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Land with Home for Sale in Madison, Virginia

104 Half Penny Ln, Madison, VA 22727

$515,000
3 acres
Active sale
$20k drop
Est $2,904/mo

BRAND-NEW ROOF TO BE INSTALLED SOON-PLUS 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 uses-all while keeping everyone under one roof. Beyond the home, enjoy the Malvern lifestyle-a 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.

3,512
Sq feet
4
Beds
3
Full baths
2005
Built

Location

Street address
104 Half Penny Ln
Zip code
22727
Community
Malvern of Madison
School district
Madison County Public Schools
Elevation
486 feet
Coordinates
38.3651, -78.2234

Property details

Acreage
3.09 acres
MLS #
TREND VAMA2002854
Posted

Property taxes

Recent
$2,577

Expenses

Homeowner Association Fee
$690 annually

Parcels

  • 49 3 115

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Waterfront
Navigable Water

Exterior

Parking Spaces
2
Parking
Garage-Attached

Structure

Style
Ranch
Heating
Heat Pump
Cooling
Central Air
Materials
Vinyl Siding

Interior

Rooms
Basement, Bathroom x 3, Bedroom x 4, Dining Room, Family Room
Appliances
Built-In Microwave, Dishwasher, Dryer-Electric, Oven/Range-Electric, Refrigerator, Washer, Water Heater
Features
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

Listing history

DateEventPriceChangeSource
Aug 15, 2026Price drop$515,000$20,000 -3.7%TREND
July 7, 2026New listing$535,000TREND
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This 3.09-acre property is located at 104 Half Penny Ln in Madison, VA 22727. The property is available for sale, priced at $515,000. It has a 3,512 square foot 4-bedroom, 3-bath house built in 2005.

Listed by Rappahannock Real Estate, (540) 675-1190

Checked 1 hour agoUpdated Source

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