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Bluffview's Gem: Tract 5 - Your Ideal Haven in Castlewood, Virginia

$48,270 • 12.24 Acres +/-

Castlewood, VA • Russell County

This property is located in Castlewood, VA in Russell County.

Listing ID:23153

Posted Dec 20, 2023
Owner Financing Available

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Bluffview in Castlewood, Virginia, presents an enticing opportunity to own a piece of the breathtaking Appalachian Mountain region. The area boasts rolling hills, lush forests, and winding rivers, creating an ideal haven for nature enthusiasts and those seeking serene surroundings. Land parcels of various sizes offer prospective buyers the chance to select a property suitable for residential living, establishing a vacation home, or creating a recreational retreat. Nearby lakes and reservoirs, such as Flannagan Reservoir and Laurel Bed Lake, provide opportunities for boating, kayaking, and canoeing, as well as idyllic spots for picnics and leisurely moments by the water's edge. Fishing aficionados will relish the wealth of rivers, lakes, and streams teeming with diverse fish species. Notably, the Clinch River, coursing through the county, is esteemed for its exceptional fishing prospects and is recognized as one of North America's most biodiverse river systems.

Tract 5, spanning 12.24 acres, encompasses a blend of wooded areas and open timbered meadows. With access to the county road and power supply, this lot offers a mix of privacy and unobstructed vistas, making it an excellent choice for constructing a family home or transforming it into a weekend retreat. Moreover, this property provides ample space for a camper, RV, feeders, stands, and more.

Price details for Owner Financing:
- Purchase price: $48,270
- Down payment: $2,000
- Interest rate: 9.99%
- Term: 30 years (other options avail upon request)
- Your monthly payment: $405.71
- Doc fee: $199

The zoning allows Residential/Recreational. Currently, the approximate annual property taxes calculate to less than $5 per acre, per year.

This scenic property is approximately 10 miles west of Lebanon, Virginia, and 42 miles north of Kingsport, Tennessee.

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