4387 Patterson Mill Rd,Bedford, VA 24523

$ 1,250,000|3beds|1baths
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    4387 Patterson Mill Rd,  Bedford, VA 24523
    Status:Active
    Price:$ 1,250,000
    Beds:3
    Baths:1 Bath (1 F)
    Type:Single Family
    Size:2,019 ft²
    Lot Size:367.78 acres

    ~Start Your Dream Estate Here!~

    Features
    • Fantastic Peaks of Otter Views
    • Over 365 acres of Pasture and Wooded Land
    • Fully Fenced
    • Bold Sheeps Creek and Headwaters of Otter River
    • Large Barn and Well-Built Farmhouse on Property
    Remarks

    Stunningly scenic Patterson Mill Farm offers dramatic views of Virginia's iconic Peaks of Otter from 367 +/- acres of lush rolling pasture, hardwood forest, bold stream, and trails – plus historic farmhouse, large barn, and fully fenced boundary with cross fencing and livestock water systems. Hilltop home sites offer privacy and views on this rare estate that encompasses panoramic valley with wooded hills on either side – all of this within the farm boundary with no other homes in sight. Enjoy pastoral setting only 12 minutes to downtown Bedford, 40 minutes to downtown Roanoke or Lynchburg, 30 minutes to Roanoke or Lynchburg shopping centers. Protected by a conservation easement that permits a wide range of rural uses including farming, forestry, events, division up to 3 parcels and up to 3 homes.

    Enjoy Sheep Creek as it meanders along the farm edge and hike or ride the winding wooded trails. Game and wildlife is abundant and nearby Blue Ridge Parkway, national forest, and Peaks of Otter offer unlimited outdoor recreation potential. Within a vibrant equestrian area, Patterson Mill Farm is ready for your horse farm plans and already set up as a expertly run cattle farm. Approximately 165 acres of well managed pasture is balanced by 202 acres of native hardwood timber. 
    Move into the 2,288 sq. ft. farmhouse to enjoy its high ceilings, original hardwood floors, and historic charm, or use it as guest quarters, farm manager's home, or rental while building your dream home on one of many stunning sites. First time on the market since the 1930s, this much usable, beautiful land rarely is available with comparable access, topography, and views.


    Contact agent David Hurt for information on the Conservation Easement and to schedule a showing!
    General Information
    Annual Property Tax:
    2980
    County:
    Bedford
    View:
    Wonderful Views of the Peak of Otter Mountains
    Area Amenities:
    Roanoke, Town of Bedford, Smith Mountain Lake, Lots of Outdoor Recreation Opportunities
    Miscellaneous:
    Gently Sloping Pastures Perfect for Cattle and Horses
    Building Details
    Year Built:
    1926
    # of Stories:
    2
    Style:
    Farmhouse
    Heating/Ventilation:
    Forced Air- Oil
    Air Conditioning:
    Window Units
    Sewer:
    Private Septic
    Water:
    Private Well
    Flooring:
    Original Wide-Plank Floors and Vinyl in the Kitchen
    Basement:
    Partial with Exterior Entrance
    Amenities
    • Barn/Stable
    • Built-ins
    • Ceiling Fan(s)
    • Fireplace
    • Hardwood Floors
    • Lawn
    • Offstreet Parking
    • Porch
    • Range / Oven
    • Refrigerator
    • Storage Area
    • Washer/Dryer
    Mortgage Calculator
    Price:
    Rate:
    %
    Down Payment:
    %
    Terms (in Years):
    Monthly Payment:
    Payment Estimator
    Total:$1,250,00020% Down:$250,000Financing:$1,000,000
    Jumbo 30 Yr Fixed*
    3.5 %
    (3.554% APR)
    $4,490 / month

    *Rates last updated 12/05/19. Information displayed is accurate as of the date of the latest update and is subject to change without notice. Loan pricing can only be locked through a home mortgage consultant. Other restrictions may apply. The Rate/APR and other terms may vary from those displayed based on the creditworthiness of the borrower, the type of dwelling, whether the borrower is self-employed, the location of the property and other factors. Please contact a lender in your area to determine what rates you qualify for.

    **Rates calculated from national averages.  To determine rates in your area please contact your local lender.


    Local Schools

    School NameTypeDistanceGreatSchools Rating
    Precept Schools Of Virginia
    729 Blue Ridge Avenue, Bedford, VA 24523
    (540) 586-6729
    private
    4.57 mi
    Bedford Primary School
    807 College Street, Bedford, VA 24523
    (540) 586-8339
    public
    4.77 mi
    GreatSchools
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    http://www.PattersonMillFarm.com
    David Hurt

    Wainwright & Co. - REALTORS

    16503 Booker T. Wash HWY
    Moneta, VA 24121

    (540) 598-9645
    REALTORREALTOREqual Housing Opportunity

    Licensed in Virginia. Lic. # 0225211945

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