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Pending
  • $745,000

    242 Madison Mills Ln, Madison Mills, VA 22960

    4beds
    2,034sqft
    : 
    $4,532/mo
    Get pre-qualified
    Farm, Single Family Residence
    Built in 1920
    3.25 Acres Lot
    $701,800 Zestimate®
    $366/sqft
    $-- HOA

    What's special

    High ceilingsFour spacious bedroomsAbundant natural lightHardwood floors
    Step into timeless elegance with this beautifully renovated c.1920 country manor near the scenic Rapidan River. Overflowing with charm and character, this isn't just a home—it's an opportunity. Currently operating as a successful short-term rental, this stunning property is ideally located just minutes from Woodberry Forest School, James Madison's Montpelier, local breweries and wineries, and the breathtaking Skyline Drive. With four spacious bedrooms, three full baths, and a large eat-in kitchen with brand-new appliances, this residence combines historic elegance with modern convenience. Hardwood floors, high ceilings, and abundant natural light enhance the beauty of every room. The historic T.O. Gillum Country Store, c.1890, is included in the sale, brimming with potential. Whether you envision a boutique business, a creative studio, or a personal retreat, this space invites your imagination to take the lead. The seller will entertain selling the house without the store. Live, work, and play—all on one remarkable piece of history. This unique property is being sold, unfurnished, as-is and is ready for its next chapter.
    181 days
    |
    44
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    DONNA WAUGH-ROBINSON 540-661-2263,

    CORCORAN WILEY-ORANGE 540-672-3903,

    JOHN FAULCONER 540-661-7923,

    CORCORAN WILEY-ORANGE

    Source: CAAR,MLS#: 672848MLS LogoOriginating MLS: Charlottesville Area Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Bathroom, Bedroom, Eat-in Kitchen, Full Bath, Foyer, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Mud Room
      Primary bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: First
      Primary bathroom
      • Level: Second
      Bathroom
      • Level: First
      Bathroom
      • Level: Second
      Foyer
      • Level: First
      Kitchen
      • Level: First
      Laundry
      • Level: First
      Living room
      • Level: First
      Mud room
      • Level: First
      Other
      • Level: Basement
      Heating
      • Dual System, Electric
      Cooling
      • Ductless
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Dryer, Washer
      • Laundry: Stacked
      Features
      • Remodeled, Entrance Foyer, Eat-in Kitchen, High Ceilings, Mud Room
      • Flooring: Hardwood
      • Basement: Crawl Space,Exterior Entry,Interior Entry,Partial
      Interior area
      • Total structure area: 2,911
      • Total interior livable area: 2,034 sqft
      • Finished area above ground: 2,034
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Detached, Garage, Gravel, Off Street
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Front Porch, Patio, Porch
      • Pool features: None
      Lot
      • Size: 3.25 Acres
      • Features: Garden, Open Lot
      Details
      • Additional structures: Other, Workshop
      • Parcel number: 66 5
      • Zoning description: A-1 Agricultural

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Farmhouse,Traditional
      • Property subtype: Farm, Single Family Residence
      Materials
      • Stick Built, Wood Siding
      • Foundation: Block
      • Roof: Composition,Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private, Well
      • Utilities for property: Cable Available, Fiber Optic Available, Other, Satellite Internet Available

      Community & HOA

      Community
      • Subdivision: NONE
      HOA
      • Has HOA: No
      Location
      • Region: Madison Mills

      Financial & listing details

      • Price per square foot: $366/sqft
      • Tax assessed value: $253,700
      • Annual tax amount: $2,243
      • Date on market: 1/28/2026
      • Cumulative days on market: 93 days

        Estimated market value

        $701,800

        $667,000 - $737,000

        $3,166/mo

        Price history

        DateEventPrice
        4/30/2026Pending sale$745,000$366/sqft
        Source: CAAR #672848 Report a problem
        1/28/2026Listed for sale$745,000$366/sqft
        Source: CAAR #672848 Report a problem
        1/1/2026Listing removed$745,000$366/sqft
        Source: Bright MLS #VAMA2002160 Report a problem
        5/28/2025Price change$745,000-9.7%$366/sqft
        Source: Bright MLS #VAMA2002160 Report a problem
        4/4/2025Listed for sale$825,000+132.4%$406/sqft
        Source: Bright MLS #VAMA2002160 Report a problem
        3/27/2025Listing removed$355,000+9.9%$175/sqft
        Source: CAAR #VAMA2000011 Report a problem
        6/10/2024Listing removed--
        Source: Zillow Rentals Report a problem
        5/1/2024Listed for rent$3,500$2/sqft
        Source: Zillow Rentals Report a problem
        4/13/2022Sold$323,000-9%$159/sqft
        Source: Bright MLS #VAMA2000011 Report a problem
        3/14/2022Pending sale$355,000$175/sqft
        Source: Bright MLS #VAMA2000011 Report a problem
        3/2/2022Price change$355,000-8.7%$175/sqft
        Source: Bright MLS #VAMA2000011 Report a problem
        2/3/2022Listed for sale$389,000$191/sqft
        Source: Bright MLS #VAMA2000011 Report a problem
        1/17/2022Pending sale$389,000$191/sqft
        Source: Bright MLS #VAMA2000011 Report a problem
        12/15/2021Listed for sale$389,000$191/sqft
        Source: Bright MLS #VAMA2000011 Report a problem
        12/5/2021Pending sale$389,000$191/sqft
        Source: CAAR #623235 Report a problem
        11/1/2021Listed for sale$389,000$191/sqft
        Source: Bright MLS #VAMA2000011 Report a problem
        10/19/2021Pending sale$389,000$191/sqft
        Source: Bright MLS #VAMA2000011 Report a problem
        10/13/2021Listed for sale$389,000$191/sqft
        Source: Bright MLS #VAMA2000011 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,877 +42.1%$253,700 +42.1%
        2023$1,321 -7.5%$178,500 -7.5%
        2022$1,427 +4.2%$192,900
        2021$1,370 $192,900
        2020$1,370 $192,900 +3.2%
        2018-- $186,900
        2017-- $186,900
        2016-- $186,900
        2015-- $186,900
        2014-- $186,900
        2013-- $186,900 -23.2%
        2012-- $243,500
        2011-- $243,500
        2010-- $243,500
        2009-- --
        2008-- --
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- --
        2001-- --
        2000-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 22960

        Getting around

        0 / 100
        Car-Dependent
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Waverly
        • Middle: William Wetsel
        • High: Madison (Madison)

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

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