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Property Location
Ayers Rd
Moneta, VA 24121
Bedford County
Auction Location
Saunders Volunteer Fire Department
12253 Smith Mountain Lake Pkwy
Huddleston, VA 24104
Details
- Selling for the Charles S. Payne, Sr. Estate
- Ideal for private estate, weekend getaway, hunting retreat, timber investment, and more
- 101.948 acres on Ayers Rd (just off Whitehouse Rd) in Moneta
- Bedford County Tax Parcel 234-A-32
- Great location near Smith Mountain Lake! 5 miles from state park and 7 miles from Hales Ford Bridge
- Nicely wooded. There are smaller trees at the front but it opens up nicely as you follow the trail.
- Timber cruise available showing a total of 963,000 board feet of timber and 3,930 tons of pulpwood. About 17% is pine with balance in poplar, white oak, red oak, chestnut oak, soft maple, hickory, ash, scarlet oak, and sycamore
- Great for hunters! Hunting camp already in place with rustic hunting cabin, basic amenities, fire pit, outhouse, and generator hook up plus several hunting stands throughout the property.
- Nice creek flows through the property
- Several roads and trails
- Tax assessed at $392,300. Sells absolute to the highest bidder(s) at the conclusion of the live auction.
Offered in 2 tracts and as a whole
- Tract 1: 11.983 acres, more or less, on the north side of Ayers Rd. Nicely wooded with 1,036' of road frontage and an old homesite.
- Tract 2: 89.965 acres, more or less, on the south side of Ayers Rd. Nicely wooded with 1,004' of road frontage, hunting cabin, and stream.
Previews
- Wednesday, June 24 from 4-6pm
- Wednesday, July 1 from 4-6pm
- Monday, July 6 from 12-2pm
- self-guided tours ok anytime
Directions To Property
From Hales Ford Bridge in Moneta, take 122N 4mi to RIGHT on Whitehouse Rd (Rt.608). 3.5mi to LEFT on Ayers Rd (Rt.737). 0.2mi to entrance on right.
Directions To Auction Site (Saunders Volunteer Fire Station #1)
From property, left on Ayers Rd to LEFT on Whitehouse Rd. 2.4mi to RIGHT on Smith Mountain Lake Pkwy. 0.7mi on right.
Term Summary
10% deposit due day of sale by cash or check. Balance due on or about 30 days. 5% buyer's premium. Property sells to the highest bidder at the conclusion of the live auction. Click on the Terms tab to view the complete Terms and Conditions for this auction.
Terms: Property sells "AS-IS, WHERE-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.
Survey: A current survey is available for the property as a whole. If property sells in individual tracts, Seller will provide an updated survey of tracts at Seller's expense.
Registration: Bids will be accepted only from registered bidders. On-site registration begins at 11:30 AM 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: Property sells absolute to the highest bidder at the conclusion of the live on-site auction.
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.
