Change Real Estate Presents:

5164 N Blue Ridge Turnpike
Madison VA 22727

Sold for $550,000.00 Closed

Close Date: 2025-11-20

Madison
4 bedrooms
2 bathrooms
2,866 build ft2
108,028.800 land ft2

About This Property

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 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 Agent: Patti D Lillard. Montague, Miller & Company 540-718-3300 pattidlillard@yahoo.com

Virtual Tours / Videos

https://player.vimeo.com/video/1110368174

Property Features

Location Information
County:
Subdivision: NONE AVAILABLE
click to open map in a new window
Interior Features
Appliances: Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, WaterHeater
Interior: Additional Stairway, Bathroom - Walk-In Shower, Built-Ins, Ceiling Fan(s), Curved Staircase, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Country, Kitchen - Eat-In, Kitchen - Table Space, Laundry Chute, Wood Floors
Laundry:
Furnished: None
Flooring: Hardwood
Water: Well
Cooling: Window Unit(s)
Heating: Baseboard - Electric
Fireplaces: 1
Windows: Double Hung
Utilities:
Sewer: On Site Septic
Rooms
Room Type: Primary Bedroom
Features: Flooring - HardWood, Bathroom - Walk-In Shower
Level: Upper 1
Room Type: Primary Bathroom
Features: Bathroom - Walk-In Shower
Level: Upper 1
Room Type: Bedroom 2
Features: Flooring - HardWood, Ceiling Fan(s)
Level: Upper 1
Room Type: Bedroom 3
Features: Flooring - HardWood, Ceiling Fan(s)
Level: Upper 1
Room Type: Bedroom 4
Features: Flooring - HardWood, Ceiling Fan(s)
Level: Upper 1
Room Type: Living Room
Features: Flooring - HardWood
Level: Main
Room Type: Family Room
Features: Built-Ins, Ceiling Fan(s)
Level: Main
Room Type: Dining Room
Features: Flooring - HardWood, Chair Rail, Fireplace - Gas
Level: Main
Room Type: Kitchen
Features: Flooring - HardWood, Ceiling Fan(s), Chair Rail
Level: Main
Room Type: Full Bath
Features: Bathroom - Walk-In Shower
Level: Main
Exterior Features
Year Built: 1928
Subdivision Name: None Available
Exterior Features: Outbuilding(s), Stone Retaining Walls
Schools
Elementary School: Waverly Yowell
Junior High School: William Wetsel
High School: Madison County

IDXListing Courtesy of Patti D Lillard. Montague, Miller & Company 540-718-3300 pattidlillard@yahoo.com

Property Photos [Click to enlarge]

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