If you’re looking to build in North Madison County, check out Settlers Trace!

Just four miles off exit 95 in North Madison County, is the small neighborhood with lots of potential, Settlers Trace! This subdivision is off of Boonesborough Road and is convenient to both Winchester and Richmond.

Developed in 1998, there were about 20 acres that were subdivided into 15 total lots. There are currently 8 lots for sale and 4 existing homes in Settlers Trace (none of which have sold in the past two years).

The lots that are currently for sale are between 1 acre – 1.23 acres and are on the market for $37,000-$44,000. I think these are very affordable lots for the amount of acreage you are getting in North Madison County!

Minimum restrictions in this neighborhood are 2000 square feet for a ranch-style home, 2200 square feet for 1 ½ story homes, and 2400 square feet for a 2 story home. You must have a minimum of a 2 car garage and it can be attached or detached. Beyond that, the rest of the restrictions are pretty lax compared to other neighborhoods in this area (like Traditions or Warriors Trace). There are no mentions of an HOA, fees, or requirements of pools or fencing in the restrictions. So if you are looking for a neighborhood with some flexibility and the freedom to make your own decisions on your home, this might be the perfect place for you!  

If you’d like to know more about building your dream home in Settlers Trace, I’d love to help you! Or if you are one of the existing homeowners in this great neighborhood and are ready to sell, I can help with that too! Reach out to me at 859-353-2853 or Amanda@MARCUMsold.com. I’d love to be your realtor!

Neighborhood Standout Features:

  • Cozy and wooded
  • 1 acre – 1.23 acre lots available
  • Easy access to Winchester
  • Minimum restrictions and building requirements
  • No HOA