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765 Water Wheel Road, 
Galax, VA 24333

$550,000


Bed


Bath


2,788

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Pamela G Montgomery

Bhhs- Mountain Sky Properties, Wytheville

276-228-8882

Last updated:

September 12, 2026, 10:09 PM

MLS#

111882

Source:

VA SWVAR

About This Home

765 Water Wheel Road

Twin Brooks Lodge offers a rare investment opportunity combining income-producing apartments, historic charm, and unique property features. Originally built to accommodate tourists as an Airbnb, the property now provides housing for five full-time tenants. The apartment building features five efficiency apartments including one handicap-accessible unit. Each apartment offers 1 bedroom, 1 bath, a living area, and an eat-in kitchen equipped with a refrigerator, microwave, hot plate, and sink. Hardwood floors and mini-split heating and cooling provide comfort and easy maintenance. Adding to the property's character is a historic log cabin, previously used as a rental and currently vacant. The cabin is being sold as-is. Additional historic features include a log kitchen/shelter and a grist mill, creating a truly distinctive property with potential for additional income, personal use, or continued preservation of its unique history. Residents share a spacious laundry area with plenty of room for washing, folding, and organizing. Outside, a large covered porch with a handicap-accessible ramp provides a welcoming space to gather and relax while enjoying the peaceful surroundings and the soothing sounds of two streams flowing through the property. Whether you're an investor seeking rental income, someone looking for a unique property with multiple possibilities, or simply drawn to historic character and natural beauty, Twin Brooks Lodge deserves a closer look!

Home Facts

Multi-Family

Built in 2004

Subdivision & Development:

N/A

Price Summary

550,000

$197 per Sq. Ft.

MLS #:

111882

Last Updated:

September 12, 2026, 10:09 PM

Added:

2 day(s) ago


Rooms & Interior

Interior

Living Area:

2,788 Sq. Ft.


Structure

Structure

Building Area:

2,788 Sq. Ft.

Year Built:

2004


Lot

Lot Size (Sq. Ft):

143,748


Finances & Disclosures

Finances

Price:

$550,000

Price per Sq. Ft:

$197 per Sq. Ft.

Source:VA SWVAR
The information being provided by Southwest Virginia Board Of REALTORS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Southwest Virginia Board Of REALTORS® All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.