Colonial Ave
Roanoke, VA 24018
Cave Spring(on 2.19 acres)
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
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0.89 | Lot/Land | $23,650 | 02/05/26 | - | - | ||
0.91 | Lot/Land | $19,350 | 02/05/26 | - | - | ||
1.45 | Lot/Land | $137,000 | 11/21/25 | - | - | ||
1.30 | Lot/Land | $175,000 | 08/26/25 | - | - | ||
2.03 | Lot/Land | $133,500 | 11/21/25 | - | - | ||
2.03 | Lot/Land | $120,500 | 12/12/25 | - | - | ||
2.03 | Lot/Land | $400,000 | 11/19/25 | - | - | ||
2.12 | Lot/Land | $275,000 | 11/12/25 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $392,300 | 3 | 3 | 2,060 | Off Market | |
0.02 | - | - | - | - | Off Market | |
0.05 | $346,200 | 4 | 2 | 1,709 | Off Market | |
0.07 | $474,400 | 4 | 3 | 2,479 | Off Market | |
0.08 | $439,000 | 4 | 2 | 2,000 | For Sale | |
0.09 | $413,300 | 4 | 2.5 | 2,160 | Off Market | |
0.07 | $335,900 | 4 | 2 | 2,285 | Off Market | |
0.08 | $269,800 | 3 | 2 | 1,352 | Off Market | |
0.09 | $348,100 | 4 | 2.5 | 2,169 | Off Market | |
0.12 | $399,950 | 3 | 2.5 | 2,399 | Recently Sold | |
0.11 | $469,999 | 3 | 3 | 2,821 | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Lot/Land
Lot Size
2.19 acres
About this House
Great R3 zoned properties for Multi-Family or office as Ancillary to nearby Woodland Hills Independent Living and Carilion Clinic Facilities. Intersection of Colonial Ave. and Ogden Rd. Close to Tanglewood Mall, Lewis Gale Clinic, Restaurants and shopping. Close to Pebble Creek and Honeywood Apartments. Public Bus Transportation, close by Electric Rd and Major interstate Highways.
Colonial Ave, Roanoke, VA 24018 is a lot/land in Cave Spring. It last sold for $58,000 on Mar 20, 2024 (14% below the $67,500 asking price). It is currently off market. The Trulia Estimate rent is $1,406/month.
Last check for updates: about 10 hours ago
Listed by TIM THOMPSON, (540) 353-7073
MKB, REALTORS®
Bought with: PINKESH PATEL, (540) 314-0777, LONG & FOSTER - ROANOKE OFFICE
Source: RVAR, MLS#905504

Home Details for Colonial Ave
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Gas & Electric Electric: Above Ground |
View No View |
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Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 188 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Parcel Number: 077.150101.000000, 077.1101.59.000000 |
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Price List Price: $67,500 |
Status Change & Dates Off Market Date: Fri Mar 08 2024 |
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MLS Status: Closed |
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Direction & Address City: Roanoke |
School Information Elementary School: Green ValleyJr High / Middle School: Cave SpringHigh School: Cave Spring |
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No HOA |
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Lot Area: 2.19 Acres |
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Mls Number: 905504 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 20, 2024 Source: RVAR #905504 | Sold | $58,000 |
Mar 8, 2024 Source: RVAR #905504 | Pending | $67,500 |
Mar 5, 2024 Source: RVAR #905504 | Listed For Sale | $67,500 |
Aug 17, 2021 Source: RVAR #882217 | ListingRemoved | |
Jul 23, 2021 Source: RVAR #882217 | Listed For Sale | $40,000 |
Jul 2, 2020 Source: Agent Provided | ListingRemoved | $80,000 |
Jan 22, 2020 Source: Agent Provided | PriceChange | $80,000 Price decreased by 38% |
Sep 5, 2019 Source: Agent Provided | Listed For Sale | $130,000 |
Aug 28, 2019 Source: RVAR #845578 | Sold | $35,000 |
Aug 21, 2019 Source: Agent Provided | Pending | $54,950 |
Sep 10, 2018 Source: Agent Provided | Listed For Sale | $54,950 |
Market trends in Cave Spring
Last updated July 2026
Avg. sale price
$348K
$12.52KMoM
Sale-to-List Price
99.4%
0.1%MoM
Price per sq ft
$177
$2MoM
Available listings
109
3MoM
Around this home
What Locals Say about Cave Spring
At least 181 Trulia users voted on each feature.
93 % Say car is needed
91 % Say it's dog friendly
87 % Say parking is easy
75 % Say it's quiet
74 % Say there's holiday spirit
72 % Say there's wildlife
71 % Say people would walk alone at night
71 % Say kids play outside
70 % Say yards are well-kept
59 % Say neighbors are friendly
57 % Say they plan to stay for at least 5 years
40 % Say it's walkable to grocery stores
30 % Say streets are well-lit
28 % Say it's walkable to restaurants
26 % Say there are sidewalks
22 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

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All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.
All information is deemed reliable but not guaranteed, and should be independently verified.
All information is deemed reliable but not guaranteed, and should be independently verified.
Frequently asked questions about Colonial Ave
- What is the price history for Colonial Ave?Colonial Ave in Roanoke, VA last sold for $58,000 in March 2024.
- Is Roanoke a buyer's or seller's market?Roanoke is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Roanoke?The median sale price in Roanoke is $348K. That is up $12.52K from the prior month.
- What do residents say about the Cave Spring neighborhood?Residents describe the Cave Spring neighborhood in Roanoke, VA as dog-friendly, easy to park in, and quiet. Most residents say you need a car. See recently sold homes in Cave Spring, Roanoke.

