For sale

527 Penny Lane

Hillsville, VA 24343

$779,900

  • 3beds
  • 2.5baths
  • 2,124sq ft
  • 57acres
  • 1973built

Listed by Ballard Real Estate Group LLC

About this home.

Looking for a property that has it all? Well you've found it. This home is close to 2,000 finished square feet with 3 bedrooms and 2.5 baths. Master bedroom is on the main floor with it's own private bathroom and large walk-in closets. 2 large bedrooms and a bathroom are located on the second floor. There is a large kitchen/living room combo with a fireplace, a large dining room, and an enclosed sunroom. The laundry room is located off of the kitchen and the sunroom, with a 1/2 bathroom. Hardwood, tile, and carpet throughout the house. Oversized split unit heating/cooling. Half basement is unfinished and used as a workshop. A large rear deck looks over the property and offers long range mountain views. There is a 3 car detached garage along with a shed/barn area for storage or keeping your animals. The land is a perfect combination of rolling fields, wooded areas, and deep ravines for lots of walking trails and exploring. Wildlife is abundant. And then there is the best part, almost 1,000 feet of frontage on Big Reed Island Creek, on two sides of the property. All of this located at the end of a private drive at the end of a state maintained road.

Facts and features.

The home

Type
House (Single Family Residence)
Bathrooms
2 full, 1 half

Inside

Basement
Crawl Space, Exterior Entry, Partial, Partial Basement, Unfinished, Walk-Out Access
Fireplaces
1
Flooring
Carpet, Tile, Wood
Appliances
Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Gas Range, Range Hood, Refrigerator
Interior features
Built-in Features, Ceiling Fan(s), Walk-In Closet(s)

Outside and lot

Garage
3 spaces
Exterior
Masonite, Dry Wall
Roof
Shingle
Outdoor features
Garden, Horses Allowed

Utilities

Heating
Baseboard, Ductless, Wood
Cooling
Ductless
Water source
Well
Sewer
Septic Tank

Community

HOA dues
None
County
Carroll County

The listing

Source
Southwest Virginia Association of REALTORS® MLS #111511

Price and status history.

87

days on market

DateEventPrice
Oct 26, 2026Price changed$779,900
Oct 17, 2026Listed for sale$799,900

Price per square foot

This home$367
Hillsville house median$166

Asking price per finished square foot, compared with the median of 21 houses sold in Hillsville in the last 12 months. 122% above the median.

Location.

527 Penny Lane, Hillsville, VA 24343

Estimate a monthly payment.

Every number below is yours to change. The interest rate is an example, not a quote.

$4,210/mo

Principal and interest
$3,944
Property tax
$166
Home insurance
$100
HOA dues
None listed

Loan amount $623,920

Example rate only. Change it to the rate a lender offers you.

From the listing, 2026 taxes. Taxes can change after a sale.

Example. Use your quote.

An estimate for planning only. It is not a loan offer or a rate quote, and it leaves out mortgage insurance and closing costs. A lender can give you exact numbers.

Listing information

Listing courtesy of Ballard Real Estate Group LLC.

Displayed by GRAVITY Real Estate Group.

Information last updated .

Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed and should be independently verified. Listings are courtesy of the listing brokerage shown with each property.

See it in person.

Request a tour.

Pick a day and a time. A GRAVITY agent will reach out to confirm.

Day
Time of day

A phone number or an email is enough.

We use your details only to reply about this home.

Ask a question.

Ask about the home, the neighborhood or the next steps. A GRAVITY agent will reply by email or phone.

A phone number or an email is enough.

We use your details only to reply about this home.