Elkwood VA Homes for Sale
$1,500,000
18172 Youngs Lane Elkwood, VA 22718
- Type:
- Single Family
- Sq.Ft.:
- 1,920
- Status:
- Active
- Beds:
- 3
- Lot size:
- 87.8 Acres
- Year built:
- 1969
- Baths:
- 1.00
- MLS#:
- VACU2007628
- Subdivision:
- Stones Mill
ADDITIONAL INFORMATION
***Do Not Approach the Property Without a Scheduled Appointment to Show With a Licensed Real Estate Agent***24 hour Notice Required Secluded Family Retreat on 87 Acres in Elkwood, VA - for your family compound - OR - maybe your retirement plans * POSSIBLE 5-SUBDIVISION* County Zoning confirmation letter in file Unlock Your Paradise: Embrace the endless possibilities awaiting you in this breathtaking setting & mountain views. Welcome to your private oasis nestled in the heart of Elkwood, VA. This expansive 87-acre parcel of land offers the perfect canvas for your dream family compound or investment opportunity. Property Highlights: Location: 18172 Youngs Ln, Elkwood, VA 22718 Home: A quaint 3-bedroom, 1-bathroom rambler home with a finished basement awaits, providing a cozy retreat amidst nature's beauty. Features include hardwood floors in the living room and hallway, complemented by plush carpeting in the bedrooms. Value: While the home offers comfort and charm, the true value of this property lies in the vast expanse of land it encompasses. Zoning: Zoned A1, this property is currently enrolled in the county forestry program, boasting the benefits of rural living while maintaining agricultural productivity. The minimum lot size requirement of 50 acres presents ample space for various pursuits. Subdivision Potential: With an application process and a nominal fee of approximately $300, this property can be removed from the forestry program, unlocking its full potential for subdivision. Upon removal, the land becomes eligible for subdivision into 10-acre parcels based on road frontage or 5-acre parcels through family land subdivision, offering endless possibilities for development or investment. Privacy and Serenity: Enjoy the tranquility of nature as you explore the expansive woodlands, meadows, and rolling hills that define this picturesque landscape. Create your own family compound or retreat, where cherished memories are made and generations come together. Discover the Possibilities: Whether you envision a serene countryside escape, a lucrative investment opportunity, or a legacy family estate, 18172 Youngs Ln offers the ideal setting to turn your dreams into reality. Don't miss out on this rare opportunity to own a piece of paradise in Elkwood, VA. Contact us today to schedule a private tour and explore the endless potential that awaits! codes: article 9, appendix B & chapter 8E *removal from forestry at renewal (every 8 years) is Free no review necessary- otherwise the application costs $300 process is a minimum of 3 months to get through all committees * must be reviewed by :agricultural & forestry advisory district, planning and board of supervisors - 2 new lots every 5 years (appendix B & chapter 8E *250 min road frontage * without any subdivision at all you can have 2 houses up to 1 tenant unit up to 25% of the primary home- (article 9 ) * POSSIBLE 7 LOT SUBDIVISION codes: article 9, appendix B & chapter 8E
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Elkwood Real Estate
The median home value in Elkwood, VA is $889,500. This is higher than the county median home value of $389,200. The national median home value is $338,100. The average price of homes sold in Elkwood, VA is $889,500. Approximately 68.84% of Elkwood homes are owned, compared to 18.1% rented, while 13.06% are vacant. Elkwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elkwood real estate agent to arrange a tour today!
Elkwood, Virginia has a population of 647. Elkwood is less family-centric than the surrounding county with 11.86% of the households containing married families with children. The county average for households married with children is 30.59%.
The median household income in Elkwood, Virginia is $76,380. The median household income for the surrounding county is $85,274 compared to the national median of $69,021. The median age of people living in Elkwood is 52.6 years.
Elkwood Weather
The average high temperature in July is 86.9 degrees, with an average low temperature in January of 23.6 degrees. The average rainfall is approximately 44 inches per year, with 15.9 inches of snow per year.