Homesites on Smith Mountain Lake, Va. Sell for $ 17,020,500 | Nation / World

ROANOKE, Va., Dec. 9, 2021 / PRNewswire / – A major land auction on Smith Mountain Lake in Virginia resulted in the sale of all land for a total of $ 17,020,500.

The December 2 auction, which featured 37 plots in Franklin County, was conducted by Woltz & Associates, Murray Wise Associates LLC, and Schrader Real Estate and Auction Company. The land included 3.2 miles of lake frontage and 29 waterfront lots.

“We’ve been selling properties around Smith Mountain Lake for decades, but it was possibly the most beautiful ever. We had many beautiful woodlands with hundreds of feet of water frontage. People immediately realized the value and responded in a big way, “said Russell Seneff, auctioneer and real estate broker for Woltz.

“We had a crowd of about 400 people, with 143 registered bidders. The 37 lots had 27 different buyers, including buyers from Florida, New York, Georgia, North Carolina, Pennsylvania and all of Virginia, ”said RD Schrader, chairman of Schrader. Real estate and auction company.

Woltz & Associates, based in Roanoke, Virginia, specializes in the sale of forest land, farms, commercial, investment and industrial properties, using both traditional auctions and auctions.

Schrader Real Estate and Auction Company, based in Columbia City, Indiana, is one of the leading auctioneers of land and farm equipment in the United States. The company is a five-time winner of USA Today / National Auctioneers Association Auction of the Year.

Murray Wise Associates, based in Champaign, Ill., Sells farmland by auction and private treaty across the United States and provides farm management services.

For more information:

Carl Carter, 205-910-2952

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SOURCE Woltz & Associates

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