Lake Anna Waterfront | 105 Acres | Turnkey 15 Lots
Orange, VA

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Property Location

Bella Vista Dr
Orange, VA 22960

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Property Number

FX6976

Property Type

Land -
Commercial Development Land

Description

    105 +/- acres on beautiful Lake Anna currently divided into 15 lakefront lots ranging in size from over 2 acres to 38 acres with all permitting and entitlement in place. The property includes 4600 feet of spectacular waterfront that has been dredged 20 feet off each waterfront lot to a depth of 6 feet.  There is no boat access issue to any of the parcels. In addition to the 15 subdivided lots there is also a 16-acre parcel designated as open space that can be converted into 7 lots as well as a reconfiguration of the 38 acre lakefront to provide 5 new lots. The opportunity exists to build a 20-slip community marina (or more) from Lot 1 the off-water lots. Well and drain field sites have been identified and approved for each parcel. Plat has been approved and stamped by the appropriate State and County offices. Owners have spent approximately $500,000 on Engineering, Entitlement, and Dredging each lakefront lot to make these lots a truly turnkey opportunity
     
    There is potential of higher density development with further subdivision. In the concept plan an additional 12 off-water lots are created for a total of 27 lots. A 20 slip community marina could service the additional lots.  A new owner could apply for additional slips.
     
    Please be sure to download the Property Information Package by clicking on the words under “Documents to Download”. By downloading this package you will alert Tranzon Fox to your interest in this property and you will receive emails with any updates on this auction. The package contains information needed to participate in bidding at auction.

VAAF423

Directions

Property is between 25149 and 24531 Monrovia Rd Orange VA 22960 From Washington, D.C. (80 Miles, Approx. 1 hr 45 mins) Take I-95 South to exit 130B (Route 3 West) near Fredericksburg. Proceed 12.9 miles and turn left on Route 20 (Constitution Hwy). Turn left on Route 522 (Zachary Taylor Hwy) and proceed 10 miles and turn right on Route 612. Follow about 1 mile to property on right. From Richmond, Virginia (64 Miles, Approx. 1 hr 20 mins) Take I-64 West to exit 148 (Route 605) toward Shannon Hill. Proceed 10.5 miles and turn left on Route 522 North (Pendleton Rd). Proceed 2 miles into the town of Mineral and turn right on East 1st Street; make first left onto Route 522 North (Louisa Ave). Proceed 10 miles and turn left on Route 612. Follow about 1 mile to property on right.

Terms and Conditions

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Jeff Stein at 703-539-8111 or jstein@tranzon.com.  All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the FAQ-Frequently Asked Questions.

Buyers Premium: 10% Buyers Premium based on the high bid.
Closing: 45-Day closing, sold in As-Is condition, no contingencies.
Deposit Amount: 10% deposit in guaranteed funds.
Broker Co-op: 3% of the high bid will be paid to a properly registered broker at settlement.
Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Online Bidding Instructions:

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