Possible owner finance w/ down payment/land contract/. Amortization of 15 years balloon in five years at a rate of 7.5% Property has a working grist mill. 24x28 Wood working shop and old mercantile store. Living quarters are upstairs over the store. This would make a great AIR B&B. Property has over 8 acres that possibly could be staged for a touring spot or sit up for campers on the creek. Possibilities are endless. Grist mill some components still in place. This property is on the National Register of Historic Places. Built around 1902. Fronts on a state maintained paved road close to Fairystone State Park, Philpott Lake, Martinsville Speedway, Stuart, Floyd, Blue Ridge Parkway. Here is a wedsite to share the history of the mill. https://www.angelfire.com/folk/goblintown_mill/index.html
For sale
$195,000
5064 Iron Bridge Rd, Stuart, VA 24171
1beds
1,638sqft
Est.:
Residential
Built in 1850
8.44 Acres Lot
$-- Zestimate®
$119/sqft
$-- HOA
What's special
Touring spotCampers on the creek
- 250 days
- on Zillow |
- 1,441 |
- 103 |
Zillow last checked: 7 hours ago
Listing updated: March 20, 2025 at 08:23pm
Listed by:
Adams Realty,Inc.
Source: MVMLS,MLS#: 141887
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: As Is, Electric Water Heater
Features
- Flooring: Wood
- Basement: None
- Attic: Finished
- Number of fireplaces: 1
- Fireplace features: 1, Flue
Interior area
- Total structure area: 1,638
- Total interior livable area: 1,638 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Patio & porch: Porch
Lot
- Size: 8.44 Acres
- Features: Level
Details
- Parcel number: 51170098
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential
Materials
- Wood Siding
- Roof: Metal
Condition
- Year built: 1850
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Woolwine
Location
- Region: Stuart
Financial & listing details
- Price per square foot: $119/sqft
- Tax assessed value: $84,900
- Annual tax amount: $620
- Date on market: 8/19/2024
- Electric utility on property: Yes
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