5174 Ritchie Road, Midland, VA  22728

Southern Fauquier County 

HOME INFORMATION:

Partially finished +/- 5,800 sq. ft. luxury style single family home, (5) Bedrooms, (5 1/2 ) Bathrooms, (3) Fireplaces, Living room, Family room, Sun room, Office, and Three car garage on +/- 10 acres.  This home was to be the model home for The Paddocks at Kastle Greens development and is presently situated on a 17 +/- (2) acre lot cluster housing development.   

NEIGHBORHOOD:

Rural

TAX MAP & PROPERTY CLASS:

7/808-54-7177, R-A Agricultural-Rural.  

PHOTOGRAPHS:

Proposed Paddocks at Kastle Green Plot Map

Elevation Back of Lot 1 – Model Home

1^st Floor Plans Lot 1 – Model Home

                                     2^nd Floor Plans Lot 1 – Model Home

Steeped in equestrian tradition, and surrounded by wineries and vineyards, today Fauquier County is known for being at the heart of hunt and wine country. Famous for its horse farms and beautiful rolling land at the foothills of the Blue Ridge Mountains, Fauquier offers contrast as both a natural haven and gateway to bustling Northern Virginia and the D.C. Metropolitan Area

Quaint historic towns and villages, museums, beautiful rolling hills at the foothills of the Blue Ridge Mountains, private bed and breakfasts, spas, quiet country inns, sixteen area wineries and vineyards, traditional and boutique farm tours, and many outdoor activities including trails and bicycling, hiking and horseback riding, canoeing, fishing, and unique shops and restaurants.

On the fringe of the Washington, D.C. metropolitan area, Fauquier has managed to maintain its small-town feel and pristine countryside, with a sophistication influenced by its location.

LOCATION DESCRIPTION
A unique county, Fauquier is located in north-central Virginia, only 40 miles from Washington, D.C.; 95 miles northwest of Richmond; and 188 miles northwest of Norfolk.

Fauquier County consists of 651 square miles, is bounded to the west by Culpeper and Rappahannock counties, to the south by Stafford County, to the north by Loudoun, Warren, and Clarke counties, and to the east by Prince William County.

Fauquier County is part of the Washington-Arlington-Alexandria Metropolitan Statistical Area (MSA), and Interstate 66 provides a direct link to the nearby Washington, D.C. metropolitan area.

Accessibility - Efficient road access in all directions, including Interstate 66 and U.S. highways 15, 17, 29 and 211, which provide the opportunity for a "reverse commute."

Workforce - The County is located in Northern Virginia, providing access to one of the most highly educated and largest workforces in the nation. In addition, 62.7% of the County's population alone is between the ages of 18-64.

Business Support - The business environment within Fauquier County has seen a drastic change within the past few years. A primary goal of the County and its supporting government agencies is attracting new businesses, and providing support to existing businesses.

Lower Cost of Living - In 2000, the U.S. Census reflected an increase of over 13% in the County's population from 1990. This percentage has only increased with the recent boom in residential development within the county. The majority of new residents within the County are former residents of the Washington, D.C. suburbs who have moved to Fauquier to enjoy the lower cost of living offered here.

Directions:

From Northern VA Area:
Take I-66 West to Exit 44 (Rt 234 South) Go South 5 miles, right onto Rt. 28 South. Go South 15 miles, left onto Rt 610 (Midland Rd.) Go .2 miles, right onto Rt. 602 (Rogues Rd.) Go 2.5 miles, Right into Kastle Greens entrance

From Warrenton Area:
From town of Warrenton, take Rt. 643 (Meitze Rd). Go South 9 miles, Right onto Rt. 28 South. Go South 4 miles, Left onto Rt. 610 (Midland Rd). Go .2 miles, Right onto Rt. 602 (Rogues Rd.). Go 2.5 miles, Right into Kastle Greens entrance

From Fredericksburg and points South:
Take Interstate 95 North to Rt. 17 North Exit. Go North 20 miles, Right onto Rt. 644 (Ritchie Rd). Go 2 miles, left onto Rt. 602 (Rogues Rd). Go 1 mile, left into Kastle Greens entrance

Rail:

Virginia Railway Express-Monday through Friday, commuter trains into D.C. area.  Nearest stop Broad Run Airport in Bristow, VA. 46.44 miles (approximately 1 hour).

Commercial Airport: Washington Dulles International Airport, 1 Saarinen Circle Dulles, VA, 40.79 miles (approximately 1 hour).

National parks

Antietam National Battlefield

Appalachian National Scenic Trail

Chesapeake and Ohio Canal National Historical Park

State parks

Fort Frederick State Park

Fort Tonoloway State Park

Gathland State Park

Greenbrier State Park

South Mountain State Park

Washington Monument State Park

Lot 1 – Model Home, 5174 Ritchie Road, Midland, VA 22728

Bids Due by Friday, May 30, 2008. 3 pm EDT

TERMS AND CONDITIONS OF SALE

1.     These Terms and Conditions apply to the three Sealed Bid Packages known as (1) Kastle Greens Golf Course; (2) The Paddocks at Kastle Greens; (3) Lot 1 & Model Home.  Separate bids are required on each package.

2.     A deposit check of $50,000 for each package must be enclosed with your bid form. Company checks acceptable (no personal checks). The high bidder’s checks will be deposited in the American escrow account pending settlement.  Unsuccessful bidder’s checks will be returned.

3.     Settlement will take place on Monday, June 30, 2008 or sooner, TIME IS OF THE ESSENCE. Settlement will take place at the law office of Ray W. King, LeClairRyan, 999 Waterside Drive, Suite 2525, Norfolk, VA, 23510. Real property will be  conveyed to purchaser by Special Warranty Deed and the related personal property by non-warranty Bill of Sale, free and clear of all encumbrances, tenancies, liens (for tax and otherwise), except as may be otherwise provided herein, but subject to applicable restrictive covenants and utility easements of record.

4.     All costs of the conveyance, examination of title, recording charges, notary fees, settlement fees, including preparation of deed and grantor’s tax thereon, etc., to be at the cost of the purchaser.

5.     Seller reserves the right to cancel the sale, accept or reject any or all bids, extend the bid date, counteroffer any or all bids, or accept an early bid prior to the seal bid close date.

6.     Should the high bidder not settle on the balance of the purchase on the stipulated date, then he/she is in default and will forfeit the deposit (unless other arrangements have been made and accepted in writing).

7.     All items sold “As-is, Where-is.”  The information contained herein has been obtained from sources believed to be reasonably reliable.  American believes that each item has been carefully and accurately described, however, American and Secured Creditor make no warranties, either expressed or implied, or guarantees the accuracy of the information in this offering, or to the merchantability, correctness, description, fitness or condition of the items.

8.     Bidders shall have examined all property and perform such tests and due diligence as he/she deems necessary and appropriate before submitting bids.

9.     Buyer hereby indemnifies and holds harmless American, Secured Creditor and Seller, from any and all damages, claims or liabilities from any injuries caused to persons or property during inspection or any other time during the conduct of the sale.

10.  By Bidding in this Sealed Bid Sale, you agree to abide by these terms as well as any others announced by the American.

Conveyance will be by Sellers without covenant or warranty. The information contained herein has been obtained from sources believed to be reasonably reliable. Though the auctioneer and the Seller believe that the real estate has been carefully and accurately described, the auctioneer and Seller make no warranties, either expressed or implied, or guarantee the accuracy of the information in this offering or the merchantability, correctness, description, environmental matters, zoning, fitness, or condition of the real estate.