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GatesALL OTHERS AREA 230Lot 1 Gates Bank Rd✓ Source: REIN MLS #10602787 · record updated May 7, 2026 · synced every 2 min · your inquiry is never resold
Lot 1 Gates Bank RD, GATES NC 27937 - Main photo
Lot 1 Gates Bank RD, GATES NC 27937 - Photo 2
3beds
2baths
1,765sqft
230days on market

Lot 1 Gates Bank Rd, Gates, NC 27937

Under ContractResidential · built 2026 · ALL OTHERS AREA 230

Facts & features

Type

Residential

Year built

2026

Price / sqft

$210

HOA

None

Taxes

$328/yr

County

Gates County NC

MLS #

10602787

Interior

Bedrooms
3
Full baths
2
Approx. sqft
1,765
Stories
2
Flooring
Carpet, Laminate/LVP
First-floor bed & full bath
Yes
Total rooms
7
Other rooms
1st Floor BR, 1st Floor Primary BR, Pantry, Porch, Unfin.Rm Over Gar
Appliances
Dishwasher, Dryer Hookup, Microwave, Range, Washer Hookup

Construction & exterior

Style
Ranch
Subtype
Detached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool

Utilities & systems

Heating
Heat Pump
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
Septic

Lot, parking & ownership

Subdivision
ALL OTHERS AREA 230
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car
Possession
AT CLOSING
Disclosures
Related to Seller

Sources: REIN MLS record · null fields are suppressed, never faked

About this home

Welcome home to the Chesapeake 2 model! This thoughtfully designed 3-bedroom, 2-bath ranch offers the perfect blend of comfort, style, and functionality. With durable LVP flooring and granite countertops throughout, the home combines timeless finishes with everyday convenience. The kitchen features stainless steel appliances, granite countertops, shaker-style cabinets, and plenty of prep space, great for both everyday meals and entertaining guests. Relax on the spacious front porch while taking in peaceful country views or make use of the finished room over the 2-car attached garage, great for a home office, flex space, or guest retreat. Every detail in this model has been carefully selected to create a welcoming and modern living experience.

Listing courtesy of H Kim Old · BHHS RW Towne Realty · REIN MLS #10602787

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

Lot 1 Gates Bank Road is a brand-new 3-bedroom, 2-bath home coming in at 1,765 square feet in the quiet, small-town setting of Gates, North Carolina. Built in 2026, it offers the rare chance to be the very first owner of a freshly constructed home in Gates County.

Read the full overview ↓

Why this home stands out

New construction in Gates, NC is genuinely hard to come by, and Lot 1 Gates Bank Road is one of the few opportunities to step into a home where everything — from the roof to the fixtures — has never been touched. At 1,765 square feet across three bedrooms and two full baths, the layout gives you room to spread out without the overhead of a sprawling estate. This is small-town living built from scratch, on your terms.

ALL OTHERS AREA 230 and the Gates real estate market

Gates, North Carolina sits in Gates County — one of the quieter corners of the Hampton Roads region, tucked just south of the Virginia border. Life here moves at a pace that's genuinely hard to find this close to a major metro area. The town is small, the roads are tree-lined, and neighbors tend to know each other by name. Gates Bank Road itself carries that same unhurried character: open land, mature trees, and a sense of space that suburban subdivisions rarely deliver. Gates County is governed independently of any incorporated city, which keeps the tax base lean and the community feel intact. For buyers who want proximity to the broader Hampton Roads job market and military corridor without trading away peace and quiet, Gates threads that needle well. It's a 37-minute drive to Joint Staff J7 in Suffolk, and the Virginia state line is just minutes north.

What's nearby

Day-to-day errands are easier than the zip code might suggest. Family Foods of Gates is just 0.2 miles away — close enough to make a quick grocery run feel effortless. When you're ready to sit down for a meal, TW's Pulled Pork BBQ & More is about a mile down the road and earns its local following. Beyond those anchors, the surrounding Gates County area offers a slower, more self-sufficient lifestyle where a short drive still connects you to the broader resources of the Hampton Roads region, including larger grocery chains, medical facilities, and retail corridors in Suffolk and Chesapeake.

For different buyers

For military families relocating

Joint Staff J7 in Suffolk is about 37 minutes from Lot 1 Gates Bank Road — a manageable commute that puts you well outside the congestion of the base-adjacent housing market. New construction means no deferred maintenance surprises, and eligible service members can pair this home with a VA loan for a financing structure that's tough to beat. Gates County's lower cost of living stretches a BAH dollar further than most Hampton Roads zip codes.

For first-time buyers

There's something genuinely exciting about being a home's first-ever owner, and Lot 1 Gates Bank Road — built in 2026 — offers exactly that. Three bedrooms, two baths, and 1,765 square feet give you a real, functional home without the complexity of a fixer-upper. Gates is a low-pressure community where first-time buyers can settle in, build equity, and figure out what homeownership actually feels like without the chaos of a dense neighborhood.

More buyer questions

How far is Lot 1 Gates Bank Road from Joint Staff J7 in Suffolk?

The drive from Gates Bank Road to Joint Staff J7 in Suffolk is approximately 37 minutes under normal traffic conditions. The route heads north through Gates County and into Suffolk via rural highways.

What is the flood zone status for Lot 1 Gates Bank Road?

Flood zone designation for this property is addressed in the FloodRisk tile on this page. Buyers are encouraged to review that section and consult with their lender or insurance agent for specifics.

Is there an HOA at Lot 1 Gates Bank Road in Gates, NC?

Based on available property data, this home does not carry an HOA, which means no monthly association dues or community rule overlays to navigate.

What grocery stores and restaurants are close to Gates Bank Road?

Family Foods of Gates is just 0.2 miles away, making it one of the most conveniently located grocery options you'll find in a rural setting. TW's Pulled Pork BBQ & More is about a mile out and is a well-regarded local spot for a casual meal.

Can a VA loan be used to purchase new construction like Lot 1 Gates Bank Road?

Yes — a VA loan can generally be used for new construction, though the process involves a few additional steps compared to purchasing an existing home. Eligible buyers should connect with a VA-approved lender early to understand the timeline and builder requirements.

Tom and Dariya Milan at LPT Realty know Gates County and the broader Hampton Roads market well. Reach out to get your questions answered and take a closer look at Lot 1 Gates Bank Road.

Summary generated by AI from public records and publicly available information.

Homes like this one sell fast — see the next one first

Gates$310K – $430K3+ beds

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Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

  • ElementaryBuckland Elementary
  • MiddleCentral Middle
  • HighGates County

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 37073C

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Not in a designated hurricane evacuation zone.

Source: Virginia Dept. of Emergency Management — Know Your Zone

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

Drive 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.

The numbers

Run the real carrying cost

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$2,055/mo

Principal & interest

$1,919

Property tax

$27

Home insurance

$108

PMI

None

HOA/Condo (paid separately)

None

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. 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.

Value & history

Judge value on real ground

Own a home nearby? See what it is worth today — What's your Gates home worth?

Sale & Tax History

List Price

$369,900

Price / Sq Ft

$210

Annual Taxes

$328

Monthly Tax

$27

HOA

None

Tax Rate (effective)

0.09%

Sale Timeline (this listing)

EventDatePriceDetail
ListedDec 17, 2025$369,900
Currently listed$369,900

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:

Gates Assessor (Google)

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.

Questions buyers ask

Is Lot 1 Gates Bank Rd in a good school zone?+
The assigned zones on the listing record are Buckland Elementary, Central Middle (VaHome School Score 7.8/10), Gates County. School attendance zones can change — always confirm enrollment with the local school division.
Is Lot 1 Gates Bank Rd in a flood zone?+
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Where is the nearest grocery store to Lot 1 Gates Bank Rd?+
Family Foods of Gates is about 0.1 miles away. The closest dining on record is TW's Pulled Pork BBQ & More (0.7 mi).
Does Lot 1 Gates Bank Rd have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was Lot 1 Gates Bank Rd built?+
It was built in 2026, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

Brokered by LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of H Kim Old · BHHS RW Towne Realty · REIN MLS #10602787

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

Lot 1 Gates Bank Rd, Gates — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

Lot 1 Gates Bank Rd, Gates, North Carolina 27937 · MLS #10602787 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.