$495,000

4842 Craig Valley Dr New Castle, VA 24127

Estimated payment $2,895/month

Total Views 2,576
49 Acres
$10,160 Price per Acre
2,122,243 Sq Ft Lot

About This Lot

Welcome to a rare opportunity in the heart of Craig County - a 48.7 acre, private retreat along the banks of Craig Creek, offering 0.8 miles of pristine creek frontage, year-round mountain views, & direct access to the Jefferson National Forest. This agriculturally zoned (A-1) property is ideal for horses, farming, hunting, fishing, & all outdoor pursuits. It features a custom designed & built home, expansive fenced pastures, wooded trails, & a fully functional horse barn complete with stalls & tack room, plus an additional equipment barn. Enjoy the convenience of a private well, electricity, & road frontage, all within 30 minutes of downtown Roanoke, 42 minutes to Blacksburg, & just 7 minutes to New Castle. Whether you're looking to get away from the city, establish a working farm, or simply escape to your own mountain paradise, this property offers a truly unmatched lifestyle in a breathtaking setting.

James Woltz

Listed on: 07/10/2025

Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,868

Property Details

Property Type

Land

Est. Annual Taxes

$1,868

Listing Details

  • Office Phone: 540-299-2962
  • Listing Website: https://www.land.com/property/4842-craig-valley-drive-new-castle-virginia-24127/24105281/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Map

Range of Values:

Collateral Analytics

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ICE

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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

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 $1,868 $359,300 $185,800 $173,500
2024 $1,868 $359,300 $185,800 $173,500
2023 $1,898 $257,700 $120,500 $137,200
2022 $1,624 $257,700 $120,500 $137,200
2021 $1,624 $257,700 $120,500 $137,200
2020 $1,520 $257,700 $120,500 $137,200
2019 $1,520 $257,700 $120,500 $137,200
2018 $1,520 $257,700 $120,500 $137,200
2016 $1,645 $293,700 $120,500 $173,200
2014 $1,645 $293,700 $120,500 $173,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Pending -- -- --
07/11/2025 07/11/25 For Sale $495,000 -- $238 / Sq Ft

Purchase History

Date Type Sale Price Title Company
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $20,000 New Conventional
Source: Public Records
Virginia Craig County New Castle 24070

4842 Craig Valley Dr, New Castle, VA

This home is located at 4842 Craig Valley Dr, New Castle, VA 24127 and is currently priced at $495,000. 4842 Craig Valley Dr is a home located in Craig County with nearby schools including McCleary Elementary School and Craig County High School.

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Listing Agent
James Woltz
(540) 299-2962