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8681 Hope Farm Ln, Mechanicsville, VA, 23111

2beds
2baths
1,788sqft
$525,576
$294price/sqft
$3,381/moest. monthly cost
$135,240/yrincome needed

About This Home

The Lillie is the one level townhome you've been looking for. Complete with 2-car garage, the Lillie provides just the right amount of space. Enter from your garage and into the laundry room and mud room, complete with an additional storage closet. A study with French doors provides the perfect space to set up your home office, play room for the grandkids, or anything that renews your energy. The open concept layout offers a kitchen with pantry and large island overlooking the dining area and family room, perfect for keeping everyone connected. Your primary bedroom is tucked down a hallway with a spacious primary bath and large walk-in closet. At the front of the home you'll find an additional bedroom and full bath.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

7/10
9/10
Atlee High SchoolGrades 9-123.7 mi

Construction

Condition

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

Other

  • Builder name: Eagle Construction of VA, LLC

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Walk-In Closet(s)

Interior Area

  • Total interior livable area: 1,788 sqft

Property

Details

  • Parcel number: 8715013764

Features

  • Levels: 1.0
  • Stories: 1

Parking

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

  • Earthquake
    EarthquakeModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Earthquake
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 $2,657$31,884
Home Insurance *$168$2,016
Property Taxes $354$4,248
Electricity $202$2,433
Total$3,381$40,572
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$115,920/yr
40% on housing$101,430/yr
45% on housing$90,160/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

$294This listing

vs Other Active Listings

Avg $/sqft

ZIP 23111$211
Hanover County$221

vs Homes Sold Last Month

Median $/sqft

ZIP 23111$229
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
2026-04-21Listed for sale$525,576

New Construction Spec

BrokerageEagle Construction of VA, LLC

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