Listing Saved
Email Sent

Bankruptcy Sale, Stunning Views

Cliffs Road : Northern Neck, VA 22572

Richmond County, Virginia

1,000 Acres
Land Auction
November 3, 2022 12:00 PM
Create a FREE Land Buyer Profile or sign in to save this auction. DISMISS
New Listing

Land Description

Bankruptcy Sale. 1,000± Stunning Acres In Richmond County, Va (Fones Cliffs).

Cliffs Road, Northern Neck, Richmond County, VA 22572

November 3, 2022 at 12:00 PM Via Zoom

Minimum Bid: $4.25 Million (last sale in 2015: $12 Million.)

1,000± acres in Northern Neck of VA. Fones Cliff has incredible views along the Rappahannock River. Currently zoned A-1, but a preliminary development plan (now potentially expired) was previously approved which included a golf course, lodge, restaurants, spa, 116-Room hotel, commercial center, equestrian center and 718 single-family detached and townhouse units.

The Property is located within a designated "Opportunity Zone" which offers tax incentives for long term investments. Property also has significant value beyond development: conservation value, minerals, hunting & fishing, timber etc.

Qualifying Bids due 1/31 after the Auction Date.

Bidding Procedures Contract of Sale and other legal information about the Auction available on this site. Buyer Brokers Coop 2% - In Re Virginia True; CH 11 Bankruptcy Case 19-42769-Nhl, Edny.

Inspection - Interested parties can visit the property by coordinating with Joshua Olshin. See Auction Advisors for more details.

Land Maps & Attachments

More Land Details

Mountainous Terrain
Paved Road Access
MLS / Internal / Other ID
14 Days Ago
Last Updated
14 Days Ago
Land features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by AUCTIONFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Buyers should excercise their own due diligence when purchasing real estate. Contact the seller directly regarding this listing.