Valuable Real Estate For Sale At Online Auction
Ending September 27, 2023 @ 1:00 PM

In partnership with Lee & Associates Real Estate we are offering at online auction the real estate located at the end of Valley View Avenue in Mt Sidney VA. This property is comprised of three tax map parcels that are being sold as one tract totaling 55 +/- acres. It is primarily zoned single family residential with potential for development. Seize the opportunity to shape the future of this unique property. Whether you are a developer seeking a captivating project or an investor envisioning a secluded mountaintop retreat, this auction is your chance to secure a piece of Mount Sidney's history and most spectacular views.

Location, Location, Location!

Conveniently located in the central Shenandoah Valley with easy access to I-81, I-64, and the Shenandoah Valley Regional Airport, Mt Sidney is an ideal place to call home. This particular property offers more than most in the area as it sits astride the ridge that the town is named after. With elevations of over 1,500 ft, it offers the potential for sweeping views of the Shenandoah Valley to both the east and west. Build your dream estate home and be king of the hill, or subdivide and develop it. The choice is yours.

Zoned For Residential Development!

This property is designated for development in Augusta counties comprehensive plan and zoning. The main 48 acre parcel is zoned single family residential, the other two small parcels are zoned General Ag but in the comprehensive plan they are all in the medium density residential zone. Some preliminary design work was done many years ago to complete the Valley View Estates subdivision on this land but it was never finished. (see 1980 drawings under documents tab) There are county sewer and water hookups available, however the elevation poses a challenge due to a lack of water pressure at the higher reaches of the property. There is road frontage on Seawright Springs Rd, and both upper ends of Valley View Ave. Shenandoah Valley Electric has a utility line easement through the property.

This Is An Online Only Auction - All Bids Must Be Submitted Online. Click The "Bid Online Now" Button To See Property Details and To Bid.

The bidding for this property will close at 1:00 PM September 27, 2023 with a two minute auto extend. This means that if a bid is placed within the last two minutes the bidding will be extended for an additional two minutes.

This property sells subject to seller confirmation with a starting bid of only $100,000

We Guarantee A Free And Clear Deed To The Property!

Property Tours: You are welcome to stop by and visit the property at any time. Please be respectful of the neighbors properties and do not block the driveways. We will be onsite to show you around and answer any questions you might have on August 25 and September 8 @ 1:00 PM each day or at other times by appointment.  Please call Linford Berry (540-476-3309) or Jeff Robb (540-478-7616) for an appointment.

Property Highlights:

• Spectacular Views Possible To The East and West
• Top Of The Property Is 300 Ft Above The Valley Floor
• Abundant Wildlife
• Mature Timber
• County Water and Sewer Hookups Available
• Road Frontage On Seawright Springs Rd and End Of Valley View Ave
• Once In A Lifetime Opportunity To Buy Land That Has Been In The Same Family For Over 100 Years
• Recent Survey Completed (see documents tab)

Additional Information Can Be Found At The 'Documents' Tab At The Top Of This Listing and By Clicking The “Bid Online Now” Button.

This property is being sold AS-IS with no financing/appraisal/inspection contingencies and with no warranties or guarantees of any kind. Seller guarantees a free and clear deed to the property. Bidders are encouraged to enlist the assistance of professional inspectors or contractors in evaluating the condition and value of the property. All inspections must be performed prior to the auction.

Payment Terms: (See our complete terms at the tab above). Payment will be in the form of Cash or Cash Equivalent with a $20,000 non-refundable deposit due the day of the auction (within 24 hours for online bidders at a distance) and the balance due at closing within 45 days. Deposit will be applied to the purchase price at closing. Please do not bid if you are not able to close within 45 days.

Buyers Premium: There will be a 10% Buyers Premium added to the high bid to determine total contract purchase price. (For example a 100,000 bid would have a buyers premium of $10,000 added for a total purchase price of $110,000).

Note For Real Estate Agents: Preapproved (No later than 5:00 PM on Tuesday September 26) buyers agent participation will be compensated.  (See Documents Tab For Form)