Active
4 beds2,737 sqft
5423 Indian Draft Rd, Covington, VA 24426
Est: $589/moGet pre-approved
Single FamilyProperty Type
22 acresLot Size
1946Year Built
$36/sq ftPrice per sq ft
4 carsParking Spaces

Description

Escape to your own PRIVATE MOUNTAIN PARADISE in Western Alleghany County! This remarkable 22-acre wooded property offers the perfect blend of natural beauty, outdoor adventure, and investment potential; located just minutes from the world-renowned GREENBRIER RESORT and LAKE MOOMAW. The acreage features stunning mature trees and beautiful topography, making it an absolute haven for hunting, fishing, and all types of outdoor recreation. A standout feature of this property is the ELEVATED BUILDING SITE,...Escape to your own PRIVATE MOUNTAIN PARADISE in Western Alleghany County! This remarkable 22-acre wooded property offers the perfect blend of natural beauty, outdoor adventure, and investment potential; located just minutes from the world-renowned GREENBRIER RESORT and LAKE MOOMAW. The acreage features stunning mature trees and beautiful topography, making it an absolute haven for hunting, fishing, and all types of outdoor recreation. A standout feature of this property is the ELEVATED BUILDING SITE, offering the perfect canvas to design and build your custom dream home surrounded by nature. Moreover, there's a stream running through the property near the existing home, that presents a perfect space to build a nice fishpond. The property currently features an existing 1,564 sq ft frame house. While the home needs some TLC, it presents an incredible opportunity. You can renovate it to use as a guest house, a dedicated hunting cabin, or generate secondary rental income while building your main residence. Whether you are looking for a permanent homestead, a weekend retreat, or a savvy investment with endless recreational possibilities, this Western Alleghany gem is a rare find. Schedule your tour today and bring your vision to life! This parcel is owned by a Licensed Real Estate Broker. The schools include: Callaghan Elementary School, Covington Middle School and Alleghany High School.
1 day on Market
  • Listed by: MONTY BOWMAN • HIGHLANDS REALTY & ASSOCIATES LLC
Last updated: 10/01/2026 03:10 PM • Source: Roanoke Valley Association of REALTORS, MLS#: 931928

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Location

Listing Courtesy of HIGHLANDS REALTY & ASSOCIATES LLC, MONTY BOWMAN
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Payment Calculator

$589 per month

30 year fixed, 7.03% Interest

Principal and Interest

$531

Property Taxes

$58

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5423 Indian Draft Road

Property Details
  • Taxes: $690 / year
  • MLS Type: Residential / Single Family Residence
  • Zoning: AR
  • Open Parking Spaces: 2.0
  • Covered Spaces: 2.0
Building Information
  • Year Built: 1946
  • Lot Size: 22.00 AC / 958,320 SF
Summary
Location and General Information
  • Directions: From Exit 10, I-64 turn left. Follow US 60 past the Marathon and bare right. Turn right on Indian Draft Rd. The parcel is approximately 2.5 miles on your right.
  • MLS Area Major: 2700 - Alleghany County
  • City: Covington
  • State Or Province: VA
  • Postal Code: 24426
  • County Or Parish: Alleghany County
  • MLS Area Minor: 2700 - Alleghany County
  • General Property Description - Water Class: N/A
  • Misc Features - Stream: Yes
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 02200-00-000-0390
  • Tax Block: N/A
  • Tax Lot: N/A
  • Tax Tract Or Section: N/A
  • Tax Amount: $690
  • Location Legal Taxes - Phase: $7
  • Location Legal Taxes - Annual Taxes: $690
  • Location Legal Taxes - Section: N/A
  • 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
Property
Lot Information
  • Building Area Total: 2737.0
  • Lot Size Acres: 22.0
  • Lot Size Area: 22.0
  • Lot Size Units: Acres
  • Lot Size Square Feet: 958320.0
  • General Property Description - Total Acreage: 22.0
  • General Property Description - Entry Above Grd Fin SQFT: 1564.0
  • General Property Description - Upper Above Grd Fin SQFT: 0.0
  • General Property Description - Other Above Grd Fin SQFT: 0.0
  • General Property Description - Total Above Grd Fin SQFT: 1564.0
  • General Property Description - Grand Total Attached SQFT: 2737.0
  • General Property Description - Total Unfin SQFT: 1173.0
  • Lot Description - Cleared: Yes
  • Lot Description - Wooded: Yes
  • Unfinished Attached SQFT - Lower Below Grd Unfin SQFT: 1173.0
  • Misc Features - Private Road: Yes
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: Residential,Single Family Residence
  • Year Built: 1946
  • Property Sub Type: Single Family Residence
  • General Property Description - Property Sub - Type: Single Family Residence
  • Property Type Label: Residential
  • General Property Description - Construction Status: Under Construction
Utilities
  • Sewer: Private Septic
  • Water Description - Private Well: Yes
  • Internet Access - Undetermined: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Cement Block, Wood Siding
  • Misc Features - Horses Permitted: Yes
  • Exterior Features - Garden Space: Yes
  • Exterior Features - Storage Shed: Yes
Interior Features
  • Main Level Bedrooms: 4
  • Cooling: Central Air
  • Door Features: Wood
  • Flooring: Carpet, Vinyl, Wood
  • Heating: Heat Pump Electric, Forced Air Electric, Baseboard Electric
  • Interior Features: Flue Available
  • Main Level Bathrooms: 1
  • Basement: Partial
  • Baths Half: 0
  • Beds Total: 4
  • Baths Total: 1.0
  • Baths Full: 1
  • Rooms Total: 0
  • Bathrooms Total Integer: 1
  • Bathrooms Total Decimal: 1.0
  • Bathrooms Total Notational: 1.0
  • Cooling: Yes
  • Heating: Yes
  • General Property Description - Basement: Yes
  • Interior Features - Flue Available: Yes
  • Laundry - Laundry Lower Level: 0
  • Laundry - Laundry Upper Level: 0
  • Laundry - Laundry Other Level: 0
Mobile Home
Mobile & Manufactured Home
  • Misc Features - Manufactured Home Allowed: Yes

Property History for 5423 Indian Draft Road

DateEvent & SourcePriceAppreciation
Oct 1, 2026

Listed (Active)

Roanoke Valley Association of REALTORS #931928

$99,500—
DateEvent & SourcePrice
10/01/2026

Listed (Active)

Roanoke Valley Association of REALTORS #931928

$99,500

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

Public Records for 5423 Indian Draft Road

Taxable ValueLand$85,000Additions$55,900Total$140,900
Tax Record2025$690 ($58 / month)
Home Facts
Beds4Baths1.5Total Finished SqFt1,564 SqFtAbove Grade Finished SqFt1,564 SqFtStories1Lot Size958,320 SqFtStyleSingle Family ResidenceYear Built1946Year Renovated1960ZoningARCountyALLEGHANYAPN02200-00-000-0390

Schools near 5423 Indian Draft 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
Callaghan 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.

Similar Homes

5423 Indian Draft Road is a single family home for sale in Covington, VA 24426. This property was listed for sale on October 1, 2026 by HIGHLANDS REALTY & ASSOCIATES LLC, it's currently listed at $99,500. This listing's school district is Alleghany County Public Schools. Nearby schools include Callaghan Elementary School, Clifton Middle School and Alleghany High School. 5423 Indian Draft Road is a 4-bed, 1-bath, 2,737 sqft single family home built in 1946.

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 HIGHLANDS REALTY & ASSOCIATES LLC, MONTY BOWMAN

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.