One-of-a-kind custom-built home in Luster's Mill Subdivision overlooking the breathtaking Catawba Valley with truly unbelievable views. This stately, all-brick residence sits on 9 private acres with a detached two-story brick garage. Outdoor living shines with a spacious brick patio and a light-filled solarium with storage for gardening enthusiasts. The home offers a primary suite and laundry on the main floor, with two propane fireplaces in the living room/dining room adding warmth and charm. Nearly every window captures stunning valley views. Upstairs includes a comfortable sitting area, three bedrooms, and two full baths. The finished lower-level features ceramic tile flooring, a kitchenette, rec room, family room, and generous storage.
Single-familyProperty Type
1997Year Built
9.34 acresLot Size
$278Price/Sq.Ft.
$20/moHOA Dues
4 spacesParking
Listed by SHARON DUNCAN• LONG & FOSTER - NEW RIVER VALLEY
Est. $3,903 per month, based on comparable rentals
Sale and tax history for 501 Mill Pointe Rd
Sale History
Tax History
Date
Event
Price
NRVMLS #427317
Jun 26, 2026
Sold
$1,395,000
$278/sq ft
May 18, 2026
Pending
—
May 12, 2026
Listed
$1,395,000
$278/sq ft
+109
One-of-a-kind custom-built home in Luster’s Mill Subdivision overlooking the breathtaking Catawba Valley with truly unbelievable views. This stately, all-brick residence sits on 9 private acres and features a paver driveway and a detached two-story brick garage. Outdoor living shines with a spacious brick patio and a light-filled solarium with added storage for gardening enthusiasts. The home offers a primary suite and laundry on the main floor, with two propane fireplaces in the living room/dining room adding warmth and charm. Nearly every window captures stunning valley views. Upstairs includes a comfortable sitting area, three bedrooms, and two full baths. The finished lower-level features ceramic tile flooring, a kitchenette, rec room, family room, and generous storage. A rare opportunity to own a thoughtfully designed home with exceptional views and timeless features. Schedule your showing today!
MLSRV #927541
Jun 6, 2026
Sold
$1,395,000
$278/sq ft
May 19, 2026
Pending
—
May 12, 2026
Listed
$1,395,000
$278/sq ft
Public Records
Sep 24, 2004
Sold
$825,000
$164/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$8,080 (+6.6%)
$219,600 + $777,900
$997,500
2025
$7,581 (+1.3%)
$219,600 + $777,900
$997,500
2024
$7,481 (+7.1%)
$219,600 + $777,900
$997,500
2023
$6,983 (−11.5%)
$219,600 + $777,900
$997,500
2022
$7,891
$219,600 + $667,000
$886,600
2021
$7,891
$219,600 + $667,000
$886,600
2020
$7,891
$219,600 + $667,000
$886,600
2019
$7,891 (+5.9%)
$219,600 + $667,000
$886,600
2018
$7,455
2017
$7,454 (+3.3%)
2014
$7,214
$178,100 + $632,500
$810,600
Public record
Public record
Zoning
Beds
3
Baths
3.5
Stories
2
Lot width
—
Lot depth
—
Lot size
9.34 Acres
Year renovated
1997
Sq. Ft.
4,742
Year built
1997
Style
Single Family Residential
County
Montgomery County
APN
032495
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 28, 2026.
R2
FP
Residential District
The R-2 Residential District is intended to accommodate moderate density, suburban residential uses to be served by public water and sewer facilities. It includes areas currently zoned R-2 and planned for urban or rural expansion in the comprehensive plan. The regulations for this district are designed to stabilize and protect the essential characteristics of the district, to promote and encourage, insofar as compatible with the intensity of land use, a suitable environment for family life and to permit certain limited commercial and institutional uses of a scale and character that will not create concentrations of traffic, crowds of customers, general outdoor advertising or other conflicts with the neighboring residential uses.; To these ends, retail activity is sharply limited, and this district is protected against encroachment of general commercial or industrial uses. Residential uses are limited to single-family and two-family structures. Although this district is basically residential in character, certain compatible public and semipublic uses are permitted in the district.
Zone overlays
Floodplain
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Housing-Single unit
Housing-Multiple units
Infrastructure
Educational/school
Library
Communications tower
Property details
Parking
Garage and Parking Information
# of Covered Spaces: 4
Interior
Bedroom Information
# of Bedrooms (Total): 4
# of Main Level Bedrooms: 1
Bathroom Information
# of Full Bathrooms: 4
# of Half Bathrooms: 1
# of Main Level Bathrooms: 1
Fireplace Information
Has Fireplace
# of Fireplaces (Total): 2
Interior Features
# of Rooms (Total): 10
Appliances: Microwave Oven (Built In), Wall Oven
Door Features: Full View
Window Features: Insulated
Flooring: Marble, Tile, Wood
Interior Features: Whirlpool Bath
Exterior
Building Information
Building Area (Total): 5,021
Year Built: 1997
Exterior Features
Patio And Porch Features: Rear Porch
Property Information
PropertyType: Residential
Green Energy Efficient: Active Solar Heat
Lot Information
Lot Size Area: 9.34
Lot Size Acres: 9.34
Lot Size Square Feet: 406,850.4
Lot Size Units: Acres
Financial
Tax Information
Tax Annual Amount: $7,581
Parcel Number: 042- 4 4
Utilities
Heating & Cooling
Has Heating
Has Cooling
Cooling: Heat Pump Electric, Solar
Heating: Heat Pump Electric
Location
HOA Information
Has Home Owners Association
Association Fee: $242
Association Fee Frequency: Annually
School Information
Elementary School: Other - See Remarks
Middle Or Junior School: Other - See Remarks
High School: Other - See Remarks
Location Information
Directions: From Downtown Blacksburg, take Harding out of town, left on Mill Pointe Road, home at end of cul-de-sac
Public facts
Beds: 3
Baths: 3.5
Sq. Ft.: 4,742
Stories: 2.0
Lot Size: 9.34 acres
Style: Single Family Residential
Year Built: 1997
Year Renovated: 1997
County: Montgomery County
APN: 032495
Home facts updated by county records on Jul 28, 2026
Other
Listing Information
ListingId: 927541
ListPrice: $1,395,000
Around this home
Schools
Harding Avenue Elementary School
Public K-5 • Assigned • 2.2mi
10/10
Blacksburg Middle School
Public 6-8 • Assigned • 5.3mi
8/10
Blacksburg High School
Public 9-12 • Assigned • 5.3mi
8/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 96° expected this year, 20 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Blacksburg, VA • 24060
Average low and high temperatures (°F)
39
22
46
28
63
37
71
46
72
52
82
61
85
67
76
61
76
57
67
45
57
38
44
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
53/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
6.7 hrs
2.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.28M – $1.54M
Sell confidently with a local market expert in Blacksburg.