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Residential Land for Sale in Fancy Gap, Virginia

Covered Bridge Trl Lot: See Addendum, Fancy Gap, VA 24328

$50,000
5.37 acres
Active
Est $388/mo

A rare opportunity awaits with this exceptional offering-18 lots totaling 5.3693 acres, all for one price. Whether you envision creating a private mountain retreat surrounded by nature or developing multiple homes for income and vacation rental potential, this property offers endless flexibility. Build one in the heart of it all for complete seclusion, or take advantage of multiple build sites across the gently rolling terrain. These wooded lots are truly a bargain, priced at nearly half of the combined tax assessment. The community features amenities designed to enhance your mountain lifestyle, including a stocked fishing pond, a stunning waterfall, and a charming covered bridge with a shaded picnic area perfect for gatherings. Light restrictions are in place to protect your investment-campers and mobile homes are not permitted-ensuring the neighborhood maintains its clean and consistent appearance. Located just 2 miles from the Blue Ridge Parkway, this development offers quick access to scenic drives, hiking, and local attractions, yet still feels like a well-kept mountain secret. You're less than 20 minutes from town for shopping, 28 minutes to Mount Airy, NC, about an hour to Winston-Salem, 75 minutes to Blacksburg, 90 minutes to Greensboro, and under two hours to Charlotte. Whether your goal is to build a collection of cozy chalets or one grand mountain home surrounded by forest and tranquility, this property provides limitless potential and unbeatable value in one of Carroll County's most beautiful and peaceful settings.

Location

Street address
Covered Bridge Trl Lot: See Addendum
Community
Little Water Falls
Elevation
2,402 feet
Coordinates
36.6426, -80.6716

Directions

77 S Exit 8: Turn left on Chances Creek Rd, go to end of road, and turn right on Fancy Gap Highway. Go 0.9 mile then left on Ranger Rd. Go to end, then turn left on Blue Ridge Parkway. Continue to first Right on Lightning Ridge Rd. Then take first right Elk Spur Rd. Go 1.8 miles, then turn left on Little Waterfalls Trl. Go to the end of Little Waterfalls Trl, then turn left on Covered Bridge Trl. Property is 7th on the R. For GPS, use 662 Covered Bridge Trl, it's before you get there on R.

Property details

Acreage
5.369 acres
Zoning
R1
MLS #
SWVAR 103836
Posted

Property taxes

2024
$555

Details and features

Listing

Type
Land

Lot

Features
Wooded

Structure

Sewer
Perc Test On File

Property utilities

CategoryTypeStatusDescription
PowerGridAvailable

Nearby schools

NameLevelDistrictDescription
Fancy GapElementary
Carroll County IntermediateMiddle
Carroll CountyHigh

Listing history

DateEventPriceChangeSource
Oct 21, 2025New listing$50,000SWVAR
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This 5.369-acre property is located at Covered Bridge Trl Lot: See Addendum in Fancy Gap, VA 24328. The property is available for sale for $50,000 with a price per acre of $9,313.

Checked 48 mins ago — Updated

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