Auction Items For Sale
ABSOLUTE TRUSTEE AUCTION
Smith Mountain Lake waterfront property
Friday October 4, 2019 @ 12:00 pm
Sale Manager: Pete Ramsey 434-258-6611
Location of property: Lot 63, The Retreat
Corner of Veranda Bay Dr. and Ivy Ln, Union Hall, VA
Sale Site: The sale will be conducted at the property.
5.858 acres located in The Retreat on Smith Mountain Lake. This wooded lot is located on the corner of Veranda Bay Dr. and Ivy Ln. It has a covered boathouse with two slips. Each slip is approximately 10’ W x 22’L. One of the slips has an electric boat hoist as well as a remote-controlled electric pontoon boat cover. The boathouse also has a storage shed. There is electricity to the boathouse. In addition, the shoreline is rip-rapped. It has about 190’ of water frontage on Smith Mountain Lake. The lot has 815’ of road frontage on Veranda Bay Dr. and 200’ on Ivy Ln. The property has public water available.
Preview dates: Saturday 9/14, Saturday 9/21, and Sunday 9/22 From 10:00 am – 11:00 am. Self-guided inspection tours are welcome anytime.
10% Buyer’s Premium added to the high bid to determine the contract price. A deposit of $25,000 in certified funds will be due on sale day with the balance due in 15 days. Real estate taxes will be prorated as of the day of the auction.