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    57 Hemlock Ridge Ln Catawba, VA 24070

    For Sale
    $2,440,000

    Multi Family - Catawba, VA

    Lot size:
    100.58 Acres
    Days on Market:
    115
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 57 Hemlock Ridge Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Interior features
    Cathedral Ceiling(s), Ceiling Fan(s), Storage
    Exterior features
    Horses Permitted, Pond, Stream
    Lot size
    100.58 Acres

    Utilities

    Heating system
    Ductless (Heating), Electric (Heating), Forced Air, Heat Pump (Heating), Natural Gas
    Cooling system
    Ductless, Electric, Heat Pump, Zoned

    Building Details

    Year built
    2010
    Number of units
    6
    Building materials
    Log
    Architectural style
    Other

    All Stars Realty of Virginia LLC dba RE/MAX All Stars (540) 992-2525 [email protected]

    Listing agent DAYNA PATRICK (540) 992-2525

    Listing date Aug 13, 2025

    MLS# 919473 Listing URL

    Copyright © 2025 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.

    Overview

    Catawba Wilderness Recreation Estate

    This unique 100-acre wilderness recreation estate, bordering the Jefferson National Forest in Virginia, is a turnkey, income-generating property. Currently an Airbnb Superhost, it has also functioned as an outdoor survival school, youth camp, business retreat, and event venue. Designed to accommodate up to 56 people, the property includes 8,339 square feet of space distributed among the Main Lodge, bunk rooms, a cabin, a garage apartment, a commercial kitchen and pub, a store, and a 50'x24' classroom/meeting room. Outdoor gathering and adventure areas feature a 260 square foot screened porch with a wood stove, 3,500 square feet of covered porches, a covered stage, a pond, streams, miles of groomed trails, and campsites throughout the 100 acres. The property is located 18 miles from Virginia Tech/Blacksburg and 28 miles from Roanoke Airport. It is situated within a Land Use Conservancy and surrounded by natural landscapes.
    Location Intelligence

    Current Use by Public Records

    Mountain Shepherd Adventure ... Adventure Sports

    Map

    City
    Catawba
    County
    Roanoke
    State
    Virginia
    Longitude
    -80.2952831
    Latitude
    37.3591634

    Nearby Similar for Sale

    • $2,440,000
      100.58 Acres

      Catawba Wilderness Recreation Estate Investment

      Turnkey, income-generating wilderness recreation estate adjoining Jefferson National Forest.
      57 Hemlock Ridge Ln, Catawba, VA 24070
      View Details

    FAQs

    What type of property is this?
    Campground - Turnkey, income-generating estate adjoining Jefferson National Forest, sleeps up to 56.
    Where is this campground located?
    The property is located at 57 Hemlock Ridge Ln Catawba, VA.
    What is the asking price?
    The asking price for this property is $2,440,000.
    What are key features of this property?
    This property features: - 100-acre wilderness estate adjoining Jefferson National Forest.; - Turnkey, income-generating Airbnb Superhost with established rental history.; - High-capacity accommodation: Sleeps up to 56 people across multiple buildings.
    (540) 992-2525
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    57 Hemlock Ridge Ln Catawba, VA 24070
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