Lot for Sale in Roanoke VA

Description

Lot for Sale in Roanoke VA

Build your upscale mountain home on this +/- 5.645 acre tract of wooded land in Roanoke VA!  Property is within the Fort Mason Subdivision, which has high-quality homes amongst wooded privacy. This property is located at the end of Terrapin Trail and is the 2nd to last property within the subdivision, which offers more seclusion and privacy. The build site is situated on top of the hill which provides mountain views through the trees. Property was perked in 2021 and is ready for the septic system.  It is located just 5 miles from amenities in Roanoke and 30 miles from Smith Mountain Lake. 

Online Auction Ends Wednesday, May 22nd, at 4 PM
TBD Terrapin Trl., Roanoke, VA 24018

CONTACT: Auctioneer Matt Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com. You can also contact Realtor Danielle Dillon at 540-597-7268 or email DDillonRealtor@gmail.com

DIRECTIONS: From Cave Spring, take Route 419 Electric Rd, to a right onto Starkey Rd., to a left onto Merriman Road. Turn left to stay on Merriman Rd, to a left onto Cotton Hill Rd., to a left onto Fort Mason Drive. Fort Mason Drive turns into Terrapin Trail. Property is on the left. See signs.

BIDDER PACK: Download Bidder Pack for complete information. 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, 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 AND CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $2,000 is required on the day of sale. Close on or before June 21st, 2024. 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 May 22nd, 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. 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.