1518 Caroline Street

Fredericksburg, VA
$ 1,025,000 Beds 5 Baths 3 Sq 2,910 Virtual Tour
Monthly Estimate* How much can I afford?

Own a piece of Fredericksburg history in the heart of downtown, now offered at $1,025,000 with a seller credit of up to 3% available with an acceptable offer. Credit can be used toward allowable expenses and closing costs, discount points or an interest-rate buydown. Built in 1898 by Edgar W. Mills, 1518 Caroline Street is one of the Original Three Sisters, three distinctive Italianate Victorian homes that have stood together along Caroline Street for more than 125 years. Set on a prominent corner lot in Historic Downtown Fredericksburg, the property offers a combination that is especially hard to find downtown: generous living space, a landscaped yard and dedicated off-street parking in a detached two-car garage. Downtown restaurants, shops, galleries, parks and the Rappahannock River are all nearby, while the property provides the added convenience of outdoor space and private parking at home. Inside, bright and generously sized rooms retain many of the details that give the home its character. Original hardwood floors that have never been refinished, pocket doors, classic millwork and architectural features reflect more than a century of craftsmanship and care. With five bedrooms and three full baths, the floor plan offers flexibility for a variety of uses. The main level includes a bedroom and full bath with a separate rear entrance for accessibility as well as creating options for guests, multigenerational living or a private home office. The kitchen is positioned between the adjoining eat-in area and formal dining room, creating an easy connection between everyday living and entertaining. Gracious living spaces throughout the main level provide plenty of room to gather while preserving the character and architectural definition of the home. Upstairs are four additional bedrooms, including a spacious primary suite with an updated private bath, walk-in shower and two closets, including a walk-in. One of the additional bedrooms is currently used as an office. A second full bath and conveniently located upstairs laundry serve the additional bedrooms. Outside, mature landscaping surrounds a brick patio and fountain, creating a private garden retreat in the middle of downtown. The corner setting provides additional outdoor space, while the detached two-car garage with electricity offers coveted off-street parking along with room for storage, hobbies or a workshop. Historic Downtown Fredericksburg is just outside the front door, with locally owned restaurants, shops, galleries, Market Square, the farmers market, parks and community events all close by. Just across Caroline Street, French Johns Wharf provides access to the Rappahannock River for kayaking, paddleboarding and fishing. Old Mill Park offers additional river access, a playground and green space nearby. The home has also received important updates over the years, including a new furnace in 2024, water heater in 2020 and HVAC system in 2018, along with ongoing improvements to the siding and roof. Historic homes like this arent built again. They are cared for, passed forward and given new chapters. At 1518 Caroline Street, the next one is waiting to be written.

ACTIVE

  • Price
  • $ 1,025,000
  • City
  • Fredericksburg
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • FREDERICKSBURG CITY
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.14 Acres
  • Zip
  • 22401
  • Sqr Footage
  • 2,910
  • Year Built
  • 1898
  • Taxes
  • $ 6373
  • Style
  • Victorian
  • MLS#
  • VAFB2010804
Listed By: Allison S Graves with Coldwell Banker Elite - 5403730100;
Data Source: Bright MLS

Features

General

Living Area 2910
Sewer Public Sewer
Heating Radiator,Hot Water
Cooling Central A/C
Possession Settlement,Negotiable
Roof Metal,Hip,Pitched
Appliances Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stainless Steel Appliances,Washer
Zoning R4
Garage Spaces 2.00
Patio/Porch Features Brick,Patio(s),Porch(es)
Architectural Style Victorian
Security Features Security System,Monitored
Construction Materials Wood Siding,Brick,Concrete,Mixed
School District FREDERICKSBURG CITY PUBLIC SCHOOLS
Year Built 1898
View River,City
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility 32 + wide Doors,36 + wide Halls
County FREDERICKSBURG CITY
New Construction No
Property Type Residential
HOA No
Subdivision Name HISTORIC DISTRICT
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade,Below Grade
Full Baths 3
Status ACTIVE
Directions Set on the corner of one of Fredericksburg's most iconic streets,1518 Caroline Street places you at the center of a city celebrated for its history,architecture,and vibrant downtown lifestyle. Just m
City FREDERICKSBURG
Disclosures Lead Based Paint - Federal,Prop Disclosure
Senior Community Y/N No
Lot Size Units Square Feet
Lot Size Square Feet 6100.00
Tax Assessed Value 786800.0
Tax Annual Amount 6373.0
Home Warranty Y/N No
Property Condition Excellent
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 352.23
Acceptable Financing Cash,Conventional,FHA,VA
Historic Y/N No
Lease Considered Y/N No
Vacation Rental Y/N No
Virtual Tour https://my.matterport.com/show/?m=TvkwAxeRFK1&brand=0&mls=1&
Total SQFT 2910
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Tax Lot 176
Association Recreation Fee No

Interior Features

Interior Amenities Breakfast Area,Chair Railings,Crown Moldings,Dining Area,Entry Level Bedroom,Formal/Separate Dining Room,Other,Wainscotting,Walk-in Closet(s),Window Treatments,Wood Floors
Heating Fuel Natural Gas
Basement Interior Access,Partial,Unfinished,Sump Pump,Combination,Drainage System,English,Outside Entrance
Flooring Hardwood
Total Fireplaces 6
Fireplace Features Gas/Propane,Mantel(s),Other,Non-Functioning
Hot Water Electric
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 2910
Central Air Y/N Yes
Total Bedrooms 5
Main Level Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Laundry Type Upper Floor
Bedrooms Count All Upper Levels 4
Bedrooms Count Upper Level 1 4
Bathrooms Full Upper Level 1 2
Bathrooms Full All Upper Levels 2
Bathrooms Count Upper Level 1 2.00
Bathrooms Count All Upper Levels 2
Above Grade Finished Area Unit Type Square Feet
Total Baths 3

Exterior Features

Exterior Amenities Extensive Hardscape
Pool No Pool
Fencing Fully,Wrought Iron
Parking Features Private,Asphalt Driveway
Lot Features Corner,Front Yard,Landscaping,Private,Rear Yard
Water Source Public
Inclusions 2 bookcases in front room,radiator covers in dining room,shelves/tables in cellar,1 propane fire-pit,3 stone planters
Total Parking Spaces 2
Garage Features Other,Garage - Rear Entry,Garage - Side Entry
Type of Parking Detached Garage,On Street
Land Use Code 014
Foundation Details Concrete Perimeter
Water View Y/N Yes
Lot Size Acres 0.14
Lot Size Source Estimated
Waterfront Y/N No
Horse Y/N No
Land Assessed Value 220000.00
Navigable Water Y/N No
Water Oriented Y/N No
# of Detached Garage Spaces 2

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 Columbia, MD office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

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 Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/18/2026 Listed $1,165,000
8/22/2026 7% - $1,095,000
9/8/2026 7% - $1,025,000

Property vs Zip Code Average in 22401

Price
AVG $840K
$1.03M
Taxes
AVG $4,766
$6,373
Year Built
AVG 1955
1898
Visits
AVG 371
239
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

1518 Caroline Street Fredericksburg, VA is a Single Family Home for sale at $1025000 with 2910 sqft and a lot size of 0.14 Acres Acre(s). 1518 Caroline Street Fredericksburg has 5 bedrooms, 3 baths and was built in 1898. The property's zip code is 22401 which is in Fredericksburg, 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.

Your Agent
Erin Phelps

Erin Phelps

410-381-3331

Find your home's value