You have the opportunity to purchase an incredible farm or recreational property in Pembroke VA! The property features 478.75 +/- acres offered in 6 tracts. This property has impeccable farm and pastureland that is fenced and cross fenced with mountain springs, multiple troughs, new waterlines and a Ram Hydraulic Pump to supply water throughout the farm. A portion of the property is wooded and has a creek running though. The property is set up and ready to serve as a cattle operation, horse farm or recreational paradise!
The property has several excellent building spots with gorgeous Blue Ridge Mountain and New River Valley Views. It is located within 30 minutes of Blacksburg VA and the New River Valley. The property is located just outside of Pembroke and within minutes of Pearisburg VA. It is close to Mountain Lake Lodge, the Cascades Falls Trailhead, Jefferson National Forest and George Washington National Forest.
The property is being offered in 6 tracts with the opportunity for combinations. Tracts # 2 - #5 have rights to springs located on tract # 4 and # 5 and that the attached Deed will be recorded at closing. Property is currently not in Land Use - rollback taxes don't apply.
This would be a great opportunity for farming, hunting, recreation or building your dream home!
This property is known as TRACT 5
Tract # 5
121.418 +/- Acres of open and wooded land. It features fenced pastureland and incredible views from top of property. It has a few great building spots. There is a 100-foot APCO Easement and Powerline going through back of land. There is also a Mountain Valley Pipeline Easement going through back portion of property. The MVP Easement calls for a 50-foot permanent easement and a 75-foot temporary easement for construction and workstation. Auctioneer and Seller do not know if or when construction will begin or how long it will last. This tract has rights to the spring and Ram Hydraulic Pump located on Tract # 4. There is a mountain spring, spring reservoir, frost free spigot and water trough located on property. Tract # 2, # 3, and # 4 have rights to the spring on this property. The top portion of this tract has an elevation just over 2,500 feet. There are long range views into Giles, Montgomery, Bland, and Pulaski Counties in Virginia as well as long range views into Monroe County WV. You can also see the towns of Pembroke, Pearisburg, Ripplemead and Narrows. One of the best views from this tract is the gap in the mountain at Narrows where the New River flows North into West Virginia. The New River is one of the oldest rivers in the world and one of the only rivers that flows north. The New River flows into the Kanawha River, then The Ohio River, and then into The Mississippi.
426 Dry Branch Road, Pembroke VA 24136
Live & Online Auction Saturday March 27th @ 10 AM
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Click Here for Auctioneer Report
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Click Here for Deed of Water Rights Easement and Maintenance
Click Here for Short Video of Tract 5
Preview Dates- Saturday March 13th @ 10 AM and Saturday March 20th @10 AM
General Terms and Conditions – 10% Buyers Premium, 10k EMD per Tract, 45 day close, Subject to Seller confirmation. 6 Tracts will be offered individually and in combination. Refer to Bidder Pack for complete Terms and Conditions. It is very important that interested bidders fully and completely read and review all documents and maps in Bidder Pack. The Bidder Pack has maps and documents that explain Spring and Water Rights, and the layout of Springs, Waterlines, etc. Live Auction begins at 10 AM Saturday March 27th 2021 and will be simulcast with online bidding. Download Maps, Auction Terms, Contracts & Disclosures for complete information.
Contact – Broker & Auctioneer, Matt Gallimore at 540-239-2585 or email email@example.com
Directions – From Blacksburg VA – take Highway 460 West 18 miles to the Town of Pembroke VA, Take a Right on Cascade Drive, go 8/10 of a mile to a Left on Johnson Avenue, go 1/4 mile to a Right on Dry Branch Road. Property is on both sides of road at 426 Dry Branch Road, Pembroke VA.
From Pearisburg VA – take Highway 460 East 9 miles to the Town of Pembroke VA, Take a Left on Cascade Drive, go 8/10 of a mile to a Left on Johnson Avenue, go 1/4 mile to a Right on Dry Branch Road. Property is on both sides of road at 426 Dry Branch Road, Pembroke VA.