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5423 Indian Draft Rd

Covington, VA 24426
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Bed 4

Bed

Bath 1

Bath

SqFt1,564

Sqft

Acres22

Acres(Lot)

Escape to your own PRIVATE MOUNTAIN PARADISE in Western Alleghany County! This remarkable 22-acre wooded property offers the perfect blend of natural beauty, outdoor adventure, and investment potential; located just minutes from the world-renowned GREENBRIER RESORT and LAKE MOOMAW. The acreage features stunning mature trees and beautiful topography, making it an absolute haven for hunting, fishing, and all types of outdoor recreation. A standout feature of this property is the ELEVATED BUILDING SITE, offering the perfect canvas to design and build your custom dream home surrounded by nature. Moreover, there's a stream running through the property near the existing home, that presents a perfect space to build a nice fishpond. The property currently features an existing 1,564 sq ft frame house. While the home needs some TLC, it presents an incredible opportunity. You can renovate it to use as a guest house, a dedicated hunting cabin, or generate secondary rental income while building your main residence. Whether you are looking for a permanent homestead, a weekend retreat, or a savvy investment with endless recreational possibilities, this Western Alleghany gem is a rare find. Schedule your tour today and bring your vision to life! This parcel is owned by a Licensed Real Estate Broker. The schools include: Callaghan Elementary School, Covington Middle School and Alleghany High School.

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Detail Ic Property Details

Property Type : Residential

Price : $99,500

AD Id : 91619450

MLS Id : 931928

Beds : 4

Lot Size : 22 Acres

Living Area Size : 1,564 Sq. Ft

Tax Amount : $690.41

Year Built : 1946

County : Alleghany County

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Has Basement: Yes Basement: Partial
  • Flooring Information

    Carpet, Vinyl, Wood
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Electric, Forced Air, Heat Pump Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1946 Building Area Total: 2737 Construction Materials: Block, Wood Siding Private Pool: No Water front Features: Stream
  • Exterior Features

    Exterior Features: Garden

  • Lot Information

    Main Square Feet: 22 Acres Lot Size Acres: 22 Lot Size Square Feet: 958320 Lot Description: Cleared, Wooded

    Property Information

    Subdivision: N/A Source Property Type: Residential MLS Area Minor: 2700 - Alleghany County Property SubType: Single Family Residence Levels: One Property Age: 80

  • Listing Price Information

    Listing Price: $99500

  • Tax Information

    Parcel Number: 02200-00-000-0390 Tax Lot: N/A Tax Block: N/A Annual Tax: $690.41

  • School Information

    Elementary School: Other - See Remarks
    Junior High School: Other - See Remarks
    Senior High School: Other - See Remarks
  • Location Information

    Direction: From Exit 10, I-64 turn left. Follow US 60 past the Marathon and bare right. Turn right on Indian Draft Rd. The parcel is approximately 2.5 miles on your right. WaterSource: Private, Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7506 Roaring Run Rd, Covington, VA, 24426 $229,000 2 1 1,000 9.56 Acres
1408 Hatcher Ave, Covington, VA, 24426 $125,000 4 1 1,638 0.30 Acre
Dry Run Overlook, Covington, VA, 24426 $82,000 -- -- -- 8.75 Acres
449 E Madison St, Covington, VA, 24426 $199,500 3 2 1,596 --
314 E Pennsylvania Street, Covington, VA, 24426 $109,000 3 1 1,134 0.15 Acre
211 E Marshall St, Covington, VA, 24426 $15,000 2 1 851 0.17 Acre
222 E Gordon St, Covington, VA, 24426 $179,000 3 3 1,816 0.21 Acre
303 E Fairlawn Dr, Covington, VA, 24426 $299,900 3 2 2,050 0.72 Acre
2817 S Carpenter Dr, Covington, VA, 24426 $112,500 2 1 998 0.25 Acre
312 E Madison St, Covington, VA, 24426 $359,000 4 3 2,646 0.36 Acre

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ByOwner last updated this listing 10/10/2026 @ 00:41

MLS: 931928 LISTED BY: MONTY BOWMAN, HIGHLANDS REALTY & ASSOCIATES LLC SOURCE: Roanoke Valley Association of REALTORS

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