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Recreation Estate with Lodging
For Sale
$2,250,000

57 Hemlock Ridge Ln, Catawba, VA 24070

Residential Income, Catawba, VA

Property Size8,339 SF
Lot Size100.58 Acres
Price / SF$269.82
Days on Market417

Property Features for 57 Hemlock Ridge Ln

General Information

Property type Residential Multi Family
Property subtype Other
Interior features Cathedral Ceiling(s), Ceiling Fan(s), Storage
Fireplace 1
Elementary school Mccleary
Middle school Craig County Middle
High school Craig County
Directions from Salem/Interstate 81 exit 141 onto 419-N, to 311-N, go 12 mi to Lt on #621/Upper Craigs Creek Rd., 9.7 Mi to Entrance on Rt. Stay straight on private Rd up hill to the end. (Limited cell signal)
Subdivision 0800 - Craig County
Standard status Active
APN 117-A-2
Lot size 100.58 Acres

Taxes and HOA fees

Tax Annual Amount 5463

Utilities

Heating system Heat Pump (Heating), Forced Air, Ductless (Heating), Electric (Heating), Natural Gas
Cooling system Electric, Heat Pump, Ductless, Zoned
Water source Private
Water front features Pond

Amenities

screened porch
covered porches
covered stage
pond
streams
groomed trails
campsites

Building Details

Year built 2010
Number of units 6
Building materials Log, Wood Siding
Additional Structures Storage
Listing Agency: RE/MAX ALL STARS · RE/MAX International
Listed By: DAYNA R PATRICK · License #0225074862
Added: Jul 24, 2025 Changed: Sep 13 Last Checked: Sep 13 at 10:06PM
MLS# 919473

Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 100.58-acre Virginia property combines lodging, meeting, event, and recreation improvements across an established hospitality and outdoor-use setting. Buildings total 8,339 square feet and include a main lodge, bunk rooms, cabin, garage apartment, commercial kitchen and pub, store, and a 50-by-24-foot class and meeting room. A screened porch with a wood stove, covered porches totaling 3,500 square feet, a covered stage, pond, streams, groomed trails, and campsites extend the facilities outdoors. The property was built in 2010 and includes log and wood-sided construction, private water, natural gas and electric heating systems, and zoned cooling.

The estate adjoins the Jefferson National Forest and is near the Appalachian Trail. It is 18 miles from Virginia Tech and Blacksburg and 28 miles from Roanoke Airport. The property has operated as an Airbnb Superhost accommodation and has also been used for outdoor survival instruction, youth camping, business retreats, and events. The sale includes real estate only.

Key Highlights

  • 100.58 acres adjoining the Jefferson National Forest
  • 8,339 square feet across lodging, meeting, kitchen, retail, and support buildings
  • Designed to accommodate up to 56 people

Property Analytics

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Current Use

Mountain Shepherd Adventure ... Adventure Sports

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 24070, VA

1,375
Population
720
Households
1.9
Avg Household Size
52
Median Age
21%
College-Educated
96%
High-School Grad
61.5 sq mi
ZIP Area
22
Density / Sq Mi
$82,917
Median Household Income
$52,083
Median Earnings
$217,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - The property includes lodging buildings, event facilities, trails, campsites, and a pond.
Where is this short term rental property located?
The property is located at 57 Hemlock Ridge Ln Catawba, VA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 100.58 acres adjoining the Jefferson National Forest; 8,339 square feet across lodging, meeting, kitchen, retail, and support buildings; Designed to accommodate up to 56 people
More about this property
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