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Improved Residential Land for Sale in Indian Valley, Virginia

148/158 Vaughns Mill Rd, Indian Valley, VA 24105

$699,900
5 acres
Active sale
ago
Est $3,738/mo

Have you been searching for a multi-family property in Floyd County? This is the one you've been waiting for! Situated on 5 beautiful acres with stunning mountain views, this rare property features two spacious homes, making it perfect for multi-generational living, rental income, or anyone needing extra space.The main home offers 5 bedrooms and 3 bathrooms, including a primary suite on the main level. Upstairs, you'll find an additional living room, providing plenty of room for everyone to spread out. The updated kitchen, newer flooring throughout, and screened-in back porch create the perfect blend of comfort and functionality. Outside, enjoy a fenced backyard that's ideal for children and pets. The second home, a 5-bedroom, 3-bath doublewide, has also been beautifully updated with a renovated kitchen, newer flooring throughout, and updated windows. Both homes are equipped with heat pumps for year-round comfort. Properties like this don't come along often in Floyd County. Whether you're looking for a family compound, investment opportunity, or space to grow, this one checks all the boxes. Schedule your private showing today before it's gone!

5,327
Sq feet
2009
Built

Location

Street address
148/158 Vaughns Mill Rd
Zip code
24105
Elevation
2,799 feet
Coordinates
36.8611, -80.5485

Directions

I-77 S exit 81 towards Charlotte, take exit 14, take ramp to Hillsville, Turn left onto US-221 N/Carrollton Pike, 2.8 mi turn left on US-221 N/Floyd Pike, 12 mi turn left onto State Rte 624, 1.2 mi keep left on State Rte 759, 200 ft property on left, see sign.

Property details

Acreage
5 acres
Zoning
Res
MLS #
SWVAR 110792
Posted

Property taxes

2025
$1,943

Details and features

Listing

Type
Residential Multi Family
Unit Count
2
Franchise
Independent

Lot

Features
Wooded

Exterior

Fencing
Fenced
Structures
Outbuilding
Features
Garden, Lighting

Structure

Basement
Crawl Space
Water
Well
Sewer
Shared Septic
Heating
Central, Heat Pump
Cooling
Central Air
Materials
Brick, Vinyl Siding
Roof
Shingle
Windows
Insulated Windows, Vinyl Frames

Interior

Flooring
Carpet, Laminate, Newer Floor Covering, Tile
Fireplaces
Yes
Appliances
Dishwasher, Range, Range Hood, Refrigerator
Features
Walk-In Closet(s)

Property utilities

CategoryTypeStatus
GasPropaneConnected

Nearby schools

NameType
Floyd CountyElementary
Floyd CountyMiddle
Floyd CountyHigh

Listing history

DateEventPriceChangeSource
June 30, 2026New listing$699,900SWVAR
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This 5-acre property is located at 148/158 Vaughns Mill Rd in Indian Valley, VA 24105. The property is available for sale, priced at $699,900. It has a 5,327 square foot structure built in 2009.

Listed by Short Way Real Estate, (276) 620-0150

Checked 1 hour agoUpdated Source

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