Real Estate Auction: Crouch Farm – 72± Acres

  • Combination of pasture, hay/cropland, and nice wooded land.
  • Crab Orchard Creek winds through this picturesque farm
  • Short drive to Bedford and Lynchburg

Haywood and Sharon moved back to Huddleston after Haywood’s service in the United States Navy. His dream was to return home, farm the land, raise a family, and retire on his beloved farm. He purchased this land from his grandfather, razed the original house, and raised his family in the home he built. Haywood lived this dream to the fullest. Now their grandson will be keeping the home in the family, and Sharon is offering the remaining 72± acres for someone else to live out their dream.

Interactive Map

Additional features in full screen mode

Directions

Located just off Highway 24/43. Turn south off Highway 24/43 onto Crab Orchard Road. Turn left on Mentow Drive. Property on left where you cross the creek!

Financing

Manuela “Manny” Schabel – Loan Officer| Farm Credit of the Virginias
1356-B American Way Court | P.O. Box 1083 | Bedford, VA 24523
Office: 540.586.2188 Ext. 5812 | Mobile: 540.229.1550 | Fax: 540.586.2189
NMLS # 607336 | MSchabel@FCVirginias.com | FarmCreditofVirginias.com [farmcreditofvirginias.com] | FarmCreditKnowledgeCenter.com [farmcreditknowledgecenter.com]

 

Broker Participation

Any broker actively licensed in the Commonwealth of 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 a 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 October 22, 2020. 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.

Terms & Conditions of the Auction

  1. REGISTRATION:  Bids will be accepted only from registered bidders.  Registration begins at 10:00 AM.  Please bring a driver’s license for identification.
  2. AUCTION SALE:  The property is being sold subject to Seller confirmation of the high bid.  ALL CONFIRMED SALES ARE FINAL.   All property is auctioned “AS IS, WHERE IS” with all faults in its condition at the time of sale without recourse by way of refund, reduction of the purchase price, or otherwise.  Bidders should perform such independent investigation with respect to the property as they deem necessary or appropriate before bidding.
  3. FINANCING:  Your bidding and purchase of the property is not conditional upon financing.  Be sure you have arranged financing, if needed, and are capable of paying cash at closing.
  4. LIABILITY:  Bidders inspecting property enter at their own risk.  Auction Company assumes no risk for bodily injury or damage to personal property.
  5. BIDDING:    The auctioneer will determine all bid increments. All decisions by the auctioneer regarding bid acceptance are final.
  6. ANNOUNCEMENTS:  Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
  7. BUYER’S PREMIUM:  The Buyer’s Premium on the real estate is seven percent (7%) of the high bid amount.  The Buyer’s Premium will be added to the high bid to determine the final contract sales price.
  8. AGENCYThe Auction Company and its representatives represent the Seller.
  9. REAL ESTATE DEPOSIT:  A deposit in the amount of ten percent (10%) of the contract sales price will be required on day of sale.  The deposit is payable by cash, cashier’s check, business or personal check payable to Woltz & Associates, Inc. Escrow Account. 
  10. REAL ESTATE DEED AND CLOSING: The real estate will be conveyed by general warranty deed free and clear of liens, subject, however, to any rights of way, easements and restrictions of record.  The balance of the purchase price is due at settlement on or before December 14, 2020.
  11. TRANSFER OF TITLE TO REAL ESTATE: The real estate will be conveyed by general warranty deed, free and clear of liens, and subject to all rights, reservations, covenants, conditions, easements, rights-of-way, and restrictions of record, as the same may lawfully apply to the Property, and to all matters which would be disclosed by a survey and inspection of the Property.
  12. BOUNDARY LINES:  Boundaries on aerial photos and topo maps are approximate.
  13. GENERAL: The information contained in the brochure, on the internet or otherwise, is subject to verification by all parties relying on it.  No liability for its accuracy, error, or omissions is assumed by the Seller or the Auction Company.  The mobile home on the property conveys as is.  Seller does not have any paper work or documents on this mobile home.    

Real Estate Auction: 624± Acres Offered in 18 Tracts

The Lambert family has decided it is time to sell their Holston River property located near White’s Mill in Washington County, Virginia. This beautiful well cared for property is located in the Toole Creek area of the county and offers tons of water frontage on the North Fork of the Holston River, Toole Creek, Mitchell Branch, and Gobbler Branch. There is a lot of water that flows through this nice farm. Wildlife abounds. You name it we have seen it, and yes, we did see grouse on this farm!

Tract Acreage (±) River Frontage
1 9.023 1,047′
2 4.078 225′
3 8.082 466′
4 6.623 538′
5 6.748 589′
6 13.118 577′
7 5.686 400′
8 22.270 898′
9 15.577 661′
10 18.658 239′
11 130.378  
12 8.535  
13 83.139  
14 5.485  
15 87.300  
16 22.763  
17 134.074  
18 42.715  

Lambert Home (auction tract 10) 22374 Hampton Drive is a beautiful custom-built, 4,354 SF ranch home consisting of 4 bedrooms and 4 bathrooms, hardwood and tile flooring, 9-foot ceilings, 3-200-amp electrical services, an inground pool, and attached and detached garages.

Dr. Conrad’s former Cape Cod-style home (auction tract 12) 22290 Hampton Drive is 3,135 SF of living space with 4 bedrooms, 3.5 bathrooms, a screened porch, and attached garage.

Original Log Home (auction tract 14) 22142 Hampton Drive. This circa 1915 home has 2,028 SF of finished area and has 2 bedrooms and 1 bathroom. The home is currently rented for $400 a month.

Directions

From Abingdon, Virginia: Turn left onto Whites Mill Road, go 4.4 miles turn right onto Rich Valley Road, go 0.3 mile turn left onto Toole Creek Road, go 2.2 miles turn right onto Hampton Drive.

Financing Options

Ed Blevins
Vice President
Agricultural / Commercial Lender
P O Box 1008 Abingdon, VA 24212
Cell 276-356-3552 | Office 276-623-0128 | Fax 276-623-0510


Kristen Blevins-White
Loan Officer | Farm Credit of the Virginias
19292 Lee Hwy | P.O. Box 977 | Abingdon, VA  24212
Office: 276.628.5191 Ext. 1426 | Mobile: 276.698.9136 | Fax: 276.628.1695
NMLS # 1024033| KWhite@FCVirginias.com| FarmCreditofVirginias.com | FarmCreditKnowledgeCenter.com

 


Personal Property – Online Auction Only

Lambert personal property from house on tract 10: furniture, Kubota RTV, Polaris Sportsman 500 H.O. four wheeler and more.
Auction Closes Thursday, November 7, 12:00 NOON
Pick up Saturday, November 9 from 11:00 AM to 5:00 PM
13% Buyer’s Premium

Bid on personal property at woltz.hibid.com

 

Broker Participation on Real Estate

Any broker actively licensed in the Commonwealth of 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 noon on Monday, November 4, 2019. 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.

Terms & Conditions of Real Estate Auction

  1. REGISTRATION: Bids will be accepted only from registered bidders.  Registration begins at noon.  Please bring a driver’s license for identification.
  2. AUCTION SALE: The property is being sold subject to seller confirmation.  All confirmed sales are final.  All property is auctioned “AS IS, WHERE IS” with all faults in its condition at the time of sale without recourse by way of refund, reduction of the purchase price, or otherwise.  Bidders should perform such independent investigation with respect to the property as they deem necessary or appropriate.
  3. FINANCING: Your bidding and purchase of the property are not conditional upon financing.  Be sure you have arranged financing, if needed, and are capable of paying cash at closing.
  4. LIABILITY: Bidders inspecting property enter at their own risk.  Auction Company assumes no risk for bodily injury or damage to personal property.
  5. BIDDING: Qualified bidders may bid on individual tracts or any grouping of tracts.  The auctioneer will determine all bid increments. All decisions by the auctioneer regarding bid acceptance are final.
  6. ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
  7. BUYER’S PREMIUM: The Buyer’s Premium on the real estate is seven percent (7%) of the high bid amount.  The Buyer’s Premium will be added to the high bid to determine the final sales price.
  8. AGENCY: The Auction Company and its representatives represent the Seller.
  9. LEAD-BASED PAINT: The houses on auction tracts 12 & 14 were built prior to 1978 and may contain lead-based paint.  A lead-based paint inspection may be performed by bidders prior to the auction sale date.  Applicable lead-based paint documents and information are available from Auction Company.  Bidders will be provided a lead-based 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.
  10. REAL ESTATE DEPOSIT: A deposit in the amount of ten percent (10%) of the contract sales price is required on the day of sale.  The deposit is payable by cash, cashier’s check, or personal check payable to Woltz & Associates, Inc. Escrow Account. 
  11. REAL ESTATE DEED: The real estate will be conveyed by general warranty deed free and clear of liens, subject, however, to any rights of way, easements and restrictions of record.  The balance of the purchase price is due at settlement on or before December 20, 2019. There will be no assigning of tracts or deeds between bidders.  Tracts will be deeded in the manner purchased at the auction.
  12. BOUNDARY LINES: Boundaries on aerial photos and topo maps are approximate. Refer to the survey for exact boundary locations.
  13. GENERAL: The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, error, or omissions is assumed by the Seller or the Auction Company.

 

 

Real Estate Auction: Land and Development Opportunity – 66.68± Acres – Five Tracts

Prime Location – Salem Virginia
Blue Ridge Mountain Views – Miles of Public Road Frontage

Situated near West Club in the heart of many of Salem’s premiere neighborhoods, and conveniently located just a few minutes from Lewis Gale Hospital and downtown Salem, this 67± acre horse farm is surrounded by Upland Drive, Diamond Road, Franklin Street and Homeplace Drive Extension. The high elevation offers beautiful views of the surrounding mountains and countryside, including views of the Peaks of Otter on a clear day. This beautiful rolling tract is served by public water and sewer, natural gas, and fronts public roads along more than half of its perimeter.

Offered in tracts from 3± acres to 27± acres, this is a once in a lifetime opportunity to purchase your own mini-farm or all 67 acres for your private estate, or for a prime development opportunity.

The stately, sprawling brick home contains 6611± SF of finished living space on three levels, with 6 bedrooms and 6 ½ baths. There is additional unfinished space in the ground level utility room and upper attic, plus a large two car garage which enters into the main level. Additionally there are two other homes on-site.

Several outbuildings include a 2400± SF shop building with high ceilings, a 1920± SF equipment shed/hay barn, three horse barns with a total of 14 stalls and other associated structures.

The farm perimeter is fenced with pastures cross-fenced. There are also two riding rings.

Excellent Salem City Schools

Water and Sewer adjoins the property in multiple locations, along with Natural Gas & Cable!

For more information and a private showing contact David Boush or Boyd Temple

 

Real Estate Auction: Presbyterian Homes and Family Services now HumanKind – Zuni Campus

 

This property was the former Presbyterian Homes and Family Services facility located in Zuni, Virginia. It is comprised of 50,000± SF of building space in a campus style setting and is situated on 119± acres of land. The improvements include seven brick buildings, one vinyl sided building used as apartments and a swimming pool with attached metal building. Additional improvements include an all metal construction shop and warehouse storage building, an all metal agricultural maintenance shop and wood barn.

This property was once a group home for adults with intellectual disabilities as well as supervised independent living apartments. This campus at its peak housed 48 residents. In addition to the group housing, this property was the processing and distribution site for the “Zuni Gourmet Peanuts.” Currently most of the tillable land is being leased. The State Natural Area Preserve joins the property.

One vinyl sided and four brick apartment buildings were used for adult housing. There are brick and block buildings used as the cafeteria, a recreational hall and administration. The pond and swimming pool offered a recreational outlet for residents. Paved roads and parking are found throughout the campus. There is potential for more bed capacity under Virginia Law than was previously used by the Presbyterian Homes and Family Services and plenty of room for expansion on the 119± acres.

TRACT 1: 75± acres and campus buildings
TRACT 2: 23± acres of agricultural land with metal shop and wooden barn
TRACT 3: 21± acres of agricultural land
ALL TRACTS ARE ZONED RAC – RURAL AGRICULTURAL CONSERVATION

Directions: From Hwy 460 12 miles SE of Wakefield and 3.7 miles NW of Windsor take Yellow Hammer Road West for 1 mile. At stop sign continue straight on Thomas Woods Trail and proceed 0.6 of a mile to property on right. Address: 5279 Homegrown Lane, Zuni, VA 23898

Zuni, Virginia is only 44 miles from Norfolk International Airport and 50 miles from Virginia Beach.

Unlimited possibilities such as rehab/health care facility, substance abuse, halfway house, school, church, camp or retreat.

Improvements alone are assessed for $2,383,000. Come bid your price on this prime property!

Zoning

Isle of Wright County Zoning RAC (Rural Agricultural Conservation)

Broker Participation

Any broker actively licensed in the Commonwealth of 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 a 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 September 5, 2018. 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.

Terms and Conditions

  1. REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 1:00 PM. Please bring a driver’s license for identification.
  2. AUCTION SALE: Auction Tracts 1-3 will be sold subject to Seller confirmation. ALL CONFIRMED SALES ARE FINAL: All property is auctioned “AS IS, WHERE IS” with all faults in its condition at the time of sale without recourse by way of refund, reduction of the purchase price, or otherwise. Bidders should perform such independent investigation with respect to the property as they deem necessary or appropriate.
  3. FINANCING: Your bidding and purchase of the property is NOT CONDITIONAL UPON FINANCING. Be sure you have arranged financing, if needed, and are capable of paying cash at closing.
  4. LIABILITY: Bidders inspecting property enter at their own risk. Auction Company assumes no risk for bodily injury or damage to personal property.
  5. BIDDING: Qualified bidders may bid on individual tracts, any grouping of tracts or the Property in its entirety. The auctioneer will determine all bid increments. All decisions by the auctioneer regarding bid acceptance are final.
  6. ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
  7. BUYER’S PREMIUM: The Buyer’s Premium on the real estate is seven percent (7%) of the high bid amount. The Buyer’s Premium will be added to the high bid to determine the final sales price.
  8. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
  9. LEAD-BASED PAINT: Some of the buildings in this auction were built prior to 1978 and may contain lead-based paint. A lead-based paint inspection may be performed by bidders prior to the auction sale date. Applicable lead paint disclosures and information are available from Auction Company. Bidders will be provided a lead-based 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.
  10. REAL ESTATE DEPOSIT: A deposit in the amount of ten percent (10%) of the contract sales price will be required on day of sale. The deposit is payable by cash, cashier’s check, or pre-approved personal check payable to Woltz & Associates, Inc. Escrow Account. Personal checks will be approved if the Buyer presents a bank letter stating that the Buyer is a customer of the bank and the checking account is in good standing.
  11. REAL ESTATE DEED: The real estate will be conveyed by general warranty deed free and clear of liens and encumbrances, except for (i) easements of record not materially and adversely affecting the value or use of the Property, (ii) real estate taxes not yet due and payable (which will be prorated at settlement), (iii) any items agreed to be paid or released at settlement by Seller and the buyer, and (iv) customary easements, rights-of-way and restrictions required by public utilities and/or the local governmental authorities not materially and adversely affecting the value or use of the Property. The balance of the purchase price is due at settlement on or before October 23, 2018. There will be no assigning of tracts or deeds between bidders. Tracts will be deeded in the manner purchased at the auction.
  12. BOUNDARY LINES: Boundaries on aerial photos and topo maps are approximate. Refer to survey for exact boundary locations.
  13. GENERAL: The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, error, or omissions is assumed by the Seller or the Auction Company.

Major Mississippi Real Estate Auction: 2,077± Acres • 21 Tracts

Tate County, Mississippi • 1251 and 1407 Ranch Drive, Senatobia, MS 38668

Auction Tract 1: This 15.66± acre parcel has the majority of the farm structures located on it.  Barn structures on this tract total approximately 25,000± SF.  Equestrian enthusiast take a look, this tract includes a covered lighted round pen, horse stalls, bedding storage and open equipment shed.  The stalls have been removed from the 16,000± SF barn.  The property also offers a garden area, fruit trees and mobile home for the farm manager.  This tract can easily be grouped with other tracts to obtain a nice size farm headquarters.

Auction Tract 2: 83.12± acres. Mostly open, beautiful rolling pasture with spring-fed creeks, ponds, private building sites and long frontage on Cypress Corner Road. Also included is a mobile home with well.

Auction Tract 3:  183.7± acres. Mostly open land with some woods/timber. Rader Creek runs through property.  Secluded building sites.

Auction Tract 4: 66.3± acres. Mostly open with some woods, rolling pasture land with two ponds, mobile home, well, hopper bottom feed tanks with unloading augers, and small green house. Long frontage on Ranch Drive.

Auction Tract 5: 73.16± acres. Two ponds, mostly open grazing pasture land. Property is improved with a metal workshop/barn having 3,800 ± SF and well.

Auction Tract 6: 1251 Ranch Drive, Senatobia, MS. Private Estate with 62.678± acres and two ponds.  The private one floor living residence totaling 4,100± SF has four bedrooms, four baths and one half bath.  The open floor plan makes this home light and bright.   Just outside the home is an expansive entertaining area with pool house, large saltwater pool, waterfall and fire pit.  Further enhancements include an attached four car garage and an additional detached garage.

Auction Tract 7: 33.638± acres.  Prime home building site with a country meadow view and close to Brownsferry Road.  This tract will share the large pond with Auction Tract 8.

Auction Tract 8: 1407 Ranch Drive, Senatobia, MS.  Private Estate with 45.45± acres and large pond.  Come see this 8,500± SF custom home built in 2006.  Features include an open foyer reminiscent of a stone castle with its wrought iron and stone curved staircase and balconies. Top of the line cabinets and appliances, beautiful stone island and travertine kitchen floor. Master suite complete with double vanity, walk-in closets and fireplace. The home offers four bedrooms, five baths and two half baths. Enjoy movies in the home theatre equipped with a wet bar. Or relax in the evening under the pergola or in the saltwater in-ground pool.  An all-around fabulous estate for entertaining friends and family.
 
Auction Tract 9: 41.96± acres. Mostly rolling pasture land, with scenic building site, long creek frontage, pond, and frontage on Ranch Drive.

Auction Tract 10: 119.364± acres. This is one of the prettiest tracts available. Commanding views, private building sites, small creek flowing through the property with lovely pastures of mature woods and three ponds make this the perfect small farm.

Auction Tract 11: 96.73± acres. Great tract with long frontage on private Ranch Drive, awe-inspiring pond with magnificent cypress trees.

Panola County, Mississippi • 7775 Hwy 310, Como, MS 38619

Auction Tract 12:  138.57± acres. Great corner property with frontage on Highway 310 and Pleasant Grove Road and borders creek on north and east.

Auction Tract 13:  191.31± acres. Large grazing boundary with long frontage on Fitts Road and Pleasant Grove Road and bordering a creek on south and east.

Auction Tract 14:  256.7± acres. This is excellent grazing  land with water, fencing, and partial ownership of the large 60± acre lake also included on this parcel are smaller ponds. Long frontage on Fitts Road.

Auction Tract 15:  136.54± acres. Nice rolling pasture and hayland, small ponds scattered throughout the tract and frontage on Fitts Road.

Auction Tract 16:  129.76± acres. Productive open land perfect for grazing. Numerous building sites, two ponds  and frontage on Fitts Road and Parks Place Road.

Auction Tract 17:  67.15± acres. This corner tract fronting on Highway 310 and Parks Place Road is the perfect spot to build your estate home and establish a beautiful small farm.

Auction Tract 18:  80.07± acres. Frontage on Highway 310.This tract consists of a farm manager’s house, numerous farm buildings, hopper bottom feed tanks and partial ownership of the 60± acre lake.

Auction Tract 19:  7775 Highway 310, Como, MS. This estate consists of a custom built charming 4,759± SF red roofed farm house with five bedrooms, four full baths and two half baths.  This is country at its best with a wraparound porch and partial ownership in a 60± acre lake.   The home is situated on 38.75± acres. Frontage on Highway 310.

Auction Tract 20: 94.67± acres. Spectacular farm with frontage on Highway 310, great building sites and partial ownership of the beautiful 60± acre lake.

Auction Tract 21: 121.19± acres. This is the Grandview Plantation Auction Sale Barn having 10,620± SF with baths, office/bunk rooms, kitchen, sale ring and much more. Plus, an additional 13,380± SF of additional space under roof with pens.  Frontage on Highway 310. Great sale barn, cattle sorting area or convert it to a horse facility!

ARCPLC Program Information

The FSA farm number is 5160.  We have it listed as having 1247.32 acres of farmland (total acres) and 1053.17 acres of cropland (cropped at one time).

Farm 5160 has the current bases:  Wheat 848.2, Generic (formerly cotton) 184.9, Corn 0.4, Grain Sorghum 19.5.

New owners may be eligible to participate, based upon the bases above, in the annual crop program called ARCPLC.  As we discussed the signup for the 2017 crop year ends August 1, 2017.

Also, as we discussed, the new owner(s) will need to bring in a copy of the recorded deed for the property they purchase.  We will also need their name, address, and tax identification number.

At the time the owner brings in their deed we will be happy to discuss their options or offer assistance to hopefully get the results they prefer.

Location Map

Memphis,  TN – 40 miles
Jackson, MS – 170 miles
Little Rock, AR- 170 miles
Birmingham, AL – 220 miles
Nashville, TN – 250 miles

Directions to Property (1251 Ranch Drive, Senatobia, MS):

From Senatobia, MS:  Take Hwy 4 W for 5.8, turn left onto Linwood Road for 1.5 miles, slight right onto Browns Ferry Road for 1.6 miles. continue on Browns Ferry Road to Destination on left.

NOTE: : If you’re using an iPhone use Sarah MS, all others use Senatobia, MS.

The Great Blue Ridge Mountain Auction

The Great Blue Ridge Mountain Auction
In the Heart of Bluegrass Music Country

13,000 Acres offered in 200 Tracts
Ranging From 5 Acres to 500 Acres

 

View Site: http://valandauction.com/310/

 

Absolute Auction: Black Eagle Farms

Nelson & Amherst Counties, Virginia
Absolute Auction
BLACK EAGLE FARMS
3 Beautiful Virginia Farms
Totaling 2,406± Acres Offered in 34 Tracts

Property 1 – 1, 516+ Acres 
Black Eagle Farms 1 & 2
Piney River Tracts

TRACT 1: 62 acres of mostly open hayfields and pasture on an elevated, level ridge with hardwood trees bordering the rolling terrain. This tract features great views of mountains in all directions and has state road frontage and frontage on the Tye River.
TRACT 2: 55 acres with state road frontage and long frontage on the scenic Piney River. There are level hayfields and elevated building sites with big views, as well as a good balance of woodland and open fields. This is an excellent recreational tract.
TRACT 3: 41 acres with extensive frontage on Piney River, level hayfields and pasture. Long frontage on Rt. 665 and a great wooded ridge offer many building sites.
TRACT 4: 139 acres. WOW! This is one of the nicest tracts. It has great elevated mountain views in all directions from the rolling hayfields. The parcel has a small house with support buildings, a good mixture of hardwood forest and open space. To top it off, there is an incredible building site overlooking the long frontage on the Tye River with mountains as its backdrop.
TRACT 5: 95 acres which are almost entirely open and very farmable. This tract features good rolling hay and crop fields and long frontage on the Tye River. Improvements include fencing, cross-fencing and a barn. Great views are available from several locations.
TRACT 6: 154 acre parcel that is a perfect farming tract. It has a large barn, cattle and livestock work pens, an 18,240± SF state-of-the-art pullet rearing house built in 2007. The rearing house has a capacity of 24,000 chicks. This tract has long frontage on the Tye River, crop fields and plenty of pasture with good water.
TRACT 7: 137 acres with long frontage on the Tye River. Privately located at the end of a state road is a 56,608± SF poultry laying/egg processing facility. The facility was constructed in 2007. The equipment will not convey with the real estate.
TRACT 8: 165 acres which has been known as the “landing strip” because of its approximately 3,000 ft. long, level ridge top. The parcel has gently-sloped hay fields surrounded by nice hardwood forest on the downhill slopes to small spring-fed streams and the Tye River. There is also a well-maintained 1½ story farmhouse located on the paved state road frontage. Some of the best mountain views are from this tract.
TRACT 9: 100 acres with a good mixture of woodland and pasture. This parcel offers
mountain views, privacy and great hunting. It is the perfect place to build a secluded
home with lots of space to roam.
TRACT 10: 43 acres with several great building sites. More than 2/3 of the land is planted in pines for future income and the rest is rolling pastureland. There is long state road frontage.
TRACT 11: 11 acres offering wonderful investment potential. This parcel has two well-maintained houses that would be good rental properties – or live in one and rent the other. The land is primarily open pasture land.
TRACT 12: 87 acres featuring great mountain views, small spring-fed streams, rolling pasture with good fencing and access at the end of
the state road. There is potential for future income from the planted pine plantation on a portion of this tract.
TRACT 13: 63 acre private tract with frontage on Tye Brook Highway has rolling pasture/hayfields, spring-fed branches and wonderful building areas on the cleared ridge tops. Long views!
TRACT 14: 82 acres. Another great tract with rolling fields, good fencing, ample water and beautiful views of the surrounding mountains.
TRACT 15: 135 acres with a beautiful tree-lined drive leading to an impressive entrance gate giving way to the Circa 1790 brick home graced with large white columns, a pool house with a spacious indoor swimming pool and guest house, all encompassed by beautiful brick walls. Numerous barns and support buildings are also a part of this tract. In addition, there is a lovely 3,500± sq. ft., brick ranch style home, a farm office and a 2,080± sq. ft. manager/caretaker house. Frontage on the Tye River.
TRACT 16: 147 acres of wooded land and open land with ridge top offering outstanding views. This tract has extensive Tye River frontage.

Property 2 – 434± Acres
Black Eagle Farm 4
Arrington Tracts

TRACT 17: 3 acres with frontage on Route 655, Arrington Road, has level fields and a great building site.
TRACT 18: 12 acre parcel of open pastureland improved with a well-maintained brick ranch home that is perfectly situated for enjoying views of the surrounding mountains. This parcel, which has frontage on Arrington Rd., also has a large barn.
TRACT 19: 33 acre tract has frontage on Arrington Road and long frontage on Rt. 758, Cold Storage Lane. Most of the land is open and level. Improvements include several barns, out buildings and excellent fencing.
TRACT 20: 28 acre parcel with long frontage on Cold Storage Lane has a good mixture of open grazing and wooded land. There are two small outbuildings and a spring-fed branch on this property.
TRACT 21: 15 acres with long frontage on Cold Storage Lane has approximately 10 acres of open land. The remaining acreage is woodland. There is a spring-fed branch on this tract.
TRACT 22: 9 acres of all open land with a beautiful knoll offers the perfect building site complete with outstanding views. This parcel fronts on Cold Storage Lane.
TRACT 23: 68 acre tract with frontage on Arrington Road is primarily open crop land and pasture fields with patches of woodland. There is an incredible building site with beautiful views of the mountains from a predominant knoll located in the center of this tract.
TRACT 24: 76 acres of gently rolling pasture offer numerous building sites. Approximately 8 acres of this tract are wooded. There is a spring-fed branch on this tract which fronts on Arrington Road.
TRACT 25: 9 acres of all open land with frontage on Rt. 668, Diggs Mountain Road, and on Arrington Road. This is an exceptional tract with great views.
TRACT 26: 11 acre parcel of mostly open, level hay fields offers great building sites. It has frontage on Arrington Road and Centenary Drive.
TRACT 27: 56 acres of mostly level to gently-sloping pasture/crop fields. Approximately 12 acres are wooded. There is a small spring-fed branch on this tract which has frontage on Arrington Road.
TRACT 28: 13 acre parcel of mostly open land has level to gently-sloping topography making it a perfect building or farming tract. It has frontage on Arrington Road.
TRACT 29: 33 acre tract is approximately half open land and half wooded. It offers
private building sites and great views. There is also a spring-fed branch. This tract has
frontage on Arrington Road.
TRACT 30: 35 acres with frontage on Arrington Road and Farrar Lane are mostly open, but this tract also has several acres of woodland. The land is level to gently sloping and offers nice views of the mountains.
TRACT 31: 33 acres with frontage on Rt. 665 is approximately half open land and half wooded. The parcel features a knoll with great views of the surrounding mountains.

Property 3 – 456± Acres
Black Eagle Farm 3
Amherst Tracts

TRACT 32: 117 acre tract has long frontage on U.S. Route 29, southbound lane, with a crossover. The land is 2/3 open with the balance in mixed pine and hardwood forest. This property is improved by a barn and other outbuildings.
A spring-fed branch meanders through this property which offers numerous desirable building sites, including private ones. This parcel would make an excellent stand-alone farm.
TRACT 33: 183 acres with frontage on U.S. Route 29, southbound lane, with a crossover. The tract has an equal mix of open pasture land and mixed hardwood/pine forest and a small spring-fed pond. There are great building sites.
TRACT 34: 156 acres of all wooded land with potential for good, future income stream from growing timber. It is also a great hunting tract.

Property Locations

The properties are located on or near U.S. Rt. 29 approximately 35 mi. south of Charlottesville and approximately 28 mi. north of Lynchburg, Virginia. The three properties are located within two to four miles of one another.

Directions to property 1:
From Charlottesville: Go south on U.S. Rt. 29 for approximately 35 mi. to Coleen. Turn right onto Colleen Rd., Rt. 655, at the Tastee Freez. Follow Rt. 655 for approximately .7 mi. and then turn left onto Rt. 56/Rt. 158/Tye Brook Highway. Go 1.4 mi. and turn left on Martin Lane (across from Saunders Brothers Nursery & Farm Market). Tract 15 of Property 1 begins at the end of the road (.4 mi) at the brick columns.
From Lynchburg: Go east on U.S. Rt. 460 toward Appomattox for approximately 9.7 miles and merge onto U.S. Rt. 29 toward Amherst/Charlottesville. Go approximately 25 mi. to Colleen. Turn left onto Colleen Rd., Rt. 655, at the Tastee Freez. Then follow directions above.

Directions to property 2:
From Charlottesville: Go south on U.S. Rt. 29 for approximately 35 mi. to Coleen. Turn left onto Arrington Rd., Rt. 655 across from Tastee Freez. Go 1.7 mi.
to property on both sides of the road.
From Lynchburg: Go east on U.S. Rt. 460 toward Appomattox for approximately 9.7 miles and merge onto U.S. Rt. 29 toward Amherst/Charlottesville. Go approximately 25 mi. to Colleen. Turn right onto Arrington Rd., Rt.655 across from Tastee Freez.
Go 1.7 mi. to property on both sides of the road.

Directions to property 3:
From Charlottesville: Go south on U.S. Rt. 29 for approximately 37 mi. to Property 3 on right.
From Lynchburg: Go east on U.S. Rt. 460 toward Appomattox for approximately 9.7 miles and merge onto U.S. Rt. 29 north toward Amherst/Charlottesville. Go approximately 23 mi. to Property 3 on left.

Directions to Auction Site:
The Nelson Center
8445 Thomas Nelson Highway, Lovingston, VA 22949
From Property 1: Go north on U.S. Rt. 29 for approximately 5 mi. and make a U-turn at U.S. 29 Business onto Thomas Nelson Highway/U.S. Rt. 29 South/Rt. 56 West. Auction site is .4 mi. on the right.
From Charlotteville: Go west on I-64 to exit 118A to merge on Rt. 29 South for approximately 29.6 miles. Auction site will be on the right.

Inspection Dates:
Sunday, October 10 & Wednesday, October 20, 1 – 6 PM
Inspection Location:
596 Martin Lane, Piney River, VA 22964 (Property 1, Tract 15)
From U.S. Rt. 29 North, in Colleen, turn left onto Colleen Rd., Rt. 655, at the Tastee Freeze. Follow Rt. 655 for approximately .7 mi. and then turn left onto Rt. 56/Rt. 158/Tye Brook Highway. Go 1.4 mi. and turn left on Martin Lane (across from Saunders Brothers Nursery & Farm Market). Go .4 mi. and enter through gate at brick columns.

Financing

Farm Credit is interested in discussing financing with potential bidders.  Contact Ashlie Howell in Augusta Farm Credit Office at 540-248-0365. The office is located at 1557 Commerce Road, Suite 202, Verona, VA  24482.

Terms & Conditions

REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 1:00 PM. Please bring your driver’s license for identification.
TERMS OF SALE: All tracts will be sold ABSOLUTE. All sales are final. All property is sold “AS IS, WHERE IS” and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidders is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence with respect to the property as they deem necessary or appropriate.
ALL SALES ARE FINAL.
ANNOUNCEMENTS: Announcements made day of sale take precedence over
all prior communications, verbal and written, concerning this sale.
BIDDING: Registered bidders may bid on individual tracts of land, any combination of individual tracts and the property in its entirety.
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 will be added to the high bid amount to determine the sale price.
DEPOSIT ON REAL ESTATE: Successful bidders will be required to pay a deposit in the amount of ten percent (10%) of the sale price (high bid plus Buyer’s Premium) on day of sale. The deposit is payable by cash, cashier’s check, wire transfer, or pre-approved personal check made payable to Samuel I. White, PC. Personal checks will be approved if the Buyer presents, at time of regis1tration, 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.
CLOSING DATE: The balance of the purchase price is due at settlement on or before November 25, 2010. This is a cash transaction and is not conditioned upon the bidder obtaining financing.
TRANSFER OF TITLE: The Real Estate will be conveyed by special warranty deed free and clear of liens subject, however, to any rights of way, easements, covenants and restrictions of record.
AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER, SAMUEL I. WHITE, PC, SUBSTITUTE TRUSTEE.
BIDDER PACKETS: The Auction Company will have Preliminary Bidder Packets available on the inspection days and upon request.
BOUNDARY LINES: Boundaries shown on aerial photographs and topographical maps which are provided by the Auction Company as a courtesy to bidders are approximate. Bidders should refer to the survey provided in the Bidder Packet for boundary locations.      
WEB SITE: Visit www.woltz.com for additional photographs and other information.

 

 

 

Real Estate Land Auction: 2500± Acres, Agricultural and Timberland along the Ohio River

Maysville, Kentucky
Real Estate Auction
2500± Acres, Agricultural and Timberland along the Ohio River
Sold

PROPERTY LOCATION:
Directions: From Maysville Kentucky go east on AA Highway (Hwy. 9) approximately 11 miles to State Road 57, turn north (left) on State Road 57 go 8.2 miles to tract #1. Tract #2 also located on State Road 57.
Tracts 3, 4, 9-14, 17, 19, 35 & 36: From tract #1 continue north on State Road 57 for an additional .9-mile to Crooked Creek Road. Turn left on Crook Creek Road and watch for various tracts with frontage on Crooked Creek Road.

Tracts 5-9: Go .4 mile from intersection of State Road 57 and Crooked Creek Road to Highfield Road. Turn left on Highfield Road and watch for signs.

Tracts 15-18, 20-28, & 33-34: Go .9 mile from intersection of State Road 57 and Crooked Creek Road on Crooked Creek Road to Y in road. Veer to right on Engle Road (gravel road) and watch for tract signs.

TRACT 29-32, 37 & 38: Go 2.6 miles from intersection of State Road 57 and Crooked Creek Road on State Road 57 to State Road 8 in Concord Kentucky. Turn left on State Road 8, go 2.3 miles to tract #30.

AUCTION LOCATION:
608 Bernard Coughlin Ave. Maysville, KY.
Directions: From AA Highway (Hwy. 9) and State Road 68 go north on State Road 68 approximately 3 miles (State Road 68 turns into Bernard Coughlin Ave.

PROPERTY DESCRIPTION:

Tract #1: 91 acres with frontage on State Route 57. This tract features 24 acres of white pine trees, 10 acres of tillable land, 9 acres of open land and 48 acres of mixed hardwood trees. This tract offers a wide variety of opportunities including potential building sites plus hunting and recreational benefits.

Tract #2: 59 acres with 14 acres of open land balance in mixed hardwood trees. This tract includes a scenic ravine plus large amount of road frontage of State Route 57. Excellent potential building site and hunting/recreational potential.
Tracts # 1 and #2 have rural water available.

Tract #3: 6 acres with frontage on Crooked Creek Road, of which about half is open land, balance in mixed hardwood trees. Great potential home site.

Tract #4: 44 acres with approximately 5 acres of white pine trees balance in mixed hardwood trees with road frontage on two roads. Investigate the potential of this tract. Scenic ravine, prime potential building sites and excellent hunting. Frontage on Crooked Creek and Highfield Road.

Tract #5: 75 acres with approximately 70 acres of productive tillable farmland. Easy access from Highfield Road.

Tract #6: 52 acres featuring 14 acres of white pine, 14 acres of tillable land (hay field), with the balance in mixed hardwood trees. The varied features of this tract create a wide array of opportunity for the buyer. Located on Highfield Road.

Tract #7: 163 acres with 41 acres of white pine trees with scenic rolling terrain plus open meadow areas scattered randomly throughout the property. Prime hunting/recreational tract. Privately located at the end of Highfield Road.

Tract #8: 69 acres mostly mixed hardwood trees plus 6 acres of hay land.

Tract #9: 75 acres with approximately 25 acres of white pine trees balance in mixed hardwood trees. Excellent hunting/recreational tract.

Tract #10: 17 acres with 15 acres of white pine trees plus small pond. Prime potential building site with easy access from Crooked Creek Road. Enjoy the natural beauty of this tract.

Tract #11: 26 acres with approximately 20 acres of white pine trees with road frontage on two roads. Excellent investment property, easily subdivided into smaller tracts.

Tract #12: 57 acres featuring 45 acres of mixed hardwood trees and 12 acres of white pine trees.

Tract #13: 39 acres with approximately 10 acres of white pine trees, balance in mixed hardwood trees. Combine tracts #12 & #13 for 96 acres of prime hunting/recreational property.

Tract #14: 84 acres with 50 acres tillable productive farmland balance in mixed hardwood trees plus a small pond. This is a rare opportunity to purchase excellent hunting tract with good income potential. The small pond plus wooded borders around tillable land provide excellent wild life habitat.

Tract #15: 431 acres of mixed hardwood trees. Excellent Wildlife Habitat, prime hunting area. Abundant Deer and Turkey population. Timber appraisal for Tract 15 (PDF format).

Tract #16: 40 acres featuring 32 acres of mixed hardwood forest and 8 acres of white pine trees. Own your private hunting/recreational land.

Tract #17: 26 acres with 50% tillable and 50% mixed hardwood trees. Enjoy the natural beauty of this tract. Long road frontage on two separate roads gives this tract excellent subdivision potential.

Tract #18: 71 acres featuring a combination of productive tillable land and hardwood woodlands. Small Pond. Perfect tract for a small farm.

Tract #19: 43 acres with easy access from Crooked Creek Road. This tract is predominately mixed hardwood trees plus 3 acres of white pine trees.

Tract #20: 72 acres with 23 acres of white pine trees and the balance of 49 acres in mixed hardwood stand.

Tract #21: 47 acres – This tract features approximately 11 acres of white pine trees, 10 acres of tillable land with balance in mixed hardwood trees. The diversity of this tract offers a wide range of opportunities.

Tract #22: 38 acres with 11 acres of white pine trees balance in mixed hardwood trees.

Tract #23: 46 acres with 11 acres of white pine trees, 12 acres open and 23 acres of mixed hardwood trees. Excellent hunting and recreational tract.

Tract #24: 67 acres with 18 acres of white pine trees balance in mixed hardwood trees.

Tract #25: 65 acres featuring 8 acres of white pine trees with balance of acreage in mixed hardwood trees.

Tract #26: 25 acres featuring 10 acres of white pine trees with balance of acreage in mixed hardwood trees.

Tract #27: 46 acres of mixed hardwood trees featuring picturesque panoramic views of Ohio River and surrounding area.

Tract #28: 25 acres of mixed hardwood trees featuring excellent views of the Ohio River. The scenic views from this tract offer opportunity for secluded picturesque panoramic views.

Tract #29: 36 acres with remodeled country home located on 36 acres of pastureland. This home features 2 bedrooms, 2 bathrooms (1 bath includes spa tub), dining room, living room, kitchen, utility room, all carpeted except kitchen plus central air and heat. The roof on the room is approximately 4 years old. This is a very comfortable cozy home that offers peaceful country living.

Tract #30: 43 acres of pasture land plus country home with 4 bedrooms, kitchen, living room and bathroom. This home is heated with a wood stove and water source is from a cistern.

Tract #31: 14 acres with several out buildings including 70×150 barn, 28 x77 open front equipment shed plus two other wood frame buildings. Combine tracts #29 and #31 for 50 acres with potential for small livestock operation.

Tract #32: 91 acres of prime productive farm land. This tract includes some of the most productive soils in Lewis County plus features a Railroad and River frontage on the Ohio River.

Tract #33: 77 acres with 17 acres of tillable land balance of acreage in mixed hardwood trees. Investigate the recreational and hunting opportunities this tract offers.

Tract #34: 143 acres featuring approximately 20% of acreage in open spaces with balance in mixed hardwood trees.

Tract #35: 163 acres of mixed hardwood trees. Access from two roads along the north and south borders.

Tract #36: 81 acres with several small groves of hardwood trees balance of acreage in open land with scattered cedar and hardwood trees.

Tract #37: 39 acres featuring 10 acres of open land with balance in mixed hardwood trees.

Tract #38: 43 acres featuring frontage on the Ohio River. This tract also has a small pond, wooded ravines plus open meadow area. This is truly a unique tract of land.

Basic Terms & Conditions:
PROCEDURE: Tracts 1-38 will be offered in individual tracts, in any combination of these tracts, and in its entirety. Any qualified registered bidder may bid on tracts, tract combinations, and the total property.
DOWN PAYMENT: Successful bidders shall deliver on day of sale to Schrader Real Estate & Auction Co., Inc. 10% of the final contract sales price as an escrow deposit via cash, cashier’s check, or pre-approved personal check. Personal checks should be accompanied by a bank letter stating “___________ is a customer of this bank and we guarantee payment of checks written on account number __________ up to (specify amount) dollars for purchase at the auction being conducted by Schrader/Woltz on May 19, 2005”. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING. If a successful bidder fails to close within the time specified, Seller shall have the right to terminate the Purchase Agreement and retain the down payment as liquidated damages in addition to other legal remedies or at Seller’s option, extend the closing past the designated closing date. However, a charge of 1% of the total contract price will be charged to the Buyer per month until closing.
ACCEPTANCE: Seller reserves the right to accept or reject bids..
BUYER’S PREMIUM: A 5% Buyer’s Premium will be added to the final bid price and included in the total purchase contract price.
DEED: Seller will provide Special Warranty Deeds conveying the property to successful bidders subject to matters of record, general condition of title, and similar or related matters. As necessary or appropriate, deeds will reserve easements over parcels sold and will impose maintenance obligations on roads.
EVIDENCE OF TITLE: The Seller agrees to furnish bidders a preliminary Owner’s title insurance commitment to review prior to Auction. The cost of the insurance, if Purchaser elects to have the title commitment executed, will be the responsibility of the Purchaser. Seller agrees to provide merchantable title to the property subject to matters of record, general conditions of title, and similar or related matters. All tracts sold “AS IS”.
REAL ESTATE TAXES: At closing, all real estate taxes shall be prorated.
CLOSING: Closing shall take place within 30 days after the auction day, or as soon thereafter as Seller’s applicable closing documents are completed. Announcements on the day of the auction will state the projected closing date for each property.
POSSESSION: Possession of the property shall be given at closing.
SURVEY: Seller to furnish a new survey for any division of parent tract into smaller tracts. When individual, contiguous tracts are combined, seller to furnish a perimeter survey of those tracts only (they will not be surveyed individually). All tracts sold in their entirety shall be by an existing survey plat of public record. Final sales price shall be adjusted to reflect any difference between advertised and surveyed acres.
PROPERTY INSPECTION: Each potential bidder is responsible for conducting at their own risk, their own independent inspections, investigations, inquiries, and due diligence concerning the property. Inspection dates have been scheduled and will be staffed with auction personnel; please feel free to inspect any other time. Also, tracts are marked with surveyor’s corner markers along roadways and there are auction tract signs for your convenience.
BROKER PARTICIPATION: Any broker actively licensed in the State of Kentucky who properly registers the successful high bidder will be paid a 2% commission at settlement by the Seller. Registration must be on a Schrader Real Estate & Auction Co., Inc. Buyer Broker Form and contains 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 offices of Schrader Real Estate & Auction Co., Inc. no later than May 16.
AGENCY: Schrader Real Estate & Auction Co., Inc. and Woltz & Associates, Inc. and their representatives are Exclusive Agents of the Seller.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the Terms and Conditions outlined in the Agreement to Purchase. ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS“ basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches, acreages and dimensions in this brochure and other information provided by the Auction Company are approximate. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, financial ability, etc. All decisions of the Auctioneers are final.
NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.
STOCK PHOTOGRAPHY: Some photography in this brochure reflecting wildlife are used for illustrative purposes.
OWNER: Mead Realty Group, Inc.

Thousand Islands Auction

Clayton, New York
THOUSAND ISLANDS AUCTION
6 Valuable Properties Offered at Auction at the Clayton Opera House
Sold

Sale 1 – Tracts 1, 2, 4, 5, 6, 7

Fox Run – On the magnificent Palisades along the St. Lawrence

Fox Run37247 NY State Route 12E , Clayton, NY, 13624, Jefferson County. This incredible villa with its Italian influence will be offered with 27± beautiful acres. It includes the nationally recognized gardens and grounds accredited and included in the Archives of American Gardens at the Smithsonian Institute. Having been the focus of many magazine articles and stories, this home offers unmatched surroundings and is one of the most spectacular waterfront properties in the 1000 islands region. Waterfalls along a small stream, flowing fountains, stone sculptures, pebbled walking trails, quiet sitting areas all embrace the privacy of this exclusive estate. There is a wonderful secluded garden house that looks like a fairy tale palace offering a peaceful retreat within the grounds. The crystal clear water of the St. Lawrence River splashes on the shoreline for almost 765 feet helping secure its uniqueness. A 50’ boat dock offers easy docking and access to enjoy this one of a kind water wonderland. The home encompasses approximately 6,000 square feet of incredible space having a magnificent 945 sq. ft. entertaining room with 10 foot ceilings and floor to ceiling windows. From the home’s perch on the rock bluff, one is introduced to some of the most exciting views of the St. Lawrence River and the spectacular sunsets over Lake Ontario. The property will be offered in two tracts, one with the manor home and 22 acres, the other with 5.8 acres and the garden house. Both will have river frontage. Suggested opening bid $1,500,000 for Tract 1. Shown on Inspection Dates or by appointment.

Directions: From Clayton – West on Rt. 12E towards Cape Vincent 4.6 miles. Tracts 1 and 2 are on the right; Tracts 4 and 5 on the left; Tract 6 and 7 front on Pelo Rd. From Cape Vincent – 12E towards Clayton, go 10.3 miles.

Sales 1 and 2 – Tracts 1 thru 9

Fox Run Aerial Lion’s Head Aerial

Tract 1 – Fox Run – 22± acres
6000± sq foot Italian villa with 515± feet of frontage on the St. Lawrence River, nationally renowned gardens and incredible grounds, 50’ boat dock, big views of the river.

Tract 2 – Fox Run – 5.8± acres
240± feet of river frontage, a quaint garden house with beautiful arched windows overlooking the gardens and fountains which have been the centerpiece of many articles by national garden magazines.

Tract 3 – Lion’s Head 15.6± acres
5600± sq ft of beautifully finished space, 5 bedrooms, 4.5 baths, 5 fireplaces, huge outdoor stone patio, a swim
platform on the river, large garage and a detached timber frame barn/workshop with an upstairs loft area and 470± feet of river frontage perfectly blended with the existing conservation easement.

Tract 4 – 23.15± acres
Frontage on Route 12E. It is open, level hay/pasture land that would make a great recreational property or farming tract. The existing conservation easement allows for horse/cattle barns, farm buildings and related structures in addition to a residence of your size and design. Sold without Reserve.

Tract 5 – 97.95± acres
Long frontage on 12E just across from tracts 1-3. This is a great agricultural and recreational tract which has the same opportunities as tract 4 with the addition of owning 1/2 of a large duck pond which was installed with the help of Ducks Unlimited and the Corps of Engineers. Sold without Reserve.

Tract 6 – 29.2± acres
Frontage on Pelo Rd. This open, rolling tract has unlimited potential as a development tract, agricultural/ farming or recreational property. It is enhanced by having the property on two sides in a conservation easement. There are great tax benefits, both Federal and State, by placing this in a conservation easement. Please see the link to
the Thousand Islands Land Trust site for additional information. Sold without Reserve.

Tract 7 – 91.9± acres
Long frontage on Pelo Rd. A duck hunters paradise. This tract would be a wonderful recreational boundary which has the other half of the large duck pond mentioned in tract 5. This property is currently under a 30 year easement with the Natural Resource Conservation Service that has 28 years remaining at which time it becomes an unrestricted tract. Sold without Reserve.

Tract 8 – 33.8± acres
Frontage on Pelo Rd. This track has a beautiful 3 acre building envelope with the balance of the land being left in its natural state which is in a conservation easement. This property joins the NRCS easement with the duck pond/habitat. Sold without Reserve.

Tract 9 – 16.72± acres
Excellent home site. This remarkable waterfront parcel offers majestic views of the St. Lawrence River and Canada. Lovely meadow and cedar and hemlock woods. 507 feet of waterfront. Good frontage on public road but no driveway yet established. Protected by conservation easement.

Terms & Conditions (Sales 1- 6):

REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 10:00 AM. Please bring a driver’s license for identification.
AUCTION SALE: Sale 1 – Tracts 4 thru 7; Sale 2 – Tract 8; and Sale 4 – Tracts 1 and 2 will be sold absolute to the high bidder. Sale 1 – Tracts 1 and 2; Sale 2 – Tract 3; Sale 3; Sale 5 – Tracts 1 thru 6; and Sale 6 will be sold subject to Seller confirmation of the high bid.
ALL SALES ARE FINAL: All property is auctioned “AS IS, WHERE IS” with all faults in its
condition at the time of sale without recourse by way of refund, reduction of the purchase price, or otherwise. Bidders should perform such independent investigation with respect to the property as they deem necessary or appropriate.
LIABILITY: Bidders inspecting property enter at their own risk. Auction Company assumes no risk for bodily injury or damage to personal property.
BIDDING: Qualified bidders may bid on individual tracts, any grouping of tracts or on the whole property as offered at the auction. The auctioneer will determine all bid increments. All decisions by the auctioneer regarding bid acceptance are final.
ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
BUYER’S PREMIUM: The Buyer’s Premium on the real estate is 5% of the high bid amount. The Buyer’s Premium will be added to the high bid to determine the final sale price.
AGENCY: Schrader Real Estate & Auction Company, Inc., (Rex D. Schrader, Broker NY#32SC1115028), Woltz & Associates, Inc. (Auctioneers) and their representatives REPRESENT THE SELLERS.
LEAD PAINT: Some of the residential property in this auction was built prior to 1978 and 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. For property built prior to 1978, 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.
REAL ESTATE DEPOSIT: A deposit in the amount of ten percent (10%) of the contract sale price will be required on day of sale. The deposit is payable by cash, cashier’s check, or pre-approved personal check payable to: Menter, Rudin & Trivelpiece, P.C., Counselors at Law for Sale 2. For all other properties, checks should be made payable to: Schwerzmann & Wise, P.C. Personal checks will be approved subject to collection if the Buyer presents a bank letter stating that the Buyer is a customer of the bank and the checking account is in good standing.
REAL ESTATE DEED: The real estate will be conveyed by warranty deed or fiduciary deed free and clear of liens, subject, however, to any rights of way, easements and restrictions of record. The balance of the purchase price is due at settlement on or before September 29, 2008 for Sale 3. Settlement is due on or before October 29, 2008 for Sales 1, 2, 4, 5 and 6. Property will be deeded to the registered bidder in the manner purchased at the auction.
BOUNDARY LINES: Boundaries on aerial photos and topo maps are approximate. Refer to the survey for exact boundary locations of each property.
BROKER PARTICIPATION: A 2% Buyer Referral Fee will be paid to the appropriately licensed real estate broker whose prospect successfully closes on the property sold in this auction. The referral fee is based upon the actual purchase price and will be paid at closing from the proceeds of the sale. Brokers must strictly follow all guidelines set by Schrader Real Estate & Auction Co., Inc. and must be registered by 5:00 PM (EDT) Wednesday, August 27, 2008. Call Auction Company for details and Broker Registration Forms or download the guidelines and form (PDF format) .
GENERAL: The information contained in this brochure is subject to verification by all parties
relying on it. No liability for its accuracy, error, or omissions is assumed by the Seller or the Auction Company.

Sale is being held in conjunction with Exit More Real Estate.