For sale
765 Water Wheel Road
Galax, VA 24333
$550,000
- 2,788sq ft
- 3.3acres
Listed by Pamela Montgomery, Berkshire Hathaway Home Services Mountain Sky Properties-Wythev
About this home.
Twin Brooks Lodge offers a rare investment opportunity combining income-producing apartments, historic charm, and unique property features. Originally built to accommodate tourists as an Airbnb, the property now provides housing for five full-time tenants. The apartment building features five efficiency apartments, including one handicap-accessible unit. Each apartment offers 1 bedroom, 1 bath, a living area, and an eat-in kitchen equipped with a refrigerator, microwave, hot plate, and sink. Hardwood floors and mini-split heating and cooling provide comfort and easy maintenance. Adding to the property's character is a 2 bedroom historic log cabin, previously used as a rental and currently vacant add more income producing potential. The cabin is being sold as-is. Additional historic features include a log kitchen/shelter and a grist mill. Enjoy the peaceful setting and soothing sounds of two streams flowing through the property. A truly unique investment property.
Facts and features.
The home
- Type
- Multi-family (Apartment Building)
- Levels
- One
Inside
- Basement
- Crawl Space
Community
- County
- Grayson County
The listing
- Source
- New River Valley Association of REALTORS® MLS #428661
Price and status history.
62
days on market
| Date | Event | Price |
|---|---|---|
| Sep 12, 2026 | Listed for sale | $550,000 |
Price per square foot
Asking price per finished square foot, compared with the median of 14 multi-familys sold in the region in the last 12 months. 56% above the median.
Location.
765 Water Wheel Road, Galax, VA 24333
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Listing information
Listing courtesy of Pamela Montgomery, Berkshire Hathaway Home Services Mountain Sky Properties-Wythev.
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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