Wintergreen Condo - Earn Ski/Conference Rental Income

Real Estate Auction in 1711 High Ridge, Wintergreen Resort Virginia, United States

10 Tuesday
September 10th, 2019 1:00 PM

Wintergreen Condo - Earn Ski/Conference Rental Income

Real Estate Auction in 1711 High Ridge, Wintergreen Resort Virginia, United States

Tuesday at - 10th September , 2019

Notes

Buyers premium: 10% Buyers Premium based on the high bid.
Closing: 30-Day closing, sold in As-Is condition, no contingencies.
Deposit Amount: 10% deposit due within 2 business days of being notified that you are the successful high bidder.
Broker Coop: 2% of the high bid will be paid to a properly registered broker at settlement.

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Location has been calculated by address and may not be 100% accurate.

Auction Items For Sale

One of two available Wintergreen condos - please see Auction FX4587 for more information on the other condo.

2 bedroom
2 bath
+/- 1,283 SF

Gross Annual Rental potential per Wintergreen: in the range of $27,000/year
do your own research on-line !

On-line bidding opens at just $65,000

The new owner can choose to enroll the condo in the Wintergreen rental program, keep for private use or rent privately via AirBNB or VRBO, etc to maximize earnings!

Free shuttle bus
Make family memories here!
This spacious condo on the middle level of the building boasts magnificent, unobstructed views of the Blue Ridge mountains. The huge balcony is perfect for enjoying morning coffee and sunset cocktails. Nothing behind you but woods and wildlife. Privacy shades keep out the sun but maintain the views.
Raised hearth wood burning fireplace in gathering room; wet bar
Coat/ski closet
Open kitchen has granite counters, double stainless sink, glass cooktop, microwave and full size refrigerator
Large area for dining and games
Master bedroom features king bed, walk in closet and attached bath with linen closet, double sink in granite vanity, jetted tub with separate shower
Second bedroom has queen bed with single bunk above
Hall bath - new flooring, granite vanity, laundry closet with full size washer/dryer
Carpeted throughout main rooms, ceramic tile kitchen and baths.

Walk to Devil3s Knob golf, tennis and grill. The Mountain Inn is nearby, where you will find access to many of the resort3s activities, shopping, restaurants, conference facilities, events on the Blue Ridge Terrace, and childrens3 programs at the Treehouse. Transportation to the resort3s wide variety of other activities is available from the Mountain Inn.

Wintergreen Resort, known as Virginia3s Premier Blue Ridge Mountain Resort, is a four-season resort situated on 11,000 acres of mountain forest. Located in Nelson County, Virginia, adjacent to the Blue Ridge Parkway, the resort boasts a natural beauty and magnificent views that are rarely seen. Wintergreen offers an abundance of recreational activities, including 26 trails for skiing, snowboarding and tubing during the winter months; 36 holes of golf, including two courses at Stoney Creek in the Rockfish Valley; indoor and outdoor tennis courts; a full-service Spa with an Aquatics and Fitness Center; and excellent restaurants.

Wintergreen Resort offers many options for lodging, weddings and conference services. The Nature Foundation at Wintergreen offers a full calendar of events and information for hiking the mountain3s many trails. Presented by Wintergreen Performing Arts, Inc. every July, the Wintergreen Summer Music Festival features world-class artists during four weeks of performances.

Outdoor Pool - the Chestnut Springs Pool is open to all property owners and their guests. Summer hours only, pool, tennis and picnic pavilion available to reserve.

Helicopter landing - 2 zones available (for more information, go to Wintergreen POA website-- scroll down for link

Property owners belong to their own subdivison owner3s association AND Wintergreen Property Owners Association (scroll down for links to both), so check their websites and association documents to educate yourself before bidding.

Every property owner at Wintergreen is a member of the Wintergreen Property Owners Association (WPOA). WPOA provides many "municipal" services, including road maintenance, operation of community centers and pools, and police, fire and rescue services. WPOA can be reached at 434-325-8530 for additional information.

NELSON COUNTY, VIRGINIA

Picturesque Nelson County is located in Central Virginia between Charlottesville and Lynchburg. To the north, it borders the Blue Ridge Parkway. Numerous orchards and vineyards complement the natural beauty and rich rural heritage of the county. Outdoor recreation includes hiking along the Appalachian Trail or to the top of Crabtree Falls, canoeing and fishing on the James or Tye Rivers, or cycling on one of Virginia3s Scenic Byways. Nelson County offers a variety of locally produced wines and beers, served in their tasting rooms and restaurants.

Link to High Ridge website: https://www.wintergreenresort.com/Association-Management/
Link to Wintergreen Property Owners Association: http://www.wtgpoa.org/
this is important to review for policies, restrictions, and more
Link to Wintergreen resort: https://members.wintergreenresort.com/

Wintergreen Resort Assessment fees (basically road, common grounds, lighting, etc. maintenance): $1,700 per year
Highridge subdivision fees: $1,325 per qtr


Please be sure to download the Property Information Package by clicking on the words under “Documents to Download.” By downloading this package you will alert Tranzon Fox to your interest in this property and you will receive emails with any updates on this auction. The package contains information needed to participate in bidding at auction.
  FX0919MSA