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15148 Johns Trace Cir, Montpelier, VA, 23192

5beds
5baths
3,569sqft
$970,000
$272price/sqft
$6,214/moest. monthly cost
$248,560/yrincome needed

About This Home

Set among mature trees in Montpelier, Millwood Landing offers private 5+ acre homesites with the opportunity to build a semi-custom Boone home, just 20 minutes from Short Pump. The Middleton floor plan features over 3,500 square feet with a layout that blends open-concept living and well-defined spaces. A flexible front room and dining area welcome you in, leading to a striking two-story family room that connects seamlessly to the kitchen and breakfast area. The kitchen includes a large island, abundant cabinetry, and natural light that carries throughout the main living spaces. The first-floor primary suite offers two walk-in closets and a spacious bath with spa-inspired finishes. Upstairs, four additional bedrooms, three full baths, and a centrally located media room provide room to spread out, host, or unwind. Optional features such as a sunroom, covered patio, or an additional upstairs primary suite allow you to tailor the home to your lifestyle. This is a to-be-built home with the ability to choose from multiple Boone Homes floor plans available within the community. Homesites are subject to a lot premium. New home contracts include $10,000 in Boone Bucks that may be applied toward the base price, closing costs, financing, or other approved options. Contact the Community Manager for details.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

6/10
6/10
Liberty Middle SchoolGrades 6-84.4 mi
4/10
Patrick Henry High SchoolGrades 9-124.2 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

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

Other

  • Builder name: Boone Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Custom,Two Story
  • Property subType: Single Family Residence

Interior

Additional Room

  • Level: Second
  • Dimensions: 16.0 x 16.2

Appliances

  • Appliances included: Dishwasher,Microwave,Oven,Tankless Water Heater

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Second
  • Dimensions: 12.1 x 12.0

Bedroom3

  • Level: Second
  • Dimensions: 11.5 x 12.0

Bedroom4

  • Level: Second
  • Dimensions: 10.11 x 12.8

Bedroom5

  • Level: Second
  • Dimensions: 17.10 x 12.6

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Dimensions: 10.4 x 16.0

Family Room

  • Level: First
  • Dimensions: 20.5 x 18.2

Features

  • Dining Area,Double Vanity,Fireplace,Granite Counters,Kitchen Island,Bath in Primary Bedroom,Main Level Primary,Pantry,Walk-In Closet(s)
  • Flooring: Carpet,Ceramic Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes
  • Attic: None
  • Finished area below ground: 0
  • Finished area above ground: 3,569

Half Bath

  • Level: First

Heating & Cooling

  • Heating features: Propane,Zoned
  • Cooling features: Zoned

Interior Area

  • Total interior livable area: 3,569 sqft

Kitchen

  • Level: First
  • Dimensions: 14.3 x 14.7

Living Room

  • Level: First
  • Dimensions: 13.10 x 12.0

Master Bedroom

  • Level: First
  • Dimensions: 13.4 x 17.8

Other

  • Level: First

Other

  • Level: Second

Sitting Room

  • Level: First
  • Dimensions: 12.0 x 14.0

Property

Details

  • Parcel number: 7841050051
  • Special condition: Corporate Listing

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Rear Porch
  • Fencing: None

Lot

  • Lot size: 5.76 Acres

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Drought
Earthquake
Inland Flooding
Lightning
Strong Wind
Tornado

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 $4,904$58,848
Home Insurance *$313$3,756
Property Taxes $654$7,848
Electricity $343$4,125
Total$6,214$74,568
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$213,051/yr
40% on housing$186,420/yr
45% on housing$165,706/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

$272This listing

vs Other Active Listings

Avg $/sqft

ZIP 23192$242
Hanover County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 23192$227
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
2026-03-25Listed for sale$955,000
2026-03-19Listing removed$945,000
2025-12-18Listed for sale$945,000
2025-12-06Listing removed$925,000
2025-09-05Listed for sale$925,000
2025-09-01Listing removed$945,000
2025-07-23Price change$945,000
2025-05-07Listed for sale$965,000
2025-04-01Sold$265,000
2024-04-04Listed for sale$1,100,000
2024-04-01Listing removed--
2024-03-13Listed for sale$1,100,000

New Construction Spec

AgentAlexander Boone
BrokerageBoone Homes Inc

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