* * Exceptional Investment Opportunity in Henry, VA - Four Distinct Rental Properties near Philpott Lake * * ! Final Price Reduction 2 addresses - 580 and 670 Twin Ridge Marina Rd. Introducing a unique property ensemble on 670 and 580 Twin Ridge Marina Rd, offering an incredible opportunity to invest in four potential rental spaces, nestled just half a mile from the serene Philpott Lake in southwestern Virginia. This captivating selection includes two charming tiny houses, Rosie and Rosalita, a historic stone cottage, a 3rd Tiny House, and several campsites, making it an ideally versatile property. Rosie and Rosalita are delightfully set up for vacation rentals that provide comfort and privacy. Each space is designed for relaxation and recuperation after days filled with hiking, kayaking, and fishing in the nearby lake, appealing strongly to couples or groups of friends seeking adventure as well as peace. The Stone Cottage stands out with its rich history as a former speakeasy and poker parlor in the 1950s, offering a unique allure for history enthusiasts. This age-old charm integrated with modern comforts makes it an intriguing rental option or a personal retreat. The outdoor spaces at this property are meticulously planned, featuring picnic areas and ample room for outdoor living, including an outdoor shower. Whether your tenants prefer a quiet evening under the stars or an active day out near the water, this property effortlessly accommodates both tastes. The standout feature, a wood-fired cedar hot tub accommodating four people, ensures a luxury relaxation experience blending perfectly with nature. Ideal for an investor targeting high rental income, this real estate investment not only promises frequent occupancy but also attracts a diverse range of guests due to its proximity to recreational activities and historical curiosity. Explore the potential of owning this exceptional investment property, where each visit touches on tranquility, adventure, and historical intrigue, all the while offering a profitable rental business.
Single-familyProperty Type
2009Year Built
19 acresLot Size
$328Est. Price/Sq.Ft.
Listed by JEANETTE HANDY• RE/MAX LAKEFRONT REALTY INC
Listed by JULIA KEEP• RE/MAX LAKEFRONT REALTY INC
Bought with JEANETTE HANDY• RE/MAX LAKEFRONT REALTY INC
Bought with JULIA KEEP• RE/MAX LAKEFRONT REALTY INC
Claim this home to receive a free report every month with insights on the changing estimate.
Earn from this home
Rent
$1,523/mo
Redfin rental estimate
List your home for rent
Market trends in 24102, VA
Last updated October 2026
Sale-to-list price
101.6%
0.5% MoM
Median sale price
$407K
$124K MoM
Avg. days on market
98d
65 days MoM
Recently sold homes
2
1 MoM
Provided by Redfin
Sale history for 670 Twin Ridge Marina Rd
Date
Event
Price
MLSRV #908358
Feb 11, 2025
Sold
$298,000
$229/sq ft
Nov 5, 2024
Pending
—
Sep 23, 2024
Price Changed
$399,000
$307/sq ft
Aug 13, 2024
Price Changed
$449,000
$345/sq ft
Jun 10, 2024
Listed
$479,000
$368/sq ft
MHPCAR #134847
Sep 4, 2020
Sold
$132,000
$102/sq ft
Jul 25, 2020
Listed
$137,000
$105/sq ft
+10
Here is a RARE OPPORTUNITY to own a home near Philpott Lake! Bordered by the government land, this home offers a great room with a fireplace, cozy kitchen and bedroom, and a metal roof. The yard is level for playing tag football at Thanksgiving or volleyball in the summer. The storage building is nice for storing your lawnmower. The courtyard has a privacy fence made of long lasting Trex. With a stone exterior, wrapped trim & a metal roof, it's virtually maintenance free. Purchase a year pass to enjoy your boat with a ramp at Twin Ridge just down the road. Heating and cooling are electric wall units. During the fall and winter, there is a view of the lake. Propane tank is an inground 200 gallon. Property info and year built per assessor. Buyer should verify to their satisfaction.
MHPCAR #133557
Jul 31, 2019
Sold
$120,000
$92/sq ft
May 24, 2019
Listed
$125,000
$96/sq ft
Here is another rare opportunity to own a home near Philpott Lake. Bordered by the government land, this home offers a great room with a fireplace, cozy kitchen and bedroom, and a metal roof. The yard is level for playing games in the summer and an outbuilding for housing your lawn mower. There is a courtyard with a privacy fence made of long lasting trex. With a stone exterior and wrapped trim, it's virtually maintenance free. Purchase a year pass to enjoy the lake just down the road. Heating and cooling via wall units. Property info per assessor and/or owner. Year built per tax assessor.
Public Records
Apr 9, 2008
Sold
$30,000
$23/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$610
$19,500 + $122,300
$141,800
2024
$610 (+25.3%)
$19,500 + $122,300
$141,800
2023
$487
$12,500 + $67,300
$79,800
2022
$487
$12,500 + $67,300
$79,800
2021
$487
$12,500 + $67,300
$79,800
2020
$487 (+11.3%)
$12,500 + $67,300
$79,800
2019
$437
$12,500 + $59,200
$71,700
2018
$437 (+10.9%)
$12,500 + $59,200
$71,700
2017
$394
$12,500 + $59,200
$71,700
2016
$394 (−2.0%)
$12,500 + $59,200
$71,700
2014
$402
$12,500 + $60,600
$73,100
Tax history for 670 Twin Ridge Marina Rd
Year
Property tax
Land + Additions
Assessment*
2025
$610
$19,500 + $122,300
$141,800
2024
$610 (+25.3%)
$19,500 + $122,300
$141,800
2023
$487
$12,500 + $67,300
$79,800
2022
$487
$12,500 + $67,300
$79,800
2021
$487
$12,500 + $67,300
$79,800
2020
$487 (+11.3%)
$12,500 + $67,300
$79,800
2019
$437
$12,500 + $59,200
$71,700
2018
$437 (+10.9%)
$12,500 + $59,200
$71,700
2017
$394
$12,500 + $59,200
$71,700
2016
$394 (−2.0%)
$12,500 + $59,200
$71,700
2014
$402
$12,500 + $60,600
$73,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
1
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.5 Acres
Year renovated
2015
Sq. Ft.
800
Year built
2009
Style
Single Family Residential
County
Franklin County
APN
117/01/025/00////
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 23, 2026.
NZ
Non-Zoned District
NZ is a designation that stands for Non-Zoned. Non-Zoned areas of the County have no zoning district (land use) regulations. However, NZ areas are still subject to state regulations such as the Virginia Department of Health (VDH) and the Virginia Department of Transportation (VDOT), as well as some countywide regulations such as front setbacks, manufactured home parks, subdivision controls, building codes, and storm water and erosion & sediment control.
Property details
Interior
Bedroom Information
# of Bedrooms (Total): 4
# of Main Level Bedrooms: 4
Bathroom Information
# of Full Bathrooms: 4
# of Main Level Bathrooms: 4
Fireplace Information
Has Fireplace
# of Fireplaces (Total): 1
Interior Features
Flooring: Laminate, Tile, Vinyl
Exterior
Building Information
Building Area (Total): 1,300
Year Built: 2009
Property Information
PropertyType: Residential
Lot Information
Lot Size Area: 19
Lot Size Acres: 19
Lot Size Square Feet: 827,640
Lot Size Units: Acres
Financial
Tax Information
Tax Annual Amount: $1,200
Parcel Number: 1170102500 & remarks
Utilities
Heating & Cooling
Has Heating
Heating: Heat Pump
Location
School Information
Elementary School: Ferrum
Middle Or Junior School: Ben Franklin Middle
High School: Franklin County
Location Information
Directions: From Rt .40 West - Left on Henry Rd, Right on Holley Ridge, Right on Horseshoe Pt, Left on Knob Church, Right on Twin Ridge. First Address is 580 Twin Ridge Marina on Rt, next driveway is 670.
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 800
Stories: 1.0
Lot Size: 0.5 acres
Style: Single Family Residential
Year Built: 2009
Year Renovated: 2015
County: Franklin County
APN: 117/01/025/00////
Home facts updated by county records on Oct 23, 2026
Other
Listing Information
ListingId: 908358
ListPrice: $399,000
Around this home
Schools
K - 12
Preschool & daycare
Benjamin Franklin Middle School
Public 6-8 • Assigned • 16.7mi
7/10
Franklin County High School
Public 9-12 • Assigned • 16.1mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 101° expected this year, 19 days in 30 years
2/10 Wind Factor
3% 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
Henry, VA • 24102
Average low and high temperatures (°F)
45°
27°
51°
33°
68°
43°
75°
51°
76°
56°
88°
65°
90°
71°
82°
65°
81°
60°
69°
49°
62°
42°
49°
32°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.8 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$391,000 – $473,000
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