This 224 acre property will be sold for the first time since the days of Colonial America. Originally granted by the King of England to the Banner family, this land has remained in continuous ownership for over 300 years — a true testament to its legacy and timeless appeal. Nestled in the heart of Castlewood, Virginia, this remarkable property offers over a mile of pristine frontage along Clinch River. Known for its rich heritage, friendly community, and stunning natural beauty, Castlewood is an outdoor lover's paradise offering easy access to fishing, kayaking, hiking, and the scenic byways of Southwest VA. With a welcoming small-town atmosphere and proximity to larger towns like Abingdon and Kingsport, Castlewood provides the perfect balance of rural tranquility and modern convenience. The land itself is truly special: approximately 90% is open, fenced pastureland, ideal for livestock. About 80 acres are dedicated to thriving hay fields, maintaining the farm's agricultural roots. Several historic outbuildings still stand proudly, including two original log structures believed to be over 300 years old, and a barn. The centerpiece of the property is the beautifully renovated 1925 farmhouse, blending classic charm with modern luxury. It has county water and a 283' deep private well. Updates include gleaming stainless steel appliances, a Samsung smart refrigerator, a double oven, and an additional wall-mounted oven — perfect for entertaining. Every inch of the home has been thoughtfully restored, preserving its soul while ensuring contemporary comfort. This property offers incredible flexibility for the next owner: farm the land, develop a stunning riverfront community, or hold it as an investment. All water and mineral rights will convey. Opportunities like this are exceedingly rare. Whether you're drawn by its historic significance, its agricultural potential, or its investment possibilities, this property is a legacy waiting for its next steward.
For sale
$2,500,000
123 Luttie Banner Dr, Castlewood, VA 24224
4beds
2,913sqft
Est.:
Single Family Residence
Built in 1925
224 Acres Lot
$-- Zestimate®
$858/sqft
$-- HOA
What's special
Historic outbuildingsSamsung smart refrigeratorThriving hay fieldsOpen fenced pasturelandWall-mounted ovenGleaming stainless steel appliances
- 43 days
- on Zillow |
- 690 |
- 38 |
Zillow last checked: 7 hours ago
Listing updated: June 05, 2025 at 12:09pm
Listed by:
Keith Clark 276-237-0002,
BHHS- Mountain Sky Properties-Hillsville
Source: SWVAR,MLS#: 99731

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Basement
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Upper
Bedroom 4
- Level: Upper
Bathroom
- Level: Main
Bathroom 2
- Level: Main
Bathroom 3
- Level: Upper
Dining room
- Level: Main
Family room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Basement
- Area: 700
Office
- Level: Main
Heating
- Central, Dual, Heat Pump
Cooling
- Central Air, Dual, Heat Pump
Appliances
- Included: Oven, Dishwasher, Double Oven, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Electric Water Heater
- Laundry: Main Level
Features
- Ceiling Fan(s), Newer Paint, Cable High Speed Internet, Internet Availability Other/See Remarks
- Flooring: Carpet, Laminate, Newer Floor Covering, Tile
- Windows: Insulated Windows
- Basement: Partial,Unfinished,Basement/Foundation Other/See Remarks
- Number of fireplaces: 2
- Fireplace features: Gas Log, Ventless, Two
Interior area
- Total structure area: 3,613
- Total interior livable area: 2,913 sqft
- Finished area above ground: 2,913
- Finished area below ground: 700
Video & virtual tour
Property
Parking
- Parking features: Attached Carport, Gravel
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Porch Covered
- Exterior features: Horses Allowed, Mature Trees
- Fencing: Wood
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: Waterfront, River Front
Lot
- Size: 224 Acres
- Features: Cleared, Level, Rolling/Sloping, Views, Waterfront
Details
- Additional structures: Outbuilding
- Parcel number: 157R1678C
- Zoning: AG
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farm House
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Dry Wall
- Foundation: Block, Stone, Basement/Foundation Other/See Remarks
- Roof: Metal
Condition
- Exterior Condition: Very Good,Interior Condition: Very Good
- Year built: 1925
Utilities & green energy
- Sewer: Septic Tank
- Water: Public, Well
- Utilities for property: Propane
Community & HOA
Community
- Security: Smoke Detector(s)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Castlewood
Financial & listing details
- Price per square foot: $858/sqft
- Tax assessed value: $1,019,200
- Annual tax amount: $3,212
- Date on market: 5/12/2025
- Road surface type: Paved
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