Residential Land with Spring-Fed
For Sale
$49,450
332 Terrace Rd, Boones Mill, VA 24065
LAND - Boones Mill, VA
Property SizeContact for details
Lot Size2.48 Acres
Days on Market146
Property Features for 332 Terrace Rd
General Information
Property type
Land
Property subtype
Other
Zoning
A1
Lot features
Gentle Sloping, Varied, Gentle Sloping, Varied
Elementary school
Boones Mill
Middle school
Ben Franklin Middle
High school
Franklin County
Directions
Boones Mill Rd to left on Terrace Rd.
Subdivision
0400 - Franklin County
Standard status
Active
APN
026 00-135 02
Lot size
2.48 Acres
Taxes and HOA fees
Tax Annual Amount
133
Utilities
Water source
Spring
Listing Agency:
MOUNTAIN VIEW REAL ESTATE LLC
(540) 904-5424
Listed By:
BRADLEY VICTOR THOMAS · License #0225188833
(540) 815-4161
Added: Apr 18
Changed: Jun 15
Last Checked: Sep 10 at 5:06AM
MLS# 926682
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 property consists of 2.48 acres of varied terrain with a flat area suitable for building. It includes a pump-back septic system installed in 2008 and a spring-fed well. Above-ground electricity is also available on site, and the land is positioned to support residential development with utilities already addressed through the well and septic infrastructure. Purchasers are responsible for the well.
Located in the Boones Mill area, the property offers convenience to nearby services while remaining within a short drive of Roanoke and Rocky Mount. Its setting provides room for a custom home while keeping local access within reach.
For buyers seeking residential land, the existing septic and spring-fed well reduce early development uncertainty, since those site-critical systems are already in place. The available flat build area can simplify site planning, while the total acreage allows for the layout of a private home site that fits the character of the surrounding property. This offering is best suited for owner-users and developers comfortable managing the remaining well responsibility noted in the disclosures.
Located in the Boones Mill area, the property offers convenience to nearby services while remaining within a short drive of Roanoke and Rocky Mount. Its setting provides room for a custom home while keeping local access within reach.
For buyers seeking residential land, the existing septic and spring-fed well reduce early development uncertainty, since those site-critical systems are already in place. The available flat build area can simplify site planning, while the total acreage allows for the layout of a private home site that fits the character of the surrounding property. This offering is best suited for owner-users and developers comfortable managing the remaining well responsibility noted in the disclosures.
Key Highlights
- 2.48‑acre property in the Boones Mill area, close to town with a short drive to Roanoke and Rocky Mount
- Spring water source
- Pump‑back septic system installed in 2008
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
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Business Placement
Demographics for 24065, VA
6,267
Population
2,943
Households
2.1
Avg Household Size
46
Median Age
22%
College-Educated
87%
High-School Grad
81.8 sq mi
ZIP Area
77
Density / Sq Mi
$63,457
Median Household Income
$41,507
Median Earnings
$817
Median Rent
$241,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Build-ready land featuring a spring-fed well and a pump-back septic system installed in 2008.
Where is this residential land & home lot located?
The property is located at 332 Terrace Rd Boones Mill, VA.
What is the asking price?
The asking price for this property is $49,450.
What are key features of this property?
This property features: 2.48‑acre property in the Boones Mill area, close to town with a short drive to Roanoke and Rocky Mount; Spring water source; Pump‑back septic system installed in 2008
