Sold
Last Sold Price
5,287,748 Lot Size121.39 Acres
5020 Peaceful Valley Rd, New Castle, VA 24127
LandProperty Type
121.39 acresLot Size

Description

This property and ALL that it contains has very few comparisons. It has immediate access from the maintained county road, and the subject property is surrounded by the National Forest. Just steps from the newly renovated cabin, you will find ¾ of a mile of Barbours Creek (well known for its trout fishing), to which you will have private access as it flows through the subject property. Basically, every square inch of this property is usable and lays very favorably for foot travel and recreational...This property and ALL that it contains has very few comparisons. It has immediate access from the maintained county road, and the subject property is surrounded by the National Forest. Just steps from the newly renovated cabin, you will find ¾ of a mile of Barbours Creek (well known for its trout fishing), to which you will have private access as it flows through the subject property. Basically, every square inch of this property is usable and lays very favorably for foot travel and recreational vehicles. The four open fields on this property that are surrounded by mature timber really create an outdoor paradise for both you and the abundant wildlife. Thousands of acres of national forest surround your privacy which gives you the addit peace of mind that nothing will be developed.
  • Listed by: JEFFREY PHILLIPS • WHITETAIL PROPERTIES REAL ESTATE LLC
Listing closed: 12/02/2022 12:00 AM • Source: Roanoke Valley Association of REALTORS, MLS#: 894396

Recent comparable sales

Median sold price

$52,300

Avg days on market

92

Sale-to-list ratio

87.5%

New Castle, VA

9 comparable properties found

a view of a tree in a yard and a chair
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1

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Unavailable
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Bathrooms
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Square Feet
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Square Feet
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$59,900 | 364 Oak Lane, New Castle, VA 24127
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$59,900

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$52,300 | 0 Cumberland Gap Road, New Castle, VA 24127
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$48,000 | 12 Cumberland Gap Road, New Castle, VA 24127
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$31,000 | Lot 5 Galax Road, New Castle, VA 24127
1/3
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Sold 08/22/25

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a backyard of a house with lots of green space and fog
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Unavailable
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Bathrooms
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Square Feet
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a view of yard with trees
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Sold 12/06/24

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Bedrooms
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Bathrooms
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Square Feet
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Acres
$190,000 | 0 Mountain Acres Circle, New Castle, VA 24127
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Sold 07/02/25

Unavailable
Bedrooms
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Bathrooms
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Location

Listing Courtesy of WHITETAIL PROPERTIES REAL ESTATE LLC, JEFFREY PHILLIPS

Sold By WHITETAIL PROPERTIES REAL ESTATE LLC, JEFFREY PHILLIPS

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Payment Calculator

$4,250 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,066

Property Taxes

$184

HOA Dues

$0

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Property Information for 5020 Peaceful Valley Road

Property Details
  • Taxes: $2,209 / year
  • MLS Type: Land
  • County: Craig County
  • View: Mountain(s)
  • Subdivision Name: NA
Building Information
  • Lot Size: 121.39 AC
Summary
Location and General Information
  • Directions: Plug in 5020 Peaceful Valley Road and as you approach you will see the cabin along the road. Private gate with combo lock on it.
  • MLS Area Major: 0800 - Craig County
  • City: New Castle
  • State Or Province: VA
  • Postal Code: 24127
  • County Or Parish: Craig County
  • MLS Area Minor: 0800 - Craig County
  • General Property Description - Water Class: N/A
  • Misc Features - Stream: Yes
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 35 A 65
  • Tax Block: na
  • Tax Lot: na
  • Tax Tract Or Section: na
  • Tax Amount: $2,209
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $2,209
  • Location Legal Taxes - Section: na
  • Location Legal Taxes - POA YN: No
School Information
  • Elementary School: Other - See Remarks
  • Middle Or Junior School: Other - See Remarks
  • High School: Other - See Remarks
Parking
  • Garage: Yes
Property
Lot Information
  • Lot Size Acres: 121.39
  • Lot Size Area: 121.39
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5287748.4
  • General Property Description - Total Acreage: 121.39
  • General Property Description - Manufactured Allowed: Yes
  • Land Description - Level: Yes
  • Land Description - Gentle Slope: Yes
  • Property Description - Paved Road2: Yes
  • Property Description - Wooded2: Yes
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: Land
  • General Property Description - Land Sub - Type: Developed
  • Property Type Label: Land
  • Documents Available - Easement: Yes
Utilities
  • Sewer: Private Septic
  • Water Description - Private Well: Yes
  • Internet Access - Undetermined: Yes
Interior and Exterior Features
Interior Features
  • Electric: Above Ground
  • Gas: None Available
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0

Property History for 5020 Peaceful Valley Road

DateEvent & SourcePriceAppreciation
Dec 2, 2022

Sold

Roanoke Valley Association of REALTORS #894396

$800,000
Nov 21, 2022

Pending

Roanoke Valley Association of REALTORS #894396

Nov 15, 2022

Listed (Active)

Roanoke Valley Association of REALTORS #894396

$850,000
DateEvent & SourcePrice
12/02/2022

Sold

Roanoke Valley Association of REALTORS #894396

$800,000
11/21/2022

Pending

Roanoke Valley Association of REALTORS #894396

11/15/2022

Listed (Active)

Roanoke Valley Association of REALTORS #894396

$850,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 5020 Peaceful Valley Road

This home is within Craig County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Rating
School
Distance
McCleary Elementary School
PublicPK to 5

Craig County High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5020 Peaceful Valley Road, New Castle, VA 24127
$800,000
5,287,748
$395,000
2
1,350
1,312,898
$237,000
3
1,535
158,994
$55,500
403,801
$210,500
3
1,341
428,194

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WHITETAIL PROPERTIES REAL ESTATE LLC, JEFFREY PHILLIPS

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.