See Home Value
Madison 22727
65 CHESTNUT RAIL LANE
$490,000
● House - Off Market

65 CHESTNUT RAIL LANE

MADISON, VA 22727
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,376 Ft²
$2,580
Est. Monthly
$48
HOA / Fees

About This Property

Seller accepted a sight unseen offer and this property is fully under contract.

Exceptional lakefront living on 3 private acres in Madison County, offering breathtaking water views and effortless one-level living. This beautifully updated 3-bedroom, 2-bath home showcases a light-filled open floor plan with vaulted ceilings, gleaming hardwood floors, and expansive windows designed to frame the lake from nearly every room. The upgraded kitchen features quartz countertops, abundant cabinetry, and a spacious eat-in area, seamlessly connecting to a dedicated dining space ideal for entertaining. The oversized primary suite serves as a private retreat with serene water views that create a true sense of escape. Outdoor living is equally impressive with a multi-tiered wraparound deck perfectly positioned to take in the tranquil waterfront setting. A paved circular driveway, carport, and a detached heated and cooled office or studio provide added convenience and flexibility for remote work, guests, or creative use. Located in the sought-after Malvern of Madison community, residents enjoy access to a private lake, pool, clubhouse, and playground, along with Comcast high-speed internet availability. A rare opportunity to own a private, move-in ready lakefront property with acreage, combining peaceful country living with modern comfort and convenience. Some photos have been virtually enhanced, More info and additional photos coming soon.
Unit Size
2,376 Ft²
Days on Market
-
Land Size
3.04 acres
Price per sqft
$200
Property Type
House
Property Taxes
$199
HOA Dues
$48
Year Built
1990

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Last updated: 2 months ago (Bright MLS #VAMA2002670)

Price History

Date / Event Date Event Price
Apr 30, 2026 Sold
Sold
Apr 7, 2026 Listed by RE/MAX Gateway $475,000
Listed by RE/MAX Gateway
Aug 23, 2018 No longer available -
No longer available
May 11, 2018 Sold
Sold
Jul 30, 2017 Listed $349,000
Listed
WATER FRONT ON MALVERN LAKE. ONE LEVEL LIVING! Very well maintained 3br/2ba open layout ranch home with hardwood floors, vaulted ceilings, huge master suite, sun room with ceramic tile floor, wrap around tiered deck for enjoying the incredible view of the lake and wildlife. Storage shed with water and electricity, xfinity high speed internet, community pool and clubhouse! See Aerial Tour! The manager has listed the unit size as 2040 square feet.
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Property Highlights


Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 132,422
  • Total Building Area: 2,376
  • Building Area: 2,376
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,376
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MALVERN OF MADISON
  • Land Acres: 0000003040
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: IN 180000593 3.040 AC 49(2)-42 MALVERN

Neighborhood

  • School District Name: Madison County Public Schools
  • Census Tract: 930201

Zoning

  • Zoning: A1

Geography

  • Account Number: 5260
  • Parcel: 49 2 42
  • Municipality: MADISON COUNTY
  • Latitude: 38.373
  • Longitude: -78.2229

    Address

  • Full Address: 65 Chestnut Rail Ln
  • Address - House Number: 65
  • Address - Street Name: Chestnut Rail
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Madison
  • Carrier Code: H007
  • 4-Digit Zip Code: 4184
  • Zip Code: 22727

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $222,888

    Appraisal Valuation

  • Standard Deviation: 0.1344
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 84
  • Final Value: 462,840
  • High Value: 525,080
  • Low Value: 400,599

    Market Valuation

  • Market Total Value: $301,200
  • Market Land Value: $112,400
  • Market Improvement Value: $188,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $301,200
  • Assessed Land Value: $112,400
  • Assessed Improvements Value: $188,800

    Sales

  • Current Sale Contract Date: May 07, 2018
  • Current Sale Recording Date: May 11, 2018
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 180000593
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Madison


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Nearby Rentals

Unit for rent at 1457 Oak Park Road, MADISON, VA, 22727

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,152 ft²
1457 Oak Park Road, MADISON, VA, 22727 Listing by Chrissy Wright
Unit for rent at 2315 Oak Park Road, MADISON, VA, 22727

$950 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
2315 Oak Park Road #C, MADISON, VA, 22727 Listing by Carrie A Brown


Frequently Asked Questions

When was property at 65 Chestnut Rail Lane built and last sold?
The property at 65 Chestnut Rail Lane was built in 1990 and last sold on May 7, 2018 for $279,000.
How much is this home worth?
The estimated value of the home located at 65 Chestnut Rail Lane is $0.
What are some comparable homes to 65 Chestnut Rail Lane?
There are currently no comparable homes to 65 Chestnut Rail Lane.