Valuable Real Estate For Sale At Online Auction
Closing October 1, 2025 @ 1:00 PM

We are offering at online auction 50.25 +/- acres of land on Peake Mountain Rd in Rockingham County VA. This property is zoned A-2 agricultural and is being offered in two separate tracts of 10 acres and 40 acres. It is wooded with primarily mature hardwoods, and offers abundant wildlife, lots of road frontage on Peake Mountain Rd, recent survey, and VDOT approved entrance locations on both tracts. The 10 acre tract comes with a 5 bedroom perc certification and both have suitable areas for building. This property is 10 miles west of Harrisonburg with easy access to Rt 33 and Singers Glen Rd.

This Is An Online Only Auction - All Bids Must Be Submitted On The Website. Click The "Bid Online Now" Button To See Property Details and To Bid.

This property has been in the same family since 1936. Opportunities to buy land like this don't come along very often. If you are looking for quiet mountain or timber land with plenty of wildlife where you can build a home in the future, then you have found the right place. It is located less than 1 mile from the George Washington National Forest access road with plenty of opportunities for hiking, hunting, and ATV riding. Each tract has lots of road frontage on a paved road and electricity is provided to the property by Shenandoah Valley Electric Cooperative. Both tracts have VDOT approved entrance locations and the 10 acre tract already has a 5 bedroom perc certification on file. (Per the soil engineer, the 40 acre tract should have no problem qualifying for a similar perc certification). A recent survey has been completed.

Tract #1 -  is 10 +/- acres located on the northern end of the property. This tract is a division of the original 50 acre tax map parcel ID # 76-A-63. This tract features nicely sloped terrain with no steep areas except along the very back of the property. Elevation ranges from 1,750 ft at the lower edge along the road to 1,850 at the back of the property. There is 918 ft of road frontage on Peake Mountain Rd.  It has a culverted off highway entrance which will not conform to current VDOT specifications but it also has a VDOT approved entrance location. This tract has a 5 bedroom septic perc certification on file with the county health department. (See Documents Tab for per cert info).  Current tax assessed value would be approximately $23,200 for this tract. This property is currently in land use. If you purchase only this tract, it will no longer qualify for land use due to its size and you will be responsible to pay the roll back taxes in the amount of $791.10.

Tract #2 - is 40.246 +/- acres located at the southern end of the property. This tract is the remainder of the original 50 acre tax map parcel ID # 76-A-63. This tract features nicely sloped and rolling terrain along the road transitioning to steeper areas at the back of the property. Elevation ranges from 1,720 ft at the lower edge along the highway to 2,000 ft at the back of the property. There is 1,308 ft of road frontage on Peake Mountain Rd. It has a culverted off highway entrance which will not conform to current VDOT specifications but it also has a VDOT approved entrance location. The soil on this tract is very similar to the 10 acre tract and a perc certification should be attainable but has not been done. Shenandoah Valley Electric Cooperative lines are located on the property at the southern edge. Current tax assessed value would be approximately $92,800 for this tract. This property is currently in land use. If you purchase this tract and do not change its use you can leave it in land use. If you change the use of the property you may be liable for roll back taxes in the amount of $3,797.28.  If you purchase both tracts they can both stay in land use provided the use of the property doesn't change.

Multi-Par Bidding Format: This auction uses a multi-parcel (multi-par) format, which means tracts are offered individually or in combination.

• How it works: Once each tract has at least one bid, a combination will be opened. A combination bid must be at least one increment higher than the total of the current bids on the individual tracts.

• Combinations and Individual Tract Bids: If a combination bid is placed, you could be outbid even if no one else is bidding directly on your tract. However, if that combination is broken up by new bids on another individual tract, your original bid may become the winner again — or you can increase your bid to regain the lead.

• Bidding rules: There are no “max bids” in this format. Instead, you may bid at the next increment or enter a specific bid amount above the next increment, which will be placed immediately at that amount.

• Extended Close: If any bids are placed on any tract or combination in the last 2 minutes of the auction then bidding for all tracts and combinations will remain open for an additional 2 minutes.

In short: you can bid on single tracts or groups, combinations can shift the high bids, and you must place exact bids no max (auto) bidding.  If you have any questions about bidding please call, text, or email us.

We Guarantee A Free And Clear Title To The Property

This property is being sold subject to seller confirmation with a starting bid of $10,000 per tract. 

Property Tour Dates: Feel free to visit the property anytime during daylight hours. We ask that you do not drive on the property. We have a scheduled property tour Saturday Saturday Sept 20 at 12 Noon. If you would like an agent to show you the property at some other time or answer any questions you may have please Call Linford Berry (Auctioneer/Agent) at 540-476-3309

Property Highlights:

• Mature Hardwood  and Some Pine Trees

• Lots Of Road Frontage On Paved Road

• Abundant Wildlife

• 5 Bedroom Perc Certification On Tract 1

• VDOT Approved Entrance Locations 

• Potential For Home Building Sites on Each Tract

• Overhead Electric Lines On Tract 2 and Nearby Tract 1

• Recent Boundary Line Survey

Additional Information Can Be Found By Clicking The “Bid Online Now” Button

Do You Need Financing For This Property?  We Recommend The Following Lenders:

• Bobby Williams Or Daniel Scott - Ag Lenders F&M Bank
• First Bank and Trust - Harrisonburg
• Farm Credit Of The Virginia's

Terms and Conditions:

• WE GUARANTEE A FREE AND CLEAR DEED TO THE PROPERTY
• This property is being sold in AS-IS condition with no financing/appraisal/inspection contingencies. Bidders are strongly encouraged to inspect the property themselves and/or enlist the assistance of professional inspectors or contractors in evaluating the condition and value of the property. All inspections must be performed prior to the auction.
• Buyers Premium: There will be a 10% Buyers Premium added to the high bid to determine total contract purchase price. (For example a 100,000 bid would have a buyers premium of $10,000 added for a total purchase price of $110,000).
• Payment Terms: Payment will be in the form of Cash or Cash Equivalent with a $5,000 non-refundable deposit per tract due the day of the auction (within 24 hours for online bidders at a distance) and the balance due at closing on or before 45 days. Deposit will be applied to the purchase price at closing. Please do not bid if you are not able to close within 45 days.
• Financing can be obtained for the property, but the sale is not contingent upon obtaining financing.
• All information provided by Mountain Valley Auction Group was obtained from sources believed to be reliable but are not guaranteed. Buyer shall rely on their own information, judgment, and inspection of the property.
• View the sample purchase agreement and complete terms under the "Docs" tab or drop down menu under the photo

Note For Real Estate Agents: Preapproved (No later than 5:00 PM on September 30) buyers agent participation will be compensated. Click Here For Form

Click Here To See Property Details And Bid