Lot for Sale on the Dan River!

Description

Lot for Sale on The Dan River!

Check out this +/- 1 acre riverfront lot located along the Dan River. This property is great for building your very own weekend getaway. Property has a well; however, no septic is in place. Property is cleared on the front 1/3rd of the property along the river with the back 2/3rds of the property being wooded for privacy. Step into the water with ease using the concrete steps, ensuring an easy transition from the bank of the property into the water. Upon entering the property there is a metal gate at the top of the driveway. Located nearby is the Hanging Rock State Park where there is access to a public boat launch. This lot would be ideal for enjoying the peaceful river flow and entertaining family and friends. Lot is located within a flood zone.

The following deed restrictions do apply to property. “No residence containing less than 625 square feet shall be erected or moved upon the premises, but an apartment adjoining or above a garage may be built upon the rear one-third of the premises; no outside toilet, or privy shall be maintained on the premises; no swine, goats, or other noxious or dangerous animals shall be kept upon the premises.” Others may apply. Purchaser must complete their own due diligence.

Online Auction Ends Wednesday, March 19th, at 4 PM
TBD Gentry Rd., Danbury, NC 27016

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

DIRECTIONS: Take Hwy 8 N through Danbury, turn right on Gentry Rd. Property will be located on the left marked by sign.

CONTACT: Broker & Auctioneer Matt Gallimore at (540) 239-2585 or email Gallimore.Matt@gmail.com.

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 NC 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 $2,500 is required on the day of sale. Close on or before April 18th, 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 March 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.