Wooded Off Grid Land Adjoining Jefferson National Forest in Damascus VA!
A once in a lifetime opportunity awaits the new owner! This +/- 17.16 acre property has over 1,300 feet of road frontage on VA Highway 58. It features two entrances into this all wooded tract, with a spring creek flowing through from back to front. The spring creek is fed by twin springs originating in the George Washington and Jefferson National Forest. The right branch is only 1,200 feet from the Appalachian National Scenic Trail.
This amazing property is surrounded by the National Forest with VA Highway 58 forming the southern boundary line. Stepping across the road, you will be inspired by the Virginia Creeper National Recreation Trail. This trail is a 34 mile recreational trail for your enjoyment. Across from the trail, you will be awestruck by Virginia’s Whitetop Laurel Creek, a Class A Trout stream. This crystal clear creek is fed from Virginia Highlands spring and stream. Fiber Optic cable is at the road. All other utilities are Nonexistent.
This property has mountain views in all directions! Damascus VA (Trail Town USA) is only 5 minutes away. Abingdon VA (Oldest Town in Virginia West of the Blue Ridge Mountains) is only 20 minutes away and Bristol VA / TN (Birth Place of Country Music Museum) is only 30 minutes away.
This land would be a recreational or off grid enthusiast’s dream! Abundant wildlife, protected by bordering National Forests and located in a private setting. Don’t miss out on your opportunity to own this recreational retreat in Damascus VA!
Online Auction Ending Wednesday, June 14th at 4 PM
TBD Jeb Stuart Hwy., Damascus, VA 24236
Download Bidder Pack for Online Bidder’s Agreement, Maps, Sample Contracts, and Property Information.
ONLINE BIDDING – Online bidding is now active and runs through 4 PM June 14th, 2023. SOFT CLOSE.
DIRECTIONS – From I-81S take exit 19. Turn left onto US-11 N/US-58 E. Use the right 2 lanes to turn slightly right onto US-58 E. Go approximately 10.4 miles through the Town of Damascus. Turn left on US-58 E. for 2.3 miles. Property is on the left see sign.
BIDDER PACK: Download Bidder Pack for complete information on each offering. Bidder Pack has maps, complete terms and conditions, sample contracts, and tax cards.
SOFT CLOSE: If a bid is received within the last 3 minutes of the auction, 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 on day of auction, it’s added into high bid to arrive at a final contract price.
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 the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest money 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 on a 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 Buyer’s Broker Participation Fee of (2%) is offered on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the auction company.
10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 required by 5 pm (June 15th, 2023). Close on or before July 28th, 2023. Subject to seller confirmation. Property sold “as is, where is, with any and all faults.” Buyer is expected to complete their own due diligence. If confirmed Buyer will be expected to sign a Real Estate Purchase Agreement. Auction starts ending at 4 PM on June 14th, 2023. Please note that during the last three 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.