1427 Reed Hollow Rd, Gate City, VA, 24251
About This Home
Looking for a project that stands out? This stone-veneer Cape Cod is a true one-of-a-kind fixer-upper with a layout you won't find elsewhere. The main level features a dramatic vaulted entryway with wood-paneled walls and a rustic lodge feel. This floor includes one bedroom and a dedicated laundry room where a bathroom was previously removed. The second level holds the remaining three bedrooms and the home's full bathroom. All upstairs bedrooms feature charming built-in window nooks that provide plenty of natural light. Outside, the property sits on a beautiful, open green lot with a massive shade tree and a wooded backdrop. Bring your tools and your vision to transform this unique blank canvas! All info is pulled from CRS and should be verified by the buyer and buyer's agent.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Property condition: Average
- Year built: 1940
Materials
- Foundation: Block
- Roof: Composition
- Construction materials: Brick,Masonite,Stone Veneer,Plaster
Type & Style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Laundry features: Electric Dryer Hookup,Washer Hookup
Basement
- Has basement: Yes
- Basement: Dirt Floor,Exterior Entry
Bathroom1
- Level: Second
Bedroom2
- Level: Second
Bedroom3
- Level: Second
Bedroom4
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Level: First
Features
- Master Downstairs,Kitchen Island,Laminate Counters
- Flooring: Ceramic Tile,Hardwood
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
- Finished area below ground: 0
Heating & Cooling
- Heating features: Electric,Heat Pump
- Cooling features: Heat Pump
Interior Area
- Total structure area: 2,282
- Total interior livable area: 2,282 sqft
Kitchen
- Level: First
Living Room
- Level: First
Master Bedroom
- Level: First
Property
Details
- Parcel number: 125 A 53b
- Zoning: RS
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Deck,Porch,Side Porch
- Topography of land: Level, Rolling Slope
Lot
- Lot size: 1.50 Acres
- Lot size dimensions: See Acres
Parking
- Parking features: None
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
- Inland Flooding
- Landslide
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $910 | $10,920 |
| Home Insurance * | $107 | $1,284 |
| Property Taxes | $116 | $1,392 |
| Electricity | $219 | $2,637 |
| Total | $1,352 | $16,224 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-18 | Listed for sale | $180,000 |
| 2011-08-04 | Sold | $63,500 |
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