"RIVERSTONE RANCH"--979 +/- ACRES OFFERED IN ITS ENTIRETY--BUCHANAN, VA
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"RIVERSTONE RANCH"--979 +/- ACRES OFFERED IN ITS ENTIRETY--BUCHANAN, VA

Welcome to the RiverStone Ranch. Uncover a treasure tucked away within the blissful foothills of the Blue Ridge and the Appalachian Mountains. This 979± acre property with 2.2 miles of James River frontage captures the quintessential tenets of Virginia living, including unforgettable adventures, natural beauty, and living history.

NOTE:  Auction will be conducted off site at the Hotel Roanoke Hotel & Conference Center, 110 Shenandoah Ave. NE, Roanoke, VA 24016

Auction conducted in cooperation with Hall and Hall

Address

Map

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Description

"RIVERSTONE RANCH"

Auction conducted in cooperaton with Hall and HalL

NOTE:  Auction conducted off site at The Hotel Roanoke & Conference Center, 110 Shenandoah Ave. NE, Roanoke, VA 24016

 

Executive Summary

Welcome to the RiverStone Ranch. Uncover a treasure tucked away within the blissful foothills of the Blue Ridge and the Appalachian Mountains. This 979± acre property with 2.2 miles of James River frontage captures the quintessential tenets of Virginia living, including unforgettable adventures, natural beauty, and living history.

Call Hall and Hall Auctions today to request a brochure!
1-800-829-8747

Please CLICK HERE for the Hall and Hall website for complete details

Auction Date and Location:
Wednesday, October 28th at 10:00 am ET
The auction will be held at The Hotel Roanoke & Conference Center

Information Dates and Location:
Thursday, September 24th at 10 am to noon
Thursday, October 8th at 10 am to noon
Or shown by appointment
Held at the Cabin on the property

Property offered in conjunction with Nicholls Auction Marketing Group.

Just the Facts

  • 2.2 miles of James River frontage and access
  • World-class fishing for trophy smallmouth bass and muskellunge
  • Canoeing and kayaking
  • Trophy whitetail, turkey, duck, and goose hunting
  • Five stand professional skeet range
  • 7.7 miles of hiking, mountain biking, equestrian, and ATV trails

Acreage (Deeded & Leased)

 

979± Total acres

813± acres of timber: A 2019 timber cruise shows 5.5 million Board Feet with 85% grade hardwood. The remainder in White Pine.

 

Deeded Acres: 979±
Total Acres: 979±

Improvements

Three bed, two full bath log cabin, including furnishings. Re-sanded and stained in 2019

Pavilion with panoramic views overlooking the Appalachian Highlands

New high/low skeet range designed by Virginia Tech shooting coach

Features 7+ miles of Hiking / ATV mountain trails

Water Resources

Over two miles of James River frontage featuring, canoeing, floating, and fishing

 

Location

RiverStone Ranch is surrounded by the Blue Ridge and Appalachian Mountains, but still accessible to major metropolitan areas.

 

Driving Distance From:

-         Roanoke, VA – 30 miles

-         Charlottesville, VA – 100 miles

-         Durham, NC – 150 miles

-         Richmond, VA – 170 miles

-         Charlotte, NC – 220 miles

-         Washington, DC – 220 miles

 

Directions from Roanoke:

-         Travel northeast on Interstate 1 to Exit 162

-         Proceed northeast on Lee Hwy/Main St/11 into the town of Buchanan, VA

-         Turn west (left) onto 43/1st St/Narrow Passage Rd. and proceed for 3.75 miles

-         Turn west (left-just past James River High School) onto Springwood Rd. and proceed for 1.3 miles

-         Turn north (right) onto Trebark Rd (625) and proceed for 3.2 miles to property

History

‘We need to utilize James River as our gateway to the West’, George Washington wrote to Governor Benjamin Harrison in 1784, just one year after the end of the American Revolution. Washington had a bold vision to greatly expand commerce through the transportation of cotton and tobacco by bateaux along the James River. Gradually, as his plan was implemented, the outposts of Scottsville, Lynchburg, and Buchanan were established.

As a result of the early success of the James River Kanawha Project, the General Assembly requested that it be extended to Covington. However, there was a rather imposing problem, a huge bend in the James River that prevented bateaux travel due to the rocks and rapids. James Madison, Chief Justice John Marshall (whom the tunnel is named) and others, developed a plan to tunnel through the mountain and bypass the river bend. The immense project would take place on what is now known as RiverStone Ranch.

The project began with a tunneling crew on each side of the mountain with hopes of meeting in the middle. They had only hand tools to dig through solid rock, which resulted in the tunnel taking much longer to complete then planned and at an extraordinary cost. With the railroad industry quickly expanding and the impending Civil War, the project was abandoned after six years in 1865, never to be completed.

What was initiated with the James River Kanawha Project in Richmond, Virginia, in 1785 ultimately ended a century later in 1865 on this property – RiverStone Ranch. The tunnels, canals, and stone walls remain just as they left them and serves as a lasting testimony to George Washington’s bold vision to take wilderness and make it a civilization. RiverStone Ranch has a history no other property in Virginia nor America can claim.

Terms

Summary of Terms:

-         A 5% buyer’s premium will be added to the final bid price(s) to determine the total contract price(s).

-         A 10% earnest money deposit of the total contract price will be due immediately from all successful bidders.

-         The property is being sold “AS IS, WHERE IS” and without any contingencies, including financing.

-         Closing will be set 30 days from the auction date or as soon thereafter as closing documents are available.

-         Broker participation is available. Contact our office for details.