$1,000,000
SOLD JUL 15, 2024

8021 Olympic Way Culpeper, VA 22701

2 Beds
1 Bath
1,012 Sq Ft
33.49 Acres

Recently Sold

$988 Per Sq Ft

5% Above List Price

5 Days on Market

Highlights

  • Barn
  • 33.49 Acre Lot
  • No HOA
  • Indoor Arena
  • Combination Kitchen and Living
  • Office or Studio

About This Home

As of July 2024

It’s time to move on to new adventures! Perfect for an active boarding and training facility.
The historic property is just over 33 acres within 15 minutes of downtown Culpeper but is quiet and rural. 20 minutes to HITS Culpeper and 45 to Upperville. Beautiful cherry trees line the driveway to the barns.
The horse facility includes 14 fully-matted stalls in two semi-attached barns, 8 in the “main” barn and 6 in the addition. The barn features two large tack/feed rooms (one heated), two hot/cold wash bays, large hay loft above the 6-stall, a half-bath. Automatic fly spray system needs to be reactivated but is a great help in the summer. An attached 2-bedroom, 1 bath apartment completes the structure.
8 large pastures and 2 small “dry lot” turnouts surround the barn. Four of the pastures have run-in sheds. Four pastures have freeze-free automatic waterers.
The 80 x 150 indoor arena boasts a 24 x 36’ “annex” which includes 2 offices or bedrooms, a kitchenette, utility room and full bath along with a large classroom/lounge area. Huge plexiglass windows into the indoor arena allow full viewing from the climate-controlled comfort of this space. The indoor opens directly to a 150 x 150 outdoor arena with covered viewing gazebo perfect for whatever discipline you desire.
Drive-around driveway means you never have to back up your trailer. Ample trailer parking behind the barns. There are two 50-amp RV hookups – one at each building – for visitors, clinicians, etc. Call today to set up an appointment!

Ride off the farm trails or a short trailer ride to Graves Mountain, Phelps, Preddy Creek and other great trail systems in the area.

Last Agent to Sell the Property

Cathy Marco

Cowan Realty, Inc. License #0225176507

Last Buyer's Agent

Tyler Ross

Ross Real Estate

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,773

Year Built

  • Built in 1989

Lot Details

  • 33.49 Acre Lot
  • Property is Fully Fenced
  • Open Lot
  • Property is zoned R1, Land Use

Parking

  • Gravel Driveway

Home Design

  • Farm
  • Wood Siding

Interior Spaces

  • 1,012 Sq Ft Home
  • Property has 1 Level
  • Combination Kitchen and Living
  • Luxury Vinyl Plank Tile Flooring
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Office or Studio
  • Shed
  • Outbuilding

Schools

  • Eastern View High School

Farming

  • Barn
  • Horse Farm

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks
  • Run-In Shed
  • Indoor Arena
  • Stables
  • Arena
  • Riding Ring

Utilities

  • Air Source Heat Pump
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 38 39G

Property Details

Property Type

Other

Est. Annual Taxes

$3,773

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Farm
  • Habitable Residence: Yes
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Remarks Public: It’s time to move on to new adventures! Perfect for an active boarding and training facility. The historic property is just over 33 acres within 15 minutes of downtown Culpeper but is quiet and rural. 20 minutes to HITS Culpeper and 45 to Upperville. Beautiful cherry trees line the driveway to the barns. The horse facility includes 14 fully-matted stalls in two semi-attached barns, 8 in the “main” barn and 6 in the addition. The barn features two large tack/feed rooms (one heated), two hot/cold wash bays, large hay loft above the 6-stall, a half-bath. Automatic fly spray system needs to be reactivated but is a great help in the summer. An attached 2-bedroom, 1 bath apartment completes the structure. 8 large pastures and 2 small “dry lot” turnouts surround the barn. Four of the pastures have run-in sheds. Four pastures have freeze-free automatic waterers. The 80 x 150 indoor arena boasts a 24 x 36’ “annex” which includes 2 offices or bedrooms, a kitchenette, utility room and full bath along with a large classroom/lounge area. Huge plexiglass windows into the indoor arena allow full viewing from the climate-controlled comfort of this space. The indoor opens directly to a 150 x 150 outdoor arena with covered viewing gazebo perfect for whatever discipline you desire. Drive-around driveway means you never have to back up your trailer. Ample trailer parking behind the barns. There are two 50-amp RV hookups – one at each building – for visitors, clinicians, etc. Call today to set up an appointment! Ride off the farm trails or a short trailer ride to Graves Mountain, Phelps, Preddy Creek and other great trail systems in the area.
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Appliances: Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Combination Kitchen/Living
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1012
  • Living Area Sq Ft: 1012
  • Price Per Sq Ft: 938.74
  • Above Grade Finished Sq Ft: 1012
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8021

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Barn, Indoor Arena, Office/Studio, Riding Ring, Run-in Shed
  • Construction Materials: Wood Siding
  • Exterior Features: Outbuilding(s)
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: CULPEPER COUNTY PUBLIC SCHOOLS
  • High School: EASTERN VIEW
  • School District Key: 121140976308
  • School District Source: Listing Agent
  • High School: EASTERN VIEW

Lot Info

  • Horses: Yes
  • Crops Included: No
  • Farm Features: Shed(s)
  • Farm Land Area Units: Acres
  • Farm Operation: Horse
  • Fencing: Fully
  • Horse Amenities: Arena, Horses Allowed, Paddock, Riding Ring, Stable(s)
  • Lot Features: Open
  • Lot Size Acres: 33.49
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1458824.00
  • Remarks Farm: Horse property with just over 33 acres, 14 stall barn, indoor and outdoor arenas. Includes a two bedroom/1 bath apartment. Also and annex attached to indoor ring which includes two bedrooms/offices, kitchenette, meeting area and full bath. Fully fenced.
  • Year Assessed: 2022
  • Zoning: R1
  • Zoning Description: Land Use
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3773.00
  • Assessor Parcel Number: 38 39G
  • Tax Year: 2022
  • Close Date: 07/15/2024

MLS Schools

  • School District Name: CULPEPER 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

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $1,000,000 +5.3% $988 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $950,000 +90.0% $939 / Sq Ft
08/20/2015 08/20/15 Sold $500,000 -16.0% $556 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $595,000 -- $661 / Sq Ft
Source: Bright MLS

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
2024 $1,919 $408,400 $140,200 $268,200
2023 $1,879 $408,400 $140,200 $268,200
2022 $1,883 $342,300 $128,400 $213,900
2021 $1,883 $342,300 $128,400 $213,900
2020 $1,945 $313,700 $106,300 $207,400
2019 $1,945 $313,700 $106,300 $207,400
2018 $1,907 $284,700 $97,000 $187,700
2017 $1,907 $284,700 $97,000 $187,700
2016 $2,031 $281,800 $94,100 $187,700
2015 $1,395 $191,100 $78,400 $112,700
2014 $1,605 $421,200 $308,500 $112,700
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $462,000 Credit Line Revolving
Previous Owner $146,000 Credit Line Revolving
Previous Owner $350,000 Construction
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $100,000 None Listed On Document
Deed -- None Available
Warranty Deed $458,857 Attorney
Deed -- None Available
Warranty Deed $500,000 --
Source: Public Records

Source: Bright MLS

MLS Number: VACU2008050

Bright MLS

APN: 38-39-G

Virginia Culpeper County Culpeper 22701

8021 Olympic Way, Culpeper, VA

Homes for Sale in Culpeper, VA

This home is located at 8021 Olympic Way, Culpeper, VA 22701 and is currently priced at $1,000,000, approximately $988 per square foot. This property was built in 1989. 8021 Olympic Way is a home located in Culpeper County with nearby schools including A.G. Richardson Elementary School, Floyd T. Binns Middle School, and Eastern View High School.

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