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    1543 Elon Rd Madison Heights, VA 24572

    For Sale
    $1,200,000

    28.25-acre property featuring a custom 4-6 bedroom home and pond.

    Lot size:
    28.25 Acres

    Property Features for 1543 Elon Rd

    General Information

    Lot size
    28.25 Acres

    Building Details

    Year built
    2021

    Source: ELITE REALTY Agent TREVOR GILLISPIE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Modern Homestead with Pond

    This property features a custom 4-6 bedroom home situated on 28.25 acres. The land is fully fenced and includes four pastures, each equipped with water access. Inside, the modern kitchen includes a walk-in butler pantry with ample storage and quartz countertops. The living room is filled with natural light. The master suite features a sitting area with a view of the pond and a luxury master bath with a walk-in shower and tub. The library includes floor-to-ceiling bookcases with a sliding ladder. The property includes a pond with a private beach and dock. Modern garden walls are present, suitable for homesteading. This property is intended for agricultural use.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Catering Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison Heights
    County
    Amherst
    State
    Virginia
    Longitude
    -79.1696554
    Latitude
    37.4896501

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    FAQs

    What type of property is this?
    Farm - 28.25-acre property featuring a custom 4-6 bedroom home and pond.
    Where is this farm located?
    The property is located at 1543 Elon Rd Madison Heights, VA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - 28.25 acre property, fully fenced with four pastures, each with water access, ideal for agricultural pursuits.; - Enjoy a pond with private beach and dock, perfect for leisure and entertaining.; - Modern kitchen with walk-in butler pantry and ample storage.
    (434) 660-5853
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    1543 Elon Rd Madison Heights, VA 24572
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    Madison Heights, VA 24572
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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
    1543 Elon Rd Madison Heights, VA 24572
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