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    48 Smokewood Dr Palmyra, VA 22963

    For Sale
    $165,000

    Building Lots - PALMYRA, VA

    Lot size:
    0.56 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 11 at 3:06 am

    Property Features for 48 Smokewood Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-4 Residential
    APN
    18A 12 513
    Lot size
    0.56 Acres

    Taxes and HOA fees

    Expense value
    1168
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    McLean Faulconer Inc., REALTOR (434) 295-1131 [email protected]

    Listing agent JIM FAULCONER (434) 295-1131 License #0225209215

    Listing date Nov 12, 2025

    MLS# 668776 Listing URL

    Copyright © 2025 Charlottesville Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot in Lake Monticello

    This 0.56-acre lot is situated in a quiet cul-de-sac within the gated community of Lake Monticello, located in PALMYRA, VA. The property is positioned just off a peaceful cove, providing access to the waterway. Mature trees surround the lot, offering a blend of privacy and convenience. Lake Monticello features a 352-acre lake suitable for swimming, boating, and fishing. Residents have access to five beaches, many equipped with temporary boat docking, restrooms, picnic tables, and grills. The community also provides amenities such as golf, tennis, and dining. This lot offers the opportunity to build a custom home and enjoy the lifestyle Lake Monticello has to offer. The zoning is R-4 Residential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palmyra
    County
    Fluvanna
    State
    Virginia
    Longitude
    -78.3325304
    Latitude
    37.9252814

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    FAQs

    What type of property is this?
    Land - 0.56-acre lot in Lake Monticello's gated community.
    Where is this land located?
    The property is located at 48 Smokewood Dr Palmyra, VA.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: - .56-acre lot in Lake Monticello's gated community.; - Enjoy access to a 352-acre lake for swimming, boating, and fishing.; - Located in a quiet cul-de-sac, offering privacy.
    (434) 295-1131
    Request Owner's contact information
    48 Smokewood Dr Palmyra, VA 22963
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    Palmyra, VA 22963
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    48 Smokewood Dr Palmyra, VA 22963
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