Valuable Residential Real Estate For Sale @ Online Auction

Bidding Closes May 15, 2024 @ 1:00 PM

In partnership with Grindstaff's Auction Marketing Group we are offering at online auction the real estate and improvements located at 10425 Jordan Parkway, North Prince George VA 23860. This custom built home sits on a 1.27 +/- acre waterfront lot in the Jordan On The James Subdivision. It offers lots of luxury features and over 4,500 sq ft of total living space. In the main house it has 4 bedrooms, 3 full baths, and 2 half baths and in the detached guest house it has 1 bedroom and 2 full baths. Other features include a 2 car garage, custom swimming pool, two decks, screened in porch, stamped concrete driveway, and fountain. This property has some deferred maintenance and needs someone to love it again, but it provides an incredible opportunity to own one of the premier properties on Jordan Point.

Click Here - For A Virtual Tour Of This Home

This expansive custom home was constructed with attention to detail and quality finishes throughout. On the first floor you will find a formal dining and living room, chef's kitchen, breakfast nook, massive family room, half bath, office, and library with coffered ceiling, handcrafted bar/cabinetry, and woodstove. On the second floor you will find a massive primary suite with bay sitting area, his and hers walk in closets and luxurious master bath with jetted tub. Also on the second floor are three more bedrooms each with their own walk in closet and a full bath plus additional half bath. On the basement level you will find an additional bathroom near the outdoor bar area as well as a workshop/storage area. 

The castle themed 1,200 sq ft detached guest house features its own full kitchen, 1 bedroom, two full bathrooms, and huge family room/game room upstairs with built in office and storage space. It has its own front porch with view of the water and a spiral staircase inside one of the turrets leading to the second floor balcony. The guest house was built in 1999 and is on its own electric meter. Outdoor spaces include a spacious front porch, screened in rear porch, first floor deck with pergola, custom stone patio and swimming pool, boardwalk and gazebo on the water, plus backyard garden space.

Click Here - For A Floor Plan For This Home

This is a solid house with no major structural or functional issues that we are aware of but the property does need some maintenance and updating. The main house is due for a new roof. The decks and porches could use some maintenance. The swimming pool and fountain pool out front have not been operational for quite some time and need work. The boardwalk and gazebo on the water need painting. The interior wall in the guest house has settled and has a gap at the ceiling.

Don't miss your chance to make this extraordinary property yours. It is well located in a quiet subdivision on the James River at Jordan Point just 8 miles from I-295 and 20 miles southeast of Richmond with easy access to many local amenities. Where ever you go, this is the place you will want to come home to!

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 May 15, 2024 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 Is Being Sold By Order Of The Estate Executor With A Starting Bid of $100,000

Pre-Auction Offers Will Be Entertained

Property Tours: 5-6 PM Monday April 29 and 5-6 PM Friday May 10 or at other dates and times by appointment. Please Call Linford Berry (Auctioneer) at 540-476-3309 or Anne Grindstaff at 804-301-2488 for more information or appointment to see the property. 

Property Highlights:

• Spacious 1.27 Acre Lot With Water Frontage On Billy Creek
• Custom Home Built In 1992
• Zoned RE
• Main House 3,236 Sq Ft
• Detached Guest House 1,200 sq ft
• Total Of 5 Bedrooms, 5 Full Baths, 2 Half Baths
• Front Porch, Screened In Back Porch, Deck With Pergola, Porch On Guest House
• Two Car Attached Garage
• Custom Swimming Pool (Needs Work)
• Fountain and Fish Pond In Circular Driveway
• Stamped Concrete Driveway
• Appliances Convey With Property
• Multi-Zone Heat Pump With Central AC
• Gas Hot Water Heat
• Wood Fireplace In Library
• HOA Fees ($980 Annually)
• Simms Lake Park - HOA Common Area
• County Real Estate Tax Assessed Value $528,800 ($4,336 Annual Taxes)
• Municipal Water and Sewer
• Natural Gas
• Prince George Electric Company (Separate Meter For Guest House)

Additional Information, Photos, And Video Can Be Found At The Tab Or Dropdown Menu At The Top Of This Page or By Clicking The “Bid Online Now” Button.

Terms and Conditions:

• WE GUARANTEE A FREE AND CLEAR DEED TO THE PROPERTY
• This property is being sold in AS-IS condition with no financing/appraisal/inspection contingencies. Bidders are strongly encouraged to inspect the property themselves and/or 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.
• 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).
• Payment Terms: 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 on or before 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.
• Financing can be obtained for the property, but the sale is not contingent upon obtaining financing.
• All information provided by Mountain Valley Auction Group was obtained from sources believed to be reliable but are not guaranteed. Buyer shall rely on their own information, judgment, and inspection of the property.
• View the sample purchase agreement and complete terms under the "Docs" tab or drop down menu at the top of the page under the photo.

Note For Real Estate Agents: Preapproved (No later than 5:00 PM on May 14) buyers agent participation will be compensated. Click This Link For Form.