For sale

$99,900

Est. $564/mo —

•

2 ba

•

—

sq ft

531 Penn Store Rd, Spencer, VA 24165

About this home

If youâ€™re looking for land with utilities already in place, this 15.21-acre property is worth a look. Whether youâ€™re planning to build your dream home, start a mini-farm, or simply enjoy country living, this property offers plenty of possibilities. The land was cleared approximately two years ago and features two small creeks, abundant wildlife, and approximately 370 feet of road frontage. The property already has electricity, telephone service, an existing septic system, and a shared well with a recorded well-sharing agreement. High-speed fiber internet is currently being installed in the area and is expected to be available in the future. A 15â€™ Ã— 25â€™ storage shed provides additional space for equipment, tools, or outdoor gear. A 1996 14â€™ Ã— 76â€™ single-wide mobile home (3 bedrooms, 2 bathrooms) is located on the property. The home is not currently livable and is being sold as-is. The value is in the land and the existing utilities, making this an excellent opportunity for a new homesite.

Source:FSBO.com#cmrcol8vi009fs601knmqhfbn

Payment calculator

$564 per month

Principal and interest$525

Property taxes

$19

HOA dues

Home insurance

$21

Utilities

Add

Mortgage resources

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Nearby open houses (4)

Around this home

Schools

K - 12
Preschool & daycare

Carver Elementary School

Public PreK-5 • Assigned • 8.5mi

5/10

Laurel Park Middle School

Public 6-8 • Assigned • 15.9mi

3/10

Magna Vista High School

Public 9-12 • Assigned • 8.1mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

531 Penn Store Rd · $99,900

DAYS ON MARKET

The average home goes pending in 69 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

LIST PRICE

Median sale price in this area is $198,202. (98% higher than this home)

PRICE DROP

21% of homes in this area have had a price drop in the past month.

Property details

Sale and tax history for 531 Penn Store Rd

Sale History
Tax History

Public record

Beds

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Baths

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Stories

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Lot width

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Lot depth

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Lot size

15.21 Acres

Year renovated

—

Finished Sq. Ft.

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Unfinished Sq. Ft.

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Total Sq. Ft.

—

Year built

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Style

Single Family Residential

County

Henry County

APN

222631000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

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Last updated by owner on Aug 3, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

5/10 Heat Factor

7 days above 103° expected this year, 17 days in 30 years

3/10 Wind Factor

5% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Spencer, VA • 24165

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

100/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10 hrs

6.6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 531 Penn Store Rd

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Nearby similar homes

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Land— sq ft

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Land— sq ft

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Details provided by FSBO.com and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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