Auction Information
Home and Land Near Claytor Lake for Sale in Hiwassee VA!
Home and Land Near Claytor Lake for Sale in Hiwassee VA!
Here is your opportunity to purchase an awesome wooded property close to Claytor Lake at Online Auction. This auction features 112 +/- Acres being sold in 3 offerings ranging from 10 to 55 acres. Offering 1 features a 2 bedroom, 1.5 bath stone home and a few outbuildings. Offerings are completely wooded with ATV trails throughout. Sloping land with abundant wildlife. These would make great recreational or hunting properties as well as a nice private location for a new home. Properties offer exceptional mountain views and are located just minutes from both the New River Trail and Claytor Lake. Bidders desiring multiple tracts will need to be high bidder on all tracts desired. Each offering will stay open until all bidding is complete and all offerings will close simultaneously.
Online Auction Ending Thursday January 19th at 4 P...
Online Auction Ending Thursday January 19th at 4 PM
5100 Little Irish Rd, Hiwassee VA 24347
OFFERING #1 (This Offering) - This offering consists of 46.46 acres of wooded land with a 2 bedroom, 1.5 bath home. Home features over 2,200 square feet with hardwood floors throughout main level, heat pump, gas fireplace in living room and plumbing in basement for additional bath. Has a front porch, large back deck and stone patio to enjoy the views. Also has a woodshop and separate outbuilding. Property features driveway coming off Little Irish Rd and also has road frontage on Julia Simpkins Rd.
OFFERING #2 - This offering consists of 55.1 acres of wooded land featuring a stream. Sloping land with abundant wildlife and trails throughout. Property has road frontage on Little Irish Rd.
OFFERING #3 - This offering consists of 10.44 acres of wooded land. Features ATV trails throughout and an abundance of wildlife. Has road frontage on Little Irish Rd.
ONLINE BIDDING Online bidding is now active and runs through 4 PM on January 19th, 2023. SOFT CLOSE.
PREVIEW DATES Thursday January 5th at 4 PM & Friday January 13th at 4 PM
BIDDER PACK: Download Bidder Pack for complete information on each offering. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and soil work. Some of the plats in Bidder Pack 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 3 minutes of the auction, 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.
SIMULTANEOUS CLOSE OF LOT BIDDING: Bidders desiring more than one lot will need to be high bidder on all lots desired. Each offering will stay open until all bidding is complete and all offerings will close simultaneously.
BUYERS PREMIUM TEN PERCENT (10%): Buyers Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyers 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% buyers premium = total purchase price of $110,000).
GENERAL TERMS AND CONDITIONS: 10% Buyers Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 per tract required on day of sale (January 19th, 2023). Close on or before March 6th, 2023. Subject to seller confirmation. Property sold as is, where is, with any and all faults. Buyer is expected to complete their own due diligence. Tracts are being offered individually and if bidder wishes to purchase multiple tracts, bidder will need to be the high/winning bidder on both offerings. Auction starts ending at 4 PM on January 19th, 2023. 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. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.
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 the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest money 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 on a specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for sellers acceptance. A Buyers Broker Participation Fee of (2%) is offered on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the auction company.
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