4842 Craig Valley Dr New Castle, VA 24127
Estimated payment $2,895/month
Total Views
3,108
2
Beds
2
Baths
2,081
Sq Ft
$238
Price per Sq Ft
Highlights
- 4,224 Feet of Waterfront
- Horses Allowed On Property
- 48.72 Acre Lot
- Barn
- River View
- Fireplace in Primary Bedroom
About This Home
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
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,868
Year Built
- Built in 1998
Lot Details
- 48.72 Acre Lot
- 4,224 Feet of Waterfront
- Property fronts a private road
- Gentle Sloping Lot
- Garden
- Property is zoned A-1
Property Views
- River
- Mountain
Interior Spaces
- 2,081 Sq Ft Home
- 1-Story Property
- Central Vacuum
- Bookcases
- Cathedral Ceiling
- Skylights
- Gas Log Fireplace
- Fireplace Features Masonry
- Bay Window
- Sliding Doors
- Great Room with Fireplace
- 2 Fireplaces
- Screened Porch
- Crawl Space
- Laundry on main level
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Gas Range
- Dishwasher
- Compactor
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- 2 Full Bathrooms
Parking
- Detached Garage
- Off-Street Parking
Outdoor Features
- Stream or River on Lot
- Shed
Schools
- Mccleary Elementary School
- Craig County Middle School
- Craig County High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Additional Features
- Barn
- Horses Allowed On Property
Community Details
Overview
- No Home Owners Association
Recreation
- Trails
Map
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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 | $1,868 | $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 |
Source: Roanoke Valley Association of REALTORS®
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
Similar Homes in New Castle, VA
Source: Roanoke Valley Association of REALTORS®
MLS Number: 919063
APN: 86-A-61-B
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