$225,000

BANKRUPTCY REAL ESTATE AUCTION - PARCEL 1 Online auction opportunity to purchase a three-bedroom, two-and-a-half-bath home located at 5734 Osprey Watch Court in the McAlpine Glen neighborhood of East Charlotte. Situated at the end of a cul-de-sac, this two-story residence was built in 2003 and offers approximately 1,302 square feet of finished living area on a 0.196± acre lot, according to Mecklenburg County tax records. The home features a covered front entry, attached one-car garage, 120-square-foot concrete patio, and HVAC with gas heat. The interior presents an opportunity for renovation and improvement, with deferred maintenance that includes worn flooring and visible ceiling water staining in portions of the home. Prospective purchasers should review all available photographs and due diligence materials and are strongly encouraged to personally inspect the property prior to bidding. Mecklenburg County identifies the property as Parcel ID 10927431 with N1-A zoning. The 2026 Mecklenburg County assessed value is $302,200. County GIS information indicates the property is outside the regulated FEMA floodplain and outside identified water-quality buffers. This property is being offered in conjunction with the adjacent residence at 5738 Osprey Watch Court. The two properties will be offered individually and combined, providing bidders the opportunity to purchase either residence or both properties together. The sale is being conducted in connection with proceedings before the United States Bankruptcy Court for the Western District of North Carolina, Case No. 24-31048. THIS IS AN AUCTION. The $302,200 value displayed is the 2026 Mecklenburg County assessed tax value and is provided for MLS syndication purposes. It is not a listing price, asking price, minimum bid, reserve price, or representation of current market value. The property will be sold through a competitive auction process, and bidding may result in a purchase price above or below the assessed tax value. The sale is subject to Seller confirmation and applicable approval of the United States Bankruptcy Court. The property is selling AS-IS, WHERE-IS with all faults, with no financing, appraisal, inspection, or other contingencies. The sale is subject to Seller confirmation and applicable approval of the United States Bankruptcy Court. Prospective bidders should review the complete auction terms, purchase agreement, and available due diligence materials prior to bidding. AUCTION DATE: Online bidding begins September 16, 2026 and begins ending Wednesday, September 23, 2026 at 2:00 PM EDT. PROPERTY INSPECTION/PREVIEW: Wednesday, September 16, 2026 from 1:00 PM to 3:00 PM Saturday, September 19, 2026 from 1:00 PM to 3:00 PM