Scottsville, VA 24590,TBD ALBEVANNA SPRING RD
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Scottsville, VA 24590,TBD ALBEVANNA SPRING RD
Scottsville, VA 24590,TBD ALBEVANNA SPRING RD
Scottsville, VA 24590,TBD ALBEVANNA SPRING RD
Scottsville, VA 24590,TBD ALBEVANNA SPRING RD

$745,000

Est. payment /mo

$975,000

23.6%
Est.Price: ?

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TBD ALBEVANNA SPRING RD Scottsville, VA 24590

187 Acres Lot

SOLD DATE : 05/01/2025

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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CAAR - GAAR - HRAR
Listed by FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
Bought with FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY

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