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6478 Jefferson Mill Rd

SCOTTSVILLE, VA 24590
  • $7,600,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 43380
UPDATED: 41 min ago
$7,600,000
  • 0
    BEDS
  • 289.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
Area:

School Ratings & Info

Description

Introducing a unique opportunity to purchase an established, income-generating rental community of nine single-family home rentals in Albemarle County with an additional 16 homes permitted by-right. Minutes from the Tasting Room & Tap House at Mount Ida Reserve and downtown Scottsville, 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 occupies its own platted, 20-acre lot and boasts hardi-plank siding, 2,100 square feet of living space, 4 bedrooms, 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 four additional buildable lots plus another 12 development rights on the remainder of the acreage for a total of 16 additional homes that can be constructed by-right. Existing infrastructure (underground electric and fiber) are in place. The Farms at Jefferson Mill currently generates approximately $175,000 of rental revenue annually and the additional by-right development offe

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Listing information © 2022 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively 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. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Real Estate III. Data last updated 2022-06-30T18:12:46.717.
www.jeffgaffney.com/homes/129032384
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6478 Jefferson Mill Rd SCOTTSVILLE, VA 24590

  • Price: $7,600,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 41 min ago
  • MLS #: 43380
0
Beds
0
Baths
0
½ Baths
289.4
Acres
Neighborhood:
Albemarle
Area:
Albemarle
Property Description
Introducing a unique opportunity to purchase an established, income-generating rental community of nine single-family home rentals in Albemarle County with an additional 16 homes permitted by-right. Minutes from the Tasting Room & Tap House at Mount Ida Reserve and downtown Scottsville, 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 occupies its own platted, 20-acre lot and boasts hardi-plank siding, 2,100 square feet of living space, 4 bedrooms, 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 four additional buildable lots plus another 12 development rights on the remainder of the acreage for a total of 16 additional homes that can be constructed by-right. Existing infrastructure (underground electric and fiber) are in place. The Farms at Jefferson Mill currently generates approximately $175,000 of rental revenue annually and the additional by-right development offe
Property Features

Green Features No Hoa YN No Property Type Other Sewer Septic Septic Tank Tax Year 2022 Taxes 3965 Water Individual Well

Listing provided courtesy of Brightmls Office.


Listing information © 2022 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively 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. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Real Estate III. Data last updated 2022-06-30T18:12:46.717.
 
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Charlottesville VA, 22911