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.
For sale
$180,000
1427 Reed Hollow Rd, Gate City, VA 24251
4beds
2,282sqft
Est.:
Single Family Residence, Residential
Built in 1940
1.5 Acres Lot
$133,300 Zestimate®
$79/sqft
$-- HOA
What's special
Beautiful open green lotRustic lodge feelStone-veneer cape codWooded backdropPlenty of natural lightCharming built-in window nooksDramatic vaulted entryway
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Zillow last checked: 8 hours ago
Listing updated: February 17, 2026 at 05:26pm
Listed by:
Lucas Lockhart 276-492-3023,
Park Hill Realty Group, LLC
Source: TVRMLS,MLS#: 9991314
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Bedroom 4
- Level: Second
Bathroom 1
- Level: Second
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric, Heat Pump
Cooling
- Heat Pump
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Master Downstairs, Kitchen Island, Laminate Counters
- Flooring: Ceramic Tile, Hardwood
- Basement: Dirt Floor,Exterior Entry
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,282
- Total interior livable area: 2,282 sqft
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Porch, Side Porch
Lot
- Size: 1.5 Acres
- Topography: Level, Rolling Slope
Details
- Parcel number: 125 A 53b
- Zoning: RS
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence, Residential
Materials
- Brick, Masonite, Stone Veneer, Plaster
- Foundation: Block
- Roof: Composition
Condition
- Average
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Private Sewer
- Water: Private, Well
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Pikes Branch
HOA
- Has HOA: No
Location
- Region: Gate City
Financial & listing details
- Price per square foot: $79/sqft
- Tax assessed value: $85,900
- Annual tax amount: $661
- Date on market: 2/18/2026
- Listing terms: Cash,Conventional
Estimated market value
$133,300
$89,000 - $181,000
$1,889/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2026 | Listed for sale | $180,000+183.5%$79/sqft |
Source: TVRMLS #9991314 Report a problem | ||
| 8/4/2011 | Sold | $63,500$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $661 | $85,900 |
| 2023 | $661 | $85,900 |
| 2022 | $661 -17.2% | $85,900 -14% |
| 2021 | $799 | $99,900 |
| 2020 | -- | $99,900 |
| 2018 | $739 | $99,900 |
| 2017 | -- | $99,900 |
| 2016 | -- | $99,900 +20.7% |
| 2015 | -- | $82,800 |
| 2014 | -- | $82,800 |
| 2012 | -- | $82,800 |
| 2011 | -- | $82,800 |
| 2010 | -- | $82,800 -3.5% |
| 2009 | -- | $85,800 |
| 2008 | -- | $85,800 |
| 2007 | -- | $85,800 +24.3% |
| 2003 | $504 | $69,000 |
| 2002 | $504 | $69,000 |
| 2001 | $504 | $69,000 |
| 2000 | $504 | $69,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$942/mo
Principal & interest
$840
Property taxes
$102
Climate risks
Neighborhood: 24251
Nearby schools
GreatSchools rating
- 6/10Shoemaker Elementary SchoolGrades: PK-6Distance: 1.5 mi
- 6/10Gate City Middle SchoolGrades: 7-8Distance: 1.6 mi
- 6/10Gate City High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Shoemaker
- Middle: Gate City
- High: Gate City
Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





