Auction Information
Versatile Legacy Fayette County Property-CLOSING!
Farmer Auctions
PROUDLY PRESENTING
VERSATILE LEGACY FAYETTE COUNTY PROPERTY
SUGGESTED STARTING BID $600,000
Property Address
19 Pennington Place & 632 Milroy Grose Road
Lansing, WV 25862
LIVE AUCTION DATE: June 24 @ 1:00pm
ONLINE PRE- BIDDING ENDS: June 22 @ 1:00pm
OPEN HOUSE: June 13 1:00-4:00pm
FOUR DISTINCT PARCELS (60+/- ACRES AND ALL IMPROVEMENTS) OFFERED TOGETHER IN THEIR ENTIRETY
- 19 Pennington Place Lansing, WV 25862
- 36.8 Acres Adjacent to 19 Pennington Place
- New River Gorge Campground & 8.3 Acres
- 23.7 Acres West of and Adjacent to Route 19 South
Versatile legacy Fayette Co. property. Perfect for the discerning investor:
Opportunities like this come along once in a generation. Situated just minutes from the New River Gorge Bridge and New River Gorge National Park and Preserve, and Hawks Nest State Park, this remarkable property invites you to own a piece of West Virginia’s natural beauty. An investors dream, that offers a multitude of income-generating possibilities. with a 30-space campground, tiny homes, an Airbnb cottage, and 23.7 acres lying to the west and directly adjacent to the southbound lane of Route 19. This area, located near the tourist hub of Fayetteville, WV, is one of the most rapidly growing business locations in southern WV. This vibrant area features white water rafting, a unique food and music scene, zip lining, ATV trails, hiking, and much more. This is truly a rare offering, in one of the hottest areas in West Virginia.
This property features:
1. East side of Route 19: 45 acres, 4,460 sq. ft. Victorian style home (recently inhabited), detached three-bay garage with lofted apartment, 30 space operational campground, camp store, bunk house, bath house, ponds, pavilion, detached storage building/office, leased tiny homes, leased cottage Airbnb, leased mobile home
2. West side of Route 19: 23.7 acres, landlocked during the construction of Route 19. Could possibly be eligible for development and potentially a candidate for an exit from Route 19 South.
Don’t miss your chance to bid on this extraordinary Fayette County property. There won’t be many more opportunities like this in this rapidly growing southern West Virgina region.
|
2 BR 1 BA 864 approx. total sq. ft. Total acreage = .46 +/- acre Year Built - 1947
GENERAL PROPERTY INFORMATION:
Parcel ID: 10-01-0042-0083-0000, 10-01-0042-0052-0000, 10-01-0042-0053-0000, 10-01-0042-0032-0000 Legal Desc.: SURF .33/ MILROY GROSE RD 372/511, SURF 36.50/ MILROY GROSE RD NR LANSING, SURF 8.30/ DOGWOOD RIDGE, SURF 23.72/ DOGWOOD RIDGE N/S RT 19 TRACT D INFORMATION REGARDING IMPROVEMENTS ON PREMISES
The campsite, bunk house, bath house and pavilion have hosted various groups of tourists and white-water rafting enthusiasts. Over the years, various local organizations and families have made use of the pavilion for gatherings and weddings. At one time, there were several tent sites in the woods on the hill side behind the bath house and bunk house. CAMPGROUND FEATURES:
TERMS: A 10% buyer's premium will be applied to the final high bid.
EXAMPLE: High Bid = $1,000,000 Buyer's Premium (10%)= $100,000 Total Purchase Price = $1,100,000
A $25,000.00 deposit due the day of sale in the form of a cashier's check or cash. Property is sold AS-IS with no warranties expressed or implied. Close within 30 days. Prequalification letter required from buyers requiring financing to purchase. Proof of funds required from cash buyers. Time is of the essence. Visit www.farmer-auctions.com for a Property Information Packet and complete Terms and Conditions call our office at 540-384-0100 to request copies. Broker participation is welcomed and compensated.
FARMER AUCTIONS Driven by Service, Proven by Results See all of our current, upcoming and past auctions at: WV 2111, VAF 1007, VAL4007, NCAL 9369 |
Auction Listings provided by AuctionZip.com. Although the information published herein is from sources deemed reliable, AuctionZip.com expressly disclaims any liability for errors, omissions or changes regarding any information provided for this auction. Potential buyers are urged to verify auction date, time, and content directly through the auctioneer's website or by contacting the auctioneer directly. The terms and conditions of the auction may or may not be published in this listing. ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY INFORMATION FOUND HEREIN.