Own this amazing 394 acre property. Relax and work on this country estate with two distinct homesites, in ground pool, hot tub,greenhouse,garages, trails and open space! Enjoy a rural wildlife retreat! Raise chickens in our own ''hen zen''; Create a bed and breakfast opportunity while growing fresh fruits, veggies and herbs in large raised beds. This incredible property has a main home and a guest house. Main home is perfectly suited for all who want to be a part of nature. A full wrap around enclosed porch with huge windows, ceiling fans and pine flooring surround a stone wood burning fireplace that warms a massive great room. Built in bookshelves, and windows to fill with your favorite reads. Custom eat-in kitchen with all appliances, granite counter tops, maple floors & lg pantry.
Property Details
Property Features
Property Information:
Architectural Style: 2 Story, Contemporary, Cottage, Other - See Remarks
Exterior: Garden Space, Gazebo, Greenhouse, Hot Tub, In-Ground Pool, Paved Driveway
Parking Information:
Attached Garage: Yes
Parking: Garage Attached
Lot Features
Lot Information:
Lot: Views
Lot Size: 393.74 Acres
Utilities
Utilities Information:
Heating: Baseboard, Heat Pump, Zoned
Cooling: Central Air, Heat Pump, Zoned
Other
Directions Information:
Directions: From Town of Bedford, Longwood Ave (122 N) head north on122, entrance to driveway on the left at a white mailbox (Main House) or left at the next mailbox (Guest House). , 8028 Big Island Hwy
Price Information
Listing Price Info
Price Summary:
List Price: $2,850,000
Price Per SqFt: $313/SqFt
Tax Information:
Annual Amount: $17,375
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Bedford, VA.
This property is $2.5M more than the Median Sold Price and $155/SqFt more than other homes in Bedford, VA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #900338
Listing Office:
Office Name: LONG & FOSTER - SMITH MTN LAKE
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.
All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.
All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/23/2024, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$17,375
$2,016,900
2020
$17,375
$2,016,900
2019
$17,375
$1,970,900
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$14.2K
Per Month
Principal & Interest
$14.2K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,611
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Otter River Elementary School
1044 Otter River Dr
Distance between this listing and this school6.49 miles
Public District Grades PK-5
9
/10
Big Island Elementary School
1114 Schooldays Rd
Distance between this listing and this school6.50 miles
Public District Grades KG-5
3
/10
Bedford Elementary School
806 Tiger Trl
Distance between this listing and this school9.21 miles
Public District Grades 2-5
Nearby Schools
4
/10
Liberty Middle School
1237 Lacey Putney Way
Distance between this listing and this school5.68 miles
Public District Grades 6-8
7
/10
Forest Middle School
100 Ashwood Dr
Distance between this listing and this school10.90 miles
Public District Grades 6-8
4
/10
Brookville Middle School
320 Bee Dr
Distance between this listing and this school15.07 miles
Public District Grades 6-8
Nearby Schools
3
/10
Liberty High School
100 Liberty Minutemen Dr
Distance between this listing and this school5.62 miles
Public District Grades 9-12
5
/10
Jefferson Forest High School
1 Cavalier Cir
Distance between this listing and this school10.96 miles
Public District Grades 9-12
8
/10
James River High School
9906 Springwood Rd
Distance between this listing and this school15.05 miles
The neighbors living near this home have an average income of $50,846. Residents of Bedford, VA typically earn between $35k-100k each year. Most families are married, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8028 Big Island Hwy
What is the listing price of this property?
The listing price of 8028 Big Island Hwy property is $2,850,000.
What type of property is this?
The property 8028 Big Island Hwy is a house located in Bedford, Virginia, 24523.
Is this property for sale now?
Active Listing: 8028 Big Island Hwy is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $17,375 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 8028 Big Island Hwy has 6 bedrooms and 7 full and 1 half bathrooms.
What is the square footage of this property?
The property 8028 Big Island Hwy is 9,110 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 8028 Big Island Hwy is 1999.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 8028 Big Island Hwy in Bedford, VA and zip code 24523. This 9,110 square foot home, which was built in 1999, sits on a 393.74 acre lot. Features: 6 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since August 01, 2023 and is currently priced at $2,850,000.
While more than 1 listings in Bedford, VA in October 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 12 were sold below. Between September 2024 and October 2024, Bedford, VA real estate market has seen increase in the number of listings by 5.7%. In October 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $270,950.
From Rocket Homes Real Estate and based on county public records data.
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes. 
NASCAR
NASCAR
Hunting
Figure Skating
Bass Pro Shops
Academy Sports & Outdoors
Wal-Mart
Hardee's
Jimmy Johns
Applebees
GMC
Chevrolet
Ram
Classic Country
New Country
Oldies