KJL20-008
2.87 Acres
Exclusive Runaway Bay
Lynch Station, VA
A large and affordable peaceful lot for your lake area dream home in prestigious Runaway Bay.
Payment Options
To Buy This Property
Cash Purchase | Seller Financed Purchase (No Credit Check) |
|---|---|
| Either: 1) Click the above “Buy Now” button to purchase via our credit / debit card processing service. Include your e-mail and phone number on the credit / debit card processing screen to enable us to reach out to you and a) confirm receipt of payment and b) communicate closing details with you. Or 2) Call us at 254-294-4314 to arrange payment and closing details. | Either: 1) Click the above “Make Down Payment” button to pay the $2,500 down payment by credit / debit card. The payment will apply toward the total Purchase Price. Include your e-mail and phone number on the credit / debit card processing screen to enable us to reach out to you and a) confirm receipt of payment and b) communicate closing and financing details with you. Or 2) Call us at 254-294-4314 to arrange payment, financing and closing details. Click HERE to see an example amortization schedule |
The Next Steps in Process are: | The Next Steps in Process are: |
| 1) We will prepare and send to you by e-mail a copy of the notarized Deed transferring the property to you. | 1) We will prepare and send to you by e-mail for your signature a “Contract for Deed” outlining your obligation to make payments and our obligation to provide a notarized the Deed transferring the property to upon receipt of all payments due. |
| 2) We will send you a receipt and send the original deed to the county to be recorded (you will receive a tracking # from us when it is sent). We will pay all recording fees and transfer taxes. | 2) We will send you instructions for making your remaining payments by check, money order or cashiers check (your choice). We will send you a receipt and statement monthly. |
| 3) Once the county records the deed, they will send the original deed directly to you by USPS Priority mail (you will receive a tracking #). The recording process usually takes 2 to 4 weeks. | 3) Once your final payment has been made and cleared, we will send you a payment-in-full receipt and send the original deed to the county to be recorded (you will receive a tracking # from us when it is sent). We will pay all recording fees and transfer taxes. |
| 4) Once the county records the deed, they will send the original deed directly to you by USPS Priority mail (you will receive a tracking #). The recording process usually takes 2 to 4 weeks. | |
| That’s it. | That’s it. |
Property Description
Approximately 2.87 Acres
A Nice, Large and Affordable Lot – quiet, peaceful, and private with natural beauty for your lake area vacation or retirement dream home in one of Virginia’s best kept Secrets – prestigious Leesville Lake community of Runaway Bay.
This subdivision comes with Paved Streets, Street Lights, a Community Park offering Paved Walking Trails, Tennis Courts, a Basketball Court, Picnic Area, Covered Pavilion, and other amenities such as Water Access with Boat Launch, Day Dock and Locked Boat Storage.
Motivated Owner / Seller – Selling for about 25% of the Tax Assessed Value – Only $10,500 Cash (Tax Assessed Value is $36,600). If if you choose to seller finance, you still pay less than 1/3 of of the Tax Assessed Value.
The property is about 30 miles to Lynchburg and 45 miles to Roanoke.
For Runaway Bay info:
- Facilities: www.runawaybayhoa.com/p/Facilities
- HOA: www.runawaybayhoa.org
- Covenants & Restrictions, By Laws, Handbook and Guidelines: www.runawaybayhoa.com/p/Law
- Utility and Services Information: Click Here
Property Information
Parcel Size
2.87
State
Virginia
County
Campbell
Nearest Cities
Altavista
~15 miles
Lynchburg
~ 30 miles
Roanoke
~ 45 miles
Parcel #
96A-17-351
Tax ID 0010034627
Address
00 Clear Pointe
Lynch Station, VA 24571
Legal Description
Runaway Bay Lot 351 Ph 14
Features
Acres
2.87
Dimension
Approx. 315 ft x 445 ft
County
Campbell
Subdivision
Exists
Access
Paved Public Road
Power
See Utility Information link above
Water
See Utility Information link above
Heating
See Utility Information link above
Coordinates
GPS: 37.085189, -79.418200
Zoning
Residential
Purchase Information/Fees
Price
The purchase price must be paid according to the terms above. To pay by cashier’s check instead of credit card – call us at the phone # below.
Closing
Seller pays all closing costs when closed directly by us. Buyer pays all closing costs if closed using a 3rd party or title company.
Other Costs
2020 Taxes were $206/yr and 2020 HOA assessments were $482/year.
Nearby Attractions / Town
Leesville Lake
Leesville Lake is a reservoir in Virginia located southeast of Roanoke, and southwest of Lynchburg. Leesville Lake covers 3,270 acres and is 17 miles long with around 110 miles of shoreline. The reservoir lies in a broad valley nestled in the Blue Ridge Mountains of rural southwestern Virginia of the Appalachian chain.
Since the 1960s, the area around Leesville Lake was relatively rural. Since about 2004, however, residential growth has begun to expand rather quickly and lakefront homes and communities now dot the shoreline. Boat traffic on the lake remains low relative to nearby Smith Mountain Lake, Kerr Lake and Lake Gaston.
Read more about the lake here: https://leesvillelake.org/the-lake/
Lynchburg, VA
Lynchburg is near the geographic center of Virginia and its 2010 Census population was 75,568, but is estimated at 82,000+ people as of 2019. It is located in the foothills of the Blue Ridge Mountains along the banks of the James River, Lynchburg is known as the “City of Seven Hills” or the “Hill City”. In the 1860s, Lynchburg was the only major city in Virginia that was not recaptured by the Union before the end of the American Civil War.
It is the site of several institutions of higher education, including Virginia University of Lynchburg, Randolph College, University of Lynchburg, Central Virginia Community College and Liberty University. Nearby cities include Roanoke, Charlottesville, and Danville.
Click here to watch a short Video Tour of Lynchburg.
Liberty University
Liberty University (LU), in Lynchburg, Virginia was founded in 1971. It is one of the largest Christian universities in the world and one of the largest private non-profit universities in the United States, measured by student enrollment. The university enrolls more than 15,000 students at its Lynchburg campus and more than 94,000 students in online courses for a total of about 110,000.
The school consists of 17 colleges, including a school of osteopathic medicine and a school of law. Liberty’s athletic teams compete in Division I of the NCAA and are known as the Liberty Flames. Their football team is an NCAA Division I FBS Independent and most other sports compete in the Atlantic Sun Conference.
Roanoke, VA
Roanoke is a city of about 97,032 people as of the 2010 census. It is located in the Roanoke Valley and is the largest municipality in Southwest Virginia, and is the principal municipality of the Roanoke Metropolitan Area, which had a 2010 population of 308,707 (composed of the independent cities of Roanoke and Salem and the counties of Botetourt, Craig, Franklin, and Roanoke). Roanoke is bisected by the Roanoke River and is the commercial and cultural hub of much of Southwest Virginia and portions of Southern West Virginia.
Read more about the city and things to there at this link: Roanoke Website
And watch a video here
Important Pre-Buy Information
This property is sold “As Is” and “Where Is”. Read the information about the property, the HOA and available services by viewing the information and contacts provided via the links on this page.
Local Utility and Governmental Contacts