NEW 2026 TERMS PLEASE READ:
AUCTIONEER or REPRESENTATIVE reserves the right to BID on behalf of owner up to private or published reserves. Hibid allows AUCTIONEER to see all MAXIMUM BIDS. All items are sold with reserves unless otherwise advertised differently.
Real Estate Terms:
Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer�s premium will be added to the high bid to establish the total sales price. US currency cash or approved check. The balance is to be paid in full at the deed closing. By bidding you are entering into a binding agreement.

M&M Title will be conducting the closing. Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Closing to occur on or before June 29th, 2026.

The contract will not be contingent upon financing, inspections or any other contingencies.

Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).
All properties are sold �AS IS, WHERE IS and WITH ALL FAULTS�, without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder�s behalf. All measurements, square footage & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**

Thank you for participating in this Powell Auction & Realty LLC Online Auction.
It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold �AS IS, WHERE IS and WITH ALL FAULTS�, without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder�s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.

New Bidders, please Pre-Register, we will have to approve you to Bid!

508 Skiatook Court � Loudon, TN 37774 ONLINE ONLY REAL ESTATE AUCTION Stunning Basement Ranch Home in Prestigious Tellico Village � Approximately 3,440 SF Finished BIDDING BEGINS TO CLOSE: Thursday, May 28th at 12:00PM � Noon (ET) OPEN HOUSE: Tuesday, May 26th from 2:00PM � 4:00PM (ET) This remarkable four-bedroom, two-and-a-half-bathroom basement ranch home offers an exceptional combination of spacious living, thoughtful design, and the unparalleled lifestyle of prestigious Tellico Village. Spanning approximately 3,440 finished SF � with 2,144 SF on the main level and additional finished space in the basement � the home also features 848 SF of unfinished basement space, including a large storage room and an oversized workshop area. Whether you�re seeking a full-time residence or a stunning retreat, this home delivers on every front. Main Level � 2,144 SF: The heart of the main level is a large, open great room showcasing soaring cathedral ceilings and a seamless flow between the living room, dining area, and kitchen � all graced with gorgeous hardwood floors extending through the living room, kitchen, hallway, dining area, and sitting area. A sitting area bathed in natural light rounds out this spectacular open living space. The kitchen is exceptionally appointed and features: Large island with bar seating Large pantry Hardwood floors The main level master suite features a tray ceiling and a luxurious jack-and-jill style en-suite bathroom shared with the adjoining guest bedroom, including: Two vanities plus additional makeup vanity desk Jetted soaking tub Walk-in shower Linen closet Walk-in closet Additional main level features include: Guest bedroom with large closet Small guest bedroom with doors leading to the lovely approximately 12' x 24' sunroom/enclosed porch Guest bathroom with walk-in shower Mudroom/laundry room with closet and laundry sink Oversized two-car attached garage Basement: The finished basement space offers tremendous flexibility and includes: Bedroom Full bathroom with walk-in shower Large recreation room with access to the lower patio Large storage room Mechanical room and additional storage room Oversized workshop area � a rare and exceptional bonus for hobbyists or those needing dedicated workspace Additional Home Features: Kinetico water filtration system Irrigation system Tellico Village � A Premier Active Adult Community: This home is nestled within the renowned Tellico Village, a premier master-planned active adult community situated on the shores of Tellico Lake in Loudon and Monroe counties, Tennessee � just a short drive from the breathtaking Great Smoky Mountains. With over 7,300 residents, Tellico Village is celebrated for its resort-style amenities and unmatched quality of life, including: Three championship golf courses Yacht club Large wellness center Stunning Tellico Lake access for water enthusiasts The Opportunity: This exceptional home combines the spaciousness and quality of a well-appointed residence with the tranquility and amenities of one of Tennessee�s most sought-after communities. Whether you�re drawn to the water, the mountains, the golf courses, or simply the lifestyle that Tellico Village affords, this stunning basement ranch home is the perfect place to call home. Loudon County Parcel / Tax ID: 034N A 013.00 Yearly Property Taxes: $1,766.53 � Loudon County only HOA Dues: $181.53 per month Lot Size: 0.37 +/- acre Year Built: 1998