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Greenbrier County, WV

Real Estate Auction
Riverside Farms
1,885± Acres Offered in 24 Tracts

Thursday, May 30, 2013 at 5:00 PM
Sale Site is the National Guard Armory beside Greenbrier Valley Airport in Lewisburg

Auctioneers will be on site for Open Houses on Saturday, May 18; Sunday, May 19;
Sunday, May 26 and Monday, May 27 from Noon to 5:00 PM or by appointment.
Auctioneers will be on Tract 16.

Tracts range from 52 Acres to 144 Acres

Riverside Farms, Inc.

A perfect combination of open and wooded land
with unsurpassed views from every tract!

The main house has 8 bedrooms, 7 baths, a large eat-in kitchen with adjacent dining area, an all glass sitting area with views over the entire farm, 2 attached garages for multiple vehicles, an indoor swimming pool with his and her baths and a lower level sitting area with access to the patio. You must visit this fabulous home and take in the breathtaking views from every window.

Seldom does the opportunity arise to purchase such a wonderful property at auction. With 1,885± acres of contiguous land, Riverside Farms is a true West Virginia jewel. Located only minutes from the historic town of Lewisburg and the world renowned Greenbrier Resort, this farm offers rural living at its best with the short commute to the amenities of Lewisburg. The property boasts a perfect combination of open and wooded land with unsurpassed views from every tract. If you have ever considered a beautiful farm or mountain getaway, this property is for you. Don’t miss this auction!

View Across Tracts 7 & 8


 

  • ._00_104_2003
  • ._00_104_2033
  • 104_2003
  • 104_2014
  • 104_2027
  • 104_2028
  • 104_2029
  • 104_2031
  • 104_2032
  • 104_2033
  • 104_2034
  • 104_2035
._00_104_2003
 


Tract Descriptions:


Tract 1: 52.57± acres – Hwy 12 frontage, open land, creek frontage
Tract 2: 52.37± acres – Board fence, Hwy 12 frontage, creek
Tract 3: 54.72± acres – Tremendous elevated building site, views, wooded and open land
Tract 4: 57.92± acres – Great combination of open and wooded land with big views
Tract 5: 77.73± acres – Pond, fenced open land, creek
Tract 6: 57.36± acres – Great building sites, mostly open land
Tract 7: 68.29± acres – Barn, horse or cattle paradise
Tract 8: 77.17± acres – Open land, excellent grazing
Tract 9: 62.07± acres – House, barns, sheds, pens
Tract 10: 74.54± acres – Open land with fences, views, and incredible building sites
Tract 11: 63.88± acres – Open and wooded land, fenced
Tract 12: 93.07± acres – Road access from the farm and Muddy Creek Mountain Road, great mountain tract with views of the whole farm
Tract 13: 126.61± acres – Wooded land with developed spring
Tract 14: 65.60± acres – Barn, open land, fenced, views, views, views
Tract 15: 55.75± acres – Big views down the valley, open land
Tract 16: 59.57± acres – 8 BR, 7BA main house with indoor pool and garage, great views
Tract 17: 88.68± acres – Incredible knolls, open and wooded land
Tract 18: 67.96± acres – Barn, wooded and open fenced land with views
Tract 19: 64.27± acres – Open and wooded land, great hunting
Tract 20: 64.88± acres – Nice creek, views and privacy
Tract 21: 122.05± acres – Big views from spectacular building site, creek
Tract 22: 122.23± acres – Big views from spectacular building site, creek, wonderful mountain tract
Tract 23: 119.60± acres – Great mountain tract with big views, timber, hunting
Tract 24: 144.36± acres – Access off Tom Feamsteer Road. Great mountain tract at end of the road.

Tracts 17 - 23 make Wonderful Wildlife Retreats & Recreational Tracts

Boundaries are approximate on Aerial and Topo.

Directions

Directions to Property: From I-64 at Exit 161, for Alta, WV and Rte. 12 (this is the first exit west of Lewisburg, WV). Take Rte. 12 south 7.6 miles to the property on the left. Turn left on the Sam Anderson Road into the farm.

Easy commute from
Washington, D.C./ Northern Virginia
108 miles from Charleston, WV.
50 miles from Beckley, WV.
87 miles from Lexington, VA.

Directions to Sale Site (National Guard Armory, 635 Industrial Park Road, Lewisburg, WV 24901): From Exit 169, the Lewisburg & Ronceverte, WV Exit at Rte. 219. Take Rte. 219 North for 2.8 miles and turn right on Airport Road towards the Greenbrier Valley Airport. Proceed 2/10 of a mile and turn left on Industrial Park Road towards the Armory. Proceed 1/2 mile to the National Guard Armory on the left.

Documents

Information Booklet
Broker Participation Form
Preliminary Bidder Packet

For Financing Needs - Please Contact

Farm Credit & Country Mortgages
Joey Cornwell
Rocky Mount 540-483-4572 x 5912
Roanoke 540-977-5707 x 5912
ocornwell@agfirst.com

Broker Participation

Any broker actively licensed in the State of West Virginia whose agent properly registers the successful high bidder will be paid a two percent (2%) commission at settlement by the seller. Registration must be on a Woltz & Associates, Inc. Broker Participation Application form and contain the name, address and signature of agent and prospect as well as Broker’s license number and Federal Tax ID number. The form must be received in the office of Woltz & Associates, Inc. by 12:00 noon on May 29, 2013. If prospect attends preview, agent must attend with prospect. Additionally, agent must attend sale and co-register with prospect on auction day. Only the first broker to register the high bidder will be paid a commission. Agents acting as principals, on behalf of licensed real estate agents, on behalf of family members, on behalf of entities in which they hold an ownership interest or who represent prospects who have had prior contact with seller or auction company are not eligible. Only one registered bidder per agent. Click for Broker Participation Form

Basic Terms & Conditions of the Auction

  1. REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 4:00 p.m. Please bring a driver’s license for identification.
  2. TERMS OF SALE: All properties will be sold subject to seller confirmation. All confirmed sales are final. All property is sold “AS IS, WHERE IS.” Potential bidders should perform such independent inspection, investigation, inquiries and due diligence with respect to the property as they deem necessary or appropriate.
  3. ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this sale.
  4. BIDDING PROCEDURE: All tracts will be offered individually, in combination of tracts and for the entire property. Registered bidders may bid on any tract. The auctioneer will determine bid increments.
  5. BUYER’S PREMIUM: A Buyer’s Premium will be charged. The Buyer’s Premium is five percent (5%) of the high bid amount. The Buyer’s Premium is added to the high bid amount to determine the purchase price.
  6. DEPOSIT: A deposit in the amount of ten percent (10%) of the purchase price (high bid plus Buyer’s Premium) will be required on day of sale. The deposit is payable by cash, cashier’s check, or pre-approved personal check made payable to Woltz & Associates, Inc. Trust Account. Personal checks will be approved if the Buyer presents, at time of registration, a letter from its bank stating that the Buyer is a customer of the bank and that the account on which the check is drawn is in good standing.
  7. CLOSING DATE: The balance of the purchase price is due at settlement on or before July 16, 2013.
  8. POSSESSION: Possession of the property shall be given at closing.
  9. TRANSFER OF TITLE: The real estate will be conveyed by general warranty deed free and clear of liens subject, however, to any rights of way, easements, restrictions and covenants of record.
  10. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
  11. BIDDER PACKETS: Bidder Packets will be available at the previews and online.
  12. BOUNDARY LINES: Boundaries shown on aerial photographs and topographical maps, which are provided by Auction Company as a courtesy to bidders, are approximate. Bidders should refer to the surveys provided in the Bidder Packet for boundary locations.
  13. WEB SITE: Please visit www.woltz.com/791/ for additional photos and information about the property.
  14. GENERAL: The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, error, or omission is assumed by the Seller or the Auction Company.
  15. LEAD PAINT: Residential property built prior to 1978 may contain lead-based paint. A lead-paint inspection may be performed by bidders prior to the auction sale date. Applicable lead paint documents and information are available from Auction Company. Bidders will be provided a lead-paint disclosure prior to signing a real estate purchase agreement and agree to waive the ten (10) day right to inspection after the auction sale.

Contact

REALTOR, Fair Housing, NAA, CAI, VAA logosFor more information, please contact Russell Seneff (WV#1775).
Phone Number: (540) 342-3560 or 800-551-3588

 

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