Last Sold Price
1 bed1,500 sqft$367/sqft
5301 McGraw Gap Rd, Covington, VA 24426

Description

Outstanding Private location! Views from the top of the mountain! This custom built, 1 bedroom cottage with wrap around covered porch was built with the idea of a second home on this 12.5 acres site! Enjoy the gardens, fruit trees, views in all directions! House has private driveway off state paved road! Close to Homestead!Outstanding Private location! Views from the top of the mountain! This custom built, 1 bedroom cottage with wrap around covered porch was built with the idea of a second home on this 12.5 acres site! Enjoy the gardens, fruit trees, views in all directions! House has private driveway off state paved road! Close to Homestead!
LISTING CLOSED: 12/11/2024 12:00 AM

  1. Listed by KYLE T HAUSE, JR • Brokerage DRE #0226026213 • LONG & FOSTER-JAMES RIVER
    P: (757) 727-0069 C: (757) 727-0069 KYLE.HAUSE@LONGANDFOSTER.COM

Property Details for 5301 McGraw Gap Road

Status
MLS #
656916
Days on Market
37
Taxes
$3,172 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
2005
Lot Size
12.50 AC / 544,500 SF
Architectural Style
Cottage
Subdivision Name
NONE
View
Mountains
View
Yes
Waterfront
No
Zoning
AR Agricultural-Rural Res

Recent comparable sales

Median sold price

$500,000

Avg days on market

21

Sale-to-list ratio

102.2%

Covington, VA

9 comparable properties found

$445,000 | 480 Friar Tuck Circle, Covington, GA 30014
1

$445,000

Sold 06/05/26

2
Bedrooms
1,500
Square Feet
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Acres
a front view of a house with garden
1/2
2

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Sold 09/18/25

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Square Feet
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Sold 09/26/24

Unavailable
Bedrooms
2
Bathrooms
1,390
Square Feet
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Acres
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Sold 09/26/24

Unavailable
Bedrooms
2
Bathrooms
1,528
Square Feet
0.33
Acres
a view of a house with a window and wooden fence
1/22
5

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Sold 04/02/26

1
Bedrooms
1,352
Square Feet
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Acres
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$500,000

Sold 01/23/26

Unavailable
Bedrooms
2
Bathrooms
1,414
Square Feet
1.01
Acres
$450,000 | 234 South New Hampshire Street, Covington, LA 70433
1/15
7

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Sold 04/30/26

2
Bedrooms
1,482
Square Feet
0.16
Acres
$214,500 | 518 Patton Street, Covington, KY 41014
1/47
8

$214,500

Sold 06/20/25

1
Bedrooms
1,524
Square Feet
0.21
Acres
9

$513,000

Sold 06/26/26

Unavailable
Bedrooms
2
Bathrooms
1,612
Square Feet
5.31
Acres

Location

Listing Courtesy of LONG & FOSTER-JAMES RIVER, KYLE T HAUSE, JR

Sold By CLARKSON & WALLACE REAL ESTATE - WARM SPRINGS, RYAN HODGES

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Building Information for 5301 McGraw Gap Road

Stories-Year Built2005Building Size-Lot Size12.50 AC / 544,500 SF

Payment Calculator

$3,060 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,796

Property Taxes

$264

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5301 McGraw Gap Road

Summary
Location and General Information
  • Directions: From the main entrance at the Homestead, travel south on Rt 220 Sam Snead for 7.5 miles, turn left, travel up the mountain on McGraw Gap Road for 2.75 miles, home is on right.
  • Latitude: 37.874346
  • Longitude: -79.888215
  • MLS Area Major: 332 - Alleghany
  • Water Source: Private, Well
  • Year Built: 2005
Taxes and HOA
  • Association: No
  • Tax Annual Amount: $3,172
  • Tax Assessed Value: $434,500
  • Tax Legal Description: 12.511 AC LOT K1, SUBD CRESTVIEW
  • Tax Lot: K1
  • Tax Year: 2022
Parking
  • Garage: No
  • Parking Features: Circular Driveway, Driveway, Off Street, Unpaved
School Information
  • Elementary School: Mount View
  • High School: Alleghany (Alleghany)
  • Middle Or Junior School: Clifton (Alleghany)
Property
Lot Information
  • Above Grade Finished Area: 1500.0
  • Above Grade Finished Area Units: SquareFeet
  • Above Grade Unfinished Area: 0.0
  • Above Grade Unfinished Area Units: SquareFeet
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: SquareFeet
  • Below Grade Unfinished Area: 0.0
  • Below Grade Unfinished Area Units: SquareFeet
  • Building Area Source: Assessor
  • Building Area Total: 1500.0
  • Building Area Units: SquareFeet
  • Living Area: 1500.0
  • Living Area Source: Assessor
  • Lot Features: Irregular Lot, Pasture, Wooded
  • Lot Size Acres: 12.5
  • Lot Size Area: 12.511
  • Lot Size Units: Acres
  • Wooded Area: 75.0
Property and Assessments
  • Disclaimer: The offer of compensation is made only to participants of the MLS where the listing is filed.
  • Disclosures: Seller Disclosure
  • New Construction: No
  • Ownership: Individuals
  • Ownership Type: Sole Proprietor
  • Parcel Number: 01400-00-000-038E
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Detached
  • Property Type: Residential
  • Senior Community: No
  • Year Built Details: Actual
  • Zoning Description: AR Agricultural-Rural Residential
Farm Information
  • Pasture Area: 25.0
Utilities
  • Sewer: ConventionalSewer
  • Utilities: Other
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Construction Materials: BoardAndBattenSiding, StickBuilt
  • Exterior Features: Storage
  • Foundation Details: Slab
  • Horse: Yes
  • Other Structures: Shed(s)
  • Patio And Porch Features: FrontPorch, Patio, Porch
  • Roof: Architectural
Interior Features
  • Basement: No
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 1
  • Cooling: CentralAir
  • Cooling: Yes
  • Flooring: Carpet, CeramicTile, Laminate
  • Heating: HeatPump
  • Heating: Yes
  • Interior Features: EntranceFoyer, EatInKitchen
  • Laundry Features: WasherHookup, DryerHookup
  • Levels: OneAndOneHalf
  • Main Level Bathrooms: 0
  • Main Level Bedrooms: 0
  • Rooms Total: 5
  • Room Type: Bathroom, Bedroom, DiningRoom, EatInKitchen, FullBath, Foyer, Kitchen, LivingRoom
  • Stories: 2
  • Stories Total: 2
  • Window Features: InsulatedWindows
  • Appliances: Dishwasher, ElectricRange, Microwave, Refrigerator
Room Information
Room Information
  • Human Modified: No
Room 1
  • Room Level: First
  • Room Type: Kitchen
Room 2
  • Room Level: First
  • Room Type: DiningRoom
Room 3
  • Room Level: First
  • Room Type: LivingRoom
Room 4
  • Room Level: Second
  • Room Type: Bedroom
Rental
Rent Information
  • Lease Considered: No

Property History for 5301 McGraw Gap Road

DateEvent & SourcePriceAppreciation
Dec 11, 2024

Sold

CBRAR #2424384

$550,000
Dec 11, 2024

Sold

CAAR #656916

$550,000
Oct 30, 2024

Pending

CBRAR #2424384

DateEvent & SourcePrice
12/11/2024

Sold

CBRAR #2424384

$550,000
12/11/2024

Sold

CAAR #656916

$550,000
10/30/2024

Pending

CBRAR #2424384

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

Public Records for 5301 McGraw Gap Road

Taxable ValueLand$340,100Additions$218,400Total$558,500
Tax Record2025$2,737 ($228 / month)
Home Facts
Beds1Baths1Total Finished SqFt1,500 SqFtAbove Grade Finished SqFt1,500 SqFtStories2Lot Size544,979 SqFtStyleSingle Family ResidenceYear Built2005Year Renovated2017ZoningARCountyALLEGHANYAPN01400-00-000-038E

Schools near 5301 McGraw Gap Road

This home is within Alleghany County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Mountain View Elementary School
PublicPK to 5

Clifton Middle School
Public6 to 8

Alleghany High School
Public9 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: 5301 McGraw Gap Road, Covington, VA 24426
$550,000
1
1,500
544,500
4
2,883
14,923,220
3
2,661
554,040
4
3
2,866
871,200
3
3
1,490
647,824
4
4
3,463
37,360,715

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 LONG & FOSTER-JAMES RIVER, KYLE T HAUSE, JR

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.