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.

Additional features in full screen mode

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.

Additional features in full screen mode

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.

Additional features in full screen mode


 

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

Additional features in full screen mode

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.

Sealed Bid Real Estate Auction: 2,057± Acres of Timberland on Purgatory Mountain

The Purgatory Mountain tract is a 2,057± acre timberland tract located just north of Roanoke in Botetourt County with easy access from I-81.  Cartmill Gap is a major feature of the property.   This timberland tract has several access points and has a good interior network of all-weather roads. The tract supports stands on mixed Appalachian hardwoods. A major feature of the tract is a beautiful and secluded mountain top meadow.  Several small streams are found on the property. Wildlife species include deer, turkey, bear and other small game species. 

More information coming

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: 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.

 

Real Estate Auction: Smith Mountain Lake Fall Spectacular Event!

Franklin County, Virginia
Smith Mountain Lake Fall Spectacular Event!
24 Incredible Lakefront Estate Lots
Ranging from 2.2± Acres to 18.1± Acres
2.3± Miles of Shoreline

Located at the mouth of Bull Run, across the lake from The Water’s Edge

Leave your worries at the shore of Virginia’s second largest freshwater lake.

We invite you to discover the freedom, excitement and community of lake living with a once-in-a-lifetime auction opportunity on October 14, 2015. This unprecedented public sale features 143 acres, offered in 24 estate size tracts ranging from one to three acres in Virginia’s beautiful Mountain Region. Boasting 2.7 miles of untouched Smith Mountain Lake shoreline, this waterfront has never been for sale and may never be again.

Whether you’re searching for the ideal location to call home or a vacation residence to create lasting family memories for generations to come, you can enjoy the full spectrum of lake leisure on luxurious Smith Mountain Lake.

Under the watchful care of the Blue Ridge Mountains and surrounded by the security and serenity of the east coast’s most beautiful countryside, Smith Mountain Lake’s 22,000-acre footprint boasts 500 miles of shoreline and endless opportunities to experience the tranquility that only sunrises reflecting off glassy waters can offer.

Easily accessible from destinations nationwide, Smith Mountain Lake is only minutes from the City of Roanoke’s historic downtown and the Roanoke-Blacksburg Regional Airport, featuring non-stop flights to eight major cities and one-stop flights to anywhere in the world. Not close enough? Smith Mountain Lake maintains a private airstrip that’s guided small aircrafts to the shores of Virginia’s most ideal lake setting for the last 50 years.

Well known for its luxury living, Smith Mountain Lake’s 500 miles of shoreline are dotted with beautiful homes and well-established communities, making this auction of 24 miles of virgin shoreline a homeowners dream. Lake leisure is to be experienced, not defined. Some experience their lake lives at the helm, navigating winds on a strong summer day. Others prefer barefoot mornings and cocktail sunsets.  Whatever your preference, Smith Mountain Lake has the size and scope to accommodate your lake proclivities. Whether you’re seeking luxury, leisure, adventure or a combination of the three, take hold of your lake life and enjoy the freedom to build your unique future on Smith Mountain Lake.

The best of Mother Nature surrounds Smith Mountain Lake. Outdoor enthusiasts can enjoy miles of the east coast’s most challenging, yet accessible hiking, biking and horse trails within a short drive. From the Blue Ridge Parkway, to the famed Appalachian Trail and downtown Roanoke’s offering of urban greenway trails, outdoor opportunities abound. If you prefer skimming along open waterways, to driving twisting roadways in your search for an afternoon hike, Smith Mountain Lake State Park is a short boat ride away and boasts miles of trails that weave intricately through the embodiment of southwest Virginia countryside.

Dammed in the 1960s and carefully maintained by Appalachian Power, Smith Mountain Lake is one of only a handful of waterways that can claim only an average deviation in depth of five feet over 50 years of existence. This means homeowners today enjoy the same consistent water levels and year round lake access from shoreline docks that they have since the lake was created in the 1960s. 

Located on the lake’s southern end, the 143 acres offered in 24 estate size tracts up for auction on October 14, 2015, are ideally located on Smith Mountain Lake’s largest open water section, yet maintain the privacy and serenity of wooded lots.

 

Home to wakeboarders and sailors alike, and equally known for its laid back reel and line lifestyle, Smith Mountain Lake provides the ideal backdrop for you to create a lake life that is unique to the future you decide.

The lake is calling.

Tract # Acreage (±) Footage Along 800′ Contour (±) Footage Along 795′ Contour (±)
1 5.0 359.9 262
2 5.0 671.0 611
3 5.0 1,214.1 1191
4 5.0 996.9 1087
5 5.1 830.0 814
6 5.0 596.4 565
7 5.9 518.3 445
8 6.7 1,017.7 918
9 5.4 383.6 344
10 7.5 205.4 191
11 11.4 342.4 292
12 18.1 368.5 295
13 15.8 185.0 204
14 6.4 368.2 385
15 4.0 280.2 149
16 4.6 584.3 747
17 3.9 691.6 411
18 3.5 361.8 332
19 3.2 500.1 432
20 3.6 393.3 362
21 3.2 263.7 206
22 3.6 555.2 609
23 3.1 653.0 457
24 2.2 272.4

258

Directions to Property

From Route 40 at Union Hall take Kemps Ford Road beside the Whistle Stop. Take Kemps Ford Road to a right on Dillard’s Hill Road. Go to property on right which starts at the corner or Dillard’s Hill Road and Alpine Drive and extends to Lakestone Road. Property fronts on Alpine Drive, Dillard’s Hill Road and Lakestone Road.

 

Woltz & Associates, Inc.

Real Estate Auction: Historic National Landmark-The Natural Bridge of Virginia

Natural Bridge, Virginia
Real Estate Auction
Historic National Landmark-The Natural Bridge of Virginia

For Immediate Release
Contact: Jim Woltz / 540.342.3560

Natural Bridge of Virginia Has a Bright Future
Owner generously gifts the Bridge and 188 acres—valued at $21 million—
to Virginia Conservation Legacy Fund

Natural Bridge, Va. (Feb. 6, 2014)—Woltz & Associates, Inc. today announced the sale of Virginia’s historic Natural Bridge and 1,500 surrounding acres to the Virginia Conservation Legacy Fund (VCLF).   In the coming years, as part of the terms of the agreement, VCLF will deed Natural Bridge and its surrounding properties to the Commonwealth of Virginia to become a Virginia State Park.  This arrangement was made possible because the Bridge’s owner, Angelo Puglisi, generously gifted the Bridge and 188 acres of the property—valued at $21 million—to VCLF.    

Since 1988, the Natural Bridge, the hotel, attractions and more have been owned and operated by Washington, DC area real estate developer Angelo Puglisi.  He purchased it all with the intent of keeping it accessible to visitors forever.    

Commenting on the new ownership, Puglisi said, “This incredible property is filled with inspiring splendor and history.  I am pleased that this national landmark—once owned by Thomas Jefferson and surveyed by George Washington—now has a path into the Virginia State Park system that will allow upcoming generations to enjoy it just as I have enjoyed it.” 

Jim Woltz, President of Woltz & Associates, said, “This agreement has been months in the making and we’re very pleased with the result.  It’s a great accomplishment to put the last piece of a complicated puzzle together.  The result is a tremendous benefit to the region and the state.  It would not have happened without such a wonderful owner and seller, Angelo Puglisi.”

Multiple parties—including the Virginia Department of Conservation and Recreation (DCR), the Department of Environmental Quality and numerous conservation groups and organizations—worked together to find a solution that was true to Mr. Puglisi’s vision to preserve Natural Bridge and its surroundings for visitors for years to come.

“I admire Mr. Angelo Puglisi and his efforts to conserve Thomas Jefferson’s Natural Bridge for the benefit of future generations. Virginians, indeed all Americans, should be grateful. One of our nation’s most iconic natural landscapes is now protected in perpetuity,” said Joe Elton, Interim Director, Virginia Department of Conservation and Recreation.

VCLF will purchase the balance of the conservation land assets of 1,300 acres with a loan from the Virginia Clean Water Revolving Loan Fund administered by the Virginia Department of Environmental Quality and the Virginia Resources Authority.  Repayment of the loan will be funded through donations and operations of the Bridge.  Upon repayment of the loan, the property and operations will be conveyed to DCR—managers of the Virginia State Park system.

The Natural Bridge itself is designated as a Virginia Historic Landmark as well as a National Historic Landmark.  Known as one of the world’s natural wonders, the Natural Bridge of Virginia has attracted visitors from around the globe since the time of Thomas Jefferson’s ownership.  It is a significant local, regional and national attraction.

Woltz added, “Through the work of many people, Natural Bridge will remain one of the top scenic destinations not only in Virginia but across the U.S.”

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About Woltz & Associates:
Woltz & Associates, Inc. is one of the Mid-Atlantic’s largest real estate auction/brokerage companies and specializes in estates, farms, ranches, commercial, industrial and investment properties, residential developments, office buildings, and timber, hunting and recreational land.

About Virginia Conservation Legacy Fund:
Virginia Conservation Legacy Fund, Inc. (“VCLF”) is a nonprofit organization which seeks to conserve an appropriate portion of Virginia’s natural resources for public access and enjoyment. Their work in preserving and restoring wildlife habitat is also designed to create economic activity through the recreational and mixed use of Virginia’s vast forests and open spaces. VCLF is a member of the 25 year old Roanoke, Va.- based Kissito Healthcare, Inc. (“Kissito”) a nonprofit charity working both domestically and internationally in health, aging, nutrition, and human development. The relationship between health, nutrition, and our natural environment is well documented. VCLF and Kissito seek to blend these three disciplines to improve the quality of life for the people of Virginia while sustaining our natural resources.

About the Natural Bridge:
The Natural Bridge is a portal to U.S. history.  Easy to get to and hard to forget, it is just off­ Interstate 81 in Virginia’s Shenandoah Valley.   Over five million years old, standing 215 feet at its highest reach, surveyed by George Washington and once owned by Thomas Jefferson, the Natural Bridge is in the esteemed list of being one of the most notable natural wonders of the New World.

To Be Sold at Auction: The Natural Bridge • The Natural Bridge Hotel • The Natural Bridge Gift Shop • The Caverns Of Natural Bridge • The Natural Bridge Wax Museum • 1600± Contiguous Acres Offered in 35 Individual Tracts.

The Natural Bridge of Virginia sits in the southern end of Rockbridge County, flanked by the Blue Ridge Mountains. Forged by nature millions of years ago, the solid limestone bridge stands 20 stories high with a span of 90 feet.

Known as one of the world’s natural wonders, the beauty and spectacle of The Natural Bridge of Virginia has attracted visitors from around the globe since the time of Thomas Jefferson’s ownership and continues today to be a significant local, regional and national attraction. During colonial times and into the early Republic, the Natural Bridge was considered one of the most notable natural wonders of the New World. Today the bridge itself is designated as a National Historic Landmark as well as a Virginia Historic Landmark.

It is doubtful that many properties exist today that are still privately owned which offer so much legacy and history. At the age of 18, George Washington is said to have surveyed the property for Lord Fairfax in 1750. Washington, as the story is told, is said to have scaled some twenty-three feet up the southeast wall of the Bridge and chiseled “G.W” into the stone wall. Thomas Jefferson first saw the Natural Bridge in August of 1767. On July 5, 1774, King George III granted 157 acres of land, including the Natural Bridge to Thomas Jefferson for 20 shillings. The history of the Natural Bridge is rich and deep and offers an incredible opportunity to private investment funds/individuals, hotel operators/investors, conservation groups, developers, land investors and individuals looking for a beautiful Virginia parcel of land to construct their own estate or dwelling.

The Bridge is a stone arch spanning a distance of 90 feet and towering 215 feet above Cedar Creek. Rockbridge County is named for the Bridge. U. S. Route 11 passes directly over the Natural Bridge and was the primary north-south corridor for travel and transportation through the Shenandoah Valley. Visitors can either walk down to the trail head on Cedar Creek or take a short bus ride. The trail under the Bridge and along Cedar Creek begins at the Summer House. At the Summer House visitors can enjoy beverages and food in the open dining area. The trail then leads to the Natural Bridge where visitors linger and take in the massiveness of this stone arch. From the Bridge, the Cedar Creek Nature trail continues through the Cedar Creek Gorge passing the Monacan Indian Village complete with interpreters and ending at Lace Falls. Visitors then return each evening to the Bridge to witness the Drama of Creation light show.

Hotel

The second most significant feature of The Natural Bridge of Virginia is the famous Natural Bridge Hotel and Conference Center. The Hotels is a three story brick structure constructed in 1964 replacing the historic frame hotel. The Hotel is 71,640 square feet and boasts 92 guest rooms. The main floor includes lobbies, gift shop, offices, and restrooms, Jefferson Ballroom (5,600 square feet), Colonial Dining Room (Seats 200) and Kitchen. The Red Fox Lounge adjoins the Colonial Dining Room and seats 50. Adjacent to the main hotel is the Annex. This is a three story brick structure built in 1952 with 9,720 square feet and 30 guest rooms. In addition to the Annex there are eight brick cottages in close proximity to the Hotel which have an additional 36 guest rooms. The Natural Bridge Gift Shop is a 50,990 square foot brick building built in 1954 having slate roof and full two story columns on the front. On the first floor it houses the gift shop, restaurant, ticket sales, offices, restrooms and candy counter. On the lower level one will find restrooms, game room, butter fly exhibit and entrance to bus and Bridge pathway. The Natural Bridge Caverns are located a short distance north of the Hotel and have been opened to the public since 1977. Visitors enjoying the Natural Bridge Caverns tour descend more than 34 stories deep into the earth. The tour is highlighted by Mirror Lake, the Waterfall Room, the Canyon Room, the Colossal Dome Room, and the Wishing Well Room. The Cavern building was built in 1980 and houses the gift shop and entrance to the Caverns. Another major attraction at the Bridge is the Natural Bridge Wax Museum. The Wax Museum building is a two story brick structure built in 1957 with 14,052 square feet of space and also part of gift shop tract. For many years it has been leased to Dorfaman Museums who run the exhibit and have their workshop located here.

Directions

From I-81 Southbound take exit 180 and then Route 11 south. From I-81 Northbound take exit 175 and then north on Route 11.

Distances to Natural Bridge:
Blacksburg, VA – 69 miles
Charlottesville, VA – 80 miles
Fredericksburg, VA – 150 miles
Harrisonburg, VA – 70 miles
Lexington, VA – 16 miles
Lynchburg, VA – 35 miles
Norfolk, VA – 195 miles
Richmond, VA – 35 miles
Baltimore, MD – 226 miles
Charleston, WV – 195 miles
Charlotte, NC – 225 miles
Washington, DC – 180 miles
Asheville, NC – 270 miles