Close-up black and white photo of a white horse with a flowing mane, looking over its shoulder with a soft, contemplative expression.

20738 Monrovia Rd
Orange, 22960

Orange Country Property
$940,000


This unique homestead is a perfect investment opportunity for an extended family or rental property investor. Two families can pool their funds and have two separate units for independent living. Owners have fully remodeled the multi-family home, which has a 2 bedroom unit on the main level plus a bonus room and a 3 bedroom unit plus a bonus room on the upper level. Living space is approximately 1,400 sf on upper level and 1,200 sf on lower level. Everything is brand new including stainless steel kitchen appliances, bathrooms, bedroom carpeting, interior flooring, electrical system, plumbing, well and 10 person septic. It has been freshly painted and is move in ready! With today's demand for rental properties, this building is a cash cow! Two rental units available and everything is brand new so there shouldn't be any immediate maintenance needs. Plus, the property has 17 acres, which can be subdivided. You can build more rental properties or sell the extra land for immediate revenue. This home is conveniently located near Lake Orange, Lake Anna and the Town of Orange. Seller has put a lot of sweat equity into the renovation and is ready to make a deal! Check this one out today.

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5

Bedrooms

2600

Sq. Ft.

4

Bathroom

17

Acre(s)

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Property Details


Price History

  • $940,000 on 04-27-2025

Acreage & Description

  • Acreage: 17.11
  • Land Description: Nearly Level, Partly Wooded
  • Lot Features: Public Road
  • View Description:
  • Water Views:
  • Farm Improvements:
  • Farm Remarks:

The House

  • Year Home Built: 1960
  • Finished Square Feet: 2600
  • Unfinished Square Feet: 0
  • Bedrooms: 5
  • Bathrooms: 4 Full
  • Foundation:

Utilities

  • Cable/Internet:
  • Cooling:
  • Heating: Electric
  • Water: Individual Well
  • Sewer: Septic Tank

Schools

  • Elementary School:
  • Middle School: Other
  • High School: Orange


Property Location

20738 MONROVIA RD ORANGE, VA 22960

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