Last Sold Price
160,300 Lot Size3.68 Acres
lot 1 Galax Rd, New Castle, VA 24127

Description

Priced below tax assessment! What a deal! Great investment to put a home on and resell or for your own home to live in full time or weekend retreat. Almost 4 acres! Very pretty,wooded corner lot at the corner of Galax and Mt Chestnut. Land has gentle incline. Very private area.35 minutes to Roanoke/Salem. Buyer to install water,septic,electric. Low real estate taxes.54% of county is National Forest! Lots of recreational opportunities in Craig County with so much National Forest. Move to the land...Priced below tax assessment! What a deal! Great investment to put a home on and resell or for your own home to live in full time or weekend retreat. Almost 4 acres! Very pretty,wooded corner lot at the corner of Galax and Mt Chestnut. Land has gentle incline. Very private area.35 minutes to Roanoke/Salem. Buyer to install water,septic,electric. Low real estate taxes.54% of county is National Forest! Lots of recreational opportunities in Craig County with so much National Forest. Move to the land of no stoplights!
LISTING CLOSED: 10/19/2021 12:00 AM

  1. Listed by SHEILA DEHART • CHARLTON ASSOCIATES
  2. Listed by JIMMY DEHART • CHARLTON ASSOCIATES

Property Details for Lot 1 Galax Road

Status
MLS #
880950
Days on Market
104
Taxes
$147 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land
Year Built
-
Lot Size
3.68 AC
View
Mountain(s)
Subdivision Name
N/A

Recent comparable sales

Median sold price

$48,000

Avg days on market

83

Sale-to-list ratio

84.9%

New Castle, VA

9 comparable properties found

a view of forest
1/7
1

$30,750

Sold 08/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.1
Acres
$31,000 | Lot 5 Galax Road, New Castle, VA 24127
1/3
2

$31,000

Sold 08/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.52
Acres
a view of a forest with trees in the background
1/17
3

$110,000

Sold 10/30/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
26.07
Acres
$190,000 | 0 Mountain Acres Circle, New Castle, VA 24127
1/12
4

$190,000

Sold 07/02/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
37.9
Acres
$48,000 | 12 Cumberland Gap Road, New Castle, VA 24127
1/2
5

$48,000

Sold 09/19/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
14
Acres
$52,300 | 0 Cumberland Gap Road, New Castle, VA 24127
1/10
6

$52,300

Sold 06/05/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
14
Acres
a backyard of a house with lots of green space and fog
1/2
7

$28,500

Sold 05/11/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.28
Acres
a view of a yard with a tree
1/16
8

$65,000

Sold 05/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
a view of a basketball court
1/17
9

$20,000

Sold 01/09/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.5
Acres

Location

Listing Courtesy of CHARLTON ASSOCIATES, SHEILA DEHART; CHARLTON ASSOCIATES, JIMMY DEHART

Sold By MKB, REALTORS®, AMY MCDANIEL; MKB, REALTORS® - OAK GROVE, CHASITY LABIOSA

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Building Information for Lot 1 Galax Road

Lot Size3.68 AC

Payment Calculator

$113 per month

30 year fixed, 6.55% Interest

Principal and Interest

$100

Property Taxes

$12

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for Lot 1 Galax Road

Summary
Location and General Information
  • Directions: Rt 311N to New Castle/Stay on Rt 311 for approx 2 miles beyond town to Left on Craig Woods Drive,Right on Mt Chestnut,Land is at corner of Mt Chestnut and Galax Rd.
  • 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
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 58-4-1
  • Tax Block: 0
  • Tax Lot: 1
  • Tax Tract Or Section: 0
  • Tax Amount: $147
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $147
  • Location Legal Taxes - Section: 0
  • Location Legal Taxes - POA YN: No
  • Location Legal Taxes - POA Dues: $0
School Information
  • Elementary School: Mccleary
  • Middle Or Junior School: Craig County Middle
  • High School: Craig County
Property
Lot Information
  • Lot Size Acres: 3.68
  • Lot Size Area: 3.68
  • Lot Size Units: Acres
  • Lot Size Square Feet: 160300.8
  • General Property Description - Total Acreage: 3.68
  • General Property Description - Acres Wooded: 3.68
  • General Property Description - Manufactured Allowed: No
  • Land Description - Up Slope: Yes
  • Property Description - Private Road2: Yes
  • Property Description - Wooded2: Yes
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: Land
  • General Property Description - Land Sub - Type: Residential - Single Family
  • Property Type Label: Land
  • Documents Available - Survey: Yes
Utilities
  • Sewer: Other
  • Water Description - Other - See Remarks4: Yes
Interior and Exterior Features
Interior Features
  • Door Features: Other - See Remarks
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0

Property History for Lot 1 Galax Road

DateEvent & SourcePriceAppreciation
Oct 19, 2021

Sold

Roanoke Valley Association of REALTORS #880950

$19,725
Sep 27, 2021

Pending

Roanoke Valley Association of REALTORS #880950

Jun 16, 2021

Listed (Active)

Roanoke Valley Association of REALTORS #880950

$21,000
DateEvent & SourcePrice
10/19/2021

Sold

Roanoke Valley Association of REALTORS #880950

$19,725
09/27/2021

Pending

Roanoke Valley Association of REALTORS #880950

06/16/2021

Listed (Active)

Roanoke Valley Association of REALTORS #880950

$21,000

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

Schools near Lot 1 Galax 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: Lot 1 Galax Road, New Castle, VA 24127
$19,725
160,300
$323,900
5
4,176
159,429
$61,000
1,355,151
$179,500
158,558
$18,200
333,234
$90,000
1,096,405

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 CHARLTON ASSOCIATES, SHEILA DEHART; CHARLTON ASSOCIATES, JIMMY DEHART

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.