7231 Pegway Lane

Off Market

7231 Pegway Lane

Mechanicsville VA 23111

1503 sq. ft.

0.41 ac.

Single-Family

Last sold for $390,500

Ernie Chamberlain, last sold this property on 20 May 2026 after 34 days on market.

Overview

Tucked away on a tree-lined street in the quiet Meadow Gate neighborhood sits 7231 Pegway Ln—a classic brick ranch with a long list of updates and a one-car garage! Inside you’ll enjoy a thoughtful layout with original hardwood floors, fresh paint throughout, vinyl windows (2023), updated hardware and fixtures, and new LVP herringbone floors in the family room and kitchen! Once you’ve checked out the covered front porch, you can head inside to the foyer and to your right is a spacious living room boasting incredible natural light. It opens nicely to the formal dining room with chair rail and crown molding. The kitchen and family rooms are open to one another and offer those stylish new herringbone floors. The kitchen is more spacious than you may expect with two walls of cabinets, stainless steel appliances, crown molding and a raw-wood beam that provides a nice divider to the breakfast nook. The family room features a gorgeous brick fireplace with mantle, crown molding and easy access to the rear patio. Down the hall you’ll find all three bedrooms—hardwoods throughout each one, ample closet space and ceiling fans. The primary suite is quite spacious and features a fully updated half bath with newer vanity, flooring, and commode (easily converted back to a full bath!). The two additional bedrooms share a large full bathroom with tile floors, lots of storage, and a tub/shower. The garage is just about perfect—easily accessible from the kitchen, auto-door opener, and it has plenty of built-in storage. Outdoors you’ll enjoy a large concrete patio off the family room, a deck that sits just off the garage pedestrian door, a sizable shed, and a huge yard (lots of trees have been removed by the current owner!) with a newer privacy fence and gates on each side. It’s a must see in beautiful Hanover County! List of recent updates: New Central Heating/Cooling (Heat Pump, 2024), Paved Driveway (2023), New Vapor Barrier & Insulation in Crawl Space (2023), Water Heater (2023), & Roof (2020).

Features

3 bedrooms

2 bathrooms

1 carspace

1 garage space

1503 sq. ft. floor area

0.41 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Mechanicsville over the last 12 months, the estimated median property value of 7231 Pegway Lane is $365k.

Median value

$365k

Estimated value range

$186.5k - $800k

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Mechanicsville. 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 7231 Pegway Lane

2026

Sold

$390,500

20 May 2026 by Ernie Chamberlain, of Hometown Realty

2023

Sold

$315,000

11 Aug 2023 by Lisa And Chris Joseph, of RE/MAX Commonwealth

Happy sellers in Mechanicsville

87%

87% of sellers in Mechanicsville reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 6 reviews in Mechanicsville over the last 12 months.

Local market activity for 3 bedroom single-family properties in Mechanicsville

In the last 12 months, 217 three-bedroom single-family properties similar to 7231 Pegway Lane, have been sold.

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

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Mechanicsville for a market analysis.

Cyndi Merritt

at eXp Realty, LLC (E - SR12 - Virginia)

(46 reviews)

Get a market analysis

Kathy Holland

at Resource Realty Services

(53 reviews)

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Rodney K Chenault

at Hometown Realty

(4 reviews)

Get a market analysis

Mark Goad

at The Good Life RVA

(16 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mechanicsville

Cyndi Merritt

Sellers who recommend Cyndi Merritt have praised them for being local expert, clear communication, responsive, supportive, friendly, patient, and detail-oriented