What are the HOA fees in Lake Monticello Owners' Association?

The estimated monthly HOA fee for Lake Monticello Owners' Association is $275 (approximately $3,300 annually).

Does Lake Monticello Owners' Association allow rentals or Airbnb?

Lake Monticello Owners' Association restricts rentals. Short-term rentals like Airbnb are not permitted.

Is Lake Monticello Owners' Association pet friendly?

Yes, Lake Monticello Owners' Association is pet-friendly. Standard pet rules apply.

What amenities does Lake Monticello Owners' Association have?

Amenities include: Pool, Golf Course, Tennis Courts, Clubhouse.

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

Palmyra, Virginia

Last Updated: April 18, 2026

About This Community

Residential community with a welcoming atmosphere and professional management.

Estimated Monthly HOA Fee

$275

Est. Yearly Fee$3,300/yr

HOA Rules & Restrictions

Rentals Allowed

Airbnb / Short-term Rentals

Pet Friendly

Yes

Parking Rules

2 car garage required, guest parking on street

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Rental Status

Rentals AllowedNO

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Amenities

Pool

Golf Course

Tennis Courts

Clubhouse

Frequently Asked Questions About Lake Monticello Owners' Association

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HOA's Hub Insights

Lake Monticello Owners' Association is a moderately priced community located in Palmyra, Virginia, with estimated monthly HOA fees of $275. This positions it as a solid mid-range choice balancing amenities with affordability. The neighborhood features pet-friendly policies, making it appealing for animal lovers. On the rental side, Lake Monticello Owners' Association restricts rental activity, which helps maintain a stable owner-occupied community feel. Short-term rentals such as Airbnb are not permitted, which can contribute to a quieter, more residential atmosphere. Residents enjoy access to community amenities including Pool, Golf Course, Tennis Courts, Clubhouse, which add everyday value and enhance quality of life. Parking in Lake Monticello Owners' Association follows established guidelines — rules are in place to keep streets and driveways accessible for all residents. Buyer tip: always review the full CC&Rs (Covenants, Conditions & Restrictions) and recent meeting minutes before purchasing, as rules and fee structures can change. Use HOA's HUB to compare this community's fees and policies with similar neighborhoods in Palmyra to ensure you're making a well-informed decision.