Your Winning Bid is the DOWN PAYMENT PRICE of the Property!
Your Down Payment will be subtracted from
the assumable balance of $39,900!


Guaranteed Financing is offered by the seller
to the winner of this auction!
Installments as low as $439 monthly!
Owner Financing! - No Credit Checks! - No Qualification to Own!


Payment for Your Winning Bid is due within 2 Business Days
after the auction ends.

Payments can be made On-Line at www.BillyLand.com/Payments

Henry County is set in the foothills of the Blue Ridge Mountains, is home to Nascar racing, public parks, and a busy community calendar. In Henry County, there are fairs and festivals, 5k races, art walks, recreational sports teams, holiday crafts and even a program where locals can borrow fishing poles from the community center at no charge. It is in this quiet area in the southern part of Virginia that you’ll find this 3.03-acre lot for sale.

About The Lot
If you are standing on the road looking at the property, you'll notice a small dip from the road leading to the interior of the property. From the road, there is a gradual slope leading to the center of the property, which is generally flat. The lot is heavily forested with young trees, and there is a walking entrance at the left of the property by the yellow fire hydrant. There is a residential house across the street and power lines that run along the paved road that runs in front of the home. Another home neighbors the property on the left side. The lot makes an L shape and runs directly behind the neighbor's property line. The lot is mostly open, there are fallen trees and underbrush that could be cleared for building. A paved road runs right up to the property line of this 3.03-acre lot, and there are other lots and residential buildings of about the same size that run along Mt. Olivet Road.

Outdoor Recreation in Henry County
There are public parks and playgrounds less than 10 minutes from this property, and the lot is just 15 minutes from an access point on the Smith River, a popular local fishing destination. There are campgrounds, both for primitive tent camping and RVs located in almost every direction surround the lot. The Fairy Stone State Park is only thirty minutes from the property and provides a lake for watersports, hiking trails, and cabins. In the winter, locals head two hours south to Sugar Mountain Ski Resort for sledding and skiing adventures. Henry County offers many hiking and biking trails, rivers and lakes for fishing and swimming, and this lot is just a 4-hour road trip to the beach

Local Amenities and Community Events
This lot is tucked away from the nearby city of Martinsville but is still close to all of the every comforts and conveniences in the area. This 3.03-acre lot is less than five minutes from the local grocery store, and less than ten minutes from dozens of restaurants, coffee shops, churches, schools, and medical offices. Martinsville has art galleries and museums, movie theatres, antique malls, wineries, and breweries. Local roads run right up to this property and connect to the other major highways in the area.

This lot feels very “Virginia,” naturally beautiful and tucked away, yet close to everyday comforts and conveniences. If you’ve been thinking about owning land in Virginia, imagine what you could do with 3+ acres!


Property Information

Acreage:
3.028

Property ID (Tax ID or APN #):
155160004

Legal Description:
ST RT 777 MT OLIVET RD

Road Access:
Paved Road / County Road

Zoning:
Suburban Residential

Zoning Code:
SR

Zoning Description:
Single family dwelling, duplexes, apartments.

Utilities
Electricity available, needs well and septic

Yearly Taxes (verified):
$106.00

Zoning Ordinance

Listing ID: VA-HRY-RT-777/MTOLIVET

Please read the following before you bid!
YOU ARE BIDDING FOR THE DOWN PAYMENT ONLY!

The Winning Bidder will assume a balance of $39,900.
The amount of your Winning Bid will be deducted from
the assumable balance as your down payment!

This property comes with a 20-year finance option at 12% simple interest
with monthly payments of approximately $439.
Monthly Payment may vary slightly based on final Down Payment Amount.

There is no Prepayment Penalty, and we offer a
5 Percent Discount on your unpaid balance when prepaid in full.

ASK ALL OF YOUR QUESTIONS BEFORE YOU BID!

Buyer will receive a 1-Year Parcel Exchange Privilege at no cost.
(Some properties may not be available as an exchange.)

This Parcel is offered with Owner Financing and no qualification to own.

This Parcel is within a Legal Recorded Subdivision or Plat.
This Parcel may be subject to Protective Covenants.
Title insurance is available on all Parcels.
We Guarantee a free and clear Title!

To Obtain more information:

Send an email to

- Or -
Call and speak to Billy directly! 1-800-724-0551

Visit this Link for Auction Terms and more information regarding
Bidding and Participating in this Auction.

Be certain that this land is suitable for your needs
before you place your bid.

It is your responsibility to determine if this
property is suitable for your specific needs!

Be certain that you have no unanswered questions before you place your bid.

The winning bidder will be contacted by email
immediately after the end of the Auction.

The winning bidder must contact me at

within 24 hours after the end of the Auction.

A 'Documents Processing Fee' of $249.00 will apply to each auction,
and covers the cost of document preparation and FedEx Mailings.
This fee is due no later than 10 business days after the auction closes.

Please, do not bid if you find any aspect
of these terms to be disagreeable.

YOU ARE BIDDING FOR THE DOWN PAYMENT ONLY!

The Winning Bidder will assume a balance of $39,900

The amount of the Winning Bid will be deducted from
the assumable balance as the down payment!