Seller's Agent in 2023
Gary Palmer
TOWN REALTY
(434) 806-4576
214 Total Sales
Estimated Value: $2,070,000 - $4,141,000
160 ACRES OF PURE BEAUTY WITH 4 ADORABLE LOG CABINS, LAKE, MOUNTAINS & FARMHOUSE. Log cabins rest on a beautiful lake with stunning mountain views from every angle. Property provides 360 mountain views with views from the elevated dome that are breathtaking This very profitable and well managed resort has opportunities for expansion. Perfect building site elevated above the lake would be a perfect wedding venue, winery, or home site. Infrastructure in place to build 2 more cabins by the lake. Farmhouse provides another living quarter or could be rented for additional income. The cabins stay booked year around and provide a unique place for people to relax. Revenues of $338,978 in 2020 and $362,289 in 2021. Revenues can easily be increased by renting out the farmhouse. Prime location only minutes away from Wintergreen Resort, vineyards, breweries and 30 minutes from the Charlottesville area. Business and business assets sold with the property.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fs Virginia Wellness Center Llc | $3,850,000 | Chicago Title | |
| Blakeslee Duane H | $1,000,000 | Stewart Title Guaranty Co |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/28/2023 08/28/23 | Sold | $4,150,000 | -2.4% | $568 / Sq Ft |
| 07/15/2023 07/15/23 | Pending | -- | -- | -- |
| 05/22/2023 05/22/23 | For Sale | $4,250,000 | 0.0% | $581 / Sq Ft |
| 04/17/2023 04/17/23 | Pending | -- | -- | -- |
| 04/17/2023 04/17/23 | For Sale | $4,250,000 | 0.0% | $581 / Sq Ft |
| 03/03/2023 03/03/23 | Pending | -- | -- | -- |
| 11/25/2022 11/25/22 | For Sale | $4,250,000 | -- | $581 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $1,819,500 | $1,111,800 | $707,700 |
| 2024 | -- | $1,819,500 | $1,111,800 | $707,700 |
| 2023 | $5,951 | $1,819,500 | $1,111,800 | $707,700 |
| 2022 | $5,951 | $1,819,500 | $1,111,800 | $707,700 |
| 2021 | $5,175 | $1,651,500 | $1,103,800 | $547,700 |
| 2020 | $5,175 | $1,651,500 | $1,103,800 | $547,700 |
| 2019 | $5,175 | $1,651,500 | $1,103,800 | $547,700 |
| 2018 | $5,175 | $1,651,500 | $1,103,800 | $547,700 |
| 2017 | $11,807 | $1,639,900 | $1,103,800 | $536,100 |
| 2016 | $11,807 | $1,639,900 | $1,103,800 | $536,100 |
| 2015 | $1,228 | $0 | $0 | $0 |
| 2014 | $1,228 | $1,127,500 | $1,055,800 | $71,700 |
Seller's Agent in 2023
Gary Palmer
TOWN REALTY
(434) 806-4576
214 Total Sales
Buyer's Agent in 2023
Jim Faulconer
MCLEAN FAULCONER INC., REALTOR
(434) 981-0076
172 Total Sales
Source: Charlottesville area Association of Realtors®
MLS Number: 636844
APN: 33-A-8