481 Race Ground Rd, Rochelle, VA, 22738
About This Home
A Somerset landmark along the Rapidan River, historic Glenwood offers gracious living on a 290 acre working farm of cropland and a beef cattle operation. The c. 1850 manor is newly renovated and revitalized with sumptuous features, four bedrooms, four full and one half bathrooms over a finished English basement. The original summer kitchen is steps from the house and offers an ideal space for work and creative pursuits. The three bedroom farm manager's house is also newly renovated. Outdoor living spaces offer long views of open, rolling countryside and the Southwest Mountains. The Rapidan River, popular for fly fishing and canoeing, forms a nearly mile-long boundary. Farm features include 225 acres of fenced pasture, 55 acres of highly productive riverbottom cropland, cattle feedlot for 350 head, silos, and barns. Minutes from James Madison's Montpelier, Glenwood was part of an 18th century patent by the Barbour family, whose members figure prominently in early American history. Fiber optic internet installation is underway and will be available by fall.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1850
Materials
- Foundation: Brick/Mortar
- Roof: Architectural
- Construction materials: Stick Built
Type & Style
- Home type: SingleFamily
- Architectural style: Farmhouse
- Property subType: Farm,Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Interior Entry,Partially Finished,Walk-Out Access
Bathroom
- Level: Second
Bathroom
- Level: First
Bathroom
- Level: Basement
Bedroom
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 1
Den
- Level: Basement
Dining Room
- Level: First
Family Room
- Level: First
Features
- Entrance Foyer,Utility Room
- Flooring: Ceramic Tile,Wood
- Finished area below ground: 712
- Finished area above ground: 3,424
Foyer
- Level: First
Heating & Cooling
- Heating features: Propane
- Cooling features: Heat Pump
Interior Area
- Total structure area: 6,786
- Total interior livable area: 5,636 sqft
Kitchen
- Level: First
Laundry
- Level: Basement
Living Room
- Level: First
Master Bathroom
- Level: Second
Master Bedroom
- Level: Second
Utility Room
- Level: Basement
Property
Details
- Parcel number: 692
- Zoning description: A-1 Agricultural
Features
- Levels: Three Or More
- Stories: 3
Lot
- Lot size: 290.06 Acres
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
- Strong Wind
- Drought
- Hurricane
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $24,018 | $288,216 |
| Home Insurance * | $897 | $10,764 |
| Property Taxes | $1,939 | $23,268 |
| Electricity | $542 | $6,514 |
| Total | $27,396 | $328,752 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-07 | Listed for sale | $4,750,000 |
For Sale by Agent
View on Zillow