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GatesALL OTHERS AREA 230Mm Gates Bank (Chesapeake 2) Rd✓ Source: REIN MLS #10582542 · record updated Jul 1, 2026 · synced every 2 min · your inquiry is never resold
MM Gates Bank (Chesapeake 2) RD, GATES NC 27937 - Main photo
$369,900
$210 / sqft · est. $2,055/mo →
3beds
2baths
1,765sqft
418days on market

Mm Gates Bank (Chesapeake 2) Rd, Gates, NC 27937

Off MarketResidential · built 2026 · ALL OTHERS AREA 230

About this home

The listing, in the seller's words

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 #10582542

VaHome team overview

Our read on this home

At a glance

A brand-new 3-bedroom, 2-bath home coming in at 1,765 square feet, built in 2026 in the quiet Gates, North Carolina community. You get small-town calm, everyday conveniences literally steps away, and easy access to the Hampton Roads military corridor — all wrapped in a fresh, modern build.

Read the full overview ↓

Why this home stands out

What sets this address apart is the combination of a genuinely new construction timeline — 2026 — with a rural Gates County setting that most buyers don't even think to explore. You're not competing with decades of deferred maintenance or outdated floor plans. Everything here is fresh, and the surrounding landscape gives you the kind of breathing room that's increasingly hard to find anywhere close to the Virginia border.

ALL OTHERS AREA 230 and the Gates real estate market

Gates, North Carolina sits in Gates County — one of the quieter corners of the Albemarle region, tucked just south of the Virginia state line. Life here moves at a pace that feels intentional rather than sleepy. The town is small enough that neighbors recognize each other, but you're never far from the broader Hampton Roads metro when you need it. The MM Gates Bank Road corridor in the Gates NC 27937 zip code represents one of the area's newer residential pockets, where modest acreage and open sky are still the norm rather than the exception. Gates County has a long agricultural heritage, and that character shows up in the landscape — wide fields, mature tree lines, and a genuine sense of space. For buyers who've grown tired of tight suburban lots and HOA restrictions, this part of North Carolina offers a real alternative without asking you to sacrifice a modern home.

What's nearby

Everyday errands are genuinely easy here. Family Foods of Gates is just 0.1 miles away — essentially a short walk — so grabbing groceries never turns into a production. When you want to sit down and eat something worth talking about, TW's Pulled Pork BBQ & More is only 0.7 miles down the road and has the kind of local reputation that keeps regulars coming back. Beyond those two anchors, the broader Gates and Murfreesboro corridor gives you access to hardware stores, pharmacies, and small-town services without a long drive. The Merchants Millpond State Park is also within easy reach for hiking and kayaking.

For different buyers

For military families relocating

Joint Staff J7 in Suffolk is about 37 minutes from this address — a manageable commute that opens up a genuinely different lifestyle. A VA loan can make a new-construction home like this one more accessible than many buyers expect, and the lower cost of living in Gates County stretches a housing allowance further than most Hampton Roads zip codes. If you want space, quiet, and a fresh build, this is worth a serious look.

For first-time buyers

A 2026 build means you're starting with a clean slate — no surprise repairs, no aging systems, no negotiating over what the previous owner left behind. At 1,765 square feet across 3 bedrooms and 2 baths, there's room to grow without the overhead of a larger home. Gates County's lower price points and a VA loan option (if you qualify) can make the numbers work in ways that feel surprisingly realistic for a first purchase.

More buyer questions

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

The drive from this address to Joint Staff J7 in Suffolk, Virginia runs approximately 37 minutes under normal conditions, heading north across the state line via US-13 or NC-32.

Is there a homeowners association at this address?

Based on available information, this property does not carry an HOA, which is typical for rural Gates County residential lots.

What is the flood zone status for this property?

Flood zone designation for this address is displayed in the FloodRisk tile on this page — check that section for the current FEMA map classification.

How new is the construction at this address?

The home carries a 2026 build year, making it among the newest residential construction in the Gates County area and meaning all major systems and finishes are essentially brand new.

Where is the nearest grocery store to MM Gates Bank Road?

Family Foods of Gates is just 0.1 miles from this address, making it one of the most walkable grocery options you'll find in rural Gates County.

Tom and Dariya Milan at LPT Realty know this corridor well. Reach out through vahome.com to ask questions, schedule a visit, or talk through your financing options — including a VA loan if that applies to you.

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

Schools

  • ElementaryBuckland Elementary
  • MiddleCentral Middle
  • HighGates County

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

2026

Price / sqft

$210

HOA

None

Taxes

$328/yr

County

Gates County NC

MLS #

10582542

Interior

Bedrooms
3
Full baths
2
Approx. sqft
1,765
Stories
1
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

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

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$295,020$415,000

The 3 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 2 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

Lot 1 Gates Bank RD · 0.1 mi · 1,765 sqft$369,900 under contract
797 Rooks RD · 1.3 mi · 1,944 sqft$295,020 sold 2026-05
20 Wells LN · 2.1 mi · 1,620 sqft$415,000 sold 2026-07

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
ListedMay 9, 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

Real questions, answered from the record

Is Mm Gates Bank (Chesapeake 2) Rd in a good school zone?+
The assigned zones on the listing record are Buckland Elementary, Central Middle (GreatSchools 7/10), Gates County. School attendance zones can change — always confirm enrollment with the local school division.
Is Mm Gates Bank (Chesapeake 2) 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.
Does Mm Gates Bank (Chesapeake 2) Rd have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was Mm Gates Bank (Chesapeake 2) 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

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 #10582542

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.

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

Call or text (757) 777-7577

Mm Gates Bank (Chesapeake 2) Rd, Gates, North Carolina 27937 · MLS #10582542 · 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.