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Auction

LAKE GASTON LAND! TWO PARCELS!

LAKE GASTON LAND! TWO PARCELS!

Description

ONLINE ONLY REAL ESTATE AUCTION Bidding Ends: November 10, 2026 at 6:00 PM ET (Subject to Pre-Sale / Buy It Now) Lake Gaston Land: Two Parcels Available (15.9� or 16.27 Private Acres) An exceptional opportunity to acquire land just minutes from beautiful Lake Gaston! Offering privacy, valuable standing timber, recreational potential, and ideal homesites, this versatile property gives you the freedom to build the rural lifestyle or getaway you�ve been looking for. Prime Location: Located just minutes from Lake Gaston�s public boat ramps, marinas, and waterfront dining. Enjoy boating, fishing, and kayaking all day, then return to the peace and quiet of your own land. Valuable Timber & Wildlife: Both parcels feature a healthy pine plantation that has recently completed its first thinning. This promotes continued timber growth while improving property access, interior navigation, and wildlife habitat�combining immediate recreational use with long-term investment value. Build Your Dream Site: Plenty of room and flexible terrain to build a custom country home, cabin, or private homestead surrounded by nature. Recreation & Homesteading: Excellent potential for laying out ATV trails, hunting setups, or food plots. Portions of the property can also support small-scale farming, gardens, crops, or livestock. Whether you are looking for a primary residence, weekend retreat, hunting tract, timber investment, or recreational sanctuary near the lake, these properties offer outstanding flexibility in a prime location.

Terms & conditions

AUCTION TERMS & CONDITIONS: REAL ESTATE Bidding & Registration Registration: All prospective buyers must register prior to bidding. There is no obligation to bid. Pre-Approval Requirement: Bidders requiring a mortgage to purchase the property must submit a lender pre-approval letter prior to registering for the auction. Property Inspections: Bidders are strongly encouraged to inspect the property prior to bidding. All inspections must be completed before the auction closes. As-Is Sale: Property is sold "AS-IS, WHERE-IS" with all faults and with no guarantees or warranties, express or implied, other than good title. Deposit & Contract Requirements Deposit Amount: The successful high bidder must post a $2,500 non-refundable earnest money deposit per parcel. Payment Deadline: Deposit must be paid via wire transfer or in-person by 5:00 PM ET within 48 hours / the day after the auction closes. Credit Card Authorization: The high bidder�s credit card may be immediately charged $2,500 following the auction, which will be refunded once the formal earnest money deposit is received. Sales Contract: The successful bidder must sign the standard Real Estate Sales Contract without modifications by 5:00 PM ET the day after the auction closes. Cash Sale: This is a cash transaction and is not contingent upon financing, appraisal, inspection, or any other buyer contingencies. Buyer�s Premium & Purchase Price 10% Buyer�s Premium: A 10% Buyer�s Premium will be added to the high bid price to determine the final contract purchase price. (Example: A high bid of $100,000 + 10% Buyer�s Premium = $111,000 total contract purchase price). Trust Account: All deposit checks/funds must be payable to the United Country Virginia Realty, Inc. Trust Account. Closing & Seller Confirmation Seller Confirmation: All sales are subject to seller confirmation. Acceptance or rejection of the high bid will be confirmed by 5:00 PM ET on the second business day following the close of the auction. Closing Date: Closing will occur on or before December 18, 2026 (or within 45 days of auction closing). Buyer will receive a Deed free and clear of all liens, except recorded easements and rights-of-way. Default: If closing does not take place on or before December 18, 2026, the auctioneer reserves all legal remedies, including retaining deposit monies as liquidated damages. Agency & Disclaimer Agency Disclosure: United Country Virginia Realty and its agents represent the Seller only and owe fiduciary duties of loyalty to the client. Contact: For complete terms, questions, or sample contracts, call 434-917-0778 or email [email protected].

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