*Seller willing to PAY UP TO $12,000.00 TOWARDS RATE BUY-DOWN with full-price offer!* This exceptional property, with 2 buildings, presents a unique opportunity with Village District Zoning! The main residence, boasting 4600+ sq. ft. and designed in a U-shaped layout, is currently split into two large units. The first unit, just over 2200 sq. ft., features 5 spacious bedrooms, 3 full bathrooms, and a newly renovated kitchen. The second unit, just under 2400 sq. ft., is one of the most distinctive features of this property — a 1939 two-room schoolhouse with 14+ foot ceilings and spacious sunroom off the front of the home. At the back of the unit, a conservatory overlooks the 1100 sq. ft. landscaped courtyard, complete with a covered picnic area. The unfinished schoolhouse is a blank canvas — currently configured with 5-6 bedrooms — that carries a rich history and a unique opportunity for creative transformation into private living quarters, offices, or a community-shared living area. The units are connected by a large utility/laundry room that could be used as a communal laundry area for each unit. The property also includes a completely renovated, 1985 two-story duplex home, converted into two separate 864 sq. ft. apartments. The lower unit offers a bedroom with a full bathroom, a half bath, and a spacious living area, while the upper unit — currently used as an easily transferable income-producing short-term rental — features a full kitchen, living room, 2 bedrooms, and a full bathroom. This property could be used as a generous primary residence, or capitalize on the potential of STRs, much-needed MTRs for healthcare professionals at nearby JMH, or LTRs for E&H students. Village District Zoning permits uses as business offices, retail, beauty/barber shops, and more; while special exception uses include daycares, rest/group homes, motels, restaurants, and more! With its diverse income-generating potential, the options are limitless!
The median home value in Meadowview, VA is $201,000. This is lower than the county median home value of $203,200. The national median home value is $338,100. The average price of homes sold in Meadowview, VA is $201,000. Approximately 53.73% of Meadowview homes are owned, compared to 29.83% rented, while 16.45% are vacant. Meadowview real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Meadowview real estate agent to arrange a tour today!
Meadowview, Virginia has a population of 966. Meadowview is more family-centric than the surrounding county with 29.54% of the households containing married families with children. The county average for households married with children is 25.39%.
The median household income in Meadowview, Virginia is $41,875. The median household income for the surrounding county is $54,737 compared to the national median of $69,021. The median age of people living in Meadowview is 37.7 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 22.8 degrees. The average rainfall is approximately 44.6 inches per year, with 11.7 inches of snow per year.