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Recreational Tract for Sale in Tazewell VA

Auction on 11/21/2024 @ 4:00 PM EST
Auction Type: online

Description

Recreational Tract for Sale in Tazewell VA

If you’re searching for a secluded spot to build your dream home or a relaxing retreat to unwind, look no further than the Cove Creek area. Nestled in the mountains of Tazewell County, VA this community offers an abundance of wildlife, refreshing clear waters, and invigorating mountain air, making it the perfect place to slow down and enjoy breathtaking scenery. Located on Oneida Peak Road, this property boasts 100 +/- acres of privacy, ideal for building, riding ATVs, creating walking trails, or simply soaking in the serene sounds of nature. Situated above the stunning Nye Valley at 3,900 feet in elevation with majestic long-range views making it an idyllic location for your country getaway. This magnificent property is divisible, with old growth hardwood timber.

Property is accessed by a 50' right-of-way/private drive off State route 662 Cove Creek Road. This is a gated and private area. There is a 200' wide APCO easement where 100' runs along the back boundary of property being sold and 100' on the adjacent property to the rear.

Online Auction Ends Thursday, November 21st at 4 PM
Lot 13A Oneida Peak Rd., Tazewell, VA 24651

CONTACT: Auctioneer Matt Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com. You can also contact Realtor Bill Cordle at 276-701-3446 or email BillCordle1@gmail.com

PREVIEW DATE: Friday, November 1st at 4 PM & Saturday, November 9th at 11 AM

DIRECTIONS: From Tazewell, turn right onto State Route 61 east, for 11 miles. Turn left onto Cove Creek Road, Route 662. travel approximately 3.5 miles, Turn left at Oneida Peak Road. Gate code required for access through the gate.

BIDDER PACK: Download Bidder Pack for complete information on each offering. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well.

SOFT CLOSE: If a bid is received within the last 2 minutes of the auction or after 4 PM, 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 until closing.

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 off 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 Referral Fee of 2% of the high bid is offered to a cooperating VA State Licensed Real Estate Salesperson/Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidder’s Agreement, maps, sample contracts, and property information.

TERMS & CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 is required on the day of sale. Close on or before January 6th, 2025. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on November 21st, 2024. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes for every bid placed. 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.