$745,000
$455,000
63.7%For more information regarding the value of a property, please contact us for a free consultation.
187 Acres Lot
SOLD DATE : 05/01/2025
Key Details
Sold Price $745,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Albemarle
MLS Listing ID 2500559
Sold Date 05/01/25
HOA Y/N No
Annual Tax Amount $400
Tax Year 2024
Lot Size 187.000 Acres
Acres 187.0
Property Description
This 187-acre property with 20 Division Rights is being sold through a virtual auction on the listing company website. Online -non contingent sale ends February 6th at 2PM. The auction is subject to seller confirmation. There is a 10% buyers premium associated with this sale. The total property is comprised of 4 separate PIDs: see below with acreage. The auction company will sell each PID separately and also as an entirety. The closest known address of record is 7210 Albevanna Spring Rd.
PID 12300-00-00-023B0 - 19.197 Acres
PID 12300-00-00-02300 - 55.419 Acres
PID 12300-00-00-02100 - 34.932 Acres
PID 12300-00-00-019A0- 76.922 Acres
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 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 piece of land. Nature enthusiasts and outdoor aficionados will delight in the abundant wildlife and game that call this property home.
Location
State VA
County Albemarle
Community Albemarle
Area 230 - Albemarle
Body of Water Hardware River
Exterior
Utilities Available Cable Available, Natural Gas Available, Satellite Internet Available, Electricity Available, Sewer Not Available
Waterfront Description River Front,River Access
Street Surface Paved
Building
Lot Description Additional Land Available, Buildable, Hardwood Trees, Split Possible
Sewer None
Water Well Needed
Schools
Elementary Schools Scottsville
Middle Schools Leslie H. Walton
High Schools Monticello
Others
Tax ID 12300-00-00-02100, 019A0, 02300, 023B0
Ownership Individuals
Financing Cash
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