3 elm ct, Palmyra, VA 22963

Property is being sold through a virtual auction. Property conveys as is, where is. List price does not reflect the final sale price. There is a 10% buyers premium added to the high bid. Subject to seller confirmation. Virtual auction ends on the listing company website, July 24th, 2026 @ 2pm Own a Pool Home in Gated Lake Monticello 3 Elm Ct, Palmyra, VA 22963 | 5 Bed / 4 Bath / 3,370+/- SF with Finished Basement | 1.18+/- Acres | Saltwater Pool This is the deal investors and owner-occupants wait for: a structurally sound, larger-than-average home inside one of Central Virginia's most sought-after gated lake communities with needed repairs and updates factored into the Seller's Reserve. Livable now. Transformable later. You don't have to renovate to move in - this home lives comfortably as-is on public water and sewer, in low-risk Flood Zone. The big-ticket items are simply accounted for up front in the seller's Reserve: roof, HVAC, and water heater are at end of life, and the finishes are ready for your stamp. That's not a warning label - it's the opportunity. Buy right today and update on your own timeline, capturing the value yourself instead of paying a flipper to do it for you. The assets that set this one apart: In-ground saltwater pool (792+/- SF) with a pump only ~5 years old - a true amenity in this market and a genuine draw Oversized 1.18+/- acre lot - the "BIGGER LOT" of record, versus the typical quarter-to-half-acre parcel next door Indoor-outdoor living built in - a 626+/- SF deck, a second 528+/- SF deck, covered porch, and a storage shed 3,370+/- finished SF across two stories plus a full basement (778+/- SF already finished) - room to spread out or add living space below grade Mechanical  turn the roof / HVAC / cosmetic scope straight into your next project Owner-occupants - get into a gated lake community and build the home you want, on your own schedule Renovation-loan & 203(k) buyers - finance the improvements into your purchase and make it yours from day one Anyone who wants more - more house, more land, more amenities, and a pool, in a community people pay to get into RealAVM $582,300 Confidence Score 93 RealAVM Range $542,200 - $622,300 Forecast Standard Deviation 7 Value As Of 06/08/2026