285 Wallace Gap Ln
Madison, VA 22727
- 5 Beds
- 3.5 Baths
- 3,138 sqft (on 400 acres)
5 Beds
3.5 Baths
3,138 sqft
(on 400 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1899
Lot Size
400 acres
Living Area
3,138 sqft
Price/Sqft
$263
Parking
Garage
About this House
This single-family home is located at 285 Wallace Gap Ln, Madison, VA. 285 Wallace Gap Ln is in Madison, VA and in ZIP code 22727. This property has 5 bedrooms, 4 bathrooms and approximately 3,138 sqft of floor space. This property has a lot size of 400.00 acres and was built in 1899.
285 Wallace Gap Ln, Madison, VA 22727 is a 5 bedroom, 4 bathroom, 3,138 sqft single-family home built in 1899. It last sold for $2,800,000 on Feb 25, 2021. It is currently off market. The Trulia Estimate is $824,700, with a rent estimate of $3,847/month.
Home Details for 285 Wallace Gap Ln
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Interior Details BasementNumber of Rooms: 8Types of Rooms: Walk In Closet, Dining Room |
Heating & Cooling Heating: Baseboard, Forced Air, Heat Pump, ElectricAir ConditioningCooling System: OtherHeating Fuel: Baseboard |
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa FireplaceHot Tub or Spa |
Levels, Entrance, & Accessibility Floors: Hardwood |
Security Security System |
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Exterior Home Features Roof: MetalDeckExterior: WoodFoundation Type: StoneGardenPatioPorch |
Parking & Garage GarageParking Spaces: 2Parking: Garage Detached |
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Year Built Year Built: 1899 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch / Rambler |
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Lot Area: 400.00 acres |
Price History for 285 Wallace Gap Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 02/25/2021 | $2,800,000 | Sold | N/A |
| 01/18/2021 | $2,950,000 | Pending | CAAR #602942 |
| 05/19/2020 | $2,950,000 | Listed For Sale | CAAR #602942 |
Market trends in Madison
Last updated June 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
16
8MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $3,575 |
| Assessment | $483,100 |
Home facts updated by county records
Comparable Sales for 285 Wallace Gap Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.42 | Single-Family Home | $290,000 | 09/04/25 | 3 | 1.5 | 1,000 | |
0.57 | Single-Family Home | $268,900 | 08/08/25 | 2 | 1.5 | 720 | |
0.61 | Single-Family Home | $268,900 | 08/11/25 | 2 | 1 | 720 | |
0.74 | Single-Family Home | $262,500 | 08/06/25 | 2 | 1 | 864 | |
0.85 | Single-Family Home | $187,000 | 01/15/26 | 1 | 1 | 560 | |
1.53 | Single-Family Home | $385,000 | 03/31/26 | 3 | 2 | 1,352 | |
1.44 | Single-Family Home | $242,000 | 11/03/25 | 4 | 1 | 1,155 | |
1.49 | Single-Family Home | $92,000 | 04/14/26 | 2 | 1 | 1,410 | |
2.52 | Single-Family Home | $860,000 | 07/20/26 | 3 | 3.5 | 4,026 | |
2.83 | Single-Family Home | $1,850,000 | 02/18/26 | 6 | 3.5 | 4,350 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 285 Wallace Gap Ln.
What Locals Say about Madison
At least 4 Trulia users voted on each feature.
100 % Say car is needed
100 % Say yards are well-kept
100 % Say parking is easy
78 % Say there's holiday spirit
75 % Say it's dog friendly
71 % Say there's wildlife
67 % Say it's quiet
67 % Say kids play outside
56 % Say people would walk alone at night
50 % Say they plan to stay for at least 5 years
46 % Say neighbors are friendly
40 % Say streets are well-lit
33 % Say there are community events
27 % Say it's walkable to restaurants
25 % Say it's walkable to grocery stores
10 % Say there are sidewalks
Sourced by Trulia users. Learn more about our methodology.
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