Backup offers
#VAMA2002198, Julie A Garrett, Listing office: Rappahannock Real Estate, LLC.
$689,000 List price
161 Half Penny Ln Madison, VA 22727
4 beds
3 full, 1 partial
3,000 sqft
3.1 acres
$230 / sqft
House
Property details
About 161 Half Penny Ln
This stunning New Construction home is not a spec build. It was thoughtfully designed by the owner for family members who were ultimately unable to relocate. This custom home offers over 3,000 square feet of living space, including the lower level, and features four bedrooms in total. A welcoming front porch leads into the entryway, guiding you to the open-concept kitchen, breakfast area, and living room. There is also a separate dining room conveniently located off the kitchen. A side entrance opening to the kitchen through a covered stoop is perfect for unloading groceries. The kitchen boasts an 8 foot island with seating on one side and additional cabinetry on the other, complemented by stainless steel appliances and bright white cabinets for a fresh, modern feel. The living room walks out to the back deck and features a cozy electric fireplace mounted in a slate wall covering that adds warmth and ambiance to the room. On the main floor, you'll find a bedroom with a custom 10 ft closet. A guest half-bath is located in the hallway Upstairs, the primary suite is a luxurious retreat with two walk-in closets offering ample shelving and hanging space. The en-suite bathroom includes luxury vinyl tile, a soaking tub, and a custom-tile
Highlights
Home typeSingle Family Residence
HeatingElectric, Heat Pump
StatusAccepting Backup Offers
(ActiveUnderContract)
(ActiveUnderContract)
CoolingCentral Air, Ceiling Fan(s)
Size3,000 sqft
BasementYes
Lot size3.14 Acres
Year builtNew Const., 2025
ParkingAttached, Basement, Garage, Garage Door Opener, Garage Faces Side
MLS #VAMA2002070
Attached garage1 space
ViewTrees/Woods, Water
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Electric Range, Microwave, Refrigerator, Dryer, Washer
- Basement: Yes
- Interior: Walk-In Closet(s), Master Downstairs
- Total Bedroom Count: 4
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Attached, Basement, Garage, Garage Door Opener, Garage Faces Side
- View: Trees/Woods, Water
- Architectural Style: Colonial
- Heating: Electric, Heat Pump
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $689,000
- Price/SqFt: $229
- HOA Amount: $600 Annually
- Annual Tax Amount: $1,124
- Tax Year: 2024
- Directions: Rt 29 South towards Madison. Turn left at the first traffic light at the end of the town of Madison and take Fishback Rd and continue 1.3 miles to R on Oak Park Rd. Malvern Of Madison will be a short distance on your left ( Malvern Dr). Follow .8 miles to
- Year Built: 2025
- Stories: 3
- Living Area: 3,000 SqFt
- Lot Size: 3.14 Acres
- MLS Number: VAMA2002070
- MLS Name: CharlottesvilleVA
- Office Name: Montague, Miller & Company
- Office Phone: (540) 948-6655
- Office Email: lindamartinrealtor@gmail.com
- Listing Agent: Patti D Lillard
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS® does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright © 2025 Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 5:45:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 11, 2023 | Home Sold | $45,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $152,000 | $1,124 |
History based on county public records data.
Nearby schools
2
Waverly Yowell Elementary School
Public District 3-5
2.1 mi
•1809 N Main St
4
Orange Elementary School
Public District PK-5
9.8 mi
•230 Montevista Ave
5
Ruckersville Elementary School
Public District KG-5
12.2 mi
•105 Progress Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $69,373. The most common annual income of people living in Madison, VA is between $35k-100k. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
16%
<35k
58%
35k-100k
26%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
24%
Single, No Kids
7%
Single, with Kids
37%
Married, No Kids
32%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
40%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dick's Sporting Goods
Wal-Mart
Dillards
Where do the neighbors go to eat?
Texas Roadhouse
Hardee's
Cracker Barrel
What do the neighbors drive?
Subaru
Ram
Cadillac
What do the neighbors listen to?
New Country
Classic Country
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 161 Half Penny Ln
The listing price of 161 Half Penny Ln property is $689,000.
The property 161 Half Penny Ln is a house located in Madison, Virginia, 22727.
Accepting Backup Offers: 161 Half Penny Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 161 Half Penny Ln are: Waverly Yowell Elementary School (GreatSchools Rating 2/10), Orange Elementary School (GreatSchools Rating 4/10), Ruckersville Elementary School (GreatSchools Rating 5/10), William H. Wetsel Middle School (GreatSchools Rating 3/10), Prospect Heights Middle School (GreatSchools Rating 3/10), William Monroe Middle School (GreatSchools Rating 4/10), Madison County High School (GreatSchools Rating 5/10), Orange County High School (GreatSchools Rating 5/10), William Monroe High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $1,124 (source: MLS/based on county public records data).
The last sale was on May 11, 2023 for $45,000 (source: MLS/tax record).
The property at 161 Half Penny Ln has 4 bedrooms and 3 full and 1 half bathrooms.
The property 161 Half Penny Ln is 3,000 SqFt (source: MLS/tax record).
The year of construction for 161 Half Penny Ln is 2025.
This home is located at 161 Half Penny Ln in Madison, VA and zip code 22727. This 3,000 square foot home, which was built in 2025, sits on a 3.14 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $689,000.
In June 2025 more than 5 listings in Madison, VA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 1 were sold below. The number of listings in Madison, VA increased by 24.1% between May and June 2025. In June 2025, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $475,000.
From Rocket Homes Real Estate and based on county public records data.