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10258 Malabar Cir, Mechanicsville, VA, 23116

3beds
3baths
2,528sqft
$565,000
$223price/sqft
$3,680/moest. monthly cost
$147,200/yrincome needed

About This Home

WATERFRONT property in Mechanicsville! Nestled in a quiet cul-de-sac ON THE LAKE (Colonial Forest Lake) sits this well maintained 3 bedroom, 2 1/2 bathroom brick rancher ready for its next chapter. The home has tons of natural light, gorgeous views of the lake, a separate dinning room, and an eat in kitchen. Off the kitchen is a beautiful sun room with french doors that leads to the back deck overlooking the lake. Downstairs into the partially finished basement, you will find a LARGE living room area with a wood stove, 1/2 bathroom and tons of conditioned storage space. From the basement you can access your oversized 1 car garage, or walk out of the french doors onto a covered patio in the back yard. Don't miss your chance to enjoy a large back yard, lake front access, tons of fishing, and Water views from your kitchen!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

10/10
9/10
Oak Knoll Middle SchoolGrades 6-81.9 mi
7/10
Hanover High SchoolGrades 9-121.9 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1962

Materials

  • Roof: Shingle
  • Construction materials: Brick,Drywall,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Washer Hookup,Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Garage Access,Partially Finished,Walk-Out Access

Bedroom2

  • Level: First
  • Dimensions: 12.6 x 12.2

Bedroom3

  • Level: First
  • Dimensions: 8.11 x 13.6

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Dimensions: 12.5 x 12.7

Features

  • Bookcases,Built-in Features,Bedroom on Main Level,Bay Window,Ceiling Fan(s),Dining Area,Separate/Formal Dining Room,Eat-in Kitchen,French Door(s)/Atrium Door(s),Laminate Counters,Bath in Primary Bedroom
  • Door features: French Doors,Sliding Doors
  • Flooring: Laminate,Linoleum,Tile,Wood
  • Attic: Pull Down Stairs
  • Finished area below ground: 897
  • Finished area above ground: 1,631

Half Bath

  • Level: Basement

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,528 sqft

Kitchen

  • Level: First
  • Dimensions: 21.11 x 9.3

Living Room

  • Level: First
  • Dimensions: 20.0 x 12.6

Master Bedroom

  • Level: First
  • Dimensions: 12.5 x 16.1

Other

  • Level: First

Property

Accessibility

  • Accessibility features: Accessible Full Bath,Grab Bars,Accessible Kitchen

Details

  • Parcel number: 8717556143
  • Zoning description: R1
  • Exclusions: Brown Shed

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Rear Porch,Glass Enclosed,Deck,Porch
  • Exterior features: Deck,Out Building(s),Porch,Paved Driveway
  • Fencing: None
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Lake,Lake Front,Water Access,Walk to Water,Waterfront
  • Waterbody name: Colonial Forest Lake
  • Topography of land: Sloping

Lot

  • Lot size: 0.86 Acres
  • Features: Sloped,Waterfront,Cul-De-Sac

Parking

  • Total spaces: 1.5
  • Parking features: Attached,Basement,Circular Driveway,Driveway,Garage,Off Street,Oversized,Paved,Garage Faces Rear,Two Spaces,Garage Faces Side,Unfinished Garage
  • Has garage: Yes
  • Attached garage spaces: 1.5
  • Covered spaces: 1.5
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Drought
Lightning

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,856$34,272
Home Insurance *$149$1,788
Property Taxes $432$5,184
Electricity $243$2,921
Total$3,680$44,160
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,171/yr
40% on housing$110,400/yr
45% on housing$98,133/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$223This listing

vs Other Active Listings

Avg $/sqft

ZIP 23116$207
Hanover County$221

vs Homes Sold Last Month

Median $/sqft

ZIP 23116$216
Hanover County$218

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-04Price change$549,999
2026-07-22Price change$565,000
2026-07-14Listed for sale$575,000
2003-12-03Sold$193,000

For Sale by Agent

AgentJennifer Tolley
BrokerageERA Woody Hogg & Assoc

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