366 days on market
$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, offering 1,080 square feet of fresh construction in a quiet rural setting — with everyday essentials literally steps from your front door and easy access to the greater Hampton Roads region.
Read full property overview ↓Show less ↑
Why this home stands out
Built in 2026, this home arrives with everything new — systems, finishes, and structure — so you're not inheriting anyone else's deferred maintenance. At just over 1,000 square feet, the layout is efficient without feeling cramped. Gates County delivers genuine small-town quiet, and the address sits within walking distance of a full grocery store, which is a rare convenience for a property this rural in character.
ALL OTHERS AREA 230 and the Gates real estate market
Gates, North Carolina sits in the far northeastern corner of the state, tucked between the Chowan River and the Virginia state line. It's the kind of place where neighbors wave, traffic is a non-issue, and the pace of life feels genuinely unhurried. Gates County is one of the smaller counties in the region, but it punches above its weight in terms of natural beauty — think open farmland, mature tree lines, and the kind of sky you only get away from city lights. The town of Gates itself is compact and community-oriented, with a strong sense of local identity. Commuters heading north into Hampton Roads will find the drive manageable, and the region's broader amenities — shopping, dining, medical, and entertainment — are accessible within 30 to 45 minutes. If you've been searching for something far removed from the congestion of coastal Virginia without sacrificing too much convenience, this corner of North Carolina deserves your attention. Unlike waterfront communities such as willoughby beach, Gates trades shoreline for serenity and acreage-class lots at a very different scale of living.
What's nearby
Daily errands are remarkably easy for a rural address. Family Foods of Gates is just 0.1 miles away — a full grocery store within a two-minute walk is genuinely uncommon out here, and it changes the calculus of everyday life considerably. When you want a sit-down meal, Nanny's Restaurant in nearby Petersburg, Virginia is also just 0.1 miles out, offering a local dining option right at your doorstep. For a more casual weekend treat, TW's Pulled Pork BBQ & More is less than a mile away and has earned a loyal following in the area. Between the grocery and the local food scene, the basics of daily life are well covered.
For different buyers
For military families relocating
Joint Staff J7 Suffolk is approximately 37 minutes north, making this Gates County address a workable option for personnel stationed there who want space, quiet, and a lower cost of living than coastal Virginia offers. A VA loan can make a new-construction purchase like this especially accessible, and your BAH from a Suffolk-area assignment may stretch further here than it would closer to base.
For first-time buyers
A brand-new build means no surprises lurking behind the walls — everything from the roof to the water heater is day one. At 1,080 square feet across three bedrooms and two baths, this home is sized right for a first purchase: manageable to maintain, easy to furnish, and straightforward to understand as a long-term investment. Gates County's lower property tax base and the walkable grocery store nearby make the numbers work in your favor.
Frequently asked questions
How far is Magnolia Road in Gates, NC from Joint Staff J7 Suffolk?
The drive from Gates to Joint Staff J7 Suffolk is approximately 37 minutes under normal conditions, heading north on US-13 into Suffolk, Virginia.
Is this home in a flood zone?
Gates County does include mapped flood zones, but the specific flood zone designation for this parcel is detailed in the property's FloodRisk tile — check that section for FEMA map data specific to this address.
What is the county jurisdiction for Magnolia Road in Gates, NC?
This address falls within Gates County, North Carolina, which handles property taxes, permitting, and local services for the area.
Does this property have an HOA?
Based on available property data, this home is not part of a homeowners association, which means no HOA restrictions or dues to factor into your plans.
When was this home built, and what does new construction mean for a buyer?
This home was built in 2026, meaning all major systems — HVAC, plumbing, electrical, and roofing — are brand new, and the structure was built to current North Carolina building codes, which typically reduces near-term maintenance costs significantly.
Curious whether this Gates County address fits your plans? Tom and Dariya Milan at LPT Realty are happy to walk you through the details — reach out to schedule a visit or ask your questions.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
MM Gates Bank (Magnolia) RD, Gates
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
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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