Welcome to a rare opportunity in the heart of Craig County - a 48.7+/- acre, private retreat along the banks of Craig Creek, offering 0.8+/- miles of pristine creek frontage, year-round mountain views, & direct access to the Jefferson National Forest. This agriculturally zoned (A-1) property is ideal for horses, farming, hunting, fishing, & all outdoor pursuits. It features a custom designed & built home, expansive fenced pastures, wooded trails, & a fully functional horse barn complete with stalls & tack room, plus an additional equipment barn. Enjoy the convenience of a private well, electricity, & road frontage, all within 30 minutes of downtown Roanoke, 42 minutes to Blacksburg, & just 7 minutes to New Castle. Whether you're looking to get away from the city, establish a working farm, or simply escape to your own mountain paradise, this property offers a truly unmatched lifestyle in a breathtaking setting.
SHOWINGS BY APPOINTMENT ONLY. NO DRIVE-BY'S.
Sold for $523,000
$523,000
4842 Craig Valley Dr, New Castle, VA 24127
2beds
2,081sqft
Single Family Residence
Built in 1998
48.72 Acres Lot
$538,100 Zestimate®
$251/sqft
$1,781 Estimated rent
Home value
$538,100
Estimated sales range
Not available
$1,781/mo
Zestimate® history
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List your homeWhat's special
Year-round mountain viewsFully functional horse barnPrivate retreatExpansive fenced pasturesPristine creek frontageWooded trails
Zillow last checked:
Listing updated:
Listed by:
JACOB CURRY WOLTZ 540-588-3277,
WOLTZ & ASSOCIATES,
JAMES L WOLTZ 540-353-4582
Bought with:
STEFENIE MARTIN, 0225240296
CENTURY 21 WAMPLER REALTY
Source: RVAR,MLS#: 919063
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: E
Bedroom 2
- Level: E
Other
- Description: Ceiling drop-down stairs
- Level: E
Eat in kitchen
- Level: E
Great room
- Level: E
Kitchen
- Level: E
Laundry
- Level: E
Mud room
- Level: E
Heating
- Heat Pump Electric
Cooling
- Central Air, Heat Pump Electric
Appliances
- Included: Trash Compactor, Dishwasher, Disposal, Gas Range, Refrigerator, Oven
Features
- Breakfast Area
- Flooring: Ceramic Tile, Wood
- Doors: Sliding Doors, Wood
- Windows: Skylight(s), Bay Window(s)
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Gas Log, Great Room, Masonry, Master Bedroom
Interior area
- Total structure area: 2,081
- Total interior livable area: 2,081 sqft
- Finished area above ground: 2,081
Property
Parking
- Parking features: Detached, Off Street
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Rear Porch
- Exterior features: Garden Space
- Has view: Yes
- Has water view: Yes
- Water view: River
- On waterfront: Yes
- Waterfront features: Waterfront, Stream
- Body of water: River or Other
Lot
- Size: 48.72 Acres
- Features: Horses Permitted, Gentle Sloping, Stream
Details
- Parcel number: 86A61B
- Zoning: A-1
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood
Condition
- Completed
- Year built: 1998
Utilities & green energy
- Electric: 0 Phase
- Water: Well
Community & HOA
Community
- Features: Trail Access
- Subdivision: NA
HOA
- Has HOA: No
Location
- Region: New Castle
Financial & listing details
- Price per square foot: $251/sqft
- Tax assessed value: $359,300
- Annual tax amount: $1,868
- Date on market: 7/10/2025
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2025 | Sold | $523,000+5.7%$251/sqft |
Source:  RVAR #919063 Report a problem | ||
| 7/22/2025 | Pending sale | $495,000$238/sqft |
Source: RVAR #919063 Report a problem | ||
| 7/10/2025 | Listed for sale | $495,000$238/sqft |
Source: RVAR #919063 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,868 +15.1% | $359,300 +39.4% |
| 2023 | $1,624 | $257,700 |
| 2022 | $1,624 0% | $257,700 |
| 2021 | $1,624 +6.8% | $257,700 |
| 2020 | $1,520 | $257,700 |
| 2018 | $1,520 -7.6% | $257,700 -12.3% |
| 2016 | $1,645 | $293,700 |
| 2014 | $1,645 | $293,700 |
Find assessor info on the county website
Neighborhood: 24127
Nearby homes
- $517,1004 bd3 ba4.2k sqft4940 Craig Valley Dr, New Castle, VA 24127Off Market
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Nearby schools
GreatSchools rating
- 4/10McCleary Elementary SchoolGrades: PK-5Distance: 5.8 mi
- 5/10Craig County High SchoolGrades: 6-12Distance: 5.8 mi
Schools provided by the listing agent
- Elementary: Mccleary
- Middle: Craig County Middle
- High: Craig County
Source: RVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Virginia
- Craig County
- Troutville
- 24127
- 4842 Craig Valley Dr
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