Details
AUCTION DATE: Friday, September 5, 2025 @ 12:00 noon
PROPERTY LOCATION:
5115 Hot Springs Rd, Hot Springs, VA 24445
County: Alleghany
LOCATION OF AUCTION:
Off-site bidding location: Alleghany Co. Courthouse, 266 W. Main St., Covington, VA 24426
PREVIEW DATES: No previews scheduled, drive by inspections only. Contact the sales managers for more information.
SALES MANAGERS:
George McDaniel - 434-546-9235 - gmcdaniel@countsauction.com
Pete Ramsey - 434-258-6611 - pete@countsauction.com
Property Overview:
What's selling:
The entire tract has 79.8 acres with a house and some out buildings. We will be selling this in two tracts as follows:
Tract 1 – A 2,689’ house on 20.7 acres. The house has 3 bedrooms and 4 baths with a basement and an attached 2 car garage. There are also several out buildings on this tract. The tract has approximately 1,150‘ of road frontage on Hot Springs Rd. (Rt. 220). The terrain of the property is gently rolling with Falling Spring Creek running through the tract. The property is mostly open land suitable for pastures or crops. Tax parcels 25-2 and 25-3
Tract 2 – The tract has 49.1 acres and a barn. There is a house on this tract of undetermined condition. This tract has gently rolling hills and Falling Spring Creek running along the southern boundary. There is over 3,000’ of road frontage on Hot Springs Rd. (Rt. 220). This tract is mostly open land suitable for pastures or crops. Tax parcels 25-9 and 25-10.
***These tracts are nestled in a valley about 8 miles north of Covington and 11 miles south of Hot Springs. The property could be used as a working farm, hunting and other recreational activities. The Falling Spring Falls is located just south of the property. This scenic waterfall is an attraction in the area.
Contact Information:
For more details, please reach out to our sales managers:
- Pete Ramey: 434-258-6611 pete@countsauction.com
- George McDaniel: 434-546-9235 gmcdaniel@countsauction.com
Directions:
From Exit 16 on I-64 in Covington, take Rt. 220N/60W towards Hot Springs for approximately 10 miles. The tracts will be on the right just past the Falling Spring Falls.
Buyer's Premium: 10%
Terms: A $15,000 deposit in certified funds per tract is due on sale day with the balance due at closing in 30 days. Full terms listed below.
Terms and Conditions
Terms & Conditions:
A 10% buyer's premium will be added to the final high bid to determine contract price. A deposit of $15,000 in certified funds per tract is due on sale day with the balance due in 30 days from the sale date. The high bidder will be required to sign a contract the day of the sale and pay the deposit. NOTE: By bidding at this sale, the Buyer hereby acknowledges receipt of and agrees to all these Terms and Conditions.
Due Diligence: Any reliance on the content of information provided shall be solely at the recipient's risk. All information is believed to be correct but is not guaranteed. Bidders must conduct and rely solely upon their own due diligence. The property is being sold "AS-IS" with all faults.
Controlling Law:
The respective rights and obligations of the parties with respect to the Conditions of Sale and the conduct of the sale shall be governed and interpreted by the laws of the Commonwealth of Virginia. By making an offer at the sale, whether present in person or by agent, written offer, telephone, online or other means, the participant shall be deemed to have consented to the jurisdiction of the state and federal courts of the Commonwealth of Virginia.
Acceptance of the terms is acknowledged by placing a bid.
Compliance:
Federal regulations generally prohibit the purchase of this property, directly or
Indirectly, by directors, officers, and employees of Farm Credit of the Virginias, ACA
