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✓ 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

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

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

Tom & Dariya's overview

Our read on this home

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

At a glance

Brand-new three-bedroom, two-bath home on Gates Bank Road in Gates, North Carolina. Built in 2026 with 1,765 square feet of modern living space. A fresh start in a quiet rural setting near the Virginia border.

Read the full overview ↓

Why this home stands out

This is a newly constructed residence, meaning you're the first to live here. The layout spans 1,765 square feet across three bedrooms and two bathrooms. You'll find current building standards, updated systems, and no surprises from age-related wear. The rural location offers privacy and land without the density of suburban neighborhoods.

ALL OTHERS AREA 230 and the Gates real estate market

Gates is a small, unincorporated community in Gates County, North Carolina, just south of the Virginia border. The area is characterized by open land, quiet roads, and a rural pace of life. Neighbors tend to be spread out, and the setting appeals to anyone seeking distance from town traffic. Gates itself has limited commercial services, so most errands require a drive to nearby communities. The closest larger town is Suffolk, Virginia, about 30 minutes away, where you'll find grocery stores, restaurants, and everyday services. Daily life here means embracing a country rhythm—fewer streetlights, darker skies, and room to breathe.

What's nearby

Suffolk, Virginia sits roughly 30 minutes north and offers shopping, dining, and medical services. The Blackwater River runs through the region and provides outdoor recreation for fishing and kayaking. Nearby parks and nature areas invite hiking and wildlife viewing. The Virginia-North Carolina border crossings are just minutes away, connecting you to a wider network of towns and amenities. A rural setting means you'll drive for most errands, but that trade-off brings lower density and more land.

For different buyers

Base commute and VA loan notes

About 37 minutes to Joint Staff J7 Suffolk. VA loan financing is available for eligible buyers. New construction means no inspection surprises and modern energy efficiency. The rural setting provides space and quiet.

Room to grow

Three bedrooms and two bathrooms give you room to spread out. New construction means modern layouts and systems that work as designed. The large lot provides space for outdoor projects and storage. Everything is built to current standards with no deferred maintenance to worry about.

More buyer questions

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

The drive is approximately 37 minutes, depending on traffic and your exact route through Gates and into Suffolk.

What is the square footage of this home?

The home is 1,765 square feet with three bedrooms and two bathrooms.

When was this property built?

This is a newly constructed home completed in 2026, so everything is brand-new.

Where can I find grocery stores and restaurants near Gates?

Suffolk, Virginia is about 30 minutes north and has shopping, dining, and services. The rural setting means most errands require a short drive.

Is VA loan financing available for this property?

Yes, VA loan financing is available for eligible buyers and is a common option in this region.

Ready to explore this new home in Gates? Contact Tom & Dariya Milan to schedule a tour and learn more about the property.

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

How Far Is?

Driving distance by road and typical drive time via Google Maps, to the nearest location of each.

Also nearby

Distances are straight-line (as the crow flies) from this property, not driving miles. Places within ~1 mile, nearest first. Powered by Google Places.

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

Gates$310K – $430K3+ beds

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

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 (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 37073C

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn\u2019t define a BFE here.

Property elevation

73.1 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA\u2019s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service \u2014 actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Not in a designated hurricane evacuation zone.

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

Military Commute

Drive times to nearest bases

J7 Suffolk

Joint

25min·20.8mi

NW Annex

Navy

54min·45mi

NNSY

Navy

49min·44.3mi

USCG Finance Ctr

Coast Guard

54min·50.1mi

NMCP

Navy

50min·44.7mi

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

Payment Calculator

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

Comparables

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 6.9/10), 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

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.

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