New Contemporary Home Near Dan River in Meadows of Dan VA!

Description

New Contemporary Home Near Dan River in Meadows of Dan VA!

You have the opportunity to purchase a beautiful contemporary home in Meadows of Dan VA. This property features +/- 5 acres of land near the Dan River!  Built in 2022, this high quality home features +/- 944 square feet with 2 bedrooms, and 1 bath. Construction beyond building code and includes concrete floors, vaulted ceiling in great room, split unit heating and cooling, PBR metal roof used in industrial construction, metal siding, 2x6 exterior walls with foam insulation in walls and ceiling. Has a private well and septic, and gravel driveway. Storage building also on the property.

Located on +/- 5 acres, this property is in a secluded location with nice views. Enjoy quiet country living near the Dan River in Meadows of Dan VA!  This would make a great recreational or fishing retreat!  Great as a year round home or vacation retreat. Don’t miss your opportunity to own this unique mountain get-away! 

Access is by private drive Ramp Hollow Lane. One neighbor past this home uses this road.

Maps provided in the bidder packet were plotted through advanced mapping software using metes and bounds description from deed and is most likely more accurate than the county GIS in regards to the boundary.

Online Auction Ending Wednesday, April 5th @ 4 PM
323 Ramp Hollow Lane, Meadows of Dan, VA 24120

Online Bidding – Online bidding is now active and runs through 4 PM on Wednesday, April 5th, 2023. SOFT CLOSE.

Preview Date – Tuesday March 21st at 4 PM

Directions – From Hillsville- Rt 58 East to 58 East Business at Blue Ridge Parkway and Meadows of Dan. Take right on Squirrel Spur Rd, left on Bent Rd, to left on Ramp Hollow Lane. Access is by private drive – Ramp Hollow Lane.

Contact – Broker & Auctioneer Matt Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com; You can also contact Realtor Darrell Hylton at 540-250-0850 or email dwh@swva.net

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 bid price place online, which will determine the Total Contract Sales Price. Bidders hereby understand that the Buyer’s Premium shall 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).

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 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 and on which 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 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.
 

TERMS AND CONDITIONS

10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 required on day of sale (April 5th, 2023). Close on or before May 22nd, 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. Auction starts ending at 4 PM on April 5th, 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. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.