$549,000
Penhook, VA 24137
MLS# 893372
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Property Description
177 acres with two areas of shoreline, both largely back-filled with silt. One has a public road leading to an unpermitted pier and floating dock., the other, a derelict floating dock. AEP requests all the structures withing the project boundary be removed or properly permitted. According to the SMP, the shoreline adjacent to the subject property is classified as RPA due to the potential presence of wetlands in the vicinity. The SMP generally discourages development in areas classified as RPA, unless a Resource Protection Area Exception is granted by Appalachian pursuant to the requirements of Section 3.4.2 of the SMP. As a result, the Occupancy and Use Permit application would require a Resource Protection Area Exception. In order to complete this process, a qualified wetlands expert
Details
Maps
Contract Information
Current Price: $610,000
Sold Price: $610,000
List Date: 2022-09-30
Status: Closed
General Property Description
Land Type: Land (Acreage)
Land Sub-Type: Undeveloped
Total Acreage: 177.04
Manufactured Allowed: Yes
Water Class: Waterfront Property
Water ID: Smith Mtn Lake
Length of Waterfront: 1158
Location, Legal & Taxes
Major Area: 04 - Franklin County
Area: 0490 - SML Franklin County
Street Number: 2101
Street Name: Kay Fork
Street Suffix: RD
State/Province: VA
Zip Code: 24137
Subdivision: N/A
Municipality: Franklin County
Tax ID: 0670000100
Annual Taxes: 2695
Zoning Code: A1
POA Y/N: No
Elementary School: Glade Hill
Middle School: Ben Franklin Middle
High School: Franklin County
Remarks & Misc
Directions: From Rte 40 turn on Kay Fork Road, property is on the L & R. The first sign on the L marks the 50 foot public right-of-way to the first, most-viable lake-frontage. See Addendum for more directions.
Status Change Info
Ratified Contract Dt: 2022-12-16
Sold Date: 2023-05-04
Sold Price: $610,000
Internet Access
Cur'nt Internet Prov: Verizon
Property Features
Limited Service: Not Limited Service
Land Description: Gentle Slope
Views: Lake
Bldgs on Property: See Remarks
Misc Features: Horses Permitted; Pasture
Property Description: Secluded
Documents Available: Survey
Electric Description: Above Ground
Water Description: None
Sewer Description: None
Internet Access: Other, See Remarks
Boat Dock Desc: Floater; Stationary
Water Features: Cove
Slr Pd Fin Concessns: No
Supplements
would need to prepare a wetlands evaluation of the area located within the Project boundary adjacent to the subject property. This evaluation will then be reviewed by the U.S. Army
Corps of Engineers (USACOE) to determine the extent, if any, of wetlands located within the Project boundary. If no wetlands are present, the USACOE will issue a Preliminary Jurisdictional Determination to that effect. If wetlands are confirmed by the USACOE, then the applicant will need to submit a mitigation plan to offset any potential impacts. In accordance with Section 3.4.2 of the SMP, Appalachian must consult with the Virginia Department of Environmental Quality (VDEQ), the Virginia Department of Wildlife Resources (VDWR), and the Habitat Technical Review Committee prior to issuance of any permits for development activity in areas classified as RPA.
Listing Office: MKB, REALTORS® - AT THE LAKE
Last Updated: May - 10 - 2023
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