A rare opportunity to secure 15 contiguous lots totaling 4.5267 acres, all offered together for one price. This unique property presents exceptional potential for investors seeking multiple build sites for resale, rental income, or long term hold, while also offering the option to create a private mountain retreat surrounded by nature. With gently rolling terrain and wooded surroundings, you can choose to develop several homes or build one residence tucked away for maximum privacy and seclusion. Priced at nearly half of the combined tax assessment, this offering delivers immediate value with flexibility to match a variety of goals. The seller is offering owner financing options to qualified buyers, including a 2 year term at 0 percent interest, a 5 year term at 5 percent interest, and an 8 year term at 8 percent interest, each requiring a substantial down payment. These options create additional opportunity for investors and buyers seeking more flexible terms. The community offers access to 4 well maintained common areas, including 2 private fishing ponds, a picnic shelter with an estimated 60 mile view, and a covered bridge complete with a picnic shelter. Light restrictions are in place to protect property values, as campers and mobile homes are not permitted. Located just 2 miles from the Blue Ridge Parkway, the property offers easy access to outdoor recreation while maintaining a peaceful setting. Conveniently situated within 20 minutes of local shopping, 28 minutes to Mount Airy North Carolina, approximately 1 hour to Winston Salem, 75 minutes to Blacksburg, 90 minutes to Greensboro, and under 2 hours to Charlotte. This is a versatile opportunity combining investment upside, natural beauty, and privacy in one of the most desirable areas of Carroll County.
Lot/land
Price cut: $45K (5/15)
$62,500
Covered Bridge Trl, Fancy Gap, VA 24328
--beds
--baths
4.53Acres
Unimproved Land
Built in ----
4.53 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Wooded surroundingsGently rolling terrainMaximum privacy and seclusionPeaceful setting
- 48 days |
- 71 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Keith Clark 276-237-0002,
BHHS- Mountain Sky Properties-Hillsville
Source: SWVAR,MLS#: 110117
Facts & features
Property
Features
- Fencing: None
- Water view: None
- Waterfront features: None
Lot
- Size: 4.53 Acres
- Features: Wooded
- Topography: Mixed,Hilly
Details
- Additional structures: Additional Structures(None)
- Parcel number: 143A12A
- Zoning: R1
- Other equipment: Equipment Leased(None)
Utilities & green energy
- Sewer: Perc Test On File
- Water: None
- Utilities for property: Electricity Available, Natural Gas Not Available
Community & HOA
Community
- Subdivision: Little Water Falls
HOA
- Has HOA: Yes
Location
- Region: Fancy Gap
Financial & listing details
- Tax assessed value: $20,200
- Annual tax amount: $499
- Date on market: 5/15/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,195/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Price change | $17,500-72% |
Source: | ||
| 5/15/2026 | Listed for sale | $62,500+25% |
Source: | ||
| 5/1/2026 | Listing removed | $50,000 |
Source: | ||
| 10/20/2025 | Listed for sale | $50,000 |
Source: | ||
| 8/22/2025 | Listing removed | $50,000 |
Source: | ||
| 2/22/2025 | Price change | $50,000-2.9% |
Source: | ||
| 5/10/2024 | Price change | $51,500+13.9% |
Source: | ||
| 5/9/2024 | Listed for sale | $45,200+88.3% |
Source: | ||
| 11/18/2022 | Sold | $24,000-31.4% |
Source: | ||
| 10/22/2022 | Contingent | $35,000 |
Source: | ||
| 10/2/2022 | Listed for sale | $35,000+35.1% |
Source: | ||
| 12/11/2020 | Listing removed | $25,900 |
Source: Virginia Mountain Realty #73581 Report a problem | ||
| 3/24/2020 | Listed for sale | $25,900 |
Source: Virginia Mountain Realty #73581 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $99 -16.9% | $20,200 |
| 2024 | $119 | $20,200 |
| 2023 | $119 -7.8% | $20,200 |
| 2022 | $129 | $20,200 |
| 2021 | $129 -7.9% | $20,200 |
| 2020 | $140 | $20,200 |
| 2019 | $140 | $20,200 |
| 2018 | -- | $20,200 |
| 2017 | -- | $20,200 +1% |
| 2016 | -- | $20,000 |
| 2015 | -- | $20,000 |
| 2014 | -- | $20,000 |
| 2013 | -- | $20,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 24328
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 8/10Fancy Gap Elementary SchoolGrades: PK-5Distance: 3.6 mi
- 6/10Carroll County MiddleGrades: 6-8Distance: 9.5 mi
- 5/10Carroll County High SchoolGrades: 9-12Distance: 8.8 mi
Schools provided by the listing agent
- Elementary: Fancy Gap
- Middle: Carroll County Intermediate
- High: Carroll County
Source: SWVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Virginia
- Carroll County
- Fancy Gap
- 24328
- Covered Bridge Trl









