Recently Listed Open House 6/27 2pm - 4pm
242 Island Drive
Madison, NC, 27025 $ 290,000
Bedrooms4 Baths2.0 Sq 2,032 Monthly Estimate*
$ 1,831
for $290,000 with 4 bedrooms and 2 full baths. This 2,032 square foot home was built in 1959 on a lot size of 0.42.
Welcome home to this beautifully renovated 4-bedroom, 2-bath brick ranch featuring an open floor plan filled with natural light. The stunning kitchen is the heart of the home, showcasing a massive 8-foot island with built-in cabinetry, premium cabinets, granite countertops, a granite composite sink, and new appliances. Recent updates include new flooring, renovated bathrooms, new interior and entry doors, and updated hardware. The partially finished basement offers heated and cooled flex space, perfect for a recreation room, home office, or hobby area, plus a convenient laundry room. Situated on a spacious 0.4± acre lot, you'll also enjoy a detached 2-car carport, storage shed, new back deck, and a pre-poured concrete patio with water and power. Conveniently located near Madison River Park and the Dan River for kayaking, floating, fishing, and outdoor recreation.
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Open House
6/27/2026 2:00 PM - 4:00 PM
242 Island Drive Madison, NC
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Appliances Free-Standing Range Electric Water Heater
Zoning R10MD
Garage Spaces 3
Pool Features None
Construction Materials Brick
Year Built 1959
Levels One
Property Subtype Stick/Site Built
County Rockingham
Property Type Residential
HOA No
Subdivision Name None
Total Rooms 8
Full Baths 2
Status Active
Directions Take US-220 N (I-73 N) toward Madison. Exit onto NC-704 W toward downtown Madison then turn right onto Island Drive. Continue to 242 Island Drive which will be on the right.
High School McMichael
City Madison
Listing Terms Cash Conventional FHA USDA Loan VA Loan
Elementary School Stoneville
Tax Annual Amount 2745
Middle/Junior High School Western Rockingham
Structure Type House
Standard Status Active
Additional School Info Zone Huntsville Elementary
Pool Y/N No
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InteriorBasement Partially Finished Basement
Total Fireplaces 1
Fireplace Features Living Room
Above Grade Finished Area 1561
Half Baths 0
Laundry Features Dryer Connection In Basement Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 471
Main Level Bathrooms 2
Total Baths 2
Heating Fuel Natural Gas
Water Heater Electric
Primary On Main Yes
Unfinished Square Feet Basement 928
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ExteriorParking Features Carport Driveway Attached Carport Detached Carport
Lot Features City Lot
Water Source Public
Building Area Total 2960
Lot Size Acres 0.42
Garage Description Attached Carport Detached Carport
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* Excluded FeaturesList ByKatelyn JenkinsListing Agent
Howard Hanna Allen Tate - GreensboroBroker
katelyn.jenkins@allentate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,831
- Monthly Property Taxes
- $229
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbySingle family listings in Madison, NC
Average List Price $466,322
Percent of Sale Price 61%
About Madison, NC 2,306 Population
-6% Since 2002
$ 34,752 Median Income
45.69 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
1823050 Elementary School
1823022 Middle School
McMichael High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/24/2026 | $290,000 | | Listed Price |