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For sale
    • Price cut: $16K (8/22)
    $499,000

    104 Half Penny Ln, Madison, VA 22727

    4beds
    3,512sqft
    : 
    $3,089/mo
    Get pre-qualified
    Single Family Residence
    Built in 2005
    3.09 Acres Lot
    $495,300 Zestimate®
    $142/sqft
    $58/mo HOA

    What's special

    Comfortable one-level livingSeparate entrancePaved drivewayLarge attached garageOpen floor planStorage shedQuiet dead-end road
    BRAND-NEW ROOF! Along with lots of other newer items including Well Pump, Gutters, Culligan Whole House Filter System and Paint. HVAC IS 2020. Discover the space, flexibility, and lifestyle offered by this beautifully maintained home on over 3 scenic acres in the desirable Malvern of Madison community. With more than 3,500 square feet of finished living space, 3 spacious bedrooms, and 3 full bathrooms, this home is exceptionally well suited for multigenerational living, extended family, long-term guests, or anyone needing flexible separate living space. The main level offers comfortable one-level living with an open floor plan, oversized bedrooms, and generous gathering spaces. The fully finished walkout lower level creates an entirely different level of possibilities. With its own separate entrance, kitchenette, full bathroom, additional room, and spacious living areas, it provides valuable privacy and flexibility for extended family, adult children, guests, a home office, recreation space, or a combination of uses—all while keeping everyone under one roof. Beyond the home, enjoy the Malvern lifestyle—a peaceful, established community where you can enjoy country living without giving up neighborhood amenities. Spend summer days at the community swimming pool, enjoy the lake, gather at the clubhouse, or take the kids to the playgrounds. At home, relax on the front porch or back deck, explore your own 3+ acres, or unwind beside the wide creek that meanders through the property. Fiber internet makes working from home easy, while the location provides convenient access toward Charlottesville. A large attached garage, paved driveway, storage shed, wooded backyard, and quiet dead-end road add even more everyday convenience. Space for everyone. Privacy when you want it. A community designed to enjoy. With a brand-new roof coming soon at no increase in price, this home offers a rare opportunity to enjoy flexible multigenerational living and the best of the Malvern of Madison lifestyle.
    53 days
    824
    43

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Julie Garrett 540-522-3886,

    Rappahannock Real Estate, LLC. (540) 229-0199

    Source: Bright MLS,MLS#: VAMA2002854MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Basement
      • Description: Percent Finished: 95.0
      • Area: 1600
      Heating
      • Heat Pump, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Water Treat System, Electric Water Heater
      • Laundry: Main Level
      Features
      • Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Open Floorplan, Kitchen - Country, Kitchen Island, Kitchenette, Walk-In Closet(s)
      • Flooring: Carpet
      • Basement: Connecting Stairway,Partial,Full,Finished,Improved,Exterior Entry,Rear Entrance,Side Entrance,Walk-Out Access,Windows
      • Has fireplace: No
      Interior area
      • Total structure area: 3,512
      • Total interior livable area: 3,512 sqft
      • Finished area above ground: 1,912
      • Finished area below ground: 1,600
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Faces Side, Garage Door Opener, Attached
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: Other
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Sidewalks
      • Pool features: Community
      • Waterfront features: Lake
      • Body of water: Malvern Lake
      • Frontage type: Road Frontage
      Lot
      • Size: 3.09 Acres
      • Features: Landscaped, No Thru Street, Open Lot, Wooded, SideYard(s), Sloped, Stream/Creek
      Details
      • Additional structures: Above Grade, Below Grade, Outbuilding
      • Parcel number: 49 3 115
      • Zoning: A1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch/Rambler
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Block, Brick/Mortar
      • Roof: Shingle
      Condition
      • Very Good
      • New construction: No
      • Year built: 2005

      Utilities & green energy

      • Sewer: On Site Septic
      • Water: Well

      Community & HOA

      Community
      • Subdivision: Malvern Of Madison
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Lake, Pool, Tot Lots/Playground
      • HOA fee: $690 annually
      Location
      • Region: Madison

      Financial & listing details

      • Price per square foot: $142/sqft
      • Tax assessed value: $505,300
      • Annual tax amount: $2,577
      • Date on market: 7/7/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        $495,300

        $471,000 - $520,000

        $3,259/mo

        Price history

        DateEventPrice
        8/22/2026Price change$499,000-3.1%$142/sqft
        Source: Bright MLS #VAMA2002854 Report a problem
        8/15/2026Price change$515,000-3.7%$147/sqft
        Source: Bright MLS #VAMA2002854 Report a problem
        7/7/2026Listed for sale$535,000+9.2%$152/sqft
        Source: Bright MLS #VAMA2002854 Report a problem
        2/9/2024Sold$490,000+3.2%$140/sqft
        Source: Bright MLS #VAMA2001454 Report a problem
        1/14/2024Pending sale$475,000$135/sqft
        Source: Bright MLS #VAMA2001454 Report a problem
        1/10/2024Listed for sale$475,000+11.8%$135/sqft
        Source: Bright MLS #VAMA2001454 Report a problem
        5/4/2022Sold$425,000+6.3%$121/sqft
        Source: Bright MLS #VAMA2000488 Report a problem
        4/4/2022Pending sale$399,900$114/sqft
        Source: CAAR #VAMA2000488 Report a problem
        4/2/2022Listed for sale$399,900$114/sqft
        Source: CAAR #VAMA2000488 Report a problem
        4/2/2022Pending sale$399,900+42.8%$114/sqft
        Source: Bright MLS #VAMA2000488 Report a problem
        10/17/2017Sold$280,000-5.1%$80/sqft
        Source: Public Record Report a problem
        9/1/2017Pending sale$294,900$84/sqft
        Source: Remax Action Real Estate #MA9954603 Report a problem
        9/1/2017Price change$294,9000%$84/sqft
        Source: Remax Action Real Estate #MA9954603 Report a problem
        5/10/2017Listed for sale$295,000-6.3%$84/sqft
        Source: RE/MAX ACTION REAL ESTATE-CHARLOTTESVILLE #561682 Report a problem
        10/14/2012Listing removed$315,000$90/sqft
        Source: Montague Miller & Co. Realtors #MA7829217 Report a problem
        6/24/2012Price change$315,000-3.1%$90/sqft
        Source: Montague Miller & Co. Realtors #MA7829217 Report a problem
        4/29/2012Listed for sale$325,000-7.1%$93/sqft
        Source: Montague, Miller & Company #MA7829217 Report a problem
        12/8/2011Listing removed$349,900$100/sqft
        Source: RE/MAX CROSSROADS #MA7624125 Report a problem
        6/11/2011Listed for sale$349,900$100/sqft
        Source: Remax Crossroads #MA7624125 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,577 +0.8%$505,300 +46.3%
        2024$2,557 +18.4%$345,500 +18.4%
        2023$2,159 $291,800
        2022$2,159 +4.2%$291,800
        2021$2,072 $291,800
        2020$2,072 $291,800 +7.7%
        2018-- $271,000
        2017-- $271,000
        2016-- $271,000
        2015-- $271,000
        2014-- $271,000
        2013-- $271,000 -22.2%
        2012-- $348,200
        2011-- $348,200
        2010-- $348,200
        2009-- --
        2008-- --
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- --
        2001-- --
        2000-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 22727

        Getting around

        0 / 100
        Car-Dependent
        2 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Madison County Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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