
1531 Nicholas Way Blacksburg, VA 24060
Estimated payment $4,293/month
Highlights
- Contemporary Architecture
- Living Room with Fireplace
- Main Floor Primary Bedroom
- Margaret Beeks Elementary School Rated A-
- Wood Flooring
- No HOA
About This Home
Welcome to 1531 Nicholas Way, a modern masterpiece designed for those who appreciate luxury, comfort, & privacy. Set on a tranquil 1.11-ac lot, cul-de-sac. This stunning contemporary home combines a seamless flow w/elegant finishes. The grand entryway & open floor plan creates a spacious flow, enhanced by warmth of white oak solid hardwood flooring & abundance of natural light. The main level features an open living area w/gas log fireplace, kitchen w/granite countertops, SS appliances & formal dining area. Step outside to the screened-in porch and fenced backyard, ideal for hosting gatherings. The main-level master suite provides comfort, double vanities & walk-in closet. New 2023, 2-Trane HVAC Systems & Whole House Water Filtration System. Oversized Garage, w/plenty of extra storage. Walking trail to Meadow at Nellie’s Cave is right at your doorstep. Minutes to Virginia Tech, local businesses & shopping. You’ll enjoy both convenience & a sense of peaceful seclusion.
Last Listed By
Long & Foster - Blacksburg License #225069519 Listed on: 03/07/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,591
Year Built
- Built in 2002 | Remodeled
Lot Details
- 1.11 Acre Lot
- Cul-De-Sac
- Fenced Yard
- Landscaped
- Garden
- Property is in very good condition
- Property is zoned Residential 2
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Fire Rated Drywall
- Shingle Roof
- Vinyl Trim
- Active Radon Mitigation
Interior Spaces
- 2,958 Sq Ft Home
- Skylights
- Gas Log Fireplace
- Panel Doors
- Living Room with Fireplace
- Screened Porch
- Storage
- Attic Floors
- Storm Windows
- Property Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Built-In or Custom Kitchen Cabinets
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Primary Bedroom on Main
- Walk-In Closet
- 2.5 Bathrooms
- Ceramic Tile in Bathrooms
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Finished Basement
- Recreation or Family Area in Basement
- 1 Bedroom in Basement
Parking
- 2 Car Garage
- Basement Garage
- Driveway
Schools
- Margaret Beeks Elementary School
- Blacksburg Middle School
- Blacksburg High School
Utilities
- Heat Pump System
- Heating System Powered By Leased Propane
- Well
- Electric Water Heater
- Septic System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 055131
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,591 | $612,100 | $135,000 | $477,100 |
2023 | $4,285 | $612,100 | $135,000 | $477,100 |
2022 | $3,912 | $439,600 | $86,700 | $352,900 |
2021 | $3,912 | $439,600 | $86,700 | $352,900 |
2020 | $3,912 | $439,600 | $86,700 | $352,900 |
2019 | $3,912 | $439,600 | $86,700 | $352,900 |
2018 | $3,685 | $414,000 | $86,700 | $327,300 |
2017 | $3,685 | $414,000 | $86,700 | $327,300 |
2016 | $3,685 | $414,000 | $86,700 | $327,300 |
2015 | $3,685 | $414,000 | $86,700 | $327,300 |
2014 | $3,836 | $431,000 | $86,700 | $344,300 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/07/2025 06/07/25 | Pending | -- | -- | -- |
05/01/2025 05/01/25 | Price Changed | $699,899 | -2.8% | $237 / Sq Ft |
03/07/2025 03/07/25 | For Sale | $719,900 | +11.6% | $243 / Sq Ft |
11/18/2022 11/18/22 | Sold | $645,000 | -0.8% | $218 / Sq Ft |
09/26/2022 09/26/22 | Pending | -- | -- | -- |
09/05/2022 09/05/22 | For Sale | $650,000 | +52.9% | $220 / Sq Ft |
05/08/2019 05/08/19 | Sold | $425,000 | 0.0% | $148 / Sq Ft |
04/12/2019 04/12/19 | Pending | -- | -- | -- |
04/11/2019 04/11/19 | Off Market | $425,000 | -- | -- |
03/05/2019 03/05/19 | Price Changed | $438,400 | -2.6% | $153 / Sq Ft |
01/10/2019 01/10/19 | For Sale | $449,900 | -- | $157 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $645,000 | Sage Title | |
Deed | $322,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $645,000 | VA | |
Previous Owner | $295,000 | New Conventional |
Similar Homes in Blacksburg, VA
Source: New River Valley Association of REALTORS®
MLS Number: 423357

APN: 034937
- 507 Nellies Cave Rd
- 306 Loudon Rd
- 1790 Liberty Ln
- 603 Landsdowne Dr
- 1731 Liberty Ln
- 600 Forest Hill Dr
- 555 Quailwood Dr
- 1240 Falcon Ridge Rd
- 1606 Kennedy Ave
- 404 Berry Ct
- 409 Berry Ct
- 102 Mateer Cir
- 330 Sheliah Ct
- 301 N Knollwood Dr
- 338 Sheliah Ct
- 305 N Knollwood Dr
- 215 S Knollwood Dr
- 805 Airport Rd
- TBD Professional Park Dr
- 1109 Palmer Dr