1.17 acres in Fluvanna County, VA

AUCTION TERMS: Sold via online auction on the listing brokerage's website. List price does not reflect final sale price. Sold as-is, where-is. 10% buyer's premium added to high bid. Sale subject to seller confirmation. Auction ends July 24 @ 2PM. GATED LAKE MONTICELLO POOL HOME ON 1.18 ACRES 3 ELM CT, PALMYRA, VA AUCTION RESERVE IS PRICED WITH REPAIRS IN MIND. 5 Bed | 4 Bath | 3,370 SF + Finished Basement | Saltwater Pool | 1.18 Acre LotA rare find in one of Central Virginia's premier gated lake communities: a spacious, structurally sound home with a saltwater pool, an oversized lot, and room to grow priced to sell with updates factored into the Reserve. Live in it now, upgrade on your terms. On public water/sewer, low-risk flood zone. Roof, HVAC, and water heater are near end of life and reflected in pricing buy right and capture the equity yourself instead of paying a flipper's markup. STANDOUT FEATURES: In-ground saltwater pool (792 SF), pump ~5 years old -1.18 acre lot nearly double neighboring parcels-Two decks (626 & 528 SF), covered porch, storage shed-3,370 SF finished living space plus 778 SF finished basement-Heat pump w/ central air, block foundation, composition roof- LAKE MONTICELLO LIFESTYLE: Gated, privately patrolled community on a 350-acre lake with 5 beaches, marina, boat launches/slips. 18-hole golf course & Fairway Clubhouse, Ashlawn Clubhouse pool, pickleball, tennis, basketball, playgrounds, walking trails, and The Bistro dining all for ~$1,200/yr HOA. Zoned for Fluvanna County Schools (B+ Niche rating). ~15 miles / 30 min to Charlottesville & UVA. IDEAL FOR: Investors, flippers, contractors, owner-occupants, and 203(k)/renovation-loan buyers seeking more house, more land, and more amenities in a community people pay to join. RealAVMTM $582,300 | Confidence Score 93 | Range $542,200 $622,300 | As of 06/08/2026