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    N Smt Dr Monterey, VA 24465

    For Sale
    $35,000

    Built to Suit Residential - MONTEREY, VA

    Type:Single Family Residence
    Lot size:
    6.84 Acres
    Days on Market:
    161
    Last Refresh:
    Dec 9 at 10:06 am

    Property Features for N Smt Dr

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    R-2 Residential Single family
    Lot size
    6.84 Acres

    Taxes and HOA fees

    Expense value
    375
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    Shamrock & Stephenson Realty, Inc. (540) 468-3370 [email protected]

    Listing agent CHARLOTTE STEPHENSON (540) 468-3370

    Listing date Jul 2, 2025

    MLS# 657231 Listing URL

    Copyright © 2025 Greater Augusta 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

    Residential Land in Monterey, VA

    This 6.84-acre residential building lot is located on Summit Dr. in Monterey, VA. Zoned R-2 Residential Single Family, the property is forest covered. Clearing some trees could provide a long-distance view, especially during seasonal changes.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Monterey
    County
    Highland
    State
    Virginia
    Longitude
    -79.6382
    Latitude
    38.3937

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    FAQs

    What type of property is this?
    Land - 6.84 acre residential building lot in Monterey, Virginia.
    Where is this land located?
    The property is located at N Smt Dr Monterey, VA.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: - Building lot with potential for long-distance, year-round views.; - Located high on Summit Dr. in High Valley.; - Forest-covered lot offering privacy.
    (540) 468-3370
    Request Owner's contact information
    N Smt Dr Monterey, VA 24465
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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.

    Relative

    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
    N Smt Dr Monterey, VA 24465
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