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For salePrice reduced

3202-3204 Mathews Lane

Blacksburg, VA 24060

$1,380,000 Reduced $70,000

Listed by Joe Racek and Jared Moore, Sycamore REALTORS

About this home.

Unique opportunity <5 miles from Virginia Tech! This 19-acre estate across 4 parcels offers incredible multi-generational or development potential, featuring two homes, a build-ready lot, and a 14-acre pasture. 3202 Mathews Ln (Main Home): A completely modernized custom round home blending unique character with contemporary design. Enjoy a bright, open-concept kitchen/living great room with panoramic views. Includes 4 main-level bedrooms, 2 lower-level bedrooms, and an oversized 2-car attached garage. 3204 Mathews Ln (Second Home): A 4BR/2BA home ideal for immediate rental income, extended family, or guests. The Land: Features a separate 1.5-acre build-ready parcel and 14+ acres of pasture with a historic heritage barn—perfect for farming, livestock, or future subdivision. Don't miss this generational Blacksburg investment. Schedule your tour today!

Facts and features.

The home

Type
House (Detached)
Style
Contemporary
Year built
1970
Finished area
3,519 sq ft
Bedrooms
6
Bathrooms
3 full
Levels
One and a half

Inside

Basement
Partially Finished
Finished basement
900 sq ft
Fireplaces
None
Appliances
Dishwasher, Range/Gas, Refrigerator, Washer Hookup, Cooktop/Gas
Interior features
Built-Ins, Ceiling Fan(s), Custom Cabinets, Exposed Beams, Extra Storage, Laundry on Main, Pantry, Upgrd/Gourmet Ktchn, Vaulted Ceiling, Walk-in Closet(s), Primary Bed on Main

Outside and lot

Lot
19.4 acres
Garage
2 spaces, double under
Exterior
Vinyl
Roof
Shingle
Outdoor features
Deck, Garden Space, Gravel Driveway

Utilities

Heating
Heat Pump
Cooling
Heat Pump
Water source
Well
Sewer
Septic

Community

Virginia Tech
4.1 miles to the Drillfield (straight line)
County
Montgomery County
Schools
Elementary Price's Fork Elementary PK-5 · 0.7 miMiddle Blacksburg Middle 6-8 · 1.9 miHigh Blacksburg High 9-12 · 2 miAssigned by attendance zone. Boundaries can change; confirm with Montgomery County Public Schools. Distances are straight-line.

The listing

Price per sq ft
$392
Days on market
115
Listed
Jun 15, 2026
Source
New River Valley Association of REALTORS® MLS #427712

Price and status history.

115

days on market

$70K

below the original price of $1,450,000

DateEventPrice
Jun 15, 2026Listed for sale$1,450,000

Price per square foot

This home$392
Blacksburg house median$225

Asking price per finished square foot, compared with the median of 271 houses sold in Blacksburg in the last 12 months. 74% above the median.

Location.

3202-3204 Mathews Lane, Blacksburg, VA 24060

3202-3204 Mathews Lane, Blacksburg, VA 24060.

4.1 miles to the Virginia Tech Drillfield (straight line). Walking and driving distances are longer.

Around here.

Straight-line miles from this home. Driving and walking distances are longer. Discover Blacksburg

Estimate a monthly payment.

Every number below is yours to change. The interest rate is an example, not a quote.

$8,228/mo

Principal and interest
$6,978
Property tax
$1,150
Home insurance
$100
HOA dues
$0

Loan amount $1,104,000

Example rate only. Change it to the rate a lender offers you.

Example: 1% of the price. Use the actual tax bill.

Example. Use your quote.

An estimate for planning only. It is not a loan offer or a rate quote, and it leaves out mortgage insurance and closing costs. A lender can give you exact numbers.

Listing information

Listing courtesy of Sycamore REALTORS.

Information last updated .

Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed and should be independently verified. Listings are courtesy of the listing brokerage shown with each property.

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