Sold

484 Mill Pointe Drive

Blacksburg, VA 24060 · Lusters Mill

Sold for $915,000

on Apr 28, 2026

  • 42acres

Listed by RE/MAX 8 - Blacksburg

About this land.

Extraordinary 41.8-ac legacy parcel in Blacksburg offering stunning privacy, sweeping long-range views of Paris Mountain, 1,800 ft of stream frontage, and the remains of historic Luster’s Mill—7 minutes to VT. Indian Run winds through the property, attracting abundant wildlife—offering a rare neighborhood setting with hunting permitted on your own land. Uniquely positioned in Luster’s Mill neighborhood, benefiting from expanded HOA allowances including up to 6 detached structures permitted for residence, barn, agricultural buildings w/explicit approval to construct outbuildings prior to the main residence. Residential and agricultural use allowed. May be further subdivided, already has approval. Property benefits from a private recreational trail easement connecting to neighborhood trail system, horseback allowed. Significant ($200k+) infrastructure investment completed incl driveway, grading, fencing, old building removal and site prep including perc. Architectural site plans avail.

Facts and features.

The land

Type
Land

Outside and lot

Water
Stream Frontage
Zoning
Agricultural

Community

Neighborhood
Lusters Mill
HOA dues
$350 annually
County
Montgomery County

The listing

Annual tax
$2,886 (2025, from the listing)
Source
New River Valley Association of REALTORS® MLS #426843

Price and status history.

5

days on market

111%

of the original asking price

DateEventPrice
Apr 28, 2026Sold$915,000
Apr 4, 2026Listed for sale$825,000

Location.

484 Mill Pointe Drive, Blacksburg, VA 24060

Schools.

Assigned by attendance zone. Boundaries can change; confirm with Montgomery County Public Schools. Distances are straight-line.

The neighborhood

Lusters Mill.

1

home sold, last 12 months

Listing information

Listing courtesy of RE/MAX 8 - Blacksburg.

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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