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For sale
    • $875,000

    202 Innovation Ln, Madison, VA 22727

    4beds
    4,497sqft
    : 
    $5,607/mo
    Get pre-qualified
    Single Family Residence
    Built in 2007
    3.86 Acres Lot
    $-- Zestimate®
    $195/sqft
    $-- HOA

    What's special

    Generous room sizesFully finished lower levelPrivate retreatSparkling in-ground poolTimeless curb appealWell-appointed floor planOver-sized living spaces
    Welcome home to this stunning brick, stone, and vinyl sided Colonial nestled on 3.86 picturesque acres in the heart of Madison County. Offering over-sized living spaces, timeless curb appeal, and endless possibilities, this exceptional property is the perfect blend of elegance, comfort, and country living. Inside, you'll find four spacious bedrooms and three full baths, with generous room sizes designed for both everyday living and entertaining. The well-appointed floor plan provides flexibility for today's lifestyle, while the fully finished lower level features a second kitchen—ideal for multi-generational living, extended guests, entertaining, or creating the ultimate recreation space. Step outside to your own private retreat where the sparkling in-ground pool invites you to relax, unwind, and enjoy warm Virginia summers. The expansive acreage offers plenty of room for gardening, recreation, or simply taking in the peaceful surroundings. Best of all, there's no HOA, giving you the freedom to enjoy your property your way while still being conveniently located to Madison, Culpeper, Charlottesville, and the Blue Ridge Mountains. If you've been searching for space, privacy, and a home designed for making lasting memories, this exceptional Colonial is one you won't want to miss!
    70 days
    546
    39

    Zillow last checked:

    Listing updated:

    Listed by:

    Brenda Payne 540-270-1795,

    Long & Foster Real Estate, Inc. 540-349-1400

    Source: Bright MLS,MLS#: VAMA2002874MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Rooms
      • Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Other, Office, Storage Room, Bathroom 1, Primary Bathroom, Half Bath
      Primary bedroom
      • Features: Flooring - HardWood, Walk-In Closet(s)
      • Level: Main
      • Area: 270 Square Feet
      • Dimensions: 15 X 18
      Bedroom 1
      • Features: Flooring - Carpet, Ceiling Fan(s)
      • Level: Upper
      • Area: 225 Square Feet
      • Dimensions: 15 X 15
      Bedroom 2
      • Features: Flooring - Carpet, Ceiling Fan(s)
      • Level: Upper
      • Area: 224 Square Feet
      • Dimensions: 16 X 14
      Bedroom 3
      • Features: Flooring - Carpet, Ceiling Fan(s)
      • Level: Upper
      • Area: 195 Square Feet
      • Dimensions: 13 X 15
      Primary bathroom
      • Features: Countertop(s) - Solid Surface, Double Sink, Flooring - Luxury Vinyl Plank
      • Level: Main
      • Area: 140 Square Feet
      • Dimensions: 10 X 14
      Bathroom 1
      • Features: Countertop(s) - Solid Surface, Double Sink, Flooring - Vinyl, Jack and Jill Bathroom
      • Level: Upper
      • Area: 102 Square Feet
      • Dimensions: 6 X 17
      Bathroom 1
      • Features: Flooring - Vinyl, Bathroom - Tub Shower
      • Level: Lower
      Dining room
      • Features: Flooring - HardWood
      • Level: Main
      • Area: 224 Square Feet
      • Dimensions: 14 X 16
      Family room
      • Features: Ceiling Fan(s), Flooring - Vinyl
      • Level: Lower
      • Area: 476 Square Feet
      • Dimensions: 17 X 28
      Half bath
      • Level: Main
      Kitchen
      • Features: Flooring - HardWood, Built-in Features, Granite Counters, Kitchen - Propane Cooking, Lighting - Pendants, Pantry, Breakfast Nook
      • Level: Main
      • Area: 288 Square Feet
      • Dimensions: 12 X 24
      Kitchen
      • Features: Flooring - Vinyl, Eat-in Kitchen
      • Level: Lower
      • Area: 182 Square Feet
      • Dimensions: 13 X 14
      Laundry
      • Features: Flooring - Vinyl
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 12 X 14
      Living room
      • Features: Fireplace - Gas, Flooring - HardWood, Lighting - Ceiling
      • Level: Main
      • Area: 360 Square Feet
      • Dimensions: 18 X 20
      Office
      • Features: Built-in Features, Flooring - HardWood
      • Level: Main
      • Area: 196 Square Feet
      • Dimensions: 14 X 14
      Other
      • Features: Flooring - HardWood, Pantry, Built-in Features
      • Level: Main
      • Area: 40 Square Feet
      • Dimensions: 5 X 8
      Other
      • Features: Built-in Features, Flooring - HardWood
      • Level: Main
      • Area: 112 Square Feet
      • Dimensions: 8 X 14
      Other
      • Features: Attached Bathroom, Flooring - Vinyl
      • Level: Lower
      • Area: 220 Square Feet
      • Dimensions: 11 X 20
      Storage room
      • Level: Lower
      • Area: 420 Square Feet
      • Dimensions: 15 X 28
      Heating
      • Central, Propane
      Cooling
      • Ceiling Fan(s), Central Air, Electric
      Appliances
      • Included: Dishwasher, ENERGY STAR Qualified Refrigerator, Microwave, Oven/Range - Gas, Cooktop, Down Draft, Dryer, Oven/Range - Electric, Refrigerator, Washer, Tankless Water Heater, Water Heater
      • Laundry: Main Level, In Basement, Laundry Room
      Features
      • Breakfast Area, Family Room Off Kitchen, Primary Bath(s), Entry Level Bedroom, Upgraded Countertops, Open Floorplan, 2nd Kitchen, Built-in Features, Ceiling Fan(s), Dining Area, Kitchen - Gourmet, Kitchen Island, Pantry, Bathroom - Tub Shower, Walk-In Closet(s), Bathroom - Stall Shower, Formal/Separate Dining Room, Kitchen - Table Space, Store/Office, Bar, Dry Wall, 9'+ Ceilings
      • Flooring: Hardwood, Vinyl, Carpet, Wood
      • Doors: Insulated, Six Panel
      • Windows: Double Pane Windows, Insulated Windows, Vinyl Clad
      • Basement: Connecting Stairway,Rear Entrance,Sump Pump,Full,Walk-Out Access,Partial,Partially Finished,Windows,Workshop,Exterior Entry
      • Number of fireplaces: 1
      • Fireplace features: Glass Doors, Stone
      Interior area
      • Total structure area: 5,238
      • Total interior livable area: 4,497 sqft
      • Finished area above ground: 3,297
      • Finished area below ground: 1,200
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Door Opener, Asphalt, Attached
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      • Details: Garage Sqft: 625
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Three
      • Stories: 3
      • Has private pool: Yes
      • Pool features: Private
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 3.86 Acres
      • Features: Backs to Trees, Front Yard, Landscaped, Level, Open Lot, Rear Yard, Rural, Stream/Creek
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 40 79K
      • Zoning: A1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial,Traditional
      • Property subtype: Single Family Residence
      Materials
      • Combination, Brick, Stone, Vinyl Siding
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • Excellent
      • New construction: No
      • Year built: 2007
      Details
      • Builder name: GRAYSTONE HOMES, INC

      Utilities & green energy

      • Sewer: Septic Exists, On Site Septic
      • Water: Well
      • Utilities for property: Cable Connected, Propane, Underground Utilities, Cable

      Community & HOA

      Community
      • Subdivision: Carpenter's Ridge
      HOA
      • Has HOA: No
      Location
      • Region: Madison

      Financial & listing details

      • Price per square foot: $195/sqft
      • Tax assessed value: $917,500
      • Annual tax amount: $3,856
      • Date on market: 7/20/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/20/2026Listed for sale$875,000+5.2%$195/sqft
        Source: Bright MLS #VAMA2002874 Report a problem
        6/27/2024Sold$831,550+3.9%$185/sqft
        Source: Bright MLS #VAMA2001620 Report a problem
        6/23/2024Pending sale$800,000$178/sqft
        Source: Bright MLS #VAMA2001620 Report a problem
        5/27/2024Contingent$800,000$178/sqft
        Source: Bright MLS #VAMA2001620 Report a problem
        5/20/2024Listed for sale$800,000+471.8%$178/sqft
        Source: Bright MLS #VAMA2001620 Report a problem
        11/7/2007Sold$139,900$31/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,679 +21.3%$917,500 +76.1%
        2024$3,856 $521,100
        2023$3,856 $521,100
        2022$3,856 +4.2%$521,100
        2021$3,700 $521,100
        2020$3,700 $521,100 +14.4%
        2018-- $455,500
        2017-- $455,500
        2016-- $455,500
        2015-- $455,500
        2014-- $455,500
        2013-- $455,500 -21.3%
        2012-- $579,100 +2.8%
        2011-- $563,600
        2010-- $563,600
        2009-- --
        2008-- --
        2006-- --
        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.
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        Climate risks

        Neighborhood: 22727

        Getting around

        10 / 100
        Car-Dependent
        5 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Waverly Yowell
        • Middle: William H. Wetsel
        • High: Madison County
        • 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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