Open House Sat, Aug 29th 12:00 PM - 3:00 PM - Price Reduction - Primary on Main
Listed By:
Julie A Garrett with Rappahannock Real Estate, LLC. - 5406751190;
Address
104 Half Penny Lane, Madison, VA
Price
$ 499,000
Property Attributes
  • MLS#VAMA2002854
  • TypeSingle Family
  • Listing Status ACTIVE
  • CountyMADISON
  • CityMadison
  • NeighborhoodMalvern Of Madison
  • Zip22727
  • StyleRanch/Rambler
  • Year Built2005
  • Taxes$ 2577
  • Price$ 499,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3512
  • Lot Size3.09 Acres
Data Source:
Bright MLS
Property Description

BRAND-NEW ROOF TO BE INSTALLED SOONPLUS A PRICE REDUCTION! Along with lots of other newer items including Well Pump, Gutters, Culligan Whole House Filter System and Paint. Discover the space, flexibility, and lifestyle offered by this beautifully maintained home on over 3 scenic acres in the desirable Malvern of Madison community. With more than 3,500 square feet of finished living space, 3 spacious bedrooms, and 3 full bathrooms, this home is exceptionally well suited for multigenerational living, extended family, long-term guests, or anyone needing flexible separate living space. The main level offers comfortable one-level living with an open floor plan, oversized bedrooms, and generous gathering spaces. The fully finished walkout lower level creates an entirely different level of possibilities. With its own separate entrance, kitchenette, full bathroom, additional room, and spacious living areas, it provides valuable privacy and flexibility for extended family, adult children, guests, a home office, recreation space, or a combination of usesall while keeping everyone under one roof. Beyond the home, enjoy the Malvern lifestylea peaceful, established community where you can enjoy country living without giving up neighborhood amenities. Spend summer days at the community swimming pool, enjoy the lake, gather at the clubhouse, or take the kids to the playgrounds. At home, relax on the front porch or back deck, explore your own 3+ acres, or unwind beside the wide creek that meanders through the property. Fiber internet makes working from home easy, while the location provides convenient access toward Charlottesville. A large attached garage, paved driveway, storage shed, wooded backyard, and quiet dead-end road add even more everyday convenience. Space for everyone. Privacy when you want it. A community designed to enjoy. With a brand-new roof coming soon at no increase in price, this home offers a rare opportunity to enjoy flexible multigenerational living and the best of the Malvern of Madison lifestyle.

Price History
7/7/2026 Listed $535,000
8/15/2026 4$515,000
8/23/2026 4$499,000

General Features

Living Area 3512
Sewer On Site Septic
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Roof Shingle
Appliances Built-In Microwave,Dishwasher,Dryer - Electric,Oven/Range - Electric,Refrigerator,Washer,Water Heater
Zoning A1
HOA Fee 690.00
Garage Spaces 2.00
Architectural Style Ranch/Rambler
Construction Materials Vinyl Siding
School District MADISON COUNTY PUBLIC SCHOOLS
Year Built 2005
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility Other
Assoc Fee Paid Per Annually
County MADISON
New Construction No
Property Type Residential
Association Amenities Club House,Lake,Pool - Outdoor,Swimming Pool,Tot Lots/Playground
HOA Yes
Subdivision Name MALVERN OF MADISON
Garage Y/N Yes
Water Access Y/N Yes
Other Structures Above Grade,Below Grade
Full Baths 3
Status ACTIVE
Directions From Route 29 in Madison Take Fishback Rd to Right on Oak Park to Left into Malvern Neighborhood. Once in Neighborhood take a Right on Covered Bridge to Right on Bee Gum to Left on Half Penny. See si
City MADISON
Body of Water Malvern Lake
Senior Community Y/N No
Lot Size Units Square Feet
Lot Size Square Feet 134600.40
Tax Assessed Value 505300.0
Tax Annual Amount 2577.0
Property Condition Very Good
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 260.98
Vacation Rental Y/N No
Virtual Tour https://www.zillow.com/view-imx/58a124a2-1e72-4041-8b75-b238299e61e8?wl=true&setAttribution=mls&initialViewType=pano
Total SQFT 3512
Standard Status Active
Year Built Source Assessor
Tax Lot 115

Interior Features

Interior Amenities Carpet,Ceiling Fan(s),Dining Area,Entry Level Bedroom,Family Room Off Kitchen,Floor Plan - Open,Kitchen - Country,Kitchen - Island,Kitchenette,Walk-in Closet(s),Water Treat System
Heating Fuel Electric
Basement Connecting Stairway,Daylight,Partial,Full,Fully Finished,Improved,Outside Entrance,Rear Entrance,Side Entrance,Walkout Level,Windows
Hot Water Electric
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1912
Central Air Y/N Yes
Total Bedrooms 4
Below Grade Finished Area 1600
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Estimated
Laundry Type Main Floor
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Estimated
Bedrooms Count All Lower Levels 1
Bedrooms Count Lower Level 1 1
Bathrooms Full Lower Level 1 1
Bathrooms Full All Lower Levels 1
Bathrooms Count Lower Level 1 1.00
Bathrooms Count All Lower Levels 1
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 3

Exterior Features

Exterior Amenities Outbuilding(s),Sidewalks
Pool Yes - Community
Lot Features Landscaping,No Thru Street,Open,Partly Wooded,Road Frontage,SideYard(s),Sloping,Stream/Creek
Water Source Well
Total Parking Spaces 2
Garage Features Garage - Side Entry,Garage Door Opener
Type of Parking Attached Garage
Land Use Code 2
Foundation Details Block,Brick/Mortar
Water View Y/N No
Lot Size Acres 3.09
Water Body Type Lake
Lot Size Source Estimated
Waterfront Y/N No
Land Assessed Value 84700.00
Navigable Water Y/N Yes
Water Oriented Y/N Yes
# of Attached Garage Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 22727

Price
AVG $850K
$500K
Taxes
AVG $20,206
$2,577
Year Built
AVG 1985
2005
Visits
AVG 222
342
Data Provided by Inside Real Estate®

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