256 Buffalo Ln SE, Floyd, VA 24091 - Floyd County

Beautiful Farm for Sale in Floyd VA!

You have the opportunity to purchase a stunning farm adjoining The Blue Ridge Parkway in Floyd County VA! This property features 96.26 acres of open and wooded land with great building spots, long range views, springs and more! The property has a 1946 farmhouse with 4 bedrooms, 1 bath and 1,254 sq. ft. of space! The home has vinyl siding with a metal roof. There are a few woodsheds and a detached double garage. The back section of property has approximately 50 acres of timber. Refer to bidder pack that has a timber cruise completed in 2019. The cruise was completed on a larger section that this property is a +/- 50-acre portion of. In 2019 the timber was estimated to be worth $1,600 / acre. The cruise does not estimate land value, just the estimated value of timber only per acre.

Property has frontage on Morning Dew Lane and accessed by Buffalo Lane. Buffalo Lane is a private road that extends from Morning Dew Lane and goes through a portion of the property. Buffalo Lane is also the access for two homes adjacent to this property. In addition, there is a 25 easement that expires in two years giving access to adjoining 113.15 acres to the south. The fire road running along the border of the 96.26 acres being sold and the 113.15 acre adjoining is the property line and a shared road that either property can use to access the back wooded portions of both properties. This fire road does not go through property but along the border. Refer to survey and deed in bidder pack for complete understanding of Right of Way and Fire Road.

256 Buffalo Lane, Floyd VA 24091

Online Only Auction Ending Thursday, December 16th at 4 PM

Online Bidding Online bidding is now active and runs through 4 PM on December 16th 2021. SOFT CLOSE.

General Terms and Conditions 10% Buyers Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 per lot required on day of sale (December 16th 2021). Close on or before January 31st, 2022. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence. Auction starts ending at 4 PM on December 16th, 2021. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps. Any personal property not removed by seller prior to closing will remain on property.

Pre-Auction Sales: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all of the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that an offer has been submitted and on which specific property, however, the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for sellers acceptance. A Buyers Broker Fee of (2%) is offered on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the auction company.