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For sale
    • Price cut: $25K (7/13)
    $525,000

    16391 Gun Barrel Rd, Montpelier, VA 23192

    3beds
    1,664sqft
    : 
    $3,220/mo
    Get pre-qualified
    Single Family Residence
    Built in 1992
    50 Acres Lot
    $511,800 Zestimate®
    $316/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.
    75 days
    |
    944
    |
    40
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rhonda Carroll dsamson@samsonproperties.net,

    Samson Properties 804-353-0009

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

      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
      Video & virtual tour

      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: $316/sqft
      • Tax assessed value: $586,400
      • Annual tax amount: $2,692
      • Date on market: 5/15/2026
      • Ownership: Individuals
      • Ownership type: Sole Proprietor

        Estimated market value

        $511,800

        $486,000 - $537,000

        $2,157/mo

        Price history

        DateEventPrice
        7/13/2026Price change$525,000-4.5%$316/sqft
        Source: CVRMLS #2607928 Report a problem
        5/23/2026Listed for sale$550,000$331/sqft
        Source: CVRMLS #2607928 Report a problem
        4/7/2026Pending sale$550,000$331/sqft
        Source: CVRMLS #2607928 Report a problem
        3/31/2026Listed for sale$550,000$331/sqft
        Source: CVRMLS #2607928 Report a problem

        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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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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