DEEP WATER in PEA HILL CREEK on Lake Gaston! NEARLY an ACRE LOT! This 3-bedroom, 2-bath home offers the perfect opportunity to enjoy lake life with deep water access, making it ideal for boating, fishing, swimming, and year-round recreation. This property provides plenty of room to relax, entertain, or expand your outdoor living space while enjoying peaceful waterfront views. A new HVAC and roof on the home installed in 2026 offers added peace of mind. The nearby community boat ramp just two lots down provides convenient access to the lake. Whether you're searching for a full-time residence or a weekend getaway, this affordable waterfront home offers the ideal setting to create lasting memories on the lake.
Under contract
Price cut: $13K (8/7)
$499,000
240 Lookout Point Dr, Valentines, VA 23887
3beds
1,285sqft
Residential/Vacation
Built in 1997
0.85 Acres Lot
$480,000 Zestimate®
$388/sqft
$-- HOA
What's special
Nearly an acre lotNearby community boat rampPeaceful waterfront views
- 68 days
- 399
- 16
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kathryn Wright,
Coldwell Banker Advantage-Littleton 252-586-2470
Source: Roanoke Valley Lake Gaston BOR,MLS#: 142473
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other
Appliances
- Included: Refrigerator, Dishwasher, Range/Oven-Electric
- Laundry: Washer &/or Dryer Hookup
Features
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,323
- Total interior livable area: 1,285 sqft
- Finished area above ground: 1,323
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: None-Carport
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Cove, Scenic, Neighborhood
- Waterfront features: Lake Gaston, Pea Hill Creek (NE)
- Body of water: Lake Gaston NE Quad
Lot
- Size: 0.85 Acres
Details
- Additional structures: Storage
- Parcel number: 101S211
- Zoning description: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential/Vacation
Materials
- Foundation: Crawl Space
Condition
- Year built: 1997
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: Lookout Point
Location
- Region: Valentines
Financial & listing details
- Price per square foot: $388/sqft
- Tax assessed value: $420,000
- Annual tax amount: $2,100
- Date on market: 7/4/2026
Estimated market value
$480,000
$456,000 - $504,000
$1,694/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $499,000$388/sqft |
Source:  Coldwell Banker Advantage #142473 Report a problem | ||
| 8/19/2026 | Pending sale | $499,000$388/sqft |
Source: Roanoke Valley Lake Gaston BOR #142473 Report a problem | ||
| 8/7/2026 | Price change | $499,000-2.5%$388/sqft |
Source: Roanoke Valley Lake Gaston BOR #142473 Report a problem | ||
| 7/4/2026 | Listed for sale | $512,000$398/sqft |
Source: Roanoke Valley Lake Gaston BOR #142473 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,100 | $420,000 |
| 2024 | $2,100 +34.4% | $420,000 +74.7% |
| 2023 | $1,563 | $240,400 |
| 2022 | $1,563 | $240,400 |
| 2021 | $1,563 | $240,400 |
| 2020 | -- | $240,400 |
| 2018 | -- | $240,400 -14% |
| 2017 | -- | $279,400 |
| 2016 | -- | $279,400 |
| 2015 | -- | $279,400 |
| 2014 | -- | $279,400 -13.7% |
| 2011 | -- | $323,600 |
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.Climate risks
Neighborhood: 23887
Nearby schools
Schools provided by the listing agent
- Elementary: Brunswick County
- Middle: Brunswick County
- High: Brunswick County
Source: Roanoke Valley Lake Gaston BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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