Old Mill Dr, Franklin, VA 24151 - Franklin County

Two vacant building lots at Smith Mountain Lake

Section 1, Lot 55 (Tax Map # 0120105500)

Section 1, Lot 56 (Tax Map # 0120105600),

Lynville on the Lake Subdivision, Franklin County, VA

Beautifully mature hardwoods cover these secluded lake access lots with private water hookups on each lot. Boat ramp, fishing, picnic, & swimming area located approximately a half mile on paved road (both lots have deeded access). Only 5 miles to Rt 122, convenient to Westlake Kroger & shopping; just 12 miles to Vinton on Hardy Rd.

Zoned R-1

Tax assessment per lot is $7,200

Annual POA fee applies per lot $200/yr

Annual water availability fee per lot $120/yr

Auction held off-site

at the Lynville on the Lake boat ramp on Chuckhollow Drive

From Old Mill Rd travel .6 mile to right on Lakecrest Dr, 1/5 mile to left on second Chuckhollow Dr entrance (loop road) (watch for auction signage down to the lake)

Sale Managers:

Greg Lester

Bill Bryant, CAI, AARE

Terms: 10% Buyers Premium added to high bid(s) to determine contract sales price(s). 10% deposit due on the day of the auction with the balance due at closing within 30 days. Potential buyers must perform such independent investigations with respect to property as they deem necessary to verify information provided by the auction company and/or seller. All information provided by the auction company and/or seller is deemed reliable but not warranted. All property is being sold as is without representations or warranties of any kind or nature. Full terms available online and displayed on day of the auction.

VAAF93