$745,000
SOLD MAY 1, 2025

TBD Albevanna Spring Rd Unit 19A0, 02100, 02300 Scottsville, VA 24590

187 Acres
$3,984 Price per Acre
8,145,720 Sq Ft Lot

Recently Sold

24% Below List Price

290 Days on Market

Highlights

  • 187 Acre Lot
  • No HOA
  • Spring water is a source of water for the property
  • Walton Middle School Rated A

About This Lot

As of May 2025

Nestled amidst the serene beauty of Scottsville, Virginia, lies an unparalleled opportunity to own an exquisite 187-acre parcel of land, once a cherished part of the illustrious 600-acre Jefferson Mill Farm. Managed with precision and care in consultation with the VA Department of Forestry, the timber on this land is a testament to its stewardship and longevity, offering substantial current and future timber value and excellent investment potential. The last planting of loblolly pine occurred in 2016, and the land is poised for selective thinning within the next 5 years. With no land preservation easements in place and currently in a forestry land use designation, the possibilities for this property are endless. Unspoiled by exploitation, this land represents an excellent investment opportunity. A number of potential uses are suggested, including hunting/recreation, timber/investment, development (with division rights), or as a quiet and beautiful sanctuary on which to build your dream home. The property fronts on the Hardware River, with great building sites above the river and State Route 622, a state-maintained hard surface road, providing accessibility and natural beauty that converge seamlessly on this remarkable property!

Last Agent to Sell the Property

Maurice Covington

(434) 296-0134 maurice.covington@sothebysrealty.com FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY License #0225252262[102993] Listed on: 05/10/2024

Last Buyer's Agent

Maurice Covington

(434) 296-0134 maurice.covington@sothebysrealty.com FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY License #0225252262[102993] Listed on: 05/10/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $767

Lot Details

  • 187 Acre Lot
  • Property is zoned RA, Rural Area

Schools

  • Scottsville Elementary School
  • Walton Middle School
  • Monticello High School

Utilities

  • Spring water is a source of water for the property
  • No Septic System
  • Sewer Not Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$767

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Agriculture
  • Remarks Public: Nestled amidst the serene beauty of Scottsville, Virginia, lies an unparalleled opportunity to own an exquisite 187-acre parcel of land, once a cherished part of the illustrious 600-acre Jefferson Mill Farm. Managed with precision and care in consultation with the VA Department of Forestry, the timber on this land is a testament to its stewardship and longevity, offering substantial current and future timber value and excellent investment potential. The last planting of loblolly pine occurred in 2016, and the land is poised for selective thinning within the next 5 years. With no land preservation easements in place and currently in a forestry land use designation, the possibilities for this property are endless. Unspoiled by exploitation, this land represents an excellent investment opportunity. A number of potential uses are suggested, including hunting/recreation, timber/investment, development (with division rights), or as a quiet and beautiful sanctuary on which to build your dream home. The property fronts on the Hardware River, with great building sites above the river and State Route 622, a state-maintained hard surface road, providing accessibility and natural beauty that converge seamlessly on this remarkable property!
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Fireplace: No
  • Price Per Sq Ft: 3983.96

Exterior Features

  • Construction Completed: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling: No
  • Sewer/Septic System: No Sewer System, No Septic System
  • Water Source: Spring

Condo/Co-op/Association

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

Schools

  • School District: ALBEMARLE COUNTY PUBLIC SCHOOLS
  • Elementary School: SCOTTSVILLE
  • Middle School: WALTON
  • High School: MONTICELLO
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121141540441
  • School District Source: Listing Agent
  • Elementary School: SCOTTSVILLE
  • High School: MONTICELLO
  • Middle Or Junior School: WALTON

Lot Info

  • Lot Size Acres: 187.00
  • Zoning: RA
  • Zoning Description: Rural Area

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 766.92
  • Tax Year: 2023
  • Close Date: 05/01/2025

MLS Schools

  • School District Name: ALBEMARLE COUNTY PUBLIC SCHOOLS

Range of Values:

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Average Value
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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 Change Sq Ft Price
05/01/2025 05/01/25 Sold $745,000 -23.6% --
02/24/2025 02/24/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $975,000 0.0% --
02/12/2025 02/12/25 Off Market $975,000 -- --
05/10/2024 05/10/24 For Sale $975,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 652732

Bright MLS