Unlock lifestyle, income, and investment potential with this one-of-a-kind 3,500+ sq ft raised ranch, ideally situated on 4.47 serene, wooded acres. Whether you're seeking multi-generational living, a flexible in-law setup, or a profitable rental opportunity ideal for a DSCR (Debt Service Coverage Ratio) loan, this property checks every box. Designed with versatility in mind, this home features an accessory dwelling unit offering two completely independent living spaces each with private entrances, separate laundry areas, and full kitchens making it perfect for extended family, guests, or tenants. Inside the main home, enjoy a light-filled, open-concept layout with recessed lighting, gas fireplace, and a kitchen complete with a cooktop, refrigerator, dishwasher, and pantry. The fully finished walkout basement offers even more possibilities use it as a rec room, gym, or additional living quarters. Outside, your private oasis awaits. Dive into the saltwater pool, enjoy the fenced yard, or relax under mature trees with nature as your backdrop. There's ample space for pets, gardening, or even running a home-based business dog grooming, hobby farming, creative workspace you name it. With income-generating potential is an ideal setup for today's modern homeowner or investor, this is one of Millwood’s most functional and rewarding properties.
For sale
$848,000
8314 Old Mill Ln, Spotsylvania, VA 22551
4beds
3,534sqft
Est.:
Single Family Residence
Built in 1987
4.47 Acres Lot
$838,300 Zestimate®
$240/sqft
$-- HOA
What's special
Saltwater poolGas fireplaceFully finished walkout basementFenced yardSerene wooded acresLight-filled open-concept layoutRecessed lighting
- 29 days
- on Zillow |
- 1,694 |
- 72 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 12:12pm
Listed by:
Peggi Howell 540-834-8412,
Long & Foster Real Estate, Inc.
Source: Bright MLS,MLS#: VASP2034716

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 3
- Main level bedrooms: 4
Rooms
- Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Bedroom 1, In-Law/auPair/Suite, Laundry, Office, Bathroom 1, Bathroom 3, Primary Bathroom, Full Bath, Additional Bedroom
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16 x 14
Other
- Level: Lower
- Area: 208 Square Feet
- Dimensions: 16 x 13
Bedroom 1
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10 x 11
Bedroom 2
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12 x 13
Primary bathroom
- Features: Bathroom - Stall Shower
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10 x 9
Bathroom 1
- Level: Main
- Area: 66 Square Feet
- Dimensions: 6 x 11
Bathroom 3
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12 x 13
Dining room
- Level: Main
- Area: 234 Square Feet
- Dimensions: 18 x 13
Foyer
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10 x 12
Other
- Level: Lower
- Area: 99 Square Feet
- Dimensions: 11 x 9
Other
- Level: Lower
Kitchen
- Features: Balcony Access
- Level: Main
- Area: 192 Square Feet
- Dimensions: 12 x 16
Laundry
- Level: Lower
- Area: 169 Square Feet
- Dimensions: 13 x 13
Laundry
- Level: Main
- Area: 28 Square Feet
- Dimensions: 7 x 4
Living room
- Level: Main
- Area: 645 Square Feet
- Dimensions: 43 x 15
Living room
- Features: Balcony Access
- Level: Lower
- Area: 403 Square Feet
- Dimensions: 31 x 13
Living room
- Level: Lower
- Area: 442 Square Feet
- Dimensions: 34 x 13
Office
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12 x 12
Heating
- Heat Pump, Electric, Propane
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Stainless Steel Appliance(s), Cooktop, Washer, Electric Water Heater
- Laundry: Main Level, Lower Level, Laundry Room
Features
- Bathroom - Walk-In Shower, Breakfast Area, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Walk-In Closet(s), Dry Wall
- Doors: Storm Door(s)
- Windows: Double Hung
- Basement: Combination,Connecting Stairway,Full
- Number of fireplaces: 1
- Fireplace features: Gas/Propane
Interior area
- Total structure area: 4,348
- Total interior livable area: 3,534 sqft
- Finished area above ground: 2,190
- Finished area below ground: 1,344
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Side, Circular Driveway, Asphalt, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Lighting, Sidewalks, Underground Lawn Sprinkler
- Has private pool: Yes
- Pool features: Fenced, Heated, Vinyl, Private
- Fencing: Picket,Aluminum
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 4.47 Acres
- Features: Backs to Trees, Rural
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 46540
- Zoning: A3
- Zoning description: Accessory uses as permitted by article 5, division 3
- Special conditions: Standard
- Other equipment: Negotiable
- Horses can be raised: Yes
- Horse amenities: Horses Allowed
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Raised Ranch/Rambler
- Property subtype: Single Family Residence
Materials
- Shingle Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- Excellent
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: On Site Septic
- Water: Well
- Utilities for property: Cable Available, Cable, Other Internet Service
Community & HOA
Community
- Security: Security System
- Subdivision: Millwood
HOA
- Has HOA: No
Location
- Region: Spotsylvania
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $499,700
- Annual tax amount: $3,669
- Date on market: 7/11/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: Furniture Is Negotiable
- Ownership: Fee Simple
- Total actual rent: 80000
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