Petersburg County Homes under $500,000

Petersburg County Homes under $500,000

Welcome to Petersburg, Virginia – a charming city steeped in history and brimming with Southern hospitality. Nestled along the historic Appomattox River, Petersburg boasts a rich tapestry of cultural heritage and modern conveniences, making it an ideal place for families, professionals, and retirees alike.

Petersburg is renowned for its vibrant arts scene, with numerous galleries, theaters, and music venues that showcase local talent and provide endless entertainment options. The city is also home to several parks and recreational areas, perfect for outdoor enthusiasts looking to explore the natural beauty of Virginia. With easy access to major highways, commuting to nearby cities like Richmond is a breeze, allowing residents to enjoy the best of both worlds.

For those seeking a home in this delightful city, you’ll be pleased to discover a variety of options available for under $500,000. Whether you’re looking for a charming historic home with character or a modern property with contemporary amenities, Petersburg offers a diverse real estate market that caters to all tastes and budgets. Many homes in this price range feature spacious layouts, beautiful gardens, and proximity to local schools, parks, and shopping areas.

Investing in a home in Petersburg not only secures a beautiful living space but also places you in a community that values tradition, growth, and connection. With its affordable housing market and a plethora of activities to enjoy, Petersburg is the perfect place to plant your roots and create lasting memories. Come explore the possibilities and discover your dream home in this enchanting Virginia city!

Newest Petersburg County Homes under $500,000

133 Marshall Street, Petersburg
$385,000
3 Beds ⋅ 2 Baths ⋅ CVR-2629355 MLS
Stunning stately historical 2-story home! This beautiful home has over 3,000 square feet of historic charm with all the comfort of modern renovation! The first level offers a formal living room with hardwood floor, built-in shelves, fireplace, and high ceiling, a formal dining room also with hardwood floor, fireplace, and high ceiling, a lovely updated kitchen with soapstone counters, stainless steel appliances, and skylights, a bright sunroom with tile floor, and the very large primary bedroom complete with fireplace, custom tray ceiling, hardwood floor, full updated private bath, and access to the laundry room! The 2nd level has a sitting room area with hardwood floor and ceiling fan, the very spacious 2nd bedroom with fireplace, hardwood floor, the large 3rd bedroom with hardwood floor, ceiling fan, and fireplace, and the 2nd full bathroom. This amazing property has natural gas heat & central air, a huge unfinished basement, a covered front porch with columns, a brick driveway, large fenced rear yard, a fantastic extended patio a covered deck grill area, and a detached storage shed - absolutely perfect for relaxing and entertaining guests! The owner has also had over $30,000 worth of Anderson windows, landscaping, and masonry work done - just an unbelievably amazing home! Close to surrounding schools, cities, and the popular Old Towne Petersburg, this property has so much to offer - check it out!

133 Marshall Street, Petersburg
844 Gladstone Street, Petersburg
$95,000
4 Beds ⋅ 1 Baths ⋅ CVR-2629356 MLS
Bring your vision to this charming Petersburg home! Featuring 4 bedrooms and 2 full bathrooms, this property offers an opportunity for investors, renovators, or buyers ready to take on a project. An inviting front porch welcomes you inside, where the living room opens to the kitchen, creating a connected space for everyday living and gathering. In need of renovation and TLC, this home is ready for its next chapter. Reimagine the spaces, restore its charm, and make it your own!

844 Gladstone Street, Petersburg
2563 Glendale Avenue, Petersburg
$225,000
4 Beds ⋅ 2 Baths ⋅ CVR-2627726 MLS
Welcoming curb appeal, light-filled spaces, and easy one-level living await at 2563 Glendale Avenue! With its classic white exterior, black shutters, and charming covered entry, this inviting ranch makes a lovely first impression. Inside, fresh paint and new flooring throughout create a bright, welcoming home. The generous living room features a wide bank of windows and plenty of room to gather or settle in for a quiet evening. Glass-paneled French doors add character and open to a light-filled room with an ensuite bathroom, offering flexibility to suit your lifestyle. The fully renovated kitchen shines with white cabinetry, brand-new stainless steel appliances, a subway tile backsplash, granite countertops, and LVP flooring. A window above the sink welcomes natural light. New carpet and ceiling fans add comfort to the bedrooms, while a shared hall bathroom with a white vanity and classic tile surround enhances the home’s refreshed appeal. Outside, the rear deck is ready for weekend grilling, and the spacious backyard offers room to garden, entertain, or relax beneath mature trees. With inviting spaces inside and out, this updated home is ready for you to make it your own. Schedule your showing today!

2563 Glendale Avenue, Petersburg
524 St Matthew Street, Petersburg
$239,000
3 Beds ⋅ 2 Baths ⋅ CVR-2629287 MLS
Everything NEW! NEW ROOF, NEW HVAC, NEW APPLIANCES, NEW WATER HEATER, NEW FLOORS, NEW KITCHEN AND NEW BATHROOMS! Quality construction, strong ones with the modern style you want, granite countertops and a primary bedroom suite with its own private bathroom and modern shower. Located on a quiet street in most sought-after Petersburg neighborhood, surrounded by value and near the new Casino and LEGO development. Fully fenced backyard perfect for kids, dogs and cookouts! Seller paying $5,000 toward closing costs, plus eligible buyers may qualify for up to $25,000 in grant assistance!

524 St Matthew Street, Petersburg
2368 Hill Street, Petersburg
$135,000
2 Beds ⋅ 2 Baths ⋅ CVR-2629201 MLS
Welcome to this charming, low-maintenance 2-bedroom, 1.5-bathroom townhome located in the heart of Petersburg! Listed at an incredible value of $135,000, this property offers true convenience and low-stress ownership. Step inside to a light-filled first floor featuring stylish, durable vinyl plank flooring throughout the main living space. The kitchen comes equipped with updated appliances, seamlessly flowing into a cozy living area designed for easy living and entertaining. Upstairs, you’ll find two well-sized bedrooms offering comfort and privacy. Major updates give you total peace of mind: a brand-new roof installed in 2026, fresh interior paint throughout, and updated appliances. Whether you are looking for an affordable place to call home or adding a high-yield, low-maintenance asset to your rental portfolio, this property is a must-see! Schedule your tour today before it’s gone!

2368 Hill Street, Petersburg
1513 West Lane, Petersburg
$168,000
3 Beds ⋅ 2 Baths ⋅ CVR-2629116 MLS
Bring your vision and make this all-brick rancher your own! Featuring 3 bedrooms, 2 bathrooms, and an unfinished walkout basement, this property offers plenty of potential for additional living space. Finish the basement and you could enjoy over 1,800 square feet of living space! The home is being sold AS IS and needs TLC, making it a great opportunity for investors, renovators, or buyers looking to build equity. Enjoy the oversized backyard with plenty of room for outdoor entertaining, gardening, or relaxing. Conveniently located just minutes from I-95, I-85, and Live! Casino & Hotel Virginia, with easy access to shopping, dining, and entertainment. Don't miss this opportunity to unlock the potential of this property!

1513 West Lane, Petersburg
135 Elm Street, Petersburg
$225,000
3 Beds ⋅ 2 Baths ⋅ CVR-2628908 MLS
Beautifully Renovated and Ready to Impress! Welcome to 135 Elm Street in Petersburg, VA, where classic charm meets modern style! This beautifully renovated 3-bedroom, 2-bathroom home offers a fresh, updated look with thoughtful finishes throughout. Step inside to discover bright, inviting living spaces featuring neutral paint, stylish wood-look flooring, recessed lighting, and contemporary fixtures that create a clean, modern feel. The updated bathrooms are especially impressive, showcasing beautiful marble-look tile, sleek black fixtures, modern vanities, and eye-catching shower designs. A sliding barn-style door adds a unique touch of character to the interior. Outside, the home's crisp white exterior creates a welcoming first impression, while the covered rear porch offers a great spot to unwind. The backyard provides additional outdoor space with opportunities to make it your own. With its stylish updates, inviting interior, and appealing single-level layout, 135 Elm Street is a property worth seeing in person. Schedule your private showing today and discover what makes this renovated home stand out!

135 Elm Street, Petersburg
2913 Rolyart Road, Petersburg
$429,000
5 Beds ⋅ 5 Baths ⋅ CVR-2628851 MLS
Discover exceptional space, style, and versatility in this beautifully renovated all-brick ranch, situated on nearly two-thirds of an acre in Petersburg, VA! Offering 5 spacious bedrooms, including TWO primary suites, 3 full baths, 2 half baths, a detached 2-car garage, and a screened porch, this impressive property combines classic brick construction with modern updates throughout. Step inside to an inviting living room featuring luxury wide-plank LVP flooring, recessed lighting, and a wood-burning fireplace. The stunning redesigned kitchen is a standout, showcasing new cabinetry, granite countertops, an oversized center island, stainless steel appliances, a wine refrigerator, and stylish finishes. The adjoining dining area provides convenient access to the screened porch. Both primary suites offer updated finishes and private bathrooms, providing exceptional flexibility. Additional bedrooms, a versatile flex room, and thoughtfully updated bathrooms complete the main level. The expansive finished basement adds valuable recreational space with updated flooring, recessed lighting, a second fireplace, exterior access, laundry area, half bath, and additional storage. Extensive improvements include a new roof, HVAC systems, plumbing, electrical, thermal windows, gutters, and fresh interior paint. Enjoy a generous lot with room for outdoor activities, a detached garage, and convenient access to Petersburg's historic downtown, local restaurants, shopping, parks, and regional attractions. Nearby destinations include Old Towne Petersburg, the Petersburg National Battlefield, and Fort Gregg-Adams. With its extensive renovations, flexible floor plan, and abundant indoor and outdoor space, this property offers an outstanding opportunity to enjoy comfort, convenience, and modern living. Schedule your private showing!

2913 Rolyart Road, Petersburg
1525 Circle Drive, Petersburg
$150,000
3 Beds ⋅ 1 Baths ⋅ CVR-2628800 MLS
Lovely Ranch needing a new owner. 3 bedrooms, 1 full bath. Living room, dining area, kitchen. Large rear yard, deck, and 2 storage sheds. Property being sold "AS IS"

1525 Circle Drive, Petersburg
828 Hinton Street, Petersburg
$320,000
4 Beds ⋅ 4 Baths ⋅ CVR-2628760 MLS
Welcome to 828 Hinton Street, a brand-new 2026 construction two-story home offering 1,840 square feet of modern living space in the Pridesfield neighborhood of Petersburg! This turn-key 4-bedroom residence features a thoughtful floor plan with full baths on both levels, providing fantastic flexibility for primary bedroom placement on either the first or second floor. Step inside to discover pristine, low-maintenance laminate flooring throughout, vibrant drywall finishes, and stylish ceiling fans. The heart of the home is the open kitchen, complete with modern quartz countertops, a center island, a pantry, and a full brand-new appliance package including a stove, refrigerator, microwave, and dishwasher. Outdoors, enjoy relaxing on the welcoming front porch or step out back to the rear deck overlooking a fully fenced backyard. Modern construction highlights include a brand-new shingle roof, a paved driveway, a newly installed central heat pump system, electric water heating, pull-down attic access, and public utilities. With zero HOA fees or restrictive covenants, this brand-new residence offers total freedom, comfort, and peace of mind. Zoned for Petersburg City Public Schools—including Westview Elementary, Vernon Johns Middle, and Petersburg High—this quality home provides pristine new-construction living at its finest!

828 Hinton Street, Petersburg
1420 Ferndale Avenue, Petersburg
$274,900
3 Beds ⋅ 2 Baths ⋅ CVR-2628758 MLS
SELLER-PAID 2-1 RATE BUYDOWN AVAILABLE! Qualified buyers may be eligible for reduced mortgage payments during the first two years of homeownership. Contact listing agent for details. Located in Petersburg, 1420 Ferndale Ave is a gorgeous new-construction home loaded with stylish finishes and thoughtful details throughout! It's a standout from the street with crisp white vertical siding, a charcoal gable, black shutters, new landscaping, a paved parking pad, and a covered wood front porch with keyless entry. Step inside to LVP flooring, recessed lighting, and sunny windows at every turn. The foyer opens right into an expansive Great Room where the living room, dining area, and kitchen flow seamlessly together. The kitchen is a showstopper with white shaker-style cabinetry with crown molding, matte black hardware, Quartz counters, a glossy tile backsplash, stainless steel appliances including a French-door refrigerator, and a large island with a beautiful black veined top, woven pendant lights, and barstool seating. Just beyond the kitchen, a utility room with washer/dryer hookups leads out to the rear deck. Down the hall, the primary suite offers windows on two walls, a ceiling fan/light, recessed lighting, and a walk-in closet with double hanging rods. The ensuite is equally impressive with a fluted double vanity, arched black-framed mirrors, tile floors, and a walk-in shower featuring a rain head, handheld sprayer, wood-look tile accent wall, built-in niche, transom window, and glass door. Two additional bedrooms offer ceiling fan/lights and ample closet space and share a hall bath with black fixtures and a tub/shower framed in bold black-and-white striped tile—a fun detail you won't see every day! Out back, the deck overlooks a privacy-fenced backyard that's perfect for relaxing or entertaining, and a gated gravel path runs along the side of the home. With everything on one level and just minutes from Old Towne, I-95, and I-85, 1420 Ferndale Ave is ready for you to move right in!

1420 Ferndale Avenue, Petersburg
851 E Bank Street, Petersburg
$289,950
3 Beds ⋅ 3 Baths ⋅ CVR-2628757 MLS
Welcome to 851 E Bank Street, a beautifully crafted new-construction home offering modern comfort in the heart of historic Petersburg. This striking two-story residence blends clean, contemporary lines with warm, inviting finishes throughout. SELLER-PAID 2-1 RATE BUYDOWN AVAILABLE! Qualified buyers may be eligible for reduced mortgage payments during the first two years of homeownership. Preferred lender available to provide financing options and specific payment scenarios. Contact listing agent for details. Financing incentives subject to buyer qualification, lender approval and applicable loan program requirements. Step inside to find an open, sunlit floor plan featuring wide-plank flooring, recessed lighting, and a stylish kitchen designed for effortless entertaining. Crisp white cabinetry with dovetail drawers, sleek quartz countertops, a spacious island with bar seating, and stainless steel appliances. A cozy dining nook and adjoining living area create a seamless flow for everyday living. Upstairs, the spacious bedrooms are outfitted with ceiling fans and generous natural light, while the private primary suite offers a peaceful retreat complete with an en-suite bath featuring a double vanity and a beautifully tiled walk-in shower. A second full bath showcases eye-catching black-and-white tile work for extra character. Outside, enjoy a fully fenced backyard, a brand-new wood deck, and off-street paved parking. Durable board-and-batten and metal panel siding give the exterior a fresh, modern feel that stands out. Located just minutes from downtown Petersburg's shops, restaurants, and riverside charm along the Appomattox River, this home offers wonderful convenience with easy access to major roadways for a smooth commute. Whether you're drawn to the historic streets nearby or simply love the ease of new construction with modern systems already in place, this home delivers comfort, style, and location all in one. Don't miss the opportunity to make this move-in ready gem your own.

851 E Bank Street, Petersburg
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