Pat Bailey, Broker

Pat Bailey, Broker

Smith Mountain Lake's Real Estate Expert. Call today… 540-874-5249

Pat Bailey, Broker
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Retirement Sale

The Tyson family is retiring and ready to sell this pristine property!

Sealed bids being accepted for this breathtaking Smith Mountain Lake waterfront lot, located in The Waters Edge Country Club Community in Penhook, Virginia (Franklin County).

Gorgeous gently sloped waterfront lot containing .78 of an acre, 149.54 feet of rip rapped shoreline located in a quiet cul-de- sac. Great wide water cove with fabulous view of lake and mountains! You will enjoy family and friends in this active private golf course community. Amenities include golf, tennis, clubhouse with restaurant, equestrian and workout centers. This lot has an active golf course membership and the new buyer must pay 30K initiation fee within the first 30 days of ownership to maintain this membership. Lot has been perked and is designated on Lot 1. Purchaser is responsible for removal of any trees or debris, water hook- up fees, obtaining current septic permit, and club initiation fee.

Sealed bids will be accepted from March 20 through final bid date of April 10, 2020. Bids must show purchasers ability to obtain financing or obtain the funds through bank letters.

Terms: Winning bid to be notified by April 13, 2020 and closing to occur no later than May 1, 2020.

Bids to be filled out on the enclosed form and to be accompanied by a bank letter stating financing is preapproved for the amount of the bid or stating the funds are available through the bidder’s account.

Cooperating agents shall be paid a fee if their bidder is awarded the winning bid equal to 2% of the sales price. This signature of the agents must accompany the bid form at the time the bid is submitted.

Tyson-Lot-483-subdivision-surveyDownload
Tyson-Lot-483-Covenants-and-RestrictionsDownload
Tyson-Bid-SheetDownload

Listings

7 Listings
WF Photo

$189,900 Lot 34 Lake View PT
Glade Hill, VA 24092

Road front of home

$239,900 2 beds  2.1 baths  1,600 sqft 1066 Haymore DR
Moneta, VA 24121

Lot 12 Lakes Edge DR, Goodview, VA 24095

$129,900 Lot 12 Lakes Edge DR
Goodview, VA 24095

Lot 11 Lakes Edge DR, Goodview, VA 24095

$119,900 Lot 11 Lakes Edge DR
Goodview, VA 24095

Shared entrance road to lots

$109,900 Lot 13 Lakes Edge DR
Goodview, VA 24095

Lot 13 Moneta RD, Moneta, VA 24121

$319,500 Lot 13 Moneta RD
Moneta, VA 24121

Lot 42 Coronado LN, Moneta, VA 24121

$159,900 Lot 42 Coronado LN
Moneta, VA 24121

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Average Sold Price

  • 501185.94,532444.16,506019.23,718809.97,666024.57,451291.15,536707.11,456969.23,429148.38,493540.00,651479.67,689098.39

Information is deemed to be reliable, but is not guaranteed. © 2022

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