362 days on market
Aerial flyover rendering — usually ready in a couple minutes.
$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 in a quiet rural corner of Gates County with everyday essentials just steps away.
Read full property overview ↓Show less ↑
Why this home stands out
New construction in Gates County is genuinely rare, and this 2026-built home delivers the kind of clean slate that older homes simply can't match — no deferred maintenance, no outdated systems, no surprises. At 1,280 square feet across three bedrooms and two full baths, the layout is efficient without feeling cramped. You're getting modern materials and current building codes in one of the most peaceful, unhurried pockets of northeastern North Carolina.
ALL OTHERS AREA 230 and the Gates real estate market
Gates, North Carolina sits in Gates County — one of the smallest and least-densely populated counties in the state — and that's precisely its appeal. Life here moves at a pace most people have to drive hours to find. MM Gates Bank Road is a quiet rural corridor where neighbors know each other, land is still affordable, and the sky actually gets dark at night. The town of Gates itself is a tight-knit community with a genuine small-town character that's increasingly hard to come by this close to the Hampton Roads metro. You're in the ALL OTHERS AREA 230 district of Gates County, which means you're outside the denser suburban zones but still within easy reach of the Virginia state line and the broader Tidewater region. For buyers who want space, quiet, and the satisfaction of owning something brand new in a community that hasn't been overdeveloped, Gates Bank Road in Gates, NC checks every box.
What's nearby
Daily errands are easier than the rural setting might suggest. Family Foods of Gates is just 0.1 miles away — essentially your neighbor — so grocery runs are genuinely quick. When you want a proper meal without driving far, TW's Pulled Pork BBQ & More is 0.7 miles down the road and delivers the kind of local, no-frills barbecue that keeps regulars coming back. The Virginia border is a short drive north, opening up access to the broader Hampton Roads area for larger shopping trips, medical appointments, or a night out.
For different buyers
For military families relocating
Joint Staff J7 in Suffolk is roughly 37 minutes from Gates Bank Road — a manageable commute that puts you well outside the congestion of the Hampton Roads core. For military families, a VA loan can make a brand-new 2026-built home like this one especially accessible, with no PMI and competitive terms. You'd be trading base-adjacent traffic for genuine peace and quiet without sacrificing reasonable drive times.
For first-time buyers
If you've been waiting for a home that won't hand you a repair list on day one, new construction is the answer — and this 2026-built home on Gates Bank Road is exactly that. Three bedrooms, two full baths, and 1,280 square feet give you real, livable space. A VA loan could make this even more attainable if you qualify, and Gates County's rural setting means you're getting more home and more land for your investment.
Frequently asked questions
How far is MM Gates Bank Road from Joint Staff J7 Suffolk?
The drive from Gates Bank Road to Joint Staff J7 in Suffolk, Virginia is approximately 37 minutes under normal conditions, heading north through Gates County and across the state line into the Hampton Roads area.
What year was this home built?
This home was built in 2026, making it brand-new construction with modern materials, current building codes, and no prior ownership history.
Is there a grocery store close to MM Gates Bank Road in Gates, NC?
Yes — Family Foods of Gates is just 0.1 miles from the property, making it one of the most conveniently located grocery options you'll find in a rural Gates County setting.
What is the flood risk for this property?
Flood zone information for this address is displayed in the dedicated FloodRisk tile on this page, which reflects the most current FEMA mapping data available for Gates County.
Can a VA loan be used to purchase a new construction home in Gates, NC?
In most cases, yes — a VA loan can be used for new construction, though the process involves a few additional steps such as builder approval and construction inspections; speaking with a VA-experienced lender is the best way to confirm eligibility for this specific property.
Curious about life on Gates Bank Road or ready to take a closer look? Tom and Dariya Milan at LPT Realty are here to walk you through every detail — reach out anytime.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
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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