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Sold for $585,000
  • $585,000

    1010 Madison Ln, Blacksburg, VA 24060

    5beds
    2,796sqft
    Detached
    Built in 1990
    5.46 Acres Lot
    $585,000 Zestimate®
    $209/sqft
    $2,929 Estimated rent

    Home value

    $585,000

    $556,000 - $614,000

    $2,929/mo

    Zestimate® history
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    What's special

    Front porch swinging, anyone? A beautiful, classic cape cod tucked away in the highly sought after Preston Forest neighborhood in Blacksburg. It’s less than 10 minutes from town, but located in a wooded retreat oasis. This stately home features a classic gambrel roof and a covered front porch to wind down and enjoy the natural surroundings. The flexible living spaces work as either 4 or 5 bedrooms with a first floor primary bedroom for main level living! Natural light pours in through tall windows, and elegant fanlight-topped casements create bright, welcoming spaces throughout. The layout includes three spacious upstairs bedrooms ( one with its own sitting groom), a mudroom with exterior access, and an unfinished walkout basement with 2-car garage, perfect for extra storage or future expansion. Welcome to privacy and tranquility with convenient location to Blacksburg amenities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jay Mandell 540-599-4070,

    Mandell Real Estate Group

    Bought with:

    Unrepresented Buyer Agent

    Unrepresented Buyer

    Source: New River Valley AOR,MLS#: 425295MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Basement
    • Area: 1100
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Dishwasher, Disposal, Dryer/Electric, Microwave, Oven, Electric Range, Refrigerator, Washer, Electric Water Heater
    • Laundry: Main Level, Electric Dryer Hookup, Washer Hookup
    Features
    • Ceiling Fan(s), Vaulted Ceiling(s), Master Downstairs
    • Flooring: Hardwood
    • Basement: Full,Garage Door
    • Attic: Access Only
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 4,856
    • Total interior livable area: 2,796 sqft
    • Finished area above ground: 2,796
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Double Under
    • Attached garage spaces: 2
    Features
    • Levels: Two or More
    • Stories: 2
    • Patio & porch: Screened Porch
    Lot
    • Size: 5.46 Acres
    • Features: Corner Lot, Rural, Secluded, Subdivision, Wooded
    Details
    • Parcel number: 014984

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    • Property subtype: Detached
    Materials
    • Brick, Vinyl Siding
    • Roof: Shingle
    Condition
    • Good
    • Year built: 1990

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    Community
    • Subdivision: Preston Forest
    HOA
    • Has HOA: No
    Location
    • Region: Blacksburg

    Financial & listing details

    • Price per square foot: $209/sqft
    • Tax assessed value: $492,100
    • Annual tax amount: $3,739
    • Date on market: 9/12/2025
    • Cumulative days on market: 33 days

    Price history

    DateEventPrice
    5/11/2026Sold$585,000$209/sqft
    Source: New River Valley AOR #425295 Report a problem
    10/15/2025Pending sale$585,000$209/sqft
    Source: New River Valley AOR #425295 Report a problem
    10/7/2025Listing removed$2,950$1/sqft
    Source: Zillow Rentals Report a problem
    9/30/2025Price change$585,000-1.7%$209/sqft
    Source: New River Valley AOR #425295 Report a problem
    9/12/2025Listed for sale$595,000+19.1%$213/sqft
    Source: New River Valley AOR #425295 Report a problem
    7/9/2025Price change$2,950-13.2%$1/sqft
    Source: Zillow Rentals Report a problem
    7/2/2025Price change$3,400-5.6%$1/sqft
    Source: Zillow Rentals Report a problem
    6/26/2025Price change$3,600-5.3%$1/sqft
    Source: Zillow Rentals Report a problem
    5/30/2025Listed for rent$3,800$1/sqft
    Source: Zillow Rentals Report a problem
    9/10/2024Listing removed$499,500-18.1%$179/sqft
    Source: New River Valley AOR #412774 Report a problem
    7/25/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/22/2023Listed for rent$3,800$1/sqft
    Source: Zillow Rentals Report a problem
    6/12/2023Listing removed$610,000$218/sqft
    Source: New River Valley AOR #418259 Report a problem
    6/5/2023Listed for sale$610,000+17.3%$218/sqft
    Source: New River Valley AOR #418259 Report a problem
    9/7/2021Sold$520,000+4.1%$186/sqft
    Source: Agent Provided Report a problem
    8/3/2021Pending sale$499,500$179/sqft
    Source: New River Valley AOR #412774 Report a problem
    7/30/2021Listed for sale$499,500$179/sqft
    Source: New River Valley AOR #412774 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,740 +1.3%$492,100
    2024$3,691 +7.1%$492,100
    2023$3,445 -3.1%$492,100 +23.2%
    2022$3,556 $399,500
    2021$3,556 $399,500
    2020$3,556 +9898.7%$399,500
    2019$36 $399,500
    Find assessor info on the county website

    Neighborhood: Preston Forest

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gilbert Linkous
    • Middle: Blacksburg
    • High: Blacksburg
    • District: Montgomery County

    Source: New River Valley AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $585,000
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    With Zillow Showcase(estimated)
    $596,700