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!
Single-familyProperty Type
2007Year Built
3.86 acresLot Size
$189Price/Sq.Ft.
2 car garageParking
Listed by Brenda Payne• Long & Foster Real Estate, Inc.
A rare find in Madison !! You'll be excited to view this Fabulous 4Br Custom Home on 3.86 ac, just off Rt 29 and only 3 miles North of town. This is an upscale neighborhood developed by Graystone Homes, with a paved state road and NO HOA. Plenty of space & privacy with only 12 lots ( partly wooded). Comcast Internet. This home checks all the boxes, with a beautiful kitchen, a large shelved pantry closet, and open plan living and dining areas. The 1st floor Primary bathroom was recently renovated with a spacious tiled shower & a roomy linen closet. You will be thrilled with the 14x 8 primary suite closet/dressing room. There is a sitting room/ office just inside the front foyer. The lower walk- out level has been used as a mother-in-law suite and includes a full kitchen and a living area. There is a a separate area set off for bedroom furniture and includes a full bath and closet. There is no dividing wall so it is not technically a bedroom. The lower level also has a 28'x 15' mechanical and storage room, with a second washer and dryer, a tankless propane water heater, and a work bench w/ shelving. An L shaped deck off the kitchen looks over the beautiful salt water pool and pool house. The pool area is surrounded by Aluminum "self locking" fence. This home has been meticulously maintained and is ready to move into. 3 Br conventional septic. You will find a list of special features included in the pictures and in the documents. Seller is related to listing agent . COMCAST INTERNET
Year
Property tax
Land + Additions
Assessment*
2025
$6,790 (+76.1%)
$100,600 + $816,900
$917,500
2024
$3,856
$87,000 + $434,100
$521,100
2023
$3,856
$87,000 + $434,100
$521,100
2022
$3,856
$87,000 + $434,100
$521,100
2021
$3,856 (+4.2%)
$87,000 + $434,100
$521,100
2020
$3,700 (+1.4%)
$87,000 + $434,100
$521,100
2019
$3,648 (+17.8%)
$87,000 + $434,100
$521,100
2018
$3,097
$87,800 + $367,700
$455,500
2017
$3,097
$87,800 + $367,700
$455,500
2016
$3,097
$87,800 + $367,700
$455,500
2014
$3,097 (+1.5%)
$87,800 + $367,700
$455,500
2013
$3,052
$87,800 + $367,700
$455,500
Public record
Beds
3
Baths
3.5
Stories
2
Lot width
—
Lot depth
—
Lot size
3.86 Acres
Year renovated
—
Finished Sq. Ft.
4,576
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,576
Year built
2007
Style
Single Family Residential
County
Madison County
APN
40 79K
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 23, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 106° expected this year, 17 days in 30 years
2/10 Wind Factor
4% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Madison, VA • 22727
Average low and high temperatures (°F)
41°
24°
48°
30°
65°
41°
72°
50°
74°
55°
85°
65°
89°
70°
81°
63°
80°
59°
69°
47°
61°
41°
47°
30°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Madison. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 202 Innovation Ln
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $475,000 and $825,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $475K to $825K.