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Land with Home for Sale in Madison, Virginia

295 Fairground Rd, Madison, VA 22727

$940,000
11.8 acres
Active sale
ago
Est $5,222/mo

GAITED KNOLL - Exceptional equestrian estate on 11.8 scenic acres in Madison County, offering over 5,000 finished sq ft of beautifully renovated living space and outstanding horse facilities. The home features a vaulted great room with dramatic rock fireplace, gourmet kitchen, spacious dining area, rich wood flooring, and a luxurious owner's suite with an oversized walk-in closet and updated bath. A comprehensive 2010 renovation included plumbing and electrical updates, while the oversized 3-car garage with finished space above provides flexible space for guests, a home office, or hobbies. Designed for the serious horse enthusiast, the property includes a 4-stall center-aisle barn with rubber-matted stalls and rubber brick aisle flooring, heated wash stall with hot and cold water, tack room, heated and cooled feed room with bath and kitchenette, automatic waterers, run-in sheds with timed fans, and hay storage for approximately 400 bales. Multiple outbuildings, classic black board fencing, mature shade trees, and gently rolling pastures create a turnkey horse property ideal for training, boarding, or private enjoyment. Combining quality craftsmanship, modern updates, and exceptional equestrian amenities.

5,110
Sq feet
4
Beds
3
Full baths
1
1/2 bath
1931
Built

Location

Street address
295 Fairground Rd
Zip code
22727
Community
Madison
Elevation
600 feet
Coordinates
38.3518, -78.27

Directions

From Rt 29 in Madion, Take Route 230 Orange Road to first left on Fairground Rd. Go approximate 1/4 to property on the left.

Property details

Acreage
11.8 acres
Zoning
A-1 Agricultural
MLS #
CAARMLS 678517
Posted

Property taxes

2025
$5,028

Parcels

  • 48-48

Legal description

Details and features

Listing

Type
Residential

Lot

Features
Elevated, Fenced Part, Gently Rolling, Landscape Lighting, Landscaped, Open

Exterior

Pool
Patio, Porch
Features
Mature, Sunny

Structure

Stories
2
Water
Well
Sewer
Septic Tank
Heating
Central, Heat Pump
Cooling
Central Air
Windows
Insulated Windows

Interior

Rooms
Basement, Bathroom x 4, Bedroom x 4, Bonus Room, Dining Room
Flooring
Carpet, Hardwood, Tile-Ceramic
Fireplaces
Yes
Appliances
Breakfast Bar, Dishwasher, Eat-In, Gas Cooktop, Island, Microwave, Pantry, Recessed Light, Refrigerator, Trash Compactor
Features
Walk-Up Attic

Nearby schools

NameType
Madison PrimaryElementary
WetselMiddle
Madison (Madison)High

Listing history

DateEventPriceChangeSource
June 18, 2026New listing$940,000CAARMLS
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This 11.8-acre property is located at 295 Fairground Rd in Madison, VA 22727. The property is available for sale, priced at $940,000. It has a 5,110 square foot 4-bedroom, 3.5-bath house built in 1931.

Listed by Nest Realty Group, (434) 566-0121

Checked 1 hour agoUpdated Source

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