Riverfront Cabin for Sale at Auction in Floyd Va

Description

Riverfront Cabin for Sale at Auction
in Floyd VA

Have you been searching for a riverfront vacation home in
Floyd VA? Look no further than this charming cabin, built in 1986, that offers
a rustic retreat with approximately 177 ft of frontage along the West Fork of
the Little River.

The interior features 3 bedrooms and 2 baths, with electric
wall heaters. You will find 2 bedrooms, 1 bath, and a living room on the main
floor. The basement level has a bathroom, family room, and kitchen. Throughout
the cabin, you’ll find carpet flooring in the main living areas and panel
walls, while the baths have linoleum flooring. The home has 1,560 sq ft of
living space. There is a 26×12 loft/bedroom area overlooking the living room.
While there is no air conditioning, the riverside location provides a naturally
cooler environment. This property presents an opportunity for those seeking a
tranquil and functional cabin by the water.

The wood exterior and shingle roof blend seamlessly with
the natural surroundings and are set on a cinderblock foundation. A private
well and septic system serve the home. The home sits on approximately 1 acre
with easy access to the West Fork of the Little River. Access to the property is
by a right of way off Gallimore Lane. A portion of the property is located in a
flood zone. See Bidder Packet for more information. All personal property
conveys with the purchase of the home. This property would make a great
vacation rental home.

Online Auction Ends Wednesday, July 30th at 4 PM
595 Gallimore Ln., Floyd VA 24091

Click Here for Bidder
Packet
Click Here for Interactive
Map
Click Here for Property
VideoClick Here for Property Short

CONTACT: Auctioneer Matt
Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com. You can also contact Associate Broker Mauyer
Gallimore at 540-250-5051 or email Gallimore.TM@gmail.com

DIRECTIONS: From Floyd, VA – Take Rt 8
N towards Christiansburg, Turn Right on Gallimore Ln., in 0.9 mi Turn Left into
driveway and the property will be located on the right marked by 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 September 15th, 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 July 30th, 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.