Offering #4 – Building Site on Claytor Lake for Sale

Description

Multiple Lots for Sale on Claytor Lake

Are you searching for a weekend
get-a-way on Claytor Lake? Look no further than these 5 offerings that are
being sold at auction. This auction features +/- 13 acres that is split into 5
offerings. Each offering ranges from 1 to 6 acres. There is a Common Area that
serves these offerings. The lots adjoin, so you can purchase one or multiple
lots to get your desired acreage! This is known as Offering #4.

OFFERING #4 +/- 2.5818 ac:
This +/- 2.5818 acre tract is mostly
wooded with a gentle descending slope. Property is accessed by the easement
road. This tract has lake access as it touches the lake cove. The drainfield
information for Offering #4 is as follows: Two bedroom gravity primary with
Puraflo drip irrigation reserve. Engineering design required for reserve. Pump
chamber require due to drainfield location.

Common Area – This
area is approximately 0.66 acres and touches the lake. It provides a deeded
lake access point for Offering’s 1, 2 and 3.

Purchasers are aware that there is a 20′ ingress and egress
easement through all 5 Offering’s granting access to all tracts and common area
shown on survey. See Bidder Packet for survey. A Public Utility Easement for
AEP, Verizon, CATV, and others are noted on survey. There is 15′ reserved on
front lines, and 10′ on side and rear lot lines. However, easement does not
apply to the front line of Offering #4 due to drain field location.

Online Auction Ends Thursday, June 19th at 3 PMTBD Cabin Land Dr., Radford, VA 24141

Click Here for Bidder
Packet
Click Here for Interactive Map
Click Here for Property Video
Click Here for Claytor Lake’s Shoreline Management Plan

CONTACT: Auctioneer Matt Gallimore at 540-239-2585 or
email Gallimre.Matt@gmail.com. You can also contact Realtor Don Barker at
540-392-4918.

DIRECTIONS: From I-81 Exit 105 in Radford, turn onto Little
River Dam Rd – Follow Little River Dam Rd to a right on Owens Rd, to a left
onto Cabin Land Drive. 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 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.

SIMULTANEOUS CLOSE OF LOT BIDDING: Bidders desiring
more than one offering will need to be the high bidder on all offerings
desired. Each offering will stay open until all bidding is complete, and all
offerings will close simultaneously.

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 per offering
is required on the day of sale. Close on or before July 21st,
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 June 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.