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  • $894,500

    5194 N Blue Ridge Tpke, Madison, VA 22727

    4beds
    3,129sqft
    MultiFamily
    Built in 2014
    -- sqft lot
    $894,500 Zestimate®
    $286/sqft
    $2,700 Estimated rent

    Home value

    $894,500

    $832,000 - $966,000

    $2,700/mo

    Zestimate® history
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    $5,358/mo

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    $5,358/mo

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    What's special

    3,975sqft Unfinished Main House with 2,125/3,129sqft Finished Guest House and 264sqft unfinished apartment This home/compound sits atop a private 240ft mini mountain that has sunset views to the west and the mountains near Old Rag and White Oak Canyon. The 15 acres of land includes both open and hardwood; forested with many ancient large trees. Numerous trails and roads circumscribe the property accessing the natural blackberry and raspberry groves. Large flocks of wild turkey, deer, and bear are regularly seen crossing the land. At the foot of the mini mountain and across the road is one of the great trout fishing rivers of Virginia-the Robinson River. Also near the property are the Graves Mountain Lodge, the incredible waterfalls at White Oak Canyon, Old Rag Mountain as well as numerous wineries, breweries and distilleries. Several times a year, enjoy the live music shows, the fall festivals, apple picking, and fireworks at the nearby Graves Mountain Lodge. This property is truly a great seat from which to explore the bounty and beauty of the Blue Ridge Mountains and Shenandoah valley. This property was uniquely designed as a compound with one finished guesthouse as well as a large partially finished main house that is framed, sheathed and roofed. The new owners can finish this building as a home, winery, or brewery with nearly 200K in construction work already in place. Additionally, the numerous other outbuildings; such as an RV carport, chicken coops, sheds, and feed storage make this a prepper’s dream. An additional apartment space is in place and ready to be finished above the carport. The numerous south-facing slopes can be planted in berries or grapes if one wanted to start a winery. The high-flow well can surely be an asset no matter what water needs are in your future. Nearby AirB&B takes in nearly $22K per month with so many beautiful natural amenities in the area. The home is near the historic town of Madison VA as well as Flint Hill and Sperryville - all of which have incredible restaurants and attractions. The lower portion of the property sits directly at the intersection of Old Blue Ridge Tpk (670) and N Blue Ridge Tpk (231), and could become a tremendous location for a restaurant or other retail presence at the base of the property. Highspeed internet fiber runs along 231 and can be linked to the buildings. Cellular reception is very good - especially at the house site. The cellular connectivity provides another good link to the internet via a cellular router with wifi anywhere throughout the property.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Hardwood
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 3,129 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport, Garage - Attached
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 15 Acres
    Details
    • Parcel number: 305C

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Foundation: Concrete
    • Roof: Shake / Shingle
    Condition
    • Year built: 2014

    Community & HOA

    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $286/sqft
    • Tax assessed value: $865,900
    • Annual tax amount: $4,416

    Price history

    DateEventPrice
    8/7/2023Sold$825,000$264/sqft
    Source: Public Record Report a problem
    6/30/2023Pending sale$825,000$264/sqft
    Source: CAAR #639801 Report a problem
    5/3/2023Listed for sale$825,000$264/sqft
    Source: CAAR #639801 Report a problem
    4/18/2023Pending sale$825,000$264/sqft
    Source: CAAR #639801 Report a problem
    3/24/2023Listed for sale$825,000+18.7%$264/sqft
    Source: CAAR #639801 Report a problem
    11/21/2022Listing removed--
    Source: CAAR #636160 Report a problem
    10/28/2022Listed for sale$695,000+561.9%$222/sqft
    Source: CAAR #636160 Report a problem
    9/6/2013Sold$105,000$34/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,416 +8.9%$865,900 +58%
    2024$4,054 $547,900
    2023$4,054 $547,900
    2022$4,054 $547,900
    Find assessor info on the county website

    Neighborhood: 22727

    Nearby schools

    GreatSchools rating
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    $894,500
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    +$17,890
    With Zillow Showcase(estimated)
    $912,390