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    Pennington Gap, VA
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    Pennington Gap, VA Residential Land & Home Lots for Sale

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    Saint Charles, VA Dryden, VA Jonesville, VA Keokee, VA Blackwater, VA Duffield, VA Kyles Ford, TN Eidson, TN
    Land, Pennington Gap, VA
    Updated: Aug 17
    Land, Pennington Gap, VA

    Morefield Drive, Pennington Gap, VA 24277

    $42,000
    15.66 AC lot
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    Pennington Gap Land For Sale
    Updated: Jun 17, 2025
    Pennington Gap Land For Sale

    231 Vfw Trail, Pennington Gap, VA 24277

    $125,000
    6.61 AC lot
    Over 6.5 acres combined lot size
    Infrastructure is in place
    Sound former VFW block structure
    Public water source available
    Private water source available
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    Wooded Acreage in Pennington Gap
    Wooded Acreage in Pennington Gap

    Melzoni Road, Pennington Gap, VA 24277

    $59,000
    7.27 AC lot

    7.27 acres of secluded, wooded land near Pennington Gap.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Pennington Gap, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Wooded Residential Land Lots
    Wooded Residential Land Lots

    1 Reeds Creek Road, Unit LOTS 3 & 4, Keokee, VA 24265

    Contact for pricing
    67,953 sqft 1.56 AC lot

    Two above-road wooded lots totaling 1.56 acres are offered for sale and shown on an attached plat.

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    Level Residential Lot Tract
    Level Residential Lot Tract

    0 Reeds Creek Road, Unit 1 & 2, Keokee, VA 24265

    Contact for pricing
    141,134 sqft

    Level tract of land bordering State Route 766, located just off Route 606 in the Robbins Chapel community.

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    Residential Building Lot with Road Access
    Residential Building Lot with Road Access

    Lot #22 Oak Point Drive, Jonesville, VA 24263

    Contact for pricing
    33,976 sqft

    Paved county road access and utilities on site, with survey lines on file and modular homes allowed under minimal restrictions.

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    Residential Building Lot with Utilities
    Residential Building Lot with Utilities

    Lot #3 Oak Point Drive, Jonesville, VA 24263

    Contact for pricing
    29,185 sqft

    Gently rolling building lot with utilities on site and paved, county-maintained road access.

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    Pennington Gap, VA Residential Land & Home Lots Market Trends and Statistics

    Explore 3 residential land & home lots for sale in Pennington Gap, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,286,762 square feet of properties for sale, with an estimated market value of $226,000.

    Sale prices for home sites in Pennington Gap, VA start at $42,000, averaging $75,333, and reaching up to $125,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hunting land 2
    Residential land & home lots 2

    Demographics Overview

    Population 6,379
    Population Growth (5Y) -6.9%
    Median Household Income $33,102
    College Educated 11.0%

    High-Yield Neighborhoods for Investment

    Identify Pennington Gap submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    24277 $92K

    Taxes & Financing

    Tax Rate (average for all types) 2.09%
    Tax Rate vs County Average 0.24 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lee County

    New Delisted

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