Rebel Yell Auction Company

FOR SALE:

Smith Mountain Lake, Virginia, Island Hideaway – Goodview, VA 24095 – Bedford County – on the beautiful Smith Mountain Lake There are only 4 habitable islands on Smith Mountain Lake, the lake that boasts over 500 miles of shore line.

We are very pleased and proud to offer for sale by our company the second largest of these rare islands, consisting of 3.53 total acres of island. There are two building lots and they are Island Lot #1 consisting of 1.75 acres (+ or -) and Island Lot #2 consisting of 1.78 acres (+ or -). The island has electricity and a one room cabin. Both tracts have large private boat docks and piers, zoning is R-1, low density residential. Also included in this offering is a land shore tract of land consisting of 1.46 acres (+ or -) in the Hidden Grove Court Subdivision, Goodview, VA 24095, and is zoned R1 low density residential. This property hosts a water well that has never been used and has a dock and a pier. At present, this is a vacant lot and has an area suitable for a single family construction. There is a gravel road from the entrance to the property down to the Lake’s edge. Navigational markers closest to the island are BE-6, BE-7, and BE-9. The total land mass offered in this sale is 4.99 acres (+ or -). Total present Bedford County tax value is $801,400; total current appraisal dated May 7, 2011, for the subject property is $720,000. This is a wonderful and very rare opportunity to purchase an once-in-a-lifetime island hideaway in Virginia in one of our country’s most beautiful fresh water lakes. Property of this rarity seldom finds its way to the public’s eye for sale. We are offering all 3 tracts, the two islands and lakeshore, to be sold all together and will not separate. The property is being sold as is, where is, with no guarantees, none implied. The legal descriptions of said real estate are Bedford County, VA, Instrument #110006895. Total Bedford County taxes combined for land $4,007 per year and $140 per year HOA fees for land shore tract. Seller warrants that the property does include water frontage either by deed or easement.

Our company is acting merely as a broker for the seller and has represented and described this real estate to the best of our ability. We are offering broker and realtor participation on this sale. Contact our company for details.

Please view our virtual tour of this property or call our office to arrange a personal tour – serious qualified buyers only please.

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