Lot # : 36 - Utah Real Property -20 Acre -Candlelight Cave/Mine

Online Only Auction
Utah Real Property -20 Acre -Candlelight Cave/Mine
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High Bid: 15,100.00 USD
80 Bids
Time Remaining: 14d 17h 27m - Monday 12:56 PM
Soft Close
Local Pickup Only
HUNTSVILLE, UT 84317
Date(s)
3/2/2026 - 5/4/2026
Auctioneer Information
Catalog
Google Maps Location

Bidding Notice:

Full payment due within 5 business days. Payment for Property balance must be made by guaranteed funds ONLY. Wire Transfer, Cashiers Check, Cash. 10% Buyer's Premium on final hammer price -- $695 Documentation fee for transfer and recording. Properties are sold as is, where is. Locations and Legal Descriptions are listed in each Auction description. Please review property description. Buyer to ... Show More

Auction Notice:

Earnest Money deposit is due within 24 hours of auction close. Buyer to verify all information. It is recommended that perspective buyers conduct their due diligence including in person visit to the properties. Please EMAIL or TEXT with questions. foreclosures@tfauctions.com or 801-414-8817 - Office hours are limited to closings only.

Information
Lot # 36
Group - Category Real Estate - Commercial Properties
Lead Utah Real Property -20 Acre -Candlelight Cave/Mine
Description
Utah Real Property - Fee Simple, Absolute Sale. **CONTRACT - CONSIGNMENT - NO RESERVE 20 acre lot in Utah County, Utah. Just outside the Eureka Mining District. Accessible by well maintained county dirt road. Property contains an old silver mine, which when developed, intersected a natural cave system. The property was nicknamed "candlelight Cave" in the 1960s by cavers who noted all of the old miners candles present in the workings. Significant silver deposit with a large cave system within the mine workings. One of a kind. Legal Description: Candlelight Property - Twenty (20) acres Serial ID: UT106765113 Utah County, Utah Address: SEC14/23 T09S, R02W, Salt Lake Meridian. Acres: 20 100% MRO 2025 Assessment (taxes): $200 2024 Private Assessment: $200,000.00 Absolute sale of real property. Immediate Minimum Deposit of $5'000 due within 24 hours of auction closing. Please view all terms and condition of the auction and be prepared to abide. All perspective buyers are advised to conduct their due diligence, including in person visit to the properties. Real property, being sold unencumbered with no liens or back taxes. Fee simple transfer. If you are UNCLEAR on ANY aspects of ownership of real property, MRO, SRO or purchase thereof, it is RECOMMENDED that you SEEK LEGAL ADVICE before registering or bidding. Properties are sold as is, where is. No other warranties or representations. 10% Buyer's Premium $695 Documentation/Closing fee. Warranty Deed Available for $1795
Name 2026 Q1 Land & Property Auction-OR-ID-UT-AZ-CO-NM-MT-NV
Auctioneer
Terra Firma Auction Services
Type Online Only Auction
Date(s) 3/2/2026 - 5/4/2026
Auction Date/Time Info
Auction will begin Monday, March 2nd, 2026 at 9:00am (MST). Auction will end on Monday, May 4th, 2026 starting at 12:00PM (MST). Each lot will soft close. Please EMAIL or TEXT with questions. "foreclosures@tfauctions.com" or 801-414-8817 - Office hours are limited to closings only.
Preview Date/Time Perspective Bidders/Buyers may visit properties by appointment from 03/02/2026 until 05/02/2026. Contact auctioneer for appointments. Seller is not responsible for access, weather or other impediments.
Checkout Date/Time Earnest Money deposit is due within 24 hours of auction close. Request for payment will be sent to the winning bidder's email on file. Failure to meet this deposit will result in forfeiture of bid and item will be offered to next bidder. Full payment due within 5 business days from the end of the auction. By Monday, May 11th, 2026 at 4:00PM MST. NO EXCEPTIONS.
Location
7355 South 200 East
HUNTSVILLE, UT 84317
Buyer Premium 10% buyers premium on hammer price.
Description
Consignment Properties have been brought for maximum exposure, NO RESERVE auction. Clear title and current taxes. **CONTRACT - CONSIGNMENT - Absolute Sale - No Reserve. TERRA FIRMA AUCTIONS is contracted to liquidate consigned, distressed and foreclosed assets for our clients. All AUCTIONS are presented with NO RESERVE. Properties will be sold at hammer price. Properties located in Oregon, Nevada, Idaho, Utah, Montana, Colorado, Oklahoma, Arizona and New Mexico Please review ALL DESCRIPTIONS and terms prior to bidding. We can NOT provide LEGAL or INVESTMENT advice. It is the RESPONSIBILITY of the BUYER/BIDDER to conduct their DILIGENCE on all properties. PLEASE REVIEW THE LEGAL DESCRIPTION of each property. This will answer most all questions. If you are unfamiliar with REAL ESTATE transactions, any TERMS or ASPECTS of the SALE, you are advised to SEEK LEGAL ADVICE before registering or BIDDING. Please EMAIL or TEXT with questions or inquiries. foreclosures@tfauctions.com or 801-414-8817 Offices are open for calls on closing days only. Our auction showcases unique properties across the western states. Residential, Commercial, Land, SRO, MRO and more. Auction lots presented are distressed Asset Sales, Foreclosures, or other Forced Liquidations. All properties have been PROFESSIONALLY SURVEYED and sold with CLEAR TITLE. NO BACK TAXES, NO LIENS or other encumbrances. Properties are sold FEE SIMPLE ABSOLUTE. 100% ownership of the property described. We provide quick turn-around on deeds and documentation. Most closings are processed and titled to the new owner in less than thirty (30) days. Please review all descriptions and legal information on each lot. These descriptions will detail the property to be sold. Properties are sold AS IS, WHERE IS. No other warranties or representations of condition. Please view ALL images for representation. 10% Buyer's Premium on FINAL hammer price. ALL Real estate transactions INCUR a $695 Closing/Documentation fee for transfer and recording. Fee includes up to 2 owners or one business on title. Additional owners may incur additional fees. Ownership is transferred via Quit Claim Deed. Special Warranty deeds are available for $1795 per property. It is the buyers responsibility to conduct their due diligence prior to any bidding, including "in person" visit to the properties. Map links to property is included in auction links for each property.
Bidder agrees to comply with these Terms & Conditions defined below as a prerequisite for Auctioneer's acceptance of the Bidder's Registration and Bid Card ID. Bidders with NEGATIVE scores and UNPAID auctions will be REMOVED. ZERO Feedback or NEW HiBid registrations will have bids limited until IDENTITY is VERIFIED. Properties will only be sold to clients with valid United State citizenship. The total amount due will be the final 'hammer' price plus the buyer premium (10%). There is a $695 documentation/closing fee per Real Estate auction lot. If you are unfamiliar with real estate transactions, real estate terms or any aspect of sale, It is recommended that you SEEK LEGAL ADVICE before registering or BIDDING. Prior to bidding, each bidder is advised and responsible to conduct an independent due diligence to ascertain characteristics, attributes and condition of the property. Failure to conduct diligence activities shall not constitute a waiver of any sort. PAYMENT: All payments in GUARANTEED funds only. Wire Transfer, Certified Bank Check or Cash. Real property transfer, we CANNOT accept Credit Cards, Venmo or PayPal for Real Property. An earnest deposit is required for each lot at closing. Bidding will have one (1) business day to make deposit by Wire Transfer or Certified Bank Check or cash. Required deposit is $5000 per lot. Email statement with payment instructions will be sent to winning bidder at the close of the auction. FULL Payment is DUE within FIVE(5) business days of Auction Closing. No Exceptions. If you cannot meet this requirement please do not bid. All Title Closings and Recordings are executed by our staff in house. Deeds in less than 30 days in most cases. Earnest deposit is NOT refundable. If bidder fails to submit remaining balance due within 5 business days the earnest deposit is forfeit with no refunds or credits. The Earnest deposit will be accompanied by a non-contingent Purchase Agreement. Any bids or earnest money deposits are considered acceptance of aforementioned Purchase Agreement. 100% full Interest and ownership of the properties as described in each auction will be transferred to the winning bidder upon receipt of payment. This is FEE SIMPLE, ABSOLUTE INTEREST transfer. Free and clear title of described property shall be given by a standard quit claim deed free and clear of any encumbrances and liens. Special Warranty deed is available for $1795 on any property. TERMS and FEES: High bidder will receive deed(s) to the property as described in auction upon full payment, subject to clearing of funds. A 10% buyer premium will be applied to the hammer price. A $695 Documentation fee is added to each lot sold. CLEAR and UNENCUMBERED TITLE of ownership will be transferred by Quit Claim Deed. Special Warranty Deed is available for an additional $1795.00. By registering and bidding on this auction, the bidder agrees to receive text messages and email, that are directly related to Terra Firma Auctions. We do not sell any information. Your information will be kept confidential. CONDITION AND DILIGENCE: All properties are sold in "AS-IS" condition with all faults and defects and without warranty or guarantee of any sort. TRANSFER OF OWNERSHIP. Conveyance of properties is completed by the Terra Firma Closing staff via registered and recorded Quit Claim Deed. By registering for auction, Bidder authorizes Auctioneer to act as Bidder’s agent to complete any closing documents, or any corrective documents thereafter. For each Lot, Bidder must specify the Deed Transfer Information. Should the Bidder fail to specify Deed Information within 10 business days after payment of balance, Bidder authorizes Auctioneer to convey each Lot using the Bidder’s name and address as registered in the auction.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 10,000.00 10.00 USD
10,000.01 - 50,000.00 100.00 USD
50,000.01 - 100,000.00 500.00 USD
100,000.01 - 500,000.00 1,000.00 USD
500,000.01 - 1,000,000.00 1,500.00 USD
Currency USD
Buyer Premium 10% buyers premium on hammer price.
Payment Terms
All payments in GUARANTEED funds only. Real property transfer, we CANNOT accept Credit Cards, Venmo or PayPal for Real Property. CASH, WIRE TRANSFER or CERTIFIED BANK CHECK ONLY. Invoices must be paid by guaranteed funds (Wire Transfer, Certified Bank Check, Cash). FULL Payment is DUE within FIVE(5) business days of Auction Closing. NO EXCEPTIONS. If you cannot meet this requirement please do not bid. All Title Closings and Recordings are executed by our staff in house. Deeds in less than 30 days in most cases. An Earnest money deposit is required for each lot at closing. This earnest deposit may be paid with guaranteed funds (wire transfer, cash or certified check) and is $5000 per property. Email statement with payment instructions will be sent to winning bidder for the earnest money deposit and must be paid within 24 hours of auction close. Earnest money deposit is NOT refundable. If bidder FAILS to submit BALANCE due within 5 business days the EARNEST DEPOSIT is forfeit with NO REFUNDS or CREDITS given. The Earnest Money deposit will be accompanied by a non-contingent Purchase Agreement. Any bid or earnest money deposit are considered acceptance of aforementioned Purchase Agreement. This is fee simple, absolute transfer. Free and clear title shall be given by a standard quit claim deed free and clear of any back taxes, encumbrances or liens. Special Warranty deed is available for $1795.00 per property
Terra Firma Auction Company will process all closings and deed preparation. In most cases deeds can be processed in less than 30 days. For each Lot, Bidder must specify the Deed Transfer Information. Should the Bidder fail to specify Deed Information within 10 business days after payment of balance, Bidder authorizes Auctioneer to convey each Lot using the Bidder’s name and address as registered in the auction. Deed will be executed same business day that full payment is cleared. It is the bidders responsibility to verify that all information is validated.