Shuler Ln Lot 2, Stanley, Virginia, United States | Residential Land For Sale at GLOBAL LISTINGS

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Residential Land For Sale

$299,500

Shuler Ln Lot 2
Stanley, Virginia, United States

Listed By: Realtyww Info

Listed On: 08/28/2024

Listing ID: GL11389543 View More Details

Description

The Rapids at Promise View Farm! Rarely found riverfront property with owner financing offered with as little as 10% down. This 10-acre parcel fronting on the south fork of the Shenandoah River is situated just outside Stanley, Virginia. Enjoy the stunning views of the Page Valley from this property while listening to the soothing Shenandoah River flow by. Abutting the historic Gordonsville New Market Turnpike, now one of the last remaining true country roads in Page County, the privacy of this property is truly second to none. This property is the premier location to build your forever home or short-term vacation rental(s) (STR), which are allowed by right. There is no HOA! This property allows for the construction of two separate rental units by right (one primary dwelling and one guest house, both of which can be rented separately either short-term or long-term). All the preliminary work has been completed leaving you to just start building! Soil work is done enabling the future installation of a four-bedroom septic system and a septic letter has been issued (2024). A new access road has been installed within an approved VDOT entrance, electricity easements are in place, and a new boundary survey has been completed.. first position deed of trust against the property, credit check required, loan documents prepared by seller's attorney and recorded at expense of purchaser, lender's title insurance policy obtained at closing at expense of purchaser, and if entity is taking title to the property all members of the entity and their spouses must sign the note. No prepayment penalty for early partial or full payoff of note. A very small portion of the property on the riverfront is in the flood plain.

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Listed by: Lauren Reed