United Country Blue Ridge Land & Auction Co Inc

 

Date(s) 11/19/2017 - 12/14/2017

Thursday December 14th - Online Only ending at 2 PM EDT

Past Auction
Online-Only Auction
Bidding Notice:

Bidding is open now and will End at 2pm EDT on Thursday December 14th, 2017. The 21 Lots are being offered in aggregate, individual lots not offered. There is a 5% Buyers Premium which will be added to final bid to arrive at a contract price. Winning and Confirmed Bidder will be expected to sign a Purchase Contract and make a $15,000 USD Earnest Money Deposit on Thursday December 14th, 2017.

Auction Notice:

Bidding is open now and will End at 2pm EDT on Thursday December 14th, 2017. The 21 Lots are being offered in aggregate, individual lots not offered. There is a 5% Buyers Premium which will be added to final bid to arrive at a contract price. Winning and Confirmed Bidder will be expected to sign a Purchase Contract and make a $15,000 USD Earnest Money Deposit on Thursday December 14th, 2017.

Auction Information
Name The Reserve at Fairystone, 21 Lots for Sale, Stuart VA
Auctioneer
Type Online-Only Auction
Date(s) 11/19/2017 - 12/14/2017
Auction Date/Time Info
Thursday December 14th - Online Only ending at 2 PM EDT
Checkout Date/Time Immediately following close of auction - sign Auction contract & earnest money deposit
Location
Buyer Premium 5% Buyers Premium Charged
Description
The Reserve at Fairystone, 21 Building Lots For Sale, Stuart VA Online Auction for 21 Building Lots at “The Reserve at Fairystone”. Bidding is open now and will End at 2 pm EDT on Thursday December 14th, 2017. The 21 Lots are being offered in aggregate, individual lots not offered. There is a 5% Buyers Premium which will be added to final bid to arrive at a contract price. Winning and Confirmed Bidder will be expected to sign a Purchase Contract and make a $15,000 USD Earnest Money Deposit on Thursday December 14th, 2017. Download Bidder’s Packet for maps, HOA documents, Terms and Conditions, Architectural Guidelines, and Sample Purchase Contract at www.BlueRidgeLandandAuction.com Developer’s rights can transfer to purchaser. The total acreage for the 21 lots being offered is +- 10.54 acres. The lots range from .36 of an acre to .83 of an acre. There is a list of each lot being offered with acreage and maps in the Bidder Packet. Each lot has full infrastructure and ready to build with paved roads, electric access, perk sites, and community water system. Individual County Assessments on each of the 21 lots being offered are $40,000 - $50,000 per lot. “The Reserve at Fairystone” is a premier log home development nestled in the Blue Ridge Mountains next to one of Virginia’s premier state parks, Fairystone State Park with 4,868 Acres. The Reserve at Fairystone has a total of 58 lots. There have been 37 log home building lots sold, leaving 21 lots. 36 of the lots which have been sold have log homes. The Reserve at Fairystone is located off Highway # 57 next to Fairystone Park, and within a close drive to Philpott Lake, Stuart VA, Bassett VA, Martinsville VA, the Blue Ridge Parkway, and Floyd VA. Nearby attractions such as Reynolds Homestead, Gordon Trent Golf Course, Chateau Morrisette Winery, Mabry Mill, Wayside Park, and Kibler Valley make The Reverse at Fairystone a great Retreat, Second Home Development, or Vacation Home location. This region of Virginia is also great for fishing, hiking, camping, hunting, and other outdoor recreation activities. Directions to The Reserve at Fairystone – From Stuart VA take Route 8 North (Woolwine Highway). Take a right on Highway 57 (Fairystone Park Highway), then left on Fairystone Lake Drive. The Reserve at Fairystone is on the right (Reserve Trail). For more information please contact Broker Auctioneer / Matt Gallimore with United Country – Blue Ridge Land & Auction at 540-239-2585 or email Gallimore.matt@gmail.com
The 21 Lots are being offered in aggregate, individual lots not offered. There is a 5% Buyers Premium which will be added to final bid to arrive at a contract price. Winning and Confirmed Bidder will be expected to sign a Purchase Contract and make a $15,000 USD Earnest Money Deposit on Thursday December 14th, 2017. Download Bidder Packet at www.BlueRidgeLandandAuction.com
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 150,000.00 5,000.00 USD
150,000.01 - 180,000.00 2,500.00 USD
180,000.01 - 200,000.00 1,000.00 USD
200,000.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 5% Buyers Premium Charged
Payment Terms
Earnest Money Deposit Due at close of Auction & signing of contract. Close in 30 Days.
n/a
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.