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Smith Mountain Lake Real Estate for Sale

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7892 Craig Valley DR, New Castle, VA 24127 (MLS# 931206)

7892 Craig Valley DR, New Castle, VA 24127

$1,450,000
098-DJI_20260416181330_0003_D 03-03- Saks House-75 071-MIB02910 094-MIB02994 096-MIB03003 191-DJI_20250814193830_0012_D 085-MIB02967 093-MIB02991 004-MIB02694 005-MIB02697 006-MIB02700 072-MIB02913 018-MIB02793 039-MIB02886 040-MIB02889 042-MIB02754 038-MIB02784 043-MIB02763 045-MIB02772 046-MIB02775 048-MIB02781 026-MIB02817 025-MIB02814 022-MIB02805 024-MIB02811 019-MIB02796 020-MIB02799 036-MIB02847 033-MIB02838 032-MIB02835 030-MIB02829 069-MIB02904 009-MIB02712 008-MIB02709 011-MIB02718 014-MIB02736 058-MIB02742 066-MIB02895 079-MIB02934 073-MIB02916 075-MIB02922 082-MIB02943 049-MIB02862 050-MIB02856 052-MIB02868 051-MIB02865 28-28- Saks House-62 053-MIB02871 054-MIB02874 059-MIB02745 061-MIB02949 063-MIB02955 086-MIB02970 155-MIB01069 134-MIB01006 174-MIB01129 173-MIB01123 131-MIB00997 166-MIB01102 111-MIB00898 112-MIB00901 118-MIB00919 117-MIB00916 110-MIB00973 107-MIB00964 100-MIB00943 102-MIB00949 130-MIB00994 129-MIB00991 126-MIB00976 123-MIB00931 125-MIB00937 179-MIB01144 202-DJI_20250814194106_0023_D 205-DJI_20250814194223_0026_D 210-DJI_20250814194419_0031_D 091-MIB02985 135-MIB01009 143-MIB01033 39-39- Saks House-74 41-41- Saks House-78 42-42- Saks House-79 44-44- Saks House-81 01-7892Craig Valley Rd-single-floor-dim_ 02-7892Craig Valley Rd-single-floor-dim_ Cottage Floor Plan
Property Type: Residential Bedrooms: 7 Baths: 5.1 Square Footage: 7,640 Lot Size (sq. ft.): 151,589 Status: Active
Current Price: $1,450,000 List Date: 9/09/2026 Last Modified: 9/10/2026

Overview

Description

Truly one-of-a-kind, this exceptional property with a successful Air BnB history offers a main residence and guest cottage surrounded by nearly 4 acres of beautiful countryside along Craigs Creek. Extraordinary custom stonework, private waterfront areas, mature boxwoods, and thoughtfully designed outdoor spaces create a setting that simply cannot be replicated. The main home features 5 bedrooms and 4 baths, with spacious rooms and inviting gathering areas. Natural materials and thoughtful architectural details create a warm and welcoming atmosphere throughout. A dedicated man cave provides an additional space for recreation and entertaining. Outdoor living is the heart of this property, with multiple decks and gathering spaces overlooking the creek. Enjoy the creekside firepit or relax in either of the two hot tubs. The custom stone-lined creek is a true highlight, offering opportunities for catch-and-release fishing, kayaking or splashing around in the swimming hole. Beautiful garde ... (Read more) Truly one-of-a-kind, this exceptional property with a successful Air BnB history offers a main residence and guest cottage surrounded by nearly 4 acres of beautiful countryside along Craigs Creek. Extraordinary custom stonework, private waterfront areas, mature boxwoods, and thoughtfully designed outdoor spaces create a setting that simply cannot be replicated. The main home features 5 bedrooms and 4 baths, with spacious rooms and inviting gathering areas. Natural materials and thoughtful architectural details create a warm and welcoming atmosphere throughout. A dedicated man cave provides an additional space for recreation and entertaining. Outdoor living is the heart of this property, with multiple decks and gathering spaces overlooking the creek. Enjoy the creekside firepit or relax in either of the two hot tubs. The custom stone-lined creek is a true highlight, offering opportunities for catch-and-release fishing, kayaking or splashing around in the swimming hole. Beautiful garden areas and mature plantings add to the property's timeless character. The property also offers two garages, including one with an attached office and another with additional storage below. A separate workshop area is attached to the main home, providing plenty of room for projects, equipment, and hobbies. Conveniently located close to Salem and Roanoke this property offers the perfect escape.

Listing Details MLS# 931206

Location, Tax & Legal

Area
0800 - Craig County
Street Number
7892
Street Name
Craig Valley
Street Suffix
DR
State/Province
VA
Zip Code
24127
Subdivision
N/A
Municipality
Craig County
Elementary School
Mccleary
Middle School
Craig County Middle
High School
Craig County
Major Area
08 - Craig County
Phase
0
Lot
No
Block
No
Tax ID
59- - A- - 43
Annual Taxes
3736
Section
No
POA Y/N
No

General Property Description

Property Sub-Type
Single Family Residence
Residential Type
Detached
Construction Status
Completed
Year Built
1935
Total Bdrm
7
Total Bths
5.1
Total F Baths
5
Total H Baths
Yes
Entry Above Grd Fin SQFT
4017
Lower Below Grd Fin SQFT
1373
Other Above Grd Fin SQFT
2250
Total Fnshd SqFt
7640
Total Above Grd Fin SQFT
6267
Grand Total Attached SQFT
7640
Basement Y/N
Yes
Prim. Covered Prking
Garage Detached
# Prim Cov Spaces
3
Uncovered Parking
Off Street Parking
Total Cov'd Prk Spc
3
Total Acreage
3.48
Water Class
Waterfront Property
Water ID
River or Other
Length of Waterfront
407
Upper Above Grd Fin SQFT
0
Total Unfin SQFT
0

Fireplace

# Fireplaces
3

Primary Bedrooms

Primary BR Entry Lvl
2

Bedrooms

BR Entry Level
6
BR Lower Level
Yes

More Information

Full Baths

Full Baths Entry Lvl
4
Full Baths Lower Lvl
Yes

Half Baths

Half Baths Entry Lvl
Yes

Laundry

Laundry Entry Level
2
Laundry Lower Level
Yes

Remarks & Misc

Public Remarks
Truly one-of-a-kind, this exceptional property with a successful Air BnB history offers a main residence and guest cottage surrounded by nearly 4 acres of beautiful countryside along Craigs Creek. Extraordinary custom stonework, private waterfront areas, mature boxwoods, and thoughtfully designed outdoor spaces create a setting that simply cannot be replicated. The main home features 5 bedrooms and 4 baths, with spacious rooms and inviting gathering areas. Natural materials and thoughtful architectural details create a warm and welcoming atmosphere throughout. A dedicated man cave provides an additional space for recreation and entertaining. Outdoor living is the heart of this property, with multiple decks and gathering spaces overlooking the creek. Enjoy the creekside firepit or relax in either of the two hot tubs. The custom stone-lined creek is a true highlight, offering opportunities for catch-and-release fishing, kayaking or splashing around in the swimming hole. Beautiful garden areas and mature plantings add to the property's timeless character. The property also offers two garages, including one with an attached office and another with additional storage below. A separate workshop area is attached to the main home, providing plenty of room for projects, equipment, and hobbies. Conveniently located close to Salem and Roanoke this property offers the perfect escape.
Directions
311 from 81. First driveway on your right after Glider Dr. Stone pillars mark the entrance. One mile before the town of New Castle.

Style of House

Ranch
Yes

Limited Service

Not Limited Service
Yes

Lot Description

Cleared
Yes
Stream
Yes

Construction

Stone
Yes
Vinyl
Yes

Basement

Full
Yes
Sump Pump
Yes
Walk-Out Access
Yes

Views

River
Yes

Heating

Heat Pump Electric
Yes
Heat Pump Gas
Yes

Cooling

Central Air
Yes

Water Description

Private Well
Yes

Sewer Description

Private Septic
Yes

Interior Features

Central Vacuum
Yes
Bookcases
Yes
Breakfast Area
Yes
Hot Tub
Yes
Whirlpool Bath
Yes

Exterior Features

Bay Window
Yes
Hot Tub
Yes
Patio
Yes
Shed(s)
Yes

Porch

Screened Porch
Yes

Appliances

Clothes Dryer
Yes
Clothes Washer
Yes
Dishwasher
Yes
Disposer
Yes
Microwave Oven (Built In)
Yes
Range Electric
Yes
Range Gas
Yes
Refrigerator
Yes
Wall Oven
Yes

Floors

Laminate
Yes
Tile - i.e. ceramic
Yes
Wood
Yes

Property Features

Style of House: Ranch Limited Service: Not Limited Service Lot Description: Cleared; Stream Construction: Stone; Vinyl Basement: Full; Walk-Out Access; Sump Pump Heating: Heat Pump Electric; Heat Pump Gas Cooling: Central Air Interior Features: Bookcases; Breakfast Area; Central Vacuum; Hot Tub; Whirlpool Bath Exterior Features: Bay Window; Hot Tub; Patio; Shed(s) Views: River Appliances: Dishwasher; Disposer; Clothes Dryer; Microwave Oven (Built In); Wall Oven; Refrigerator; Range Electric; Range Gas; Clothes Washer Floors: Laminate; Tile - i.e. ceramic; Wood Porch: Screened Porch Water Description: Private Well Sewer Description: Private Septic

Room Information

Room Name Level Remarks
Foyer Upper
Living Room Upper
Dining Room Upper
Living Room Upper
Kitchen Upper
Breakfast Area Upper
Bedroom 1 Upper
Bedroom 2 Upper
Bedroom 3 Upper
Bedroom 4 Upper
Game Room Upper
Bedroom 5 Lower
Mud Room Lower
Bedroom 1 Entry Cottage
Bedroom 2 Entry Cottage
Eat-in Kitchen Entry Cottage
Living Room Entry Cottage
Dining Room Entry Cottage
Laundry Upper
Laundry Lower
Listing Office: NEST REALTY ROANOKE
Last Updated: September - 10 - 2026
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Moneta, VA 24121
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