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Residential Land with Home for Sale in Ivanhoe, Virginia

1140 Powder Mill Rd, Ivanhoe, VA 24350

$392,000
2.32 acres
Active
$100k drop
Est $1,990/mo

Welcome to 1140 Power Mill Road, a horse lover's dream in Ivanhoe, VA-offering country charm, income potential, and incredible access to the outdoors. This barndominium-style home features 2 bedrooms, 1 remodeled full bath with a deep soaking tub and separate shower, plus modern upgrades including a new fridge, Whirlpool dishwasher, full-size gas range, 80-gallon hot water heater, Trane heat pump (under 10 years), wood stove, and washer/dryer. The property is fully fenced with board fencing for horses, and includes a 10-ft deer-fenced garden, two Suburban propane tanks, and plenty of space to roam. A separate 1-bed, 1-bath guest house with full kitchen brings steady income through Airbnb and Furnished Finders. Outdoor enthusiasts will love being less than 5 miles from New River Trail access, 8 miles from the Jubilee Park boat launch, and close to the Jefferson National Forest, with plentiful hunting land nearby. This unique homestead blends comfortable living with adventure, privacy, and profitability-all in one remarkable setting.

1,464
Sq feet
3
Beds
2
Full baths
2017
Built

Location

Street address
1140 Powder Mill Rd
Elevation
2,130 feet
Coordinates
36.8303, -80.9862

Directions

From I-81N Exit 80, right onto Fort Chiswell Road, right onto Ivanhoe Road, right onto Painters Hill Road, right onto Rakestown Road, right onto Powder Mill Road, property on right, no sign

Property details

Acreage
2.32 acres
MLS #
SWVAR 102991
Posted

Property taxes

2024
$833

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
RE/MAX International

Lot

Features
Farm, Rolling/ Sloping, Views

Exterior

Parking Spaces
2
Pool
Patio
Structures
Guest House
Features
Garden, Horses Allowed, Lighting, Mature Trees

Structure

Stories
1
Water
Well
Sewer
Septic Tank
Heating
Coal, Heat Pump, Wood
Materials
Metal Siding
Roof
Metal
Windows
Window Treatments

Interior

Rooms
Bathroom x 2, Bedroom x 3, Dining Room
Flooring
Tile, Vinyl, Wood Floors
Appliances
Dishwasher, Electric Water Heater, Microwave, Range/Oven, Refrigerator
Features
High Speed Internet

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected

Nearby schools

NameLevelDistrictDescription
SheffeyElementary
Fort ChiswellMiddle
Fort ChiswellHigh

Listing history

DateEventPriceChangeSource
Aug 22, 2025Price drop$392,000$100,000 -20.3%SWVAR
Aug 14, 2025New listing$492,000SWVAR
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This 2.32-acre property is located at 1140 Powder Mill Rd in Ivanhoe, VA 24350. The property is available for sale for $392,000. It has a 1,464 sq ft 3 bedroom, 2 bath house built in 2017.

Checked 6 mins ago — Updated

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