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523 Melrose Lane Independence, VA $ 79,000
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$ 79,000 Get more info
523 Melrose Lane
$ 79,000
Back to search
Share Save

523 Melrose Lane

Independence, VA, 24348
$ 79,000
Bedrooms3 Baths1.0 Sq 1,260

Monthly Estimate*

$ 493

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View a Virtual Tour

Single Family Home for sale in Independence, VA

for $79,000 with 3 bedrooms and 1 full bath. This 1,260 square foot home was built in 1950 on a lot size of 0.54.

Investors or DIY enthusiasts—come see the potential in this hidden gem! This adorable 3-bedroom, 1-bath cottage is ready for your TLC. Tucked away on a quiet, seldom-traveled lane with pasture views in front and behind, this setting is a rare find. Priced to sell, this fixer-upper is being sold as is. Seller will make no repairs. The power is on for showings; however, the water is not.

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Single Family Contingent

Price

$ 79,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 427

Style

Cottage

Lot Size

0.54

Year Built

1950

Town/City

Independence

County/Region

Grayson

MLS | Web ID

103769
Features
Interior
Interior Amenities Ceiling Fan(s) Paneling
Basement Interior Entry Exterior Entry Partial Unfinished Walk-Up Access
Flooring Vinyl Wood Floors
Total Fireplaces 1
Fireplace Features Brick Masonry One
Kitchen Level Main
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Window Features Insulated Windows No Window Treatments
Fireplace Y/N Y
Above Grade Finished Area 1260
Half Baths 0
Laundry Features In Basement
Total Bedrooms 3
Below Grade Finished Area 924
Living Room Level Main
Main Level Bedrooms 3
Main Level Bathrooms 1
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
Dining Room Level Main
Bedroom 3 Level Main
Second Bedroom Level Main
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General
Sewer Public Sewer
Heating Forced Air
Cooling None
Utilities Natural Gas Not Available
Possession Close Of Escrow
Roof Shingle
Appliances None Electric Water Heater
Zoning Res
Garage Spaces 0
Association Fee Includes None
Patio/Porch Features Deck Open Deck Patio Porch Covered
Architectural Style Cottage
Construction Materials Block Vinyl Siding Dry Wall Plaster
Year Built 1950
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2024
Waterfront Features None
County Grayson
New Construction N
Property Type Residential
HOA N
Attached Garage N
Contingency Financing
Garage Y/N N
Total Rooms 6
Full Baths 1
Status Active Contingency
Directions Head east on E Main St toward Lonesome Ave 0.2 mi Turn left onto Locust Ave 72 ft Turn right onto Powerhouse Rd 0.3 mi Continue straight onto Melrose Ln Destination will be on the left .1 mi.
High School Grayson
City Independence
Disclosures Property Disclosure
MLS Area Independence
Lot Size Units Square Feet
Lot Size Square Feet 23522.4
Carport Y/N N
Elementary School Independence
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 427.8
Showing Instructions Appointment Only Beware of Animals Call/Text Listing Agent Call Listing Office Lock Box Occupied Lock Box Vacant Schedule Through Navica
Home Warranty Y/N N
Middle/Junior High School Independence
Property Condition Exterior Condition: Average
Additional Parcels Y/N N
Virtual Tour www.zillow.com/view-imx/afec5d03-5d20-4209-b73a-4b139003c6e4?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Building Area Units Square Feet
Primary Bedroom Level Main
Living Area Units Square Feet
Standard Status Active Under Contract
Occupancy Type Vacant
Tax Lot 103
Freehold IDX BBO
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Exterior
Exterior Amenities Garden Mature Trees
Parking Features Gravel None
Lot Features Irregular Lot Rolling/Sloping Secluded
Water Source Public
Total Parking 0
Lot Size Area 23522.4
Foundation Details Block Concrete Perimeter
Spa N
Building Area Total 1260
Lot Size Acres 0.54
Road Surface Type Unimproved
Waterfront Y/N N
Covered Spaces 0
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Bhhs- Mountain Sky Properties, Wytheville

Broker

pamelam.mt.sky@gmail.com

Email

Affordability Calculator

$528
Per Month
93%
7%
0%
Monthly Principal & Interest
$493
Monthly Property Taxes
$36
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1875316 Elementary School
3670334 Middle School
Grayson High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/16/2025$79,000 Listed Price

Map

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523 Melrose Lane, Independence, VA, 24348 is a Single Family Home for sale at $79,000 with 1,260 sqft and a lot size of 0.54. 523 Melrose Lane has 3 bedrooms, 1.0 baths, and was built in 1950. The property's zip code is 24348 which is in Independence, VA

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