$399,900

506 Peters Hollow Rd Monroe, VA 24574

$4,749
Closing credit¹
3 beds
2 full
1,804 sqft
10.3 acres
$222 / sqft
House

Property details

About 506 Peters Hollow Rd

Dont miss the chance to own this gorgeous Barn Dominium! Situated on 10+ acres, with barns and some fencing already in place. This home has the most beautiful mountain view! This is the perfect place for a farm, with plenty of space for a garden and pets. Inside you will find hardwood floors, a Huge loft master bedroom with an adjoining bathroom with a claw foot tub. Two bedrooms on the first floor and so much more! This home is full of character and charm. Dont wait to schedule your showing!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Wood Stove
StatusActive
Size1,804 sqft
Lot size10.32 Acres
Year built1973
MLS #357876
ViewMountain(s)
Private poolYes

Summary

  • MLS Number: 357876
  • MLS Name: Lynchburg
  • Office Name: Watts Auction Realty Appraisals Inc
  • Office Phone: (434) 821-5263
  • Office Email: charlie@wattsara.com
  • Listing Agent: Charlie A Watts II

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Lynchburg Association of REALTORS®. 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: 4/11/2025, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of home with stone siding, a barn, and a front yard

$399,900

506 Peters Hollow Rd

$4,749

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$152,000$100
2023$152,000$927
2022$152,000$100
2021$152,000$100
2020$152,000$513
2019$142,000$866
2018$142,000$866
2017$142,000$866

History based on county public records data.

Nearby schools

5

Amherst Elementary School

Public District PK-5

5.3 mi

156 Davis St

3

Central Elementary School

Public District PK-5

6.0 mi

575 Union Hill Rd

5

Elon Elementary School

Public District PK-5

6.0 mi

147 Younger Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $60,583. The most common annual income of people living in Monroe, VA is between $35k-100k. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

33%
<35k
43%
35k-100k
17%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
7%
Single, with Kids
40%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
40%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 506 Peters Hollow Rd

This home is located at 506 Peters Hollow Rd in Monroe, VA and zip code 24574. This 1,804 square foot home, which was built in 1973, sits on a 10.32 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 19, 2025 and is currently priced at $399,900.

In March 2025 more than 0 listings in Monroe, VA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 3 were sold below. The number of homes for sale in Monroe, VA increased by 75% between February and March 2025. The median list price of listings available in March 2025 was $1,400,000, while the average time on the real estate market was 192 days.

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

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