Land with Investment
For Sale
$62,500
15 Lots Covered Bridge Trl lot See Addendum, Fancy Gap, VA 24328
Land, Fancy Gap, VA
Property SizeContact for details
Lot Size4.53 Acres
Days on Market104
Property Features for 15 Lots Covered Bridge Trl lot See Addendum
General Information
Property type
Land
Property subtype
Other
Zoning
R1
Subdivision
Little Water Falls
Lot features
Wooded
Elementary school
Fancy Gap
Middle school
Carroll County Intermediate
High school
Carroll County
Directions
77 S Exit 8: Turn left on Chances Creek Rd, go to end of road, and turn right on Fancy Gap Highway. Go 0.9 mile then left on Ranger Rd. Go to end, then turn left on Blue Ridge Parkway. Continue to first Right on Lightning Ridge Rd. Then take first right Elk Spur Rd. Go 1.8 miles, then turn left on Little Waterfalls Trl. Go to the end of Little Waterfalls Trl, then turn left on Covered Bridge Trl. Property is 7th on the R. For GPS, use 662 Covered Bridge Trl, it's before you get there on R.
Standard status
Active
Lot size
4.53 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
500
Utilities
Utilities
Electricity Available
Sewer type
Perc Test On File
Listing Agency:
BHHS- Mountain Sky Properties-Hillsville
(276) 728-9500
Listed By:
Keith Clark · License #0225218614
(276) 237-0002
Added: May 15
Changed: Aug 19
Last Checked: Aug 26 at 6:06AM
MLS# 110117
Copyright © 2026 Southwest Virginia 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 property features 15 contiguous lots totaling 4.5267 acres. The gently rolling terrain and wooded surroundings offer the option to develop several homes or build one residence. The location is just 2 miles from the Blue Ridge Parkway. It is situated within 20 minutes of local shopping, 28 minutes to Mount Airy North Carolina, approximately 1 hour to Winston Salem, 75 minutes to Blacksburg, 90 minutes to Greensboro, and under 2 hours to Charlotte. The community offers access to 4 common areas, including 2 private fishing ponds, a picnic shelter with an estimated 60 mile view, and a covered bridge complete with a picnic shelter. Light restrictions are in place to protect property values, as campers and mobile homes are not permitted. The property offers potential for investors seeking multiple build sites for resale, rental income, or long term hold, while also offering the option to create a private mountain retreat surrounded by nature.
Key Highlights
- 4.5+ acre property comprised of 15 contiguous lots, offering flexibility for multiple homes or a private retreat.
- Priced at nearly half of the combined tax assessment, providing immediate value.
- Owner financing options available, including 0% interest for 2 years (for qualified buyers).
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 24328, VA
1,999
Population
1,551
Households
1.3
Avg Household Size
54
Median Age
27%
College-Educated
92%
High-School Grad
38.2 sq mi
ZIP Area
52
Density / Sq Mi
$54,286
Median Household Income
$41,944
Median Earnings
$541
Median Rent
$168,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 4.5+ acre land offers investment, privacy, and natural beauty.
Where is this residential land & home lot located?
The property is located at 15 Lots Covered Bridge Trl lot See Addendum Fancy Gap, VA.
What is the asking price?
The asking price for this property is $62,500.
What are key features of this property?
This property features: 4.5+ acre property comprised of 15 contiguous lots, offering flexibility for multiple homes or a private retreat.; Priced at nearly half of the combined tax assessment, providing immediate value.; Owner financing options available, including 0% interest for 2 years (for qualified buyers).
