Come bask in your Lake Life! Offering a .29 acres (12,632.4 soft.) buildable lot on the shore Lake Monticello, VA. Lake Monticello is a private, 3,500-acre community situated around a beautiful 350-acre lake. There is 22 acres of shoreline, five swimming beaches, a marina, an 18-hole golf course, six tennis courts, and multiple restaurants. Plus, clubhouses that lend themselves to many recreational opportunities. The community playgrounds, pool, various recreational fields, and basketball courts will keep everyone entertained. Nestled in an established neighborhood, this undeveloped lot has what you need to build your home - access to water/sewerage, and electricity at the property. 30 minutes from Charlottesville, VA. Palmyra offers access to Charlottesville-Albemarle Airport (28 miles), UVA Health/ Medical Center (16 miles) and all the charm of the region. Bring your plans for your dream lake home and come bask in your Lake Life!
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Realty
Listing Agent: Skip Fernandes
Exterior Features
Exterior Information:
Waterfront: Lake
View: Golf Course, Water, Trees/Woods
Lot Features
Lot Information:
Lot Size: 0.29 Acres
Other
Directions Information:
Directions: Use GPS
Price Information
Listing Price Info
Price Summary:
List Price: $170,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Palmyra, VA.
This property is $184K less than the Median Sold Price in Palmyra, VA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #VAFN2000356
Listing Office:
Office Name: Coldwell Banker Realty
Listing Agent: Skip Fernandes
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively 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. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$916
Per Month
Principal & Interest
$849
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$576
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Stone Robinson Elementary School
958 N Milton Rd
Distance between this listing and this school7.15 miles
Public District Grades PK-5
6
/10
Carysbrook Elementary School
9172 James Madison Hwy
Distance between this listing and this school8.81 miles
Public District Grades 3-4
2
/10
Clark Elementary School
1000 Belmont Ave
Distance between this listing and this school10.61 miles
Public District Grades PK-4
Nearby Schools
4
/10
Fluvanna Middle School
3717 Central Plains Rd
Distance between this listing and this school7.34 miles
Public District Grades 5-7
3
/10
Buford Middle School
1000 Cherry Ave
Distance between this listing and this school11.71 miles
Public District Grades 7-8
4
/10
Burley Middle School
901 Rose Hill Dr
Distance between this listing and this school11.88 miles
Public District Grades 6-8
Nearby Schools
5
/10
Fluvanna County High School
1918 Thomas Jefferson Pkwy
Distance between this listing and this school3.85 miles
Public District Grades 8-12
4
/10
Monticello High School
1400 Independence Way
Distance between this listing and this school10.31 miles
Public District Grades 9-12
5
/10
Murray
1200 Forest St
Distance between this listing and this school11.77 miles
The neighbors living near this home have an average income of $74,922. Typical income of Palmyra, VA residents is between $35k-100k annually. The majority of families are married, with kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 11 Old Homestead Cir
What is the listing price of this property?
The listing price of 11 Old Homestead Cir property is $170,000.
What type of property is this?
The property 11 Old Homestead Cir is land located in Palmyra, Virginia, 22963.
Is this property for sale now?
Active Listing: 11 Old Homestead Cir is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 11 Old Homestead Cir is 0.29 acres.
Interested in 11 Old Homestead Cir? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 11 Old Homestead Cir in Palmyra, VA and zip code 22963. This home sits on a 0.29 acre lot. It has been listed on Rocket Homes since November 17, 2024 and is currently priced at $170,000.
Palmyra, VA housing market in November 2024 saw over 5 listings sold above listed price, more than 4 sold at listed price and over 8 sold below. In November 2024 in Palmyra, VA there were 11.9% less homes for sale than in October 2024. In November 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $354,000.
From Rocket Homes Real Estate and based on county public records data.
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively 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. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. 
College Football
College Football
Soccer
NASCAR
Best Buy
Old Navy
Dick's Sporting Goods
Texas Roadhouse
Jimmy Johns
Arbys
Ram
GMC
Lincoln
Contemporary Christian
New Country
Adult Hits