If you’re looking for land with utilities already in place, this 15.21-acre property is worth a look. Whether you’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 15’ × 25’ storage shed provides additional space for equipment, tools, or outdoor gear.
A 1996 14’ × 76’ 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.
For sale by owner
Price cut: $30K (8/6)
$99,900
531 Penn Store Rd, Spencer, VA 24165
3beds
1,064sqft
SingleFamily
Built in 1996
15.21 Acres Lot
$-- Zestimate®
$94/sqft
$-- HOA
What's special
Abundant wildlifeTwo small creeks
- 51 days
- 1,629
- 97
Listed by:
Property Owner (276) 806-7943
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Interior area
- Total interior livable area: 1,064 sqft
Property
Lot
- Size: 15.21 Acres
Details
- Parcel number: 222631000
Construction
Type & style
- Home type: SingleFamily
Condition
- New construction: No
- Year built: 1996
Community & HOA
Location
- Region: Spencer
Financial & listing details
- Price per square foot: $94/sqft
- Tax assessed value: $40,100
- Annual tax amount: $223
- Date on market: 7/8/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,185/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $99,900-23.1%$94/sqft |
Source: Owner Report a problem | ||
| 7/8/2026 | Listed for sale | $129,900$122/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $223 | $40,100 |
| 2024 | $223 | $40,100 |
| 2023 | $223 | $40,100 |
| 2022 | $223 | $40,100 |
| 2021 | $223 | $40,100 |
| 2020 | $223 | $40,100 |
| 2019 | $223 -44.5% | $40,100 |
| 2018 | $401 -98.2% | $40,100 |
| 2017 | $22,256 +13.7% | $40,100 |
| 2016 | $19,569 | $40,100 |
| 2015 | $19,569 | $40,100 |
| 2014 | $19,569 +9900% | $40,100 |
| 2013 | $196 +10.2% | $40,100 |
| 2012 | $178 -99% | -- |
| 2011 | $17,756 | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment







