For sale

7892 Craig Valley Dr

New Castle, VA 24127

$1,450,000

  • 7beds
  • 5.5baths
  • 7,640sq ft
  • 3.5acres
  • 1935built

Listed by Nest Realty Roanoke

About this home.

Truly one-of-a-kind, this exceptional property with a successful Air BnB history offers a main residence and guest cottage surrounded by nearly 4 acres of beautiful countryside along Craigs Creek. Extraordinary custom stonework, private waterfront areas, mature boxwoods, and thoughtfully designed outdoor spaces create a setting that simply cannot be replicated. The main home features 5 bedrooms and 4 baths, with spacious rooms and inviting gathering areas. Natural materials and thoughtful architectural details create a warm and welcoming atmosphere throughout. A dedicated man cave provides an additional space for recreation and entertaining. Outdoor living is the heart of this property, with multiple decks and gathering spaces overlooking the creek. Enjoy the creekside firepit or relax in either of the two hot tubs. The custom stone-lined creek is a true highlight, offering opportunities for catch-and-release fishing, kayaking or splashing around in the swimming hole. Beautiful garden areas and mature plantings add to the property's timeless character. The property also offers two garages, including one with an attached office and another with additional storage below. A separate workshop area is attached to the main home, providing plenty of room for projects, equipment, and hobbies. Conveniently located close to Salem and Roanoke this property offers the perfect escape.

Facts and features.

The home

Type
House (Single Family Residence)
Style
Ranch
Bathrooms
5 full, 1 half

Inside

Basement
Full, Walk-Out Access, Sump Pump
Finished basement
1,373 sq ft
Fireplaces
3
Flooring
Laminate, Tile, Wood
Appliances
Microwave Oven (Built In), Wall Oven, Dryer, Washer, Dishwasher, Disposal, Electric Range, Gas Range, Refrigerator
Interior features
Bookcases, Central Vacuum, Whirlpool Bath, Hot Tub

Outside and lot

View
river
Lot setting
Cleared

Utilities

Heating
Heat Pump Gas, Heat Pump Electric
Cooling
Central Air
Water source
Private Well

Community

HOA dues
None
County
Craig County

The listing

Source
Roanoke Valley Association of REALTORS® MLS #931206

Price and status history.

66

days on market

DateEventPrice
Sep 8, 2026Listed for sale$1,450,000

Price per square foot

This home$190
New Castle house median$176

Asking price per finished square foot, compared with the median of 27 houses sold in New Castle in the last 12 months. 8% above the median.

Location.

7892 Craig Valley Dr, New Castle, VA 24127

Estimate a monthly payment.

Every number below is yours to change. The interest rate is an example, not a quote.

$7,743/mo

Principal and interest
$7,332
Property tax
$311
Home insurance
$100
HOA dues
None listed

Loan amount $1,160,000

Example rate only. Change it to the rate a lender offers you.

From the listing. Taxes can change after a sale.

Example. Use your quote.

An estimate for planning only. It is not a loan offer or a rate quote, and it leaves out mortgage insurance and closing costs. A lender can give you exact numbers.

Listing information

Listing courtesy of Nest Realty Roanoke.

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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