Virginia
Madison
5164 N BLUE RIDGE TPKE

$575,000

5164 N BLUE RIDGE TPKE, Madison, VA 22727

4 beds |
2 baths |
2,866 sqft

Single-Family Home
Built in 1928
2.48acre lot
—— car garage
$201/sqft
Listed 1 month 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 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

General: Outbuilding(s)Stone Retaining WallsAbove GradeBelow Grade
Style: Colonial
Pool: FencedIn ground

Roofing: Metal
Windows: Double hung
General: Wood Siding2Concrete Perimeter

Originating MLS: BRIGHT_MAIN
School District: MADISON COUNTY PUBLIC SCHOOLS
County: MADISON-VA

Zoning: A1FP30 -5 AND 30-2C
View: Trees/WoodsMountain

Water: Well
Sewer: On Site Septic

Source: BRIGHT_MAIN

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

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Waverly Yowell Elementary School

1809 N Main St, Madison, VA, 22727

Grades 3-5

4.95 miles away

William H. Wetsel Middle School

186 Mountaineer Ln, Madison, VA, 22727

Grades 6-8

6.15 miles away

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.