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56 FOR SUPPLEMENTAL INFORMATION CALL 1-800-845-3524
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PUBLISHED RESERVE: $41,200
APPRAISAL: $68,500
SIZE: .52± Acre
ZONING: RR – Restricted Residential
PROPERTY INSPECTION: Gated Community – At Any
Time. Call Auction Information Office for access code.
FINANCING: Subject to Seller’s approval of Purchaser’s credit: A25%down payment with the balance secured
by a first deed of trust, amortized over 20 years at 6.5% interest, calling for monthly payments of principal and
interest; all due and payable at the end of five years.
DESCRIPTION: This half acre home site is located at Fawn Ridge West, one of Florence’s newer gated
communities, in the area north of the city. Florence is Oregon’s largest central coast resort and retirement
community, and Fawn Ridge West is near Heceta Beach, golf courses, a casino and the historic Old Town area
along the Siuslaw River. A total of 80 home sites have been developed in Fawn Ridge West and East, with custom
homes constructed in the $500,000 to $900,000 price range. The common areas, sidewalks, and roadways are
maintained by the homeowners’ association, with annual dues of $275 per homeowner.
The home site is located at the end of Bonnett Way. All utilities are underground. There are CC&Rs and
architectural design guidelines in place for the development. (Please see Supplemental Information Package for
details.)
LOCATION: Lot 4 – end of Bonnett Way, map 18120911, Tax Lot 500. From Highway 101 take Heceta Beach
Road to Rhododendron Drive, then south on Fawn Ridge Lane at the gated entry. Take a left on Bonnett Way,
and go to the end of the cul-de-sac to the home site.
SEALED BIDS DUE NO LATER THAN 5:00 P.M., WEDNESDAY, MAY 15, 2013
Fawn Ridge West Home Site
Florence, Oregon
Bonnett Way
Entry to Fawn
Ridge West
Rhododendron Drive
Fawn Ridge East
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