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$975,000
Est. payment /mo
187 Acres Lot
UPDATED:
08/16/2024 04:11 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Unknown
MLS Listing ID 652732
HOA Y/N N
Originating Board CAAR
Annual Tax Amount $766
Tax Year 2023
Lot Size 187.000 Acres
Acres 187.0
Property Description
Nestled amidst the serene beauty of Scottsville, Virginia, lies an unparalleled opportunity to own an exquisite 187-acre parcel of land, once a cherished part of the illustrious 600-acre Jefferson Mill Farm. Managed with precision and care in consultation with the VA Department of Forestry, the timber on this land is a testament to its stewardship and longevity, offering substantial current and future timber value and excellent investment potential. The last planting of loblolly pine occurred in 2016, and the land is poised for selective thinning within the next 5 years. With no land preservation easements in place and currently in a forestry land use designation, the possibilities for this property are endless. Unspoiled by exploitation, this land represents an excellent investment opportunity. A number of potential uses are suggested, including hunting/recreation, timber/investment, development (with division rights), or as a quiet and beautiful sanctuary on which to build your dream home. The property fronts on the Hardware River, with great building sites above the river and State Route 622, a state-maintained hard surface road, providing accessibility and natural beauty that converge seamlessly on this remarkable property!
Location
State VA
County Albemarle
Zoning RA
Interior
Fireplace N
Exterior
Garage N
Building
Sewer No Sewer System, No Septic System
Water Spring
Schools
Elementary Schools Scottsville
Middle Schools Walton
High Schools Monticello
School District Albemarle County Public Schools
Others
Ownership Other
Special Listing Condition Standard
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Listed by MO COVINGTON • FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY