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$580,200

Listing Price

4beds

2baths

2,229sqft

40,926sqft lot

16240 Lee Hwy, Gainesville, VA 20155

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

260.3

Price / sqft

1969

Year built

Home Details

Back on the market through no fault of the seller. The title work is complete and ready for a quick close. nnWelcome to **16240 Lee Highway**, a 4-bedroom, 2-bath home set on a flat and usable 1-acre parcel-offering space, privacy, and incredible potential. This property presents a fantastic opportunity for a buyer ready to roll up their sleeves and transform a solid home into something truly special.nnWith great bones and a flexible layout, this home is the perfect canvas for customization. A little sweat equity will go a long way here-unlocking the full potential and creating a beautiful residence tailored to your vision. The estimated ARV of $750K$800K highlights the upside for those willing to invest the effort.nnEnjoy the standout feature of an **in-ground pool**, ideal for summer entertaining, relaxing weekends, and making lasting memories. The generous number of bedrooms and a functional floor plan provide ample space for everyday living, guests, or a home office.nnOffered **as-is**, this is a rare chance to build equity while creating a home that reflects your personal style. Conveniently located in **Gainesville** with easy access to commuter routes, shopping, dining, and local amenities-this property combines **location, land, and opportunity** in one compelling package.

Interior Details

Square Feet
  • 2229

Bedrooms
  • 4

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Full, Daylight

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 40926

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    1

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Brick

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$4,679

$96,400

$205,500

--%

$301,900

2019

$4,437

$96,400

$189,900

--%

$286,300

2018

$4,279

$96,400

$179,700

--%

$276,100

2017

$3,462

$96,400

$181,500

--%

$277,900

2016

$3,451

$96,400

$183,300

--%

$279,700

2014

$3,431

$89,000

$183,100

--%

$272,100

2013

$3,071

$80,300

$164,200

--%

$244,500

2011

$3,049

$75,800

$139,300

--%

$215,100

percent-home-icon

Average Home Price in 20155

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$580,200

4 Beds

2 Baths

2,229 Sqft

40,926 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
580,200
$
Down payment
116,040
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,481.20
$
HOA (Monthly)
0
$
PMI
0
$
$3,756
Your Payment
Total Monthly Payment:$3,756
Percent of Income:64%
Affordable:No

Details for 16240 LEE HWY

Property Debt

Foreclosure Contact Details