Welcome to 16023 Colonial Rd. in Milford, Virginia, a well-maintained brick rancher offering 3 Bedrooms, 2 Baths, Full Basement, Detached 2.5 Car Garage, offers timeless character, generous living space, and incredible potential. Lovingly cared for and owned by only two owners within the same family, this home has great bones and is ready for its next chapter. The main level features three bedrooms and two full bathrooms, along with a spacious living room, formal dining room, and hardwood floors throughout the living room, dining room, and bedrooms. The kitchen offers plenty of counter space and cabinetry and flows directly into the formal dining room, making everyday meals and entertaining easy. A screened-in porch and composite deck provide additional space to relax and enjoy the outdoors. Downstairs, the basement expands the home's possibilities with a large family room and a separate unfinished workshop area, offering excellent space for hobbies, projects, storage, or future customization. Outside, you'll find a detached 2.5-car garage providing plenty of room for vehicles, equipment, or additional workspace, along with a separate storage shed. Major improvements include a new HVAC system and water heater, both replaced in 2026. This is a wonderful opportunity to purchase a solid, well-cared-for home with the character and construction of a classic brick rancher while still having plenty of room to make it your own. Additional opportunity: The seller also owns three vacant lots located directly behind the property. The purchaser of 16023 Colonial Rd. will be given the first opportunity to purchase these lots before they are offered for sale on the open market.
For sale
Price cut: $25K (9/8)
$350,000
16023 Colonial Rd, Milford, VA 22514
3beds
1,536sqft
Single Family Residence
Built in 1966
0.33 Acres Lot
$347,200 Zestimate®
$228/sqft
$-- HOA
What's special
Separate storage shedGenerous living spaceComposite deckScreened-in porchFormal dining roomFull basement
- 37 days
- 692
- 77
Zillow last checked:
Listing updated:
Listed by:
Philip Bissoon 804-690-1096,
LPT Realty, LLC 8773662213
Source: Bright MLS,MLS#: VACV2010824
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Flooring: Hardwood
- Basement: Full,Workshop
- Number of fireplaces: 2
Interior area
- Total structure area: 1,536
- Total interior livable area: 1,536 sqft
- Finished area above ground: 1,536
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Oversized, Detached, Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 0.33 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 56C359
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch/Rambler
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: On Site Septic
- Water: Public
Community & HOA
Community
- Subdivision: Milford
HOA
- Has HOA: No
Location
- Region: Milford
Financial & listing details
- Price per square foot: $228/sqft
- Tax assessed value: $314,360
- Annual tax amount: $1,824
- Date on market: 8/21/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$347,200
$330,000 - $365,000
$1,967/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Price change | $350,000-6.7%$228/sqft |
Source: | ||
| 8/21/2026 | Listed for sale | $375,000$244/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,635 -0.1% | $314,360 +49.8% |
| 2024 | $1,637 +1.3% | $209,899 |
| 2023 | $1,616 | $209,899 |
| 2022 | $1,616 | $209,899 |
| 2021 | $1,616 | $209,899 +16.3% |
| 2020 | -- | $180,536 |
| 2019 | -- | $180,536 +0% |
| 2018 | $1,498 | $180,500 |
| 2017 | -- | $180,500 |
| 2016 | -- | $180,500 +3.3% |
| 2015 | -- | $174,700 |
| 2014 | -- | $174,700 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 22514
Nearby schools
Schools provided by the listing agent
- Elementary: Bowling Green
- Middle: Caroline
- High: Caroline
- District: Caroline 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.






