65 Chestnut Rail Ln

2,376 Sq. Ft.
$200 / Sq. Ft.
2,376
Sq. Ft.
$200
per Sq. Ft.

Description

Seller accepted a sight unseen offer and this property is fully under contract. Exceptional lakefront living on 3 private acres in Madison County, offering breathtaking water views and effortless one-level living. This beautifully updated 3-bedroom, 2-bath home showcases a light-filled open floor plan with vaulted ceilings, gleaming hardwood floors, and expansive windows designed to frame the lake from nearly every room. The upgraded kitchen features quartz countertops, abundant cabinetry, and a...Seller accepted a sight unseen offer and this property is fully under contract. Exceptional lakefront living on 3 private acres in Madison County, offering breathtaking water views and effortless one-level living. This beautifully updated 3-bedroom, 2-bath home showcases a light-filled open floor plan with vaulted ceilings, gleaming hardwood floors, and expansive windows designed to frame the lake from nearly every room. The upgraded kitchen features quartz countertops, abundant cabinetry, and a spacious eat-in area, seamlessly connecting to a dedicated dining space ideal for entertaining. The oversized primary suite serves as a private retreat with serene water views that create a true sense of escape. Outdoor living is equally impressive with a multi-tiered wraparound deck perfectly positioned to take in the tranquil waterfront setting. A paved circular driveway, carport, and a detached heated and cooled office or studio provide added convenience and flexibility for remote work, guests, or creative use. Located in the sought-after Malvern of Madison community, residents enjoy access to a private lake, pool, clubhouse, and playground, along with Comcast high-speed internet availability. A rare opportunity to own a private, move-in ready lakefront property with acreage, combining peaceful country living with modern comfort and convenience. Some photos have been virtually enhanced, More info and additional photos coming soon.
  1. Listed by Dianna Banks • RE/MAX Gateway
    P: (540)-729-6661 dbanksrealtor@gmail.com

Property Details for 65 Chestnut Rail Lane

Tax ID Number
49 2 42
Ownership
Fee Simple
Condo Coop Association
No
HOA
Yes
Structure Type
Detached
Style
Ranch/Rambler
Levels/Stories
1
Waterfront
Yes
LISTING UPDATED: 04/07/2026 03:50 PM

Property Details for 65 Chestnut Rail Lane

StatusPending
MLS #VAMA2002670
Days on Market1
Taxes$2,387 / year
HOA Fees$575 / year
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1990
Lot Size3.04 AC / 132,422 SF
CountyMadison County

Location

Listing Courtesy of RE/MAX Gateway
Add your commute

Building Information for 65 Chestnut Rail Lane

Stories1Year Built1990Building Size-Lot Size3.04 AC / 132,422 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$2,639 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,392

Property Taxes

$199

HOA Dues

$48

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 65 Chestnut Rail Lane

Location
Location
  • In City Limits: No
  • School District Name: MADISON COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138932292
  • SchoolDistrictSource: 3rd Party
  • Elementary School: WAVERLY YOWELL (MADISON VA)
  • ElementarySchoolSource: 3rd Party
  • Middle Or Junior School: WILLIAM H. WETSEL (MADISON VA)
  • MiddleSchoolSource: 3rd Party
  • High School: MADISON COUNTY (MADISON VA)
  • HighSchoolSource: 3rd Party
  • County: MADISON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: Yes
  • Water Access Features: Boat - Electric Motor Only, Boat - Length Limit, Canoe/Kayak, Fishing Allowed
  • Water Oriented: Yes
  • Navigable Water: No
  • Water Body Type: Lake
  • Water Frontage In Feet: 335.0
Association / Community Info
Association / Community Info
  • HOA Name: MALVERN OF MADISON
  • HOA Phone: 540-948-3132
  • HOA Condo Coop Amenities: Club House, Tot Lots/Playground, Pool - Outdoor, Water/Lake Privileges
  • Property Manager Y/N: No
  • Senior Community: No
  • Type of Condo: Home Owner Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $468,000
  • Year Assessed: 2025
  • Improvement Assessed Value: $313,400
  • Land Assessed Value: $154,600
  • Clean Green Assessed: No
  • Land Use Code: 2
  • Zoning: A1
  • Tax Lot: 42
  • School Tax: $0
  • Automatically Update Tax Values Y/N: No
Rooms
Main
  • # Bedrooms Count Main Level: 3
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
Rooms
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Foyer, Bedroom 1, Laundry, Primary Bathroom
  • Stories: Main
Rooms Information
Room 1
  • Room Type: Foyer
  • Room Level: Main
  • Room Exists: Yes
Room 2
  • Room Type: Primary Bedroom
  • Room Level: Main
  • Room Exists: Yes
Room 3
  • Room Type: Primary Bathroom
  • Room Level: Main
  • Room Exists: Yes
Room 4
  • Room Type: Kitchen
  • Room Level: Main
  • Room Exists: Yes
Room 5
  • Room Type: Dining Room
  • Room Level: Main
  • Room Exists: Yes
Room 6
  • Room Type: Laundry
  • Room Level: Main
  • Room Exists: Yes
Room 7
  • Room Type: Bedroom 1
  • Room Level: Main
  • Room Exists: Yes
Room 8
  • Room Type: Bedroom 2
  • Room Level: Main
  • Room Exists: Yes
Room 9
  • Room Type: Family Room
  • Room Level: Main
  • Room Exists: Yes
Building Info
Building Info
  • Year Major Reno Remodel: 2022
  • Total Finished SQFT: 2,376.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Features: Open, Sloping
Parking
Parking
  • Type Of Parking: Detached Carport, Driveway
  • Driveway - # of Spaces: 6
  • Detached Carport - # of Spaces: 1.0
Interior Features
Interior Features
  • Interior Features: Combination Kitchen/Dining, Combination Dining/Living, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Primary Bath(s), Walk-in Closet(s), Window Treatments, Wood Floors
  • Fireplace: No
  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Exhaust Fan, Oven/Range - Electric, Refrigerator, Trash Compactor, Washer
  • Accessibility Features: None
  • Laundry Type: Main Floor
Exterior Features
Exterior Features
  • Exterior Features: Flood Lights, Outbuilding(s), Play Area
  • Pool: Yes - Community
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Heat Pump(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Well
  • Sewer Septic: On Site Septic
Confidential Data
Listing Office
  • List Agent AOR: Greater Piedmont REALTORS
  • List Agent URL: www.DiannaBanks.com

Property History for 65 Chestnut Rail Lane

DateEvent & SourcePriceAppreciation
Apr 7, 2026

Pending

BRIGHT #VAMA2002670

Apr 7, 2026

Listed (Active)

BRIGHT #VAMA2002670

$475,000
May 10, 2018

Closed

CAAR #562059

$279,000
DateEvent & SourcePrice
04/07/2026

Pending

BRIGHT #VAMA2002670

04/07/2026

Listed (Active)

BRIGHT #VAMA2002670

$475,000
05/10/2018

Closed

CAAR #562059

$279,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 65 Chestnut Rail Lane

Taxable ValueLand$154,600Additions$313,400Total$468,000
Tax Record2025$2,387 ($199 / month)
Home Facts
Beds3Total Finished SqFt2,376 SqFtAbove Grade Finished SqFt2,376 SqFtStories1Lot Size132,422 SqFtStyleSingle Family ResidenceYear Built1990ZoningA1CountyMADISONAPN49 2 42

Schools near 65 Chestnut Rail Lane

This home is within Madison County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Madison Primary School
PublicPK to 2

Waverly Yowell Elementary School
Public3 to 5

William H. Wetsel Middle School
Public6 to 8

Madison County High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Gateway

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 04/07/2026 03:50 PM