10258 Malabar Circle

Mechanicsville, VA
$ 549,999 Beds 3 Baths 2.5 Sq 2,528
Monthly Estimate* How much can I afford?

WATERFRONT property in Mechanicsville! Nestled in a quiet cul-de-sac ON THE LAKE (Colonial Forest Lake) sits this well maintained 3 bedroom, 2 1/2 bathroom brick rancher ready for its next chapter. The home has tons of natural light, gorgeous views of the lake, a separate dinning room, and an eat in kitchen. Off the kitchen is a beautiful sun room with french doors that leads to the back deck overlooking the lake. Downstairs into the partially finished basement, you will find a LARGE living room area with a wood stove, 1/2 bathroom and tons of conditioned storage space. From the basement you can access your oversized 1 car garage, or walk out of the french doors onto a covered patio in the back yard. Don't miss your chance to enjoy a large back yard, lake front access, tons of fishing, and WATER VIEWS from your kitchen!

Active

  • Price
  • $ 549,999
  • City
  • Mechanicsville
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • Hanover
  • Half Bathrooms
  • 1
  • Area
  • 44 - Hanover
  • Lot Size
  • 0.863 Acres
  • Zip
  • 23116
  • Sqr Footage
  • 2,528
  • Year Built
  • 1962
  • Taxes
  • $ 3540
  • Style
  • MLS#
  • 2618954
Listed By: Jennifer Tolley with ERA Woody Hogg & Assoc.
Data Source: Central Virginia Regional MLS (CVRMLS)

Features

General

Interior Features Bookcases,Built-in Features,Bedroom on Main Level,Bay Window,Ceiling Fan(s),Dining Area,Separate/Formal Dining Room,Eat-in Kitchen,En Suite Bathroom,French Door(s)/Atrium Door(s),Full Bath on Main Level,Laminate Counters,Bath in Primary Bedroom
Sewer Septic Tank
Heating Electric,Heat Pump
Cooling Central Air
Possession Close Of Escrow
Roof Shingle
Appliances Electric Water Heater
Exterior Features Deck,Out Building(s),Porch,Paved Driveway
Garage Spaces 1.5
Patio/Porch Features Rear Porch,Glass Enclosed,Deck,Porch
Architectural Style Ranch
Pool Features None
Construction Materials Brick,Drywall,Frame
Exclusions Brown Shed
Year Built 1962
View Water
Stories 2
Topography Sloping
Levels Two
Property SubType Single Family Residence
Tax Year 2026
Percent Ownership Individuals
Waterfront Features Lake,Lake Front,Water Access,Walk to Water,Waterfront
Accessibility Accessible Full Bath,Grab Bars,Accessible Kitchen
County Hanover
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name Colonial Forest
Garage Y/N true
Other Structures Shed(s),Outbuilding
Total Rooms 9
Full Baths 2
Status Active
Directions Turn off of Georgetown Rd onto Windermere Drive. Take your 1st left onto Malabar Circle. House will be on the left right as you get to the cul-de-sac.
High School Hanover
Body of Water Colonial Forest Lake
View Y/N true
Zoning Description R1
MLS Area 44 - Hanover
Lot Size Units Acres
Waterfront Y/N true
Elementary School Rural Point
Year Built Details Actual
Tax Annual Amount 3540.52
Middle/Junior High School Oak Knoll
Property Condition Resale
Days on Market 51
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 437100
Tax Lot 3
Ownership Type Sole Proprietor
Property Sub Type Additional Single Family Residence
Expected Active Date 2026-07-14

Interior Features

Basement Garage Access,Partially Finished,Walk-Out Access
Flooring Laminate,Linoleum,Tile,Wood
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Half Baths 1
Laundry Features Washer Hookup,Dryer Hookup
Total Bedrooms 3
Below Grade Finished Area 897
LivingAreaSource Owner
Total Baths 3

Exterior Features

Fencing None
Parking Features Attached,Basement,Circular Driveway,Driveway,Garage,Off Street,Oversized,Paved,Garage Faces Rear,Two Spaces,Garage Faces Side,Unfinished Garage
Lot Features Sloped,Waterfront,Cul-De-Sac
Water Source Well
Lot Size Area 0.863
Lot Size Acres 0.863
Door Features French Doors,Sliding Doors

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Ashland, VA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Rural Point Elementary School
Middle School Oak Knoll Middle School
High School Hanover High School

Price History

7/14/2026 Listed $575,000
7/22/2026 2% - $565,000
8/4/2026 3% - $549,999

Property vs Zip Code Average in 23116

Price
AVG $550K
$550K
Taxes
AVG $10,438
$3,540
Year Built
AVG 1989
1962

10258 Malabar Circle Mechanicsville, VA is a Single Family Home for sale at $549999 with 2528 sqft and a lot size of 0.863 Acres Acre(s). 10258 Malabar Circle Mechanicsville has 3 bedrooms, 2 baths and was built in 1962. The property's zip code is 23116 which is in Mechanicsville, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.