Wednesday, March 2, 2011

Huge Sale of SML Rec Land Scheduled

Jim Woltz (right) will conduct the sale.>

Twenty-five waterfront lots on Smith Mountain Lake, in addition to 164 acres of prime recreational land, will be sold at absolute auction on Saturday, April 9, with Woltz & Associates marketing the properties and managing the sale.

Each of the 25 lots, located in Waterside on Smith Mountain Lake, features water frontage and will sell to the highest bidder, regardless of price.

“This is a perfect opportunity for someone who has always wanted a home on the lake, either for a permanent residence or a vacation home in one of Smith Mountain Lake's nicest lakefront communities,” says Jim Woltz, president of the auction company. “This is premium lakefront and recreational property selling absolute, which means it will sell to the highest bidder regardless of price. And that can translate into the opportunity of a lifetime for a smart bidder.”

In addition to the lakefront lots, 164 acres of recreational land will sell in five tracts, all absolute. The land has excellent timber strands, creeks and views along the Roanoke River arm of Smith Mountain Lake. And because the waterfront lots adjoin the recreational land, bidders may combine their purchase of home sites with recreational land to form their own unique property.

"Imagine having your lakefront home with the shoreline as your front door and a 164-acre playground out back," said Woltz. “This auction is unique because it’s essentially combining two sales – home sites and land,” said Woltz. “And that diversity gives buyers some great choices – they could purchase one lot for a single family home with water frontage and gorgeous views, or they could obtain multiple lots and adjoining recreational land for a hunting and fishing getaway.”

For further information call (800) 551-3588 or visit

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