StatusAccepting Backup Offers (ACTIVE UNDER CONTRACT)
About Carpenters Mill Rd
LOCATION, LOCATION, LOCATION!! With just shy of 60 acres, this estate like property offers 2 separate tax map parcels (both at just under 30 acres each), long frontage on a state maintained, paved road, meandering stream all along the backside, and just over a mile from Route 29 in beautiful Madison County! Property is predominately open, with tree-lined & stream boundaries, and is fully fenced making it an ideal spot for your livestock/horses, with 2 cattle waterers already in place. The possibilities here are limitless...numerous potential pond sites, perfect exposure for a vineyard, gardens &/or crops, enjoy as one large estate, or have multiple homes to create your family compound! 200amp electrical service already in place, and both parcels have their own entrance along with previous soil work done that would just need to be updated. To top it all off, choose the perfect elevated home-site to build your dream home where you can take in the gorgeous views of the Blue Ridge Mountains! Come see this tremendous offering today!
Lot: Trees, Open Lot, Private, Rural Area, Stream/Creek
Lot Size: 58.49 Acres
Other
Directions Information:
Directions: From Route 29 in Madison, take Route 634 (Oak Park Rd) at stoplight at McDonalds, continue straight through intersection, becoming Route 616 (Carpenters Mill Rd), follow to property on the right just shortly after the intersection; sign up.
Price Information
Listing Price Info
Price Summary:
List Price: $895,000
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 Madison, VA.
This property is $435K more than the Median Sold Price in Madison, VA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #VAMA2001942
Listing Office:
Office Name: Montague, Miller & Company
Office Phone: (540) 948-6655
Listing Agent: Carl R Broyles
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,534
Per Month
Principal & Interest
$4,467
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
$2,750
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
2
/10
Waverly Yowell Elementary School
1809 N Main St
Distance between this listing and this school3.88 miles
Public District Grades 3-5
4
/10
Orange Elementary School
230 Montevista Ave
Distance between this listing and this school8.61 miles
Public District Grades PK-5
5
/10
Ruckersville Elementary School
105 Progress Pl
Distance between this listing and this school10.13 miles
Public District Grades KG-5
Nearby Schools
3
/10
William H. Wetsel Middle School
186 Mountaineer Ln
Distance between this listing and this school2.85 miles
Public District Grades 6-8
3
/10
Prospect Heights Middle School
202 Dailey Dr
Distance between this listing and this school8.93 miles
Public District Grades 6-8
4
/10
William Monroe Middle School
148 Monroe Dr
Distance between this listing and this school11.37 miles
Public District Grades 6-8
Nearby Schools
5
/10
Madison County High School
68 Mountaineer Ln
Distance between this listing and this school2.93 miles
Public District Grades 9-12
5
/10
Orange County High School
201 Selma Rd
Distance between this listing and this school9.66 miles
Public District Grades 9-12
6
/10
William Monroe High School
254 Monroe Dr
Distance between this listing and this school11.41 miles
The neighbors living near this home have an average income of $69,373. Residents of Madison, VA typically earn between $35k-100k each year. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About Carpenters Mill Rd
What is the listing price of this property?
The listing price of Carpenters Mill Rd property is $895,000.
What type of property is this?
The property Carpenters Mill Rd is land located in Madison, Virginia, 22727.
Is this property for sale now?
Accepting Backup Offers: Carpenters Mill Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
When was this property sold last time and for how much?
The last sale was on June 12, 2019 for $220,000. (source: MLS/tax record).
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 Carpenters Mill Rd in Madison, VA and zip code 22727. This home sits on a 58.49 acre lot. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $895,000.
In October 2024 more than 0 listings in Madison, VA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 1 were sold below. The inventory of homes for sale in Madison, VA between September 2024 and October 2024 increased by 31.6%. Listings spent 59 days on the market in October 2024, and had a median list price of $460,000 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. 
Hunting
Hunting
NASCAR
Figure Skating
Dick's Sporting Goods
Wal-Mart
Dillards
Texas Roadhouse
Hardee's
Cracker Barrel
Subaru
Ram
Cadillac
New Country
Classic Country
News/Talk/Information