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$290,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2,032 Sq. Ft.
  • 0.42 Acres
  • 3 Car Garage
  • Updated 1 day ago

Next open house:

Open House: 2:00 PM - 4:00 PM

Saturday 6/27 2:00 PM - 4:00 PM

242 Island Drive,Madison, NC 27025

242 Island DriveMadisonNC27025

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Welcome home to this beautifully renovated 4-bedroom, 2-bath brick ranch featuring an open floor plan filled with natural light. The stunning kitchen is the heart of the home, showcasing a massive 8-foot island with built-in cabinetry, premium cabinets, granite countertops, a granite composite sink, and new appliances. Recent updates include new flooring, renovated bathrooms, new interior and entry doors, and updated hardware. The partially finished basement offers heated and cooled flex space, perfect for a recreation room, home office, or hobby area, plus a convenient laundry room. Situated on a spacious 0.4± acre lot, you'll also enjoy a detached 2-car carport, storage shed, new back deck, and a pre-poured concrete patio with water and power. Conveniently located near Madison River Park and the Dan River for kayaking, floating, fishing, and outdoor recreation.

Full Property Details for 242 Island Dr

General

  • Price: $290,000
  • Taxes: $2,745
  • Status: Active
  • Type: Single Family
  • Source: Triad_MLS
  • MLS ID: 1224937
  • Updated: 6/24/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 8
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room
  • Appliances: Free-Standing Range, Electric Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 4
  • 1st/Main Floor Primary: Yes

Other Rooms

  • Laundry: Dryer Connection, In Basement, Washer Hookup

Parking

  • Garage Description: Attached Carport, Detached Carport
  • Garage Spaces: 3
  • Parking Features: Carport, Driveway, Attached Carport, Detached Carport

Location

  • County: Rockingham
  • Subdivision: None
  • Driving Directions: Take US-220 N (I-73 N) toward Madison. Exit onto NC-704 W toward downtown Madison, then turn right onto Island Drive. Continue to 242 Island Drive, which will be on the right.
  • City Limits: Yes

School Information

  • Elementary School: Stoneville
  • Middle School: Western Rockingham
  • High School: McMichael

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Forced Air, Natural Gas
  • Heating Fuel: Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Partially Finished, Basement
  • Stories/Levels: One
  • Square Feet: 2,032
  • Heated/Cooled: 2,032 Sq. Ft.
  • Year Built: 1959

Lot Features

  • Lot Size (Acres): 0.42
  • Road Maintenance: Public Maintained Road
  • Lot Features: City Lot

Financial Considerations

  • Price Per Acre: $690,476.1905
  • Tax Amount: $2,745
  • Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Disclosures and Reports

  • Special Conditions: Owner Sale

Listed by Howard Hanna Allen Tate - Greensboro

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Listing agent

— 242 Island Dr —

  • Howard Hanna Allen Tate - Greensboro

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 242 Island Dr

School District:Rockingham County Schools
NameGradesDistance
Western Rockingham Middle
915 Northwest Ayersville Road, Madison, NC 27025
6-81.3 mi
Stoneville Elementary
203 Stone Street, Stoneville, NC 27048
PK-56.8 mi
Dalton Mcmichael High
6845 North Carolina 135, Mayodan, NC 27027
9-123.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 242 Island Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/24/2026
Listed
$290,000
75.76%
MLS
3/26/2026
Sold
$165,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 242 Island Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,745
—
$214,427
—
2024
$2,745
69%
$214,427
88%
2023
$1,623
—
$113,906
—
2021
$1,623
—
$113,906
—
2022
$1,623
237%
$113,906
—
2020
$482
-51%
$113,906
—
2019
$982
-6%
$113,906
-4%
2017
$1,048
—
$118,458
—
2016
$1,048
—
$118,458
—
2015
$1,048
1%
$118,458
—
2014
$1,037
—
$118,458
—
2013
$1,037
—
$118,458
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Howard Hanna Allen Tate - Greensboro

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242 Island Drive, Madison, NC 27025 (MLS# 1224937) is a Single Family property with 4 bedrooms and 2 full bathrooms. 242 Island Drive is currently listed for $290,000 and was received on June 24, 2026. Want to learn more about 242 Island Drive? Do you have questions about finding other Single Family real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

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