Back 402 East Spencer Street
Off Market

402 East Spencer Street

Culpeper VA 22701

5
2
3189 sq. ft.
0.44 ac.
Single-Family
Last sold for $260,000
Pamela DeslauriersPamela Deslauriers, last sold this property on 19 December 2025 after 53 days on market.

Overview

Property Description (Do Not Enter the Home) Fantastic Redevelopment Opportunity - Downtown Culpeper! Premier corner lot (0.44 acres) located in the Town of Culpeper. The existing structure is unsafe to enter and more than likely needs to be demolished. Favorable zoning and generous lot size provide excellent potential for redevelopment ”” build a duplex or 5 unit apartment building for income or your dream home close to downtown amenities. See site plan for 5 unit apartment building, approval most likely in the next 30-40 Days. This is also listed in Commercial....VACU2011932 The property was last used as a duplex with separate entries to a 3 BR / 1 BA unit and a 2 BR / 1 BA unit, totaling approximately 3,200 sq. ft. (per tax records). Structure is uninhabitable and offers no value. Being sold as-is. Highlights: Lot Size: 0.44 acres (corner lot) Zoning: Favorable for multi-family or single-family (verify with Town of Culpeper) Location: Walking distance to downtown shops, dining, and entertainment Utilities: Public water and sewer available Structure: Unsafe - demolition required

Features

5 bedrooms
2 bathrooms
3189 sq. ft. floor area
0.44 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Culpeper over the last 12 months, the estimated median property value of 402 East Spencer Street is $530k.

Median value
$530k
Estimated value range
$175k - $1.04m
Median days on market
29
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Culpeper. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 402 East Spencer Street

2025
Sold
$260,000
19 Dec 2025 by Pamela Deslauriers, of Montague, Miller & Company
2025
Sold
$150,000
30 Jul 2025 by Pamela Deslauriers, of Network Realty Group

Happy sellers in Culpeper

90%
90% of sellers in Culpeper reported that their sale price either exceeded or met their price expectations.

Culpeper stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Culpeper over the last 12 months.

Local market activity for 5 bedroom single-family properties in Culpeper

In the last 12 months, 40 five-bedroom single-family properties similar to 402 East Spencer Street, have been sold.

This represents a 5% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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