5055 Webster RD, Glade Hill, VA 24092 (MLS# 905863)

$2,200,000

5055 Webster RD
Glade Hill, VA 24092
MLS# 905863

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Property 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.

Details

Maps

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

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.

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.

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