Fair Deal Based on an estimated value, which may not reflect the home's current market value.

1505 Palmer DrBlacksburg, VA 24060

$649,000

Est. $585,500

  • 3,200 sqft
  • 5 beds
  • 3 baths

About this home

  • Located on a cul-de-sac
  • Granite countertops
  • New beautiful entry door

PRICE IMPROVEMENT!

Welcome home to 1505 Palmer Dr. in Blacksburg!

Please note: We are not interested in cash offers from investors, wholesalers, or buying services. Individual buyers and licensed real estate agents only.

This 5 bedroom, 2-story Colonial home is located on a cul-de-sac in the desirable neighborhood of Rainbow Ridge/Grissom Highlands. If you are looking for a large home with plenty of space for everyone, a private setting but in town and close to everything, this home is for you!

The amazing 48’ x 12’ deck faces east/southeast and warms up with the morning sun. It is a wonderful place to enjoy the shaded afternoon and evening looking out to stunning views of Paris Mountain and into Ellett Valley. Being out there feels like you’re in your own private oasis. You’ll spend lots of time out here!

The new, beautiful entry door welcomes you into the tiled foyer with a large coat closet. Hardwood floors can be found throughout the main level and the house has been freshly painted and is move-in ready.

The large living room has crown molding and ample space for a variety of seating arrangements. The updated kitchen features plenty of cabinet space, an island, granite countertops and dinette space with a large window with views. The dining room has crown molding and wainscotting, and French doors leading to the deck. In the family room, enjoy the fireplace with a brick hearth, built-in shelving, large windows and a door to the deck. A powder room completes the main level.

Upstairs, you’ll find 4 bedrooms, all with hardwood floors, ceiling fans/lights, large casement windows and closets. The hall bathroom has been thoughtfully renovated and there is a hall linen closet for additional storage. The light and bright 10'-11" X 25'-2" primary bedroom runs the width of the house and has an updated 3-piece ensuite. It is more of a retreat with plenty of space for a seating area, reading nook or dressing area. There are 2 large closets and beautiful views from the rear windows.

The full walk-out basement is bright with lots of windows, a permanent dehumidifier and electric baseboard heating. It offers a flexible layout with an additional living room, flex room with a door to the backyard, storage area and the laundry room. Washer and dryer convey.

The attached garage is freshly painted and has bright LED lighting.

New in 2025: • Roof - Shingle • Windows – Pella, Casement and Double Hung (basement) • Front Door – Therma Tru Montebello Fiberglass Entry Door with Sidelights • Back Door – Family Room and Basement • Upstairs Hall Bath

Two car attached garage with exterior door and garage door opener

Climate • HVAC: 2013 HEIL, DELUXE, 3 TON, HEAT PUMP SYSTEM WITH HONEYWELL ZONE CONTROL • Backup power from external generator (not supplied) to Kitchen, Refrigerator, main level lights, primary bath and bedroom and two back bedrooms. External hookup to sub panel with transfer switch.

Electric baseboard heaters are in the basement only.

Buyer Agents are welcome!

All information is believed to be accurate by the sellers.

Property history

  • Price change

    Sep 6, 2026

    $649,000

    Down 6.0%$203/sqft
  • Listed for sale

    May 30, 2026

    $689,000

    Up 130.0%$215/sqft
  • Listing removed

    Sep 1, 2012

    $299,900

    $94/sqft

Monthly payment estimate

$4,179/mo

Principal & interest
$3,595
Property tax
$389
Home insurance
$195

Down payment · $129,800

Estimate only, using local tax and insurance figures. Your actual payment depends on your lender. Starting rate: Freddie Mac's 30-year fixed average, week of Oct 15.

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Map showing 1505 Palmer Dr Blacksburg, VA 24060

Home values in 24060

in 2025
+4.3%
over 5 years
+41.7%

FHFA House Price Index for the ZIP code through 2025: past prices across the area, not a value for this home or a forecast.

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