4 Beds
3 Baths
2,100 SqFt
4 Beds
3 Baths
2,100 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $3,619
Subdivision Albemarle
MLS Listing ID VAAB2000596
Style Other
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 2,100
Originating Board BRIGHT
Year Built 2014
Annual Tax Amount $4,259
Tax Year 2023
Lot Size 289.400 Acres
Acres 289.4
Property Sub-Type Detached
Property Description
Set against a backdrop of over 250 acres of rolling hills, The Farms at Jefferson Mill is a picturesque neighborhood of colonial-style homes with extensive road and river frontage. The location provides a rare blend of tranquility and convenience, situated close to downtown Charlottesville and surrounded by some of the region’s most prestigious attractions.
Each home and lot in this remarkable neighborhood has been thoughtfully designed for both elegance and functionality. The homes feature hardi-plank siding and range from 2,100 to 3,000 square feet, offering 4-5 bedrooms, 2.5-3.5 baths, an attached 2-car garage, a 20 x 12 deck, and an 1,100-square-foot unfinished walk-out basement, roughed-in for an additional bedroom and bathroom. This cohesive design simplifies management, making the property ideal for both residential and investment purposes.
Beyond the nine existing homes, the assemblage includes five additional buildable lots and eleven by-right development rights on the remaining acreage, creating a total of 25 potential homes. Existing infrastructure, including underground electric and fiber, is already in place, streamlining future development.
The Farms at Jefferson Mill offers unmatched versatility: it can be operated as a traditional single-family home community or leveraged as a short- or long-term rental investment. The location’s proximity to Mount Ida Reserve, which hosts over 50,000 annual guests, ensures consistent demand for short-term rentals. Historically, long-term rentals have generated an annual income of $228,000, while short-term rentals have proven even more profitable, with recent earnings of $288,000 annually and weekend stays fetching $3,000 each. Coupled with the income potential, the additional by-right development presents a unique upside for an extraordinary investment opportunity.
Location
State VA
County Albemarle
Zoning RA
Rooms
Basement Unfinished
Interior
Hot Water Other
Heating Heat Pump(s)
Cooling Central A/C
Fireplace N
Heat Source Central
Exterior
Parking Features Garage - Side Entry
Garage Spaces 2.0
Water Access N
Accessibility None
Attached Garage 2
Total Parking Spaces 2
Garage Y
Building
Story 2
Foundation Concrete Perimeter
Sewer No Sewer System
Water Well
Architectural Style Other
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Albemarle County Public Schools
Others
Senior Community No
Tax ID 123000000034C7
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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