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7845 Bear Creek Rd, Gladys, VA, 24554

8beds
8baths
8,606sqft
$2,599,000
$302price/sqft
$16,515/moest. monthly cost
$660,600/yrincome needed

About This Home

Magnificent property on 112 acres with two ponds, creek, barn, riding ring, and magnificent home, with the feel of being in TEXAS. You must see this property to appreciate the value, the workmanship, craftsmanship, and sheer beauty of a home of this caliber. Bring the horses, the chickens, the goats, and ENJOY the good life this superb ranch has to offer. So close to Lynchburg, only 22 minutes to LU, downtown, but the country life at it's finest. The guest cottage could be rental and offers guest quarters plus commercial kitchen/bakery. One step inside the main home, and you'll be swept with the beauty, the large open spaces for entertaining. Magnificent kitchen with gas range, dual refrigerators, abundance of cabinetry. Living room, dining area overlooking the property, and huge den. Explore main level primary, with incredible bath boasting tile shower, multiple bedroom retreats on second level, second master with private balcony. Terrace level with wine room, detached cottage!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

5/10
Brookneal Elementary SchoolGrades PK-510.8 mi
3/10

Construction

Condition

  • Year built: 1976

Materials

  • Roof: Shingle
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod,Two Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Refrigerator,Electric Water Heater
  • Laundry features: Dryer Hookup,Laundry Room,Main Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Finished,Full,Game Room,Heated,Interior Entry,Bath/Stubbed,Walk-Out Access

Bedroom

  • Level: Second

Bedroom2

  • Level: First
  • Area: 144

Bedroom3

  • Level: Second
  • Area: 224

Bedroom4

  • Level: Second
  • Area: 130

Bedroom5

  • Level: Second
  • Area: 187

Bedrooms & Bathrooms

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

Dining Room

  • Level: First
  • Area: 195

Family Room

  • Area: 0

Features

  • Drywall,Free-Standing Tub,Great Room,Main Level Bedroom,Main Level Den,Primary Bed w/Bath,Pantry,Separate Dining Room,Walk-In Closet(s),Workshop
  • Flooring: Ceramic Tile,Vinyl,Vinyl Plank,Wood,Other
  • Number of fireplaces: 3
  • Fireplace features: 3 Fireplaces
  • Fireplace: Yes
  • Attic: Access
  • Finished area below ground: 1,980
  • Finished area above ground: 6,626

Great Room

  • Area: 0

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Heat Pump,Two-Zone

Interior Area

  • Total structure area: 8,606
  • Total interior livable area: 8,606 sqft

Kitchen

  • Level: First
  • Area: 190

Living Room

  • Level: First
  • Area: 252

Master Bedroom

  • Level: First
  • Area: 238

Office

  • Area: 0

Property

Details

  • Parcel number: 6071
  • Special condition: Farm (Possible)

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio,Front Porch,Rear Porch
  • Exterior features: Balcony,Garden,Other

Lot

  • Lot size: 112 Acres
  • Features: Landscaped

Parking

  • Parking features: Circular Driveway
  • Has uncovered spaces: Yes

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
    LightningRelatively High
  • Drought
    DroughtModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Drought
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 $13,141$157,692
Home Insurance *$1,618$19,416
Property Taxes $928$11,136
Electricity $828$9,947
Total$16,515$198,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$566,228/yr
40% on housing$495,450/yr
45% on housing$440,400/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: 10.4%
10.4%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$302This listing

vs Other Active Listings

Avg $/sqft

ZIP 24554$116
Campbell County$143

vs Homes Sold Last Month

Median $/sqft

ZIP 24554$104
Campbell County$141

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
2026-08-13Price change$2,395,000
2026-06-16Price change$2,599,000
2026-05-11Listed for sale$2,950,000
2025-12-10Pending sale$2,950,000
2025-08-06Price change$2,950,000
2025-06-18Price change$3,300,000
2025-06-03Listed for sale$3,500,000
2025-04-17Listing removed$2,500,000
2025-04-16Price change$2,500,000
2025-04-11Listed for sale$2,900,000

For Sale by Agent

AgentNadine Blakely
BrokerageRe/Max 1st Olympic

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