12,763 SQ FT OF WATERFRONT PROPERTY IN MORGAN COUNTY, WV

See Property Details Below

Situated in Morgan County, this lot is located right on the Cacapon River. The area offers natural beauty and a quality of life “that will make visitors want to stay forever.

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” – Franklin D. Roosevelt, U.S. president

Our understanding is that the property has legal access via Walnut Street, which is not a developed road. Please note that we have been getting complaints from the neighbors that visitors have been using their private driveway to access the property. Please give us a call before you try to visit the property. 

Based on our understanding, the correct way to access the lot is as shown below.

The lot has deeded access to the Cacapon River.

The property is about 15 minutes to Green Ridge State Forest, 40 minutes to Ice Mountain, and about 2 hours and 15 minutes to Washington DC,  Baltimore, and Harrisburg. There are many recreational opportunities in the area, including fishing and huntinghiking and camping.

“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” – Andrew Carnegie, billionaire industrialist

According to our research, there is no zoning in Morgan County. Please note that, given the proximity to the river, this property is likely not buildable and would be best used as a recreational property. It is in the AE – Regulated Floodway zone.

CASH DISCOUNT PURCHASE PRICE $6,999 + $395 DOCUMENT FEE

We accept personal checks, cashier’s checks, money orders and Zelle.

SELLER FINANCING AVAILABLE

$1 down with a $299 document fee and $199 per month for 53 months at 0% APR. No prepayment penalty. No credit checks. 

HOLD PRICE $25

For $25 we can hold the property for you for 72 hours while you decide whether you want to purchase. If you buy the property, this will count toward the purchase price.

TITLE AND USE

What you can or cannot legally do on the land is controlled by the local government, not by us or any seller. Please contact the county, providing them with the parcel number, to confirm zoning, access, and available utilities.

ABOUT MORGAN COUNTY AND THE EASTERN PANHANDLE

According to WVExplorer.com, “The Eastern Panhandle Region of eastern West Virginia spans a landscape of broad valleys drained by the PotomacCacapon, and Shenandoah rivers and bounded on the east by the Blue Ridge. It has historically been a vacation destination. The nation’s first public baths were established here at Bath, or Berkeley Springs. Horse racing, near Charles Town, and heritage tourism are principal attractions in the panhandle. The national historical park at Harpers Ferry, and the Antietam National Battlefield, near Shepherdstown, attracts thousands of visitors annually. The region is often referred to as a bedroom community of the Washington, D.C., area. Tourism and agriculture are primary industries.”

LOT DETAILS

APN: 33-04-041B-0012-0000

GPS Boundary Coordinates (appox.): 39.4960479369281,-78.382097770366 ;39.4961199991209,-78.3822475995716 ;39.4956895729924,-78.3825948053491 ;39.4956265645574,-78.3824376754035 

 TAXES ARE PAID AND CURRENT

Annual taxes are $88.66. Taxes have been paid through 2019 and no back taxes are owed.

“Buy on the fringe and wait. Buy land near a growing city! Buy real estate when other people want to sell. Hold what you buy!” – John Jacob Astor, real estate and business mogul

FREQUENTLY ASKED QUESTIONS

Are there any improvements on the lot? No, the lot is vacant. 

What utilities are available?  Water and sewer would need to be a well and septic system. Usually, a minimum of two acres is needed for a septic system, but the two acre minimum is waived for subdivisions created before 2008, such as this one.

Can you build on the property? Please contact Morgan County for more information on obtaining a building permit. Based on our research, we believe it would be hard to build on the lot given its size and proximity to the river, but the lot would make a nice camping spot.

What kind of deed will I receive? You will receive a special warranty deed, which means the seller is guaranteeing that the property wasn’t encumbered during the time of his/her ownership.

How many people can be included on the deed? You can have as many people listed on the deed as you would like.

Can the deed be made out to an LLC? Yes, the deed can be made out to an LLC or corporation.

Does the property come with mineral rights? We buy all of our properties assuming that we only have the surface rights. In order to determine whether a particular property has mineral rights, you will usually need to hire a title company to run a mineral rights search going all the way back to the original homestead.

“Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” – Marshall Field, entrepreneur

FINAL NOTE

We completed an extensive due diligence process on this lot, but we recommend you do your own research as well. Take the time to get to know your new property before purchasing – it could remain in your family for generations!

“Buy land, they’re not making it anymore.” – Mark Twain, writer and humorist

Our mission is to offer high quality properties at reasonable prices, provide maximum transparency and always strive to do the right thing.

If you are interested in land investing, you can check out our article on How to Get Started in Land Investing.

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