6518 JEFFERSON MILL ROAD SCOTTSVILLE VA 24590
				
		 
		
	 
	
 
   
	
		
				
					Listing ID
				
				
					#VAAB2000596
				
						
				
					Property Type
				
				
					Detached
				
 				
					Property Style
				
				
					Other
				
							
					County
				
				
					ALBEMARLE-VA
				
													
					Neighborhood
				
				
					ALBEMARLE
				
							
					Year Built
				
				
					2014
				
											 
	 
 
		
			
			Introducing an extraordinary opportunity to own a community of eight 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 eight 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 $192,000, while short-term rentals have proven even more profitable, with recent earnings of $245,000 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.
		
	
    
        
        
                    
                        List Price: 
                        $ 6900000
                    
                    
                        Taxes: 
                        $ 4259
                    
         
     
    
        
        
                    
                        Basement: 
                        Unfinished
                    
                    
                        Construction Materials: 
                        HardiPlank Type
                    
                    
                        Cooling: 
                        Central A/C
                    
                    
                        Foundation Details: 
                        Concrete Perimeter
                    
                    
                        Heating: 
                        Heat Pump(s)
                    
                    
                        Other Structures: 
                        Above Grade, Below Grade
                    
                    
                        Water Source: 
                        Well
                    
         
     
	
		
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				http://www.searchproperties.thenovahomezone.com/listings/direct/73c15d8bed3e68f2479de9a632d8291b
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						Listed By:
					 
					
						
						 
						TTR Sotheby's International Realty