1166 Melrose Rd
Gladys, VA 24554
- Studio
- 1,636 sqft (on 50.50 acres)
Studio
1,636 sqft
(on 50.50 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1988
Lot Size
50.5 acres
Living Area
1,636 sqft
Price/Sqft
$251
About this House
The perfect get away, leave the stress of the world behind you on this beautiful 50 acre tract. The home is nestled on the back of the property overlooking the scenic Stanton River. This well-built 3 bedroom home offers hard wood floors, a spacious kitchen, sunroom and a huge covered deck and a full basement. The land is gently rolling with approximately 10 acres open and the remaining is mature hardwood forest. Wildlife is abundant. The opportunities are endless with this property located only 30 miles from Lynchburg. Two lots sold together as one. Parcel ID: 100A14- 44.3 acres and Parcel ID: 100A14B- 6.7 acres
1166 Melrose Rd, Gladys, VA 24554 is a studio, 1,636 sqft single-family home built in 1988. It last sold for $320,000 on Nov 30, 2022. It is currently off market. The Trulia Estimate is $411,200, with a rent estimate of $1,384/month.
Home Details for 1166 Melrose Rd
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Heating & Cooling Heating: Heat PumpCooling System: OtherHeating Fuel: Heat Pump |
Interior Details Number of Rooms: 7 |
Fireplace & Spa Fireplace |
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Year Built Year Built: 1988 |
Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Exterior: Wood |
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Lot Area: 50.50 acres |
Price History for 1166 Melrose Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 11/30/2022 | $320,000 | Sold | LMLS #340587 |
| 10/25/2022 | $359,900 | Pending | LMLS #340587 |
| 09/20/2022 | $359,900 | Listed For Sale | LMLS #340587 |
| 08/29/2019 | $205,000 | Sold | N/A |
| 03/31/2017 | $190,000 | Sold | LMLS #302421 |
| 01/23/2017 | $349,900 | PriceChange | Agent Provided |
| 12/07/2016 | $359,900 | Listed For Sale | Agent Provided |
Market trends in Gladys
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
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Available listings
19
1MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $1,027 |
| Assessment | $228,300 |
Home facts updated by county records
Comparable Sales for 1166 Melrose Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.74 | Single-Family Home | $155,000 | 10/03/25 | 3 | 1.5 | 1,728 | |
1.82 | Single-Family Home | $167,000 | 03/04/26 | 3 | 1 | 1,020 | |
2.06 | Single-Family Home | $560,000 | 05/28/26 | 2 | 2 | 2,144 | |
2.55 | Single-Family Home | $135,000 | 05/01/26 | 3 | - | 1,905 | |
3.08 | Single-Family Home | $250,000 | 06/30/26 | 3 | 3 | 2,659 | |
3.69 | Single-Family Home | $383,500 | 05/29/26 | 3 | 2 | 2,124 | |
3.71 | Single-Family Home | $235,900 | 09/09/25 | 2 | 2 | 1,317 | |
3.55 | Single-Family Home | $248,000 | 09/19/25 | 3 | 2 | 2,983 | |
4.60 | Single-Family Home | $377,500 | 11/06/25 | 3 | 2 | 1,577 | |
4.39 | Single-Family Home | $73,400 | 03/20/26 | 3 | 1 | 1,500 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1166 Melrose Rd.
What Locals Say about Gladys
At least 2 Trulia users voted on each feature.
100 % Say parking is easy
100 % Say car is needed
100 % Say there's wildlife
100 % Say there's holiday spirit
67 % Say yards are well-kept
50 % Say it's quiet
50 % Say they plan to stay for at least 5 years
50 % Say it's dog friendly
50 % Say there are sidewalks
Sourced by Trulia users. Learn more about our methodology.
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