Auction Information
Lot for Sale on The Dan River
Check out this +/- 1 acre riverfront lot located along the Dan River. This property is great for building your very own weekend getaway. Property has a well; however, no septic is in place. Property is cleared on the front 1/3rd of the property along the river with the back 2/3rds of the property being wooded for privacy. Step into the water with ease using the concrete steps, ensuring an easy transition from the bank of the property into the water. Upon entering the property there is a metal gate at the top of the driveway. Located nearby is the Hanging Rock State Park where there is access to a public boat launch. This lot would be ideal for enjoying the peaceful river flow and entertaining family and friends. Lot is located within a flood zone.
The following deed restrictions do apply to property. No residence containing less than 625 square feet shall be erected or moved upon the pr...
The following deed restrictions do apply to property. No residence containing less than 625 square feet shall be erected or moved upon the premises, but an apartment adjoining or above a garage may be built upon the rear one-third of the premises; no outside toilet, or privy shall be maintained on the premises; no swine, goats, or other noxious or dangerous animals shall be kept upon the premises. Others may apply. Purchaser must complete their own due diligence.
Online Auction Ends Wednesday, March 19th, at 4 PM
TBD Gentry Rd., Danbury, NC 27016
BIDDER PACK: Download Bidder Pack for complete information. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well.
SOFT CLOSE: If a bid is received within the last 2 minutes of the auction or after 4 PM, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates snipers and encourages fair and impartial bidding from all participants.
BUYERS PREMIUM TEN PERCENT (10%): Buyers Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyers Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyers premium = total purchase price of $110,000). Buyers Premium is not due until closing.
TERMS & CONDITIONS: 10% Buyers Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $2,500 is required on the day of sale. Close on or before April 18th, 2025. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on March 19th, 2025. 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. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.
Directions
Take Hwy 8 N through Danbury, turn right on Gentry Rd. Property will be located on the right marked by sign.