242 Madison Mills Ln Madison Mills, VA 22960
Estimated payment $4,179/month
Total Views
24,412
4
Beds
3
Baths
1,910
Sq Ft
$390
Price per Sq Ft
Highlights
- 3.25 Acre Lot
- Farmhouse Style Home
- No HOA
- Wood Flooring
- Furnished
- Stainless Steel Appliances
About This Home
Step into timeless elegance with this beautifully renovated c.1920 country manor near the scenic Rapidan River. Overflowing with charm and character, this isn't just a home—it's an opportunity. Currently operating as a successful short-term rental, this stunning property is ideally located just minutes from Woodberry Forest School, James Madison's Montpelier, local breweries and wineries, and the breathtaking Skyline Drive.
With four spacious bedrooms, three full baths, and a large eat-in kitchen with brand-new appliances, this residence combines historic elegance with modern convenience. Hardwood floors, high ceilings, and abundant natural light enhance the beauty of every room.
The historic T.O. Gillum Country Store, c.1890, is included in the sale, brimming with potential. Whether you envision a boutique business, a creative studio, or a personal retreat, this space invites your imagination to take the lead. The seller will entertain selling the house without the store.
Live, work, and play—all on one remarkable piece of history. This unique property is being sold, unfurnished, as-is and is ready for its next chapter.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,427
Year Built
- Built in 1920 | Remodeled in 2024
Lot Details
- 3.25 Acre Lot
- Rural Setting
- No Through Street
- INCLUDED in the sale: The old country store and storage building +/- 0.25 acres, Map 66 5B
- Property is in excellent condition
- Property is zoned A1FP
Home Design
- Farmhouse Style Home
- Brick Foundation
- Poured Concrete
- Metal Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- Property has 2 Levels
- Furnished
- Ceiling height of 9 feet or more
- Entrance Foyer
- Living Room
- Wood Flooring
Kitchen
- Electric Oven or Range
- Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Stacked Washer and Dryer
Unfinished Basement
- Interior and Exterior Basement Entry
- Sump Pump
Parking
- Driveway
- Off-Street Parking
Outdoor Features
- Outdoor Storage
- Outbuilding
- Porch
Location
- Flood Zone Lot
- Flood Risk
Schools
- Waverly Yowell Elementary School
- William H. Wetsel Middle School
- Madison County High School
Farming
- Farm Stand or Store
Utilities
- Ductless Heating Or Cooling System
- Wall Furnace
- 200+ Amp Service
- Well
- Electric Water Heater
- On Site Septic
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 66 5
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $1,877 | $253,700 | $65,000 | $188,700 |
| 2023 | $1,321 | $178,500 | $65,000 | $113,500 |
| 2022 | $1,427 | $192,900 | $65,000 | $127,900 |
| 2021 | $1,427 | $192,900 | $65,000 | $127,900 |
| 2020 | $1,370 | $192,900 | $65,000 | $127,900 |
| 2019 | $1,271 | $192,900 | $65,000 | $127,900 |
| 2018 | $1,271 | $186,900 | $80,000 | $106,900 |
| 2017 | -- | $186,900 | $80,000 | $106,900 |
| 2016 | -- | $186,900 | $80,000 | $106,900 |
| 2015 | -- | $186,900 | $80,000 | $106,900 |
| 2014 | -- | $186,900 | $80,000 | $106,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Price Changed | $745,000 | -9.7% | $390 / Sq Ft |
| 04/04/2025 04/04/25 | For Sale | $825,000 | -- | $432 / Sq Ft |
Source: Bright MLS
About the Listing Agent
Over 8 years of experience as a licensed Realtor.
Over 35 years of experience in sales and management.
Donna's Other Listings
Source: Bright MLS
MLS Number: VAMA2002160
APN: 66-5
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