Real Estate Auction – Mariner’s Pointe Resort

Fairfield, TN (Cumberland County)

Real Estate Auction – Mariner’s Pointe Resort
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Asking Price: $2,300,000

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Real Estate Auction – Mariner’s Pointe Resort

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Real Estate Auction – Mariner’s Pointe Resort

Real Estate Auction – Mariner’s Pointe Resort
109 Mariners Pointe Dr, Crossville, TN 38555

Mariner's Pointe Resort was previously a time share property with 47 condos in four buildings. Property contains meeting rooms, indoor spa, fitness center, outdoor pool, 18-hole miniature golf course, marina building with floating dock, laundry and housekeeping building all situated on 18.52+/- ac.

The property encompasses about 2,000' of shoreline on the unique Cumberland Plateau, overlooking the 230-acre Holiday Lake. There are seven buildings for occupancy on the Resort campus, with 63,235+/- sf of climate-controlled space. The Resort is located only 4 miles from I-40 via a newly constructed 5-lane access road. The property, originally developed in 1968 as a country club, was reconstructed and expanded with new development as a timeshare resort destination in 1981. The Resort was a significant location for the 1989 movie "Tennessee Waltz", featuring Julian Sands, Ned Beatty, Rod Steiger, and Stacy Dash. . . On Lake Holiday’s shore, there are two 6-unit (1983 & 1985) and one 8-unit (1988), 2-level frame buildings totaling 21,121+/- sf, containing twenty 2 bedroom condominium units of 1,111+/- sf each, with docking for each unit.

The Marina building (1987) contains 1,562+/- sf, plus a covered fishing pier. The Marina serves a floating aluminum dock with 12 slips near the electronically controlled, gated access ramp into the lake. The Marina area accesses the 1000’ boardwalk, which takes you past the 18-hole lakeside, championship miniature golf course, to the beach activity area, containing approx 500' of shoreline.

The Resort Laundry & Housekeeping building provides laundry services to the Resort residents with 40#, 55#, and 75# Continental Commercial washers of current vintage. Other amenities at the Resort include lighted tennis

Suggested uses include an apartment community, retirement community, condominium complex, and/or multiple other uses.

Nominal Opening Bid: Sells to the highest bidder at auction above $1,000,000
Open to the Public: 11-2pm Friday October 26, November 9 and one hour prior to auction.
Auctions: 12pm, Thu Nov 15 on site or bid live from anywhere at
TN Dean C. Williams RE LIC 00287618; Williams & Williams RE LIC 00257408; Thomas Barnes AUC LIC 5125; Williams & Williams AUC LIC 00002215

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