Smith Mountain Lake Lot Auction

The Smith Mountain Lake real estate market has been very active, and now is your chance to buy some incredible waterfront lots and get started building your dream!

Premium Waterfront Lots in Franklin County, Virginia. The three lots are incredibly beautiful, gradually sloping, with wide water views and within sight distance of Halesford Bridge. Auction Tract 3 has one of the most amazing natural sandy beaches on Smith Mountain Lake.

ALL THREE LOTS ARE AMAZING; YOU WILL NOT BE DISAPPOINTED

Directions: Put Oak Point Drive, Moneta, VA in your phone and go to the end of the road. Watch for auction signs. From Hwy 122 at LakeWatch Plantation, turn on to Merriman Way. Go 1.6 miles and turn left down private drive to end of road. Or you can continue past the private drive and turn left on River Bay, then left on Oak Point to the end of the road.

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Auction Tract Survey Lot Acreage ±
1 2B 2.032
2 3B 1.097
3 4B 1.182

 

Bedford County, Virginia waterfront lots in Lakes Edge. These Goodview lots are close to Hwy 24 and an easy commute to Roanoke. Dock permits are in place and transferable!

Directions: Put Lakes Edge Drive, Goodview, VA, in your phone and watch for signs. From Roanoke, take Hwy 24 east and turn right on Goodview Road, then turn right into Lakes Edge.

Another three fabulous side by side lots. Buy one or buy all three! Roanoke is only 14 miles away and 26 minutes. That’s right, waterfront lots only 14 miles from Roanoke! We have the dock permits in hand and available for review on our website. These lots are ready for you to imagine your dream home.

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Auction Tract Survey Lot Acreage ±
4 11 2.405
5 12 1.801
6 13 2.215

 

5 acres on Smith Mountain Lake across from the 4-H Camp and channel marker B37!

That’s right, 5.148 acres nestled in the pine and hardwood forest that’s home to a bonanza of wildlife! The Seller is clearing it now. Rare hard to find acreage on the lake! Quiet and secluded, a rare gem to find.

Directions: Put Blue Lake Road, Union Hall in your phone, and the lot is on your left, watch for signs. From Hwy 40 in Glade Hill, turn north on Timber Ridge Road. At the end, turn left on Brooks Mill, right on Long Horne and at the Y in the road, stay right and turn left on Blue Lake, the property is on the left.

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LakeWatch Plantation prime waterfront lot in a great subdivision with restaurants, banking, and the YMCA.

Directions: Put LakeWatch Circle, Moneta, VA, in your phone. Turn Right, and the lot is on your left. From Hwy 122 at LakeWatch Plantation, turn on First Watch. At the end, turn right on Lakewatch Drive to lot on the left.

Auction Tract 8 is LakeWatch survey lot 34 containing .59 acres. County water and sewer! Agent Owned

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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 noon on October 29, 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 Auction

  1. REGISTRATION:  Bids will only be accepted from registered bidders.  Registration begins at 1 PM.  Please bring a driver’s license for identification.
  2. AUCTION SALE:  All properties are 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.
  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 is five percent (5%) of the high bid amount.  The Buyer’s Premium will be added to the high bid to determine the final sales price.
  8. AGENCYThe Auction Company and its representatives represent the Sellers.
  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, or pre-approved personal check payable to Woltz & Associates, Inc. Escrow Account. 
  10. 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 14, 2020. There will be no assigning of tracts or deeds between bidders.  Tracts will be deeded in the manner purchased at the auction.
  11. BOUNDARY LINES:  Boundaries on aerial photos and topo maps are approximate. Refer to the surveys for exact boundary locations.
  12. 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.

Advance Auction Notice: Carroll County 25 Acre Mini-Farm

This is one of the most beautiful small farms to come on the market.

This brick home is by far the best built home anywhere constructed and maintained by a perfectionist. Separate garage/office gives added space and flexibility.

1 1/2 story brick house with a brick detached garage/workshop, potting shed,  2 barns.  Also included is 25 acres of open hay/pasture land.

Outstanding views of the Buffalo in Floyd County and other well know mountains to the East.

The house has 2,479SF,  3 bedroom, 3 bath, living room, dining room, large kitchen, den, 2-car garage. Easily accessed on the ground level.

The house built in 1969  Has been perfectly maintained. The quality of construction  far exceeds that of many new homes today.

Ideally located along Rt 100 which allows for easy access to I-77 or I-81.

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

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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. LAND USE ASSESSMENT:  In the event, the Property is taxed under land use assessment, and this sale results in disqualification from land use eligibility, Seller shall pay any rollback taxes assessed.  If the Property continues to be eligible for land use assessment, Buyer agrees to make application, at Buyer’s expense, for continuation under land use and to pay any rollback taxes resulting from failure to file or to qualify.  Notwithstanding anything herein to the contrary, the provisions of this paragraph shall survive settlement and the delivery of the deed of bargain and sale.
  12. 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.
  13. BOUNDARY LINES:  Boundaries on aerial photos and topo maps are approximate.
  14. 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.    
  15.  

Sealed Bid Auction: 361± Acres of Development Land Prime Opportunity

The 361.68 acres of prime undeveloped property consists of 11 separate tracts located in the heart of Prince Edward County, Virginia.  The property is only a few miles from historic downtown Farmville and is located just off US Highway 15 (Farmville Road) and only a mile south of US Highway 460. Additionally, the property is only an hour or less drive to Lynchburg, Charlottesville and Richmond. 

Manor Master Plan – Residential Sections

 

Major cities near Farmville, VA

  • 48 miles to Lynchburg, VA
  • 65 miles to Richmond, VA
  • 95 miles to Durham, NC
  • 100 miles to Roanoke, VA
  • 107 miles to Raleigh, NC.
  • 115 miles to Greensboro, NC.
  • 120 miles to Norfolk, VA.
  • 133 miles to Washington, DC.
  • 136 miles to Virginia Beach, VA.
  • 169 miles to Baltimore, MD

History

The current 361.68 acres represents a portion of what was once known as the historic Poplar Hill Farm. Originally an 1,100-acre estate once owned by tobacco tycoon Walter Grey Dunnington, who reconstructed and expanded the original farmhouse into what became known as The Poplar Manor in 1897. The now vacant 8,500 SF Victorian style Manor Home still stands on the property today and is located at the southern portion of the property boundary.  Unfortunately, following several decades of neglect, the manor house has fallen into disrepair.  

Water & Sewer Available

Water and sewer are available for the development.  There is a water tower adjacent to the subject property.  A lateral water line currently runs through a portion of this property serving another development known as Fairfield Estates.  Additionally, sewer is available and currently has a sewer line that runs through the same area as the water, lateral to a pump station.  

The Championship Manor Golf Course adjoins this property’s southern boundary.  The Manor Golf Club features a semi-private 18-hole golf course in a spectacular setting and magnificent course layout and come complete with clubhouse.

RPC Zoning and County Requirements

The property resides within the only Residential Planned Community (RPC) zoning in all of Prince Edward County, Virginia creating a unique opportunity for development in the area.  RPC zoning offers flexibility in design and development with many options for residential, commercial, civic and office type uses within the property.  The guidelines and requirements that govern this zoning type are broad in nature and specifics to the development are ultimately determined by a master plan for development.  The original master plan for this property, was designed as a mixed-use development (residential and commercial use).  A copy of the RPC zoning is available under “Documents” at the bottom of the page.

Poplar Hill CDA (Community Development Authority) & Annual Amenities Fee Agreement

Property is subject to the Amenities Fee Agreement

Directions

FOR GPS DIRECTION USE THE MANOR GOLF COURSE ADDRESS:
872 Manor House Drive, Farmville, VA 23901

FROM NORTHERN VIRGINIA & RICHMOND: Take I-95 South to Powhite Parkway (Exit 79). Take Powhite Parkway to Route 288 (Chesterfield/Amelia), follow Route 288, exit onto US 360 West for approximately 35 miles to State Route 307 and continue 9 miles to US 460 West. Exit 460 at the second Farmville exit (Business US 15 North) Use the right lane to take the US-15 BUS N/US-15 S ramp to Farmville/Keysville. Turn left onto US-15 BUS S/Farmville Rd and go approximately 1 mile to entrance on left.

FROM LYNCHBURG/ROANOKE: Take US 460 E to Farmville. Use the right lane to take the US-15 BUS N/US-15 S ramp to Farmville/Keysville. Turn right onto US-15 S/Farmville Rd go approximately 1 mile to entrance on left.

Title and Title Commitment is provided below for review.

Bidder’s Information Packet with Bid Documents is available by calling 800-551-3588 or David Boush at 540-871-5810. Bidder’s Information Packet MUST be obtained from Auction Company and documents filled out with a deposit included to place a bid on the property. Sealed Bids due Wednesday, October 7, 2020 by 3 PM EDT.

Terms & Conditions of the Auction

  1. This Auction is being conducted subject to the Terms and Conditions of Sale and the Sealed Bid Auction Real Estate Purchase Agreement.
  2. BIDDER’S INFORMATION PACKET: Detailed Bidder’s Information Packets containing the Sealed Bid Auction Real Estate Purchase Agreement, title commitment, tax cards, and bidding instructions are available from our office via email, fax or mail order. A Bid Packet MUST be obtained and documents filled out with a deposit to submit a bid.
  3. AUCTION SALE AND BIDDING: The property is hereby offered by sealed bid auction subject to Seller confirmation. To participate and bid in the auction, your fully executed Sealed Bid Auction Real Estate Purchase Agreement (contained in the Bidder’s Information Packet) must be received by the Auction Company on or before 3:00 PM EDT, October 7, 2020.
  4. BID BASIS: Bidding is by lump sum bid, not per acre. Your bid will be for the entire property containing 361± acres.
  5. BUYER’S PREMIUM: A five percent (5%) buyer’s premium must be added to the high bid to determine the total Purchase Price.
  6. FINANCING: Your bidding and purchase of the real estate are NOT CONDITIONAL UPON FINANCING. Be sure you have arranged financing, if needed, and are capable of paying cash at closing.
  7. EARNEST MONEY DEPOSIT: A Deposit of ten percent (10%) of the total Purchase Price must accompany the bid either by cashier’s check or wire transfer. Deposit checks must be made payable to “Woltz & Associates, Inc. Escrow Account.” Cashier’s checks will be held uncashed during the bid consideration period. All Deposits on offers not accepted will be returned by mail on or before October 9, 2020. The Deposit for the accepted winning bid will be deposited into the Woltz & Associates, Inc. Escrow Account and held per the terms of the Sealed Bid Auction Real Estate Purchase Agreement.
  8. BID OPENING: Bids will be opened at the offices of Woltz & Associates, Inc., 23 Franklin Road, SW, Roanoke, Virginia, at 3:00 PM EDT on ­­October 7, 2020. Only the high bid will be announced.
  9. NOTIFICATION OF ACCEPTED BIDS: The successful Bidder will be notified on or before 5:00 PM EDT on October 7, 2020.
  10. TIE BIDS: In the event of any tie bids, Seller may accept the bid of Seller’s choice, or Seller may elect to allow the tie bidders to make their best and final offer with five (5) business days’ notice.
  11. REAL ESTATE DEED AND SETTLEMENT: The balance of the purchase price is due at settlement on or before November 20, 2020. The real estate will be conveyed by special warranty deed free and clear of liens, subject, however, to any rights of way, easements, agreements, and restrictions of record.
  12. ALL SALES ARE FINAL: The 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.
  13. AGENCYThe Auction Company and its representatives represent the Seller.
  14. LIABILITY: Bidders inspecting the property enter at their own risk.  Auction Company assumes no risk for bodily injury or damage to personal property.
  15. BROKER PARTICIPATION: Broker Participation is offered for this sale.  Call for more information.
  16. BOUNDARY LINES: Boundaries on aerial photos and topo maps are approximate.
  17. DISCLOSURES: Any disclosures known by the Auction Company can be found in the Bidder’s Information Packet. Bidders are encouraged to perform their own due diligence before submitting a bid for the property.
  18. GENERAL: The information contained in this brochure and otherwise provided by Seller and Auction Company 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.

 

Documents with numbers are part of the Title Search

Sealed Bid Auction: Prime Opportunity – 162.73± Acres Joins National Forest

More photos are available in the slideshow. Mobile users swipe left on the photo below to advance. Desktop users click on the dots underneath the photo.

BUYING LAND HAS NEVER BEEN EASIER.
Call to Request a Bidder’s Information Packet Today!

EVER PARTICIPATED IN A SEALED BID AUCTION?
IF NOT, DON’T WORRY BECAUSE THE PROCESS IS SIMPLE!

A sealed bid auction allows you to set your price. It’s an easy process and a great way to buy real estate. You must call and request a bidder’s information packet to submit your bid. The packet will walk you through the bid process and contains all documents needed to submit your bid. It is that easy!

DON’T MISS THIS OPPORTUNITY TO OWN THIS EXCEPTIONAL LAND TRACT!

Directions

From Roanoke, take US-221 N/US-460 E/Challenger Ave NE for approximately 13 miles. Turn Left onto Camp Jaycee Rd/SR 697 for 1.5 miles to end of state road and continue .2 mile and turn Right at sign (before Apple Butter Lane). Continue on gravel road until you come to the property. (Property is locked – call Agent for code to preview anytime)

Terms & Conditions of the Auction

  1. This Auction is being conducted subject to the Terms and Conditions of Sale and the Sealed Bid Auction Real Estate Purchase Agreement.
  2. BIDDER’S INFORMATION PACKET: Detailed Bidder’s Information Packets containing the Sealed Bid Auction Real Estate Purchase Agreement, title report, survey, tax card, and bidding instructions are available from our office via email, fax or mail order. A Bid Packet MUST be obtained and documents filled out with a deposit to submit a bid.
  3. BIDDING: The property is hereby offered by sealed bid auction subject to Seller confirmation. To participate and bid in the auction, your fully executed Sealed Bid Auction Real Estate Purchase Agreement (contained in the Bidder’s Information Packet) must be received by the Auction Company on or before 11:00 AM EDT, Thursday, June 25, 2020.
  4. BID BASIS: Bidding is by lump sum bid, not per acre. Your bid will be for the entire property containing 162.73 acres, as shown on the “Survey” Exhibit A in the Sealed Bid Auction Real Estate Purchase Agreement.
  5. BUYER’S PREMIUM: A five percent (5%) buyer’s premium must be added to the high bid to determine the total Purchase Price.
  6. EARNEST MONEY DEPOSIT: A Deposit of ten percent (10%) of the total Purchase Price must accompany the bid either by cashier’s check or wire transfer. Deposit checks must be made payable to “Woltz & Associates, Inc. Escrow Account.” Cashier’s checks will be held uncashed during the bid consideration period. All Deposits on offers not accepted will be returned by mail on or before Friday, June 26. The Deposit for the accepted winning bid will be deposited into the Woltz & Associates, Inc. Escrow Account and held per the terms of the Sealed Bid Auction Real Estate Purchase Agreement.
  7. BID OPENING: Bids will be opened at the offices of Woltz & Associates, Inc., 23 Franklin Road, SW, Roanoke, Virginia, at 11:00 AM EDT on Thursday, June 25, 2020. Only the high bid will be announced.
  8. NOTIFICATION OF ACCEPTED BIDS: The successful Bidder will be notified on or before 5:00 PM EDT on Thursday, June 25, 2020.
  9. TIE BIDS: In the event of any tie bids, Seller may accept the bid of Seller’s choice, or Seller may elect to allow the tie bidders to make their best and final offer with five (5) business days’ notice.
  10. SETTLEMENT: The balance of the purchase price is due at settlement on or before Thursday, August 6, 2020.
  11. ALL SALES ARE FINAL: The 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.
  12. 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.
  13. BROKER PARTICIPATION: Any appropriately licensed Virginia broker whose agent properly registers the successful high bidder will be paid a two percent (2%) commission based upon the contract sales price at settlement by the Seller. Applications 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 the Broker’s license number and Federal Tax ID number. The form must be received in the office of Woltz & Associates, Inc. accompanying the Sealed Bid Auction Real Estate Purchase Agreement and Deposit. Agents acting as principals buying on their own behalf, on behalf of family members, other licensed real estate agents, or who represent prospects that have had prior contact with the Seller or Auction Company are not eligible. An agent may register only one bidder for the Auction.
  14. BOUNDARY LINES: Boundaries on aerial photos and topo maps are approximate.
  15. DISCLOSURES: Any disclosures known by the Auction Company can be found in the Bidder’s Information Packet. Bidders are encouraged to perform their own due diligence before submitting a bid for the property.
  16. GENERAL: The information contained in this brochure and otherwise provided by Seller and Auction Company 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.

 

Call to Request a Bidder’s Information Packet Today!

Real Estate Auction: 3.416 Acres

3.416 Acres | Town Zoning R-2

What an opportunity to purchase such a fine property with so much potential at auction. The owners have decided not to develop this property and are making it available to you.  Come build it out or reimagine this sought-after spot located along Linville Creek.

Terms and Conditions of the Auction

REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 1:00 PM. Please bring a driver’s license for identification.
TERMS OF SALE: The property is being sold subject to Seller confirmation All
property is sold “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. ALL SALES ARE FINAL.
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.
LIABILITY: Bidders inspecting property enter at their own risk. Auction Company assumes no risk for bodily injury or damage to personal property.
BIDDING: 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: A Buyer’s Premium will be charged. 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 sale price.
AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
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 personal check payable to Woltz & Associates, Inc. Escrow Account.
TRANSFER OF TITLE TO REAL ESTATE: The real estate will be conveyed by general warranty deed free and clear of liens, subject, however, to any rights of way, easements, conditions, and restrictions of record. The balance of the purchase price is due at settlement on or before May 18, 2020.
BOUNDARY LINES: Boundaries shown on aerial photographs and topo maps are approximate. Refer to survey for exact boundary locations.
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.

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 noon on March 24, 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.

Real Estate Auction: 100 Acres and 5,000± SF Historic Custom English Tudor

This custom and private estate is in a prime location, within 20 miles of both the Homestead Resort in Hot Springs, VA and the Greenbrier Resort in White Sulphur Springs, WV. World class golfing, fishing, canoeing and other recreational opportunities abound, with the Jackson and James Rivers also nearby.

This beautiful English Tudor is nestled in a private setting, perched high on 100.17 gorgeous rolling acres with long range views of Covington and the surrounding mountains. The home offers 5,000± SF of elegant living area with high end architectural appointments, unseen in modern construction. This incredible home has been well preserved in mostly original condition. With 4 bedrooms, 4 full baths and 1 half bath on the first and second levels, there is ample room for a large family and friends. There are two additional bedrooms and another full bath in the partially finished attic. There is also a full bath in the unfinished basement. This fine home offers an abundance of entertainment and lounging areas throughout.

  • The matching detached three bay garage with large apartment above is preserved in similar fashion to the home and is perfect for a farm manager residence or guest quarters.
  • Other support structures include a 27 ft. x 24 ft. three-story barn and separate storage shed.
  • Together, this choice 100 acre site and the high-quality improvements offer one of Virginia’s premier estates, ready for the new owner’s finishing touches.
  • Carolton on the Ridge (circa 1929) is a regional landmark and will be offered in four parcels ranging from 6.07 acres to 39.98 acres and in any combination thereof, including as a whole 100.17 acre tract.
  • This estate is located in a private, gated setting at the end of East Carolton Drive on Payne’s Ridge in Covington.

Take advantage of this incredible opportunity to own one of Virginia’s most stately properties!

Charles B. Nettleton was a successful businessman operating a thriving forest products and lumber business in Covington in the early twentieth century. He and his wife Carrie B. Nettleton had two daughters, Carolyn and Blakeslee. The garage-apartment was constructed circa 1927-28 and the family moved into the apartment when the main home was started. The main home was finished, complete with formal boxwood garden, reflecting pool and flowering trees, and the family moved into the home circa 1928-29. The Nettleton daughters were raised at Carolton on the Ridge, which was designed by the renowned firm Smithey & Tardy Architects & Engineers of Roanoke, Virginia.

Annual Taxes $4,736 (Tracts 1-4) Estimated by agent
Auction Tract 1 (Located mostly in Alleghany County, Virginia): Zoned AR Agricultural-Rural Residential
Auction Tracts 2-4 (City of Covington,Virginia): Zoning R-1 Residential

Schools

Edgemont Elementary
Jeter-Watson Middle
Covington High

Directions

From Interstate 64 in Covington take Exit 16, follow signs for US 220 N/US 60-W and go Left on E. Madison St. Follow .9 mi. and go Left on S. Carpenter Dr. Follow .5 mi. under interstate and go Left on E. Carolton Dr. Follow .5 mi. and bear Right to stay on E. Carolton Dr. to its end. Continue through gated entrance at end of E. Carolton Dr. to Carolton on the Ridge.

Basic Terms & Conditions of The Auction

  1. REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 3:00 PM and sale starts at 4:00 PM, Wednesday November 20, 2019. Please bring a driver’s license for identification.
  2. TERMS OF SALE: All property is sold “AS IS, WHERE IS.” Bidders should perform such independent investigation with respect to the property as they deem necessary or appropriate. ALL SALES ARE FINAL.
  3. The property is being sold subject to seller confirmation and the sale will be confirmed at a minimum bid at or above $285,000 (plus 5% Buyer’s Premium).
  4. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
  5. LEAD PAINT: The property 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. 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.
  6. ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior communications, verbal and written, concerning this sale.
  7. BIDDING: The auctioneer will determine bid increments. The tracts may be bid upon individually and in any combination.
  8. BUYER’S PREMIUM: A Buyer’s Premium will be charged. The Buyer’s Premium on real estate is five percent (5%) of the high bid amount. The Buyer’s Premium is added to the high bid amount to determine the contract sales price.
  9. DEPOSIT: A deposit in the amount of ten percent (10%) of the contract sales price (high bid plus buyer’s premium) will be required on day of sale. The deposit is payable by cashier’s check or a pre-approved personal check made payable to Woltz & Associates, Inc. Escrow Account. A personal check will be approved if, prior to or at the time of registration, the bidder presents a bank letter stating the bidder is a customer of the bank and that the checking account is in good standing.
  10. CLOSING DATE FOR REAL ESTATE: The balance of the purchase price is due at settlement on or before January 8, 2020.
  11. TRANSFER OF TITLE TO REAL ESTATE: The real estate will be conveyed by special 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. FINANCING: The sale of the real estate is a cash transaction and is not conditioned upon the bidder obtaining financing. Bidders should arrange any necessary financing prior to registering to bid.
  13. BIDDER PACKET: A Bidder Packet with information regarding the real estate is available from the Auction Company and posted on our website at woltz.com.
  14. BROCHURE: The information contained in this brochure is subject to independent verification by prospective bidders. Neither the Auction Company nor the Seller assume any liability for its accuracy or any errors or omissions. Boundaries shown on aerial photographs are approximate. Please refer to survey in Bidder Packet for boundary locations.

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

 

Auction of the Historic White Sulphur Springs Property

The community rests on the former grounds of the late 19th-century grand resort, White Sulphur Springs Hotel. Today White Sulphur Springs is a beautiful 145-acre property along the Ararat River. A small community at the foot of the Blue Ridge Mountains and only minutes to the town of Mount Airy and the Blue Ridge Parkway.

Consistently ranked as one of the top 100 Best American Small Towns, Mount Airy, N.C., continues to garner kudos from tourists, journalists and new residents who are charmed by this quintessential southern town nestled in the foothills of the Blue Ridge Mountains. Native son and television icon Andy Griffith has brought Mount Airy much of its share of fame and glory as the inspiration for the fictional town of Mayberry.

Step back in time and enjoy the relaxed pace of this area.

  • 8 miles from Blue Ridge Parkway
  • 3 miles from downtown Mount Airy, NC

Lot Acreage (±)
1 1.05 ac Building lot
2 1.11 ac Building lot
3 1.01 ac Building lot
4 1.02 ac Building lot
5 1.52 ac Building lot
6 1.29 ac Building lot
7 1.15 ac Building lot
8 0.81 ac Building lot
9 0.81 ac Building lot
10 1.25 ac Building lot
11 1.08 ac Building lot
12 0.91 ac Building lot
13 0.80 ac Building lot
14 0.93 ac Building lot
15 10 acre wooded, secluded building site
16 10 acre wooded, secluded building site
17 10 acre wooded, secluded building site
18 10 acre wooded, secluded building site
19 10 acre wooded, secluded building site
20 10 acre wooded, secluded building site
21 10 acre wooded, secluded building site
22 12 acre wooded, secluded building site
23 10 acre wooded, secluded building site
24 10 acre wooded, secluded building site
25 3 Bedroom, 2 bath lodge home on 16.25 acres, with Ararat River frontage, hayfield and meadow
26 River frontage, hayfield and wooded site with 10 acres
27 Dogwood Cabin #1, 1BR 1BA. Kitchen and sitting area
28 Hemlock Cabin #2, 1BR 1BA
29 Laurel Cabin #3,  1BR 1BA
30 Chestnut Cabin #4, 1BR 1BA
31 Spruce Cabin #5, 1BR 1BA
32 Magnolia Cabin #6, 1BR 1BA

These sought after quaint furnished cabins have been in a short term rental program and have fans from all over the country. Come own your own piece of heaven on earth. Rent it out or just use as a getaway! The six cabins have condominium documents and will be sold separately.

A little White Sulphur Springs hotel History

During its heyday, which lasted from the 1890s into the 1920s, the White Sulphur Springs Hotel enjoyed its reputation as a swanky Southern resort that attracted affluent travelers from throughout the United States, and from as far away as Europe and South America. Old newspaper stories indicate that the hotel’s well-to-do clientele included a number of celebrities of the day. One such guest was Fay Templeton, a popular stage actress who performed on Broadway throughout the first three decades of the 1900s. The governors of South Carolina and Georgia also reportedly made annual summer pilgrimages to the hotel to escape the sultry heat in their own states.

 

Directions

10 minutes northeast of Mount Airy on Riverside Drive to White Sulphur Springs Road. Address: 133 White Sulphur Springs Road.

Broker Participation

Any broker actively licensed in the State of North Carolina 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 July 17, 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. Only one registered bidder per agent.

Basic Terms and Conditions of the Auction

  1. REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 3:00 PM. Please bring a driver’s license for identification.
  2. AUCTION SALE: The property 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 lots or any grouping of lots. 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 PAINT: The lodge home on lot 25 was 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 LBPD 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, business/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 September 3, 2019. There will be no assigning of lots or deeds between bidders. Lots 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.