Property details
About 7705 James Madison Hwy
16.447 acres or prime residential land for development and/or horse farm use in 2 adjoining parcels. (7A1 and 8A1) This property had been an active horse farm. Property adjoins Breyerton Estates on the rear which is a community with houses assessed in the $1 million range and on the South with Harper's Station, an upscale senior living community as well as Legacy Ridge Memory Care. Immediately to the south of these properties are Townhouses and the Madison Crescent commercial and office Center. The price is based on an immediate sale as is or as adjusted upward tied to an agreed higher land use contingencies or densities.
Highlights
(ACTIVE UNDER CONTRACT)
Summary
- View: Pasture
- List Price: $3,500,000
- Annual Tax Amount: $10,876
- Tax Year: 2024
- Lot: Cleared
- Directions: Property is located about 1/2 mile north of Route 29 (Lee Highway)
- Lot Size: 16.45 Acres
- MLS Number: VAPW2054286
- MLS Name: BRIGHT
- Office Name: Norman Realty, Inc.
- Office Phone: (703) 368-2186
- Office Email: noemail@mris.com
- Listing Agent: John E Walvius
- Agent Phone: (703) 625-6113
- Agent Email: jwalvius1@gmail.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. 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: 6/22/2025, 10:45:41 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,500,000
7705 James Madison Hwy
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,093,700 | $10,876 |
| 2023 | $1,032,500 | $10,743 |
| 2022 | $878,200 | $9,726 |
| 2021 | $809,700 | $9,805 |
| 2020 | $758,000 | $11,749 |
| 2019 | $689,900 | $10,693 |
| 2018 | $718,900 | $11,142 |
| 2017 | $686,100 | $8,388 |
History based on county public records data.
Nearby schools
8
Haymarket Elementary School
Public District KG-5
1.4 mi
•15500 Learning Ln
7
Buckland Mills Elementary School
Public Magnet PK-5
1.6 mi
•10511 Wharfdale Pl
7
Tyler Elementary School
Public Magnet PK-5
2.5 mi
•14500 John Marshall Hwy
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 $111,596. Most Gainesville, VA residents have annual incomes between $100k-200k. Typical family type is married, with kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
College Football
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Best Buy
Where do the neighbors go to eat?
Panera
Cracker Barrel
Texas Roadhouse
What do the neighbors drive?
Infiniti
Lexus
Ram
What do the neighbors listen to?
Adult Hits
Oldies
Contemporary Christian
Frequently asked questions
Living in Gainesville, VA
Transportation in Gainesville includes a network of major roads and highways that connect residents to the wider region, facilitating commutes to employment centers and nearby cities. Public transportation options are available, providing connectivity within Gainesville and to adjacent areas. The community is also served by various ride-sharing options, enhancing mobility for those without private vehicles. While some areas of Gainesville are more walkable than others, efforts have been made to improve pedestrian and bicycle infrastructure to promote a more active and sustainable lifestyle.
The community is served by a number of public schools, offering educational opportunities from elementary through high school levels, as well as private educational institutions that cater to a variety of learning preferences. Healthcare services are accessible, with clinics and a hospital that provide a range of medical services. Gainesville also features a public library, contributing to the educational resources of the community. Retail and dining options are plentiful, with both local and national brands represented, reflecting the area's growing and diverse population.
Gainesville is known for its suburban charm and community-oriented atmosphere. The area prides itself on a blend of historical sites and modern conveniences, providing a sense of continuity with the past while accommodating contemporary lifestyles. Seasonal events and local farmers' markets are central to Gainesville's community life, fostering a sense of togetherness and local pride among residents.
Gainesville's housing market is diverse, offering a range of options from spacious single-family homes to convenient townhouses and apartments. The architectural styles vary, with a mix of colonial, ranch, and contemporary designs prevalent throughout the area. A significant portion of the housing stock was built during the housing expansion of the late 1990s and early 2000s. The homeownership rate in Gainesville is high, with a substantial majority of residents owning their homes, reflecting a stable and invested community.
About 7705 James Madison Hwy
The listing price of 7705 James Madison Hwy property is $3,500,000.
The property 7705 James Madison Hwy is land located in Gainesville, Virginia, 20155.
Accepting Backup Offers: 7705 James Madison Hwy 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 7705 James Madison Hwy are: Haymarket Elementary School (GreatSchools Rating 8/10), Buckland Mills Elementary School (GreatSchools Rating 7/10), Tyler Elementary School (GreatSchools Rating 7/10), Gainesville Middle School (GreatSchools Rating 7/10), Ronald Wilson Reagan Middle School (GreatSchools Rating 7/10), Bull Run Middle School (GreatSchools Rating 5/10), Gainesville High School (GreatSchools Rating 6/10), Kettle Run High School (GreatSchools Rating 7/10), Battlefield High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $10,876 (source: MLS/based on county public records data).
The property 7705 James Madison Hwy is 16.45 acres.
This home is located at 7705 James Madison Hwy in Gainesville, VA and zip code 20155. Features: 0 bathroom. It has been listed on Rocket Homes since July 5, 2023 and is currently priced at $3,500,000.
In May 2025 in Gainesville, VA there were 191.4% more homes for sale than in April. In May 2025 median list price was $650,000 and the average listing age was 32 days.