Active
455,202 Lot Size10.45 Acres
534 S Reservoir Rd, New Castle, VA 24127
Est: $1,621/moGet pre-approved
LandProperty Type
10.45 acresLot Size

Description

Secluded New Castle Cabin With Lake Access And 10.45± Wooded Acres
Escape to the mountains of Craig County with this private cabin situated on 10.45± wooded acres in New Castle, Virginia. Surrounded by mature woods and peaceful mountain scenery, this property offers a great combination of recreation, privacy and comfortable cabin living. Built in 1993, the 740± square-foot cabin features a one-bedroom layout with a loft, vaulted ceiling and wood stove that gives the interior a warm, rustic feel. A
...Secluded New Castle Cabin With Lake Access And 10.45± Wooded Acres

Escape to the mountains of Craig County with this private cabin situated on 10.45± wooded acres in New Castle, Virginia. Surrounded by mature woods and peaceful mountain scenery, this property offers a great combination of recreation, privacy and comfortable cabin living. Built in 1993, the 740± square-foot cabin features a one-bedroom layout with a loft, vaulted ceiling and wood stove that gives the interior a warm, rustic feel. A screened porch provides a relaxing place to enjoy the quiet surroundings and views toward the nearby common-use lake. The property is equipped with electricity, solar, private well and septic, providing the essentials for extended stays or year-round enjoyment. A storage shed offers additional space for outdoor equipment, tools and recreational gear. One of the standout features of the property is access to the common-use lake with riparian rights, offering another recreational element just steps from the cabin. The surrounding 10.45± acres are predominantly wooded, creating excellent privacy and plenty of room to explore. Located in the mountains of Craig County near New Castle, this property could make an ideal full-time residence, weekend retreat, recreational getaway or hunting base camp. Property Highlights: 10.45± wooded acres • 740± sq. ft. cabin • 1 bedroom plus loft • common-use lake access • riparian rights • solar • electricity • private well • septic • screened porch • vaulted ceiling • wood stove • storage shed • built in 1993

1 hour from Roanoke
20 min to Blacksburg
20 min to New Castle downtown

Being sold ''as is''
3 days on Market
  • Listed by: JEFFREY PHILLIPS • WHITETAIL PROPERTIES REAL ESTATE LLC
Last updated: 09/30/2026 01:15 PM • Source: Roanoke Valley Association of REALTORS, MLS#: 931869

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Location

Listing Courtesy of WHITETAIL PROPERTIES REAL ESTATE LLC, JEFFREY PHILLIPS
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$1,621 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,543

Property Taxes

$78

HOA Dues

$0

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Property Information for 534 South Reservoir Road

Property Details
  • Taxes: $935 / year
  • MLS Type: Land / Land (Acreage)
  • County: Craig County
  • View: Lake
  • Zoning: A-1
  • Water Front: Yes
  • Water Body Name: River or Other
Building Information
  • Lot Size: 10.45 AC
Summary
Location and General Information
  • Directions: 534 South Resevoir Rd, New Castle Va 24127
  • 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: Waterfront Property
  • Water Access Only A - Access - OnOff Site: Access - On Site
  • General Property Description - Length of Waterfront: 50.0
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 79-2-48, 79-2-47
  • Tax Block: na
  • Tax Lot: na
  • Tax Tract Or Section: na
  • Tax Amount: $935
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $935
  • Location Legal Taxes - Section: na
  • Location Legal Taxes - POA YN: No
School Information
  • Elementary School: Mccleary
  • Middle Or Junior School: Craig County Middle
  • High School: Craig County
Property
Lot Information
  • Lot Size Acres: 10.45
  • Lot Size Area: 10.45
  • Lot Size Dimensions: na
  • Lot Size Units: Acres
  • Lot Size Square Feet: 455202.0
  • General Property Description - Total Acreage: 10.45
  • General Property Description - Manufactured Allowed: Yes
  • Land Description - Level: Yes
  • Land Description - Gentle Slope: Yes
  • Property Description - Secluded2: Yes
  • Property Description - Wooded2: Yes
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: Land
  • Property Sub Type: Land (Acreage)
  • General Property Description - Land Sub - Type: Residential - Single Family
  • Property Type Label: Land
Utilities
  • General Property Description - Water ID: River or Other
  • Sewer: Private Septic
  • Misc Features - Underground Util: Yes
  • Water Description - Private Well: Yes
  • Internet Access - Undetermined: Yes
Interior and Exterior Features
Exterior Features
  • Bldgs on Property - See Remarks: Yes
Interior Features
  • Electric: Below Ground
  • Gas: Propane
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0

Property History for 534 South Reservoir Road

DateEvent & SourcePriceAppreciation
Sep 30, 2026

Listed (Active)

Roanoke Valley Association of REALTORS #931869

$289,000—
DateEvent & SourcePrice
09/30/2026

Listed (Active)

Roanoke Valley Association of REALTORS #931869

$289,000

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

Schools near 534 South Reservoir 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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534 South Reservoir Road is a 10.45 ac of land for sale in New Castle, VA 24127. This property was listed for sale on September 30, 2026 by WHITETAIL PROPERTIES REAL ESTATE LLC, it's currently listed at $289,000. This listing's school district is Craig County Public Schools. Nearby schools include McCleary Elementary School and Craig County High School. 534 South Reservoir Road is a 0-bed, 0-bath 10.45 ac of land on a 455,202 sq. ft. / 10.45 acres lot.

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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.