For sale

$1,990,000

1345 Falcon Ridge Rd, Blacksburg, VA 24060

5beds

6,585sqft

$11,916/mo

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Detached

Built in 2009

1.32 Acres Lot

$1,869,000 Zestimate^®

$302/sqft

$-- HOA

What's special

Incredible ellett valley viewsLutron whole-home automationTwo separate two-car garagesSeparate locker roomDedicated gymExpanded guest suiteTiered theatre

A private wellness wing with an indoor mineral spring pool, a dedicated gym, and a separate locker room all anchor this custom Craftsman cottage in Deercroft. Two expansions have expanded the original home to 6,500 finished SF across three levels, with a library, tiered theatre, an expanded guest suite, and two separate two-car garages rounding out the living spaces. Twin balconies stretch across the back to capture incredible Ellett Valley views, while hand-scraped pine floors run through the main and upper levels. A relocated primary suite opens to the valley through a reimagined spa bath and custom closet systems, and a Lutron whole-home automation and a whole-home generator bring modern systems without disturbing the original craftsmanship. Comfort, elegance, and extraordinary attention to detail - this beautiful home is a perfect blend of luxury and lifestyle, and will wow at every turn. Just 3 minutes to Main Street in Blacksburg, 7 minutes from Virginia Tech.

97 days

294

12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 6
Full bathrooms: 5
1/2 bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Basement

Area: 3276

Heating

Heat Pump

Cooling

Heat Pump, Three Zone

Appliances

Included: Dishwasher, Dryer/Electric, Microwave, Other - See Remarks, Electric Range, Refrigerator, Washer, Electric Water Heater
Laundry: Main Level

Features

Built-in Features, Ceiling Fan(s), CeramicTile Bath(s), Custom Cabinets, Custom Countertops, Storage, Guest Suite, Other - See Remarks, Pantry, Spa Shower, Upgrd/Gourmet Ktchn, Walk-In Closet(s), Walls-Drywall, Wired for Data, Extra Kitchen, Master Downstairs, Custom Features, Decorator Touches
Doors: Multi-Panel Doors, Pocket Door(s)
Windows: Window Treatments, Insulated Windows
Basement: Finished,Full,Kitchen/Kitchenette,Other - See Remarks,Exterior Entry,Rec Room/Game Room,Shower Facilities,Walk-Out Access
Attic: Access Only
Has fireplace: Yes
Fireplace features: Living Room

Interior area

Total structure area: 7,461
Total interior livable area: 6,585 sqft
Finished area above ground: 4,185
Finished area below ground: 2,400

Property

Parking

Parking features: 4 Cars or More, Blacktop Driveway
Has uncovered spaces: Yes

Features

Levels: Two or More
Stories: 2
Patio & porch: Deck, Porch
Exterior features: Quality Landscaping
Has spa: Yes
Spa features: Hot Tub
Has view: Yes

Lot

Size: 1.32 Acres
Features: Cul-De-Sac, Secluded, Subdivision, Views, Wooded

Details

Parcel number: 029564
Zoning description: Residential 2

Construction

Type & style

Home type: SingleFamily
Architectural style: Craftsman,Other - See Remarks
Property subtype: Detached

Materials

Stone
Roof: Shingle

Condition

Updated/Remodeled,Upgrades,Very Good
Year built: 2009

Utilities & green energy

Electric: Circuit Breakers
Sewer: Septic Tank
Water: Well
Utilities for property: Underground Utilities, Cable Available

Green energy

Indoor air quality: Radon System-Active, Radon Ready

Community & HOA

Community

Subdivision: Deercroft

HOA

Has HOA: No

Location

Region: Blacksburg

Financial & listing details

Price per square foot: $302/sqft
Tax assessed value: $1,268,100
Annual tax amount: $9,637
Date on market: 4/24/2026

Estimated market value

$1,869,000

$1.78M - $1.96M

$4,576/mo

Price history

Date	Event	Price
4/24/2026	Listed for sale	$1,990,000$302/sqft
Source: New River Valley AOR #427107 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,638 +1.3%	$1,268,100
2024	$9,511 +7.1%	$1,268,100
2023	$8,877 -9.1%	$1,268,100 +15.6%
2022	$9,766 +14.9%	$1,097,300 +14.9%
2021	$8,500	$955,100
2020	$8,500 +9900.5%	$955,100
2019	$85 -96.5%	$955,100 +247.9%
2018	$2,443	$274,500
2017	$2,443	$274,500
2016	$2,443	$274,500
2015	$2,443 -1.2%	$274,500 -1.2%
2014	$2,472 -99%	$277,800
2013	$247,242 +10129.9%	$277,800
2012	$2,417 +16%	$277,800
2011	$2,084 +8.1%	$277,800
2010	$1,927 +4.2%	--
2009	$1,849	--
2008	$1,849 +12.7%	--
2007	$1,641 +7.8%	--
2006	$1,521 +10.4%	--
2005	$1,378	--
2004	$1,378 +4.7%	--
2003	$1,316 -10.5%	--
2002	$1,470 +9.4%	--
2001	$1,344	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 24060

Getting around

0 / 100

Car-Dependent

0 / 100

No Nearby Transit

13 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

9/10
Margaret Beeks Elementary School
Grades: PK-5Distance: 1.8 mi
8/10
Blacksburg Middle School
Grades: 6-8Distance: 4.8 mi
8/10
Blacksburg High School
Grades: 9-12Distance: 4.7 mi

Schools provided by the listing agent

Elementary: Margaret Beeks
Middle: Blacksburg
High: Blacksburg
District: Montgomery County

Source: New River Valley AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.