Seller accepted a sight unseen offer and this property is fully under contract. Exceptional lakefront living on 3 private acres in Madison County, offering breathtaking water views and effortless one-level living. This beautifully updated 3-bedroom, 2-bath home showcases a light-filled open floor plan with vaulted ceilings, gleaming hardwood floors, and expansive windows designed to frame the lake from nearly every room. The upgraded kitchen features quartz countertops, abundant cabinetry, and a spacious eat-in area, seamlessly connecting to a dedicated dining space ideal for entertaining. The oversized primary suite serves as a private retreat with serene water views that create a true sense of escape. Outdoor living is equally impressive with a multi-tiered wraparound deck perfectly positioned to take in the tranquil waterfront setting. A paved circular driveway, carport, and a detached heated and cooled office or studio provide added convenience and flexibility for remote work, guests, or creative use. Located in the sought-after Malvern of Madison community, residents enjoy access to a private lake, pool, clubhouse, and playground, along with Comcast high-speed internet availability. A rare opportunity to own a private, move-in ready lakefront property with acreage, combining peaceful country living with modern comfort and convenience. Some photos have been virtually enhanced, More info and additional photos coming soon.
Sold for $490,000
$490,000
65 Chestnut Rail Ln, Madison, VA 22727
3beds
2,376sqft
Single Family Residence
Built in 1990
3.04 Acres Lot
$493,900 Zestimate®
$206/sqft
$2,453 Estimated rent
Home value
$493,900
Estimated sales range
Not available
$2,453/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Dianna Banks 540-729-6661,
RE/MAX Gateway
Bought with:
Vivian Sheaffer, 0225054616
Samson Properties
Source: Bright MLS,MLS#: VAMA2002670
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Primary bathroom
- Level: Main
Dining room
- Level: Main
Family room
- Level: Main
Foyer
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Heating
- Heat Pump, Electric
Cooling
- Heat Pump, Electric
Appliances
- Included: Microwave, Dishwasher, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Trash Compactor, Washer, Electric Water Heater
- Laundry: Main Level, Laundry Room
Features
- Combination Kitchen/Dining, Combination Dining/Living, Entry Level Bedroom, Family Room Off Kitchen, Open Floorplan, Eat-in Kitchen, Primary Bath(s), Walk-In Closet(s)
- Flooring: Wood
- Windows: Window Treatments
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,376
- Total interior livable area: 2,376 sqft
- Finished area above ground: 2,376
- Finished area below ground: 0
Property
Parking
- Total spaces: 7
- Parking features: Detached Carport, Driveway
- Carport spaces: 1
- Uncovered spaces: 6
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Flood Lights, Play Area
- Pool features: Community
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Boat - Electric Motor Only, Boat - Length Limit, Canoe/Kayak, Fishing Allowed, Lake
- Frontage length: Water Frontage Ft: 335
Lot
- Size: 3.04 Acres
- Features: Open Lot, Sloped
Details
- Additional structures: Above Grade, Below Grade, Outbuilding
- Parcel number: 49 2 42
- Zoning: A1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch/Rambler
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Crawl Space, Block
Condition
- New construction: No
- Year built: 1990
- Major remodel year: 2022
Utilities & green energy
- Sewer: On Site Septic
- Water: Well
Community & neighborhood
Location
- Region: Madison
- Subdivision: Malvern Of Madison
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $575 annually
- Amenities included: Clubhouse, Tot Lots/Playground, Pool, Water/Lake Privileges
- Association name: MALVERN OF MADISON
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan,USDA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Sold | $490,000+3.2%$206/sqft |
Source:  Bright MLS #VAMA2002670 Report a problem | ||
| 4/7/2026 | Pending sale | $475,000+1.1%$200/sqft |
Source: Bright MLS #VAMA2002670 Report a problem | ||
| 1/8/2024 | Listing removed | -- |
Source: Bright MLS #VAMA2001414 Report a problem | ||
| 11/30/2023 | Listed for sale | $470,000+68.5%$198/sqft |
Source: Bright MLS #VAMA2001414 Report a problem | ||
| 5/11/2018 | Sold | $279,000-6.7%$117/sqft |
Source: Public Record Report a problem | ||
| 5/3/2018 | Pending sale | $299,000$126/sqft |
Source: RE/MAX NEW HORIZONS #1000076173 Report a problem | ||
| 4/27/2018 | Listed for sale | $299,000$126/sqft |
Source: Re/Max New Horizons #1000076173 Report a problem | ||
| 4/27/2018 | Pending sale | $299,000$126/sqft |
Source: Re/Max New Horizons #1000076173 Report a problem | ||
| 3/30/2018 | Price change | $299,000-3.2%$126/sqft |
Source: RE/MAX NEW HORIZONS #562059 Report a problem | ||
| 12/15/2017 | Listed for sale | $309,000$130/sqft |
Source: RE/MAX NEW HORIZONS #562059 Report a problem | ||
| 12/15/2017 | Pending sale | $309,000$130/sqft |
Source: RE/MAX NEW HORIZONS #562059 Report a problem | ||
| 12/12/2017 | Pending sale | $309,000$130/sqft |
Source: RE/MAX NEW HORIZONS #1000076173 Report a problem | ||
| 11/6/2017 | Price change | $309,000-8.8%$130/sqft |
Source: RE/MAX NEW HORIZONS #562059 Report a problem | ||
| 9/3/2017 | Price change | $339,000-2.9%$143/sqft |
Source: RE/MAX NEW HORIZONS #562059 Report a problem | ||
| 8/4/2017 | Price change | $349,000-2.8%$147/sqft |
Source: RE/MAX NEW HORIZONS #562059 Report a problem | ||
| 5/18/2017 | Listed for sale | $359,000$151/sqft |
Source: RE/MAX NEW HORIZONS #562059 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,229 | $301,200 |
| 2023 | $2,229 +1.9% | $301,200 +1.9% |
| 2022 | $2,187 +5.5% | $295,600 +1.3% |
| 2021 | $2,072 | $291,900 |
| 2020 | $2,072 | $291,900 +19.2% |
| 2018 | -- | $244,900 |
| 2017 | -- | $244,900 |
| 2016 | -- | $244,900 |
| 2015 | -- | $244,900 |
| 2014 | -- | $244,900 |
| 2013 | -- | $244,900 -24.5% |
| 2012 | -- | $324,300 |
| 2011 | -- | $324,300 |
| 2010 | -- | $324,300 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Neighborhood: 22727
Nearby schools
GreatSchools rating
- 4/10Waverly Yowell Elementary SchoolGrades: 3-5Distance: 1.8 mi
- 4/10William H. Wetsel Middle SchoolGrades: 6-8Distance: 2.5 mi
- 6/10Madison County High SchoolGrades: 9-12Distance: 2.5 mi
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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- Virginia
- Madison County
- Madison
- 22727
- 65 Chestnut Rail Ln
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