$745,000
$975,000
23.6%For more information regarding the value of a property, please contact us for a free consultation.
TBD ALBEVANNA SPRING RD Scottsville, VA 24590
187 Acres Lot
Key Details
Sold Price $745,000
Property Type Vacant Land
Sub Type Agriculture
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 652732
Sold Date 05/01/25
HOA Y/N No
Annual Tax Amount $766
Tax Year 2023
Lot Size 187.000 Acres
Acres 187.0
Property Sub-Type Agriculture
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 Rural Area
Direction Take Thomas Jefferson to Buck Island Rd, Turn right on Martin Kings Rd, Left on Jefferson Mill Rd, Left on Albevanna Spring Rd, Property is a mile down on left
Interior
Fireplace No
Exterior
Utilities Available None
Water Access Desc Spring
Building
Sewer None
Water Spring
Schools
Elementary Schools Scottsville
Middle Schools Walton
High Schools Monticello
Others
Tax ID 12300-00-00-02100, 019A0, 02300, 023B0
Financing Cash
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Bought with FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
