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1504 Hutchison Rd, Newport, VA, 24128

4beds
2baths
2,079sqft
$2,950,000
$1,419price/sqft
$17,574/moest. monthly cost
$702,960/yrincome needed

About This Home

For immediate assistance with this listing call at . 89-Acre Wilderness Estate Featuring a Custom Cabin, Sparkling Pond, and Designated Trout Stream. Discover endless possibilities—whether you envision a private mountain retreat, a wilderness hunting property, or an equestrian haven for backcountry riding, this secluded sanctuary offers it all. Call at to schedule a showing today! Unrivaled Mountain Retreat on 89 Acres in the Heart of the Mountain Lake Wilderness Welcome to a once-in-a-lifetime opportunity to own 89 private acres surrounded by over 15,000 acres of federally protected wilderness—where ultimate seclusion, natural beauty, and backcountry adventure converge. Tucked deep within the Mountain Lake Wilderness area and accessible only through a private gated entrance and miles of National Forest, this rare offering ensures unmatched privacy while still being just 45 minutes from Virginia Tech in Blacksburg, VA. Here, nature remains untouched by development, logging, or motorized traffic. This pristine landscape is a haven for outdoor enthusiasts, offering backcountry hunting, horseback riding, and native brook trout fishing in the crystal-clear waters of Johns Creek, which gently winds through the property. At the heart of this secluded sanctuary lies a charming 3-4 bedroom, 2-bathroom cabin, overlooking a picturesque, one-acre stocked pond teeming with largemouth bass, crappie, and other panfish. The approx. 2,079 sq. ft. cabin features: Spacious living and dining areas Full kitchen Two covered porches with tranquil views Two additional rooms ideal for offices or easy conversion into more bedrooms Finished basement and attached two-car garage adding 834 sq. ft. of versatile space From the upstairs primary suite, take in panoramic views of the pond and surrounding meadows—home to abundant wildlife including deer, bear, turkey, eagles, and more. Rich with Features & Ready for Adventure High-fenced gardens with fruit trees and vegetables Historic Native American artifacts discovered on-site A second rustic structure—the original camp home—perfect for conversion into a guesthouse, hunter's lodge, or trail stop Just 150 yards from the Appalachian Trail, ideal for hikers or Airbnb potential Custom-built workshop/garage complete with tools, lumber, a tractor with implements, and a low-mileage F-250 pickup—all included Fields ideal for livestock or horses, with potential for additional pastureland via light clearing Multiple natural springs offering exceptional water quality Wildlife & Outdoor Paradise This land is a sportsman's dream—home to: Bear, deer, turkey, grouse, quail, foxes, bobcats Otters, beavers, and native brook trout Whether you're seeking a private mountain retreat, a recreational paradise, a potential income-producing Airbnb, or a legacy property to pass down for generations, this rare offering provides it all: freedom, serenity, adventure, and off-grid living without sacrifice. Nearby Towns Newport, VA – 30 minutes Pearisburg, VA – 47 minutes Blacksburg, VA – 45 minutes For more information on this and other land for sale in Giles County, contact at or by email at , or visit

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1991

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total structure area: 2,079
  • Total interior livable area: 2,079 sqft

Property

Details

  • Parcel number: 213B

Lot

  • Lot size: 89 Acres

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 WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
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 $14,916$178,992
Home Insurance *$734$8,808
Property Taxes $1,722$20,664
Electricity $202$2,433
Total$17,574$210,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$602,537/yr
40% on housing$527,220/yr
45% on housing$468,640/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: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,419This listing

vs Other Active Listings

Avg $/sqft

ZIP 24128—
Giles County$133

vs Homes Sold Last Month

Median $/sqft

ZIP 24128$158
Giles County$100

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)

No zestimate history available

Price History

DateEventPrice
2025-10-08Price change$2,950,000
2025-05-02Listed for sale$4,200,000
2024-10-28Listing removed--
2024-07-30Listed for sale$4,200,000

For Sale by Agent

AgentJohn Perez
BrokerageMossy Oak Properties Land and Farms Realty

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