$584,000

5164 N BLUE RIDGE TPKE, Madison, VA 22727

  • 4 beds |
  • 2 baths |
  • 2,866 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon2.48acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $204/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

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.

Listing Status:
Active
Date Added:
September 3, 2025 at 05:00AM
Listing Office:
Montague, Miller & Company : 5409486655
Listing Agent:
Patti D Lillard : 5407183300
MLS ID:
VAMA2002392
  • General: Additional StairwayBathroom - Walk-In ShowerBuilt-InsCeiling Fan(s)Curved StaircaseFloor Plan - TraditionalFormal/Separate Dining RoomKitchen - CountryKitchen - Eat-InKitchen - Table SpaceLaundry ChuteWood Floors
  • Rooms: Living RoomDining RoomPrimary BedroomBedroom 2Bedroom 3Bedroom 4KitchenFamily RoomPrimary BathroomFull Bath
  • Appliances: DishwasherDryer - ElectricOven/Range - ElectricRefrigeratorWasherWaterHeater
  • Laundry: Main FloorWasher In UnitDryer In Unit
  • Flooring: Hardwood
  • A/C: Window Unit(s)
  • Heating: Baseboard - ElectricElectric
  • Fireplace: Gas/PropaneFireplaceFireplaces: 1
  • Disability Feature: Chairlift

This listing courtesy of Patti D Lillard, Montague, Miller & Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Waverly Yowell Elementary School

1809 N Main St, Madison, VA, 22727

Grades 3-5

4.95 miles away

W

William H. Wetsel Middle School

186 Mountaineer Ln, Madison, VA, 22727

Grades 6-8

6.15 miles away

M

Madison County High School

68 Mountaineer Ln, Madison, VA, 22727

Grades 9-12

6.09 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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