$194,500
$5K PRICE DROP

523 Melrose Ln Independence, VA 24348

Estimated payment $1,080/month

Total Views 4,756
3 Beds
1 Bath
1,260 Sq Ft
$154 Price per Sq Ft

Highlights

  • Secluded Lot
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Newly Painted Property
  • Covered Patio or Porch
  • Views

About This Home

Welcome to this beautifully updated 3-bedroom, 1-bath home nestled in the scenic countryside of Independence. Offering the perfect balance of privacy and convenience, this charming property is an excellent opportunity for first-time buyers, downsizers, or anyone looking for a peaceful place to call home in the heart of the Blue Ridge Highlands. Step inside to discover a fresh, modern interior featuring new paint throughout, updated flooring, and stylish new fixtures that give the home a clean and inviting feel. The bright living spaces provide a comfortable layout for everyday living, while the refreshed kitchen and bath make this home move-in ready from day one. With three bedrooms, there is plenty of space for family, guests, a home office, or hobby room. Situated in a quiet, private setting, the property offers room to relax and enjoy the natural beauty that makes this area of Southwest Virginia so desirable. Enjoy your morning coffee while taking in peaceful surroundings, or spend evenings unwinding in the fresh mountain air. Despite the tranquil location, you are only minutes from grocery stores, local restaurants, schools, and daily conveniences. Outdoor enthusiasts will love being near the recreational opportunities of New River, known for kayaking, fishing, tubing, and scenic beauty. It's just minutes away from Powerhouse Falls. The nearby Mount Rogers National Recreation Area offers exceptional hiking, horseback riding, and camping opportunities, while the famous Blue Ridge Parkway is just a short drive away for breathtaking mountain views and weekend adventures. Residents also enjoy local events, music, and small-town charm throughout Grayson County. Don't miss your chance to own this move-in ready gem in beautiful Independence, Virginia.

Listing Agent

Elaine Smith

BHHS- Mountain Sky Properties-Hillsville Brokerage Phone: 2767289500 License #0225239057 Listed on: 05/21/2026

BHHS- Mountain Sky Properties-Hillsville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $428

Year Built

  • Built in 1950

Lot Details

  • 23,522 Sq Ft Lot
  • The property's road front is unimproved
  • Secluded Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned N/A

Home Design

  • Bungalow
  • Newly Painted Property
  • Block Foundation
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Property Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • Garage
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Independence Elementary And Middle School
  • Grayson County High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Natural Gas Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 103

Home Details

Home Type

Single Family

Est. Annual Taxes

$428

Year Built

Built in 1950

Lot Details

0.54 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.54
  • Road Surface Type: Unimproved
  • Subdivision Name: None
  • Directions: From I77 head West on Rt 58/221. Turn Rt onto Grayson Ave. Turn right onto Powerhouse Rd Veer Rt onto Melrose Ln. Destination will be on the left .1 mi.
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1950
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Oven
  • Has Basement: Exterior Entry, Partial Basement, Unfinished, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Newer Floor Covering, Luxury Vinyl
  • Interior Amenities: Built-in Features, Newer Paint, See Remarks
  • Living Area: 1260
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Window Features: Insulated Windows, No Window Treatments
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main
  • Bathroom Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Fencing: None
  • Lot Features: Mature Trees, Cleared, Level, Secluded, Views
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Block, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel

Utilities

  • Laundry Features: In Basement
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Independence
  • High School: Grayson County
  • Middle Or Junior School: Independence

Lot Info

  • Lot Size Sq Ft: 23522.4
  • Zoning: N/A
  • Irrigation Water Rights: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 427.8
  • Tax Lot: 103
  • Tax Map Number: 73A2-A-103
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/29/2026 06/29/26 Price Changed $194,500 -2.5% $154 / Sq Ft
05/21/2026 05/21/26 For Sale $199,500 -- $158 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

Source: Southwest Virginia Association of REALTORS®

MLS Number: 110221

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