Cottage in Patrick County, Va on +/- 1.72 Acres

Description

Cottage in Patrick
County, VA on +/- 1.72 Acres

Address: 4420 Woolwine Highway,
Stuart, VA 24171

Property Highlights

Square Footage: 868 sq. ft. on main level
Basement: 700 sq. ft. with woodstove
Bedrooms: 2
Bathrooms: 1
Year Built: 1925 (updated and remodeled)
Lot Size: +/- 1.72 acres

This property will be sold at real
estate auction. The home has been updated and is in good condition. It features
laminate hardwood flooring throughout, with laminate tile in the kitchen and
bathroom. A heat pump was installed in 2022.

The kitchen includes a refrigerator,
range, and dishwasher. The home has covered front and back porches and a large,
covered side deck. The property has a private well and septic system and a
backyard with open space.

Located between the Town of Stuart and
the Woolwine community near the Blue Ridge Parkway, Philpott Lake, and
Fairystone Park, this property could serve as a primary residence, second home,
or rental.

Online Auction Ends
Wednesday, November 19th at 4 PM
4420 Woolwine Hwy, Stuart, VA 24171

Click Here for
Bidder Packet
Click Here for
Interactive Map
Click Here for
Property Video

CONTACT: Auctioneer
Matt Gallimore at (540) 239-2585 or email Gallimore.Matt@gmail.com. You can also contact Realtor Booie DeHart at (276)
952-5061 or email BooieD@yahoo.com.

DIRECTIONS: From Floyd
VA – take Route 8 South for approximately 18 miles. Home is on the left, just
before the intersection of Route 57 & Route 8. See signs.

From Stuart VA – take
Route 8 North for approximately 9 miles. Home is on the right, just after the
intersection of Route 57 & Route 8. See signs.

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 5th, 2026. 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 November 19th, 2025. 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.