Boddie-Noell Enterprises, the developer of Viniterra a golf course, winery and high-end subdivision in New Kent , VA is auctioning off large parcels of land .
A total of almost 800 acres will be sold on Oct. 15 ,2011.
The baseline asking price is $1,495 per acre. North Carolina-based Iron Horse Auction Company will handle the auction on the grounds of the New Kent Winery.
Viniterra, the winery-themed housing development and golf course, opened in 2007 and was tied into the New Kent Winery, which opened a year later.
If the $1,495 minimum bid price seems cheap, that’s because the owner wanted to emphasize that it is not underwater and can safely afford to sell the parcels at market price.
In addition to being held under a big tent at the winery, the auction will be broadcast online. The 786 acres will be broken into 26 parcels. Parcels range in size from 15 to 71 acres. Bidders can bid on a single parcel, pick and choose multiple pieces or go for the entire tract.
Read more about Viniterra here
Search homes for sale at Viniterra here
Auction information here
Like what you are reading ? Want to receive updates by email in the future ? Sign up here  psst … I’m a Realtor! Thanks for stopping by my website. I would love to help you find your dream home and community in the Hampton Roads or Williamsburg area or to sell your existing home. This post was authored by local resident and REALTOR, John Womeldorf. John is known around town as Mr. Williamsburg, for both his extensive knowledge of Hampton Roads and the historic triangle, and his expertise in the local real estate market. His websites, WilliamsburgsRealEstate.com and Mr Williamsburg.com were created as a resource for folks who are exploring a move to Williamsburg, VA , Hampton Roads VA and the surrounding areas of the Virginia Peninsula. On his website you can search homes for sale , foreclosures, 55+ active adult communities, condos and town homes , land and commercial property for sale in Williamsburg, Yorktown, New Kent, Poquoson, and Gloucester, VA as well as surrounding markets of Carrolton, Chesapeake,Gloucester, Hampton, Isle of Wight, Portsmouth Mathews, Newport News Norfolk, Poquoson, Smithfield, , Suffolk, Surry, Va Beach, Yorktown and York County Virginia
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Filed under: New Kent VA Communities, Viniterra |
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