$1,320,000
SOLD JUL 14, 2026

Lot 1 Preston Ave University, VA 22903

Rose Hill Neighborhood
0.73 Acre
$1,808,219 Price per Acre
31,799 Sq Ft Lot

Sale Details

Date Sold: July 14, 2026

12% Below List Price

37 Days on Market

About This Lot

As of July 2026

Opportunity to purchase 9 home sites located in the heart of Charlottesville within minutes to UVA, Barracks Road, Shops at Stonefield and Downtown! The portfolio consists of 9 continguous or near-continguous parcels zoned R-A (Low Density Residential). While "Low-Density" traditionally implied single family homes, the new "Charlottesville Zoning Ordinance could possibly permit up to 3 units per lot by-right, and up to 6 units with affordability bonuses. The opportunity to develop a residential cluster of homes that meet the growing demand of walkable housing in the City of Charlottesville is waiting for a developer with a desire to build and make a significant impact in the local real estate market. Additional information available on approved plans.

Last Agent to Sell the Property

DAVE ALLEY

HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE License #0225236349 Listed on: 04/17/2026

HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE

Last Buyer's Agent

SABINA MARTIN

REAL ESTATE III, INC. License #0225024602

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,651

Lot Details

  • 31,799 Sq Ft Lot
  • Zoning described as R-A Low-Density Residential

Schools

  • Trailblazer Elementary School
  • Charlottesville Middle School
  • Charlottesville High School

Property Details

Property Type

Land

Est. Annual Taxes

$14,651

Lot Details

0.73 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Multi Family
  • LotSizeAcres: 0.73
  • Subdivision Name: NONE
  • PreviousStandardStatus: Pending
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Trailblazer
  • Middle Or Junior School: Charlottesville Middle

Lot Info

  • Zoning Description: R-A Low-Density Residential

Tax Info

  • Year: 2026
  • Tax Annual Amount: 14651.0

MLS Schools

  • HighSchool: Charlottesville

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/14/2026 07/14/26 Sold $1,320,000 -11.7% --
05/24/2026 05/24/26 Pending -- -- --
04/17/2026 04/17/26 For Sale $1,495,000 -- --
Source: Charlottesville area Association of Realtors®

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 675999

Charlottesville area Association of Realtors®
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