Franklin County, Virginia Land For Sale (77 results)

This wooded homesite is located just off Rt 40 in the charming community of Penhook, Virginia. We have 11 lots left here, totaling over 50 acres, so if you need more space, you can buy more than one! They all front the paved state road and soils work is done. Survey is complete and all it needs is you. Located just minutes from the recreational gem that is Smith Mountain Lake, you’ll enjoy quick access to: Palmers Marina – 5 minutes Lazy Cove Campground – 5 minutes Arrowhead Campground – 10-minutes Whether you’re dreaming of a family getaway, a private retreat, or simply investing in a great piece of land, this could be the spot for you! It's zoned agricultural with no building restrictions, so you could build a home, set a doublewide, put up a hunting cabin, or just come out and enjoy the solitude. Owner financing available, making it easier than ever to turn your dream into a reality. Easy 10-year terms with low down payment, no closing costs, no credit check. Call today for more information or to set up a showing! Agents welcomed.

Situated along Rt. 220 in Franklin County, Virginia, this exceptional 113.35+/- acre tract offers a rare combination of size, accessibility, and versatility. The property is unzoned and unrestricted, providing endless possibilities for residential, recreational, agricultural, or investment use. Featuring valuable timber, two beautiful creeks flowing through the land, and multiple attractive building sites, the property offers both natural beauty and unlimited potential. This property represents an exceptional opportunity with outstanding visibility, access, and versatility. This section of Rt. 220 with over 2000+/- feet of road frontage experiences daily traffic counts generally ranging from approximately 10,000 to over 20,000+/- vehicles per day, making it a strong candidate for future development, Possible truck stop, land banking, or commercial exposure, while still retaining the privacy and natural beauty of a large rural tract. There is an old farmhouse located on the property, built in 1904. There is also a separate home site with an existing driveway, septic system, well, and meter base for access to electricity. With the easy access to the property and the abundant deer sign throughout, this tract would make an outstanding hunting and recreational property as well. All structures and septic systems located on the property are being sold "AS ISWHERE IS." **Please reach out to Land Specialist Alex Hunt for a private showing of this incredible property.**

Nestled just beyond the town limits, this stunning brick ranch home sits on a breathtaking property with endless possibilities. Boasting acres of fertile, tillable land, this estate is perfect for creating a premier equestrian center, a multi-family compound, or a thriving crop or cattle farm. With over a half-mile of Pigg River frontage, the property offers excellent water access, enhancing its agricultural and recreational potential. Hunters will appreciate the abundant wildlife, while those seeking a peaceful retreat will be captivated by the sweeping mountain views and multiple prime homesites. Whether you dream of horseback riding along the rolling fields, farming the rich soil, or simply enjoying the beauty of country living with modern conveniences nearby, this exceptional property is a rare find.**Please contact Land Specialist Alex Hunt for your private showing of this incredible property. One of the owners of the property has a current Real Estate License****Square footage based off County GIS. Buyers and buyers agent to verify all information**

Escape to the peaceful charm of country living in this beautiful home located in Callaway, Virginia. Situated on nearly eight acres of land, this property offers breathtaking mountain views and endless opportunities for outdoor activities. Realtors welcome, equal housing opportunity. Step inside to discover a spacious and inviting floor plan that includes a large kitchen with a cozy breakfast area, perfect for enjoying your morning coffee while admiring the scenic surroundings. The family room features a warm fireplace, ideal for gathering with loved ones on chilly evenings. Retreat to the luxurious master suite complete with ample closet space and a spa-like en-suite bathroom. Three additional bedrooms offer plenty of space for guests or growing families. Don't miss your chance to make this tranquil retreat yours today! Equal Housing Opportunity

Magnum Point Marina; This is an amazing marina on Smith Mountain Lake. Located at B 37 on the Blackwater River arm of SML. Come live the dream as an owner-operator or investor. There are only so many marinas at SML & here is your chance to own this well-known gem. Restaurant, fuel docks, 38 covered boat slips with lifts, day docks for dining, & a boat ramp for launching. The full-service marina is open year-round & is well-known & respected. 700± feet of shoreline, 3,000gal fuel capacity. See attached sheet in Documents section on upgrades & repairs made. Owners have decided it's time to focus on another project & are offering this jewel to new ownership. To all patrons, nothing is changing other than the property is for sale. Come enjoy the quality food & beverage you have grown accustomed to and make sure to watch out for the wonderful entertainment throughout the Summer. Generating over $1.3 million in business each year over the last 3yrs. P&L and financials available to qualified buyers with an NDA. Taxes, SF, and waterfrontage estimated by LA. Buyer & Buyer's agent to verify all information.

OWNER FINANCING AVAILABLE. 6.73 acres located in the Glade Hill area of Franklin County, VA. This property is mostly wooded and sits back off of Truevine Road, accessed by a shared driveway. Theres a nice little creek running through the back edge of the property line, and with no restrictions, you are free to build just about whatever youd like. It would make a great spot to build a home, set up a cabin, or just use it for other recreational uses. Successful 4 bedroom perk test.**Please contact Land Specialist Alex Hunt for your private showing of this incredible property.** Please make an appointment to view the property so the listing agent can let the neighbor know**

Prime Commercial Development Opportunity Westlake Corner | Smith Mountain LakePerfectly positioned in the heart of Westlake Corner, this exceptional commercial tract offers one of the most desirable development opportunities in the Smith Mountain Lake area. Located within the Westlake Overlay District and part of the Westlake/ Hales Ford Village Plan, this property is situated squarely in the designated growth area and benefits from both public water and sewer access at the front of the property.Zoned B-2 (General Business), this land features over a half mile of prime frontage along Route 122 (Booker T. Washington Highway)the areas most heavily traveled corridor with an average daily traffic count of 16,664 vehicles. The excellent lay of the land and expansive road frontage make this tract ideal for a wide range of commercial uses.As the closest remaining undeveloped tract along the Westlake Corner commercial strip, this property represents a rare opportunity to develop within the most rapidly expanding area at Smith Mountain Lake. The Western Virginia Water Authority is in the process of implementing a new sewer lift station at the rear of the property, which will serve the north side of Route 122 and further enhance the development potential in the coming months.Subdivision is possible, offering flexibility for phased or multi-use development.

Looking for land? This perfect two-acre wooded parcel is ready for you to build on. It is located at the intersection of Shooting Creek Road and Rt 40, both state-maintained roads, not far from Ferrum VA. It lays well, survey is complete, soils work is done for a conventional 3-bedroom gravity septic system, and there's even easy owner financing available if you have 10% down payment! No credit check or hassle, pay it off anytime. Agents welcome! Come check it out today and get started on your home, hunting cabin, or doublewide to be built. Call for a tour!

This one-of-a-kind 1854 estate, known as the “Early Inn at the Grove,” sits on nearly 10 private acres in the center of Rocky Mount, VA. Blending historical charm with modern amenities, it offers endless potential for those looking to live, invest, or operate a business in a truly unique setting. The main residence features a gourmet commercial kitchen, formal dining room, large foyer, parlor, breezeway bar, and library. Each spacious bedroom comes with a private bath, providing comfort and privacy for owners and guests alike. It’s ideal for a boutique inn, upscale retreat, private residence, or mixed-use venture. Additional structures include several outbuildings, a generous patio, and a 54x100-foot pavilion—ideal for events, weddings, music, or community functions. The property’s location is a standout feature: within walking distance to the Harvester Performance Center, farmer’s market, restaurants, and more. Its nearly 10-acre footprint offers privacy with in-town convenience, making it a rare opportunity for commercial or residential buyers alike. Whether you're an entrepreneur, event coordinator, investor, or visionary homeowner, this historic inn in Rocky Mount is a blank canvas for your next chapter.

Prime location just on the outer edge of downtown Rocky Mount, perfect for a quiet medical or therapeutic practice. The tract contains 0.58 acres in one tax parcel with level terrain and visibility from the South Main Street. The improvement was built in 1950 with a later addition. The office building is served by public water and private septic. There is a rear entrance from Sunrise Road, a side street that intersects South Main Street at the front corner of the property. Buyer & Buyer's Agent to verify all information. Property sold AS-IS, where is. SF based on Tax Card. Taxes Estimated by LA. Call Russell Seneff for Showings 540-765-7733.

This rare 30-acre unrestricted property in Rocky Mount, Virginia, offers a prime opportunity for buyers looking to build without limitations. With approximately 400 feet of frontage on US-220 South, this land is both accessible and private—ideal for a wide variety of uses, from a secluded homesite or farm to a recreational retreat or investment hold. The property is mostly wooded with a mix of hardwoods and pine, and it features a multi-acre field that could be used for crops, grazing, or equestrian purposes. Two natural springs and a stream wind through the land, enhancing the wildlife habitat and creating excellent conditions for deer and turkey hunting. The gentle topography offers multiple building sites that are tucked away from the road, each with southern exposure and scenic Blue Ridge Mountain views. Whether you’re seeking a homestead, a hunting destination, or land for future development, this tract offers tremendous flexibility and value. The absence of zoning or HOA restrictions allows you to bring your vision to life—whether that’s an off-grid cabin, weekend getaway, or full-time residence. Conveniently located just minutes from Rocky Mount and within a short drive to Philpott Lake and Martinsville, you’ll enjoy the perfect balance of privacy and accessibility. Properties like this—with acreage, views, water features, and no restrictions—are increasingly hard to find in today’s market. Please contact Land Specialist Tony Quist with the VA Land Team to schedule your private property tour. Property tours are by appointment only.

Location Location Location! How is it possible to get premium lakefront property for such low prices? What's the catch? Lakefront Real Estate is becoming harder and harder to come by across the Southeast. Over the years, Smith Mountain Lake has proven especially hard to acquire quality lake parcels at affordable prices for second homes, rental homes, and retirement homes for the Virginia elite. Regardless of difficult development regulations, when our team found this lakefront tract they immediately knew this was something we had to take the time to develop to a first-class standard and offer to our customers. As a leading waterfront land developer in the U.S. we are able to use our bulk purchasing power to obtain premium waterfront tracts at deep discounts and we've been passing along these savings to our clients all over the country since 2011. Our selection will include offers like: -15 acre dockable waterfront tracts from only $299,900! The last opportunity to take advantage of these lakefront tracts is to call now! *Properties are shown by appointment only. Two estate purchase limit per appointment. Call to schedule your Exclusive Showing! (540) 616-3060 Ext 3908

MOTIVATED SELLER--BRING ALL OFFERS! With 13.28 acres of land, you have plenty of space to create your own personal haven. The perfect homesite spot! The mix of cleared and wooded areas offers a perfect balance for various activities, from gardening to hunting. Approximately 1.25 ac of the 13.28 acres is open There are mature trees here as this parcel has never been timbered! Plus, being so close to Roanoke and Bay Roc Marina adds convenience and recreational opportunities. The existing well and septic system are definite bonuses, making it easier to set up your new home. The well and septic were working when a mobile was removed a few years ago but will pass as is. Imagine waking up to the sounds of wildlife and enjoying the serene beauty of your secluded paradise every day. Check out

Discover this versatile 2-acre property, perfectly suited for savvy investors or those seeking a serene retreat with a no-fuss home. Nestled in a convenient location with easy access to amenities, this gem features a beautiful mix of open spaces and wooded areas, offering privacy, natural beauty, and outdoor relaxation on the large front deck. Recently upgraded well pump. For investors, the property boasts a solid 10-year rental history and current month-to-month lease offers flexibility to adjust rates, renovate, or occupy as desired. Whether you're building your rental portfolio or claiming your own slice of countryside, this opportunity delivers value and potential in one package!

Discover the beauty of Brightwater at Smith Mountain Lake, Virginia--a stunning waterfront community designed for peaceful, upscale living. This exclusive 1.63-acre dockable waterfront lot offers breathtaking lake views, plenty of waterfrontage, and a serene cul-de-sac setting for ultimate privacy. Enjoy the perfect balance of nature and modern convenience, with easy access to downtown Roanoke and high-quality infrastructure under development. With a reasonable minimum build requirement of just 1,800 sq ft, you have the freedom to craft your ideal lakeside retreat. Buyer to install well and septic. This is your chance to own prime waterfront property in an exceptional community. Build your dream home and start living the lake life today!

Investor-ready on this generous 5-acre parcel offers room to roam, potential for gardening, animals, or future expansion. One-level living with laminate flooring in kitchen/living room, split bedroom layout, and gas log fireplace with beautiful stonesurround. Step out to the large front deck-perfect for relaxing or entertaining amid peaceful surroundings. Durable metal roof (installed last 10 years) ensures long-term, low-maintenance protection. Lean-to/livestock shelter ideal for tools, equipment, or small-scale farming. Proven10-year rental history with current month-to-month lease; some TLC can boost returns significantly. Convenient location for daily needs, yet true rural living feel!

Lovely building lot in a beautiful neighborhood! This parcel spans 2.94 acres and features Maggoddee Creek running through the back of the property. There is a spacious cleared area that is ready for you to build your dream home, while the rear of the lot boasts a nice, wooded area. High-speed internet is available, making working from home a breeze. The location is ideal, being close to Roanoke, Rocky Mount, and the West Lake area. Check it out! Buyer to install septic and to connect to the community water system.

BREATHTAKING PANORAMIC VIEWS FROM THIS UPSCALE COMMUNITY IN FRANKLIN CO. W/EASY ACCESS TO US220. GREAT LOCATION TO ALL OF YOUR EVERYDAY AMENITIES INCLUDING SCHOOLS, YMCA, RESTAURANTS, SHOPPING, THE HARVESTER PERFORMANCE CTR, FARMERS MARKET, ETC. 20 MINS TO SMITH MTN LAKE, 25 MINS TO ROANOKE. PUBLIC WATER & SEWER - CONNECTIONS TO BE PAID BY PURCHASERS, UNDERGROUND UTILITIES, SHENTEL CABLE/INTERNET PROVIDER

This lovely building lot is located in the established Pleasant Hill subdivision. The parcel is mostly cleared and level, offering an ideal setting to build your dream home. Conveniently situated just minutes from the Town of Rocky Mount, the location provides easy access to local amenities such as shopping, banking, the hospital, and the Harvester Performance Center. Public water is available at the site. The purchaser will be responsible for connecting to public water or installing a private well, as well as arranging for a private septic system. Nice views and a great setting!

This expansive 100-acre parcel offers exceptional potential for residential, commercial, or mixed-use development. With easy access to transportation routes, utilities nearby, and proximity to schools, shopping, and recreation centers, this property is ideally suited for investors and developers seeking a high-impact opportunity. The land is raw and mostly wooded with a mix of terrain allowing for flexible planning and phased development. Town water lines are easily accessible along N Main and Frontage roads.

Countryside Estates -Tract 9 - 5.10 acres with shared pond. Private, secluded and woodsy. No Mobiles or Double wides allowed. Convenient to Rocky Mount and Martinsville. All owners share in maintenance of road when needed. Purchasers responsible for well and septic.

The Landmark - beautiful mountain and panoramic views of the surrounding area. Less than 25 minutes to Roanoke, convenient to Smith Mountain Lake. Visit downtown Rocky Mount and enjoy the Farmers Market, The Harvester Performance Center, restaurants etc. Purchaser responsible for public water and sewer connections. Work from home with Shentel Cable and enjoy the surrounding views.

5 Acres - Great area minutes to Roanoke, 10 minutes to Rocky Mount. One of Franklin Counties' most beautiful areas. Perfect for livestock with STREAM. Perked and ready to go. Purchaser responsible for well and septic. Check the document tab for restrictions and survey.

Great location, location, location!!! Really nice area for your new home. Convenient to Roanoke, Rocky Mount and SML. Already perked and ready to go. Purchaser responsible for installation of well and septic. Shentel Cable is available. Check the documents tab for survey & restrictions & convenants.

Nice 1.147 acres located in a really nice, convenient area. minutes to Roanoke, 10 minutes to Rocky Mount and convenient to SML. Property has been perked and ready for your dream home. Purchaser responsible for installation of well and septic. Shentel Cable is available. Check the documents tab for survey & restrictions & convenants.