Expansion possibilities with this architect-designed and light-filled modern farmhouse on 15 acres! Just south of Independence, VA & only 15 min to Sparta & close to the New River, this home features granite counters & stainless appliances in the kitchen. The master is on the main floor with walk-in closets & a dressing room, jetted tub plus separate shower & heated flrs in the master bath, a dedicated laundry room, a mudroom, plus an open concept living-kitchen. The living room is vaulted, w/ custom details, a wood-burning fireplace & long range views. Wide red oak floors up & down, w/ a walnut border in the LR. Upstairs you'll find a loft plus 2 bedrooms & a bath. On the main level, the perfect place to relax is the covered porch wrapping around most of two sides. On the lower level, you can walk out of the currently unfinished future family room (w/ wood stove) to the garden. This would be terrific space for an artist.
Single-familyProperty Type
2006Year Built
15.15 acresLot Size
$243Est. Price/Sq.Ft.
Listed by Maxine Lane• Ashe High Country Realty, Inc.
Contact: 3362466348
Bought with Diana Goodwin• Angela Brown & Associates
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Refinance
$0
Est. cash available
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Rent
$2,949/mo
Redfin rental estimate
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Market trends in 24348, VA
Last updated July 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
93.8%
1.8% MoM
Median sale price
$311K
$21K MoM
Avg. days on market
57d
7 days MoM
Recently sold homes
6
1 MoM
Provided by Redfin
Sale history for 729 Graystone Rd
Date
Event
Price
SWVAR #65069
Jul 24, 2018
Sold
$355,000
$155/sq ft
Jun 4, 2018
Listed
$349,900
$153/sq ft
HCMLS #207991
Jul 24, 2018
Sold
$355,000
$155/sq ft
Jun 2, 2018
Listed
$349,900
$153/sq ft
+45
Expansion possibilities with this architect-designed and light-filled modern farmhouse on 15 acres! Just south of Independence, VA & only 15 min to Sparta & close to the New River, this home features granite counters & stainless appliances in the kitchen. The master is on the main floor with walk-in closets & a dressing room, jetted tub plus separate shower & heated flrs in the master bath, a dedicated laundry room, a mudroom, plus an open concept living-kitchen. The living room is vaulted, w/ custom details, a wood-burning fireplace & long range views. Wide red oak floors up & down, w/ a walnut border in the LR. Upstairs you'll find a loft plus 2 bedrooms & a bath. On the main level, the perfect place to relax is the covered porch wrapping around most of two sides. On the lower level, you can walk out of the currently unfinished future family room (w/ wood stove) to the garden. This would be terrific space for an artist. There's also room for a workshop, and a bathroom plumbed in (toilet and vanity there for you to install). Fenced pasture for horses & an office building near the pasture that's electrified & heated. Total privacy at this beautiful home with equally gorgeous land.
Public Records
Oct 12, 2012
Sold
$348,000
$152/sq ft
Public Records
Dec 20, 2004
Sold
$91,000
$40/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,322 (−25.9%)
$80,200 + $250,400
$330,600
2024
$1,785 (−10.8%)
$80,200 + $250,400
$330,600
2023
$2,001
$80,200 + $250,400
$330,600
2022
$2,001 (+28.3%)
$80,200 + $250,400
$330,600
2021
$1,560 (+1.5%)
$80,200 + $147,600
$227,800
2020
$1,537 (+3.1%)
$80,200 + $147,600
$227,800
2019
$1,492 (+17.3%)
$80,200 + $147,600
$227,800
2018
$1,272
$80,200 + $147,600
$227,800
2017
$1,272 (+20.2%)
$80,200 + $147,600
$227,800
2012
$1,058
$81,200 + $134,800
$216,000
Tax history for 729 Graystone Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,322 (−25.9%)
$80,200 + $250,400
$330,600
2024
$1,785 (−10.8%)
$80,200 + $250,400
$330,600
2023
$2,001
$80,200 + $250,400
$330,600
2022
$2,001 (+28.3%)
$80,200 + $250,400
$330,600
2021
$1,560 (+1.5%)
$80,200 + $147,600
$227,800
2020
$1,537 (+3.1%)
$80,200 + $147,600
$227,800
2019
$1,492 (+17.3%)
$80,200 + $147,600
$227,800
2018
$1,272
$80,200 + $147,600
$227,800
2017
$1,272 (+20.2%)
$80,200 + $147,600
$227,800
2012
$1,058
$81,200 + $134,800
$216,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Appliances: Dishwasher, Dryer, Disposal, Microwave, Range, Oven, Refrigerator, Washer, Gas Water Heater
Flooring: Wood
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Wood Burning
Room Information
Has Basement
Basement Details: Full, Walk-Out Access
Exterior
Exterior Features
Patio And Porch Features: Covered
Roof: Metal
Building Information
Levels: Two
Construction Materials: Wood Siding
Property Features
Security Features: Smoke Detector(s)
Horses Allowed
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family
Lot Information
Lot Size Dimensions: 15+ Acres
Lot Size Acres: 15.15
Zoning Description: RF
Utilities
Utility Information
Water Source: Well, Private
Utilities: Propane
Sewer: Septic Tank
Location
Schools Information
Elementary School: Grayson
Middle Or Junior School: Grayson County
High School: Grayson County
Location Information
Directions: From Independence, intersection of Hwy 58 and Hwy 21, travel Hwy 21 North to left onto Beaver Dam Rd, to right onto Graystone Rd. to driveway on left. No signage.
Subdivision Name: None
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 2,120
Stories: 2.0
Lot Size: 15.15 acres
Style: Single Family Residential
Year Built: 2006
Year Renovated: 2018
County: Grayson County
APN: 73 - A- - 86C
Home facts updated by county records on Aug 10, 2026
Other
Listing Information
AttributionContact: 3362466348
Around this home
Schools
Independence Elementary School
Public PreK-5 • Assigned • 1.7mi
5/10
Independence Middle School
Public 6-8 • Assigned • 1.6mi
7/10
Grayson County High School
Public 9-12 • Assigned • 1.6mi
7/10
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
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 92° expected this year, 18 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Independence, VA • 24348
Average low and high temperatures (°F)
38
23
46
30
60
39
67
48
69
52
78
61
81
66
76
60
72
55
64
45
55
39
45
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.5 hours in
June and 4.7 hours in December, placing it below the
U.S. average for solar exposure.