Old Well Road Spencer, VA 24165

Listing agent Micah Woodall License #289404 Show Phone

Listing office Mast Realty Estates and Farms 5025 Red Cedar Rd., Raleigh, VA Show Phone

Listing date May 11, 2026

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MLS# 59654 Listing URL

Copyright © 2026 South Central 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.

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Investment Insights

Based on property information with market context.

This property features approximately 47.7 acres of mature rolling hardwoods and pines. It is accessible from Old Well Road via a private 20-foot-wide deeded easement, providing the ability to build in privacy. The land is suitable for recreational use and timber investment, with potential for a cabin or home. A small stream runs across the north and south sides of the property, providing a water source. Mature mast-producing hardwoods, including white and red oaks, are surrounded by pines, small open areas, and two well-cleared power line easements, creating a strong wildlife habitat. Two high points connected by a ridge create excellent roll to the topo with a gentle 120-foot rise, offering diverse habitat for turkeys and deer. ATV/UTV paths provide easy traversability throughout the property. The property is located approximately 15 minutes from Martinsville, Patrick Springs, and Mayo River State Park, and roughly 50 minutes from Winston-Salem and Greensboro. An accurate survey is available.

Key Highlights

• Almost 48 acres of mature hardwoods and pines offering privacy and building potential.
• Private 20‑foot‑wide deeded easement access.
• Excellent recreational and timber investment opportunity.

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FAQs

What type of property is this?

Recreation land - 47.7 acres of recreational and timber investment land.

Where is this recreation land located?

The property is located at Old Well Road Spencer, VA.

What is the asking price?

The asking price for this property is $189,000.

What are key features of this property?

This property features: Almost 48 acres of mature hardwoods and pines offering privacy and building potential.; Private 20‑foot‑wide deeded easement access.; Excellent recreational and timber investment opportunity.