162.62 Acres in Gladys, VA - $535,000

This property lays rolling with the northern boundary fronting Mollys Creek. This property consists of 42 acres in open land, 70 acres of 2018 planted Loblolly pine, and the remaining 48 acres is mature hardwood bottom land and a 1-acre pond. The improvements include a large two-story barn in good condition. The Lippitt Farm has a Virginia Outdoors Foundation Conservation Easement along with a Nutrient Bank Easement. This property cannot be subdivided, and the Loblolly pine timber may be harvested but only with an approved timber management plan. The pine land may not be cleared for fields, it must be replanted after harvest to stay in timber. This farm has an excellent building site for a home and enough unencumbered open land (42 acres) for a small farm. The access to the farm is by paved State Road frontage and a 50 deeded Right of Way, the majority of the property can be accessed by a pickup truck. The Lippitt Farm is a great opportunity to own a nice small farm but with a large acreage for a timber investment and estate home place.

Disclaimer: Property inspections shall be done during daylight hours. Seller and Advance Land and Timber, LLC in no way make any representations or warranties regarding the conditions of the property, including any and all access routes, and all persons entering upon the property do so at their own risk and accept said property as-is in its existing condition during such inspections. All persons entering upon the property assume all risks and liabilities and agree to indemnify, defend, and hold harmless Seller, its affiliates, officers, directors, managers, agents, representatives and employees from and against any and all claims, demands, causes of action, injuries (including death) and damages resulting from any accident, incident, or occurrence arising out of, incidental to or in any way resulting from his or her inspection of the property or his or her exposure to the conditions of the property.