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$2,100,000 Just Listed

  • For Sale
  • Active
  • Farm
  • 3 Beds
  • 3 Full Baths
  • 3,232 Sq. Ft.
  • Updated 19 hours ago
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Situated west of Route 29 in northern Madison County, with 73 acres of pasture and woods, is paart of , the Old Home Place Farm tract, having a modern 3BR ranch home and a 4000s.f.. multi-purpose building that could be converted to another residence. There are spectacular Blue Ridge Mountain views from the ranch home, and from another potential building site. The open land is mostly fenced, primarily gently rolling, and is currently used for grazing cattle. The setting is private, and quiet, but very convenient to major roads, and to Culpeper and Washington DC to the north, and to the County Seat of Madison and Charlottesvill to the south. This farm could be an excellent retreat, being less than 2 hours to Washington, or a great permanent home and farm in a superb location.

Full Property Details for 551 Old Homeplace Ln

General

  • Price: $2,100,000
  • Taxes: $5,606 (2026)
  • Status: Active
  • Type: Farm
  • Source: BrightMLSMidAtlantic
  • MLS ID: 679310
  • Updated: 7/8/2026
  • Added to Site: 1 day(s) ago

Interior

  • Rooms/Areas: Kitchen, Family Room, Great Room, Full Bath, Additional Bedroom
  • Interior Features: Entry Level Bedroom
  • Appliances: Washer/Dryer Hookups Only
  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Floor Baths: 2
  • Main - Full Baths: 2
  • Lower Floor Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main & Up: 3

Location

  • County: MADISON
  • Building Name: Part of Old Home Place Farm
  • Driving Directions: North of the town of Madison, going north on Rt. 29, pass Prince Michel Vineyards, look for Rt. 607 on the left ( Ridgeview Rd.), , then left on Ridgeview Rd. when it makes a left turn, fo a short distance to Old Home Place Ln. on left .

School Information

  • School District: Madison County Public Schools
  • Elementary School: Madison Primary
  • Middle School: William Wetsel
  • High School: Madison (Madison)

Heating & Cooling

  • Heating Type: Radiant
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Septic Exists
  • Water: Well

Structural Information

  • Architectural Style: Traditional
  • Basement: Yes
  • Basement Entrance: Yes
  • Basement Desc.: Full, Interior Access, Outside Entrance, Unfinished, Walkout Level, Windows
  • Foundation: Concrete Perimeter
  • Roof: Composite
  • Stories Description: Main
  • Building Size: 7232
  • Square Feet: 3,232
  • Sq. Ft. Source: Assessor
  • Living Area: 1,616 Sq. Ft.
  • Finished Above Grnd: 1,616 Sq. Ft.
  • Year Built: 2017
  • Year Built Source: Estimated

Lot Features

  • Property View: Mountain, Panoramic, Pasture
  • Lot Size (Acres): 73.79
  • Zoning: AG
  • Lot Description: Sloping, Open, Partly Wooded

Water Features

  • Water Front Type: Creek/Stream

Financial Considerations

  • Price Per Sq. Ft.: $1,299.5
  • Tax Amount: $5,606
  • Tax Year: 2026

Disclosures and Reports

  • Ownership: Other

Listed by McLean Faulconer Inc., Realtor, JIM FAULCONER and McLean Faulconer Inc., Realtor, WILL FAULCONER

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Listing agents

— 551 Old Homeplace Ln —

  • JIM FAULCONER

    McLean Faulconer Inc., Realtor

  • WILL FAULCONER

    McLean Faulconer Inc., Realtor

Listing Office Email: homes@mcleanfaulconer.com

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 551 Old Homeplace Ln

School District:Madison County Public Schools
NameGradesDistance
Waverly Yowell Elementary School
1809 North Main Street, Madison, VA 22727
3-54.5 mi
Madison Primary School
158 Primary School Drive, Madison, VA 22727
PK-25.6 mi
William H. Wetsel Middle School
186 Mountaineer Lane, Madison, VA 22727
6-86.2 mi
Madison County High School
68 Mountaineer Lane, Madison, VA 22727
9-126.2 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 551 Old Homeplace Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/08/2026
Listed
$2,100,000
337.5%
MLS
3/18/2015
Sold
$480,000
—
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 551 Old Homeplace Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,501
-3%
$687,700
35%
2023
$2,574
—
$507,700
—
2022
$2,574
-31%
$507,700
—
2021
$3,757
—
$507,700
—
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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Listed by McLean Faulconer Inc., Realtor, JIM FAULCONER and McLean Faulconer Inc., Realtor, WILL FAULCONER

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