2351 Reese Mountain Rd Elliston, VA 24087
Estimated payment $2,779/month
Highlights
- 7.2 Acre Lot
- Wood Flooring
- Fenced Yard
- Ranch Style House
- No HOA
- Storage
About This Home
Discover the potential of this unique 7.2-acre property, ideally located just off the interstate with easy access to Virginia Tech & Roanoke! A former small farm, this private retreat offers multiple opportunities for investment, residential, & possible commercial use. The main brick home features unfinished square footage, perfect for adding quick value. A whole-house generator, outdoor wood furnace, & hardwood floors add to its appeal. A second brick home also sits on the property, providing excellent rental income potential. The land is mostly fenced, with a tool shed/outdoor storage & a parcel bordering the North Fork Roanoke River. Positioned at the foot of the Fort Lewis Mountain range, this property is ideal for those seeking privacy & versatility. For those considering commercial ventures, the location offers strong potential for storage units, parking, or a truck repair facility. Don't miss this rare opportunity to own a multi-use property in a prime location!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,949
Lot Details
- 7.2 Acre Lot
- Fenced Yard
Home Design
- Ranch Style House
- Brick Exterior Construction
- Shingle Roof
- Vinyl Trim
Interior Spaces
- 3,023 Sq Ft Home
- Storage
Kitchen
- Oven or Range
- Dishwasher
Flooring
- Wood
- Concrete
- Vinyl
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Kitchen in Basement
- Stubbed For A Bathroom
Accessible Home Design
- Handicap Accessible
Schools
- Eastern Montgomery Elementary School
- Shawsville Middle School
- Eastern Montgomery High School
Utilities
- Central Air
- Heat Pump System
- Well
- Electric Water Heater
- Septic System
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 015956
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 |
|---|---|---|---|---|
| 2025 | $1,949 | $256,400 | $39,300 | $217,100 |
| 2024 | $1,923 | $256,400 | $39,300 | $217,100 |
| 2023 | $157 | $256,400 | $39,300 | $217,100 |
| 2022 | $94 | $218,300 | $39,300 | $179,000 |
| 2021 | $187 | $218,300 | $39,300 | $179,000 |
| 2020 | $201 | $218,300 | $39,300 | $179,000 |
| 2019 | $501 | $218,300 | $39,300 | $179,000 |
| 2018 | $2,015 | $226,400 | $39,300 | $187,100 |
| 2017 | $2,015 | $226,400 | $39,300 | $187,100 |
| 2016 | $2,015 | $226,400 | $39,300 | $187,100 |
| 2015 | $2,015 | $226,400 | $39,300 | $187,100 |
| 2014 | $1,745 | $200,100 | $39,300 | $160,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/20/2025 10/20/25 | Price Changed | $499,000 | -5.0% | $165 / Sq Ft |
| 08/20/2025 08/20/25 | Price Changed | $525,000 | -4.5% | $174 / Sq Ft |
| 03/28/2025 03/28/25 | For Sale | $550,000 | -- | $182 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $114,000 | -- |
Source: New River Valley Association of REALTORS®
MLS Number: 423585
APN: 015956
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