3 beds 2 baths 1,200 sqft

Secluded Auction Opportunity on 11.69 Wooded Acres

 

 

Discover the rare opportunity to own a private slice of countryside living with this auction property located near Salem, Virginia. Offering approximately 11.69 acres of fully wooded land, this property combines peaceful seclusion with convenient access to major routes, including a short drive to Interstate 81. Whether you are an investor, a renovator, or a buyer seeking a quiet rural retreat, this property presents exceptional potential to create something truly special.

This single-family home, built in 1983, features a total of 1,200 square feet of interior living space, all situated on one level for ease of access and functional living. With three bedrooms and one and a half bathrooms, the layout offers a practical foundation that can be updated and customized to suit modern preferences. The home is being offered as a fixer-upper, making it an ideal project for those who wish to add value through renovations and personal improvements.

One of the most notable features of the property is its expansive, wooded acreage. The 11.69 acres provide a serene, natural environment that ensures privacy and a sense of escape from the hustle and bustle of everyday life. Mature trees cover the land, creating a tranquil setting that can be enjoyed year-round. Whether you envision walking trails, a hunting retreat, or simply a peaceful place to relax and unwind, the possibilities here are extensive.

The home itself includes several key upgrades and structural elements that add to its appeal. A new shingle roof has already been installed, offering peace of mind and reducing immediate maintenance concerns. The property also includes a full drive-under basement, which provides valuable additional space for storage, a workshop, or potential future finishing. This feature enhances both the functionality and versatility of the home.

In addition to the basement, there is a large workshop on the property, making it especially attractive for hobbyists, craftsmen, or anyone in need of dedicated workspace. Whether used for woodworking, mechanical projects, or general storage, this workshop adds significant utility and value.

The covered front porch is another charming feature, offering a welcoming space to relax and enjoy the surrounding natural beauty. Imagine starting your mornings with a cup of coffee while overlooking the peaceful wooded landscape, or unwinding in the evenings in complete privacy. This outdoor space enhances the overall appeal of the home and provides a connection to the serene environment.

 

 

Inside the home, the flooring consists primarily of vinyl, providing a durable and low-maintenance surface. The house is equipped with an electric heat pump system that provides both heating and cooling, ensuring year-round comfort. While the interior may require updates and modernization, it offers a solid starting point for customization. The absence of included appliances allows buyers to select and install their own preferred options, tailoring the home to their needs and tastes.

The property is serviced by a private well and septic system, which supports independent, rural living without reliance on municipal utilities. This can be particularly appealing for those seeking a more self-sufficient lifestyle. Additionally, the home is located on a state-maintained road, ensuring reliable and convenient access throughout the year while still maintaining a quiet, country atmosphere.

From a structural standpoint, the home is constructed with wood materials and features a single-story design. It also includes an attached, drive-under garage, providing covered parking and additional storage options. The layout and design make it suitable for a variety of buyers, including small families, retirees, or investors looking for a manageable renovation project.

Financially, the property is listed as an auction opportunity, with the list price representing the starting bid rather than the final sales price. This creates an exciting chance for buyers to potentially secure the property at a competitive value. The auction is scheduled to end on July 15th at 4 PM, and interested parties are encouraged to prepare accordingly.

The property has a tax-assessed value of $246,700 and an annual tax amount of $2,662, offering insight into its current valuation. With a price per square foot of $42 based on the listing, there is clear potential for value appreciation through updates and improvements.

Located near Salem, Virginia, this property benefits from proximity to local amenities while still offering a rural lifestyle. Salem is known for its welcoming community, scenic surroundings, and convenient access to shopping, dining, and recreational opportunities. The nearby Interstate 81 provides easy connectivity to surrounding areas, making commuting or travel straightforward.

This property does not fall within a subdivision and has no homeowners association, giving owners greater freedom and flexibility in how they choose to use and develop the land. The absence of HOA restrictions is particularly appealing for buyers who value independence and fewer limitations on property use.

Overall, this auction property represents a unique blend of opportunity, location, and potential. With its sizable wooded acreage, solid structural features, and peaceful setting, it offers the ideal canvas for a wide range of buyers. Whether you are looking to create a private residence, a weekend getaway, or an investment property, this home provides the foundation to bring your vision to life.

The combination of a new roof, full basement, workshop, and expansive land makes this offering especially compelling. While the home does require updates, it is precisely this aspect that allows buyers to customize it according to their preferences and potentially increase its value significantly.

Do not miss the chance to participate in this auction and secure a property with such promising potential. With its secluded setting, practical features, and accessible location, this is an opportunity that is becoming increasingly rare in today’s market.

Auction ends July 15th at 4 PM. Act now to explore the possibilities and make this property your own.

 

 

Listed on Zillow

Related Articles

Back to top button