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763 Oakwood Dr SW, Roanoke, VA, 24015

5beds
4baths
3,127sqft
$774,000
$248price/sqft
$5,273/moest. monthly cost
$210,920/yrincome needed

About This Home

THIS STUNNING HOME ON 1.4 ACRES OFFERS THE BEST OF BOTH WORLDS: Nestled in the heart of Roanoke yet surrounded by the Peaceful Charm of Nature! Serene, Private Surroundings: You'll feel like you've escaped to the Countryside! Beautifully Updated 5Bed/4Bath Home with Fully Updated Living space! Expansive Kitchen, Cabinets Galore, Large Island Bar, Spacious Dining Area & more! Modern Updates enhance the Timeless Charm of this Peaceful Retreat! Relax & Unwind on the Lovely Patio! Only moments away from All Amenities! {Additional parking added directly across from home.} DON'T MISS THIS ONE! Shows Immaculate! ''Improvements List'' available under Documents.

Getting Around

60
WalkingSomewhat Walkable
30
TransitSome Transit
22
BikeSomewhat Bikeable

Schools

3/10
2/10
3/10
Patrick Henry High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1962

Materials

  • Construction materials: Brick,Stone,Vinyl

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Electric Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Indirect Lighting,Other - See Remarks,Storage
  • Flooring: Ceramic Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Finished area above ground: 3,127

Heating & Cooling

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

Interior Area

  • Total structure area: 3,127
  • Total interior livable area: 3,127 sqft

Property

Details

  • Parcel number: 1260304

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio,Side Porch
  • Exterior features: Other - See Remarks,Maint-Free Exterior
  • Has spa: Yes
  • Spa features: Bath

Lot

  • Lot size: 1.40 Acres

Parking

  • Total spaces: 1
  • Parking features: Attached,Paved,Off Street
  • Has garage: Yes
  • Covered spaces: 1
  • 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

  • Strong Wind
    Strong WindRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Severe Storm
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 $3,913$46,956
Home Insurance *$271$3,252
Property Taxes $788$9,456
Electricity $301$3,614
Total$5,273$63,276
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$180,788/yr
40% on housing$158,190/yr
45% on housing$140,613/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: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$248This listing

vs Other Active Listings

Avg $/sqft

ZIP 24015$163
Roanoke City$133

vs Homes Sold Last Month

Median $/sqft

ZIP 24015$142
Roanoke City$124

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
2026-05-06Price change$815,000
2026-03-16Listed for sale$850,000
2019-05-20Sold$237,000
2019-04-05Pending sale$252,500
2019-03-27Listed for sale$252,500
2018-11-30Listing removed$254,950
2018-09-25Price change$254,950
2018-08-03Price change$259,950
2018-06-20Price change$264,950
2018-05-24Price change$269,000
2018-04-17Listed for sale$279,000

For Sale by Agent

AgentANGIE MCGHEE
BrokerageMKB, REALTORS(r) - FRANKLIN CO

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