Montpelier Homes under $400,000

Montpelier Homes under $400,000

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Newest Montpelier Homes under $400,000

16324 Bent Barrel Road, Montpelier
$299,900
3 Beds ⋅ 3 Baths ⋅ CVR-2626958 MLS
A substantial homesite, an established residence and a clear path to value come together at 16324 Bent Barrel Road. Positioned on 10 wooded acres in Hanover County, this property offers the scale, privacy and improvement potential sought by buyers who recognize opportunities beyond turnkey housing. A long driveway winds through mature hardwoods to the Colonial-style home, creating a private setting convenient to Montpelier, Ashland, Short Pump and Interstate 64. The acreage is the cornerstone of the opportunity, offering mature timber and flexibility for trails, recreation, gardens, equipment or future enhancements subject to applicable approvals. Inside, the existing floor plan provides a strong starting point for renovation. Generously sized rooms, hardwood flooring and a large family room with masonry fireplace offer features worth preserving. The eat-in kitchen includes a center peninsula and bay window, while the oversized bedrooms add practical appeal. The primary suite is already configured with a private bath and walk-in closet. Cosmetic updates can reposition the interior, while the more significant needs are concentrated on the exterior, an improvement profile that allows an experienced buyer to define the scope and execute a cohesive renovation plan. A country front porch and oversized workshop further strengthen the property’s utility and provide additional elements to restore or repurpose. For an investor, contractor or value-focused buyer, the combination of land, square footage, existing improvements and location supports several possible strategies: renovate for resale, improve and hold as a long-term rental, create a private country estate or preserve the property as a long-term land investment. Property is being sold strictly AS-IS. Seller will make no repairs. Buyers should complete any inspections, feasibility studies and due diligence they consider necessary for informational purposes. Bring your contractor and evaluate the possibilities offered by this rare 10-acre Hanover County property.

16324 Bent Barrel Road, Montpelier

17747 Jefferson Highway, Montpelier
$299,995
3 Beds ⋅ 1 Baths ⋅ CVR-2625925 MLS
Welcome to 17747 Jefferson Hwy, a charming turn-of-the-century farmhouse nestled on 1.5 acres just across the Hanover County line in Montpelier, Louisa County. Brimming with character and timeless details, this 3-bedroom, 1-bath home offers a rare glimpse of classic farmhouse charm with the conveniences of important modern updates. Inside, the exposed beams, wood floors and six original fireplaces (one in each room!) create a warm and distinctive atmosphere throughout the home. While the fireplaces are non-working, they add incredible architectural character and serve as a reminder of the home's history. The expansive kitchen is a true standout, featuring beamed ceilings and plenty of space for gathering, cooking, and everyday living. Dual HVAC systems provide added comfort throughout the home. Outside, the property offers plenty of room to relax, garden, entertain, or simply enjoy the peaceful setting. Start your day on the covered front porch, gather with friends beneath the pergola, or unwind on the rear deck overlooking the fenced backyard. A large shed/workshop with electricity provides excellent space for hobbies, projects, storage, or a home workshop. Major improvements include a roof replacement in 2019, downstairs HVAC replacement in 2020, hot water heater replacement in 2022, and well pump replacement in 2024. If you're looking for a property with history, personality, acreage, and plenty of outdoor space, this unique Louisa farmhouse is ready to welcome you home! Check with your lender to see if you might be eligible for any rural development loans and/or grants! All information is deemed reliable, but should be validated by buyer/buyer’s broker.

17747 Jefferson Highway, Montpelier

18115 Old Ridge Road, Montpelier
$265,000
2 Beds ⋅ 1 Baths ⋅ CVR-2625324 MLS
Adorable, updated cottage bungalow nestled on a peaceful 3-acre setting in Hanover County! This charming 2-bedroom, 1-bath ranch offers a comfortable open floorplan with the beautifully remodeled kitchen flowing seamlessly into the family room—perfect for everyday living and entertaining. The kitchen features new white shaker cabinetry, new countertops, new sink and faucet, new appliances, and a convenient pantry. The remodeled bathroom offers a new toilet, new vanity, walk-in shower, new plumbing fixtures, & a very large linen closet. Additional updates include new LVP flooring in the main living areas, new carpet in both bedrooms, new lighting throughout, and fresh interior paint. The major updates continue with a new HVAC system, new electrical wiring, new plumbing, new well pump, and new water heater. Exterior improvements include siding that has been sealed, primed and painted where needed, along with a metal roof that has been sealed and coated with fibered roof paint. Enjoy the tranquility of this lovely 3-acre property from the welcoming front porch, where you can relax and take in the peaceful country setting—including the sweet horses and donkeys grazing across the street! Turnkey and move-in ready, this home offers an excellent opportunity for a first-time buyer, someone looking to downsize, a small scale homesteader-- think chickens and large garden--, or even an investor seeking to add a low-maintenance property to their portfolio. This one offers a private oasis without the isolation-- just 25 minutes to Short Pump, close to Rt 33, Mountain Rd corridor, & a short commute to the town of Ashland. Added bonus includes Hanover County award winning school district. Come enjoy the charm, privacy, and peaceful setting this delightful cottage has to offer! Eligible for USDA Loan, NO MONEY DOWN!!

18115 Old Ridge Road, Montpelier

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