Henrico Single-Level End-Unit Townhome Real Estate Auction | 12308 California Dr | Opening Bid Only $250,000

Timed auction by Grindstaff's Auction Marketing Group LLC

Starts May 26, 2026 12:00 AM EDT. Ends Jun 15, 2026 12:00 PM EDT

Henrico Townhome Real Estate Auction Rare opportunity to bid on a desirable single-level end-unit home in Henrico’s established Olde Gayton North community with No HOA fees. This well-maintained townhome-style residence offers convenient one-story living with 3 bedrooms, 2 full baths, attached garage, fireplace, and deck. 12308 California Drive, Henrico, VA ONLINE ONLY REAL ESTATE AUCTION Opening Bid Only: $250,000 Opportunity knocks in Henrico’s sought-after West End. Grindstaff’s Auction Marketing Group is pleased to present this online-only real estate auction featuring a well-located single-level end-unit townhome in the established Olde Gayton North community. This attractive one-level townhome offers approximately 1,466± finished square feet with a practical and comfortable layout featuring: 3 Bedrooms 2 Full Bathrooms End-unit location 1-car attached garage Fireplace Covered front porch Private deck One-level living design Convenient Henrico County location near shopping, dining, healthcare, and commuter routes Henrico County’s 2026 assessment reflects a total assessed value of $353,200.00. Open House Dates Saturday, June 6th | 12:00 PM–2:00 PM Saturday, June 13th | 12:00 PM–2:00 PM Auction Ends Monday, June 15th at 12:00 Noon Real Estate Auction Terms (See Terms Tab for full Terms) Opening Bid The opening bid is $250,000.00. Buyer’s Premium A 10% buyer’s premium will be added to the high bid to determine the final contract purchase price. Deposit A $10,000.00 non-refundable earnest money deposit is due immediately upon seller confirmation of the winning bid. Deposit must be made by: Cashier’s check Certified funds Wire transfer Online winning bidders must execute contract documents and submit deposit within 24 hours unless prior arrangements are approved. Closing Closing shall occur on or before 30 days from contract execution, unless otherwise agreed. Property Condition Property sells AS-IS, WHERE-IS, with no contingencies for financing, appraisal, or inspections. Broker Participation Pre-approved cooperating brokers are welcome. Broker registration deadline: 5:00 PM the day before auction close Qualified brokers receive 20% of the buyer’s premium upon successful closing. Seller Confirmation Property sells subject to seller confirmation unless otherwise announced. Pre-Auction Offers Encouraged Pre-auction offers will be presented to the seller for consideration. Seller reserves the right to accept an offer prior to the auction close. Buyers are encouraged to submit their strongest offer early, as the auction may end prior to the scheduled closing date if an acceptable offer is received.

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