Lake Monticello Owners' Association

Lake Monticello Owners' Association HOA Fees, Rules & Amenities (Palmyra, VA)

Palmyra, Virginia

Last Updated: May 29, 2026

About This Community

Owners at Lake Monticello Owners' Association pay about $350 per month ($4,200 annually) in HOA dues. The community is a planned development in Palmyra, VA (ZIP 22963). Shared amenities include Pool, Golf Course, Tennis Courts, Clubhouse. Long-term rentals are allowed; short-term / Airbnb-style rentals are not. The community is pet-friendly.

Estimated Monthly HOA Fee
$350
Est. Yearly Fee$4,200/yr

HOA Rules & Restrictions

Rentals Allowed
Yes
Airbnb / Short-term Rentals
No
Pet Friendly
Yes

Parking Rules

2 car garage required, guest parking on street

Rental Status

Rentals AllowedYES

Amenities

Pool
Golf Course
Tennis Courts
Clubhouse

Frequently Asked Questions About Lake Monticello Owners' Association

Living in Palmyra, Virginia

Lake Monticello Owners' Association is one of Palmyra's HOA communities tracked on HOA's HUB. Palmyra sits in Virginia, and is part of the broader Virginia HOA market. Homeowners here are part of a planned community with monthly HOA dues averaging $350, which typically covers shared maintenance, common-area upkeep, and association management.

Before buying or moving into any Palmyra HOA, it's worth comparing fees, pet policies, rental rules, and amenities across nearby neighborhoods. Use our HOA comparison tool to put Lake Monticello Owners' Association side-by-side with other associations in the area, or read our HOA buyer guides for tips on closing costs, special assessments, and resale rules specific to Virginia.

Amenities at Lake Monticello Owners' Association include pool, golf course, tennis courts, clubhouse. Always confirm what's currently active with the HOA board before relying on any amenity for your buying decision - clubhouses, pools, and gates sometimes change status year over year.

HOA's Hub Insights

Monthly HOA assessments at Lake Monticello Owners' Association sit near the top of Palmyra's range (about $350/mo), which typically buys an enhanced amenity package and more active association management. Pet owners get a friendlier reception here than at most associations - animals are welcome, though specific breed and weight rules typically still apply. Long-term rentals are permitted, which can appeal to investors or owners who want flexibility down the road. Like most Palmyra associations, Lake Monticello Owners' Association disallows short-term rentals - buyers planning vacation-rental income should look elsewhere. Common amenities tracked here include pool, golf course, tennis courts, clubhouse. Before committing, pull the latest CC&Rs and the most recent two annual meeting minutes - fee schedules and rule sets can shift year-over-year.

🏡 Our Quick Take

💰 HOA FeesHigh
🏘️ Home TypeSingle-Family
👨‍👩‍👧 Best ForFamilies
📍 Location AppealEstablished
⚠️ RestrictionsLight

Quick Facts

Statusactive
PetsAllowed
RentalsAllowed
AirbnbNot Allowed

Contact Information

+1 434-589-8263Visit Website
41 Ashlawn Blvd, Palmyra, VA 22963, United States

Google Reviews

4.1

90 reviews

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Data Disclaimer

HOA information on this page is provided for research purposes and may change over time. Monthly fees, amenities, pet policies, rental rules, and contact details should always be verified directly with the Lake Monticello Owners' Association board, the property management company, or a licensed Virginia real estate professional before making any buying, selling, or moving decision. HOA's HUB does not guarantee the accuracy, completeness, or current status of any listed community.