Townhomes for Sale in Montvale, VA

Montvale, 16 miles from Roanoke, is a small community that values country living and access to nearby towns. “Usually, to move there, you're getting out of the city life and embracing country living,” says Jessica Perdue, a Realtor with MKB Realtors. Perdue grew up in Montvale and has worked in the industry since 2018. “They have a really good view of the mountains on either side.” The Lynchburg Salem Turnpike bisected the area, which leads to Roanoke, Lynchburg and Bedford. Further from the turnpike, there is farmland and countryside. The area was home to gas and oil companies: TransMontaigne, Buckeye Partners, CITGO, RYT LLC. The companies closed in 2018, taking jobs with them, and leaving 35 empty oil tanks. The tanks may be removed and the land opened for redevelopment in the future. Most homes are along gridded streets near the Lynchburg Salem Turnpike. Outside the main thoroughfare, homes line winding roadways. Homes are in the foursquare and ranch-styles. They have a median sale price of $80,000. “There are older homes built from 1930 to the 1980s; those homes will have public water but private septic,” says Perdue. “They are on quarter-acre to an-acre lots. Outside of that