$7,600,000

6308 Jefferson Mill Rd Scottsville, VA 24590

Estimated payment $42,329/month

Total Views 23,486
4 Beds
2.5 Baths
2,100 Sq Ft
$3,619 Price per Sq Ft

Highlights

  • 289.4 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Leslie H. Walton Middle School Rated A
  • 2 Car Attached Garage

About This Home

Introducing an extraordinary opportunity to own a community of nine single-family homes and five finished lots, with an additional eleven lots permitted by-right, nestled in the heart of Albemarle County. This property is ideally situated within the exclusive 5,000-acre Mount Ida Reserve, offering unparalleled proximity to Charlottesville’s finest destinations. Just minutes from the world-renowned Trump Winery and the luxurious Albemarle Estate, as well as the Tasting Room & Tap House at Mount Ida Reserve, this exceptional offering seamlessly combines investment potential with the allure of Virginia wine country.

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.

Listing Agent

Daniel Heider

TTR Sotheby's International Realty License #681976 Listed on: 04/30/2024

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,259

Year Built

  • Built in 2014

Lot Details

  • 289.4 Acre Lot
  • Property is zoned RA

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Concrete Perimeter Foundation
  • HardiePlank Type

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Albemarle Subdivision

Listing and Financial Details

  • Tax Lot 34C7
  • Assessor Parcel Number 123000000034C7

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,259

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2014
  • Remarks Public: Introducing an extraordinary opportunity to own a community of nine single-family homes and five finished lots, with an additional eleven lots permitted by-right, nestled in the heart of Albemarle County. This property is ideally situated within the exclusive 5,000-acre Mount Ida Reserve, offering unparalleled proximity to Charlottesville’s finest destinations. Just minutes from the world-renowned Trump Winery and the luxurious Albemarle Estate, as well as the Tasting Room & Tap House at Mount Ida Reserve, this exceptional offering seamlessly combines investment potential with the allure of Virginia wine country. 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.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2100
  • Living Area Sq Ft: 2100
  • Price Per Sq Ft: 3619.05
  • Above Grade Finished Sq Ft: 2100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6308

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: No Sewer System
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: ALBEMARLE COUNTY PUBLIC SCHOOLS
  • School District Key: 121141540441
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 289.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12606264.00
  • Year Assessed: 2023
  • Zoning: RA
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4259.00
  • Assessor Parcel Number: 123000000034C7
  • Tax Lot: 34C7
  • Tax Total Finished Sq Ft: 1926
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: ALBEMARLE COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $4,371 $583,000 $141,500 $441,500
2024 $4,337 $592,000 $128,000 $464,000
2023 $4,136 $568,200 $128,000 $440,200
2022 $3,713 $520,700 $128,000 $392,700
2021 $3,071 $433,200 $113,200 $320,000
2020 $3,150 $449,600 $120,600 $329,000
2019 $2,961 $412,100 $99,700 $312,400
2018 $2,749 $381,200 $77,500 $303,700
2017 $2,717 $371,800 $71,800 $300,000
2016 $2,424 $288,900 $29,600 $259,300
2015 $2,355 $287,500 $30,600 $256,900
2014 -- $8,600 $8,600 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 For Sale $7,600,000 0.0% $3,619 / Sq Ft
04/30/2024 04/30/24 For Sale $7,600,000 -- --
Source: Bright MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $12,000,000 Commercial
Source: Public Records

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APN: 12300-00-00-034C5