$1,775,000
SOLD FEB 8, 2025

127 Albert Farm Rd Monroe, VA 24574

225.15 Acres
$7,884 Price per Acre
9,807,534 Sq Ft Lot

Recently Sold

19% Below List Price

199 Days on Market

Highlights

  • Stables
  • Separate Outdoor Workshop
  • Garage
  • 225.15 Acre Lot
  • Feed Barn

About This Lot

As of February 2025

Nestled in the shadow of Tobacco Row Mountain, this scenic farm offers breathtaking panoramic views just 15 minutes from Lynchburg, VA and combines seclusion with accessibility. It features three rental homes, a farm lease, and two large ponds. Uses have included dairy, horse, and cattle farming, boasting extensive infrastructure including a seven-stable horse barn, a cattle barn with a covered riding track, a nine-stall brick calf barn, and a stone milk house, all equipped with power and water. Additional amenities include a three-car garage/shop, two storage barns, an extra cattle barn, a grain silo, and FireFly Fiber Internet. With miles of fenced pastures, the farm is ideal for diverse agricultural pursuits. Hunting opportunities for deer, turkey, and waterfowl abound, while multiple springs and proximity to public water enhance its appeal. Suitable for farming, investment, a winery, or subdivision, this versatile property offers endless possibilities in a stunning natural setting.

Last Agent to Sell the Property

Joel Hoeffner

MOP Land and Farms Realty License #0225236034 Listed on: 06/14/2024

Last Buyer's Agent

Meredith Ford

OUT OF AREA BROKER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,000

Parking

  • Garage

Schools

  • Elon Elementary School
  • Amherst Midl Middle School
  • Amherst High School

Horse Facilities and Amenities

  • Hay Storage
  • Stables

Utilities

  • Well
  • Septic System

Additional Features

  • 225.15 Acre Lot
  • Feed Barn

Community Details

Building Details

  • Net Lease

Recreation

  • Separate Outdoor Workshop

Property Details

Property Type

Land

Est. Annual Taxes

$7,000

Lot Details

0

Listing Details

  • BuildingOnProperty: Barn, Feed Barn, Garage, Hay Shed, House, Stable, Workshop
  • Directions: From Elon, VA head west on VA-130 for .4 miles and property, sign and Albert Farm Rd will be on the right.
  • Internet Providers: Firefly
  • Days On Market: No
  • Prop. Type: Land
  • Restrictions: None
  • Garage Yn: No
  • Property Sub-Type: Farm
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Paved
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No

Utilities

  • Utilities: ElectricityAvailable, Septic System, Well Exists

Schools

  • Elementary School: Elon Elem
  • High School: Amherst High
  • Middle School: Amherst Midl
  • Junior High Dist: Amherst

Lot Info

  • Best Use: Dvlp to Residential, Farming / Crops, Farming / General, Farming / Livestock, Investment
  • Current Use: Agricultural, Cattle, Farm, Grazing, Horses, Hunting, Investment, Livestock, Pasture, Plantable, Recreational, Residential, Single Family
  • Acres: 225.1500
  • Lot Size Sq Ft: 9807534.00
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 7000

Multi Family

  • Existing Lease Type: Net

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2025 02/08/25 Sold $1,775,000 -15.5% --
12/31/2024 12/31/24 Pending -- -- --
10/27/2024 10/27/24 Price Changed $2,100,000 -4.5% --
06/14/2024 06/14/24 For Sale $2,200,000 -- --
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 352907