805 Elk Knob Road
Pennington Gap, VA 24277
3
Bed
1
Bath
1,300Sqft
0.47Acre(Lot)
Opportunity is knocking with this charming 3-bedroom cottage nestled on a spacious lot in the heart of Pennington. Bursting with potential, this property is the perfect canvas for investors, flippers, or buyers looking to create their dream home. With solid bones and a great layout, this home is ready for your vision and updates. The large lot offers plenty of room for expansion, outdoor living, or additional improvements making it an ideal project with strong upside potential. Whether you're searching for your next flip, rental investment, or a fixer-upper to make your own, this property checks all the boxes. -Convenient location -Generous lot size -Endless possibilities Don't miss your chance to turn this hidden gem into something special! schedule your showing today! Subj
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Rooms Total: 7 Has Basement: Yes Basement: Finished -
Roofing Information
Metal -
Interior Features
Roof: Metal Appliances: Dryer, Electric Range, Refrigerator, Washer -
Heating & Cooling
Has Heating: Yes Heating: Propane Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Building Area Total: 1300 Construction Materials: Vinyl Siding Private Pool: No
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Lot Information
Lot Dimensions: 0.5 Main Square Feet: 0.47 Acres Lot Size Acres: 0.47 Lot Size Square Feet: 20473.2Property Information
Subdivision: Not In Subdivision Source Property Type: Residential MLS Area Minor: 513 - Lee County Property SubType: Single Family Residence
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Listing Price Information
Listing Price: $69000 Cash, Conventional
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Tax Information
Parcel Number: 38b-(13)-5c,6c
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School Information
Elementary School: Elk KnobJunior High School: PenningtonSenior High School: Lee Co -
Location Information
Direction: From Wise, Take US 23S for approx 25 miles. Turn tight onto US-421 N/US 58. Travel approx 10.6 miles. Turn right onto US-421N . Travel approx 1.8 miles to Elk Knob RD. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 813 Big Hill Road, Pennington Gap, VA, 24277 | $114,900 | 3 | 2 | 1,024 | 1,024 SqFt |
| 44745 Veterans Memorial.., Pennington Gap, VA, 24277 | $339,000 | 3 | 3 | 2,653 | 2,653 SqFt |
| 4314 Big Hill Road, Pennington Gap, VA, 24277 | $135,000 | 3 | 1 | 1,025 | 1,025 SqFt |
| 5239 Us Hwy 421, Pennington Gap, VA, 24277 | $130,000 | 2 | 1 | 2,000 | 2,000 SqFt |
| 612 Oakwood Avenue, Pennington Gap, VA, 24277 | $199,900 | 3 | 2 | 2,502 | 2,502 SqFt |
| 153 Forest Avenue, Pennington Gap, VA, 24277 | $209,000 | 2 | 2 | 1,650 | 1,650 SqFt |
| 327 Johnson Drive, Pennington Gap, VA, 24277 | $130,900 | 3 | 2 | 1,890 | 1,890 SqFt |
| 301 Johnson Drive, Pennington Gap, VA, 24277 | $99,000 | 3 | 2 | 1,064 | 1,064 SqFt |
| 151 Hospital Drive, Pennington Gap, VA, 24277 | $189,000 | 3 | 2 | 1,300 | 1,300 SqFt |
| 6284 Us Highway 421, Pennington Gap, VA, 24277 | $129,900 | 3 | 2 | 2,142 | 2,142 SqFt |
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Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional MLS. IDX 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Tennessee Virginia Regional MLS. All Rights Reserved.
ByOwner last updated this listing 06/17/2026 @ 15:17
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