MANY, La., Feb. 1, 2012 (GLOBE NEWSWIRE) -- Bonnette Auction Company (www.bonnetteauctions.com) Louisiana Outdoor Properties, Premier Land Division [www.LouisianaOutdoorProperties.com] announces the auction of the 120 acres and minerals in Many, La., on Saturday, March 17, 2012, at 11am local time, according to Barbara Bonnette, auctioneer, and Chris Lemoine, Managing Partner.
"This property is a sportsman's dream," said Bonnette. "The natural setting and topography with the rolling hills and densely covered woods provide an ideal habitat for deer, squirrel, turkey and duck that frequent the property. The 600 acre deer lease adjoining the property may be obtainable by the new owner, boasting some of the finest outdoor recreation in the area."
Located at 450 Botan Road, the first tract includes a beautiful four bedroom, 3.5 bath home on 20 acres with a 15 acre private lake, 458 sq. ft. boat house with two slips, 20ft. by 40ft. pool with deck, 510 sq. ft. pool house, guest house and 676 sq. ft. barn. The lake is stocked with white perch, bass and bream, and the boat house has a fish cleaning facility. This tract will also include 25 percent mineral rights in the Haynesville Shale area.
"This is a beautiful Acadian style home," noted Bonnette. "The views are unforgettable. This is a truly exceptional property and a rare opportunity to purchase."
The 3,600 sq. ft. home is one and a half stories with custom cabinetry, granite counter tops, wood floors, fire place, formal dining, study, and sprinkler system.
The second tract is 120 acres of land, with 98 acres of obtainable minerals at 25 percent share in the Haynesville Shale area. It includes 32 acres of pine plantation and 108 acres of secluded hard wood timber.
The Haynesville Shale formation underlies large parts of Southwestern Arkansas, Northeastern Louisiana and Eastern Texas. At a depth of 10,500 to 13,000 feet below the surface, the Haynesville Shale contains vast quantities of recoverable natural gas known as "shale gas."
"This is a multi-parcel auction," explained Bonnette. "The tracts will be offered in two individual tracts or as a whole property. The property will be sold in the manner resulting in the highest total sale price."
Tours of the property will be by appointment only. The auction will be conducted on-site at 770 San Antonio Avenue in Many, La. A 10 percent down payment is required on auction day, closing within 30 days. A ten percent (10%) buyer's premium will be added to the winning bid price to arrive at the total contract price paid by the buyer. For more information, visit www.bonnetteauctions.com or call Bonnette at (318) 443-6614 or Lemoine at (318) 359-2394.
Airport pickup will be available on sale day or private showing appointment from Hart Municipal Airport, Many, LA, located a quarter mile from the property.