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    780 Otter Dr Ferrum, VA 24088

    New
    For Sale
    $109,500

    Land - Ferrum, VA

    Lot size:
    10.00 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 6 at 6:06 am

    Property Features for 780 Otter Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    10.00 Acres

    Building Details

    Architectural style
    Other

    Piedmont Realty (276) 403-1114

    Listing agent Angie Ancheta (276) 403-1114

    Listing date Dec 2, 2025

    MLS# 145579 Listing URL

    Copyright © 2025 Martinsville, Henry, Patrick Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Acreage with Mobile Home in Ferrum

    Located in Franklin County, this property features a 1,548 square foot singlewide mobile home with additions, situated on 10 acres. The land is mostly wooded and includes multiple storage buildings suitable for tools, equipment, or workshop space. The mobile home includes a living room addition with a fireplace. The home requires repairs to be fully livable, presenting an opportunity for remodeling. The property is located approximately a 20-minute drive to Philpott Lake and Fairystone State Park, offering access to boating, fishing, hiking, and camping. Everyday conveniences are about 30 minutes away in Rocky Mount, including groceries, dining, medical care, local events, and summertime outdoor concerts. The property offers potential for gardening, recreation, or enjoying country living.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Ferrum
    County
    Franklin
    State
    Virginia
    Longitude
    -80.0993154
    Latitude
    36.8725908

    Nearby Similar for Sale

    • $199,000
      1.19 Acres

      Investment Property Near Ferrum College

      Investment property in a rural, unzoned location near Ferrum.
      2820 Sawmill Rd, Ferrum, VA 24088
      View Details

    FAQs

    What type of property is this?
    Single family property - Singlewide mobile home with additions on 10 rural acres.
    Where is this single family property located?
    The property is located at 780 Otter Dr Ferrum, VA.
    What is the asking price?
    The asking price for this property is $109,500.
    What are key features of this property?
    This property features: - 10 Acres of Rural Land: Offers privacy and space for outdoor activities.; - Investment/Renovation Opportunity: Remodel and customize to your preferences.; - Proximity to Outdoor Recreation: Enjoy boating, fishing and hiking at Philpott Lake and Fairystone State Park.
    (276) 403-1114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    780 Otter Dr Ferrum, VA 24088
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