land

Tbd Paint Bank Rd, New Castle Va 24127
  • $60,000
  • MLS #:139217

Property Type: land
Area: New Castle
Water View: Creek/Stream
Land Description: Level
Water: Public Water Avail
Sewer: Public Sewer Avail
Features: Creek Frontage
Annual Taxes: 120.12
Tax Year: 0
Directions: from New Castle proceed north on Rt 311 0.3 miles and property will be on the right.
Assessed Value: 23100.00
Conservation Easement: No
Deed Book: 120/65
Elementary School: Other
Middle School: Other (Use Remarks)
High School: Craig High
Land Use: No
Plat: Yes
POA: No
Road Maintenance Agreement: No
Road Maintenance Amount: 0.00
Road Frontage: State Road
Subdivision? No
Tax Map #: 47A5-A-10D
Tax Rate: .52
Zoning: Agricultural
Lot Use: Combination,Residential,Single Family
Discover an exceptional opportunity to invest in a versatile 2.046-acre parcel of land, ideally situated in scenic New Castle, Virginia. This property features approximately 700 feet of frontage along the beautiful Johns Creek and 482 feet of direct road frontage along a straight, highly visible stretch of State Route 311. Currently zoned A-2, the lot offers tremendous potential with the possibility for rezoning to Commercial, opening the door to a wide range of development options. Whether you're an investor, developer, or entrepreneur, this property presents a blank canvas limited only by your imagination. Its prime location and dual frontages make it ideal for a variety of uses. Picture a charming waterside restaurant, a thriving greenhouse or garden center, a sporting goods store, or

even your dream home nestled by the creek. The serene natural surroundings paired with strong accessibility create the perfect blend for both commercial and residential visions. Utilities such as electricity and public water are nearby, helping to reduce development and connection costs. The lot's direct access to Route 311 ensures excellent visibility and ease of access for future customers or residents, further enhancing its commercial viability. This property combines location, potential, and affordability, making it a rare find in today's market. Craig County offers unparalleled access to outdoor recreation, with thousands of acres of public land ideal for hiking, mountain biking, hunting, and horseback riding. The Appalachian Trail, featuring iconic landmarks like McAfee's Knob and Dragon's Tooth, is nearby, along with fishing and paddling hotspots like Barbours Creek and Craigs Creek. Additional attractions include Fenwick Mines, Potts Mountain Jeep Trail, Potts Creek, and Wilderness Adventure at Eagle Landing. The area is perfect for camping, stargazing, and disconnecting in nature's peace and quiet. Established in 1851, Craig County spans about 328 square miles66% of which is public land. It had a 2023 population of 4,880 and is served by one K-12 campus under Craig County Public Schools. The county seat, New Castle, is the only incorporated town. Residents enjoy a close-knit community, low crime, and a slower, more peaceful lifestyle. Don't miss your chance to

Updated: 4/26/25
Status: Active
Courtesy of
Virginia Land and Farms Inc

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