MILTON — On Thursday, Nov. 21, the world-renowned “Bit-N-Heaven Stables” will be sold at Absolute Auction. This impeccable equestrian estate, located minutes from I-10, will sell regardless of price, no minimums and no reserves. The auction will be conducted by The National Auction Group, Inc. of Gadsden, Ala.
Surrounded by about 27 picturesque acres of rolling green pastures and miles of vinyl fencing, this first rate breeding and quarantine facility is an equine showplace.
The focal points are the 12 Morton buildings, which include living quarters for a trainer, two stables, lighted indoor arena with observation deck, outdoor arena, shelters and veterinary lab. Located off Highway 4 in the Pensacola Metropolitan Area, the income-producing property also has a helipad, tack store, paddocks, hot walker, digital scales and two stocked ponds.
A spacious, three bedroom, ranch-style home overlooks this unique property. The home has a living room with fireplace, kitchen with granite countertops and stainless steel appliances, and a large bonus room with wet bar. A swimming pool and hot tub provide a tranquil place to relax and savor the scenery. Bit-N-Heaven stables provide endless possibilities as a veterinary clinic, boarding facility or training rehabilitation complex. This first rate estate is versatile and will provide years of enjoyment and possibly sustained income depending on use.
Also at auction is an estimated 37-acre prime Coastal Bermuda hay field with a Trinity equipment barn, shelter and pasture land. This acreage is located approximately one mile from Bit-N-Heaven Stables on Highway 4 and could be used to add operational acreage.
The auction will be held at 3 p.m. Nov. 21 on site at Bit-N-Heaven Stables, 7550 Highway 4 in Jay. Registration will begin at 2 p.m. In order to register, bidders will be required to bring a personal check, business check or certified funds in the amount of $50,000 for the Equestrian Estate and/or $10,000 for the 37+/- acre tract. These funds are immediately returned if you are not the successful bidder. Buyers wishing to close on auction day will receive a 1 percent discount off their successful bid. Onsite bidding will be offered as well as phone bidding for all properties. Brokers representing buyers will be paid a commission subject to broker participation guidelines. Call for details 800-445-6597.
More information including more information about the property can be found on the auction company’s website at www.NationalAuctionGroup.com.