3 Elm Court, Palmyra, VA 22963
Local realty services provided by:Better Homes and Gardens Real Estate Base Camp
Listed by: tim dudley, philip bonnie
Office: dudley resources
MLS#:2618384
Source:RV
Price summary
- Price:$385,000
- Price per sq. ft.:$114.24
- Monthly HOA dues:$100
About this home
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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Home facts
- Year built:1988
- Subdivision & Development:Lake Monticello
- Listing ID #:2618384
- Added:48 day(s) ago
- Updated:August 24, 2026 at 02:34 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Rooms Total:11
- Flooring:Ceramic Tile, Partially Carpeted, Wood
- Dining Description:Breakfast Area, Dining Area, Separate/Formal Dining Room
- Bathrooms Description:Double Vanity
- Kitchen Description:Dishwasher, Freezer, Ice Maker, Microwave, Range, Refrigerator, Stove
- Basement:Yes
- Basement Description:Finished, Garage Access, Heated
- Living area:3,370 sq. ft.
Heating and cooling
- Cooling:Attic Fan, Central Air
- Heating:Electric, Forced Air
- Central air:Yes
Structure and exterior
- Roof:Composition, Shingle
- Year built:1988
- Building area:3,370 sq. ft.
- Lot area:1.18 Acres
- Lot Features:Cul-de-sac
- Architectural Style:A-Frame, Two Story
- Construction Materials:Block, Concrete, Drywall, Plaster, Wood Siding
- Exterior Features:Balcony, Deck, Lighting, Porch, Rear Porch
- Levels:Two, Two Story
Schools
- High school:Fluvanna
- Middle school:Fluvanna
- Elementary school:Cunningham
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$385,000
- Price per sq. ft.:$114.24
- Tax amount:$3,533 (2025)
Features and amenities
- Appliances:Cooktop, Dishwasher, Dryer, Electric Water Heater, Freezer, Ice Maker, Microwave, Range, Refrigerator, Stove, Washer
- Laundry features:Dryer, Washer
- Amenities:Bay Windows, Ceiling Fans, Controlled Access, Gated Community, Granite Counters, Landscaping, Management, Security Guard, Smoke Detectors
- Pool features:Community, Concrete, Fenced, In Ground
Parking
- Parking description:Attached, Boat, Direct Access, Driveway, Garage, Garage Door Opener, Oversized, Paved, Paved Driveway
- Garage:Yes
- Garage spaces:2
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