285 Wallace Gap Ln

Madison, VA
$ 2,950,000 Beds 5 Baths 3.5 Sq 3,138
Monthly Estimate* How much can I afford?

400-acre country estate hidden amidst a lovely pastoral valley nestled in the Blue Ridge Mountains. Complete turn-key opportunity w/ all furnishings and fantastic farm equipment included. Excellent location offering privacy, stunning views, & convenience to Rt. 29, close to Charlottesville & Washington, DC. The farmhouse, filled w/ character & charm, has been completely remodeled, enlarged & renovated by current owners w/ all up-to-date systems, appliances & fixtures. A warm, inviting & comfortable home with all systems working. The farm is rich in history & well maintained w/ top-notch infrastructure. The land is divided into 5-6 large hay fields & pastures w/ water on every part of the farm, 3 acre lake, large workshop & fully fenced.

Farm

  • Price
  • $ 2,950,000
  • Lot Size
  • 400 Acres
  • Bedrooms
  • 5
  • Sqr Footage
  • 3,138
  • Full Bathrooms
  • 3
  • Year Built
  • 1899
  • Half Bathrooms
  • 1
  • City, Zip
  • Madison
  • Taxes
  • 1
  • County
  • MADISON
  • Style
  • Farm House
  • Area
  • Madison
  • MLS#
  • 602942
  • Zip
  • 22727
Listing Provided by: FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY

Features

General

Animal Cows
Bathrooms 3.5
Beds 5
Class RESIDENTIAL
Cooling Heat Pump
Elementary School Waverly
Farm Features Equipment Bldg, Paddock, Silo
Fireplaces Brick, Stone, Three or More
Garage Yes
Green Features No
HOA No
Heating Baseboard, Central Heat, Dual Fuel, Forced Air, Heat Pump, Hot Water
High School Madison (Madison)
Laundry Dryer, Large Sink, Washer
Legal Description Tax Map 36-11A, 45-4, 45-4A
Listing Area Madison
Middle School Wetsel
New Construction No
Price Per Sq Ft 940.09
Roof Metal - Tin
Short Sale No
Status Active
Status Active
Stories 2 Story
Structure-features Central Vacuum, MBr Sitting Area, Renovated, Skylights, Walk-in Closet, Walk-up attic , Water Conditioner, Whole House Generator
Structure-security Security System, Smoke Detector(s)
Style Farm House
Subdivision NONE
Tax Year 2015
Taxes 1
Type Farm
View Adjoins Natl Forest, Blue Ridge View, Mountain View, Panoramic View, Pastoral View, Wooded View
Water Individual Well
Year Built 1899
Zoning A-1 Agricultural

Interior Features

Above Grade Finished 3138
Above Grade Total Sq. Ft. 3138
Basement Unfinished
Basement Yes
Below Grade Total Sq. Ft. 1366
Below Grade Unfinished 1366
Fireplace Location Bedroom, Dining Room, Family Room, Living Room, Master Bedroom
Full Baths 3
Half Baths 1
Kitchen Appliances/feat Breakfast Bar, Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Trash Compactor
Kitchen Cabinets/counters Maple Cabinets, Wood Cabinets
Master Bath On Main Level Yes
Master Bed On Main Level Yes
Structure-floors Hardwood, Pine
Total Finished Sq. Ft. 3138
Total Sq. Ft. 4504
Total Unfinished Sq. Ft. 1366

Exterior Features

Foundation Poured Concrete, Stone
Garage # Cars 2
Garage Features Auto Door, Electricity, Faces Side, Heated, Windows
Land Description Bottomland, Elevated, Farm, Garden Spot, Gently Rolling, Hot Tub  , Landscape Lighting, Landscaped, Nearly Level, Open, Partly Cleared, Partly Wooded, Private, Secluded Lot, Wooded
Lot Description Easement, Fenced Fully, Garden Space, Irrigation Available, Private Road, Storage Shed
Lot Size Area 400
Sewer/Septic Septic Tank
Structure-deck/porch Patio, Patio - Covered, Porch - Front, Porch - Rear, Porch - Screened, Porch - Side
Structure-window/ceiling 10' Ceilings, 9' Ceilings, Casement Windows, Vaulted/Cathedral Ceiling
Waterfront Pond / Lake, Spring, Stream / Creek

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Harrisonburg, VA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Waverly Elementary School
Middle School Wetsel Middle School
High School Madison (Madison) High School

Price History

4/24/2020 Listed $2,950,000

Property vs Zip Code Average in 22727

Price
AVG $2.02M
$2.95M
Visits
AVG 155
45
Year Built
AVG 1976
1899

Map

Areas That We Cover

285 Wallace Gap Ln Madison, VA is a Single Family Home for sale at $2950000 with 3138 sqft and a lot size of 400 Acres Acre(s). 285 Wallace Gap Ln Madison has 5 bedrooms, 3 baths and was built in 1899. The property's zip code is 22727 which is in Madison, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.