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$375,000 Just Listed
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Property Description
Welcome to 16023 Colonial Rd. in Milford, Virginia, a well-maintained brick rancher offering timeless character, generous living space, and incredible potential. Lovingly cared for and owned by only two owners within the same family, this home has great bones and is ready for its next chapter. The main level features three bedrooms and two full bathrooms, along with a spacious living room, formal dining room, and hardwood floors throughout the living room, dining room, and bedrooms. The kitchen offers plenty of counter space and cabinetry and flows directly into the formal dining room, making everyday meals and entertaining easy. A screened-in porch and composite deck provide additional space to relax and enjoy the outdoors. Downstairs, the basement expands the home's possibilities with a large family room and a separate unfinished workshop area, offering excellent space for hobbies, projects, storage, or future customization. Outside, you'll find a detached 2.5-car garage providing plenty of room for vehicles, equipment, or additional workspace, along with a separate storage shed. Major improvements include a new HVAC system and water heater, both replaced in 2026. This is a wonderful opportunity to purchase a solid, well-cared-for home with the character and construction of a classic brick rancher while still having plenty of room to make it your own. Additional opportunity: The seller also owns three vacant lots located directly behind the property. The purchaser of 16023 Colonial Rd. will be given the first opportunity to purchase these lots before they are offered for sale on the open market.
Full Property Details
Full Property Details for 16023 Colonial Rd
General
- Price: $375,000
- Taxes: $1,824 (2025)
- Status: Active
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: VACV2010824
- Updated: 8/21/2026
- Added to Site: 2 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 2
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Detached Garage, Driveway
- Garage Description: Oversized
Location
- County: CAROLINE
- Subdivision: MILFORD
- Driving Directions: From Rogers Clark Blvd, turn onto Colonial, make right on Park Ave, Driveway is on the Right
School Information
- School District: Caroline County Public Schools
- Elementary School: Bowling Green
- Middle School: Caroline
- High School: Caroline
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: On Site Septic
- Water: Public
Structural Information
- Architectural Style: Ranch/Rambler
- Structure Type: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full, Workshop
- Foundation: Slab
- Roof: Shingle
- Stories Description: Main
- Square Feet: 1,536
- Sq. Ft. Source: Assessor
- Living Area: 1,536 Sq. Ft.
- Finished Above Grnd: 1,536 Sq. Ft.
- Year Built: 1966
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.33
- Lot Size (Sq. Ft.): 14,283
- Lot Size Source: Assessor
- Zoning: R1
Financial Considerations
- Price Per Sq. Ft.: $244.14
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax: $1,635
- County Tax Freq: Annually
- Tax w/Assessment: $314,360
- Tax Amount: $1,824
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 1536
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 59
Listed by LPT Realty, LLC, Philip Bissoon
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Schools
Schools serving 16023 Colonial Rd
School District:Caroline County Public Schools, Bowling Green, VA
| Name | Grades | Distance |
|---|---|---|
Bowling Green Elementary School 17502 New Baltimore Road, Milford, VA 22514 | PK-5 | 1.7 mi |
Caroline Middle School 13325 Devils Three Jump Road, Milford, VA 22514 | 6-8 | 2.8 mi |
Caroline High School 19155 Rodgers Clark Blvd, Milford, VA 22514 | 9-12 | 3.1 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 16023 Colonial Rd
Date
Details
Price
Change
Source
8/21/2026
Listed
$375,000
331.03%
MLS
9/28/2004
Sold
$87,000
—
Public Record
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
Tax History for 16023 Colonial Rd
Year
Property Taxes
Change
Tax Assessment
Change
2026
$29
-99%
$5,000
—
2025
$3,850
10032%
$5,000
—
2024
$38
—
$5,000
—
2023
$38
—
$5,000
—
2022
$38
—
$5,000
—
2021
$38
-10%
$5,000
—
2020
$42
—
$5,000
—
2019
$42
—
$5,000
—
2018
$42
—
$5,000
—
2017
$42
2%
$5,000
—
2016
$41
-75%
$5,000
-75%
2015
$166
—
$20,000
—
2014
$166
15%
$20,000
—
2013
$144
—
$20,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16023 Colonial Rd
16023 Colonial Road, Milford, VA 22514 (MLS# VACV2010824) is a Single Family property with 3 bedrooms and 2 full bathrooms. 16023 Colonial Road is currently listed for $375,000 and was received on August 21, 2026. Want to learn more about 16023 Colonial Road? Do you have questions about finding other Single Family real estate for sale in Milford? You can browse all Milford real estate or contact a Coldwell Banker agent to request more information.

