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For sale
  • $550,000

    16391 Gun Barrel Rd, Montpelier, VA 23192

    3beds
    1,664sqft
    : 
    Single Family Residence
    Built in 1992
    50 Acres Lot
    $630,900 Zestimate®
    $331/sqft
    $-- HOA

    What's special

    Gentle rolling hillsAttractive water viewsFirst- and second-floor decksSignificant road frontageGenerally flat topography
    Exceptional opportunity in the heart of Montpelier, Virginia — 50 acres with significant road frontage and long-term development potential. Situated in Hanover County, Virginia with an established neighborhood leading up to the property and a subdivision directly behind, this offering presents a compelling investment for builders, developers, or land investors. The parcel features approximately 1,100 feet of road frontage along Gun Barrel Road and 2,350 feet along the western side, with generally flat topography and some gentle rolling hills, creating favorable conditions for future use (buyer to verify subdivision and zoning possibilities; currently zoned A-1). The existing 1,664 sqft home (3 bedrooms, 2 baths) is a full renovation or tear-down, and is being sold strictly as-is, cash only. Unique to the property, both first- and second-floor decks overlook a scenic pond across the street, offering attractive water views without ownership or maintenance. Priced well below the current tax assessment, this property is positioned for immediate value and upside in a highly desirable and growing area.
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    Zillow last checked: 7 hours ago

    Listing updated: 14 hours ago

    Listed by:

    Rhonda Carroll dsamson@samsonproperties.net,

    Samson Properties

    Source: CVRMLS,MLS#: 2607928MLS LogoOriginating MLS: Central Virginia Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Other
      • Description: Tub & Shower
      • Level: First
      Other
      • Description: Tub & Shower
      • Level: Second
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air, Electric, Heat Pump
      Features
      • Basement: Crawl Space
      • Attic: Access Only
      Interior area
      • Total interior livable area: 1,664 sqft
      • Finished area above ground: 1,664
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2.5
      • Parking features: Attached, Circular Driveway, Driveway, Garage, Garage Door Opener, Storage, Unpaved
      • Attached garage spaces: 2.5
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch
      • Exterior features: Porch, Unpaved Driveway
      • Pool features: None
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      Lot
      • Size: 50 Acres
      • Features: Hardwood Trees, Level, Wooded
      Details
      • Parcel number: 7803370885
      • Zoning description: A1

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial,Two Story
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood Siding
      • Roof: Shingle
      Condition
      • Resale
      • New construction: No
      • Year built: 1992

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Montpelier

      Financial & listing details

      • Price per square foot: $331/sqft
      • Tax assessed value: $586,400
      • Annual tax amount: $2,692
      • Date on market: 3/31/2026
      • Ownership: Individuals
      • Ownership type: Sole Proprietor
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        Estimated market value

        $630,900

        $543,000 - $719,000

        $2,206/mo

        Price history

        Price history
        DateEventPrice
        3/31/2026Listed for sale$550,000$331/sqft
        Source: CVRMLS #2607928 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$4,750 +5.5%$586,400 +5.5%
        2024$4,500 +11.8%$555,600 +11.8%
        2023$4,025 +9.8%$496,900 +9.8%
        2022$3,665 $452,500 +7.7%
        2021-- $420,200 +6.8%
        2020$3,188 +77.1%$393,600
        2019$1,800 $393,600 +5.8%
        2018$1,800 +0.6%$371,900
        2017$1,789 +3.1%$371,900 +4.6%
        2016$1,735 $355,700
        2015$1,735 $355,700

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $3,052/mo
        Principal & interest
        $2740
        Property taxes
        $312
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          Climate risks

          Neighborhood: 23192

          Getting around

          0 / 100
          Car-Dependent
          14 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: South Anna
          • Middle: Liberty
          • High: Patrick Henry

          Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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