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Land for Sale in Blacksburg, Virginia

484 Mill Pointe Dr, Blacksburg, VA 24060

$825,000
41.8 acres
Active sale
ago
Est $5,805/mo

Extraordinary 41.8-ac legacy parcel in Blacksburg offering stunning privacy, sweeping long-range views of Paris Mountain, 1,800 ft of stream frontage, and the remains of historic Luster’s Mill—7 minutes to VT. Indian Run winds through the property, attracting abundant wildlife—offering a rare neighborhood setting with hunting permitted on your own land. Uniquely positioned in Luster’s Mill neighborhood, benefiting from expanded HOA allowances including up to 6 detached structures permitted for residence, barn, agricultural buildings w/explicit approval to construct outbuildings prior to the main residence. Residential and agricultural use allowed. May be further subdivided, already has approval. Property benefits from a private recreational trail easement connecting to neighborhood trail system, horseback allowed. Significant ($200k+) infrastructure investment completed incl driveway, grading, fencing, old building removal and site prep including perc. Architectural site plans avail.

Location

Street address
484 Mill Pointe Dr
Community
Lusters Mill
School district
Montgomery County
Elevation
1,872 feet

Directions

From N Main St in Blacksburg, turn L onto Roanoke St, turn R onto Harding Ave, turn L onto Mill Pointe Road, property is on left near the end of the road.

Property details

Acreage
41.791 acres
Zoning
Agricultural
MLS #
NRVMLS 426843
Posted

Property taxes

2025
$2,886

Expenses

Home Owner Assessments Fee
$350 annually

Parcels

  • 032493

Legal description

Details and features

Listing

Type
Land
Franchise
RE/MAX International

Nearby schools

NameTypeDistrict
KippsElementaryMontgomery County
BlacksburgMiddleMontgomery County
BlacksburgHighMontgomery County

Listing history

DateEventPriceChangeSource
Apr 4, 2026New listing$825,000NRVMLS
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This 41.791-acre property is located at 484 Mill Pointe Dr in Blacksburg, VA 24060. The property is available for sale for $825,000 with a price per acre of $19,741.

Checked 1 hour ago — Updated

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