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028A River Road, Lancaster, VA 22503

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For Sale

$60,000

40.44 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 40.4 acres
    Lot size

Explore this Property

NOTE: This property is subject to an ACCELERATED SALE. The Listed Price is NOT the Selling Price, but the Opening Bid at the sale. The Selling Price will be determined the day of the sale. Sale Date and Time: Sale opens on Sunday, July 20th at 9:00 AM and closes on Thursday, July 24th at approximately 2:00 PM Location: Online & at 410 Youcomico Drive, Lancaster, VA 22503 (on Thursday, July 24th from 1:30-2:00 PM) Property Highlights Discover 40.44± acres of wooded land with road frontage on Rt 354 (River Rd). This diverse parcel features mature hardwoods, pines, and holly, and is approved for multiple septic systems-perfect for building your dream home, subdividing, or enjoying outdoor recreation. Property Highlights 40.44± acres - sold in multiple parcels or as the entirety Mixture of mature hardwoods, pines, and holly Nestled between the Rappahannock River and Corrotoman River Approved for multiple septic systems-ideal for subdivision or building Excellent hunting and recreational opportunities Why You'll Love It Peaceful, private wooded acreage with a rich mix of mature hardwoods, pines, and holly-great for nature lovers and outdoor enthusiasts Multiple septic approvals give freedom to build a dream home, create a family compound, or develop the land how you want Ideal for hunting and recreation-ample space to explore, hunt, or enjoy rural living Ideal For Homebuyers or builders seeking a spacious, private wooded lot with flexibility to build one or multiple homes Investors or developers interested in subdividing land in a desirable location with approved septic systems Outdoor enthusiasts and hunters looking for a large tract of mixed woods to enjoy recreation and wildlife Nature lovers who want to own a peaceful retreat surrounded by mature trees and natural beauty Bidder Requirements and Auction Terms Online Bidders All bidders MUST register and submit the initial deposit no later than one hour prior to the sale start time via wire transfer or credit card All required documentation must be fully completed and submitted before bidding privileges are approved Auction Terms Buyer's Premium: A 10% buyer's premium will be added to the highest bid to determine the purchase price Deposit: $5000 Settlement: Settlement must occur within 60 days of the sale Online Registration Deadline: Online registration must occur no later than 24 hours prior to the auction start time Important to Note All sales are AS-IS, WHERE-IS and WITHOUT ALL FAULTS Time is of the essence regarding the closing date All bidders are encouraged to conduct their own due diligence regarding the property prior to bidding
MLS# 11528951

Courtesy Of Motley's Auctions, Inc

(804) 486-4555

Property Features

  • Architecture Style
    Other
  • Lot Size
    40.44 Acres

Map and Directions

Directions to 028A River Road, Lancaster, VA 22503

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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