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Escape to your own private retreat on Burks Fork Creek! This +/- 2.331 acre property offers the perfect blend of tranquility and relaxation. This charming vinyl-sided home welcomes you! The front section of the home is estimated to be over 100 years old, while the back section was added on in 1950. Since then, the home has undergone many recent upgrades and renovations. Featuring 2 bedrooms, 1 large bath and over 1,180 sq ft of living space, this would be an ideal vacation rental home. You will find laminate hardwood flooring throughout. The kitchen features a nice rustic feel with a gas range. Stay cozy during the winter months with the electric heat pump, gas log fireplace and pellet stove. The partial basement is ideal for extra storage. The detached 244 sq ft spring house has been converted into a rustic office and lounge area with electricity and a wood stove. There is a partially enclosed grilling station attached to the spring house.
The +/- 2.331 acre level lot is mostly cleared, making it ideal for outdoor activities and easy access to the creek. The paved driveway and barn are nice additions to the property. Enjoy the beauty of nature with over 600 ft of frontage Burks Fork Creek and a variety of fruit trees, including pear, apple, plum, cherry, blackberry, and raspberry. Burks Fork Creek is a well-known hot spot in Floyd and Carroll Counties for trout fishing.
This property is perfect for a weekend getaway, Airbnb rental, or recreational retreat. Property is within a short commute of Buffalo Mountain, the Blue Ridge Parkway, Meadows of Dan VA, Dugspur VA, Willis VA, Hillsville and Floyd, VA. Mount Airy NC and Wytheville are within 45 minutes to 1 hour of the property. This property offers the best of both worlds: peace and quiet with easy access to amenities.
Online Auction Ends Wednesday, December 4th at 4 PM
4900 Dugspur Rd., Dugspur, VA 24325
PREVIEW DATE: November 23rd at 10 AM
CONTACT: Auctioneer Matt Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com. You can also contact Realtor Jason Underwood at 540-230-9516 or email UnderwoodLandman@gmail.com
DIRECTIONS: From Hillsville, VA: take Floyd Pike (Route 221 N) towards Floyd, to a right onto Dugspur Road. Property is on the right in approximately 5 miles. See sign.
BIDDER PACK: Download Bidder Pack for complete information. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well.
SOFT CLOSE: If a bid is received within the last 2 minutes of the auction or after 4 PM, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates “snipers” and encourages fair and impartial bidding from all participants.
BUYER’S PREMIUM – TEN PERCENT (10%): Buyer’s Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer’s Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer’s premium = total purchase price of $110,000). Buyer’s Premium is not due until closing.
PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Referral Fee of 2% of the high bid is offered to a cooperating VA State Licensed Real Estate Salesperson/Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidder’s Agreement, maps, sample contracts, and property information.
TERMS & CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 is required on the day of sale. Close on or before January 20th, 2025. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on December 4th, 2024. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps at VAAuctionPro.com
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