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About This Home

This 3-bedroom, 2-bathroom single family at 738 JEFFERSON DR in Palmyra, VA is listed for $325,000 ($240 per sqft). Built in 2004, the home offers 1,352 sqft of living space on a 0.54 acres lot.

Agent Description

Opportunity awaits at Lake Monticello with this 3-bedroom, 2-bath ranch offering solid potential and a functional layout ready for your vision. Enjoy seasonal cove views and the convenience of one-level living, plus peace of mind with a newer heat pump and hot water heater already in place.

Owner is offering a $5,000 credit at closing to help with updating the flooring. The full unfinished basement offers abundant storage or future expansion possibilities with roughed-in plumbing for an additional bath. This home needs TLC and is being sold as-is, making it an excellent opportunity for investors, renovators, or buyers looking to build equity.

Located in the amenity-filled Lake Monticello community with access to lake activities, golf, beaches, parks, and more - bring your ideas and transform this property into something special!

Key Features

  • Built in 2004
  • 0.54 acre lot
  • Fireplace

Property Details

1 story
2 full
2004

Amenities

Fireplace

Monthly Cost Estimate

$3,232/mo

20% down · 6.5% · 30 years

Principal$235
Interest$1,408
Insurance$95
HOA$1,494

Estimates only. Actual payments may vary.

Location

738 JEFFERSON DR

Palmyra, VA 22963

LAKE MONTICELLO

Property Details

Flooring

CarpetVinyl

Pool Features

DeckPorch

Heating

CentralHeat Pump (Heating)

Cooling

Heat Pump

Appliances

DishwasherElectric RangeMicrowave

Questions & Answers

This 3-bedroom, 2-bathroom single family at 738 JEFFERSON DR is listed at $325,000 ($240/sqft). The estimated monthly payment is $2,902 based on 20% down at 6.5% interest.

HOA fees are $1494/month.

Key features include: Built in 2004, 0.54 acre lot, Fireplace.

This property is listed by GERRI RUSSELL and can be reached at 4345319581 or gerrirussell@howardhanna.com.

GR

GERRI RUSSELL

Agent at HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE

(434) 531-9581

Listed by HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE · View on Broker Site

MLS# 677577· Source: listhub· Updated 11 days ago

Copyright © 2026 Charlottesville Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

738 JEFFERSON DR, Palmyra, VA 22963

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