Skip main navigation
Sold for $1,200,000
  • $1,200,000

    22031 Milky Way, Elkwood, VA 22718

    --beds
    --baths
    241.96Acres
    Unimproved Land
    Built in ----
    241.96 Acres Lot
    $943,400 Zestimate®
    $--/sqft
    $2,653 Estimated rent

    Home value

    $943,400

    $660,000 - $1.32M

    $2,653/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,653/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,653/mo

    Rent Zestimate®

    Refinance and save

    $6,970/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $6,970/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Mountain Valley Farm is a beautiful 242-acre farm with softly rolling fields located around 8 miles east of the Town of Culpeper off Carrico Mill Rd. The property is bounded by trees on every side, with 1.3 miles of stream frontage on Mountain Run for your recreational enjoyment. An existing farmhouse is perfectly situated on top of a knoll overlooking the farm, offering a panoramic view that encompasses five counties! The surrounding area was the scene of a notable Civil War battle and will appeal to history buffs and nature lovers alike. Hunters will appreciate the natural populations of white-tailed deer, turkey, dove, and coyotes. The property was recently in use as a dairy farm, and has been used for farming and dairying since the area was settled in the late 18th century. Some farm buildings still exist from when Mountain Valley Farm was more fully utilized, but which are no longer being used or maintained. These include a dairy barn (which had a herringbone milking parlor with ten units and a 2,000 gal Mueller tank) with holding pen and a 110’ x 170’ stall-free barn that was built in 2007. Additional structures include a 40’ x 90’ machinery shed and 101’ x 10’ Slurrystore manure structure. A conservation easement is in place through the Department of Historic Resources intended to preserve the rural beauty and historical significance of the farm while still allowing improvement and modernization. Owners may reconstruct one single-family home (up to 4,500 SF above ground) at the site of the current farmhouse, plus one tenant home (up to 3,500 SF above ground) and associated smaller buildings (like detached garages, sheds, gazebos, or a pool house). A swimming pool or tennis/sport court, and a parking pad are allowed, along with a wide variety of agricultural and farm-related buildings and structures. Commercial uses are also allowed as long as they are performed inside/within the structures. The property may not be subdivided; it is being sold as, and must remain, one parcel. Please refer to the full terms of the conservation easement in the offering memorandum to determine what can or cannot be built on the property. Mountain Valley Farm occupies a convenient location near Route 15 and Route 3 with easy access to Culpeper, Bealeton, Warrenton, and Fredericksburg.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen Karbelk 571-481-1037,

    CENTURY 21 New Millennium,

    Co-Listing Agent: Stephanie A Young 571-223-9775,

    CENTURY 21 New Millennium

    Bought with:

    Karen Ingram, 0225074300

    Piedmont Fine Properties

    Source: Bright MLS,MLS#: VACU2006646MLS Logo

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Creek/Stream, Mountain(s), Panoramic, Pasture, Scenic Vista, Trees/Woods
    • Has water view: Yes
    • Water view: Creek/Stream
    • Frontage type: Road Frontage
    Lot
    • Size: 241.96 Acres
    • Features: Backs to Trees, Not In Development, Open Lot, Wooded, Stream/Creek, Rural
    Details
    • Parcel number: 44 42A
    • Zoning: A1
    • Special conditions: Standard
    • Horses can be raised: Yes
    • Horse amenities: Horses Allowed

    Utilities & green energy

    • Sewer: Septic Exists
    • Water: Well

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Elkwood

    Financial & listing details

    • Tax assessed value: $454,400
    • Annual tax amount: $2,499
    • Date on market: 12/7/2023
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/30/2024Sold$1,200,000-33.3%
    Source: Bright MLS #VACU2006646 Report a problem
    1/26/2024Pending sale$1,800,000
    Source: Bright MLS #VACU2006646 Report a problem
    12/7/2023Listed for sale$1,800,000+135.3%
    Source: Bright MLS #VACU2006646 Report a problem
    4/25/2018Sold$765,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,748 -31.4%$372,000 -32.9%
    2023$2,550 +2%$554,400 +22%
    2022$2,499 $454,400
    2021$2,499 $454,400 +11.1%
    2020-- $409,100
    2019-- $409,100 +10.4%
    2018-- $370,500
    2017$2,565 $370,500 +5.4%
    2016$2,565 $351,400
    2015$2,565 $351,400
    Find assessor info on the county website

    Neighborhood: 22718

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Culpeper 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.