Details
20 acres with a 1,690' house - Tax Map # 80-5-4A
AUCTION TYPE: Absolute Trustee Auction
AUCTION DATE: Friday, October 25, 2024 @ 12:00 noon
LOCATION OF AUCTION: Off-site bidding location: Bellevue Recreation Center, 4051 Goode Station Road, Goode, VA 24556
PROPERTY ADDRESS: 1520 Grassy Mountain Ln., Forest, VA 24551 Bedford County
CLICK THE EXTERNAL LINK TO SEE A VIDEO: https://www.youtube.com/watch?v=CaGymRGIZR8
PREVIEW DATES: There will be no preview dates. Drive-by inspections only. Potential bidders are not allowed on the property. Contact one of the sales managers for preview information.
SALES MANAGERS:
Pete Ramsey - 434-258-6611 - pete@countsauction.com
George McDaniel - 434-546-9235 - gmcdaniel@countsauction.com
Note the live bidding location is an off-site location, the Bellevue Recreational Center @ 4051 Goode Station Rd Goode VA 24556.
Property Features:
- 1,690 sq. ft. home
- 3 bedrooms
- 2 bathrooms
- Situated on 20 acres of mostly wooded land
- The property offers privacy and beautiful mountain views from the house.
- An excellent opportunity to own a woodland retreat while still being close to local amenities.
This auction is ideal for real estate investors, bargain hunters, or anyone interested in acquiring a large tract of land. It's a unique chance to bid on a property where the full potential may be realized by the new owner.
Mark your calendar for an auction experience where you could make the winning bid!
Directions:
From Jefferson Forest High School, go 4.1 miles on Perrowville Road (Rt. 663) to Coffee Road (Rt. 644). Turn right onto Coffee Road and go 0.6 miles to Grassy Mountain Lane. Turn left onto Grassy Mountain Lane and go 0.8 miles to the house.
Nearby Towns:
- Forest, VA: A charming, quiet suburban area located between Lynchburg and Bedford, offering a mix of residential spaces and access to nature.
- Lynchburg, VA: About 20 minutes away, Lynchburg is a historic city along the James River with a vibrant downtown, art galleries, and restaurants.
- Bedford, VA: Approximately 20 miles west, Bedford is known for its historical significance and quaint small-town atmosphere.
- Goode, VA: Located just a few miles south, this small community is home to the Bellevue Recreation Center where the auction will take place.
Historic Places:
- Thomas Jefferson's Poplar Forest (Forest, VA): This historic site was Thomas Jefferson’s personal retreat and is a beautiful example of his architectural and landscape design. It's just about 10-15 minutes from 1520 Grassy Mountain Lane.
- National D-Day Memorial (Bedford, VA): Located about 20 minutes from the property, this national monument honors the Allied forces who participated in the D-Day invasion of Normandy.
- Point of Honor (Lynchburg, VA): A historic home in Lynchburg that showcases 19th-century architecture and serves as a museum dedicated to the history of the region.
Things to Do:
- Peaks of Otter (Blue Ridge Parkway, Bedford, VA): This is an excellent spot for hiking, picnicking, and enjoying the stunning views of the Blue Ridge Mountains. Located about 30 miles from Forest, it’s perfect for nature lovers.
- Percival's Island Natural Area (Lynchburg, VA): A scenic park along the James River in downtown Lynchburg, great for walking and biking.
- James River Adventures (Lynchburg, VA): If you're into water activities, this outfitter offers kayaking, canoeing, and tubing trips along the James River.
Buyer's Premium: 10%
Terms: A deposit of $5,000.00 in certified funds is due on sale day with the balance due in 30 days. Full terms listed below.
Terms and Conditions
Terms & Conditions:
A 10% buyer's premium will be added to the final high bid to determine contract price. A deposit of $5,000 in certified funds is due on sale day with the balance due at closing in 30 days. The high bidder will be required to sign a contract the day of the sale and pay the deposit. NOTE: By bidding at this sale, the Buyer hereby acknowledges receipt of and agrees to all these Terms and Conditions.
Due Diligence: Any reliance on the content of information provided shall be solely at the recipient's risk. All information is believed to be correct but is not guaranteed. Bidders must conduct and rely solely upon their own due diligence. The property is being sold "AS-IS" with all faults.
Controlling Law:
The respective rights and obligations of the parties with respect to the Conditions of Sale and the conduct of the sale shall be governed and interpreted by the laws of the Commonwealth of Virginia. By making an offer at the sale, whether present in person or by agent, written offer, telephone, online or other means, the participant shall be deemed to have consented to the jurisdiction of the state and federal courts of the Commonwealth of Virginia.
Acceptance of the terms is acknowledged by placing a bid.
Compliance:
For the purpose of ensuring compliance with applicable federal regulations restricting “related party” transactions by Farm Credit of The Virginias, ACA (Bank), Purchaser represents and warrants to Bank that as of the date of this Contract, Purchaser is not an employee, director, or officer of Bank or an immediate family member (meaning spouse, parent, sibling, child, step child, parent-in-law, sibling-in-law, or daughter-in-law) of any employee, director, or officer of Bank.
If Purchaser is a corporation, partnership, limited liability company, or other entity, Purchaser represents and warrants that none of its manager(s) or owner(s) are related parties of Bank as described above, unless Purchaser is a public company whose entity is traded on a national recognized exchange, in which case, only a controlling interest shall be considered for purposes of this representation.
If Purchaser is a trust, Purchaser represents and warrants that neither is trustee(s) nor its beneficiaries are related parties of Bank as described above.
