366 days on market
Aerial flyover rendering — usually ready in a couple minutes.
$299,900
Mm Gates Bank (Magnolia) Rd
Gates, North Carolina 27937
MLS# 10582498 · ALL OTHERS AREA 230 · Gates County NC
Updated Mar 24, 2026 · Source: REIN MLS
Est. payment
$1,671/mo
Edit below
Price / sq ft
$278
1,080 sq ft
Days on market
366
HOA
None
Year built
2026
0 yrs old
Beds
3
Full Baths
2
Half Baths
0
Sq Ft
1,080
Garage
No
Schools
- ElementaryBuckland Elementary—
- MiddleCentral Middle—
- HighGates County—
Info provided by GreatSchools
About this home
Welcome home to the Magnolia model. This 3 bedroom, 2 bath ranch has some amazing features. From the beautiful LVP on the floors to the granite throughout the home, what's not to love! Stainless steel appliances and shaker style cabinets are just a couple of our standard features for you to enjoy. Relax and take a seat on the large front porch while taking in the breathtaking views country living has to offer. Every…
Listed by H Kim Old · BHHS RW Towne Realty
VaHome Team property overview
A brand-new 3-bedroom, 2-bath home on Magnolia Road in Gates, North Carolina — built in 2026 and sitting steps from everyday conveniences in a quiet, rural Gates County setting. Small-town pace, fresh construction, and easy access to the greater Hampton Roads corridor.
Read full property overview ↓Show less ↑
Why this home stands out
New construction in Gates County is genuinely rare, and this 1,080-square-foot home on Magnolia Road delivers it without the wait. Built in 2026, everything from the roof to the mechanicals is factory-fresh — no deferred maintenance, no surprises. For buyers who want a clean slate in a low-traffic, rural North Carolina community, this address is a straightforward answer.
ALL OTHERS AREA 230 and the Gates real estate market
Gates, North Carolina sits in Gates County — one of the smallest and most rural counties in the state — tucked into the northeastern corner of NC just below the Virginia border. Life here moves at a different pace than the busy Hampton Roads metro to the north, and that's precisely the draw. Magnolia Road is a quiet stretch where neighbors know each other and the surrounding landscape stays genuinely green. The town of Gates itself is compact, but it punches above its weight for everyday needs: a grocery store is practically at your doorstep, and a local BBQ spot is less than a mile away. Gates County's proximity to the Virginia state line means you're never truly isolated — the broader Hampton Roads area, with its employment, shopping, and military installations, is a manageable drive north. For buyers searching for MM Gates Bank Magnolia Road Gates NC real estate, the combination of new construction, rural calm, and regional access is a rare find in this zip code.
What's nearby
Family Foods of Gates is just 0.1 miles away — essentially a short walk — making grocery runs almost effortless from this address. When you're ready for a meal out, TW's Pulled Pork BBQ & More is 0.7 miles down the road and a local favorite for hearty, no-fuss dining. Beyond those two anchors, the Virginia border and the broader Hampton Roads corridor are accessible via US-158 and NC-37, putting larger retail, medical centers, and employment hubs within a reasonable drive. Daily life is easy here.
For different buyers
For military families relocating
Joint Staff J7 in Suffolk is roughly 37 minutes from Magnolia Road — a commute that's genuinely workable for many service members. Gates County's lower cost of living compared to Virginia Beach or Chesapeake makes it worth the extra miles, and a VA loan can make purchasing a brand-new home like this one even more accessible. Fresh construction means no repair negotiations and a clean start for your family.
For first-time buyers
If you've been waiting for new construction that doesn't come with a new-construction price tag in a high-demand zip code, Gates County deserves a serious look. This 2026-built home gives you three bedrooms, two full baths, and zero prior owners — a genuinely clean entry point into homeownership. The low-traffic neighborhood and walkable grocery store make everyday life simple while you settle in.
Frequently asked questions
How far is MM Gates Bank Magnolia Road from Joint Staff J7 in Suffolk?
The drive is approximately 37 minutes under normal conditions, heading north through Gates County and into Suffolk, Virginia via US-158. Actual commute times can vary depending on traffic near the Suffolk corridor.
What is the flood zone status for this property?
Flood zone information for this address is displayed in the FloodRisk tile on this page — check that section for the current FEMA designation specific to this parcel.
Is there an HOA for this address on Magnolia Road in Gates, NC?
Based on available information, this property does not appear to be subject to a homeowners association, though buyers should confirm with their agent during due diligence.
What year was this home built?
This home was built in 2026, making it brand-new construction — all systems, finishes, and structural components are current-year fresh.
Where is the nearest grocery store to MM Gates Bank Magnolia Road?
Family Foods of Gates is just 0.1 miles from this address — close enough to walk on a nice day and one of the most convenient grocery options in Gates County.
Curious whether this Gates County address fits your timeline and goals? Tom and Dariya Milan at LPT Realty are ready to walk you through every detail — reach out to start the conversation.
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
1,080
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
$299,900
Price / Sq Ft
$278
Annual Taxes
$328
Monthly Tax
$27
HOA
None
Tax Rate (effective)
0.11%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 8, 2025 | $299,900 | — |
| Currently listed | — | $299,900 | — |
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
$1,671/moPrincipal & interest
$1,556
Property tax
$27
Home insurance
$87
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# 10582498
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$299,900
MM Gates Bank (Magnolia) RD, GATES NC 27937
Gates, North Carolina 27937
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