Steelton Mill

Scenic Salem living perched on a hilltop, surrounded by mountain views – less than 5 minutes to downtown conveniences.

Starting From

The Upper $300s

Est. Payment

$2,368 /mo

Own a home at Steelton Mill
Temporary Interest Rate Buydown Subsidy Available.
Year 1: Payment of $2,368, based on a 3.875% Interest Rate, 6.402% APR
Year 2: Payment of $2,589, based on a 4.875% Interest Rate
Year 3-30: Payment of $2,821, based on a 5.875% Interest Rate

Principal & Interest

$1,754

Property Tax

$380

Hazard Insurance

$63

Mortgage Insurance

$171

Total estimated monthly payment

$2,368

Financing example based on a FHA 30 year fixed loan product with a 2-1 buydown. Based on a sales price of $379,990, a loan amount of $373,107 and a 3.5% down payment. Principal and interest payment of $1,754/month with a rate of 3.875% for year one, $1,975/month with a rate of 4.875% for year two, $2,207/month with a rate of 5.875% for year three and an APR of 6.402%. Rates come at a cost of 2.25% of the loan amount. Real estate taxes are estimated at $380 per month, mortgage insurance is estimated at $171 per month and hazard insurance is estimated at $63 per month for a total monthly payment of $2,368 for year one, $2,589 for year two and $2,821 for years 3-30. Interest rate is based on a 30 day rate lock. Rates and APR on loan programs may vary based on credit criteria, final amount of down payment and are subject to current market pricing. Maximum product permissible Interested Party Contribution Limits and QM points/fee limits apply. Certain restrictions may apply. Prices, offers and financing are subject to change without notice. Financing is available through NVR Mortgage Finance, Inc. NMLS ID# 1127.

Quality-crafted, single-family homes with garages surrounded by mountain views in the City of Salem.

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Coming Soon

July 2026

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We'll share community updates and give you early access to tour our homes.

104 Johnston Park Drive
Salem, VA 24153

New Single Family Homes in Salem, VA

Scenic Mountain Views Basements Available Top-Rated Schools 5 Mins to Downtown Salem

Welcome to Steelton Mill – Quality-crafted, single-family homes with mountain views and elevated living in the heart of Salem.

Perched on a scenic hilltop and surrounded by breathtaking mountain views, Steelton Mill offers a rare blend of natural beauty and everyday convenience. Enjoy peaceful surroundings just 5 minutes to downtown Salem’s shopping, dining, and daily essentials, with quick access to I-81 for easy travel throughout the region.

Homes at Steelton Mill feature 3-6 bedrooms, 2-3 bathrooms, and 2-car garages. Need even more space? Walkout basements are available on select homesites. And if you’re ready to right-size, you’ll love our one-level living floorplans.

Our thoughtfully designed homes provide open, flexible living spaces ideal for modern lifestyles. Elevated finishes come standard, like stone accents on the exterior, to spacious islands, quartz counters, and gas cooking on the inside.

Beyond your doorstep, explore the thriving Salem lifestyle with the Salem Farmers Market, Olde Salem Brewing Company, Longwood Park, and the Electric Road shopping corridor—all within a short drive. With proximity to top employers like LewisGale Medical Center, Carilion Clinic, and Wells Fargo, plus access to the top-rated Salem School District, Steelton Mill is designed for both convenience and connection. A community playground adds to the neighborhood feel, creating spaces to gather and grow.

Need a home sooner rather than later? A limited number of quick move-in homes will be available as we approach our grand opening.

Sales begin this July. Join the Interest List today and be among the first to experience hilltop living at Steelton Mill.

What’s Included When You Buy a New Home

Building new construction means clarity from day one - so you know exactly what’s included, how the process works, and who’s guiding you every step of the way.

The floorplan of your choice, thoughtfully designed to fit your lifestyle
A home built with quality materials and backed by third-party inspections
Designer Interior collections that simplify personalizing your home
A comprehensive home warranty for added peace of mind
Smart home and energy-efficient features provide convenience and long-term savings
A dedicated Community Team committed to delivering an exceptional experience

We'll Guide You Home, Every Step of the Way

Building a home is a big milestone, and we're here to make it easy. At Ryan Homes, we'll guide you through every step, answer your questions, and keep things simple. You can focus on what matters—getting ready to enjoy your new home.

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