Lot for Sale on Smith Mountain Lake in Moneta Va

Description

Lot for Sale on Smith
Mountain Lake in Moneta VA

Have you been
searching for a lot for sale on Smith Mountain Lake? Check out this +/-1.03
acre wooded lot ready for you to build your lake home on! This property is
being sold through online auction. Lot is in the Beechwood West Community of
Smith Mountain Lake and has approximately 54ft of frontage on the lake. Property offers an ample amount of frontage on a state
maintained road and several building sites. Beechwood West Community Homeowners
Association annual dues are $275. Don’t miss your chance on owning this beautiful
property!

Online Auction Ends Friday, July 25th
at 3 PM
Lot 114 Forest Lawn Dr., Moneta, VA 24121

Click Here for Bidder
Packet
Click Here for Interactive
MapClick Here for Covenants and Restrictions

CONTACT: Auctioneer Matt
Gallimore at 540-239-2585 or email Gallimre.Matt@gmail.com. You can also contact Realtor Levi Cox at
540-230-7162 or email LeviCox87@gmail.com

DIRECTIONS: From Hales Ford Rd – Right
onto Forest Lawn Dr – Property on 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 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 September 8th, 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 July 25th, 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.