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$99,500
5423 Indian Draft RD
Covington, VA 24426
MLS# 931928
4 beds  |  1 baths  |  2737 sqft


5423 Indian Draft Rd.
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5423 Indian Draft Rd. 2-Car Garage Home and 2-Car Garage Left Side of Home Great Area for a Pond Well House Cleared Level Land 200-AMP Meter Base Additional Frame Home on the Ridge Road to the Elevated Building Site Excellent Building Site Wooded Acreage with Mature Trees IMG_2155

Property Description
Escape to your own PRIVATE MOUNTAIN PARADISE in Western Alleghany County! This remarkable 22-acre wooded property offers the perfect blend of natural beauty, outdoor adventure, and investment potential; located just minutes from the world-renowned GREENBRIER RESORT and LAKE MOOMAW. The acreage features stunning mature trees and beautiful topography, making it an absolute haven for hunting, fishing, and all types of outdoor recreation. A standout feature of this property is the ELEVATED BUILDING SITE, offering the perfect canvas to design and build your custom dream home surrounded by nature. Moreover, there's a stream running through the property near the existing home, that presents a perfect space to build a nice fishpond. The property currently features an existing 1,564 sq ft frame house. While the home needs some TLC, it presents an incredible opportunity. You can renovate it to use as a guest house, a dedicated hunting cabin, or generate secondary rental income while building your main residence. Whether you are looking for a permanent homestead, a weekend retreat, or a savvy investment with endless recreational possibilities, this Western Alleghany gem is a rare find. Schedule your tour today and bring your vision to life! This parcel is owned by a Licensed Real Estate Broker. The schools include: Callaghan Elementary School, Covington Middle School and Alleghany High School.

Details
Maps
General Property Description
Property Sub-Type: Single Family Residence
Residential Type: Detached
Construction Status: Under Construction
Year Built: 1946
Total Bdrm: 4
Total Bths: 1
Total F Baths: 1
Entry Above Grd Fin SQFT: 1564
Total Fnshd SqFt: 1564
Total Above Grd Fin SQFT: 1564
Grand Total Attached SQFT: 2737
Total Unfin SQFT: 1173
Basement Y/N: Yes
Prim. Covered Prking: Garage Detached
# Prim Cov Spaces: 2
Uncovered Parking: Off Street Parking
Uncovered # Spaces: 2
Total Cov'd Prk Spc: 2
Total Acreage: 22
Water Class: N/A
Location, Tax & Legal
Area: 2700 - Alleghany County
Street Number: 5423
Street Name: Indian Draft
Street Suffix: RD
State/Province: VA
Zip Code: 24426
Subdivision: N/A
Municipality: Alleghany County
Elementary School: Other - See Remarks
Middle School: Other - See Remarks
High School: Other - See Remarks
Unfinished Attached SQFT
Lower Below Grd Unfin SQFT: 1173
Bedrooms
BR Entry Level: 4
Full Baths
Full Baths Entry Lvl: 1
Laundry
Laundry Entry Level: 1
Contract Information
Current Price: $99,500
List Price: $99,500
List Date: 2026-10-01
Status: Active
Property Features
Style of House: 1 Story
Limited Service: Not Limited Service
Lot Description: Cleared; Wooded
Construction: Cement Block; Wood
Basement: Partial
Heating: Baseboard Electric; Forced Air Electric; Heat Pump Electric
Cooling: Central Air
Interior Features: Flue Available
Exterior Features: Garden Space; Shed(s)
Misc Features: Horses Permitted; Manufac Home Allowed; Private Road; Stream
Floors: Carpet; Vinyl; Wood
Exterior Doors: Wood
Water Description: Private Well
Sewer Description: Private Septic
Internet Access: Undetermined

Listing Office: HIGHLANDS REALTY & ASSOCIATES LLC

Last Updated: October - 01 - 2026

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