PROPERTY LOCATION
0 Moneta Rd
Moneta, VA
Bedford County
(next to Post Office at 14211 Moneta Rd)
AUCTION LOCATION
Live auction held on site.
Online and phone bidding available.
Beautiful tract near Smith Mountain Lake ideal for your private estate or residential / mixed use development!
- 129.2 acres with +1,400’ of road frontage on Moneta Rd / Rt.122
- Located near Downtown Moneta between the Moneta SML Library and Moneta Post Office
- Just 3mi from Smith Mountain Lake / Hales Ford Bridge / Bridgewater Plaza & Marina
- Approx. 55 acres of beautiful open land with creek and views of the Blue Ridge Mountains
- Balance is beautifully wooded natural hardwood forest
- Public water on property (20” main)
- Public sewer is just over 2,000’ in either direction
- Consists of (2) Bedford County Tax Parcels: Map# 222-A-1B (99ac) zoned PRD Planned Residential Development and Map# 221-A-71 (30ac) zoned R1 Residential
AGENT ON SITE
- Thur, June 8, Noon-2PM
- Sun, June 11, 1-3PM
- Sat, June 17, Noon-2PM
- Wed, June 21, Noon-2PM
- Private tours available other days by appointment
- Self-guided tours ok during daylight hours
DIRECTIONS TO PROPERTY
- From Roanoke: Rt.24E 14mi to RIGHT at Staunton River High School onto Stony Fork Rd (801). 3mi to RIGHT on Rt.122S. 3.6mi to property on right.
- From Lynchburg/Bedford: US-460W to Bedford. Take exit for Rt.122S. At end of ramp, LEFT on Rt.122S. 13.6mi to property on right.
TERMS SUMMARY
- 10% deposit due day of sale by cash or good check. Closing on or about 30 days. 5% buyer's premium. High bid subject to Seller approval. Click on "Terms" tab for full terms and conditions.
Terms: Property sells "AS-IS" without warranties of any kind. Potential Buyers must perform such independent investigations with respect to the Property as they deem necessary to verify information provided by Auction Company.
Warranty: All information provided by Auction Company is deemed reliable but is not warranted. The information provided by the Auction Company is subject to verification by all parties relying on it. No liability for its accuracy, error or omission is assumed by the Auction Company.
Title: Seller will convey title by General Warranty Deed free and clear of all liens.
Registration: Bids will be accepted only from registered bidders. On-site registration begins at 11:30AM day of sale. You may also pre-register on our website or phone app. Deadline for phone and online bidding registration is 6PM EST on the day prior to the auction. A valid form of identification (i.e. driver's license) may be required to register onsite or online.
Online Bidding: Online bidding is available for your convenience. However, due to the technical nature of online bidding, bidder acknowledges that this service may or may not function correctly the day of the auction. Torrence, Read, & Forehand Auctions will not be responsible for missed bids from any source. Online bidders who desire to make certain their bid is acknowledged should use the prebidding function and leave their maximum bid 24 hours before the auction begins. Winning bidders will be notified by email and/or phone and receive instructions for signing the Contract of Purchase (must be returned within 24 hours) and submitting the Deposit (see below).
Announcements: Announcements made on day of sale take precedence over all prior communications, both verbal and written, concerning the sale of the Property.
Approval: High bid subject to approval by Seller.
Buyer's Premium: A 5% buyer's premium will be added to the high bid to determine the final sales price.
Deposit: Deposit equal to 10% of final contract price (bid price plus buyer's premium) due day of sale by cash or good check. Online bidders may overnight deposit or wire transfer funds so it is received within 2 business days.
Closing: Balance of Purchase Price shall be due at closing on or about 30 days after the sale.
Agency: The auction company and its representatives represent the sellers.
