For sale

15 Lots Covered Bridge Trl

Fancy Gap, VA 24328 · Little Water Falls

$62,500

  • 4.5acres

Listed by BHHS- Mountain Sky Properties-Hillsville

About this land.

A rare opportunity to secure 15 contiguous lots totaling 4.5267 acres, all offered together for one price. This unique property presents exceptional potential for investors seeking multiple build sites for resale, rental income, or long term hold, while also offering the option to create a private mountain retreat surrounded by nature. With gently rolling terrain and wooded surroundings, you can choose to develop several homes or build one residence tucked away for maximum privacy and seclusion. Priced at nearly half of the combined tax assessment, this offering delivers immediate value with flexibility to match a variety of goals. The seller is offering owner financing options to qualified buyers, including a 2 year term at 0 percent interest, a 5 year term at 5 percent interest, and an 8 year term at 8 percent interest, each requiring a substantial down payment. These options create additional opportunity for investors and buyers seeking more flexible terms. The community offers access to 4 well maintained common areas, including 2 private fishing ponds, a picnic shelter with an estimated 60 mile view, and a covered bridge complete with a picnic shelter. Light restrictions are in place to protect property values, as campers and mobile homes are not permitted. Located just 2 miles from the Blue Ridge Parkway, the property offers easy access to outdoor recreation while maintaining a peaceful setting. Conveniently situated within 20 minutes of local shopping, 28 minutes to Mount Airy North Carolina, approximately 1 hour to Winston Salem, 75 minutes to Blacksburg, 90 minutes to Greensboro, and under 2 hours to Charlotte. This is a versatile opportunity combining investment upside, natural beauty, and privacy in one of the most desirable areas of Carroll County.

Facts and features.

The land

Type
Land (Unimproved Land)

Outside and lot

Zoning
R1

Utilities

Water source
None
Sewer
Perc Test On File

Community

Subdivision
Little Water Falls
HOA dues
Yes
County
Carroll County

The listing

Annual tax
$500 (2025, from the listing)
Source
Southwest Virginia Association of REALTORS® MLS #110117

Price and status history.

181

days on market

DateEventPrice
Oct 17, 2026Listed for sale$62,500

Location.

15 Lots Covered Bridge Trl, Fancy Gap, VA 24328

Listing information

Listing courtesy of BHHS- Mountain Sky Properties-Hillsville.

Displayed by GRAVITY Real Estate Group.

Information last updated .

Listing information is provided 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 is deemed reliable but is not guaranteed and should be independently verified. Listings are courtesy of the listing brokerage shown with each property.

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