Perched on a sprawling 1-acre lot in the established Bali Hai Estates, 865 Olney Rd offers a rare opportunity to own a piece of Vinton’s scenic landscape. This 1968 brick ranch is a diamond in the rough, boasting breathtaking, panoramic views that you truly have to see to believe. As an REO property, this home is priced to reflect its need for a full renovation. Whether you’re an investor looking for your next project or a homeowner dreaming of a custom transformation, the "bones" are here to work with.
Mecca Gardens, located between I-581 and the Roanoke River Greenway, is a residential and river-adjacent Roanoke neighborhood with mid-century ranch homes and leafy, low-traffic streets. The neighborhood’s character concentrates around the Greenway trailheads near Wasena Park, where cyclists, runners, and dog-walkers stream past picnic lawns and river overlooks. Housing reads as practical and well-kept, with brick facades, deep setbacks, and mature trees shaping a calm streetscape. Daily rhythms orbit outdoor time—walks to the river, playground loops, and weekend park gatherings. For a local-night-out anchor, the Grandin Village corridor adds Roanoke Co+op, the Grandin Theatre, and RND Coffee Lounge as community pillars. Geography stays central: water, trails, and quick hops to the city grid without losing the tucked-away feel.
Provided by Walk Score and Local Logic
Market insights
865 Olney Rd · $259,000
DAYS ON MARKET
1 days
The average home goes pending in 16 days.
SALE-TO-LIST
98.8%
Most homes are selling 1% below list price.
LIST PRICE
$259,000
Median sale price in this area is $381,487. (47% higher than this home)
PRICE DROP
0 price drops
25% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Fireplace
Bedroom on main level
Bedrooms
Second bedroom on first floor
Bathrooms
Two full bathrooms
One half bathroom
First-floor full bath with tub & shower
Basement half bath
Kitchen
Main kitchen on first floor
Basement kitchenette
Laundry & utility
Washer hookup
Dryer hookup
Water heater
Flooring
Carpet
Wood
Heating & cooling
Central air
Baseboard heating
Hot water heating
Natural gas heating
Exterior features
Rear porch
Deck
Paved driveway
Yard with landscaping (residential lot)
Home design
Two-story house
Entry level is first floor
Resale property
Parking
Driveway parking
No garage
Paved parking area
Construction
Brick and drywall construction
Composition roof
Below-grade finished area
Below-grade unfinished area
Above-grade finished area
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of the R-1 residential district is to provide appropriate areas for moderate density single-family residential development and promote a suitable residential environment with necessary community facilities and public services. The district is also intended to preserve the predominant character of established neighborhoods and protect single-family residential areas from encroachment by potentially incompatible nonresidential uses and higher density residential uses.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Infrastructure
Educational/school
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 100° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Vinton, VA • 24179
Average low and high temperatures (°F)
43
27
50
32
67
42
74
51
75
56
86
66
89
71
84
65
79
60
71
49
61
42
48
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 865 Olney Rd
$259,204
$204 over list price of $259K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $223K to $295K.