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5637 Powell Valley Rd, Big Stone Gap, VA, 24219

$1,295,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
6 Full Baths, 1 Partial
7,500 SqFt
$173/SqFt
House
Schools Nearby

Location

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5637 Powell Valley Rd, Big Stone Gap$1,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingGarage Door Opener, Attached Garage
Garage2 spaces
Year Built1983
HeatingCentral
CoolingCentral Air
BasementYes
MLS #VAWS2000006
Lot Size6.50 Acres
StatusActive
(ACTIVE)

About 5637 Powell Valley Rd

Investment Goldmine: A Gated 7,500 Sq. ft. Mansion on 6.5+ Acres with breathtaking 360 Views of The Blue Ridge Mountains in a USGA Country Club - earning over *$1,000/NIGHT* via Marriott Collection, Expedia, VRBO, AirBnB, Events, & Private Rentals with bookings all the way out into *2025*! /// NEW FEATURES ADDED: Tennis/Basketball Court - Pool - 4K Dolby Atmos Movie Theater - 80's Retro Arcade - Gut Renovation Every Room (See Before/Afters) - Smarthome - New Roof - Gazebo - Bedroom & Bathroom Addition - 3.5 Acres Addition - Billion $ Hard Rock Casino Bristol: Opening Spring 2024! /// Also Nearby: Bristol Motor Speedway, The Biltmore, Dollywood Theme Park, Virginia Tech, UVA-Wise, Knoxville: Univ Of Tennessee /// Financially-qualified individuals only.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1983
  • Stories: 3
  • Living Area: 7,500 SqFt

Listing Office:

  • Office Name: Dream Realty, Inc.
  • Office Phone: (301) 257-9394
  • Listing Agent: Vinay Gulati

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Floor Plan - Open

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Exterior: Tennis Court(s)

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage Door Opener, Attached Garage

Lot Features

Lot Information:

  • Lot: Trees
  • Lot Size: 6.50 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Union High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Eastside High School, Public District Grades 9-12
  • Powell Valley Middle School, Public District Grades 5-8
  • L.F. Addington Middle School, Public District Grades 5-8
  • Coeburn Middle School, Public District Grades 5-8
  • Powell Valley Primary School, Public District Grades PK-4
  • Wise Primary School, Public District Grades PK-4
  • Coeburn Primary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From powell valley road turn onto sunny road and drive to the large house at the gated driveway.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,295,000
  • Price Per SqFt: $173/SqFt

Tax Information:

  • Annual Amount: $3,654
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Big Stone Gap, VA.

Med. Sold Price

$186.9K

Med. Price/SqFt

$90

Avg. Days On Market

81

# of Sold Homes

5

5637 Powell Valley Rd vs Big Stone Gap

55 DAYS ON ROCKET

-26 Days

$1,295,000

+$1.1M More

$173/SqFt

+$83 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $83/SqFt more than other homes in Big Stone Gap, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VAWS2000006

Listing Office:

  • Office Name: Dream Realty, Inc.
  • Office Phone: (301) 257-9394
  • Listing Agent: Vinay Gulati

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 2:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,654$529,600
2019$3,654$529,600
2018 - $529,600
2017$3,328$554,700

History based on county public records data.

Payment Calculator

$6,531

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,949

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3472159
10
/10
  • Powell Valley Primary School

  • 2945 2nd Ave E

  • 3.36 miles

  • Public District Grades PK-4

school-card-donut-3472160
7
/10
  • Wise Primary School

  • 323 Railroad Ave SE

  • 7.75 miles

  • Public District Grades PK-4

school-card-donut-3472161
9
/10
  • Coeburn Primary School

  • 332 Schoolhouse Hill Dr NE

  • 12.14 miles

  • Public District Grades PK-4

Middle School

school-card-donut-3472162
6
/10
  • Powell Valley Middle School

  • 3137 2nd Ave E

  • 3.19 miles

  • Public District Grades 5-8

school-card-donut-3472163
9
/10
  • L.F. Addington Middle School

  • 324 School St

  • 7.86 miles

  • Public District Grades 5-8

school-card-donut-3472164
8
/10
  • Coeburn Middle School

  • 518 Centre Ave NE

  • 12.27 miles

  • Public District Grades 5-8

High School

school-card-donut-3472165
7
/10
  • Union High School

  • 322 Powell Valley Rd

  • 3.54 miles

  • Public District Grades 9-12

school-card-donut-3472166
8
/10
  • Central High School

  • 301 Industrial Park Rd

  • 6.18 miles

  • Public District Grades 9-12

school-card-donut-3472167
8
/10
  • Eastside High School

  • 3207 Deacon Dr (Temp)

  • 20.39 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,714. Typical income of Big Stone Gap, VA residents is between $35k-100k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5637 Powell Valley Rd

What is the listing price of this property?

The listing price of 5637 Powell Valley Rd property is $1,295,000.

What type of property is this?

The property 5637 Powell Valley Rd is a house located in Big Stone Gap, Virginia, 24219.

Is this property for sale now?

Active Listing: 5637 Powell Valley Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5637 Powell Valley Rd are:
Powell Valley Primary School: GreatSchools Rating 10/10
Wise Primary School: GreatSchools Rating 7/10
Coeburn Primary School: GreatSchools Rating 9/10
Powell Valley Middle School: GreatSchools Rating 6/10
L.F. Addington Middle School: GreatSchools Rating 9/10
Coeburn Middle School: GreatSchools Rating 8/10
Union High School: GreatSchools Rating 7/10
Central High School: GreatSchools Rating 8/10
Eastside High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,654 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5637 Powell Valley Rd has 9 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 5637 Powell Valley Rd is 7,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5637 Powell Valley Rd is 1983.

Rocket HomesVirginiaWise CountyBig Stone Gap242195637 Powell Valley Rd

This home is located at 5637 Powell Valley Rd in Big Stone Gap, VA and zip code 24219. This 7,500 square foot home, which was built in 1983, sits on a 6.50 acre lot. Features: 9 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $1,295,000.

In March 2024, from all listings sold in Big Stone Gap, VA there were more than 1 sold above asking price, over 4 sold below and more than 0 were sold right at the asked price. In March 2024 in Big Stone Gap, VA there were 4.5% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $186,933, while the average time on the real estate market was 81 days.

From Rocket Homes Real Estate and based on county public records data.

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