798 Jefferson Dr, Palmyra, VA, 22963
About This Home
First time on the market! Custom built waterfront retreat in Lake Monticello. This contemporary style home with modern updates offers 77 feet of water frontage, private dock, and two decks and sunroom overlooking the water. This home is located in a cove that opens up to the main body of the lake and is within a couple blocks of the Main Beach and the clubhouse. The well-equipped kitchen showcases top-of-the-line Maytag appliances, stylish 42" Kraftmaid cabinets, and elegant Granite counter tops brightened by translucent glass backsplash tiles. The Living room and Dining room boast Hardwood floors and lofty ceilings that along with the passive lighting create an open, and light-filled atmosphere. The three sided fireplace enhance these areas. The full finished basement features a spacious rec/office room with large built-ins, an optional murphy bed, a full bathroom, laundry room, and a kitchenette perfect for entertaining. This well maintained home offers updates such as upgraded bathrooms, solid wood doors, new roof, and a 2 car garage with paved driveway.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1998
Materials
- Foundation: Block
- Roof: Composition,Shingle
- Construction materials: Stick Built,Vinyl Siding
Other
- Builder name: MVC HOMES
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Disposal,Microwave,Refrigerator,Dryer,Washer
- Laundry features: Washer Hookup,Dryer Hookup,Sink
Basement
- Has basement: Yes
- Basement: Exterior Entry,Full,Finished,Heated,Interior Entry,Walk-Out Access
Bathroom
- Level: Second
Bathroom
- Level: Basement
Bedroom
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Dining Room
- Level: First
Features
- Primary Downstairs,Walk-In Closet(s),Vaulted Ceiling(s)
- Window features: Casement Window(s),Insulated Windows,Screens,Vinyl
- Flooring: Carpet,Ceramic Tile,Hardwood
- Fireplace features: Glass Doors,Gas Log,Stone
- Fireplace: Yes
- Finished area below ground: 899
- Finished area above ground: 1,406
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Heat Pump
Interior Area
- Total structure area: 2,825
- Total interior livable area: 2,305 sqft
Kitchen
- Level: Basement
Kitchen
- Level: First
Laundry
- Level: Basement
Living Room
- Level: First
Master Bathroom
- Level: First
Master Bedroom
- Level: First
Recreation
- Level: Basement
Sunroom
- Level: First
Property
Accessibility
- Accessibility features: Grab Bars,Accessible Approach with Ramp,Accessible Doors
Details
- Parcel number: 124
- Zoning description: R-1 Residential
Features
- Levels: Two
- Stories: 2
- Pool features: Association
- Patio & porch: Rear Porch,Front Porch,Porch,Screened
- Exterior features: Porch
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Topography of land: Rolling
Lot
- Lot size: 0.31 Acres
- Features: Landscaped,Waterfront
Parking
- Total spaces: 2
- Parking features: Attached,Electricity,Garage Faces Front,Garage,Garage Door Opener
- 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
- Lightning
- Strong Wind
- Inland Flooding
- Tornado
- 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 | $3,260 | $39,120 |
| Home Insurance * | $237 | $2,844 |
| Property Taxes | $460 | $5,520 |
| Electricity | $222 | $2,664 |
| Total | $4,179 | $50,148 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-09 | Listed for sale | $649,900 |
| 1997-07-01 | Sold | $37,500 |
View on Zillow