Escape to your own private woodland retreat without sacrificing the convenience of in-town living. Tucked away in the highly desirable Oakton subdivision, this premium 3.28-acre lot offers an incredibly rare canvas to design and build a true dream estate. Surrounded by spectacular custom homes, in a great tucked away neighborhood. Enjoy the peace and tranquility of mature trees and stunning views, all while benefiting from public water availability. Located just minutes from Virginia Tech, downtown Blacksburg dining, shopping, and the Blacksburg Municipal Golf Course. Bring your own builder and architect to realize the full potential of this rare in-town acreage. Soil Study has already been completed.
Lot/land
Price increase: $500 (6/12)
$195,000
703 Somerset Pl, Blacksburg, VA 24060
--beds
--baths
3.28Acres
Unimproved Land
Built in ----
3.28 Acres Lot
$-- Zestimate®
$--/sqft
$38/mo HOA
What's special
Stunning viewsPrivate woodland retreatGreat tucked away neighborhood
- 47 days |
- 121 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Joe Racek 540-808-3624,
Sycamore Realtors 540-787-3624
Source: New River Valley AOR,MLS#: 427691
Facts & features
Property
Lot
- Size: 3.28 Acres
Details
- Parcel number: 030468
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Oakton
HOA
- Has HOA: Yes
- HOA fee: $450 annually
Location
- Region: Blacksburg
Financial & listing details
- Tax assessed value: $185,000
- Annual tax amount: $1,406
- Date on market: 6/12/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,545/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Price change | $195,000+0.3% |
Source:  New River Valley AOR #427691 Report a problem | ||
| 4/5/2026 | Price change | $194,500-0.3% |
Source: Owner Report a problem | ||
| 3/19/2026 | Listed for sale | $195,000-2.5% |
Source: Owner Report a problem | ||
| 12/8/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/9/2025 | Listed for sale | $200,000 |
Source: Owner Report a problem | ||
| 7/1/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/2/2025 | Listed for sale | $200,000 |
Source: Owner Report a problem | ||
| 11/23/2024 | Listing removed | $200,000 |
Source: New River Valley AOR #420288 Report a problem | ||
| 8/13/2024 | Price change | $200,000-2.4% |
Source: New River Valley AOR #420288 Report a problem | ||
| 2/28/2024 | Listed for sale | $205,000 |
Source: New River Valley AOR #420288 Report a problem | ||
| 9/17/2023 | Listing removed | $205,000 |
Source: New River Valley AOR #417612 Report a problem | ||
| 3/24/2023 | Listed for sale | $205,000+0.7% |
Source: New River Valley AOR #417612 Report a problem | ||
| 12/1/2022 | Listing removed | $203,500 |
Source: New River Valley AOR #414361 Report a problem | ||
| 5/18/2022 | Price change | $203,500-0.7% |
Source: New River Valley AOR #414361 Report a problem | ||
| 2/25/2022 | Listed for sale | $205,000 |
Source: New River Valley AOR #414361 Report a problem | ||
| 1/1/2022 | Listing removed | -- |
Source:  Long & Foster Broker Feed Report a problem | ||
| 7/16/2021 | Price change | $205,000-6.8% |
Source: New River Valley AOR #412146 Report a problem | ||
| 3/9/2021 | Listed for sale | $220,000-2.2% |
Source: Owner Report a problem | ||
| 12/1/2020 | Listing removed | $225,000 |
Source: Owner Report a problem | ||
| 6/12/2020 | Listed for sale | $225,000 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,406 +1.3% | $185,000 |
| 2024 | $1,388 +7.1% | $185,000 |
| 2023 | $1,295 -21.3% | $185,000 |
| 2022 | $1,647 | $185,000 |
| 2021 | $1,647 | $185,000 |
| 2020 | $1,647 +9903% | $185,000 |
| 2019 | $16 -99% | $185,000 |
| 2018 | $1,647 | $185,000 |
| 2017 | $1,647 | $185,000 |
| 2016 | $1,647 | $185,000 |
| 2015 | $1,647 | $185,000 |
| 2014 | $1,647 -99% | $185,000 |
| 2013 | $164,650 +10129.9% | $185,000 |
| 2012 | $1,610 +16% | $185,000 |
| 2011 | $1,388 +5.1% | $185,000 |
| 2010 | $1,320 +4.2% | -- |
| 2009 | $1,267 | -- |
| 2008 | $1,267 +12.7% | -- |
| 2007 | $1,124 +3.5% | -- |
| 2006 | $1,086 +10.4% | -- |
| 2005 | $983 | -- |
| 2004 | $983 +4.7% | -- |
| 2003 | $939 +92% | -- |
| 2002 | $489 +9.4% | -- |
| 2001 | $447 | -- |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Grissom/Highland
Nearby schools
GreatSchools rating
- 9/10Margaret Beeks Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 8/10Blacksburg Middle SchoolGrades: 6-8Distance: 4.1 mi
- 8/10Blacksburg High SchoolGrades: 9-12Distance: 4 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.
- $393,2003 bd2 ba1.7k sqft1417 Highland Cir, Blacksburg, VA 24060Off Market
- $1,125,0005 bd6 ba5.2k sqft705 Somerset Pl, Blacksburg, VA 24060For Sale
- $201,6002 bd1 ba744 sqft705 Somerset Pl #211, Blacksburg, VA 24060Off Market
- $150,2001.81 Acres700 Somerset Pl, Blacksburg, VA 24060Off Market
- $774,6004 bd4 ba3.3k sqft1506 Highland Cir, Blacksburg, VA 24060Off Market
- $74,500-- bd-- ba-- sqft707 Somerset Pl, Blacksburg, VA 24060Off Market
- $251,7006.27 Acres702 Somerset Pl, Blacksburg, VA 24060Off Market
- $988,7003 bd3 ba4.1k sqft708 Somerset Pl, Blacksburg, VA 24060Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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