3 Elm Court, Palmyra, VA 22963
- $385,000
- 5
- BD
- 4
- BA
- 3,370
- SqFt
- List Price
- $385,000
- MLS#
- CVR-2618384
- Year Built
- 1988
- Stories
- 2
- Bedrooms
- 5
- Bathrooms
- 4
- Baths Half
- 1
- Living Area
- 3,370
- Acres
- 1.18
- Region
- 228 - Fluvanna
- Subdivision
- Lake Monticello
- Neighborhood
- Lake Monticello
Property Description
GATED LAKE MONTICELLO POOL HOME ON 1.18± ACRES — 3 ELM CT, PALMYRA, VA 5 Bed | 4 Bath | 3,370± SF + Finished Basement | Saltwater Pool | 1.18± Acre Lot A rare find in one of Central Virginia's premier gated lake communities: a spacious, structurally sound home with a saltwater pool, an oversized lot, and room to grow — priced to sell with updates factored into the Reserve. Live in it now, upgrade on your terms. On public water/sewer, low-risk flood zone. Roof, HVAC, and water heater are near end of life and reflected in pricing — buy right and capture the equity yourself instead of paying a flipper's markup. STANDOUT FEATURES: In-ground saltwater pool (792± SF), pump ~5 years old - 1.18± acre lot — nearly double neighboring parcels- Two decks (626± & 528± SF), covered porch, storage shed- 3,370± SF finished living space plus 778± SF finished basement- Heat pump w/ central air, block foundation, composition roof- LAKE MONTICELLO LIFESTYLE: Gated, privately patrolled community on a 350-acre lake with 5 beaches, marina, boat launches/slips. 18-hole golf course & Fairway Clubhouse, Ashlawn Clubhouse pool, pickleball, tennis, basketball, playgrounds, walking trails, and The Bistro dining — all for ~$1,200/yr HOA. Zoned for Fluvanna County Schools (B+ Niche rating). ~15 miles / 30 min to Charlottesville & UVA. IDEAL FOR: Investors, flippers, contractors, owner-occupants, and 203(k)/renovation-loan buyers seeking more house, more land, and more amenities in a community people pay to join. RealAVM™ $582,300 | Confidence Score 93 | Range $542,200–$622,300 | As of 06/08/2026
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Additional Information
- Taxes
- $3,533
- Hoa Fee
- $1,200
- Interior Features
- Bookcases, Built-in Features, Bedroom on Main Level, Breakfast Area, Bay Window, Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Granite Counters
- Appliances
- Cooktop, Dryer, Dishwasher, Electric Water Heater, Freezer, Ice Maker, Microwave, Range, Refrigerator, Stove, Washer
- Heating
- Electric, Forced Air
- Cooling
- Central Air, Attic Fan
- Flooring
- Ceramic Tile, Partially Carpeted, Wood
- Amenities
- Landscaping, Management
- Exterior Features
- Deck, Lighting, Porch, Storage, Shed, Paved Driveway
- Garage Spaces
- 2
- Roof
- Composition, Shingle
- Elementary School
- Cunningham
- Middle School
- Fluvanna
- High School
- Fluvanna
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Listing courtesy of Dudley Resources.