About This Home

This 1-bedroom, 1-bathroom single family at 3518 Penicks Mill Rd in Bedford, VA is listed for $160,000 ($169 per sqft). Built in 1950, the home offers 947 sqft of living space on a 6.94 acres lot.

Key Features

  • Built in 1950
  • 6.94 acre lot

Property Details

1 story
1 full
1950

Amenities

A/C
Listing Description

Great investment opportunity with nearly 6 acres of land! This 1-bedroom, 1-bath home offers plenty of potential and could possibly be converted to accommodate a second bedroom. Whether you're looking for an investment property, rental opportunity, or a property with room to grow, this one is worth a look.

The expansive acreage provides plenty of space and flexibility, while the storage shed offers additional space for tools, equipment, or storage. Bring your vision and explore the possibilities this property has to offer!

Monthly Cost Estimate

$856/mo

20% down · 6.5% · 30 years

Principal$116
Interest$693
Insurance$47

Estimates only. Actual payments may vary.

Location

3518 Penicks Mill Rd

Bedford, VA 24523

Property Details

Flooring

WoodVinyl

Construction

Wood Siding

Outdoor Features

Porch

Heating

Ductless (Heating)

Cooling

Central Air

Questions & Answers

This 1-bedroom, 1-bathroom single family at 3518 Penicks Mill Rd is listed at $160,000 ($169/sqft). The estimated monthly payment is $856 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 6.94 acre lot.

This property is listed by RONALD LEE GROSS.

RG

RONALD LEE GROSS

Agent at Lyons Team Brokerage Firm LLC

Listed by Lyons Team Brokerage Firm LLC · Broker phone: (540) 297-7777 · View on Broker Site · Broker website

MLS# 932088· Source: Roanoke Valley Association of Realtors· 24 days on PropertySimple

Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3518 Penicks Mill Rd, Bedford, VA 24523

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