Welcome to 16023 Colonial Rd. in Milford, Virginia, a well-maintained brick rancher offering 3 Bedrooms, 2 Baths, Full Basement, Detached 2.5 Car Garage, offers timeless character, generous living space, and incredible potential. Lovingly cared for and owned by only two owners within the same family, this home has great bones and is ready for its next chapter. The main level features three bedrooms and two full bathrooms, along with a spacious living room, formal dining room, and hardwood floors throughout the living room, dining room, and bedrooms. The kitchen offers plenty of counter space and cabinetry and flows directly into the formal dining room, making everyday meals and entertaining easy. A screened-in porch and composite deck provide additional space to relax and enjoy the outdoors. Downstairs, the basement expands the home's possibilities with a large family room and a separate unfinished workshop area, offering excellent space for hobbies, projects, storage, or future customization. Outside, you'll find a detached 2.5-car garage providing plenty of room for vehicles, equipment, or additional workspace, along with a separate storage shed. Major improvements include a new HVAC system and water heater, both replaced in 2026. This is a wonderful opportunity to purchase a solid, well-cared-for home with the character and construction of a classic brick rancher while still having plenty of room to make it your own. Additional opportunity: The seller also owns three vacant lots located directly behind the property. The purchaser of 16023 Colonial Rd. will be given the first opportunity to purchase these lots before they are offered for sale on the open market.