202 Innovation Ln Madison, VA 22727
Estimated payment $5,047/month
Highlights
- Second Kitchen
- Eat-In Gourmet Kitchen
- Open Floorplan
- Private Pool
- View of Trees or Woods
- Colonial Architecture
About This Home
Welcome home to this stunning brick, stone, and vinyl sided Colonial nestled on 3.86 picturesque acres in the heart of Madison County. Offering over-sized living spaces, timeless curb appeal, and endless possibilities, this exceptional property is the perfect blend of elegance, comfort, and country living. Inside, you'll find four spacious bedrooms and three full baths, with generous room sizes designed for both everyday living and entertaining. The well-appointed floor plan provides flexibility for today's lifestyle, while the fully finished lower level features a second kitchen—ideal for multi-generational living, extended guests, entertaining, or creating the ultimate recreation space. Step outside to your own private retreat where the sparkling in-ground pool invites you to relax, unwind, and enjoy warm Virginia summers. The expansive acreage offers plenty of room for gardening, recreation, or simply taking in the peaceful surroundings. Best of all, there's no HOA, giving you the freedom to enjoy your property your way while still being conveniently located to Madison, Culpeper, Charlottesville, and the Blue Ridge Mountains. If you've been searching for space, privacy, and a home designed for making lasting memories, this exceptional Colonial is one you won't want to miss!
Listing Agent
(540) 349-1400 Brenda.Payne@LNF.com Long & Foster Real Estate, Inc. Brokerage Phone: 5403491400 License #0225019726
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,856
Year Built
- Built in 2007
Lot Details
- 3.86 Acre Lot
- Rural Setting
- Landscaped
- Level Lot
- Open Lot
- Backs to Trees or Woods
- Back and Front Yard
- Property is in excellent condition
- Property is zoned A1
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Traditional Architecture
- Brick Exterior Construction
- Shingle Roof
- Stone Siding
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Wet Bar
- Built-In Features
- Ceiling height of 9 feet or more
- Ceiling Fan
- Fireplace With Glass Doors
- Stone Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Insulated Windows
- Insulated Doors
- Six Panel Doors
- Family Room Off Kitchen
- Living Room
- Formal Dining Room
- Home Office
- Storage Room
- Views of Woods
Kitchen
- Eat-In Gourmet Kitchen
- Second Kitchen
- Breakfast Area or Nook
- Gas Oven or Range
- Down Draft Cooktop
- Built-In Microwave
- ENERGY STAR Qualified Refrigerator
- Dishwasher
- Kitchen Island
- Upgraded Countertops
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Electric Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Connecting Stairway
- Rear Basement Entry
- Sump Pump
- Workshop
- Laundry in Basement
- Basement Windows
Pool
- Private Pool
- Pool Equipment Shed
Outdoor Features
- Stream or River on Lot
- Shed
Schools
- Waverly Yowell Elementary School
- William H. Wetsel Middle School
- Madison County High School
Utilities
- Central Heating and Cooling System
- Heating System Powered By Leased Propane
- Underground Utilities
- Well
- Tankless Water Heater
- Propane Water Heater
- Septic Equal To The Number Of Bedrooms
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- Built by GRAYSTONE HOMES, INC
- Carpenter's Ridge Subdivision
Listing and Financial Details
- Coming Soon on 7/20/26
- Tax Lot 6
- Assessor Parcel Number 40 79K
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,679 | $917,500 | $100,600 | $816,900 |
| 2024 | $3,856 | $521,100 | $87,000 | $434,100 |
| 2023 | $3,856 | $521,100 | $87,000 | $434,100 |
| 2022 | $3,856 | $521,100 | $87,000 | $434,100 |
| 2021 | $3,856 | $521,100 | $87,000 | $434,100 |
| 2020 | $3,700 | $521,100 | $87,000 | $434,100 |
| 2019 | $3,097 | $521,100 | $87,000 | $434,100 |
| 2018 | $3,097 | $455,500 | $87,800 | $367,700 |
| 2017 | $3,097 | $455,500 | $87,800 | $367,700 |
| 2016 | -- | $455,500 | $87,800 | $367,700 |
| 2015 | -- | $455,500 | $87,800 | $367,700 |
| 2014 | -- | $455,500 | $87,800 | $367,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/27/2024 06/27/24 | Sold | $831,550 | +3.9% | $185 / Sq Ft | View Prior Sale |
| 05/27/2024 05/27/24 | Pending | -- | -- | -- | |
| 05/20/2024 05/20/24 | For Sale | $800,000 | -- | $178 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $831,550 | Title Resources Guaranty Compa | |
| Warranty Deed | $139,900 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $481,550 | New Conventional | |
| Previous Owner | $600,000 | New Conventional |
Source: Bright MLS
MLS Number: VAMA2002874
APN: 40-79K
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