Skip to main contentSkip to navigation
1 / 100
Images
Map
Street

Agricultural Land with Home for Sale in Castlewood, Virginia

123 Luttie Banner Rd, Castlewood, VA 24224

$2,500,000
224 acres
Active
Est $12,517/mo

This 224 acre property will be sold for the first time since the days of Colonial America. Originally granted by the King of England to the Banner family, this land has remained in continuous ownership for over 300 years - a true testament to its legacy and timeless appeal. Nestled in the heart of Castlewood, Virginia, this remarkable property offers over a mile of pristine frontage along Clinch River. Known for its rich heritage, friendly community, and stunning natural beauty, Castlewood is an outdoor lover's paradise offering easy access to fishing, kayaking, hiking, and the scenic byways of Southwest VA. With a welcoming small-town atmosphere and proximity to larger towns like Abingdon and Kingsport, Castlewood provides the perfect balance of rural tranquility and modern convenience. The land itself is truly special: approximately 90% is open, fenced pastureland, ideal for livestock. About 80 acres are dedicated to thriving hay fields, maintaining the farm's agricultural roots. Several historic outbuildings still stand proudly, including two original log structures believed to be over 300 years old, and a barn. The centerpiece of the property is the beautifully renovated 1925 farmhouse, blending classic charm with modern luxury. It has county water and a 283' deep private well. Updates include gleaming stainless steel appliances, a Samsung smart refrigerator, a double oven, and an additional wall-mounted oven - perfect for entertaining. Every inch of the home has been thoughtfully restored, preserving its soul while ensuring contemporary comfort. This property offers incredible flexibility for the next owner: farm the land, develop a stunning riverfront community, or hold it as an investment. All water and mineral rights will convey. Opportunities like this are exceedingly rare. Whether you're drawn by its historic significance, its agricultural potential, or its investment possibilities, this property is a legacy waiting for its next steward.

2,913
Sq feet
4
Beds
3
Full baths
1925
Built

Location

Street address
123 Luttie Banner Rd
Community
Castlewood
Elevation
1,490 feet
Coordinates
36.8939, -82.2768

Directions

81N exit 17: Turn right on Cummings St. Go 0.7 mi then turn left on W Main St. Go 0.2 mi then right on Russell Rd. Go 1 mi then right on Porterfield Hwy. Go 12.3 mi then turn left on on 58 Alt W. Go 14.6 mi then right on Frosty Rd. Go 0.4 mi then left on River Rd. Go 2 mi then sharp right on Red Oak Ridge Rd. Go 0.2 mi then left on Red Oak Ridge Rd. Go 0.4 mi then right on Luttie Banner Rd. Continue 0.5 mi to property. See sign.

Property details

Acreage
224 acres
Zoning
AG
MLS #
SWVAR 99731
Posted

Property taxes

2024
$3,212

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
River
Waterfront
River Front, Waterfront
Features
Cleared, Level, Rolling/ Sloping, Views

Exterior

Parking
Carport
Pool
Porch
Structures
Outbuilding
Features
Horses Allowed, Mature Trees

Structure

Stories
2
Basement
Partial, Unfinished
Water
Public, Well
Sewer
Septic Tank
Heating
Central, Heat Pump
Cooling
Central Air
Materials
Dry Wall, Vinyl Siding
Roof
Metal
Windows
Insulated Windows, Window Treatments

Interior

Rooms
Basement, Bathroom x 3, Bedroom x 4, Dining Room, Family Room
Flooring
Carpet, Laminate, Newer Floor Covering, Tile, Vinyl
Appliances
Dishwasher, Double Oven, Dryer, Electric Water Heater, Microwave, Oven, Range/Oven, Refrigerator, Washer
Features
Built-In Features, Cable High Speed Internet, Ceiling Fan(s), Newer Paint, Shelving

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected

Nearby schools

NameLevelDistrictDescription
CastlewoodElementary
CastlewoodMiddle
CastlewoodHigh

Listing history

DateEventPriceChangeSource
May 12, 2025New listing$2,500,000SWVAR
Subscribe to listing updates

Payment calculator

This 224-acre property is located at 123 Luttie Banner Rd in Castlewood, VA 24224. The property is available for sale for $2,500,000. It has a 2,913 sq ft 4 bedroom, 3 bath house built in 1925.

Checked 1 hour ago — Updated

Report listing issue

Copyright (C) 2025 Southwest Virginia Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Message rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact