5055 Webster RD, Glade Hill, VA 24092
$2,200,000
Property Type:
Land
Lot Size (sq. ft.):
2,853,180
Status:
Active
Current Price:
$2,200,000
List Date:
3/19/2024
Last Modified:
3/19/2024
Description
This unique waterfront tract has unlimited possibilities w/approx 46 acres above the 800' contour with approx 1500' of waterfront and super main channel views.(Total of 65 acres counting 19 acres below the 800' contour). This property has served as a campground with 42 assigned lots which are leased on a calendar year annual basis. Included with the purchase is a rustic single family farmhouse built circa 1900 w/no HVAC and a bath house for renters convenience. There are numerous floater style docks along the shoreline. There are three septic tanks in total. One septic serves the men's bathhouse, one for the women's bathhouse & one for the farmhouse & 2 trailers towards the gate entrance. Seller is selling property as-is. Public Boat Ramp available adjacent to this property.
Supplements: Each campsite can negotiate their own individual electric connection. Water is provided via individual spigot during warm months by a common well with the storage tank. Net income for 2023 was roughly $40,000.00. Sellers are not having AEP inspection since sold as-is.
More Information MLS# 905863
Contract Information
Current Price: $2,200,000
List Price: $2,200,000
List Date: 2024-03-19
Status: Active
General Property Description
Land Type: Land (Acreage)
Land Sub-Type: Commercial Land
Total Acreage: 65.5
Manufactured Allowed: Yes
Water Class: Waterfront Property
Water ID: Smith Mtn Lake
Length of Waterfront: 1500
Location, Legal & Taxes
Major Area: 04 - Franklin County
Area: 0490 - SML Franklin County
Street Number: 5055
Street Name: Webster
Street Suffix: RD
State/Province: VA
Zip Code: 24092
Subdivision: N/A
Municipality: Franklin County
Tax ID: 0460009200
Annual Taxes: 6351
Zoning Code: A1
POA Y/N: No
Elementary School: Glade Hill
Middle School: Ben Franklin Middle
High School: Franklin County
Remarks & Misc
Directions: From Rt 122 turn Left on Burnt Chimney Rd. Take 1st exit at roundabout onto Brooks Mill Rd. Turn left on Webster Rd to end of road at left. Enter at gate on right. End of Webster runs into lake.
Property Features
Limited Service: Not Limited Service
Land Description: Gentle Slope
Views: Lake
Electric Description: Available
Water Description: Private Well
Sewer Description: Private Septic
Listing Office: WAINWRIGHT & CO., REALTORS®- LAKE
Last Updated: March - 19 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.
