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1066 Greyledge Rd, Buchanan, VA, 24066

7beds
8baths
12,474sqft
$5,499,500
$441price/sqft
$33,358/moest. monthly cost
$1,334,320/yrincome needed

About This Home

A rare Virginia legacy estate once considered for a presidential retreat, set across nearly 800 acres of extraordinary beauty, privacy, and freedom. Greyledge features a restored Greek Revival residence, sweeping mountain views, and exceptional land for recreation and a private estate lifestyle. Greyledge spans approximately 792 acres, with open pastures, mature woodland, panoramic mountain views, a private lake, running stream, and an established network of trails for recreation and exploration. Approached by a long, tree-lined drive, the estate reveals a restored Greek Revival residence of timeless architectural presence. In 1928, the property was offered as a potential summer retreat to President Calvin Coolidge, reflecting its exceptional privacy and stature. The estate includes a collection of residences offering approximately 11 bedrooms and nearly 12,500 square feet, thoughtfully designed to live comfortably at scale while accommodating family, guests, or a private compound. Listed on the National Register of Historic Places, Greyledge offers a rare opportunity to own a landmark estate of enduring significance, convenient to Roanoke.

Getting Around

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

Schools

7/10
7/10
Central Academy MiddleGrades 6-811.4 mi
8/10
James River High SchoolGrades 9-123.4 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1842

Materials

  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Washer,Dishwasher,Disposal,Microwave,Gas Range,Range Hood,Refrigerator

Basement

  • Has basement: Yes

Bedroom1

  • Level: U

Bedroom2

  • Level: U

Bedroom3

  • Level: U

Bedroom4

  • Level: U

Bedroom5

  • Level: U

Bedroom6

  • Level: U

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 8
  • Full bathrooms: 6
  • 1/2 bathrooms: 2

Den

  • Level: E

Dining Room

  • Level: E

Eat In Kitchen

  • Level: E

Family Room

  • Level: E

Features

  • Storage,Wet Bar
  • Door features: Full View,Wood
  • Window features: Tilt-In
  • Flooring: Concrete,Marble,Ceramic Tile,Wood
  • Number of fireplaces: 13
  • Fireplace features: Great Room,Kitchen
  • Fireplace: Yes
  • Finished area above ground: 12,474

Foyer

  • Level: E

Game Room

  • Level: E

Great Room

  • Level: E

Heating & Cooling

  • Heating features: Forced Air Gas,Heat Pump Electric
  • Cooling features: Heat Pump Electric

Interior Area

  • Total structure area: 18,873
  • Total interior livable area: 12,474 sqft

Kitchen

  • Level: E

Laundry

  • Level: U

Library

  • Level: E

Living Room

  • Level: E

Other

  • Level: U

Other

  • Level: E

Sun Room

  • Level: E

Property

Details

  • Parcel number: 528 & 529

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio,Front Porch,Rear Porch
  • Exterior features: Balcony,Garden Space,Sunroom,Maint-Free Exterior
  • Has view: Yes
  • View description: Sunrise,Sunset
  • Has water view: Yes
  • Water view: Lake,River
  • On waterfront: Yes
  • Waterfront features: Waterfront,Stream
  • Waterbody name: River or Other
  • Horses can be raised: Yes

Lot

  • Lot size: 792.60 Acres
  • Features: Horses Permitted,Stream,Views

Parking

  • Total spaces: 8
  • Parking features: Detached,Garage Door Opener,Off Street
  • Has garage: Yes
  • Covered spaces: 4
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Landslide
Lightning
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 $27,808$333,696
Home Insurance *$1,982$23,784
Property Taxes $2,367$28,404
Electricity $1,201$14,418
Total$33,358$400,296
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,143,702/yr
40% on housing$1,000,740/yr
45% on housing$889,546/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: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.6%
2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$441This listing

vs Other Active Listings

Avg $/sqft

ZIP 24066$149
Botetourt County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 24066$157
Botetourt County$166

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
2026-03-28Price change$5,499,500
2026-03-27Price change$5,499,950
2026-03-27Listed for sale$5,499,500
2025-10-28Listing removed$6,250,000
2025-03-18Listed for sale$6,250,000
2024-10-08Listing removed$6,250,000
2023-09-19Listed for sale$6,250,000
2023-08-16Listing removed--
2023-03-01Price change$6,500,000
2022-09-15Listed for sale$6,950,000

For Sale by Agent

AgentSUSAN BAILEY
BrokerageLONG & FOSTER - ROANOKE OFFICE

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