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Turnkey Short-Term Rental Estate with Pond
For Sale
$2,250,000

57 Hemlock Ridge Ln, Catawba, VA 24070

MULTI_FAMILY - Catawba, VA

Property Size8,339 SF
Lot Size100.58 Acres
Price / SF$269.82
Days on Market395

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

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: Aug 2 Last Checked: Aug 22 at 5:06PM
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.

Turnkey short-term rental estate designed for group stays, with lodging configured to sleep up to 56 people. The property includes 8,339 SF across the Main Lodge, Bunk Rooms, Cabin, Garage Apartment, Commercial Kitchen & Pub, Store, and a 50' x 24' class/meeting room. Interior features include cathedral ceilings, ceiling fans, and storage, and the home is built with log and wood siding construction. The property includes a fireplace and is served by electric and forced air heating options, including heat pump, ductless systems, and natural gas, with cooling provided by heat pump, zoned electric, and ductless units. Water is provided by a private source, and the estate includes a pond.

Outdoor space is part of the operation, with gathering and adventure amenities such as a 260 SF screened porch with wood stove, 3,500 SF of covered porches, a covered stage, and miles of groomed trails and campsites throughout the 100.58-acre setting. The estate adjoins Jefferson National Forest and is in a Land Use Conservancy, surrounded by national forest and near the Appalachian Trail.

The property is offered for real estate only and includes a diverse set of use possibilities referenced for short-term rentals and group retreats within the surrounding recreational setting.

Key Highlights

  • 100.58‑acre wilderness recreation estate adjoining Jefferson National Forest
  • Designed to sleep up to 56 people across 8,339 SF of lodging and support space
  • 8,339 SF includes Main Lodge, bunk rooms, cabin, garage apartment, kitchen & pub, store, and 50' x 24' class/meeting room

Property Analytics

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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Short term rental property - Turnkey short-term rental estate with a private pond and lodging designed to host groups of up to 56.
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‑acre wilderness recreation estate adjoining Jefferson National Forest; Designed to sleep up to 56 people across 8,339 SF of lodging and support space; 8,339 SF includes Main Lodge, bunk rooms, cabin, garage apartment, kitchen & pub, store, and 50' x 24' class/meeting room
More about this property
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