ATTENTION INVESTORS AND RENOVATION ENTHUSIASTS! Opportunity awaits at 12048 Cady Lane in Hanover County! This property presents an exciting opportunity for investors, contractors, or buyers with the vision to recognize its potential. Whether you're searching for your next investment project, a renovation opportunity, or a property to transform into something special, this home offers a chance to create value through thoughtful improvements.
With the right vision and investment, this property has the potential for a remarkable transformation. Bring your creativity and explore the possibilities of making this property your next successful project.
Property is being sold strictly AS-IS, with the seller making no repairs. Due to its current condition, the property is not expected to qualify for traditional financing. Cash buyers or purchasers utilizing appropriate renovation financing are encouraged. Buyers should perform their own due diligence to evaluate the property's condition and suitability for their intended use.
Don't miss this opportunity to unlock the potential of a Hanover County property!
For sale
$350,000
12048 Cady Ln, Hanover, VA 23069
3beds
1,722sqft
Single Family Residence
Built in 1982
2.87 Acres Lot
$457,200 Zestimate®
$203/sqft
$-- HOA
What's special
- 2 days
- 246
- 27
Zillow last checked:
Listing updated:
Listed by:
Gary Pennington garypennington1967@gmail.com,
RE/MAX Commonwealth 804-288-5000
Source: CVRMLS,MLS#: 2629795
Originating MLS: Central Virginia Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Other
- Description: Shower
- Level: First
Other
- Description: Tub & Shower
- Level: Second
Heating
- Electric, Heat Pump, Zoned
Cooling
- Heat Pump, Zoned
Appliances
- Included: Electric Water Heater
Features
- Bedroom on Main Level, Eat-in Kitchen
- Flooring: Wood
- Basement: Full
- Attic: Access Only
- Number of fireplaces: 2
- Fireplace features: Masonry
Interior area
- Total interior livable area: 1,722 sqft
- Finished area above ground: 1,722
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage, Oversized, Garage Faces Rear, Garage Faces Side
- Attached garage spaces: 1
Features
- Patio & porch: Rear Porch, Front Porch, Screened
- Pool features: None
- Fencing: Chain Link,Fenced
Lot
- Size: 2.87 Acres
Details
- Parcel number: 8709610236
- Zoning description: A1
- Special conditions: Estate
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Brick, Drywall, Frame, Vinyl Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1982
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: None
Location
- Region: Hanover
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $473,500
- Annual tax amount: $1,725
- Date on market: 11/4/2026
- Ownership: Estate
Estimated market value
$457,200
$416,000 - $494,000
$2,013/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2026 | Listed for sale | $350,000+153.6%$203/sqft |
Source: | ||
| 11/1/1990 | Sold | $138,000$80/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $3,835 +10.5% | $473,500 +10.5% |
| 2025 | $3,472 +14.7% | $428,600 +14.7% |
| 2024 | $3,026 +11.9% | $373,600 +11.9% |
| 2023 | $2,705 +6.2% | $334,000 +6.2% |
| 2022 | $2,548 | $314,600 +8.1% |
| 2021 | -- | $290,900 +4.4% |
| 2020 | $2,257 +42.2% | $278,600 |
| 2019 | $1,587 | $278,600 +6.6% |
| 2018 | $1,587 -25% | $261,300 |
| 2017 | $2,117 +3.7% | $261,300 +3.7% |
| 2016 | $2,041 | $252,000 |
| 2015 | $2,041 | $252,000 |
| 2014 | $2,041 | $252,000 |
| 2013 | $2,041 | -- |
| 2012 | $2,041 -15.1% | -- |
| 2011 | $2,405 | -- |
| 2010 | $2,405 | -- |
| 2009 | $2,405 | -- |
| 2008 | $2,405 +30.5% | -- |
| 2007 | $1,843 +11.6% | -- |
| 2006 | $1,651 | -- |
| 2005 | $1,651 | -- |
| 2004 | -- | -- |
| 2003 | $1,416 | -- |
| 2002 | $1,416 | -- |
| 2001 | $1,416 | -- |
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.Climate risks
Neighborhood: 23069
Nearby schools
Schools provided by the listing agent
- Elementary: Kersey Creek
- Middle: Oak Knoll
- High: Hanover
Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





