**” MAJOR PRICE IMPROVEMENT - NOW OFFERED AT JUST $475,000! ”** Exceptional value for this beautiful 3-bedroom, 2.5-bath ranch situated on over 3 private acres in the desirable Malvern of Madison community. This spacious home offers over 2,400 finished square feet, a large walkout basement with endless potential, an oversized attached garage, a whole-house reverse osmosis water filtration system, and a Generac whole-house standby generator for year-round peace of mind. Enjoy community amenities including a lake, clubhouse, swimming pool, and playground, all while being just minutes from Madison and a short drive to Shenandoah National Park, wineries, breweries, and Charlottesville. **The sellers have made a substantial price adjustment and are motivated to sell. At $475,000, this home represents one of the best values currently available in Madison County. Schedule your private showing today. Welcome home to three generously sized, light filled bedrooms on the main floor, with 2-1/2 bathrooms, a large walkout basement and stairs to an unfinished bonus room in the attic. The laundry/mud room is conveniently located on the main floor off the oversized attached two-car garage. A flex space that can be used as your home office or living room is located just off the foyer. There is a large family room boasting a cathedral ceiling and a cozy gas fireplace, perfect for gathering around on those chilly winter evenings. A whole house reverse osmosis water filtration system and a new (2022) Generac standby power system that will automatically kick on when the power goes out give peace of mind to the rural lifestyle. This pastoral three acres is conveniently located just a short drive from the quaint town of Madison, Shenandoah National Park, Monticello, Luray Caverns, James Monroe's Highland, antique stores, several breweries, and numerous wineries. Additionally, this well-established and friendly community boasts a clubhouse, recreational lake, outdoor pool and play area for children.