$380,000
$112K PRICE DROP

1140 Powder Mill Rd Ivanhoe, VA 24350

Estimated payment $2,027/month

Total Views 25,352
3 Beds
2 Baths
1,464 Sq Ft
$260 Price per Sq Ft

Highlights

  • Guest House
  • 2.32 Acre Lot
  • Wood Flooring
  • Horses Allowed On Property
  • Farm
  • No HOA

About This Home

Welcome to 1140 Power Mill Road, a **horse lover's dream** in Ivanhoe, VA—offering country charm, income potential, and incredible access to the outdoors. This **barndominium-style home** features 2 bedrooms, 1 remodeled full bath with a deep soaking tub and separate shower, plus modern upgrades including a new fridge, Whirlpool dishwasher, full-size gas range, 80-gallon hot water heater, Trane heat pump (under 10 years), wood stove, and washer/dryer. The property is **fully fenced with board fencing for horses**, and includes a **10-ft deer-fenced garden**, two Suburban propane tanks, and plenty of space to roam. A separate **1-bed, 1-bath guest house with full kitchen** brings steady income through Airbnb and Furnished Finders. **Outdoor enthusiasts will love being less than 5 miles from New River Trail access, 8 miles from the Jubilee Park boat launch**, and close to the **Jefferson National Forest**, with **plentiful hunting land nearby**. This unique homestead blends comfortable living with adventure, privacy, and profitability—all in one remarkable setting.

Listing Agent

Ben Caudill

RE/MAX Landmark Real Estate Brokerage Phone: 2762289200 License #0225223639 Listed on: 08/12/2025

RE/MAX Landmark Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $833

Year Built

  • Built in 2017

Lot Details

  • 2.32 Acre Lot
  • Sprinkler System
  • Property is zoned n/a

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Slab Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,464 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Laundry on main level
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Soaking Tub

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Sheffey Elementary School
  • Fort Chiswell Middle School
  • Fort Chiswell High School

Utilities

  • Cooling Available
  • Heating System Uses Wood
  • Heat Pump System
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • Guest House
  • Farm
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$833

Year Built

Built in 2017

Lot Details

2.32 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 2.32
  • Directions: From I-81N Exit 80, right onto Fort Chiswell Road, right onto Ivanhoe Road, right onto Painters Hill Road, right onto Rakestown Road, right onto Powder Mill Road, property on right, no sign
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2017
  • Kitchen Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Gas Oven, Microwave, Range, Refrigerator, Electric Water Heater
  • Other Equipment: Satellite Receiver
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Free Standing, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Other, High Speed Internet, Internet Availability Other/See Remarks
  • Living Area: 1464
  • Window Features: Tilt Window(s), Some Window Treatments
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Bathroom 2 Level: First
  • Room Bedroom2 Level: First
  • Bathroom Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Fencing: Other
  • Lot Features: Farm, Rolling Slope, Views
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Metal Siding
  • Exterior Features: Horses Allowed, Lighting, Sprinkler System
  • Foundation Details: Slab
  • Other Structures: Guest House
  • Patio And Porch Features: Patio
  • Property Condition: Exterior Condition: Very Good, Interior Condition: Very Good
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Aggregate, Driveway, Gravel, Attached
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: First Level
  • Security: Security Cameras, Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Wood
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Sheffey
  • High School: Fort Chiswell
  • Middle Or Junior School: Fort Chiswell

Lot Info

  • Lot Size Sq Ft: 101059.2
  • Zoning: n/a
  • Irrigation Water Rights: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 833.34
  • Tax Lot: 2
  • Tax Map Number: 86-3-2
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $833 $163,400 $26,600 $136,800
2023 $833 $161,300 $26,600 $134,700
2022 $833 $163,400 $26,600 $136,800
2021 $623 $115,400 $28,100 $87,300
2020 $623 $115,400 $28,100 $87,300
2019 $623 $115,400 $28,100 $87,300
2018 $623 $115,400 $28,100 $87,300
2017 $106 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $21,600 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2026 02/04/26 Price Changed $380,000 -3.1% $260 / Sq Ft
08/22/2025 08/22/25 Price Changed $392,000 -20.3% $268 / Sq Ft
08/12/2025 08/12/25 For Sale $492,000 -- $336 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $210,000 New Century Title & Stlmnt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Closed End Mortgage
Source: Public Records

Source: Southwest Virginia Association of REALTORS®

MLS Number: 102991

APN: 086-003-0000-0002

Virginia Wythe County Ivanhoe 24350

1140 Powder Mill Rd, Ivanhoe, VA

For Sale

Detached

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Ben Caudill
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Ben Caudill
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RE/MAX Landmark Real Estate
(276) 365-9154
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