Mountain Homes Realty
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5164 blue ridge turnpike

MADISON, VA 22727

$584,000

4 BEDS
2,866 SQFT2.48 AC LOT
Residential-Detached
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Bedrooms 4
Full Baths 2
Square Feet 2866
Acreage 2.48
Status Active
MLS # VAMA2002392
County MADISON
More Info
Category Residential-Detached
Status Active
Square Feet 2866
Acreage 2.48
MLS # VAMA2002392
County MADISON
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 family 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.
Location not available

Exterior Features

  • Style Colonial
  • Construction Single Family
  • Siding Wood Siding
  • Exterior Outbuilding(s), Stone Retaining Walls
  • Roof Metal
  • Garage No
  • Water Well
  • Sewer On Site Septic
  • Lot Description Backs to Trees, Landscaping, Open, Private, Rear Yard, Rural, Secluded, SideYard(s), Sloping

Interior Features

  • Appliances Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, WaterHeater
  • Heating Baseboard - Electric
  • Cooling Window Unit(s)
  • Fireplaces 1
  • Living Area 2,866 SQFT
  • Year Built 1928

Neighborhood & Schools

  • Subdivision NONE AVAILABLE
  • Elementary School WAVERLY YOWELL
  • Middle School WILLIAM WETSEL
  • High School MADISON COUNTY

Financial Information

  • Zoning A1FP

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of Montague, Miller & Company - (540) 948-6655
© Bright MLS. All rights reserved. Listings provided by Bright MLS from various brokers who participate in IDX (Internet Data Exchange). Information deemed reliable but not guaranteed.
Listing data is current as of 09/15/2025.

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