16.447 acres or prime residential land for development and/or horse farm use in 2 adjoining parcels. (7A1 and 8A1) This property had been an active horse farm. Property adjoins Breyerton Estates on the rear which is a community with houses assessed in the $1 million range and on the South with Harper's Station, an upscale senior living community as well as Legacy Ridge Memory Care. Immediately to the south of these properties are Townhouses and the Madison Crescent commercial and office Center. The price is based on an immediate sale as is or as adjusted upward tied to an agreed higher land use contingencies or densities.
Property Details
Property Features
Listing Office:
Office Name: Norman Realty, Inc.
Office Phone: (703) 368-2186
Listing Agent: John E Walvius
Exterior Features
Exterior Information:
View: Pasture
Lot Features
Lot Information:
Lot: Cleared
Lot Size: 16.45 Acres
Other
Directions Information:
Directions: Property is located about 1/2 mile north of Route 29 (Lee Highway)
Price Information
Listing Price Info
Price Summary:
List Price: $3,500,000
Tax Information:
Annual Amount: $9,806
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Gainesville, VA.
This property is $2.8M more than the Median Sold Price in Gainesville, VA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #VAPW2054286
Listing Office:
Office Name: Norman Realty, Inc.
Office Phone: (703) 368-2186
Listing Agent: John E Walvius
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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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
8
/10
Haymarket Elementary School
15500 Learning Ln
Distance between this listing and this school1.35 miles
Public District Grades KG-5
7
/10
Buckland Mills Elementary School
10511 Wharfdale Pl
Distance between this listing and this school1.59 miles
Public Magnet Grades PK-5
7
/10
Tyler Elementary School
14500 John Marshall Hwy
Distance between this listing and this school2.51 miles
Public Magnet Grades PK-5
Nearby Schools
7
/10
Gainesville Middle School
8001 Limestone Dr
Distance between this listing and this school3.57 miles
Public District Grades 6-8
7
/10
Ronald Wilson Reagan Middle School
15801 Tanning House Pl
Distance between this listing and this school3.90 miles
Public Magnet Grades 6-8
5
/10
Bull Run Middle School
6308 Catharpin Rd
Distance between this listing and this school3.94 miles
Public District Grades 6-8
Nearby Schools
6
/10
Gainesville High School
13150 University Blvd
Distance between this listing and this school3.82 miles
Public District Grades 9-12
7
/10
Kettle Run High School
7403 Academic Ave
Distance between this listing and this school4.06 miles
Public District Grades 9-12
8
/10
Battlefield High School
15000 Graduation Dr
Distance between this listing and this school4.27 miles
The neighbors living near this home have an average income of $111,596. The majority of Gainesville, VA residents have income between $100k-200k annually. Most families are married, with kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Living In Gainesville, VA
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What are the common housing types in Gainesville, VA?
Gainesville's housing market is diverse, offering a range of options from spacious single-family homes to convenient townhouses and apartments. The architectural styles vary, with a mix of colonial, ranch, and contemporary designs prevalent throughout the area. A significant portion of the housing stock was built during the housing expansion of the late 1990s and early 2000s. The homeownership rate in Gainesville is high, with a substantial majority of residents owning their homes, reflecting a stable and invested community.
What are the advantages of living in Gainesville, VA?
Gainesville is known for its suburban charm and community-oriented atmosphere. The area prides itself on a blend of historical sites and modern conveniences, providing a sense of continuity with the past while accommodating contemporary lifestyles. Seasonal events and local farmers' markets are central to Gainesville's community life, fostering a sense of togetherness and local pride among residents.
Are essential services in Gainesville, VA convenient?
The community is served by a number of public schools, offering educational opportunities from elementary through high school levels, as well as private educational institutions that cater to a variety of learning preferences. Healthcare services are accessible, with clinics and a hospital that provide a range of medical services. Gainesville also features a public library, contributing to the educational resources of the community. Retail and dining options are plentiful, with both local and national brands represented, reflecting the area's growing and diverse population.
How do Gainesville, VA residents get around?
Transportation in Gainesville includes a network of major roads and highways that connect residents to the wider region, facilitating commutes to employment centers and nearby cities. Public transportation options are available, providing connectivity within Gainesville and to adjacent areas. The community is also served by various ride-sharing options, enhancing mobility for those without private vehicles. While some areas of Gainesville are more walkable than others, efforts have been made to improve pedestrian and bicycle infrastructure to promote a more active and sustainable lifestyle.
Frequently Asked Questions About 7705 James Madison Hwy
What is the listing price of this property?
The listing price of 7705 James Madison Hwy property is $3,500,000.
What type of property is this?
The property 7705 James Madison Hwy is land located in Gainesville, Virginia, 20155.
Is this property for sale now?
Active Listing: 7705 James Madison Hwy is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $9,806 (source: MLS/based on county public records data).
How much acreage is this property?
The property 7705 James Madison Hwy is 16.45 acres.
Interested in 7705 James Madison Hwy? Let's connect.
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This home is located at 7705 James Madison Hwy in Gainesville, VA and zip code 20155. This home sits on a 16.45 acre lot. It has been listed on Rocket Homes since July 05, 2023 and is currently priced at $3,500,000.
While more than 30 listings in Gainesville, VA in November 2024 were sold above asking price, there were more than 27 listings sold at asking price, and more than 28 were sold below. The number of listings in Gainesville, VA decreased by 7.2% between October 2024 and November 2024. Listings spent 24 days on the market in November 2024, and had a median list price of $640,152 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
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