Exceptional opportunity in the heart of Montpelier, Virginia - 50 acres with significant road frontage and long-term development potential. Situated in Hanover County, Virginia with an established neighborhood leading up to the property and a subdivision directly behind, this offering presents a compelling investment for builders, developers, or land investors. The parcel features approximately 1,100 feet of road frontage along Gun Barrel Road and 2,350 feet along the western side, with generally flat topography and some gentle rolling hills, creating favorable conditions for future use (buyer to verify subdivision and zoning possibilities; currently zoned A-1). The existing 1,664 sqft home (3 bedrooms, 2 baths) is a full renovation or tear-down, and is being sold strictly as-is, cash only. Unique to the property, both first- and second-floor decks overlook a scenic pond across the street, offering attractive water views without ownership or maintenance. Priced well below the current tax assessment, this property is positioned for immediate value and upside in a highly desirable and growing area.
Listed By
Agency Name: Samson Properties
Agency Contact: dsamson@samsonproperties.net
Shown By
Agent Name: Michael Kane
Agent Phone: (804) 551-1920
Agency Title: Kane Company Realty
Estimated Payment
$ 1,608.81 per month $1,224.06 Principal & Interest $224.33 Property Tax $160.42 Homeowner's InsuranceLicensed Real Estate Firm and Agents in the Commonwealth of Virginia.
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16391 Gun Barrel Road | MLS# 2607928
This single family home located at 16391 Gun Barrel Road, Beaverdam, VA 23192 is currently listed for sale with an asking price of $550,000. This property was built in 1992 and has 3 bedrooms and 2 full baths with 1664 sq. ft. Search Beaverdam real estate on michaelkane.kanecompanyrealty.com today.