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103.48 Acres Twilight Road , Sugar Grove, VA 24375

$250,000.00
  • 103.48 Acres Twilight Road , Sugar Grove, VA 24375 Main Photo
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New to the Market Active
LOT SIZE 103.480 acres MLS#2613535
STATUSActive PROPERTY TYPELand - Residential

Property Description

Great opportunity to own 100+ acres of scenic land in Smyth Co., VA, w/ the potential to create a private homesite while enjoying the beauty & low-maintenance ownership of a professionally managed timber property. The Rye Valley Farm Nutrient Bank consists of 2 parcels totaling 100+ acres, including 38 & 65.3 acres. Formerly pasture, the property has been planted w/ native trees as part of a nutrient bank designed to offset nutrient runoff. With 3,000' of frontage along Twilight Dr., it offers multiple access points. Up to 5 total acres may be removed from the program before closing, allowing for either one 5-acre homesite or one 2.5-acre homesite on each parcel. Purchaser is advised to coordinate w/ RES for removal of up to 5 acres & to set expectations for Purchaser before closing. The balance of the property will remain in managed timber, in accordance w/ the Declaration of Restrictions running w/ the property. The property benefits from ongoing professional monitoring & stewardship by the current nutrient bank owner, or its successor, helping to ensure the long-term health, preservation, & value of the planted timber. Timber management & harvesting by the Purchaser may be permitted subject to an approved forestry management plan. With 120' of elevation change, the property has several potential homesite locations w/ scenic views of the mountains & countryside. Trails may be maintained through the property in accordance w/ the Deed of Restrictions, allowing for recreational use & access throughout the tract. The nearby George Washington & Jefferson National Forests provide additional recreational opportunities w/ 75,000 acres located in Smyth County. Marion, located 25 minutes NE, offers grocery stores, restaurants, shopping, & other amenities. Whether you're seeking a private mountain retreat, recreational getaway, or long-term land investment, Rye Valley Farm Nutrient Bank offers the rare combination of large acreage, scenic views, established native forest, & low-maintenance ownership.

Property Features

Property Type: Land - Residential
Days on Market: 1
Lot Size: 103.48 Acres
Taxes: $508

Feature Descriptions

Lot: Landscaped, Undeveloped
Lot Dimensions: 0
Parcel#: 71-3-2, 71-3-3
Sewer: None
Utilities: Natural Gas Not Available, Electricity Available, Sewer Not Available
Water: Well

Local Schools

High School: None
Middle School: None
Elementary School: None

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Avenues

Shown By

Agency Title: Resource Realty Services
Agency Phone:

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Estimated Payment

$ 1,164.58 per month $1,049.33 Principal & Interest $42.33 Property Tax $72.92 Homeowner's Insurance

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