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Tbd Old Fire Tower Ln, Penhook, VA 24137

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For Sale

$698,000

278 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 278 acres
    Lot size

Explore this Property

Nestled in the rolling hills of Franklin Co, VA, this 278+/- acre unrestricted land tract offers the perfect mix of timber investment, recreation, & mountain beauty. The property is primarily composed of an established pine plantation, featuring 12+ year-old planted pines that enhance both the visual appeal & long-term financial potential of the land. These stands are ideal for future timber income through thinning or harvest while also serving as prime habitat for deer, turkey, & more. The open understory beneath the pines makes it easy to navigate the property, with over 1.4 mi of internal trails connecting ridgelines, old logging decks, & creek access points. 2 bold mountain creeks including Grassy Fork Creek merge on the western boundary, creating over 1 mile of year-round flowing water that winds through shaded hollows, rocky outcroppings, & gentle bottomland. Across the higher elevations, several ridgetop build sites offer the potential for sweeping panoramic views looking west & north across the Blue Ridge foothills, with ample acreage to design a private mountain home, hunting lodge, or family retreat. The property also borders the Turkeycock WMA, granting direct access to over 2,600 acres of additional public land for hunting, hiking, & exploration. This unique connection expands the usable recreational area far beyond the deeded boundary, offering a highly coveted & unique feature among private tracts in SW VA. Scattered boulders & natural rock walls add both visual appeal & define the property's rugged mountain character. Located less than 25 min from Rocky Mount & Smith Mountain Lake & under 1 hour from Roanoke, this tract strikes the perfect balance between seclusion & convenience. Its combination of timber value, abundant wildlife, water resources, & build potential makes it a true standout in today's land market ideal for those seeking tangible investment growth & recreational freedom in 1 of Virginia's most scenic regions. Shown by appt.
MLS# 103804

Courtesy Of M.O.P. OUTDOOR REALTY LLC

(540) 299-7238

Property Features

  • Amenities
    Water Front
  • Architecture Style
    Other
  • Lot Size
    278 Acres

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Directions to Tbd Old Fire Tower Ln, Penhook, VA 24137

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.