505 N James St, Hanover, VA 23005

• 4 beds |
• 3 baths |
• 1,998 sqft

Property Description

Nearly complete 4-bedroom, 3-bath renovation just half a mile from Randolph-Macon College. This 1,998 sq ft home sits on a 0.21-acre lot in a highly desirable Ashland location with strong resale and rental demand. An appraisal is already in hand at $450,000, offering built-in equity and clarity for buyers and investors alike. All permits and approved plans are completed and included, significantly reducing time, cost, and uncertainty. Major systems are well underway with HVAC, electrical, and plumbing approximately 80% complete—the remaining work primarily consists of drywall and final finishes, allowing a buyer to customize and bring this project across the finish line efficiently. With its proximity to Randolph-Macon College, this property is ideally positioned for primary residence buyers, long-term rental strategies, or student-adjacent housing demand. A rare opportunity to step into a mostly completed renovation in one of Ashland’s most sought-after areas. Plans included. Appraisal included. Location, progress, and value already established.

Listing Status:

Active

Data Last Updated:

February 11, 2026 at 3:18PM

Listing Office:

EXP Realty LLC : (804) 729-5188

Listing Agent:

Danae Dobler : (804) 475-4668

MLS ID:

2601931

Interior

• Basement: Crawl Space
• Flooring: Wood
• A/C: Electric
• Heating: Electric

Exterior

• Style: Dutch Colonial
• Pool: None

Construction

• Roofing: Shingle
• General: FrameVinyl Siding2

Location

• Originating MLS: CVR
• County: Hanover

Lot

• Zoning: NORTH ASHLAND RESUB LOT 7A BLK F7870-74-0620
• Fencing: None

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CVR
• Ownership: IndividualsSole Proprietor