Experience the elegance of the Ballenger, a home that perfectly blends sophistication with smart design. Step inside through a welcoming covered porch into a versatile space that adapts to your lifestyle. The gourmet kitchen boasts a stunning oversized island and flows seamlessly into the dining area and spacious family room, ideal for entertaining or everyday living. Upstairs, retreat to the luxurious owner's suite featuring two expansive walk-in closets and a spa-inspired bath with a walk-in tiled shower and Roman bench. Additional highlights include a 2-car garage, convenient bedroom-level laundry, and James Hardie siding accented with stone veneer. Located in the sought-after Hidden Valley High School district. For a limited time, Ryan Homes is offering $10,000 toward a rate buy down to help secure your best monthly payment.
New construction
Price cut: $25K (1/6)
$529,990
7068 Fairway Ridge Rd, Salem, VA 24153
4beds
2,148sqft
Est.:
Single Family Residence
Built in 2026
7,405.2 Square Feet Lot
$528,000 Zestimate®
$247/sqft
$42/mo HOA
What's special
- 9 days |
- 52 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: January 06, 2026 at 05:15am
Listed by:
MEG SMITH 540-353-2803,
MKB, REALTORS(r)
Source: RVAR,MLS#: 923571
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: U
Bedroom 2
- Level: U
Bedroom 3
- Level: U
Bedroom 4
- Level: U
Great room
- Level: E
Kitchen
- Level: E
Laundry
- Level: U
Office
- Level: E
Heating
- Heat Pump Gas
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Disposal, Microwave, Gas Range, Range Hood, Refrigerator
Features
- Storage
- Flooring: Carpet, Ceramic Tile
- Doors: Fiberglass, Storm Door(s)
- Windows: Insulated Windows, Tilt-In
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Great Room
Interior area
- Total structure area: 2,148
- Total interior livable area: 2,148 sqft
- Finished area above ground: 2,148
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Attached, Paved, Garage Door Opener
- Has attached garage: Yes
- Covered spaces: 2
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
- Exterior features: Maint-Free Exterior
- Has view: Yes
Lot
- Size: 7,405.2 Square Feet
- Features: Cleared
Details
- Parcel number: 066.020307.000000
- Zoning: R-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- HardiPlank Type, Stone
Condition
- New Construction,Proposed
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Electric: 2 Phase
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Underground Utilities, Cable
Community & HOA
Community
- Features: Golf, Restaurant
- Subdivision: The Ridge at Fairway Forest
HOA
- Has HOA: Yes
- HOA fee: $500 annually
Location
- Region: Salem
Financial & listing details
- Price per square foot: $247/sqft
- Tax assessed value: $86,400
- Annual tax amount: $5,480
- Date on market: 12/29/2025
- Road surface type: Paved
Estimated market value
$528,000
$502,000 - $554,000
$2,329/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2026 | Price change | $529,990-4.5%$247/sqft |
Source:  RVAR #923571 Report a problem | ||
| 12/29/2025 | Price change | $554,990+5.7%$258/sqft |
Source: RVAR #923571 Report a problem | ||
| 12/26/2025 | Price change | $524,990+1%$244/sqft |
Source: RVAR #922871 Report a problem | ||
| 11/18/2025 | Listed for sale | $519,990+0.5%$242/sqft |
Source: RVAR #922871 Report a problem | ||
| 11/13/2025 | Listing removed | $517,275$241/sqft |
Source: RVAR #922658 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $890 | $86,400 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,178/mo
Principal & interest
$2554
Property taxes
$397
Other costs
$227
Climate risks
Neighborhood: 24153
Nearby schools
GreatSchools rating
- 7/10Oak Grove Elementary SchoolGrades: PK-5Distance: 2.1 mi
- 7/10Hidden Valley Middle SchoolGrades: 6-8Distance: 2.2 mi
- 9/10Hidden Valley High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Oak Grove
- Middle: Hidden Valley
- High: Hidden Valley
Source: RVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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