Upcoming Auction
Grant County, WI
6.37 Acres M/L
7281 State Road 133
Potosi, WI 53820
| Price | |
| Listing | #18122 |
Property Info
Description
Mark your calendar for an unparalleled opportunity to own a stunning residential property in Grant County, Wisconsin, available through an Absolute, No-Reserve, One-Time Sealed-Bid Auction on Wednesday, March 26, 2025. Peoples Company is excited to present this extraordinary home, perched above the majestic Mississippi River, offering sweeping million-dollar views from the living room, back deck, and expansive backyard. Currently operating as a highly successful Airbnb, the property has generated over $20,000 annually, making it a fantastic turnkey investment with immediate earning potential.
Constructed in 1981 using the finest western red cedar, this meticulously maintained residence beautifully blends rustic charm with modern conveniences. Accommodating up to six guests, the home features two well-appointed bathrooms, a cozy indoor gas fireplace, custom cherry cabinetry, and central heating and air conditioning for year-round comfort. Recent updates, including brand-new flooring throughout, ensure the interior remains fresh, welcoming, and move-in ready.
The property’s exceptional outdoor amenities elevate its charm and provide endless opportunities for relaxation and entertainment. Imagine gathering with family and friends around the firepit on cool evenings, enjoying the tranquil views and cozy atmosphere. The expansive backyard offers the perfect space for outdoor dining, games, and enjoying the natural beauty of the surroundings.
The property’s exceptional outdoor amenities elevate its charm and provide endless opportunities for relaxation and entertainment. Imagine gathering with family and friends around the firepit on cool evenings, enjoying the tranquil views and cozy atmosphere. The expansive backyard offers the perfect space for outdoor dining, games, and enjoying the natural beauty of the surroundings.
Modern features like an EV Level 2 charger and 200-amp electrical service ensure convenience and functionality for today's lifestyle. With most of the furnishings included, the home is move-in ready, providing immediate comfort while also offering the flexibility to personalize the space and make it your own. Whether hosting family gatherings, relaxing weekends, or enjoying time with guests, this property is designed for making lasting memories in a picturesque setting.
This is a once-in-a-lifetime opportunity to own a rare gem in a highly sought-after location. Whether looking for a stunning primary residence, a lucrative investment property, or both, this home is ready to deliver on every front.
Don’t miss this rare opportunity to own a serene retreat or income-generating property with unparalleled views of the Mississippi River! Please contact the listing agent for additional details.
The property will be offered on a whole dollar basis via a One Chance Sealed-Bid Auction. Bids are due on Wednesday, March 26, at or before 10:00 AM and must be submitted to Adam.Crist@PeoplesCompany.com.
Open House Date:
Saturday, March 8th, from 9:00 a.m. to 12:00 p.m.
Legal Description
Part of the NW1/4 SW1/4 of Section 6, Township 2 North, 3. West, Grant County, Wisconsin. Exact legal to be taken from Title Commitment.
Directions
From Potosi, Wisconsin: Travel northwest toward State Road 133. Turn right onto State Road 133. The property will be on the left (west) side of the road. 7281 State Road 133 Potosi, Wisconsin, 53820. Look for the Peoples Company sign.
- Sign On Property: Yes
- Parcel Number: 052-01035-0000
- School District: Potosi School District
- General Area: West of Potosi, Wisconsin
- Net Taxes: $2,941.50
- Zoning: Residential
Interactive Map
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Auction Details & Terms
Absolute, No-Reserve, One-Chance Sealed-Bid Auction
Grant County, Wisconsin
6.37 Acres M/L
Grant County, Wisconsin
6.37 Acres M/L
Bid Deadline and Time: Wednesday, March 26, 2025, on or before 10:00 AM CST.
BID SUBMITTAL PROCESS AND DEADLINE:
To request a sealed bid packet, please email Adam Crist at Adam.Crist@PeoplesCompany.com or contact him by phone at (608) 482.1229. Bids should be for the whole dollar amount. Peoples Company will notify the successful high bidder on or before 12:00 pm CST on Thursday, March 27, 2025, of the Seller's acceptance of a bid. The seller reserves the right to accept or reject any bids at their sole discretion. Upon Seller's confirmation of an acceptable bid, the Bidder will execute a Real Estate Sale Contract that will be signed and accepted by Sellers.
Deliver, Mail, or Email Bids To:
Peoples Company
Attn: Adam Crist
207 High Street
Mineral Point, WI 53565
Adam.Crist@PeoplesCompany.com
Auctioneer & License Number: Jesse Meyer - No. 2652-52
Peoples Company
Attn: Adam Crist
207 High Street
Mineral Point, WI 53565
Adam.Crist@PeoplesCompany.com
Auctioneer & License Number: Jesse Meyer - No. 2652-52
Agency: Peoples Company and their representative are Agents of the Seller.
Method of Sale: The property will be sold as one tract through a One-Chance Sealed Bid Auction. The format encourages bidders to submit their highest and best offer in writing, as there will be no live bidding or additional rounds of bidding for the property. In the unlikely event there are two or more bids for the exact same amount, each party would then be asked if they wish to raise their bid until concluded.
Earnest Money Payment: An earnest money payment of 10% of the purchase price will be due within 24 hours of acceptance and notification of a successful offer. The earnest money payment may be paid in the form of a check or wire transfer. All funds will be held at Tri-County Title Services, LLC.
Financing: The sale of the property is not contingent upon the Buyer obtaining financing. All financing arrangements are to have been made before bid submission. By bidding, the bidder makes a representation that he/she has the present ability to perform at the bid price and will fulfill all obligations within the Real Estate Sale and Purchase Agreement.
Closing: Closing will occur on or before Wednesday, April 30, 2025. The balance of the purchase price will be payable at closing in the form of a wire transfer.
Possession: Possession of the property will be given at Closing.
Contract & Title: The successful buyer will enter into a real estate sales contract and deposit the required earnest money payment with Tri-County Title Services, LLC. The Seller will provide a current title commitment at their expense. The sale is not contingent upon Buyer financing.
Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an “As is – Where is” basis with no warranties, expressed or implied, made by Peoples Company or Seller. Peoples Company and its representatives are agents of the Seller. The winning bidder acknowledges that they are representing themselves in completing the auction sales transaction.
Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. The buyer should perform his/her investigation of the property before bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from the title commitment.
Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. The buyer should perform his/her investigation of the property before bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from the title commitment.
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