Cottage for Sale at Auction in Roanoke County Va

Description

Cottage for Sale at Auction in Roanoke County VA

Escape to a peaceful country retreat just a short drive from Roanoke.
This 4.15 acre property offers the perfect blend of natural beauty and
convenience, featuring mostly open, fenced land with the picturesque Little Back
Creek flowing through it. With road frontage on two roads, the tract is easily
accessible and offers a fantastic opportunity to build your dream home in a
serene setting. The existing 2-bedroom, 1-bath home built in 1950 features both
hardwood and laminate flooring. According to tax card, homes exterior siding is
asbestos shingles. Outdoor enthusiasts will love the close proximity to the
Poor Mountain Trail, making this an ideal spot for hiking and recreation.

Online Auction Ends Friday, October
3rd at 3 PM
5502 Ridgelea Rd., Roanoke, VA 24018

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 Cave
Spring take Rt 221 South towards Floyd, Turn Right on ST- 694, Take slight Left
onto Ridgelea Rd. Property is on the left 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 3 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 November 17th, 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 3 PM on October 3rd, 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.