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8501 Holly Tree Dr, Boones Mill, VA, 24065

2beds
2baths
780sqft
$260,000
$333price/sqft
$1,847/moest. monthly cost
$73,880/yrincome needed

About This Home

Looking for privacy yet convenience? This cottage is tucked away on the outskirts of Roanoke County on a mostly level, 4+ acre lot. Zoned AG3, horses are permitted, or have your very own homestead. The 2 bedroom, 2 bathroom cottage has been completely renovated to include: all new windows, vinyl plank flooring, updated bathrooms, kitchen with granite counter tops, fresh neutral paint throughout, new roof, new siding, new decking and new HVAC system. The property offers a large barn, storage container and a small pond. Perfect for an avid hunter or horse enthusiast, yet just minutes to Roanoke. Come take a look at this great property today! USDA eligible location.

Getting Around

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

Schools

9/10
10/10
8/10
Cave Spring High SchoolGrades 9-123.7 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1940

Materials

  • Construction materials: Vinyl,Wood

Type & Style

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

Interior

Appliances

  • Appliances included: Microwave,Electric Range,Refrigerator

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Window features: Insulated Windows
  • Finished area above ground: 780

Heating & Cooling

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

Interior Area

  • Total structure area: 1,170
  • Total interior livable area: 780 sqft

Property

Details

  • Parcel number: 107.000535.000000

Lot

  • Lot size: 4.19 Acres
  • Features: Cleared,Level

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
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Cold Wave
Inland Flooding
Landslide
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 $1,314$15,768
Home Insurance *$109$1,308
Property Taxes $222$2,664
Electricity $202$2,433
Total$1,847$22,164
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,325/yr
40% on housing$55,410/yr
45% on housing$49,253/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: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$333This listing

vs Other Active Listings

Avg $/sqft

ZIP 24065$171
Roanoke County$162

vs Homes Sold Last Month

Median $/sqft

ZIP 24065$116
Roanoke County$138

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
2026-08-08Pending sale$260,000
2026-08-03Price change$260,000
2026-07-06Price change$270,000
2026-06-23Listed for sale$295,000
2022-11-03Sold$20,000

For Sale by Agent

AgentJENNIFER LEE MAZEIKA
BrokeragePROPERTY NAVIGATORS LLC

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