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For sale by owner
  • $689,000

    1505 Palmer Dr, Blacksburg, VA 24060

    5beds
    3,200sqft
    : 
    $4,352/mo
    Get pre-qualified
    SingleFamily
    Built in 1967
    0.55 Acres Lot
    $-- Zestimate®
    $215/sqft
    $-- HOA

    What's special

    Located on a cul-de-sacGranite countertopsNew beautiful entry door
    Welcome home to 1505 Palmer Dr. in Blacksburg! Please note: We are not interested in cash offers from investors, wholesalers, or buying services. Individual buyers and licensed real estate agents only. This 5 bedroom, 2-story Colonial home is located on a cul-de-sac in the desirable neighborhood of Rainbow Ridge/Grissom Highlands. If you are looking for a large home with plenty of space for everyone, a private setting but in town and close to everything, this home is for you! The amazing 48’ x 12’ deck faces east/southeast and warms up with the morning sun. It is a wonderful place to enjoy the shaded afternoon and evening looking out to stunning views of Paris Mountain and into Ellett Valley. Being out there feels like you’re in your own private oasis. You’ll spend lots of time out here! The new, beautiful entry door welcomes you into the tiled foyer with a large coat closet. Hardwood floors can be found throughout the main level and the house has been freshly painted and is move-in ready. The large living room has crown molding and ample space for a variety of seating arrangements. The updated kitchen features plenty of cabinet space, an island, granite countertops and dinette space with a large window with views. The dining room has crown molding and wainscotting, and French doors leading to the deck. In the family room, enjoy the fireplace with a brick hearth, built-in shelving, large windows and a door to the deck. A powder room completes the main level. Upstairs, you’ll find 4 bedrooms, all with hardwood floors, ceiling fans/lights, large casement windows and closets. The hall bathroom has been thoughtfully renovated and there is a hall linen closet for additional storage. The light and bright 10'-11" X 25'-2" primary bedroom runs the width of the house and has an updated 3-piece ensuite. It is more of a retreat with plenty of space for a seating area, reading nook or dressing area. There are 2 large closets and beautiful views from the rear windows. The full walk-out basement is bright with lots of windows, a permanent dehumidifier and electric baseboard heating. It offers a flexible layout with an additional living room, flex room with a door to the backyard, storage area and the laundry room. Washer and dryer convey. The attached garage is freshly painted and has bright LED lighting. New in 2025: • Roof - Shingle • Windows – Pella, Casement and Double Hung (basement) • Front Door – Therma Tru Montebello Fiberglass Entry Door with Sidelights • Back Door – Family Room and Basement • Upstairs Hall Bath Two car attached garage with exterior door and garage door opener Climate • HVAC: 2013 HEIL, DELUXE, 3 TON, HEAT PUMP SYSTEM WITH HONEYWELL ZONE CONTROL • Backup power from external generator (not supplied) to Kitchen, Refrigerator, main level lights, primary bath and bedroom and two back bedrooms. External hookup to sub panel with transfer switch. Electric baseboard heaters are in the basement only. Buyer Agents are welcome! All information is believed to be accurate by the sellers.
    What the owner loves about this home
    I love the deck! It is a wonderful place to relax and unwind. The views are amazing and backyard is really quite private. The new windows let in so much light! The primary bedroom is enormous! The neighborhood is in the town limits but the location makes it seem like a world apart. Being on the cul-de-sac means there isn't through traffic. The location is perfect for getting to Virginia Tech or to shopping and restaurants.
    74 days
    |
    368
    |
    16
    |
    Listed by:

    Property Owner (540) 808-9396

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Heat pump, Electric
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Tile, Hardwood
      • Basement: Finished
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 3,200 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      Features
      • Exterior features: Brick, Metal
      • Has view: Yes
      • View description: Mountain
      Lot
      • Size: 0.55 Acres
      Details
      • Parcel number: 014121

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Wood
      • Roof: Shake / Shingle
      Condition
      • New construction: No
      • Year built: 1967

      Community & HOA

      Location
      • Region: Blacksburg

      Financial & listing details

      • Price per square foot: $215/sqft
      • Tax assessed value: $515,000
      • Annual tax amount: $3,914
      • Date on market: 5/30/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,872/mo

        Price history

        DateEventPrice
        5/30/2026Listed for sale$689,000+129.7%$215/sqft
        Source: Owner Report a problem
        9/1/2012Listing removed$299,900$94/sqft
        Source: RE/MAX 8 #305492 Report a problem
        5/11/2012Price change$299,900-7.7%$94/sqft
        Source: RE/MAX 8 #305492 Report a problem
        3/31/2012Listed for sale$324,900$102/sqft
        Source: RE/MAX 8 #305492 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,914 +1.3%$515,000
        2024$3,863 +7.1%$515,000
        2023$3,605 +8.4%$515,000 +37.8%
        2022$3,327 $373,800
        2021$3,327 $373,800
        2020$3,327 +9899.5%$373,800
        2019$33 -98.9%$373,800 +11%
        2018$2,998 $336,800
        2017$2,998 $336,800
        2016$2,998 $336,800
        2015$2,998 -1.7%$336,800 -1.7%
        2014$3,050 -99%$342,700
        2013$305,003 +10129.9%$342,700
        2012$2,981 +16%$342,700
        2011$2,570 +5.6%$342,700
        2010$2,435 +4.2%--
        2009$2,336 --
        2008$2,336 +12.7%--
        2007$2,073 +21.6%--
        2006$1,704 +10.4%--
        2005$1,543 --
        2004$1,543 +4.7%--
        2003$1,474 -4.1%--
        2002$1,537 +9.4%--
        2001$1,405 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Grissom/Highland

        Getting around

        27 / 100
        Car-Dependent
        23 / 100
        Minimal Transit
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Montgomery

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

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