Warren Klutz & Co.

1241 Volunteer Parkway, Suite 426

Bristol, Tennessee 37620

email: warren@warrenklutz.org

www.warrenklutz.com

phone: 423-968-4546

View of Tract 2 from Powell Valley Road

Movie clip with view

of land behind 

residence on 

Tract No. 1

Movie clip with view

of land on 

Tract No. 3 from

Back Valley Rd.

Movie clip with view

of land on 

Tract No. 5 from

Back Valley Rd.

Auction Location Map.

Overview of Locations of Tracts 

PDF of plats are located after the descriptions below. 

Tract #1: Former home of Woodrow Franklin at 5300 Powell Valley Road containing 49.8 +/- acres of level to gentle rolling land adjoining the Lonesome Pine Country Club.  Improvements consist of a one-story brick ranch featuring hardwood floors, 3 bedrooms, 2 ½ baths, sunroom, 2-car garage, paved circular driveway, public water, and septic system.  Other improvements include an 81’ X 35’ barn and a 70’ X 21’ equipment shed. 

 

Tract #2: Corner tract containing 32.058 +/- acres of level land fronting Powell Valley Road and Back Valley Road.

 

Tract #3: 103.78 +/- acres of rolling pastureland fronting Back Valley Road with pond, creek, silos, and shed. Property sold subject to cell tower lease and a 30’ easement to cell tower and a life estate on 0.47 +/- acre improved with home in the northwest corner of the property. 

 

Tract #4: 38.91 +/- acres of rolling pastureland fronting Back Valley Road with creek.

 

Tract #5: 102.37 +/- acres of rolling pastureland, pond, creek, and barn located on Back Valley Road

 

Tract # 6 & 7:  33.647 +/- acres on Powell Valley Road across from Tract #1 to be divided.

 

Sale will be held RAIN or SHINE under our tent on Tract #1

 

Directions: Between Norton and Big Stone Gap, turn off Orby Cantrell Hwy. (Hwy. 23) onto Powell Valley Road.  Follow Powell Valley Road for 4.2 miles to 5300 Powell Valley Road next to Lonesome Pine Country Club where the auction will be held. 

 

Seller Terms: 10% down day of sale with 15% additional down due at closing.  Buyer to sign note secured by deed of trust for 75% with 3 equal annual principal payments plus 5% interest on the unpaid balance.  Alternatively, buyer may pay cash or seek their own financing. 

 

Auction Terms: 10% down day of sale.  A 10% buyer’s premium will be added to winning bids to determine the sale price.  Tracts will be offered separately and then grouped with a 5% increase.

 

Lead Base Paint: Home was built prior to 1978 and may contain lead base paint.  Buyer will sign a lead base paint disclaimer.

 

Open House: Held Sunday, July 21st between 2:00 and 4:00 P.M.

 

Sold for owner by:

 

Warren Klutz & Company                                                 Larry L. Hines Land & Auction

423-956-0777                                        and                       276-645-3755

VAL 2905000953                                                              VAL 2905001230

Suvey Plats - Click on PDFs Below

Tract 1
Tract 2
Tract 3
Tract 4
Tract 5
Tracts 6 & 7
AUCTION SALE

              Saturday, May 5th

              10:00 am

912 Paperville Rd.

Bristol, Tennessee

Sale conducted on site

Property Details
  • 49.6+/- Acres Farm
  • Zoned R-1
  • Spring
  • Creek
  • Home & Barn
  • Borders Bristol, TN City Limits

SOLD!

TN Auction Firm Lic. No. 1224

TN Auctioneer Lic. No. 1516

VA Auctioneer Lic. No. 2905000953

ANOTHER AUCTION SALE
COMING SOON!

Watch for the next auction to be announced soon.

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