Three-Bedroom Ranch Home on 4.5 Acres – Pennington Gap, VA – $125,000

Area Overview

Pennington Gap is a town in Lee County in Southwest Virginia. The 2024 American Community Survey 5-year profile reports a population of 1,798 for the town. The town’s 2025 comprehensive plan addresses land use, transportation, utilities, community facilities, housing, and long-range development within Pennington Gap.

Safety & Crime

Available 2024 FBI-derived data for Pennington Gap, as reported by City-Stats, records 20 property-crime offenses and no violent-crime offenses for the town. The reported property offenses consisted primarily of larceny/theft, with one burglary also recorded. Crime statistics are reported offenses for the geographic area and should not be interpreted as conditions at this specific property.

Schools & Education

Pennington Gap is served by Lee County Public Schools. The Virginia Department of Education’s current school profile identifies Pennington Middle and Lee High within the division, while Elk Knob Elementary is located in Pennington Gap. The Zillow listing for this specific property identifies St. Charles Elementary, Pennington Middle, and Lee High as nearby schools and notes that school assignments should be confirmed with the local school district.

Nearby schools include St. Charles Elementary School, listed approximately 1.6 miles from the property; Pennington Middle School, approximately 4.3 miles away; and Lee High School, approximately 4.4 miles away. These are proximity figures rather than a confirmation of enrollment assignment.

Healthcare & Hospitals

Lee County Community Hospital is located in Pennington Gap and provides emergency services, inpatient care, diagnostic imaging and testing, outpatient cardiology, telemedicine access, and other community health services. Virginia’s Department of Health lists Lee County Community Hospital among the state’s designated Critical Access Hospitals.

Additional regional healthcare options include Lonesome Pine Hospital in Big Stone Gap and Norton Community Hospital in Norton. These facilities provide additional medical resources within the surrounding region.

Housing Market History

Historical Zillow Home Value Index data for Pennington Gap provides a consistent view of typical home values over recent years. The figures below use the same ZHVI metric throughout the series and are descriptive historical data rather than forecasts.

The 2026 figure reflects data through June 2026. Annual changes are calculated from the comparable values in the same historical series.

Current market snapshots provide additional context. Realtor.com reported a June 2026 median listing price of $164,900 for Pennington Gap, while Redfin reported a median sale price of approximately $155,000 for the three months ending June 2026. These are different market metrics and should not be directly substituted for the Zillow Home Value Index series above.

Transportation & Access

Pennington Gap is connected to the regional road network through U.S. Route 421 and the Route 58 corridor. Virginia transportation documents identify Route 58 projects involving the Pennington Gap area, including corridor work between Ben Hur and Pennington Gap and between Pennington Gap and Dryden. The area is oriented toward automobile travel, with regional access provided primarily by the highway network.

Shopping & Everyday Services

Everyday shopping and services are available within Pennington Gap. Food City operates a grocery store at 205 Riverbend Drive with grocery, pharmacy, bakery and deli, produce, hot foods, an ATM, gas service, and other household services. The town’s Leeman Field greenway also extends toward Riverbend Shopping Center.

Parks & Recreation

Leeman Field Recreation Park is a major public recreation resource in Pennington Gap. The 33-acre park includes a swimming pool, picnic pavilions, playground, sports fields, horse arena and stables, amphitheater, tennis courts, horseshoe pits, volleyball nets, pickleball courts, and a walking trail connected to the river greenway. The park is also used for community events throughout the year.

Utilities & Connectivity

Pennington Gap maintains municipal water and wastewater operations, while the subject property itself is listed with public water and a septic tank. Buyers should verify service arrangements and connection details during due diligence because area-level utility availability does not establish service to a particular parcel.

Broadband availability in Pennington Gap includes fiber, cable, fixed wireless, 5G home internet, and satellite options. Broadband Map’s current coverage information identifies Point Broadband Fiber Holding and MountaiNet Telephone among the fiber providers, with other providers offering cable and wireless services. Availability and actual speeds can vary by address, so service should be confirmed directly for the property.

Development & Planning

Pennington Gap’s 2025 comprehensive plan provides the town’s planning framework for land use, transportation, utilities, housing, community facilities, and future development. Current municipal records also identify several projects and planning activities in the area.

As of 2026, a proposed hotel development in Pennington Gap has included a public-review process for a new access road on East Morgan Avenue. The town’s public notice describes the road as providing access to the proposed hotel. In August 2026, the Virginia Department of Housing and Community Development listed a recommended Appalachian Regional Commission grant for a Hotel Development Utility Infrastructure Project in Pennington Gap. These items describe projects at specific planning or funding stages and do not establish a guaranteed completion date.

The town has also documented planning for the former Cas Walker site, including a flood-mitigation and recreational redevelopment concept, with design work and community input occurring during 2026.