call Cameron Price – Chartwell Auctions at 216-861-7200 or contact at: CameronPrice@HannaCRE.com.

Chartwell Auctions, Hanna Commercial Real Estate Broker & Auctioneers, with offices in Cleveland, OH; Hartford, CT; and Charlotte, NC, have conducted real estate auctions in over 39 states, four provinces of Canada and the Bahamas. Hanna Commercial is part of TCN Worldwide with Commercial Brokerage Offices in over 200 Markets throughout the U.S and Worldwide including London, New York, Washington DC, Cleveland, Chicago, Dallas, Los Angeles, Sydney, Seoul, & Beijing.