2351 Reese Mountain RD, Elliston, VA 24087
$499,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
313,632
Status:
Active
Current Price:
$499,000
List Date:
3/25/2025
Last Modified:
10/27/2025
Description
Discover the potential of this unique 7.2-acre property, ideally located just off the interstate with easy access to Virginia Tech & Roanoke! A former small farm, this private retreat offers multiple opportunities for investment, residential, & possible commercial use. The main brick home features unfinished square footage, perfect for adding quick value. A whole-house generator, outdoor wood furnace, & hardwood floors add to its appeal. A second brick home also sits on the property, providing excellent rental income potential. The land is mostly fenced, with a tool shed/outdoor storage & a parcel bordering the North Fork Roanoke River. Positioned at the foot of the Fort Lewis Mountain range, this property is ideal for those seeking privacy & versatility. For those considering commercial
Supplements: ventures, the location offers strong potential for storage units, parking, or a truck repair facility. Don't miss this rare opportunity to own a multi-use property in a prime location!
More Information MLS# 914987
General Property Description
Multi-Family Type: Other - See Remarks
Construction Status: Completed
Total Acreage: 7.2
# Furnished: 0
# Unfurnished: 2
# Leased Units: 0
Gross Bldg SQFT: 3023
Basement Y/N: Yes
Water Class: N/A
Parking Description: Private (10 or More)
Gross Income: 0
Year Built: 1966
Number of Units: 2
Location, Tax & Legal
Major Area: 10 - Montgomery County
Phase: 0
Lot: 0
Block: 0
Tax ID: 015956
Annual Taxes: 1923
Section: 0
POA Y/N: No
Area: 1000 - Montgomery County
Street Number: 2351
Street Name: Reese Mountain
Street Suffix: RD
State/Province: VA
Zip Code: 24087
Subdivision: N/A
Municipality: Montgomery County
Elementary School: Eastern Montgomery
Middle School: Shawsville
High School: Eastern Montgomery
Remarks & Misc
Directions: From Interstate 81, take Exit #128, turn R on Reese Mountain Rd, Property on L, just over the RR tracks.
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Vinyl: 1
Basement
Full: 1
Heating
Heat Pump Electric: 1
Cooling
Central Air: 1
Water Description
Private Well: 1
Sewer Description
Private Septic: 1
Water Heater Energy
Electric: 1
Owner Expenses
Other - See Remarks: 1
Tenant Expenses
Other - See Remarks: 1
Contract Information
Current Price: $499,000
List Price: $499,000
List Date: 2025-03-08
Status: Active
Property Features
Limited Service: Not Limited Service
Construction: Brick; Vinyl
Basement: Full
Heating: Heat Pump Electric
Cooling: Central Air
Water Description: Private Well
Sewer Description: Private Septic
Water Heater Energy: Electric
Owner Expenses: Other - See Remarks
Tenant Expenses: Other - See Remarks
Listing Office:
LYONS TEAM, REALTORS®
Last Updated: October - 27 - 2025
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