$50,000
SOLD NOV 7, 2025

1603 Summit Dr Covington, VA 24426

2 Beds
1 Bath
728 Sq Ft
2.51 Acres

Recently Sold

$69 Per Sq Ft

16 Days on Market

About This Home

As of November 2025

Nestled in the heart of the Alleghany Highlands, this 2.5+/- acre parcel offers a rare opportunity to own a piece of Virginia's most scenic countryside. Located just minutes from thousands of acres of the George Washington National Forest, this property is a haven for outdoor enthusiasts seeking hiking, hunting, fishing, and endless recreation. The land features level terrain, making it ideal for a variety of uses, whether you envision a permanent residence, mountain retreat, Airbnb rental, or investment property. A charming small country home sits on the property, awaiting renovation to bring it back to life. With a bit of vision, it could be transformed into a cozy getaway or income-producing rental. Surrounded by breathtaking mountain and pastoral views, this property offers peace, pri

Last Agent to Sell the Property

Bryan Thompson

Listed on: 02/28/2025

Last Buyer's Agent

Bryan Thompson

Listed on: 02/28/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $451

Year Built

  • Built in 1970

Home Design

  • 728 Sq Ft Home
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Jeter Watson Elementary School
  • Covington Middle School
  • Alleghany High School

Utilities

  • No Cooling
  • No Heating
  • Well
  • No Water Heater
  • Septic System

Additional Features

  • 2.51 Acre Lot
  • Flood Zone Lot

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08300-00-000-034J; 08300-00-000-034K

Home Details

Home Type

Single Family

Est. Annual Taxes

$451

Year Built

Built in 1970

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Traveling west on VA-18 S0.8 miTurn left onto State Rte 613 (Bens Run Rd)1.5 miTurn right onto State Rte 616 (Summit Dr)
  • HistoricProperty: No
  • Listing Member Name: Bryan Thompson
  • Listing Office Short Id: WTP
  • Open House Office I D: 20230817183457741313000000
  • Hoa2 Or Poa: Yes
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: BPT
  • Subdivision Yn: No
  • TotalFinSFApx: 728.00
  • Year Built: 1970
  • Taxes Dollars: 451.14
  • TotalAcresApx: 2.51
  • 1StFloorMstrBdrm: No
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: None
  • Full Bathrooms: 1.00
  • Floor Other: YES
  • Has Attic: None
  • Lower Floor 1 Bedrooms: 2
  • Fireplace Other: YES
  • Lower Floor 1 Bedrooms: 5

Exterior Features

  • Exterior: Vinyl
  • Road Frontage: Paved Road
  • Roof: Shingle
  • Street: Summit
  • Tax Rate: 0.74
  • Flood Zone: SW

Garage/Parking

  • GarageOther: YES

Utilities

  • Cooling: No Cooling System
  • Heating: None
  • Sewer: Existing Septic
  • Water: Well
  • Water Heater: None

Schools

  • Elementary School: Jeter Watson
  • High School: Alleghany High
  • Middle School: Covington Middle

Lot Info

  • Zoning: Residential
  • Best Use: Bed & Breakfast, Investment, Residential

Tax Info

  • Tax Map Number: 08300-00-000-034J; 08300-00-000-034K
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Craft Arthur L
Bought by
Lucway Properties Llc

Purchase Details

Closed on
Dec 28, 2007
Sold by
Gaines Claude Life Est
Bought by
Craft Arthur L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $35,000 --
Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2025 11/07/25 Sold $50,000 0.0% $69 / Sq Ft
03/16/2025 03/16/25 Pending -- -- --
02/28/2025 02/28/25 For Sale $50,000 -- $69 / Sq Ft
Source: Rockbridge Highlands REALTORS®

Tax History Compared to Growth

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 $277 $37,900 $16,300 $21,600
2023 $277 $37,900 $16,300 $21,600
2022 $277 $37,900 $16,300 $21,600
2021 $277 $37,900 $16,300 $21,600
2020 $277 $37,900 $16,300 $21,600
2019 $277 $37,900 $16,300 $21,600
2018 $285 $40,200 $16,300 $23,900
2017 $285 $40,200 $16,300 $23,900
2016 $285 $40,200 $16,300 $23,900
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    Bryan Thompson

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 139082

APN: 08300-00-000-034J

Virginia Alleghany County Covington 24426

1603 Summit Dr, Covington, VA

Sold

Detached

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