Thank you
Luke Cole
LONG & FOSTER - CHARLOTTESVILLE
434-260-5355
Discover a unique opportunity in the heart of Lewis Mountain, an area celebrated for its serene charm and its proximity to the University of Virginia. Recently transitioned from R-1 to R-B zoning, this change simplifies development by setting a fixed density. Developers are allowed a baseline of 6 units, which increases to 8 if the existing home is retained and can expand to 12 units for projects including affordable housing. The city permits the construction of townhomes or condos within designated setbacks and allows for the subdivision into individual lots for sale. This property not only offers flexibility in development but also connects investors to the vibrant university community, enhancing its appeal for both residential and academic-oriented projects.
Sell a home like this and save $59,501 Find Out How
Total Bedrooms : 3
Master Bedroom Level: 3
Total Bedroom (Lower): 0
Total Bedroom (Upper): 0
Total Baths: 2
Full Baths: 1
Half Baths: 1
Water Source : Public
Entry Level Bedroom
Cooling: Central A/C
Heating: Central
Year Built: 1950
Structure: Detached
New Construction: No
Built: 1950
Foundation/Basement: Block
Architecture: Other
Sewer: Public Sewer
Lot Size (Acres): 0.31
Architectural Style: Other
SQ ft: 1,899
SQ ft (Living Area): 1,899
Subdivision: NONE AVAILABLE
Total Acreage: 0.31
New Construction: No
Type: Other
Days Of Market: 17
Annual Tax: $6,377
Tax Year: 2023
Total Taxes Payment Frequency: Annually
Condo Fees: $0
Parking Type: Attached Garage
Has Garage: Y
Association Fee 2: $0
Direction: Starting on Jefferson Park Ave, continue straight to stay on Jefferson Park Ave, turn onto Alderman Rd, follow Alderman Rd to find 303 Alderman Rd on your left.
Elementary School: VENABLE
Middle OR Junior School: WALKER & BUFORD
High School: CHARLOTTESVILLE
School District: CHARLOTTESVILLE CTY PUBLIC SCHOOLS
Water Source: Public
Sewer: Public Sewer
Direction: Starting on Jefferson Park Ave, continue straight to stay on Jefferson Park Ave, turn onto Alderman Rd, follow Alderman Rd to find 303 Alderman Rd on your left.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Midway Rd #048A0, Charlottesville, VA,22903 | $1,850,000 | -- | -- | -- | -- |
B1 Dick Woods Rd #B1, Charlottesville, VA,22903 | $384,900 | -- | -- | -- | -- |
B1-1 Dick Woods Rd , Charlottesville, VA,22903 | $1,123,000 | 3 | 2.5 | -- | -- |
LOT 3 Villa Deste Ct , Charlottesville, VA,22903 | $375,000 | -- | -- | -- | -- |
465 White Gables Ln #.., Charlottesville, VA,22903 | $1,149,000 | 3 | 2.5 | -- | -- |
465 White Gables Ln #.., Charlottesville, VA,22903 | $1,199,000 | 2 | 2.5 | -- | -- |
TBD Old Lynchburg Rd , Charlottesville, VA,22903 | $139,000 | -- | -- | -- | -- |
611 & 604 Booker St , Charlottesville, VA,22903 | $995,000 | -- | -- | -- | -- |
465 White Gables Ln #.., Charlottesville, VA,22903 | $1,149,000 | 2 | 2.5 | -- | -- |
2627 Penny Ln , Charlottesville, VA,22903 | $500,000 | -- | -- | -- | -- |
Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.
ByOwner last updated this listing 05/02/2024 @ 18:20
MLS: 649896
LISTED BY: LUKE COLE , LONG & FOSTER - CHARLOTTESVILLE
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.