Precious Bankole

481 Race Ground Rd

Rochelle, VA
$ 4,750,000 Beds 4 Baths 5 Sq 4,136 Virtual Tour
Monthly Estimate* How much can I afford?

A Somerset landmark along the Rapidan River, historic Glenwood offers gracious living on a 290 acre working farm of cropland and a beef cattle operation. The c. 1850 manor is newly renovated and revitalized with sumptuous features, four bedrooms, four full and one half bathrooms over a finished English basement. The original summer kitchen is steps from the house and offers an ideal space for work and creative pursuits. The three bedroom farm manager's house is also newly renovated. Outdoor living spaces offer long views of open, rolling countryside and the Southwest Mountains. The Rapidan River, popular for fly fishing and canoeing, forms a nearly mile-long boundary. Farm features include 225 acres of fenced pasture, 55 acres of highly productive riverbottom cropland, cattle feedlot for 350 head, silos, and barns. Minutes from James Madison's Montpelier, Glenwood was part of an 18th century patent by the Barbour family, whose members figure prominently in early American history. Fiber optic internet installation is underway and will be available by fall.

ACTIVE

  • Price
  • $ 4,750,000
  • City
  • Rochelle
  • Bedrooms
  • 4
  • Full Bathrooms
  • 5
  • County
  • MADISON
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 290.06 Acres
  • Zip
  • 22738
  • Sqr Footage
  • 4,136
  • Year Built
  • 1850
  • Taxes
  • $ 5819
  • Style
  • Farmhouse/National Folk
  • MLS#
  • 677782
Listed By: JULIA PARKER LYMAN with LORING WOODRIFF REAL ESTATE ASSOCIATES - 4349774005;
Data Source: Bright MLS

Features

General

Living Area 4136
Sewer Septic Exists
Cooling Heat Pump(s)
Roof Architectural Shingle
Zoning A-1
Architectural Style Farmhouse/National Folk
School District MADISON COUNTY PUBLIC SCHOOLS
Year Built 1850
Levels 3
Tax Year 2026
Ownership Other
Building Name Glenwood
Accessibility None
HOA Fee 2 0.00
County MADISON
New Construction No
Property Type Residential
HOA No
Subdivision Name NONE AVAILABLE
Garage Y/N No
Other Structures Above Grade,Below Grade
Full Baths 5
Status ACTIVE
Directions From Rt. 20 at Somerset,head north on Rt. 231. Left on Race Ground Road. Left into Glenwood.
City ROCHELLE
Disclosures Prop Disclosure
Tax Annual Amount 5819.93
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 1387.27
Construction Completed Y/N No
Vacation Rental Y/N No
Virtual Tour https://media.autoreelapp.com/renders/i2gwzlourf/out.mp4
Total SQFT 5136
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Year Built Source Estimated

Interior Features

Heating Fuel Propane - Owned
Basement Interior Access,Partially Finished,Walkout Level
Flooring Ceramic Tile,Wood
Basement (Y/N) Yes
Air Conditioning Y/N No
Fireplace Y/N No
Above Grade Finished Area 3424
Central Air Y/N No
Total Bedrooms 4
Below Grade Finished Area 712
Room Type Living Room,Dining Room,Kitchen,Family Room,Den,Foyer,Laundry,Utility Room,Full Bath,Additional Bedroom
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Estimated
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT 1000
Below Grade Unfin SQFT Source Estimated
Below Grade Finished Area Source Estimated
Bedrooms Count All Upper Levels 4
Bathrooms Count All Upper Levels 3
Bathrooms Count All Lower Levels 1
Above Grade Unfin Area Units Square Feet
Above Grade Unfin SQFT Source Estimated
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 5

Exterior Features

Water Source Well
Inclusions All appliances in house and guest house.
Foundation Details Brick/Mortar
Water View Y/N No
Building Area Total 6786.00
Lot Size Acres 290.06
Water Oriented Y/N No

Room Details

Additional Bedroom # 2 Upper 1
Additional Bedroom Upper 1
Additional Bedroom # 3 Upper 1
Den Lower 1
Dining Room Main
Family Room Main
Foyer Main
Full Bath # 4 Lower 1
Full Bath Main
Full Bath # 2 Upper 1
Full Bath # 3 Upper 1
Kitchen Main
Laundry Lower 1
Living Room Main
Utility Room Lower 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Martinsburg, WV office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Madison Primary Elementary School
Middle School William Wetsel Middle School
High School Madison (Madison) High School

Price History

5/29/2026 Listed $4,750,000

Property vs Zip Code Average in 22738

Price
AVG $4.75M
$4.75M
Taxes
AVG $5,819
$5,819
Year Built
AVG 1903
1850
Visits
AVG 346
310
Data Provided by Inside Real Estate®

Areas That We Cover

481 Race Ground Rd Rochelle, VA is a Single Family Home for sale at $4750000 with 4136 sqft and a lot size of 290.06 Acres Acre(s). 481 Race Ground Rd Rochelle has 4 bedrooms, 5 baths and was built in 1850. The property's zip code is 22738 which is in Rochelle, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Precious Bankole

Precious Bankole

240-351-5185

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