Investment Opportunity: 3-Bedroom, 2-Bath Home on 0.78 Acres in McGaheysville, VA – Online Auction
Explore this great investment or renovation opportunity with a spacious 3-bedroom, 2-bathroom home located at 457 McGahey Lane, McGaheysville, VA. Situated on a 0.78-acre lot made up of two parcels, this 1,883 sq ft property offers peaceful rural living while being just minutes from Harrisonburg, Massanutten, and Shenandoah National Park.
Auction Details:
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Online-only auction conducted by Mountain Valley Auction Group
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Starting bid: $10,000
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Auction closes at 1 PM ET, Wednesday, July 9, 2025
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10% buyer’s premium added to the final bid price
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Sold AS-IS, WHERE-IS, with no contingencies on inspections, financing, or appraisals
Key Purchase Terms:
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10% buyer’s premium applies
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$10,000 non-refundable deposit due within 24 hours after auction close
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Closing due between November 18 and December 2, 2024
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Free and clear title, transferred without liens
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Buyer responsible for all due diligence before bidding
Why This Property Stands Out:
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Ideal for investors, flippers, or landlords seeking rental income potential
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Excellent vacation rental prospects near popular destinations
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Perfect project for DIY enthusiasts looking to add value
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Quiet country setting with convenient access to local amenities and outdoor activities
Important Buyer Information:
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All inspections must be completed prior to auction close
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Buyers should carefully review auction terms and disclosures available on the Mountain Valley Auction Group website
Don’t miss this rare chance to bid on a home with strong potential in a sought-after location. Visit Mountain Valley Auction Group to register and learn more about this opportunity today.
From Zillow
