5423 Indian Draft RD
$99,500
4 bd 1 ba 1,564 sqft
5423 Indian Draft RD
Covington, VA 24426
Property Type
Residential
Year Built
1946
Lot Size
22.00 acres
Garage
2 spaces

About This Property

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.

Property Details

Interior

Bedrooms
4
Bathrooms
1
Living Area
1,564 sqft

Exterior & Lot

Lot Size
22.00 acres
Year Built
1946
Garage Spaces
2

Location

Subdivision
N/A
County
Alleghany County
ZIP Code
24426

Financial

Annual Taxes
$690

Utilities

Sewer
Private Septic

Schools

Elementary
Other - See Remarks
Middle School
Other - See Remarks
High School
Other - See Remarks

Interior Features

Flue Available

Heating

Baseboard Electric, Forced Air Electric, Heat Pump Electric

Cooling

Central Air

Lot Features

Cleared, Wooded

Location

Listing Information

MLS #
931928
Listing Agent
MONTY BOWMAN
Listing Office
HIGHLANDS REALTY & ASSOCIATES LLC
Listed Date
Oct 1, 2026
Megan Eberle
Megan Eberle
REALTOR®, Sales Associate

Contact Megan Eberle About This Property

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