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ActiveSugar Grove, VA, 24375
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.
Listed by: Jacob H.R. Oliver, Coldwell Banker Avenues
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