See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2825 Fairway Forest Dr, Salem, VA, 24153

5beds
4baths
3,096sqft
$549,000
$177price/sqft
$3,794/moest. monthly cost
$151,760/yrincome needed

About This Home

Taken down to its beginning and brought back to life, this home features elegant design and high-end finishes coupled with copious upgrades and an abundance of natural light. Brand new hardwood floors emanate seamlessly throughout the main level and second floor, complimenting the improved layout configuration that allows for functionality and flow. Notable features that allow for a move-in ready experience include a new roof, gutters and downspouts, windows, upgraded electrical outlets, gorgeous tile work in the bathrooms, and updated lighting throughout. Cook your favorite meals in the beautifully-designed kitchen that is fully equipped with brand new GE appliances, slow-close and quality cabinetry, and quartz countertops and backsplash. Take in nature and relax on the back deck complete with trex decking and a newly built staircase to access your nearly one-acre lot. Plan your garden just in time for Spring with endless landscaping potential and space to take advantage of all the planting possibilities. Enjoy your downtime on the weekends with loved ones with the finished basement space that includes new LVP flooring and an additionally added bedroom and full bathroom. With an abundance of space, peace of mind with quality finishes and upgrades, living luxuriously is an everyday promise with this home.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

5/10
7/10
6/10
Salem High SchoolGrades 9-123.3 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1971

Materials

  • Construction materials: Brick,Vinyl

Type & Style

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

Interior

Appliances

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

Basement

  • Has basement: Yes

Bedroom1

  • Level: U

Bedroom2

  • Level: U

Bedroom3

  • Level: U

Bedroom4

  • Level: U

Bedroom5

  • Level: L

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Den

  • Level: E

Dining Area

  • Level: E

Features

  • Indirect Lighting,Storage
  • Door features: Sliding Doors,Wood
  • Window features: Insulated Windows
  • Flooring: Ceramic Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Den,Recreation Room
  • Fireplace: Yes
  • Finished area below ground: 1,128
  • Finished area above ground: 1,968

Foyer

  • Level: E

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 3,096
  • Total interior livable area: 3,096 sqft

Kitchen

  • Level: E

Laundry

  • Level: E

Living Room

  • Level: E

Primary Bedroom

  • Level: U

Recreation Room

  • Level: L

Property

Details

  • Parcel number: 31724

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Patio
  • Exterior features: Garden Space
  • Fencing: Fenced
  • Has view: Yes
  • View description: Sunrise,Sunset

Lot

  • Lot size: 0.83 Acres
  • Features: Varied,Wooded

Parking

  • Total spaces: 2
  • Parking features: Attached,Paved,Assigned
  • Has garage: Yes
  • Covered spaces: 2
  • 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
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 $2,776$33,312
Home Insurance *$181$2,172
Property Taxes $539$6,468
Electricity $298$3,578
Total$3,794$45,528
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$130,080/yr
40% on housing$113,820/yr
45% on housing$101,173/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: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$177This listing

vs Other Active Listings

Avg $/sqft

ZIP 24153$146
Salem City$107

vs Homes Sold Last Month

Median $/sqft

ZIP 24153$164
Salem City$165

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
2026-05-11Price change$589,000
2026-04-27Price change$599,000
2026-04-16Price change$625,000
2026-03-25Listed for sale$629,000
2025-12-29Sold$315,000
2025-12-08Pending sale$399,950
2025-09-16Listed for sale$399,950

For Sale by Agent

AgentBAILEY JENKINS
BrokerageNEST REALTY SOUTHSIDE

Similar Homes