Sweet Cottage with Creek Frontage for Sale in Dugspur VA!

Sweet Cottage with Creek Frontage for Sale in Dugspur VA

You have the opportunity to purchase a great little getaway tucked in the mountains of Carroll County VA. This property for sale features an adorable 2 bedroom, 1 bath, 615 sq. ft. cottage perched on 5 acres hill overlooking Deepwater Creek. Enjoy relaxing on the covered front porch which wraps around the front of the home and connects to the porch running along the front of the studio.  It is a wonderful spot to sit back and listen to the sounds of nature. The creek runs along the entire front boundary of the property which provides amazing recreational opportunities. You can easily access the creek for fishing, swimming, etc. Such a great property for an active outdoorsman or family to spend the weekend. The front section of acreage bordering the creek is level and is the perfect space for hosting family gatherings, camping, playing games, and more. The ultimate mountain retreat for sale!

The home was built in 2005. It has a private well and septic. It has a shingle roof, vinyl siding, drywall, and wood interior walls, double hung vinyl windows, and window air conditioning units. Home is in good condition. There is a propane tank owned by the sellers which could provide propane for heat and appliances. However, the owners aren’t currently using propane. They switched to electric space heaters and appliances.

There is a smaller building located next to the home which could be used as an art studio, workshop, or storage space. There is also a garage on the property which can be used as a workshop or storage space. This property would make an excellent summer retreat or vacation rental.

Access to the property is a 30’ deeded Right of Way and you must ford the creek. Low clearance vehicles are not recommended. There is an easement through the property for neighbor. Also, note that the concrete bridge is not used for access to this property. Don’t miss out on this sweet little piece of paradise tucked away in the country.

Online Auction Ending Thursday, June 29^th @ 4 PM
3041 Deepwater Rd., Dugspur, VA 24325

Click Here for Bidder Packet
Click Here for Interactive Map
Click Here for Property Video

Download Bidder Pack for Online Bidder’s Agreement, Maps, Sample Contracts, and Property Information. 

ONLINE BIDDING – Online bidding is now active and runs through 4 PM June 29^th, 2023. SOFT CLOSE.

PREVIEW DATES – Saturday, June 10^th at 10 AM & Thursday, June 15^th at 4 PM

DIRECTIONS – From Floyd, Route 221 S for 17 miles to right on Double Cabin Rd just past Dugspur Deli Mart, turn right onto Panther Creek Rd, to right on Deepwater Rd to property on the left. See sign. Must ford creek to access property. Lower clearance vehicles not recommended.

CONTACT– Broker & Auctioneer Matt Gallimore at 540-239-2585 or email gallimore.matt@gmail.com or Contact Realtor Draken Thompson at 540-577-0568 or email DrakenThompsonRealtor@gmail.com

BIDDER PACK: Download Bidder Pack for complete information on each offering. Bidder Pack has maps, complete terms and conditions, sample contracts, and tax cards.

SOFT CLOSE: If a bid is received within the last 2 minutes of the auction, 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.

BUYER’S PREMIUM – TEN PERCENT (10%): Buyer’s Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer’s 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% buyer’s premium = total purchase price of $110,000). Buyer’s Premium is not due on day of auction, it’s added into high bid to arrive at a final contract price.

PRE – AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform.  Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest money deposit. Properly submitted offers will be presented to the Seller in a timely manner.  Seller may accept or reject such offer at their sole and absolute discretion.  When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted on a specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance.  A Buyer’s Broker Participation Fee of (2%) is offered on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the auction company.

TERMS and CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 required by 5 pm (June 30^th, 2023). Close on or before August 14^th, 2023. Subject to seller confirmation. Property sold “as is, where is, with any and all faults.” Buyer is expected to complete their own due diligence. If confirmed Buyer will be expected to sign a Real Estate Purchase Agreement. Auction starts ending at 4 PM on June 29^th, 2023. Please note that during the last three 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.