487 Old Forge Way, Madison, VA 22727
Property image
Property image
OFF MARKET

$509,700

Trulia Estimate
  • 4 Beds
  • 2.5 Baths
  • 2,334 sqft (on 3 acres)

487 Old Forge Way, Madison, VA 22727

Est. Refi. Payment $2,941/mo*
Refinance Your Home
Currently Off Market - Sold Sep 20, 2022 for $425,000

Home Value

Trulia Estimate
$510K
Since last month
Decreased$6K (-1.1%)
Since last year
Decreased$300 (-0.1%)
Since last sale
Increased$85K (+20%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +79% in the last 10 years
MonthEstimated value
2026
August 2026$510K
August 2026$510K
July 2026$516K
June 2026$517K
May 2026$518K
April 2026$516K
March 2026$514K
February 2026$505K
January 2026$502K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1167 Covered Bridge Dr, Madison, VA
0.57
Single-Family Home
$565,000
04/09/26
3
2.5
2,292
14 Surrey Ct, Madison, VA
0.63
Single-Family Home
$505,000
08/21/26
3
2.5
2,404
65 Chestnut Rail Ln, Madison, VA
0.77
Single-Family Home
$490,000
04/30/26
3
2
2,376
1298 Covered Bridge Dr, Madison, VA
0.66
Single-Family Home
$352,000
09/19/25
3
2.5
3,652
481 Malvern Dr, Madison, VA
0.79
Single-Family Home
$499,900
02/24/26
4
2
3,467
3057 Oak Park Rd, Madison, VA
0.84
Single-Family Home
$479,000
10/27/25
4
3
2,580
183 Sleigh Bell Ln, Madison, VA
0.52
Single-Family Home
$525,000
04/24/26
4
3
-
241 Happy Hills Ln, Madison, VA
1.04
Single-Family Home
$446,500
02/13/26
3
3
2,812
Pine torch Ln, Madison, VA
0.47
Single-Family Home
$87,000
11/24/25
3
2
1,670
116 Riding Trail Ln, Madison, VA
1.51
Single-Family Home
$550,000
02/27/26
4
3
1,827

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
94 Anvil Ct, Madison, VA 22727
0.10
$508,500
3
2
2,432
Off Market
94 Anvil Ct #B, Madison, VA 22727
0.10
$507,500
3
2
2,432
Off Market
601 Old Forge Way, Madison, VA 22727
0.15
$704,400
4
3
4,022
Off Market
20 Anvil Ct, Madison, VA 22727
0.15
$494,800
3
2.5
2,569
Off Market
279 Carriage Ln, Madison, VA 22727
0.26
$573,100
3
3
3,534
Off Market
Windmill Ln, Madison, VA 22727
0.31
-
-
-
-
Off Market
240 Windmill Ln, Madison, VA 22727
0.31
$519,000
3
2
1,600
For Sale
573 Liberty Ln, Madison, VA 22727
0.36
$419,800
3
2
2,184
Off Market
477 Covered Bridge Dr, Madison, VA 22727
0.40
$513,100
4
3.5
3,147
Off Market
Pine Torch Ln #78A, Madison, VA 22727
0.41
-
-
-
-
Off Market
Liberty Ln, Madison, VA 22727
0.41
$127,000
-
-
-
Recently Sold
60 Bee Gum Way, Madison, VA 22727
0.43
$539,000
3
3.5
2,400
For Sale

Local Information

  • Map ViewExplore the area around 487 Old Forge Way.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2001
3 acre lot
2,334 sqft
$218/sqft
Garage

About this House

Nice 4 Br home on 3 ac in the Malvern of Madison community. The spacious 1st floor master suite includes a walk- in closet & private bath. The country kitchen has all new stainless appliances and is open to the family room area. Separate living and dining rooms. Three upstairs bedrooms & a large bonus room over the garage with access through a bedroom. 2nd floor office. All rooms freshly painted. New durable laminate floors in all bedrooms. Hardwood in the living, kitchen and family rooms. Private back yard & deck. 3Br Septic. Comcast Internet ! Four year old Roof ! Malvern includes a community pool, lake and tot lot. Miles of private paved road for walking or biking.
487 Old Forge Way, Madison, VA 22727 is a 4 bedroom, 3 bathroom, 2,334 sqft single-family home built in 2001. It last sold for $425,000 on Sep 20, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $509,700, with a rent estimate of $3,117/month.

Home Details for 487 Old Forge Way

Interior Features

Interior Details
BasementNumber of Rooms: 10Types of Rooms: Walk In Closet, Dining Room
Heating & Cooling
Heating: ElectricAir ConditioningCooling System: CentralHeating Fuel: Electric
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Appliances & Utilities
DryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: OtherDeckExterior: VinylFoundation Type: Other
Parking & Garage
GarageParking Spaces: 4Parking: Garage Attached

Property Information

Year Built
Year Built: 2001
Property Type / Style
Property Type: Single Family HomeArchitecture: Cape Cod

Lot Information

Lot Area: 3.00 acres

Price and Tax history

DateEventPrice
Sep 20, 2022
Source: Bright MLS #VAMA2000616
Sold
$425,000
Aug 27, 2022
Source: Bright MLS #VAMA2000616
Contingent
$439,000
Jul 17, 2022
Source: Bright MLS #VAMA2000616
PriceChange
$439,000
Price decreased by 2%
Jun 24, 2022
Source: Bright MLS #VAMA2000616
PriceChange
$449,000
Price decreased by 4%
Jun 3, 2022
Source: Bright MLS #VAMA2000616
Listed For Sale
$469,000

Market trends in Aroda

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
5
1MoM

Around this home

What Locals Say about Aroda

At least 2 Trulia users voted on each feature.

  • 100 % Say car is needed

  • 100 % Say yards are well-kept

  • 100 % Say there's wildlife

  • 100 % Say parking is easy

  • 75 % Say there's holiday spirit

  • 67 % Say they plan to stay for at least 5 years

  • 60 % Say it's quiet

  • 50 % Say people would walk alone at night

  • 38 % Say neighbors are friendly

  • 33 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Rebecca Wareham
    "I’ve loved Madison County longer than I’ve lived here. I’ve lived here for a year, loved it for close to 15. The mountains, animals, and people are the best."
    0
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LGBTQ Local Legal Protections

Frequently asked questions about 487 Old Forge Way

  • What is 487 Old Forge Way estimated to be worth?
    Trulia's estimated value for 487 Old Forge Way in Madison, VA is $509,700.
  • What is the price history for 487 Old Forge Way?
    487 Old Forge Way in Madison, VA last sold for $425,000 in September 2022.
  • Is Madison a buyer's or seller's market?
    Madison is currently a seller's market, based on recent for-sale activity.
  • What are the closest schools to 487 Old Forge Way?
    The closest schools to 487 Old Forge Way in Madison, VA are Madison County High School (rated 6/10), Madison Primary School (Pre-K, rated 5/10), Waverly Yowell Elementary School (rated 4/10).
  • Does 487 Old Forge Way have air conditioning?
    Yes, 487 Old Forge Way in Madison, VA has air conditioning.
  • Does 487 Old Forge Way have laundry facilities?
    Yes, 487 Old Forge Way in Madison, VA has in-unit laundry.

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