See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

3340 Old River Ln, Independence, VA, 24348

2beds
2baths
1,140sqft
$449,900
$395price/sqft
$2,888/moest. monthly cost
$115,520/yrincome needed

About This Home

Cabin on the New River! Home features on the main level open concept with large living room with rock fireplace, exposed beams, kitchen with all major appliances and eat-at bar, master bedroom with office area, full bathroom, laundry room and the list goes on! Upstairs you will find a large bedroom with private deck overlooking the river and second full bathroom! Home also features newer roof, newer heat pump, generator, full basement and so much more! Outside you will find a full-length deck overlooking the New River, covered porch, camper hook up with covered shelter to enjoy, firepit by the river and 6.39 +/- acres joining the New River to enjoy! Make this your full time home, investment property or weekend getaway near the Virginia/North Carolina line on the New River!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

5/10
7/10
7/10

Construction

Condition

  • Property condition: Exterior Condition: Very Good,Interior Condition: Very Good
  • Year built: 1987

Materials

  • Roof: Shingle
  • Construction materials: Log

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin
  • Property subType: Single Family Residence,Cabin

Interior

Appliances

  • Appliances included: Gas Range,Refrigerator

Basement

  • Area: 840

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bathroom

  • Level: First

Bathroom2

  • Level: Second

Bedroom2

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Internet Availability Other/See Remarks
  • Window features: Insulated Windows
  • Flooring: Carpet,Wood
  • Fireplace features: Gas Log,Masonry
  • Fireplace: Yes
  • Finished area below ground: 840
  • Finished area above ground: 1,140

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,980
  • Total interior livable area: 1,140 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 92A1
  • Zoning: N/A

Features

  • Stories: 1
  • Patio & porch: Covered,Deck,Porch
  • Exterior features: Lighting,Mature Trees
  • Fencing: None
  • Has view: Yes
  • View description: River
  • Has water view: Yes
  • Water view: River
  • On waterfront: Yes
  • Waterfront features: Waterfront,River Front Front

Lot

  • Lot size: 6.69 Acres
  • Features: Waterfront

Parking

  • Parking features: Driveway

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Lightning
    LightningVery High
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Drought
Inland Flooding
Ice Storm
Landslide
Strong Wind
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Flood
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,274$27,288
Home Insurance *$196$2,352
Property Taxes $216$2,592
Electricity $202$2,433
Total$2,888$34,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$99,017/yr
40% on housing$86,640/yr
45% on housing$77,013/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$395This listing

vs Other Active Listings

Avg $/sqft

ZIP 24348$167
Grayson County$143

vs Homes Sold Last Month

Median $/sqft

ZIP 24348
Grayson County$144

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Listed for sale$449,900

For Sale by Agent

AgentBlake Goad
BrokeragePrimm Real Estate Firm, LLC

Similar Homes