256&205 Covered Bridge Trl
Fancy Gap, VA 24328
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About This Property
This 0.4996 acre wooded homesite offers a great opportunity to build in a well established mountain community while enjoying privacy and a peaceful natural setting. Ideal for a single residence, the property provides a manageable footprint with the charm and character of the surrounding Blue Ridge landscape. Scenic views can be enjoyed as you travel to and from the property, adding to the overall mountain experience. The seller will have a water line run to the property line from a shared well, providing valuable utility access for future development. The seller is also offering owner financing options to qualified buyers, including a 2 year term at 0 percent interest, a 5 year term at 5 percent interest, and an 8 year term at 8 percent interest, each requiring a substantial down payment. Property owners enjoy access to 4 well maintained common areas throughout the community, including 2 private fishing ponds, a scenic picnic shelter with an incredible 60 mile view, and a covered bridge with a picnic shelter. Light restrictions are in place to help protect property values, and campers and mobile homes are not permitted. Located just 2 miles from the Blue Ridge Parkway, the property offers convenient access to outdoor recreation while maintaining a quiet mountain setting. It is situated within 20 minutes of local shopping, 28 minutes to Mount Airy North Carolina, approximately 1 hour to Winston Salem, about 1 hour and 15 minutes to Blacksburg, 90 minutes to Greensboro, and under 2 hours to Charlotte. This homesite offers a strong combination of value, location, and privacy, making it a great option for a mountain retreat, full time residence, or investment opportunity.
Property Details
Property Type
Land
HOA
None
Listed Price
$17,500
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in Fancy Gap
What is owner financing for 256&205 Covered Bridge Trl?
Owner financing means the seller of 256&205 Covered Bridge Trl acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Fancy Gap, VA is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this Fancy Gap home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Fancy Gap property.