2861 Lockett Road
Rice, VA, 23966
$380,000
- 3beds
- 2baths
- 1,024sq ft
- 10.00acres
- 1985year built
- 10days on market
Your savings stack on this home
How we figured this
ZERO Closing Costs covers origination $1,300, appraisal $500, title & settlement $1,220, owner’s title insurance $1,838 and credit, flood & data fees $160, priced for Prince Edward, VA with 20% down. Government taxes and recording fees are not included. Restrictions apply.

Stephany Lopez, REALTOR®
Your CapCenter agent · (804) 836-5401
Questions? Call (804) 648-4357
About this home
- Gas fireplace
- Hardwood floors
- Central air
Bring your horses and enjoy country living on this beautiful 10-acre property featuring two homes, two barns, fenced pastures, and scenic countryside views! With over half the land cleared and part wooded, there's room for grazing, recreation, and privacy. The main residence is a charming 3-bedroom, 2-full-bath ranch home on a solid foundation. The inviting living room features wood-look flooring and a stone-surround gas fireplace. The bright kitchen offers white cabinetry, ample counter space, newer appliances, a decorative tile backsplash, and a window overlooking the property. Thermally insulated windows, a newer heat pump, and a 2023 roof add appeal. A second residence, a 1996 single-wide home, offers 2 bedrooms, 2 bathrooms, and its own well and septic system which conveys with property. Its open kitchen and dining area includes breakfast bar seating, making it a flexible option for extended family, guests, or other permitted uses. Owner has replaced flooring in bedrooms and living room, installed vapor barrier in crawlspace and replaced skirting. Updates in 2023 include a recoated roof and new propane gas wall heater. Equestrian enthusiasts will love the 48' x 30' National barn, complete with five 12' x 12' stalls, a center aisle, tack room and spacious insulated office with new floor. Owner installed interior spigot added cattle panels around barn. An exterior lean-to provides covered storage for supplies and equipment. With pastureland and wooded areas, there's a balance of practical space and natural beauty. Six fenced paddocks, including one dry paddock, offer flexibility for horses and other livestock. An on-site automatic waterer simplifies daily care and a bonus second barn, approximately 3,000sf, includes six stalls with two with fronts located in the pasture. Whether you're seeking a private horse property, hobby farm, multigenerational living, or a quiet country retreat, this versatile property offers space to make it your own.
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Location
Property details
Important details
- Status
- Active
- Date listed
- 10/26/2026
- Time on Market
- 10 days
- Property Type
- Single Family Residence
- List Price
- $380,000
- Price/Sq. Ft
- $371
- Living area
- 1,024 sq. feet
- Lot Size
- 10 acres
- Year Built
- 1985
- County
- Prince Edward
- Community
- None
Interior details
- Bathrooms
- 2 Full
- Basement
- Crawl Space
- Fireplace
- Yes (1) - Gas
- Heating
- Electric, Forced Air, Heat Pump
- Cooling
- Central Air
- Rooms
- 5 Total, 3 Bedrooms
- Appliances
- Electric Water Heater
Building & lot
Building
- Architectural Style
- Manufactured Home, Ranch
- Stories
- 1
- Living Area
- 1,024 sq ft
- Property Type
- Single Family Residence
- Year Built
- 1985
- Flooring
- Laminate, Linoleum, Parquet, Wood
- Roof
- Composition
- Construction
- Frame, Wood Siding
Lot Info
- Lot Size
- 10 acres
- Parcel Number
- 027-2-J
Exterior Features
- Fencing
- Back Yard, Fenced
- Pool
- No
Parking
- Garage
- No
Ownership
- Ownership
- Individuals
Community details
School Districts
- Elementary
- Prince Edward
- Middle
- Prince Edward
- High
- Prince Edward
Utilities
- Sewer
- Septic Tank
- Water
- Well
Neighborhood
- Subdivision
- None
Taxes & Assessment
- Tax Assessed Value
- $165,100
- Annual Tax
- $660
- Tax Year
- 2025
Listing information
Realty Agent
Listing Details
- MLS System
- CVRMLS
- MLS ID
- 2628545
- MLS Status
- Active
Listed by: Napier Realtors, ERA
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All or a portion of the Listing Content is provided by the Central Virginia Regional MLS, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional MLS, LLC. All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

