6308 Jefferson Mill Road

SCOTTSVILLE, VA 24590

  • 4 Bed(s)
  • 2.5 Bath(s)
  • 1,926 Sqft
  • 12606264
    Sqft(Lot)
$7,600,000

Description

Introducing a unique opportunity to purchase a community of nine single-family homes and five finished lots in albemarle county with an additional eleven lots permitted by-right. the property is included within the 5,000 acres comprising mount ida reserve. each home and lot are located within minutes of the tasting room & tap house at mount ida reserve and downtown charlottesville, the farms at jefferson mill is a beautiful neighborhood of colonial homes situated on over 250 acres of rolling hills with extensive road and river frontage. the homes are thoughtfully constructed with similar footprints for easy management. each home lot boasts hardi-plank siding, 2,100 -3,000 square feet of living space, 4-5 bedrooms, 3.5-2.5 baths, attached 2 car garage, 20 x 12 deck and an 1,100 square foot unfinished walk-out basement roughed in for an additional bedroom and bathroom. in addition to the nine existing homes, the assemblage offers five additional buildable lots plus another eleven development rights on the remainder of the acreage for a total of 25 potential homes that can be constructed by-right. existing infrastructure (underground electric and fiber) are in place. the farms at jefferson mill can be operated as a single-family home community or managed as a short- or long-term rental community to serve the more than 50,000 annual guests of mount ida reserve. historically, long-term rentals generate an annual income of $228,000, while short-term rentals have proven to be more profitable, with recent annual earnings of $288,000. the demand for short-term rentals is remarkably consistent, with weekends generating $3,000 per stay. coupled with this income, the additional by-right development offers extensive upside for a rarified investment opportunity.

  • Property Type

    Residential

  • Subdivision

    Albemarle

  • County

    ALBEMARLE

  • Style

    Other

  • AD ID

    45544636

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Property Details

  • Bedroom Information

    • Total Bedrooms : 4
    • Total Bedroom (Upper): 4
    • Bedroom Upper Level 1: 4

    Bathroom Information

    • Total Baths: 3
    • Full Baths: 2
    • Half Baths: 1

    Water/Sewer

    • Water Source : Well

    Interior Features

    • Basement Description: Unfinished

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Heat Pump(s)
    • Cooling Fuel: Electric
    • Heating Fuel: Central

  • Building Information

    • Year Built: 2014
    • Structure: Detached
    • New Construction: No
    • Built: 2014
    • Construction Material: HardiPlank Type
    • Foundation/Basement: Concrete Perimeter
    • Architecture: Other
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: No Sewer System

    Water

    • Water Heat: Other

  • Lot Information

    • Lot Size: 12,606,264
    • Lot Size (Acres): 289.40
    • Architectural Style: Other
    • Main Square Feet: 12,606,264

    Property Information

    • SQ ft: 2,100
    • SQ ft (Living Area): 2,100
    • Total Lot SQ ft: 12,606,264
    • Subdivision: ALBEMARLE
    • Total Acreage: 289.40
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: Immediate,Settlement
    • Days Of Market: 151

  • Tax Information

    • Annual Tax: $4,259
    • Tax Year: 2023
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate,Settlement

    Assessment Information

    • Taxes Assessment Amount: $498,700

  • Parking Information

    • Garage: 2
    • Garage Type: Garage - Side Entry
    • Parking Type: Attached Garage,Driveway

    Homeowners Association Information

    • Direction: Google or Waze

  • School Information

    • School District: ALBEMARLE COUNTY PUBLIC SCHOOLS

    Utility Information

    • Water Source: Well
    • Sewer: No Sewer System
    • Cooling Fuel: Electric
    • Heating Fuel: Central
    • Hot Water: Other

    Location Information

    • Direction: Google or Waze
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BuyOwner last updated this listing 11/24/2024 @ 03:26

  • MLS: VAAB2000596
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Home, with 4 bedrooms which is for sale, it has 1,926 sqft, 12,606,264 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of SCOTTSVILLE , in zip code 24590, this ALBEMARLE County Home , it is in the ALBEMARLE Subdivision, and are nearby neighborhoods.