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2446 Deer Run Rd, Ferrum, VA, 24088

7beds
8baths
10,802sqft
$2,900,000
$268price/sqft
$18,132/moest. monthly cost
$725,280/yrincome needed

About This Home

*RARE FIND!* Breathtaking 283 acres nestled in the Blue Ridge Mountains offering nearly a mile of Smith River frontage! Formerly a Tennis camp. Main House offers 5BD/5.1BA Brick Exterior near the River, Nice 2BD/2BA Cottage w/Wrap-Around Deck & In-Ground Pool, (8) Private Cabins: Each w/2 Full Baths, Large Pavilion w/2BA & Full Commercial Kitchen, 4BD/3BA Farmhouse, Stocked Pond, BEAUTIFUL Mountain Views! Secluded Acreage, Wildlife Galore (2)Large Barns: Each with 7-Stalls BRING YOUR HORSES! Spacious Workshop, Tons of Gardening Areas, Chicken Coop, Fenced Pastures, Several Natural Springs. Not Zoned. Great Property for Corporate Retreat in the Mountains, Hunting Reserve, Church Camp or Spectacular Event Venue: So Many Possibilities for this Unique Property! (6)Outdoor Tennis Courts & more

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

7/10
8/10
Patrick County High SchoolGrades 8-1213.6 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 2005

Materials

  • Construction materials: Brick,Other - See Remarks,Vinyl

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage,Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 8
  • Full bathrooms: 7
  • 1/2 bathrooms: 1

Features

  • Other - See Remarks,Storage,Theater Room,In-Law Floorplan
  • Flooring: Carpet,Laminate,Vinyl
  • Number of fireplaces: 2
  • Fireplace features: Dining Room,Family Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 10,802

Heating & Cooling

  • Heating features: Heat Pump Electric
  • Cooling features: Ductless,Heat Pump Electric

Interior Area

  • Total structure area: 10,802
  • Total interior livable area: 10,802 sqft

Property

Details

  • Parcel number: 50189 & 501811

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: In Ground
  • Patio & porch: Patio,Front Porch
  • Has spa: Yes
  • Spa features: Bath
  • Has view: Yes
  • View description: Sunrise,Sunset
  • Has water view: Yes
  • Water view: River
  • On waterfront: Yes
  • Waterfront features: Waterfront,Pond
  • Waterbody name: River or Other
  • Horses can be raised: Yes

Lot

  • Lot size: 283.36 Acres
  • Features: Horses Permitted,Manufac Home Allowed,Stream,Views

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Covered spaces: 2

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
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Strong Wind
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Flood
Severe Storm
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $14,663$175,956
Home Insurance *$1,221$14,652
Property Taxes $1,208$14,496
Electricity $1,040$12,485
Total$18,132$217,584
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$621,668/yr
40% on housing$543,960/yr
45% on housing$483,520/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

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.

Insurance Growth Rate5-year average: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -2.3%
-2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$268This listing

vs Other Active Listings

Avg $/sqft

ZIP 24088$127
Franklin County$240

vs Homes Sold Last Month

Median $/sqft

ZIP 24088$100
Franklin County$174

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

DateEventPrice
2026-03-02Listed for sale$2,900,000
2026-03-02Listing removed$2,900,000
2025-12-15Price change$2,900,000
2025-09-01Listed for sale$3,200,000
2025-09-01Listing removed$3,200,000
2025-08-27Price change$3,200,000
2025-04-11Listed for sale$3,500,000
2025-04-11Listing removed$3,500,000
2025-04-09Listed for sale$3,500,000
2024-12-02Pending sale$3,500,000
2024-12-01Listed for sale$3,500,000
2024-11-02Listing removed$3,500,000
2024-09-12Listed for sale$3,500,000
2024-07-12Listing removed$3,500,000
2024-04-02Listed for sale$3,500,000
2024-04-02Listing removed--
2024-01-04Price change$3,500,000
2023-11-15Listed for sale$3,750,000
2023-11-15Listing removed--
2023-06-21Listed for sale$3,950,000
2014-09-16Listing removed$2,500,000
2014-04-24Listed for sale$2,500,000
2012-11-03Listing removed$2,200,000
2012-05-06Listed for sale$2,200,000
2012-03-24Listing removed$3,200,000

For Sale by Agent

AgentANGIE MCGHEE
BrokerageMKB, REALTORS(r) - FRANKLIN CO

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