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For sale
  • $875,000

    1287 Dry Branch Rd, Monterey, VA 24465

    3beds
    2,500sqft
    : 
    Single Family Residence
    Built in ----
    118 Acres Lot
    $-- Zestimate®
    $350/sqft
    $-- HOA

    What's special

    Massive stone double fireplaceMassive stone fireplacesRiver rock foundation wallsStunning open floorplanWormy chestnut woodworkStone terracesStocked trout ponds
    Discover 119 acres of pure mountain magic in Highland County. This historic estate features an authentic dovetailed log cabin blending rustic charm with modern comfort. Inside, you'll find exposed beams, massive stone fireplaces, wormy chestnut woodwork and freshly refinished heart pine floors. The grounds are a true compound, featuring a stone garage and studio, a gazebo with custom stained glass, and a springhouse fed by a mountain spring. The land is a diverse paradise: 14 acres of lush hay meadows, stocked trout ponds, and 100 acres of hardwood forest teeming with wildlife. Take the woods roads to the 3,000-foot summit for breathtaking Jackson River Valley views. The original chestnut and oak, dovetailed log cabin was built in 1834, right beside an incredible mountain spring that the home still uses today. Through the 1970s and 80s the home was modernized and expanded to create a stunning open floorplan complete with a massive stone, double fireplace. 3 bedroom areas and 2 full baths, along with an open great room and kitchen area. The owner during that period also added stone terraces, river rock foundation walls, and an incredible stone garage and studio building. A stone gazebo and springhouse add to the compound's beauty and functionality. Recently, the wide-plank oak and heart pine floors have all been refinished. Both bathrooms and the downstairs bedroom have new Mexican tile installed, with radiant heat in the downstairs floors. New electric baseboard heat installed in 2025. The stone garage and gazebo both feature a prior owner's stained glass artwork. Near the house is a run in shed and large barn, both used in the past for livestock and horses. The bottom portion of the farm has hay meadows with the mountain stream known as Dry Branch intersecting the lowlands. There are 2 spring-fed, stocked trout ponds, one near the house and the larger one up the mountain. The property has large hardwood ridges and hollows with a slate-bottomed mountain stream running down from the upper elevations. At the property's 3,000-foot high point, there are stunning views to the south, down the Jackson River Valley. Deer, grouse, turkey, and bear all call this place home. There are good stands of oak, poplar, hickory, pine, sugar maple, walnut, and locust throughout the farm. Good woods roads system throughout the property. New furnishings in the home are included. This is a timeless investment ready for your finishing touches! The possibilities are endless. Located 15 minutes from beautiful Monterey and 30 minutes from Hot Springs and the Homestead Resort. Call to schedule your tour today!
    5 days
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    1,339
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    136
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Chuck Neely 804-229-3497,

    National Land Realty, Western VA,

    Lou Ann Neely 804-840-1057

    Source: My State MLS,MLS#: 11715404

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,500
      • Total interior livable area: 2,500 sqft
      • Finished area above ground: 2,500

      Property

      Lot
      • Size: 118 Acres
      Details
      • Parcel number: 54 A 42, 54 A 41, 54 A 40, 54 A 43A
      • Lease amount: $0

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 0

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Monterey

      Financial & listing details

      • Price per square foot: $350/sqft
      • Tax assessed value: $26,700
      • Annual tax amount: $136
      • Date on market: 4/21/2026
      • Date available: 03/13/2026
      • Listing agreement: Exclusive
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,574/mo

        Price history

        DateEventPrice
        4/21/2026Listed for sale$875,000+27%$350/sqft
        Source: My State MLS #11715404 Report a problem
        3/20/2025Sold$689,000$276/sqft
        Source: CAAR #660027 Report a problem
        1/17/2025Pending sale$689,000$276/sqft
        Source: GASAOR #660027 Report a problem
        1/14/2025Listed for sale$689,000+62.1%$276/sqft
        Source: GASAOR #660027 Report a problem
        8/8/2017Listing removed$425,000$170/sqft
        Source: VIRGINIA HOT SPRINGS REALTY LLC #538356 Report a problem
        5/1/2017Listed for sale$425,000-33.1%$170/sqft
        Source: VIRGINIA HOT SPRINGS REALTY LLC #538356 Report a problem
        7/1/2016Listing removed$635,000$254/sqft
        Source: VIRGINIA HOT SPRINGS REALTY LLC #538356 Report a problem
        3/1/2016Listed for sale$635,000$254/sqft
        Source: VIRGINIA HOT SPRINGS REALTY LLC #538356 Report a problem
        12/31/2015Listing removed$635,000$254/sqft
        Source: VIRGINIA HOT SPRINGS REALTY LLC #538356 Report a problem
        10/2/2015Listed for sale$635,000$254/sqft
        Source: VIRGINIA HOT SPRINGS REALTY LLC #538356 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$136 +15.9%$26,700
        2024$117 +21.8%$26,700 +32.8%
        2023$96 $20,100
        2022$96 $20,100
        2021$96 $20,100
        2020$96 $20,100
        2019$96 +9.1%$20,100
        2018$88 -4.7%$20,100 -9%
        2017$93 $22,100
        2016$93 +5%$22,100
        2014$88 +8.1%$22,100
        2013$82 $22,100 -0.5%
        2011-- $22,200
        2010-- $22,200

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $4,586/mo
        Principal & interest
        $4178
        Property taxes
        $408
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          Climate risks

          Neighborhood: 24465

          Getting around

          0 / 100
          Car-Dependent

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: 000000

          Source: My State MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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