ABSOLUTE TRUSTEE AUCTION - 0.91 ACRE WATERFRONT LOT ON SMITH MOUNTAIN LAKE.

ABSOLUTE TRUSTEE AUCTION - 0.91 ACRE WATERFRONT LOT ON SMITH MOUNTAIN LAKE.

Absolute Trustee Auction:  A 0.91 acre waterfront lot on Smith Mountain Lake. PREVIEW DATES:  Saturday August 30th (10:00 am -12:00 pm) and Saturday September 13th (10:00 am - 12:00 pm). Drive by inspections allowed at other times. SALES MANAGER:  Pete Ramsey - 434-258-6611 - pete@countsauction.com
LIVE AUCTION - WATERFRONT LOT SMITH MOUNTAIN LAKE
Image for Lakeside Farms Lot 82 thumb
Image for Lakeside Farms Lot 82 thumb
Image for Lakeside Farms Lot 82 thumb
Image for Lakeside Farms Lot 82 thumb
Image for Lakeside Farms Lot 82 thumb
Image for Lakeside Farms Lot 82 thumb
Image for Lakeside Farms Lot 82 thumb
Image for Lakeside Farms Lot 82 thumb
Image for Lakeside Farms Lot 82 thumb

Details

AUCTION DATE:  Friday, September 19, 2025 @ 12:00 noon

PROPERTY LOCATION:  Lot 82, Lakeside Farms, Crestview Dr. (Red Barn Ln), Wirtz, VA

County:  Franklin County

LOCATION OF AUCTION: 

Lot 82, Lakeside Farms, Crestview Dr. (Red Barn Ln), Wirtz, VA

PREVIEW DATES:  Saturday August 30th (10:00 am -12:00 pm) and Saturday September 13th (10:00 am - 12:00 pm). Drive by inspections allowed at other times.

SALES MANAGER:  Pete Ramsey - 434-258-6611 - pete@countsauction.com

Property Overview:

What's selling:  

A 0.91 acre waterfront lot on Smith Mountain Lake. This gently sloping lot has 152' of waterfront near Channel Marker B48 on the Blackwater River portion of Smith Mountain Lake. The shoreline is riprapped. It is located in the Lakeside Farms subdivision. All roads are paved with underground electricity to the lot. The lot has been perced for 3 bedrooms. Water and septic system will be the responsibility of the lot owner.

 

Lakeside Farms amenities include a community dock with room for entertaining as well as boat slips for day parking. The plat of the property contemplates a dock on the property. Please contact Appalachian Power Co. (40 Franklin Rd. SW, Roanoke, VA; 540-985-2524) to determine size and location of the dock you wish to build. The POA dues are $55/month.

Tax Map #046/09082/00

   

 

The tax assessment for this lot is $282,000.

 

Directions:

 

From the traffic circle at the intersection of Brooks Mill Rd. and Burnt Chimney Rd., turn south onto Burnt Chimney Rd. and go 1 .4 miles to Plybon Ln. Turn right onto Plybon Ln. and go 0.4 miles to Plybon Cir. Turn left onto Plybon Cir. And go 0.4 miles and the road signs become Crestview Dr. Continue on Crestview Dr. for 0.6 miles. The property is on the right.

 

Buyer's Premium:  10%

Terms:  A deposit of $20,000 in certified funds is due on sale day with the balance due at closing in 30 days.  Full terms listed below.

Terms and Conditions

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 $20,000 in certified funds is due on sale day with the balance due at closing within 30 days from 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