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Absolute- Farm Near Smith Mtn Lake

452 Listening Hill Rd : Penhook, VA 24137

Franklin County, Virginia

169 Acres
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Absolute- Farm Near Smith Mtn Lake : Penhook : Franklin County : Virginia

Ranch Description

Absolute Foreclosure Auction. Clear View Dairy Farm totals 169.622 acres, more or less, and is beautifully located just 5 miles from Smith Mountain Lake near Waters Edge Country Club. The majority of the farm is in fenced pastures and open fields and enjoys scenic views of Chestnut Mountain, plenty of good road frontage, and 3 ponds. Improvements include a 4 bedroom farmhouse, office, equipment storage, hay storage, and farm facilities (milking parlor, loafing barns, barns, grain bins, bunker silos, etc). The Mountain Valley Pipeline easement crosses the northern part of property.

Offered In 2 Tracts

Tract 1: 139.892 acres, more or less, on Listening Hill Rd with the home, all farm facilities, and 3 ponds. Ideal for farm, estate, or dividing into multiple tracts.

Tract 2: 29.73 acres, more or less, fronting on Listening Hill Rd with the majority in open field. Ideal for hay, crops, mini-farm, or residential estate.

Real Estate Terms And Conditions

Terms: Property sells “AS-IS”, "WHERE-IS" without warranties of any kind. Potential Buyers must perform such independent investigations with respect to the Property as they deem necessary to verify information provided by Auction Company.

Warranty: All information provided by Auction Company is deemed reliable but is not warranted. The information provided by the Auction Company is subject to verification by all parties relying on it. No liability for its accuracy, error or omission is assumed by the Auction Company.

Title: Seller will convey title by Special Warranty Deed free and clear of all liens.

Registration: Bids will be accepted only from registered bidders. Registration begins at 11:30 AM day of sale. Please bring a valid form of identification (i.e. driver’s license)

Announcements: Announcements made on day of sale take precedence over all prior communications, both verbal and written, concerning the sale of the Property.

Buyer’s Premium: A 10% buyer's premium will be added to the high bid to determine the final sales price.

Deposit: Deposit equal to 10% of final contract price (bid price plus buyer's premium) due day of sale by cash or certified funds may be required.

Approval: Property sells ABSOLUTE to the highest bidder.

Closing: Balance of Purchase Price shall be due and payable in collected funds within 30 days of the sale.

Agency: The auction company and its representatives represent the sellers.

Ranch features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by RANCHFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the seller directly regarding this listing.