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202 Innovation LaneMadison, VA 22727Price: $875,000

  • Price: $875,000
  • Est. Mortgage of $/month
  • 17 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.66% last updated on Jul 30, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $875,000List Price
  • 4Bedrooms
  • 4Bathrooms
  • 4,497Square Feet
Welcome home to this stunning brick, stone, and vinyl sided Colonial nestled on 3.86 picturesque acres in the heart of Madison County. Offering over-sized living spaces, timeless curb appeal, and endless possibilities, this exceptional property is the perfect blend of elegance, comfort, and country living. Inside, you'll find four spacious bedrooms and three full baths, with generous room sizes designed for both everyday living and entertaining. The well-appointed floor plan provides flexibility for today's lifestyle, while the fully finished lower level features a second kitchen-ideal for multi-generational living, extended guests, entertaining, or creating the ultimate recreation space. Step outside to your own private retreat where the sparkling in-ground pool invites you to relax, unwind, and enjoy warm Virginia summers. The expansive acreage offers plenty of room for gardening, recreation, or simply taking in the peaceful surroundings. Best of all, there's no HOA, giving you the freedom to enjoy your property your way while still being conveniently located to Madison, Culpeper, Charlottesville, and the Blue Ridge Mountains. If you've been searching for space, privacy, and a home designed for making lasting memories, this exceptional Colonial is one you won't want to miss!
Listed by Brenda L Payne of Long & Foster Real Estate,Inc.

Driving Directions

Railey Vacations
Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

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More Info

Location Information

  • Date Listed07/20/2026
  • ZoningA1
  • UsmAreaMadison

School Information

  • Junior HighWilliam H. Wetsel
  • High SchoolMadison County
  • Elementary SchoolWaverly Yowell

Parking

  • Parking FeaturesAsphalt Driveway
  • Parking TypesAttached Garage
  • Total Garage And Parking Spaces2

Property

  • Property ConditionExcellent
  • New Construction YNN
  • Lot Description
    • Backs to Trees
    • Front Yard
    • Landscaping
    • Level
    • Open
    • Rear Yard
    • Rural
    • Stream/Creek

Exterior

  • RoofShingle
  • FoundationConcrete Perimeter
  • Window FeaturesDouble Pane, Insulated, Vinyl Clad

Utilities

  • UtilitiesCable TV, Propane, Under Ground
  • Water SourceWell
  • SewerSeptic Exists, On Site Septic
  • Central Air YNYes
  • Cooling FuelElectric
  • Water HeaterPropane
  • Heating FuelPropane - Owned
  • Heat SystemCentral
  • Internet ServicesCable

Other

  • Other Structures ListPool Equipment Shed, Shed
  • Additional Parcels YNN

Basic Information

  • MLS NumberVAMA2002874
  • Ownership InterestFee Simple
  • List Price$875,000
  • Square Feet4,497
  • Acreage3.86
  • Year Built2007
  • MLS Property TypeResidential
  • StatusACT

Location

  • Address202 Innovation Lane
  • Area Total5,238
  • SubdivisionCarpenter's Ridge
  • TownMadison
  • StateVA
  • Zip22727
  • CountyMadison

Interior

  • FlooringHardwood, Vinyl, Carpet
  • Appliances Included
    • Built-In Microwave
    • Cooktop
    • Cooktop - Down Draft
    • Dishwasher
    • Dryer - Electric
    • ENERGY STAR Refrigerator
    • Microwave
    • Oven/Range - Electric
    • Oven/Range - Gas
    • Refrigerator
    • Washer
    • Water Heater - Tankless
  • Heating YNYes
  • CoolingCeiling Fan(s), Central A/C
  • Basement YNYes

Property Information

  • Lot Size Square Feet168,141.6
  • Above Grade Finished Area3297
  • Below Grade Area Total1,941
  • Below Grade Unfinished Area741
  • Below Grade Finished Area1200

Amenities

  • PoolYes - Personal
  • PricePerSqFt265
  • Other AmenitiesBasement, Fireplace, Pool

Tax Information

  • Total Taxes Payment FrequencyAnnually
  • Tax Assessment Amount917500
  • Tax Year2024
  • Taxes$3,856
  • County Tax$3,856
  • County Tax Payment FrequencyAnnually
  • Assessment Year2026

Basic Information

Building

  • ViewTrees/Woods
  • Rooms
    • Bathroom 1
    • Bedroom 1
    • Bedroom 2
    • Bedroom 3
    • Dining Room
    • Family Room
    • Half Bath
    • Kitchen
    • Laundry
    • Living Room
    • Office
    • Other
    • Primary Bathroom
    • Primary Bedroom
    • Storage Room
  • Door FeaturesInsulated, Six Panel
  • Walls CeilingsDry Wall,9'+ Ceilings
  • Interior FeaturesBreakfast Area, Family Room Off Kitchen, Primary Bath(s), Entry Level Bedroom, Upgraded Countertops, Floor Plan - Open,2nd Kitchen, Built-Ins, Ceiling Fan(s), Dining Area, Kitchen - Gourmet, Kitchen - Island, Pantry, Bathroom - Tub Shower, Walk-in Closet(s), Wood Floors, Bathroom - Stall Shower, Formal/Separate Dining Room, Kitchen - Table Space, Store/Office, Wet/Dry Bar
  • High School DistrictMadison County Public Schools
  • Broker NameLong & Foster Real Estate, Inc.
  • Building Number202
  • DirectionsFrom Warrenton: Rt.29S, continue into Madison County, make a U-turn at Pete's Auction to Rt.29N, to Right on Innovation Lane, to property with sign on right.
  • Num Attached Garage Spaces2
  • Lower Levels Total Baths1
  • Lower Level1 Total Baths1
  • Lower Level1 Full Baths1
  • Lower Levels Total Full Baths1
  • Main Level Total Baths2
  • Main Level Bedrooms1
  • Main Level Half Baths1
  • Main Level Full Baths1
  • Upper Levels Total Full Baths1
  • Upper Levels Total Bedrooms3
  • Upper Levels Total Baths1
  • Upper Level1 Bedrooms3
  • Upper Level1 Full Baths1
  • Upper Level1 Total Baths1
  • Story ListLower 1, Main, Upper 1
  • Structure Design TypeDetached
  • Construction MaterialsCombination, Brick, Stone, Vinyl Siding
  • Property StyleColonial, Traditional
  • Builder NameGraystone Homes, Inc
  • Bedrooms4
  • Basement
    • Connecting Stairway
    • Daylight
    • Full
    • Outside Entrance
    • Partial
    • Partially Finished
    • Rear Entrance
    • Sump Pump
    • Walkout Level
    • Windows
    • Workshop
  • Full Bath3
  • Bathroom4
  • Half Baths1
  • Laundry TypeMain Floor, Basement
  • Levels3
  • Fireplace FeaturesFireplace - Glass Doors, Stone
  • Fireplace YNYes
  • Fireplace1
  • Garage TypeGarage Door Opener
  • Garage Spaces2
  • GarageYes
  • Garage SQFT625

Copyright 2026 BRIGHT, All Rights Reserved.  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 Railey Vacations 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.Data last updated August 5, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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