Land for Sale - 123 Luttie Banner Dr, Castlewood, VA 24224 - 224.0 acres

123 Luttie Banner Rd Castlewood, VA 24224

123 Luttie Banner Dr, Castlewood, VA | Lat/Lng:  36.8938, -82.2768

$2,500,000
224 ac.
06/05/2025
ACTIVE
Main Listing ImageMain Listing Image

Description

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.

Details

CountyRussell
Zipcode24224
Property Type OneRanches
Property Type TwoResidential Property
Property Type ThreeRiverfront Property
BrokerageBerkshire Hathaway HomeServices Mountain Sky Properties
Brokerage Linkwww.bhhsmountainsky.com
Land Listing Agent Photo
Berkshire Properties
Berkshire Hathaway HomeServices Mountain Sky Properties
(276) 242-2938
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