4020 Freestone Valley Rd, Tannersville, VA, 24377
About This Home
Situated in the heart of Tannersville within Tazewell County, this expansive 493 +/- acre property offers a blend of agricultural, residential, and recreational use. The land is positioned on both sides of Freestone Valley Road, providing road frontage and ease of movement throughout, including several access gates. Currently utilized for cattle pasture and row crops, the property features expansive open ground and established fencing. There is marketable timber and varying terrain that provides a functional habitat for local wildlife, including deer, bear, and turkey. The residential improvements include a five bedroom, two bathroom main home and a separate bunk house. The main residence has a large open living area with numerous windows, allowing for natural light and long range views. The home also features a nice screened porch and attached garage. The bunk house presents a flex space for additional guests or serving as a potential rental for overnight visitors exploring the region. The home is supported by well water, septic and even has a backup generator! The large barn on the property provides ample space for your equipment and agriculture needs. Waterfront property indeed, having approximately 1,800 feet of frontage on Laurel Creek, including a private island! In addition to the primary water feature, there are multiple springs flowing out of the mountain and a small pond. The topography allows for long range views of the surrounding valley and mountains from multiple vantage points. An established trail system, easily traveled by both passenger vehicle and ATV, weaves through the property to provide access to upper elevations and hardwood ridges. The property includes highly visible, level frontage on Route 16 for possible commercial/tourism based business. Area attractions: Burkes Garden, Appalachian Trail, Laurel Bed Lake, Hungry Mother State Park, Jefferson National Forest. Appointment Only. Buyer/Buyer Agents to verify all information.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1971
Materials
- Foundation: Block
- Roof: Shingle
- Construction materials: Wood Siding,Dry Wall
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Electric Oven,Electric Range,Electric Water Heater,Microwave,Range,Refrigerator,Washer
Basement
- Area: 0
Basement
- Basement: Crawl Space,None
Bathroom
- Level: First
Bathroom2
- Level: First
Bedroom2
- Level: First
Bedroom3
- Level: First
Bedroom4
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Level: First
Family Room
- Level: First
Features
- Ceiling Fan(s),High Speed Internet,Cable High Speed Internet
- Window features: Casement Window(s),Wood Frames
- Flooring: Vinyl
- Fireplace features: None
- Finished area below ground: 0
- Finished area above ground: 1,480
Heating & Cooling
- Heating features: Oil,Propane
- Cooling features: None
Interior Area
- Total structure area: 1,480
- Total interior livable area: 1,480 sqft
Kitchen
- Level: First
Living Room
- Level: First
Master Bedroom
- Level: First
Property
Details
- Parcel number: 164A0010
- Zoning: Agri
Features
- Stories: 1
- Patio & porch: Covered,Porch,Screened
- Exterior features: Horses Allowed,Mature Trees,Other
- Fencing: Other
- Has view: Yes
- View description: Creek/Stream
- Has water view: Yes
- Water view: Creek/Stream
- On waterfront: Yes
- Waterfront features: Waterfront,Creek
- Horses can be raised: Yes
Lot
- Lot size: 493 Acres
- Features: Borders National Forest,Cleared,Level,Rolling Slope,Secluded,Steep Slope,Views,Waterfront,Wooded
Parking
- Total spaces: 1
- Parking features: Attached,Garage,Other
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
- Drought
- Inland Flooding
- Landslide
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,522 | $78,264 |
| Home Insurance * | $345 | $4,140 |
| Property Taxes | $807 | $9,684 |
| Electricity | $202 | $2,433 |
| Total | $7,876 | $94,512 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-20 | Listed for sale | $1,500,000 |
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