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2044 Three Otters Rd, Bedford, VA, 24523

3beds
1baths
1,269sqft
$252,900
$199price/sqft
$1,648/moest. monthly cost
$65,920/yrincome needed

About This Home

This solid brick ranch offers a rare opportunity to own two separate parcels totaling approximately 2.11 acres in a peaceful Bedford County setting just minutes from the Town of Bedford. Built in 1960, the home sits on a 1.59-acre parcel, with an additional 0.52-acre lot included in the sale, providing added flexibility, privacy, or future possibilities. The home offers approximately 1,269 square feet of main-level living with 3 bedrooms and 1 full bathroom, plus a 700-square-foot unfinished walk-out basement offering excellent storage, workshop space, or future expansion potential. A classic brick fireplace, original hardwood flooring, and solid brick construction provide an excellent foundation for renovation. Surrounded by mature hardwood trees, the property enjoys exceptional privacy while remaining conveniently located only minutes from shopping, restaurants, healthcare, and schools in Bedford. The circular driveway, covered carport, and expansive yard create an attractive country setting. The home is being sold strictly AS IS, making it an ideal opportunity for investors, flippers, or buyers looking to renovate and build equity. The home will need a new roof (not leaking but old) and new HVAC (also working but old) as well as interior renovations. Excellent structure with tons of potential.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

3/10
Bedford Primary SchoolGrades PK-11.7 mi
7/10
Bedford Middle SchoolGrades 6-83.6 mi
2/10
Liberty High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 1960

Materials

  • Roof: Asphalt
  • Construction materials: Wood

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Range / Oven

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood,Linoleum / Vinyl
  • Fireplace features: masonry
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced air,Other,Oil
  • Cooling features: Central

Interior Area

  • Total interior livable area: 1,269 sqft

Property

Details

  • Parcel number: 10924

Features

  • Exterior features: Brick
  • Has view: Yes
  • View description: Mountain

Lot

  • Lot size: 1.59 Acres

Parking

  • Parking features: Carport,Off-street

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

  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Flood
Severe Storm
Tornado
Tropical Storm
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 $1,278$15,336
Home Insurance *$86$1,032
Property Taxes $82$984
Electricity $202$2,433
Total$1,648$19,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,502/yr
40% on housing$49,440/yr
45% on housing$43,946/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: 11.3%
11.3%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$199This listing

vs Other Active Listings

Avg $/sqft

ZIP 24523$179
Bedford County$196

vs Homes Sold Last Month

Median $/sqft

ZIP 24523$192
Bedford County$181

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)

No zestimate history available

Price History

DateEventPrice
2026-08-05Pending sale$239,000
2026-08-04Price change$239,000
2026-07-18Listed for sale$252,900

For Sale by Owner

AgentProperty Owner

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