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    Wilderness Rd Pennington Gap, VA 24277

    New
    For Sale
    $650,000

    LAND - Pennington Gap, VA

    Lot size:
    216.22 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for Wilderness Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    AG
    APN
    51a-(1)-21a
    Lot size
    216.22 Acres

    Park Hill Realty Group LLC (423) 530-5224 [email protected]

    Listing agent Brad Winebarger (276) 207-0453 License #0225251637

    Listing date Dec 3, 2025

    MLS# 9977616 Listing URL

    Copyright © 2025 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    216 Acres of Farmland

    This property offers over 200 acres of farmland with fencing, featuring fields, rolling pasture land, timber, and mountains. The land is currently used for cattle farming and presents opportunities for hunting. The property offers views from various angles. Potential uses include continued farming, homesteading, subdivision for development, or commercial ventures due to its proximity to businesses. Numerous sites are suitable for building a home. A barn is present on the property, suitable for storing equipment. Electric service is established on the property, and public water is available at the road. There is a water and soil conservation easement in place until October 2028. The amount received from this currently pays the taxes and nets the sellers $2700 a year. The property is located in Pennington Gap, VA.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Pennington Gap
    County
    Lee
    State
    Virginia
    Longitude
    -82.962031
    Latitude
    36.709269

    Nearby Similar for Sale

    • $125,000
      6.61 Acres

      Pennington Gap Land For Sale

      Over 6.5 acres of land in Pennington Gap, Virginia.
      231 Vfw Trl, Pennington Gap, VA 24277
      View Details

    FAQs

    What type of property is this?
    Farm - Over 200 acres of farmland with multiple potential uses.
    Where is this farm located?
    The property is located at Wilderness Rd Pennington Gap, VA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - 216 acres of versatile farmland with multiple potential uses.; - Income-generating water and soil conservation easement in place until October 2028, currently netting $2700 annually.; - Fenced property featuring a mix of fields, pasture land, timber, and mountains.
    (276) 207-0453
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    Wilderness Rd Pennington Gap, VA 24277
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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
    Wilderness Rd Pennington Gap, VA 24277
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