402 Spencer Street Culpeper, VA $ 299,000
402 Spencer Street
$ 299,000
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402 Spencer Street

Culpeper, VA, 22701
$ 299,000
Bedrooms5 Baths2.0 Sq 3,189

Monthly Estimate*

$ 1,865

402 Spencer Street, Culpeper, VA 22701 - Image 1
402 Spencer Street, Culpeper, VA 22701 - Image 2
402 Spencer Street, Culpeper, VA 22701 - Image 3

Single Family Home for sale in Culpeper, VA

for $299,000 with 5 bedrooms and 2 full baths. This 3,189 square foot home was built in 1953 on a lot size of 0.44.

Property Description (Do Not Enter the Home) Fantastic Redevelopment Opportunity Downtown Culpeper! Premier corner lot (0.44 acres) located in the Town of Culpeper. The existing structure is unsafe to enter and more than likely needs to be demolished. Favorable zoning and generous lot size provide excellent potential for redevelopment build a duplex or 5 unit apartment building for income or your dream home close to downtown amenities. See site plan for 5 unit apartment building, approval most likely in the next 30-40 Days. This is also listed in Commercial....VACU2011932 The property was last used as a duplex with separate entries to a 3 BR / 1 BA unit and a 2 BR / 1 BA unit, totaling approximately 3,200 sq. ft. (per tax records). Structure is uninhabitable and offers no value. Being sold as-is. Highlights: Lot Size: 0.44 acres (corner lot) Zoning: Favorable for multi-family or single-family (verify with Town of Culpeper) Location: Walking distance to downtown shops, dining, and entertainment Utilities: Public water and sewer available Structure: Unsafe demolition required

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Single Family Pending

Price

$ 299,000

Bedrooms

5

Full Bath

2

Property Type

Single Family

Taxes

$ 2,002

Style

Colonial

Lot Size

0.44

Year Built

1953

Town/City

Culpeper

County/Region

Culpeper

MLS | Web ID

VACU2011926

Features
General
Living Area 3189
Sewer Public Septic
Heating Hot Water
Cooling Window Unit(s)
Possession Settlement
Roof Asphalt
Zoning R2
Patio/Porch Features Porch(es)
Architectural Style Colonial
Construction Materials Asbestos
School District CULPEPER COUNTY PUBLIC SCHOOLS
Year Built 1953
Levels 2
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Section 1X
Accessibility None
County CULPEPER
New Construction N
Property Type Residential
HOA N
Subdivision Name TOWN OF CULPEPER
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Full Baths 2
Status PENDING
Directions Use GPS from your location. Once in Culpeper. From Rt. 29 take ramp toward Culpeper US-15-BR S/US-BR S. Follow to traffic circle take 3rd exit from circle to N. Main St. Follow to Left on East Spence
City CULPEPER
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 19166.00
Tax Annual Amount 2002.0
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 93.76
Historic Y/N N
Vacation Rental Y/N N
Location Type Corner Lot/Unit
Standard Status Pending
Year Built Source Estimated
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Interior
Heating Fuel Natural Gas
Basement Side Entrance Unfinished
Total Fireplaces 8
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 3189
Half Baths 0
Central Air Y/N N
Total Bedrooms 5
Room Type Living Room Primary Bedroom Bedroom 2 Bedroom 3 Bedroom 4 Kitchen Bedroom 1 In-Law/auPair/Suite Other Storage Room Utility Room
Main Level Bedrooms 3
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Pool No Pool
Lot Features Corner
Water Source Public
Type of Parking Detached Carport
Foundation Details Crawl Space
Water View Y/N N
Lot Size Acres 0.44
Road Surface Type Black Top
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 82100.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 402
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* Excluded Features
List By
Montague, Miller & Company

Broker

pamdes@montaguemiller.com

Email

Affordability Calculator

$2,032
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,865
Monthly Property Taxes
$167
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
3535842 Elementary School
3535744 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/13/2025$299,000 -17.86% Price Down
11/7/2025$364,000 -3.96% Price Down
10/26/2025$379,000 Listed Price

Map


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402 Spencer Street, Culpeper, VA, 22701 is a Single Family Home for sale at $299,000 with 3,189 sqft and a lot size of 0.44. 402 Spencer Street has 5 bedrooms, 2.0 baths, and was built in 1953. The property's zip code is 22701 which is in Culpeper, VA