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+15403715220
Long & Foster Real Estate, Inc.
5164 N Blue Ridge Tpke, Madison, VA 22727
- $550,000
- 4
- BD
- 2
- BA
- 2,866
- SqFt
- Sold Price
- $550,000
- List Price
- $575,000
- Closing Date
- Nov 20, 2025
- Status
- CLOSED
- MLS#
- VAMA2002392
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 2,866
- Lot Size (Acres)
- 2.48
- Style
- Colonial
- Year Built
- 1928
- County
- Madison
- School District
- Madison County Public Schools
Property Description
The Olive Mill House is a beautifully preserved Four-over-Four colonial farmhouse in the heart of Banco, Virginia. Originally a Sears Kit Home, it was delivered by train to Orange, VA, then transported to Banco and assembled on site. Built nearly a century ago, the home was added to the property by the Tysinger family, who operated the Olive Mill—grinding cornmeal just steps away. This 4-bedroom, 2-bath home rests on 2.4 total acres (two parcels) and has gracefully stood the test of time, retaining its original hardwood floors, front and rear staircases, high ceilings, and welcoming porches. Historic charm is found in every detail—from the antique doors and intricate moldings to the portrait rails and beautiful woodwork. Over the years, the Olive Mill House has served not only as a residence but also as a bed & breakfast, offering guests a taste of Madison County’s rich history. Outdoors, you’ll find a backyard in-ground pool—perfect for summer gatherings—set against the backdrop of one of Virginia’s most picturesque regions. The home is located on a Virginia Scenic byway, close to White Oak Falls, Old Rag, and Graves Mtn Lodge. This rare find combines historic craftsmanship with modern comfort, making it a truly special place to call home. Property will be active on the market on Sept 3rd , 2025. Three Bedroom Septic.
Additional Information
- Subdivision
- None Available
- Interior Features
- Multiple Staircases, Walk-In Shower, Ceiling Fans, Curved Staircase, Traditional Floorplan, Formal Dining, Country Kitchen, Eat-in Kitchen, Laundry Chute, Wood Floors
- School District
- Madison County Public Schools
- Elementary School
- Waverly Yowell
- Middle School
- William Wetsel
- High School
- Madison County
- Fireplaces
- 1
- Flooring
- Hardwood
- Exterior Features
- Outbuildings, Stone Retaining Walls
- View
- Trees/Woods, Mountain(s)
- Heating
- Electric Baseboard
- Cooling
- Window/Wall
- Roof
- Metal
- Water
- Well
- Sewer
- Septic Tank
Mortgage Calculator
Listing courtesy of Montague, Miller & Company. Contact:
Selling Office: EXP Realty, LLC.