TBD Five Mile Mountain Road,Callaway, VA 24067

$ 99,950
    TBD Five Mile Mountain Road,  Callaway, VA 24067
    Price:$ 99,950
    Lot Size:57.65 acres

    Views ~ Stream ~ Trails

    • Owner Financing Available! New Price!
    • 1.5 Miles to Blue Ridge Parkway Access
    • New Survey
    • Bold Stream - Pigg River Headwaters
    • Trails, Good Private Road, Underground Utilities Available

    New price with owner financing available!

    Mountain view homesites only 1.5 miles to Blue Ridge Parkway entry. Enjoy your own native hardwood forest as a backyard. Trails for ATV and hiking adventures. Great hunting with abundant wildlife and cool mountain stream. 
    The headwaters of the Pigg River flow through the tract for approximately 1,600 feet with another 800 feet of a tributary stream, both with a gorgeous series of clear pools and small falls.
     Well-graded private road. Easement in place to extend nearby underground electrical service. Recent survey with a marked boundary.  Land has areas suitable for clearing for pasture, gardens, food plots or home sites.  Deeded restrictions prohibit mobile homes, vinyl siding or commercial uses, but do not have a minimum or maximum home size and allow horses, hunting, and forestry.

    Adjacent to over 100 acres of similarly restricted land.

     Only 12 miles to Floyd, 17 miles to Rocky Mount, and 30 miles to Roanoke.

    *This property can also be sold as two smaller tracts both with dramatic mountain views! 
    Tract A1 (MLS# 850063): 29.65 acres +/- at $54,900 
    Tract A2 (MLS# 850065): 28 acres +/- at $54,900

    Each tract is ready for a lovely, secluded home with acreage; or buy both for an exceptional private estate, hunting camp, or cabin retreat! 
    ~A rare find of private, scenic, and beautiful mountain land.~

    Owner financing now available with 25% down at 6% interest rate for 3 years.

    Mortgage Calculator
    Down Payment:
    Terms (in Years):
    Monthly Payment:
    Payment Estimator
    Total:$99,95020% Down:$19,990Financing:$79,960
    30 Yr Fixed*
    3.77 %
    (3.92% APR)
    $371 / month
    15 Yr Fixed*
    3.23 %
    (3.39% APR)
    $561 / month
    5/1 ARM*
    3.52 %
    (3.94% APR)
    $360 / month

    *Rates for April 2020. Information displayed is accurate as of the date of the latest update and is subject to change without notice. Loan pricing can only be locked through a home mortgage consultant. Other restrictions may apply. The Rate/APR and other terms may vary from those displayed based on the creditworthiness of the borrower, the type of dwelling, whether the borrower is self-employed, the location of the property and other factors. Please contact a lender in your area to determine what rates you qualify for.

    **Rates calculated from national averages.  To determine rates in your area please contact your local lender.

    Local Schools

    School NameTypeDistanceGreatSchools Rating
    Callaway Elementary School
    8451 Callaway Rd, Callaway, VA 24067
    (540) 483-0364
    3.84 mi
    Check Elementary School
    6810 Floyd Hwy North, Check, VA 24072
    (540) 745-9464
    4.96 mi
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    David Hurt

    Wainwright & Co. - REALTORS

    16503 Booker T. Wash HWY
    Moneta, VA 24121

    (540) 598-9645
    REALTORREALTOREqual Housing Opportunity

    Licensed in Virginia. Lic. # 0225211945

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