PROPERTY LOCATION
4892 S. Meadows Rd
Chatham, VA 24531
Pittsylvania County
AUCTION LOCATION
Live auction held off site at:
Olde Dominion Agricultural Center
19783 US Hwy 29S, Chatham, VA 24531
Online and phone bidding also available.
SUMMARY
- Welcome to Witcher Farm, a classic American farm in the heart of Pittsylvania County's tobacco country
- The 262+/- acres offers a rich mix of cropland, fertile river bottom land, and timberland
- The farm currently has approximately 90 acres of tillable farmland planted in corn this past season
- One of the many highlights is the impressive 1.34 miles of scenic, accessible river frontage on the Banister River
- Great road frontage with 0.64 miles along S Meadows Rd
- Majority in nice, open, maturing hardwood forest
- Home place and several outbuildings need TLC
- Teeming with wildlife including whitetail deer and turkey
- This great farm is sure to delight the most avid farmer, hunter, outdoorsman, or anyone seeking the solitude and peace of the river and adjacent countryside
- Offered in 3 tracts and as a whole
TRACT 1 (Farm tract)
- 171+/- acre farm tract with over 90 acres in tillable farmland
- Fertile, rich, river bottom soil
- Over 4,383 feet of easily accessible river frontage
- 1,472 feet of road frontage
- Homeplace needs TLC but offers 1669 sq.ft. plus several sheds, barns and out buildings
- Old hand dug, rock lined well in middle field near original homeplace
TRACT 2 (49 Wooded Acres)
- 49+/- wooded acres with excellent river frontage
- 1,125' of road frontage
- 1,407' of frontage on the Banister River
- Interior trails and old logging roads
- Small field along road frontage
- Excellent tract for your home/cabin, hunting camp, or land investment
TRACT 3 (42 Wooded Acres)
- 42+/- wooded acres with excellent river frontage
- 800' +/- of road frontage
- 1,279' +/- of river frontage
- Interior trails leading to the river
- Small field along road frontage
- Excellent tract for your home/cabin, hunting camp, or land investment
DIRECTIONS TO PROPERTY
- From Lynchburg, US-29S to Chatham. Take exit for Rt.57 (Chatham / South Boston). At end of ramp, LEFT on 57E toward South Boston. 3.5mi to LEFT on Sheva Rd. 1mi to RIGHT on Cedar Hill Rd. 3mi to RIGHT on S Meadows Rd. 0.8mi to property on right.
- From Danville, US-29N to exit for Rt.57 (Chatham / South Boston). At end of ramp, RIGHT on 57E toward South Boston. 3.5mi to LEFT on Sheva Rd. 1mi to RIGHT on Cedar Hill Rd. 3mi to RIGHT on S Meadows Rd. 0.8mi to property on right.
AGENT ON SITE (at Tract 1)
- Sunday, Feb 5 from 1-3pm
- Sunday, Feb 12 from 1-3pm
- Wednesday, Feb 15 from 12-2pm
- Monday, Feb 20 from 3-5pm
- Self-guided tours ok during daylight hours. Please do not drive into or through fields.
TERMS SUMMARY
- 10% deposit due day of sale by cash or good check. Closing on or about 30 days. 5% buyer's premium. Click on "Terms" tab for full terms and conditions.
- NOTE: Terms & Conditions were updated on Feb.20, 2023 to include:
Deed: Mineral rights are NOT being reserved and transfer with the property. However, the deed will include the following statement: "If the purchaser in this transaction sells rights to gold mining or uranium mining or mines and sells any gold and uranium on this property, then the Sellers/Grantors, or their assigns for any that are not living, in this transaction reserve the right equally to receive half (50%) of the net proceeds from said sale(s) for a period of up to fifteen (15) years."
*** These Term & Conditions were update on Feb.20, 2023. See "Deed" section at end. ***
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: Sells absolute to highest bidder.
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.
*** Deed (added Feb.20, 2023): Mineral rights are not being reserved and transfer with the property. However, the deed will include the following statement: "If the purchaser in this transaction sells rights to gold mining or uranium mining or mines and sells any gold and uranium on this property, then the Sellers/Grantors, or their assigns for any that are not living, in this transaction reserve the right equally to receive half (50%) of the net proceeds from said sale(s) for a period of up to fifteen (15) years." ***
