Northern Rockbridge County, Virginia

Absolute Auction
Shenandoah Valley Home Sites

Sold

Great Opportunity for Investors

Shenandoah Valley Homesites

7 Beautiful Home Sites In Ridgemore Subdivision

Seven extremely desirable home sites with mountain and pastoral views in the well established Ridgemore Subdivision in northern Rockbridge County. Convenient to historic Lexington and historic Staunton with I-81 access at Exit 205 at Raphine and Exit 200 at Fairfield.

The Ridgemore Subdivision is uniquely located on one of the highest points in the Shenandoah Valley affording views of the Alleghany Mountain range to the west and the Blue Ridge Mountain range to the east. The many architecturally
attractive homes in the subdivision make this a very desirable location to build your dream home.

Don't miss this rare opportunity to own one of the few remaining home sites in one of the Shenandoah Valley's most desirable areas at your price.

Call for a complete bidder's packet.


View from Auction Tract 4 (Subdivision Lot 8)	View from Auction Tract 5 (Subdivision Lot 9)

View from Auction Tract 6 (Subdivision Lot 13)	View of Auction Tract 2 (Subdivision Lot 26)

View of Auction Tracts 1&2 (Subdivision Lots 26&27)	View from Auction Tract 3 (Subdivision Lots 25)

View from Auction Tract 2 (Subdivision Lot 26)	View from Auction Tract 2 (Subdivision Lot 26)

View from Auction Tract 1 (Subdivision Lot 27)	View from Auction Tract 1 (Subdivision Lot 27)

View from Auction Tract 1 (Subdivision Lot 27)	View from Auction Tract 1 (Subdivision Lot 27)

View from Auction Tract 7 (Subdivision Lot 1)	View from Auction Tract 7 (Subdivision Lot 1)

Don’t miss this rare opportunity to own one of the few remaining home sites in one of the Shenandoah Valley’s most desirable areas at your price.

Auction Tract #	Subdivision Lot #	Acreage ±
1	27	4.77
2	26	4.62
3	25	11.31
4	8	2.11
5	9	2.08
6	13	3.33
7	1	2.32

GigaPan

Documents

Auction Tract 1 - Tax Parcel Information
Auction Tract 2 - Tax Parcel Information
Auction Tract 3 - Tax Parcel Information
Auction Tract 4 - Tax Parcel Information
Auction Tract 5 - Tax Parcel Information
Auction Tract 6 - Tax Parcel Information
Auction Tract 7 - Tax Parcel Information

Auction Tract 1 - Sewage Disposal Permit
Auction Tract 2 - Sewage Disposal Permit
Auction Tract 3 - Sewage Disposal Permit
Auction Tract 4 - Sewage Disposal Permit
Auction Tract 5 - Sewage Disposal Permit
Auction Tract 5 - Soils Report
Auction Tract 6 - Sewage Disposal Permit
Auction Tract 7 - Sewage Disposal Permit
Auction Tract 7- Estimate for Engineered Sewage Disposal System

Auction Tract 1 - Title Commitment
Auction Tract 2 - Title Commitment
Auction Tract 3 - Title Commitment
Auction Tract 4 - Title Commitment
Auction Tract 5 - Title Commitment
Auction Tract 6 - Title Commitment
Auction Tract 7 - Title Commitment

Subdivision Map
Covenants & Restrictions
Homeowners Association - Auction Tracts 1-3
Broker Participation Form

Directions

Property Directions:
From the North: Take south bound I-81 Exit 205 at Raphine. Turn right at the end of the exit ramp towards Raphine. Take an immediate left onto Oakland Circle ( Route 917). Go 1.4 miles to the intersection of Oakland Circle ( Route 917) and Ridge Road (Route 613). Ridgemore Drive will be immediately across from the intersection. GPS Coordinates: 37º 55.90 N • 79º 15.215 W.
From the South: Take northbound I-81 Exit 200 at Fairfield. Turn left at the end of the exit ramp. Go .2 mile and turn right onto Ridge Road ( Route 613). Go 3.5 miles and turn left onto Ridgemore Drive.

Sale Site Address:
Best Western Inn at Hunt Ridge • 25 Willow Springs Road, Lexington, Virginia 24450

Sale Site Directions:
From I-81, take Exit 191, merge onto I-64 West towards Charleston. Go 1 mile and take Exit 55 for US-11. Turn right onto N. Lee Highway (US-11 North). Go .1 mile and turn left onto Maury River Road (VA-39W). Go .2 mile and turn right onto Willow Springs Road.

Broker Participation

Any appropriately licensed real estate broker whose agent properly registers the successful high bidder will be paid a two percent (2%) commission from the sale proceeds at settlement. No other commission will be paid by Woltz & Associates, Inc. or Seller. Registration must be on a Woltz & Associates, Inc. Broker Participation Application form and contain the name, address and signature of agent and prospect as well as Broker’s license number and Federal Tax ID number. The form must be received in the office of Woltz & Associates, Inc. by 12:00 noon on June 9, 2010. If prospect attends preview, agent must attend with prospect. Additionally, agent must attend sale and co-register with prospect on auction day. Only the first broker to register the high bidder will be paid a commission. Agents acting as principals, on behalf of licensed real estate agents, on behalf of family members, on behalf of entities in which they hold an ownership interest or who represent prospects who have had prior contact with seller or auction company are not eligible. Only one registered bidder per agent. Broker Participation Form

Terms and Conditions

REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 5:00pm. Please bring a driver's license for identification.
AUCTION SALE: All property will be sold absolute to the high bidder. ALL SALES ARE FINAL: All property is auctioned "AS IS, WHERE IS" with all faults in its condition at the time of sale without recourse by way of refund, reduction of the purchase price, or otherwise. Bidders should perform such independent investigation with respect to the property as they deem necessary or appropriate.
FINANCING: Your bidding and purchase of the property is not conditional upon financing. Be sure you have arranged financing, if needed, and are capable of paying cash at closing.
LIABILITY: Bidders inspecting property enter at their own risk. Auction Company assumes no risk for bodily injury or damage to personal property.
BIDDING: Qualified bidders may bid on individual tracts, any grouping of tracts or on the whole property. The auctioneer will determine all bid increments. All decisions by the auctioneer regarding bid acceptance are final.
ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
BUYER'S PREMIUM: The Buyer's Premium on the real estate is 5% of the high bid amount. The Buyer's Premium will be added to the high bid to determine the final sale price.
AGENCY: The Auction Company and its representatives represent the Seller, Countryside Land Company, LC.
REAL ESTATE DEPOSIT: A deposit in the amount of ten percent (10%) of the contract sale price will be required on day of sale. The deposit is payable by cashier's check or pre-approved personal check payable to Woltz & Associates, Inc. Escrow Account. Personal checks will be approved if the Buyer presents a bank letter stating that the Buyer is a customer of the bank and the checking account is in good standing.
REAL ESTATE DEED: The real estate will be conveyed by general warranty deed free and clear of liens, subject, however, to any rights of way, easements and restrictions of record. The balance of the purchase price is due at settlement on or before July 9, 2010. There will be no assigning of tracts or deeds between bidders. Tracts will be deeded in the manner purchased at the auction.
BOUNDARY LINES: Boundaries on aerial photos and topo maps are approximate. Refer to survey for exact boundary locations.
GENERAL: The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, error, or omissions is assumed by the Seller or the Auction Company.

Contact

For more information, please contact Charlie Wade (VA# 3176).
Phone Number: (540) 342-3560 or 800-551-3588
Email:charlie@woltz.com