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Contact Information
Jonathan Stamper
(C) (276) 781-8270
Appalachian Realty Co.
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Listing Details
MLS Number: 91558
List Price: $595,000
Property Type: Land-Farms-Acreage
County: Russell
Address: Gray Farm Rd.
Area: Lebanon
City: Lebanon
State: VA
Zip Code: 24266
Apx Total Acreage: 221
Lot Dimensions:  
Property Status: A
Public Remarks: What would you do with 221 acres just outside the town of Lebanon in beautiful Russell County? Would you graze your livestock on the bountiful forage produced by the mineral-rich soils and ideal grazing climate, or maybe manage the abundant deer/wildlife populations and the pond tucked away in a hidden corner to create your very own outdoor recreation paradise? Or, would you take advantage of the multiple sites with spectacular long-range mountain views to build your dream home? Maybe you are looking for a solid investment opportunity for residential development? This property would allow you to do all of this, and more! In fact, as it is comprised of ten tracts, you can pursue multiple ventures simultaneously. 1.5 miles of road frontage on Rt. 71, Gray Farm Rd., and Fincastle Estates, Includes a small older house and a good solid barn. Don't let this opportunity slip away! Motivated seller, price reduced to less than $2, 700 per acre.
Street #: TBD
Subdivision: N/A
Elementary School: Lebanon
Middle School: Lebanon
High School: Lebanon
Water Front: Pond
Water View: Pond
Apx % Cleared:  
Lot Number: see addendum
Deed Book/Instrument: 2200077
Deed Page: n/a
Plat Book:  
Plat Page:  
Tax Map #: 116R 2739
Zoning: n/a
Distance to National Park (miles):  
County Taxes: 3645.18
Town Taxes:  
Tax Year: 2023
Land Use: Yes
Leased Land:  
Additional Structures: House, barn
Equipment Leased: n/a
Road Frontage Feet: 7900
Water Frontage Feet:  
Legal Description:  
Listing Conditions: Not Applicable
VOW Comment: No
Display Address: Yes
Contract Date:  
Directions: From downtown Lebanon, head west on Main St., after approximately 1 mile, turn right onto Rt. 71. After 1.6 mile, turn right onto Gray Farm Rd. Also see road frontage on Rt. 71, Valley Drive, and Fincastle Estates. For GPS navigation, go to 53 Gray Farm Rd., Lebanon, VA.
Addendum: Additional Tax Map Nos.: 116 R IA1 2739A, B, C, E, F, H, I, J, &K Includes certain acreage that was previously part of the Fincastle Estates subdivision. Property also adjoins Russel County Industrial Park.
Access: County Road, Paved, State/County Highway, Unpaved, 4 Wheel Drive Recommended, Other-See Remarks
Electric: Available
Gas: None
Water Supply: Available, Other
Sewer: Unknown
Mineral Rights:  
Extras: Barn, Can Be Divided, Fencing, Livestock Permitted, Outbuildings
Documents on File: Deed, Tax Map
Restrictions: None
Possible Use: Current Use, Farm, Industrial, Mobile Home, Multi-Family, Single Family, Subdivision, Acreage
Lot Description: Farm Lot, Irregular, View
Disclosures: See Property Disclosure, None
Topography: Mixed, Mostly Hilly, Pond, Sloping, Steep
Fencing: Livestock, Partial
Showing Instructions: Beware of Animals, Call Listing Agent, Keep Gate Closed, Schedule Through Navica
Possession: At Closing
Terms: Cash, Conventional
Sale Contingent On:  
Listing Office: Appalachian Realty Co. (#:9)
Listing Agent: Jonathan Stamper (#:651)
Agent Name: Jonathan Stamper (#:651)
Days on Market: 61
Office Name: Appalachian Realty Co. (#:9)
Price Per ACRE: $2,692.31
Selling Agent Name:  
Selling Office Name:  
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the SW VA Association of REALTORS® Multiple Listing Service. The SWVAR IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information herein is deemed reliable but not guaranteed, representations are approximate, individual verifications are recommended. Copyright 2016 Southwest Virginia Association of REALTORS. All rights reserved.