Tbd Wilderness Rd Pennington Gap, VA 24277
Estimated payment $4,220/month
Highlights
- Barn
- Pasture Views
- No HOA
- 216.22 Acre Lot
- Farm
- Livestock
About This Lot
Ohhhh.. My... Landa!!!!! Presented is an ultra rare opportunity to purchase OVER 200 acres of farmland!!! Leave your cares behind and escape to the countryside, where endless possibilities await! The property is fenced and offers it all!! There's acres and acres of fields and rolling pasture land (cattle currently on property), there's timber and mountains for a prime hunting retreat, and there are breathtaking views from nearly any angle of the property. What couldn't you do with 216 acres?? This would be an ideal location to continue farming, the perfect homestead, it could easily be subdivided for development, or being near businesses it could present the perfect commercial opportunity to locate your business ventures. Looking for the perfect place to build your dream home?
There are numerous suitable sites available. If you can imagine it, you can turn it into a reality here!! On the property you'll find a picture perfect barn, suitable for storing equipment. Public water is at the road and electric is already established on the property. Don't miss this incredible, rare opportunity to own a big slice of paradise!! Call your agent and schedule your showing today!! There is a water and soil conservation easement in place until October of 2028. The amount received from this currently pays the taxes and nets the sellers $2700 a year. Buyer and buyers agent to verify all information in this listing. Subject to Errors and Omissions.
Property Details
Property Type
- Land
Est. Annual Taxes
- $475
Lot Details
- 216.22 Acre Lot
- Dirt Road
- Property is in average condition
- Property is zoned AG
Property Views
- Pasture
- Mountain
Schools
- Elk Knob Elementary School
- Pennington Middle School
- Lee Co High School
Farming
- Barn
- Farm
- Livestock
Utilities
- Sewer Not Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 51a-(1)-21a
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $475 | $64,200 | $11,500 | $52,700 |
| 2023 | $436 | $70,400 | $17,100 | $53,300 |
| 2022 | $436 | $70,400 | $17,100 | $53,300 |
| 2021 | $436 | $70,400 | $17,100 | $53,300 |
| 2020 | $436 | $114,700 | $17,100 | $97,600 |
| 2019 | $436 | $70,400 | $17,100 | $53,300 |
| 2018 | $436 | $70,400 | $17,100 | $53,300 |
| 2017 | $436 | $70,400 | $17,100 | $53,300 |
| 2016 | $436 | $70,400 | $17,100 | $53,300 |
| 2015 | -- | $68,800 | $17,100 | $51,700 |
| 2013 | -- | $68,800 | $17,100 | $51,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2025 03/21/25 | For Sale | $756,770 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | None Listed On Document | |
| Gift Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $195,531 | New Conventional | |
| Previous Owner | $75,000 | New Conventional |
Source: Tennessee/Virginia Regional MLS
MLS Number: 9977616
APN: 51A-(1)-21A
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