380 acres in the heart of the of Appalachian mountains of Southwest Virginia offers spectacular views. The property features a 9-hole golf course, 10 bedroom lodge and approximately 300 wooded acres. Absolute Auction - Selling Regardless of Price! Offered in Tracts or in Combinations.
The Lodge: Features 10 bedrooms, two kitchens, two living rooms, a dining room (capable of seating 80 people), laundry room, an office and a large deck... perfect retreat for weddings, corporate get-a-ways, or base camp for hunters. The lodge was built in 1977 and remodeled in 1999.
Other Buildings: There is a two unit A-frame located close to the club house. Each unit has 2 bedrooms, a living room / kitchen combined and a bathroom. The shop building is a 30x40 metal building used to store and repair all the equipment used on the course.
The Golf Course: This 9-hole golf course sits on approximately 80 a...
The Golf Course: This 9-hole golf course sits on approximately 80 acres thus leaving 300 acres for development or recreational use. With multiple sets of tee boxes, golfers can play 18 holes of golf on a par 67/5,270 yards.
Timber: The timber on the property consists of both hard and soft wood. Selective timbering was done in the fall of 2001 on some of the property. With the new power plant that is being built close by, the value of the chip wood in this area will steadily increase.
Water Supply: Like most of the towns in Southwestern Virginia and Eastern Kentucky the water comes from a well that is drilled into an abandon deep mine thus creating a large underground lake that is sealed up and is constantly replenished by water filtering through rock formation. Once the water is pumped to the surface it is chlorinated and passes through a water softner. The water that is used for irrigation comes from the same well, however, chlorine is not added. The well produces 25 gallons per minute. There are two 10,000 gallon storage tanks on the irrigation side of the system with pumps to aid the watering of the greens.
Also selling all equipment: golf carts, tractors, inventory, furniture, etc. The personal property auction will be conducted immediately after the real estate auction.
This unique property is located on top of a mountain with breath taking views. There are unlimited possibilities!
Auction Information
PRE-SALE INSPECTION: An Albert Burney representative will be available from October 25th thru auction day between 10:00 AM to 5:00 PM. For more information call (800) 434-1654.
AUCTION REGISTRATION: Registration begins at 9:00 A.M. EST on Auction Day. Auction begins at 10:00 A.M. EST
TERMS: Ten percent (10%) down Auction Day with closing on for before December 1, 2014. Certified funds in the amount of $25,000.00 will be required to register to bid. The certified funds may be in the form of a Cashier's Check made payable to the bidder, or a personal or company check with a Bank Letter of Guaranty. Successful bidders on the personal property will be required to make full payment on auction day. And all property will need to be removed on auction day unless previous arrangements are made through the auction company.
AUCTION FEE: A 10% auction fee will be added to the high bid price to arrive at the contract price paid by the purchaser.
BROKER PARTICIPATION: Broker participation is welcome. Call for guidelines: (800) 434-1654 or (256) 543-1654.
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