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About the Listing MTGU2 - 135231
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 family 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 Highlights for 5164 N Blue Ridge Turnpike
Status
Active
Days on Site
14
Property Type
Residential
MLS ®
VAMA2002392
Year Built
1928
Total Square Footage
2,866
Lot/Acreage
2.48
County
Madison
Neighborhood
None Available
School District
Madison County Public Schools
Elementary School
Waverly Yowell
Middle School
William Wetsel
High School
Madison County
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
- Air Cond: Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces: 1, Gas/Propane,1 Fireplace
- Floor: Hardwood
- Above Ground Sq Ft: 2866
- Below Ground Sq Ft: 0
- Basement:
- Other: 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
- Water: Well
Exterior Details
- Lot Description: Backs to Trees,Landscaping,Open,Private,Rear Yard,Rural,Secluded,SideYard(s),Sloping,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: A1FP
- Roof: Metal
- Others: Outbuilding(s),Stone Retaining Walls,Very Good
- Sewer: On Site Septic
- Parking Features: Driveway
Financial Details
- Tax Amount: $2,189
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
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Listing Location
Questions About..
5164 N Blue Ridge Turnpike Madison, VA 22727
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