362 days on market
$334,900
Mm Gates Bank (Corapeake) Rd
Gates, North Carolina 27937
MLS# 10583020 · ALL OTHERS AREA 230 · Gates County NC
Updated Mar 24, 2026 · Source: REIN MLS
Est. payment
$1,863/mo
Edit below
Price / sq ft
$262
1,280 sq ft
Days on market
362
HOA
None
Year built
2026
0 yrs old
Beds
3
Full Baths
2
Half Baths
0
Sq Ft
1,280
Garage
Yes
Schools
- ElementaryBuckland Elementary—
- MiddleCentral Middle—
- HighGates County—
Info provided by GreatSchools
About this home
Welcome home to the Corapeake model! This thoughtfully designed 3-bedroom, 2-bath ranch offers a great blend of comfort, style, and functionality. Beautiful LVP flooring and granite countertops flow throughout the home, adding timeless elegance to every space. The kitchen features stainless steel appliances, shaker-style cabinets, and ample prep space, just a few of the many standard features you'll love. Step outsid…
Listed by H Kim Old · BHHS RW Towne Realty
VaHome Team property overview
A brand-new 3-bedroom, 2-bath home on Gates Bank Road in Gates, North Carolina — 1,280 square feet of fresh construction built in 2026, sitting steps from everyday conveniences in a quiet, small-town setting near the Virginia border.
Read full property overview ↓Show less ↑
Why this home stands out
New construction in a rural Gates County setting means you're the first person to call this house home. Built in 2026, the 1,280-square-foot layout gives you three bedrooms and two full baths without the maintenance surprises that come with older stock. The lot sits right at the edge of Gates' small commercial strip, so groceries and a hot meal are genuinely within walking distance — a rare combination out here.
ALL OTHERS AREA 230 and the Gates real estate market
Gates, North Carolina is one of those small towns that moves at its own pace — and for the right buyer, that's exactly the point. Gates County sits in the northeastern corner of the state, sharing a border with Virginia and surrounded by farmland, timber tracts, and the quiet of the Chowan River watershed. The town itself is compact, with a tight-knit community feel that's hard to find closer to the coast. If you've ever looked into property management of Virginia and wondered what life just south of that line looks like, Gates offers a genuinely rural alternative with lower land costs and a slower rhythm. The surrounding landscape leans heavily wooded and agricultural, with open skies and minimal traffic. It's the kind of place where neighbors still wave from the porch, and the pace of daily life reflects that. Gates County is governed out of Gatesville, the county seat just a short drive away.
What's nearby
Daily life is surprisingly easy for such a rural address. Family Foods of Gates is just 0.1 miles away — that's a genuine walk-to-the-grocery-store situation, which almost never happens this far outside a city. When you're ready for a meal out, Nanny's Restaurant is also within 0.1 miles, and TW's Pulled Pork BBQ & More is less than a mile down the road for some serious Eastern Carolina barbecue. For anything beyond the basics, the Virginia border towns of Suffolk and Chesapeake are accessible within 30 to 45 minutes, putting big-box retail, medical centers, and regional amenities within reasonable reach.
For different buyers
For military families relocating
Joint Staff J7 Suffolk runs about 37 minutes from Gates Bank Road — a manageable commute that puts you well outside the congestion zone around base. New construction means no deferred maintenance to absorb on top of a PCS move, and if you're working with a VA loan or mapping out your BAH, Gates County's lower cost basis stretches that allowance further than most Hampton Roads zip codes.
For first-time buyers
A brand-new build means everything inside is yours from day one — no inherited repairs, no outdated systems, no wondering what the previous owners left behind. At 1,280 square feet with three bedrooms and two baths, this is a right-sized first home that doesn't overwhelm. The walkable access to a grocery store and restaurants is a genuine lifestyle bonus that first-time buyers in rural areas don't always get.
Frequently asked questions
How far is Gates Bank Road from Joint Staff J7 Suffolk?
The drive from Gates Bank Road in Gates, NC to Joint Staff J7 Suffolk runs approximately 37 minutes under normal conditions, heading north through the rural corridor toward the Virginia border.
What is the flood zone status for this property?
Flood zone information for this address is displayed in the dedicated FloodRisk tile on this page — check there for the current FEMA designation specific to this parcel.
Is there an HOA on Gates Bank Road in Gates, NC?
Based on available property data, this home does not appear to be part of a homeowners association, though buyers should confirm current status during due diligence.
What year was this home built?
This property was built in 2026, making it new construction — the first occupant will be the owner.
Where is Gates, North Carolina relative to the Hampton Roads area?
Gates, NC sits in the northeastern corner of North Carolina, directly south of the Virginia border, placing it roughly 40 to 50 minutes from the core of Hampton Roads depending on your destination.
Want to know more about Gates Bank Road or explore other homes in the area? Tom and Dariya Milan at LPT Realty are ready to walk you through every detail.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
MM Gates Bank (Corapeake) RD, Gates
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
3
Full Baths
2
Half Baths
0
Approx Sq Ft
1,280
Stories
1
Fireplaces
0
Flooring
Carpet, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Dryer Hookup, Microwave, Range, Washer Hookup
Sale & Tax History
List Price
$334,900
Price / Sq Ft
$262
Annual Taxes
$328
Monthly Tax
$27
HOA
None
Tax Rate (effective)
0.10%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 12, 2025 | $334,900 | — |
| Currently listed | — | $334,900 | — |
Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:
Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.
Comparable Properties
Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.
Military Commute
Drive times to nearest basesDrive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.
Estimate your monthly payment
$1,863/moPrincipal & interest
$1,738
Property tax
$27
Home insurance
$98
PMI
None
HOA
None
Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.
Listed by BHHS RW Towne Realty · MLS# 10583020
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$334,900
MM Gates Bank (Corapeake) RD, GATES NC 27937
Gates, North Carolina 27937
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