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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.

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

FireplaceBasement

Monthly Cost Estimate

$1,738/mo

20% down · 6.5% · 30 years

Principal$235
Interest$1,408
Insurance$95

Estimates only. Actual payments may vary.

Location

738 JEFFERSON DR

Palmyra, VA 22963

LAKE MONTICELLO

Property Details

Flooring

CarpetVinyl

Heating

CentralFireplace(s)Heat Pump (Heating)

Cooling

Heat Pump

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 $1,408 based on 20% down at 6.5% interest.

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 6 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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