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  • Price cut: $150K (9/17)
    $1,950,000

    551 Old Home Place Ln, Reva, VA 22735

    3beds
    1,616sqft
    : 
    $11,274/mo
    Get pre-qualified
    Farm
    Built in 2017
    73.79 Acres Lot
    $1,974,500 Zestimate®
    $1,207/sqft
    $-- HOA

    What's special

    Situated west of Route 29 in northern Madison County, with 73 acres of pasture and woods, is part of the Old Home Place Farm tract, having a modern 3BR ranch home and a 4,000 sq.ft. multi-purpose building that could be converted to another residence. There are spectacular Blue Ridge Mountain views from the home, and another potential building site. The open land is mostly fenced, primarily gently rolling, and is currently used for grazing cattle. The setting is private, and quiet, but very convenient to major roads, and to Culpeper and Washington DC to the north, and to the County Seat of Madison and Charlottesville to the south. This farm could be an excellent retreat, being less than 2 hours to DC, or a great permanent home and farm in a superb location.
    72 days
    331
    10

    Zillow last checked:

    Listing updated:

    Listed by:

    JIM FAULCONER 434-981-0076,

    MCLEAN FAULCONER INC., REALTOR 434-295-1131,

    WILL FAULCONER 434-987-9455,

    MCLEAN FAULCONER INC., REALTOR

    Source: CAAR,MLS#: 679310MLS LogoOriginating MLS: Charlottesville Area Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Rooms
      • Room types: Bathroom, Bedroom, Family Room, Full Bath, Great Room, Kitchen
      Primary bedroom
      • Level: First
      Bedroom
      • Level: First
      Primary bathroom
      • Level: First
      Bathroom
      • Level: First
      Bathroom
      • Level: Basement
      Family room
      • Level: First
      Great room
      • Level: First
      Kitchen
      • Level: First
      Heating
      • Natural Gas, Radiant
      Cooling
      • Ductless
      Appliances
      • Included: Dishwasher, Electric Range, Refrigerator
      • Laundry: Washer Hookup, Dryer Hookup
      Features
      • Primary Downstairs
      • Flooring: Carpet, Vinyl
      • Basement: Exterior Entry,Full,Interior Entry,Unfinished,Walk-Out Access
      Interior area
      • Total structure area: 7,232
      • Total interior livable area: 1,616 sqft
      • Finished area above ground: 1,616
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Detached, Garage
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Rear Porch, Deck, Front Porch, Porch, Side Porch, Wood
      • Exterior features: Fence
      • Fencing: Partial
      • Has view: Yes
      • View description: Mountain(s), Panoramic, Rural
      Lot
      • Size: 73.79 Acres
      • Features: Open Lot, Partially Cleared, Wooded
      • Topography: Rolling
      Details
      • Parcel number: 3216A
      • Zoning description: AG Agricultural

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Farm
      Materials
      • Stick Built
      • Foundation: Poured
      • Roof: Composition,Shingle
      Condition
      • New construction: No
      • Year built: 2017

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private, Well
      • Utilities for property: Other

      Community & HOA

      Community
      • Features: Stream
      • Subdivision: NONE
      HOA
      • Has HOA: No
      Location
      • Region: Reva

      Financial & listing details

      • Price per square foot: $1,207/sqft
      • Tax assessed value: $687,700
      • Annual tax amount: $5,606
      • Date on market: 7/8/2026
      • Cumulative days on market: 73 days

        Estimated market value

        $1,974,500

        $1.88M - $2.07M

        $3,037/mo

        Price history

        DateEventPrice
        9/17/2026Price change$1,950,000-7.1%$1,207/sqft
        Source: CAAR #679310 Report a problem
        7/8/2026Listed for sale$2,100,000+337.5%$1,300/sqft
        Source: CAAR #679310 Report a problem
        3/20/2015Sold$480,000$297/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,501 -33.4%$687,700 +35.5%
        2024$3,757 $507,700
        2023$3,757 $507,700
        2022$3,757 +4.2%$507,700
        2021$3,605 $507,700
        2020$3,605 $507,700 +40.4%
        2018-- $361,600 +10.2%
        2017-- $328,100 +38.1%
        2016-- $237,600
        2015-- $237,600 +125.2%
        2014-- $105,500
        2013-- $105,500 -23.8%
        2012-- $138,400 -15.6%
        2011-- $164,000
        2010-- $164,000
        2009-- --
        2008-- --
        2006-- --
        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.
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        Climate risks

        Neighborhood: 22735

        Getting around

        0 / 100
        Car-Dependent
        2 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Madison Primary
        • 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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