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The Cummings Family have occupied this home for decades, and recently Mr. G. Kenneth Cummings has relocated to a more manageable living environment and we have been entrusted to market and sell this home only a short walk from Main St. in Purcellville, VA. Originally constructed as a duplex and a boarding house for the W&OD railroad, this property was converted to a single family home and will make a wonderful primary residence or investment property...Bid Your Price!!
Property Tour: Thursday, October 15 @ 3:00pm SHARP. Please contact Craig Damewood (703-303-4760) for more information.
Live On Site Auction w/Online Bidding Available for Your Convenience!!
Interior Photos Coming Soon!!
FOR REALTORS: if you have been working with a Realtor, please have them click here and complete their broker participation form. In order for the Realtor to be compensated, broker forms must be completed and submitted no later than 5 pm on 10/25/20, and all terms adhered to.
TERMS: $20,000 deposit is due immediately after confirmation of final bid and the balance due at closing within 30 days (unless prior written arrangements have been made by contacting Craig Damewood (703-303-4760). Deposits must be in the form of a cashier's check or certified check (from a US bank) made payable to yourself. A 10% buyer's premium will be added to the final bid, and will become a part of the purchase price. Property sold in as-is condition, and is not contingent upon buyer's financing, condition of property, appraisal, inspection, etc. Pre-approved (no later than 5 pm on 10/25/20) broker participation is compensated. Auctioneer's Note: All information and dimensions were derived from sources believed to be correct, but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property. All auction day announcements take precedence over any previously printed material or any other oral statements made.
We are happy to offer online/simulcast bidding for bidders who cannot physically attend the live auction event. Please understand and agree that online bidding will only be allowed if the buyer is physically NOT on site at the live auction. Online bidding will NOT be allowed if you are physically in attendance at the live auction event.
ADDITIONAL TERMS for THOSE PLANNING TO BID LIVE ONLINE
In addition to the above terms and conditions, Please read below if you are participating and registered for LIVE ONLINE SIMULCAST BIDDNG
Auction conducted in cooperaton with Hall and Hall
NOTE: Auction conducted off site at The Hotel Roanoke & Conference Center, 110 Shenandoah Ave. NE, Roanoke, VA 24016
Welcome to the RiverStone Ranch. Uncover a treasure tucked away within the blissful foothills of the Blue Ridge and the Appalachian Mountains. This 979± acre property with 2.2 miles of James River frontage captures the quintessential tenets of Virginia living, including unforgettable adventures, natural beauty, and living history.
Call Hall and Hall Auctions today to request a brochure!
1-800-829-8747
Please CLICK HERE for the Hall and Hall website for complete details
Auction Date and Location:
Wednesday, October 28th at 10:00 am ET
The auction will be held at The Hotel Roanoke & Conference Center
Information Dates and Location:
Thursday, September 24th at 10 am to noon
Thursday, October 8th at 10 am to noon
Or shown by appointment
Held at the Cabin on the property
Property offered in conjunction with Nicholls Auction Marketing Group.
979± Total acres
813± acres of timber: A 2019 timber cruise shows 5.5 million Board Feet with 85% grade hardwood. The remainder in White Pine.
Deeded Acres: 979±
Total Acres: 979±
Three bed, two full bath log cabin, including furnishings. Re-sanded and stained in 2019
Pavilion with panoramic views overlooking the Appalachian Highlands
New high/low skeet range designed by Virginia Tech shooting coach
Features 7+ miles of Hiking / ATV mountain trails
Over two miles of James River frontage featuring, canoeing, floating, and fishing
RiverStone Ranch is surrounded by the Blue Ridge and Appalachian Mountains, but still accessible to major metropolitan areas.
Driving Distance From:
- Roanoke, VA – 30 miles
- Charlottesville, VA – 100 miles
- Durham, NC – 150 miles
- Richmond, VA – 170 miles
- Charlotte, NC – 220 miles
- Washington, DC – 220 miles
Directions from Roanoke:
- Travel northeast on Interstate 81 to Exit 162
- Proceed northeast on Lee Hwy/Main St/11 into the town of Buchanan, VA
- Turn west (left) onto 43/1st St/Narrow Passage Rd. and proceed for 3.75 miles
- Turn west (left-just past James River High School) onto Springwood Rd. and proceed for 1.3 miles
- Turn north (right) onto Trebark Rd (625) and proceed for 3.2 miles to property
‘We need to utilize James River as our gateway to the West’, George Washington wrote to Governor Benjamin Harrison in 1784, just one year after the end of the American Revolution. Washington had a bold vision to greatly expand commerce through the transportation of cotton and tobacco by bateaux along the James River. Gradually, as his plan was implemented, the outposts of Scottsville, Lynchburg, and Buchanan were established.
As a result of the early success of the James River Kanawha Project, the General Assembly requested that it be extended to Covington. However, there was a rather imposing problem, a huge bend in the James River that prevented bateaux travel due to the rocks and rapids. James Madison, Chief Justice John Marshall (whom the tunnel is named) and others, developed a plan to tunnel through the mountain and bypass the river bend. The immense project would take place on what is now known as RiverStone Ranch.
The project began with a tunneling crew on each side of the mountain with hopes of meeting in the middle. They had only hand tools to dig through solid rock, which resulted in the tunnel taking much longer to complete then planned and at an extraordinary cost. With the railroad industry quickly expanding and the impending Civil War, the project was abandoned after six years in 1865, never to be completed.
What was initiated with the James River Kanawha Project in Richmond, Virginia, in 1785 ultimately ended a century later in 1865 on this property – RiverStone Ranch. The tunnels, canals, and stone walls remain just as they left them and serves as a lasting testimony to George Washington’s bold vision to take wilderness and make it a civilization. RiverStone Ranch has a history no other property in Virginia nor America can claim.
Live On-Site Auction w/Live Real Time Online Simulcast Bidding for Your Convenience!!
Property Tour: Thursday, October 22 @ 12 Noon SHARP. Please contact Tony Wilson (540-748-1359) for more information, and please do not go on the property without a representative from our company.
Need Financing for this property?? Please contact Tony Wilson for financing information (540-748-1359)
FOR REALTORS: if you have been working with a Realtor, please have them click here and complete their broker participation form. In order for the Realtor to be compensated, broker forms must be completed and submitted no later than 5 pm on 10/28/2020, and all terms adhered to.
TERMS: $10,000 deposit is due immediately after confirmation of final bid and the balance due at closing within 30-45 days (unless prior written arrangements have been made by contacting Tony Wilson (540-748-1359). There is a possibility of a lesser deposit if proof of pre approved financing is presented prior to auction. Deposits must be in the form of a cashier's check or certified check (from a US bank) made payable to yourself. A 10% buyer's premium will be added to the final bid, and will become a part of the purchase price. Property sold in as-is condition, and is not contingent upon buyer's financing, condition of property, appraisal, inspection, etc. Pre-approved (no later than 5 pm on 10/28/20) broker participation is compensated. Auctioneer's Note: All information and dimensions were derived from sources believed to be correct, but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property. All auction day announcements take precedence over any previously printed material or any other oral statements made.
We are happy to offer online/simulcast bidding for bidders who cannot physically attend the live auction event. Please understand and agree that online bidding will only be allowed if the buyer is physically NOT on site at the live auction. Online bidding will NOT be allowed if you are physically in attendance at the live auction event.
ADDITIONAL TERMS for THOSE PLANNING TO BID LIVE ONLINE
In addition to the above terms and conditions, Please read below if you are participating and registered for LIVE ONLINE SIMULCAST BIDDNG
This Property Will be Offered via ONLINE ONLY AUCTION. Please bid early and often and understand that bidding begins to close on Friday October 30, 2020 @ 12:00 Noon (Eastern).
Property Tour: Friday, October 23 @ 12 Noon SHARP! Please contact Tony Wilson (540-748-1359) for more information.
Interior Photos Coming Soon!!
Need Financing for this property?? Please contact Tony Wilson for financing information (540-748-1359)
FOR REALTORS: if you have been working with a Realtor, please have them click here and complete their broker participation form. In order for the Realtor to be compensated, broker forms must be completed and submitted no later than 5 pm on 10/29/2020, and all terms adhered to.
TERMS: Thank you for your interest in this property. Contact Tony Wilson if you need additional information (540-748-1359).
This online auction is a cash sale not contingent on or subject to financing, appraisal, survey, study period or inspections of any kind, as agreed to by bidders at registration prior to bidding, and specified in the Offer to Purchase and Contract. Property is sold in as-is condition with no warranties or guarantees of any kind.
Per the contract, “TIME IS OF THE ESSENCE,” and you should proceed to closing immediately. You must close the transaction on or before 30 days from close of online auction and seller confirmation. If your closing is delayed for any reason, by you, as purchaser, or other parties working on your behalf, including any lender you involve – you may be declared in breach of the contract, forfeit all deposits made, and could be additionally liable for any and all court costs, any price difference in a subsequent resale of the property, and all future auction costs incurred by the seller and Nicholls Auction Marketing Group, Inc.
Bid with confidence, but please do not delay your closing!
Terms & Conditions
Contract for Sale of Real Property: This property is offered under the specific terms provided in the contract. The Contract for Sale of Real Property is available at www.nichollsauction.com in the property information packet package located from within the “DOCUMENTS” section. Please read and review the contract thoroughly prior to bidding on any property. If you have not read and reviewed the Contract for Sale of Real Property, Do Not Bid!
Nicholls Auction Marketing Group, Inc. has the sole authority to resolve any bidding disputes as they may arise.
Bidder Verification: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Nicholls Auction Marketing Group, Inc. will reject the registration, and bidding activity will be terminated.
Online Terms: At the close of the auction, and seller confirmation, the successful bidder will be emailed the contract package to execute and return to Nicholls Auction Marketing Group, Inc. The successful bidder will deposit $7,500 in the form of cashier’s check (United States Bank) or wire transfer to Nicholls Auction Marketing Group, Inc. The entirety of the remaining balance is due at closing. Purchaser shall be responsible for all wire transfer fees.
Buyer’s Premium: A 10% buyer’s premium will be added to the final bid price to determine the total contract price. 10% Buyer’s Premium Example: Bid Price: $100,000 Plus 10% Buyer’s Premium: $10,000 Total Contract Price: $110,000
Contracts: Contract Packages will be sent by e-mail to the high bidder, who must execute and email, fax or overnight mail back to Nicholls Auction Marketing Group, Inc., within 24 hours of receipt. If the successful bidder does not execute and return their contract with earnest money deposit within 24 hours of receipt they will be considered in default and subject to legal action. This is a legal binding contract.
Auction Administrative Fee: In the event a winning bidder fails to submit the signed ’Contract for Sale of Real Property’ and deposit earnest money as provided in the pre-stipulated Auction Terms, the winning bidder will be charged an administrative fee of $7,500 on the credit card provided at auction registration. Additional default remedies are reserved by Nicholls Auction Marketing Group, Inc., and the Seller as provided in the Auction Terms & Conditions and the ‘Contract of Purchase’. All administrative fees are non refundable.
Closing: Time being of the essence, these sales shall be closed on or before 30 days from close and confirmation of online auction. The purchaser will pay for all of their closing costs associated with the transaction.
Agency Disclosure: In all transactions, the auctioneer is acting as agent for the seller, not as buyer’s agent. Nicholls Auction Marketing Group, Inc. reserves the right to remove or cancel the bids and or bidding rights and privileges of any party, deemed not to be in the best interest of the seller, at any time. At auctions with reserve, the seller and/or auctioneer reserves the right to bid.
Disclaimer: All information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being furnished to bidders for the bidder’s convenience and it is the responsibility of the bidder to determine that information contained herein is accurate and complete.
Any reliance on the contents shall be solely at the recipient’s risk. Bidders must conduct and rely solely upon their own investigations and inspections. The property is being sold ’AS IS’ with any and all faults. Please review all information supplied, and seek appropriate assistance prior to bidding.
Realtor Representation: Pre-approved (no later than 5 pm (Eastern) 10/21/2020) realtor representation is compensated. Real estate agent must fill out and submit realtor representation form by time stated above and adhere to all rules in order to be compensated.
Technical Issues: Neither the company providing the software nor the auction company shall be held responsible for a missed bid or the failure of the software to function properly for any reason. The online bidding will begin to close on Thursday, October 22, 2020 @ 7:00pm (Eastern Time). If there is bidding in the last few minutes before the auction closes, extended bidding will commence. If there are no bids within 2-3 minutes, the auction will end. This procedure prohibits any last second 'sniping' from taking place. In the unfortunate event of a DDOS attack or server attack/shut down, the auction company reserves the right, but is not required, to change the bid closing deadline. Please contact Tim Peters/Bid Wrangler @ 844-296-8727 if you need assistance with the online bidding platform.
Live On-Site Auction w/Live Real Time Online Simulcast Bidding for Your Convenience!!
Property Tour: Wednesday, October 28 @ 3pm SHARP. Please contact Tony Wilson (540-748-1359) for more information.
Updated Exterior & Interior Photos Coming Soon!!
Need Financing for this property?? Please contact Tony Wilson for financing information (540-748-1359)
FOR REALTORS: if you have been working with a Realtor, please have them click here and complete their broker participation form. In order for the Realtor to be compensated, broker forms must be completed and submitted no later than 5 pm on 11/3/2020, and all terms adhered to.
TERMS: $10,000 deposit is due immediately after confirmation of final bid and the balance due at closing within 30-45 days (unless prior written arrangements have been made by contacting Tony Wilson (540-748-1359). There is a possibility of a lesser deposit if proof of pre approved financing is presented prior to auction. Deposits must be in the form of a cashier's check or certified check (from a US bank) made payable to yourself. A 10% buyer's premium will be added to the final bid, and will become a part of the purchase price. Property sold in as-is condition, and is not contingent upon buyer's financing, condition of property, appraisal, inspection, etc. Pre-approved (no later than 5 pm on 11/3/20) broker participation is compensated. Auctioneer's Note: All information and dimensions were derived from sources believed to be correct, but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property. All auction day announcements take precedence over any previously printed material or any other oral statements made.
We are happy to offer online/simulcast bidding for bidders who cannot physically attend the live auction event. Please understand and agree that online bidding will only be allowed if the buyer is physically NOT on site at the live auction. Online bidding will NOT be allowed if you are physically in attendance at the live auction event.
ADDITIONAL TERMS for THOSE PLANNING TO BID LIVE ONLINE
In addition to the above terms and conditions, Please read below if you are participating and registered for LIVE ONLINE SIMULCAST BIDDNG
This auction is being held on Rt 33 in Elkton VA right beside Myers Ford.
Call today if you have vehicles, equipment, farm machinery or tools to sell. Call Linford @ 540-476-3309 or Josh @ 540-421-5007. Consignment deadline is November 4 @ 5 PM. Consign early for maximum marketing exposure. This is a live simulcast auction with online bidding available. Online bidding begins whenever items are listed. Sale order will be reset on Friday November 6 after all items are put in sale order.
Drop off dates for consignment items is October 30-31 and November 2-4.
Preview will be available at the auction location November 6 from 12-5 PM.
Terms of Auction: We will be accepting Cash, Good Check, and Credit Cards. All items must be paid for the day of the auction. 13% Buyers Premium with 3% discount for cash or good check (Max Buyers Premium $1,500 per item). All items must be paid for before they are removed from the auction site. All items must be removed no later than 5:00 PM Monday November 9.
Food will be served!
