MLS: #675999, Listed By: DAVE ALLEY, HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE, Source:Bright MLS
LOT 1 Preston Ave
CHARLOTTESVILLE, VA 22903
0.73Acre(Lot)
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.
Property Details
Map
Map
Features
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Lot Information
Lot Size Acres: 0.73Property Information
Subdivision: NONE AVAILABLE Source Property Type: Land
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Listing Price Information
Listing Price: $1495000
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Tax Information
Tax Year: 2026 Annual Tax: $14651
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School Information
Elementary School:Junior High School:Senior High School: CHARLOTTESVILLE -
Utility Information
Cable Available -
Location Information
Direction: Rugby Road turns into Preston Ave to the corner of Preston and Cabell. Lots are located on Preston Ave and Barbour Drive. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| LOT 37 Blandemar Drive, Charlottesville, VA, 22903 | $630,000 | -- | -- | -- | 27.78 Acres(Lot) |
| LOT A Penny Ln, Charlottesville, VA, 22903 | $265,000 | -- | -- | -- | 2 Acres(Lot) |
| TBD Dry Bridge Rd, Charlottesville, VA, 22903 | $270,000 | -- | -- | -- | 3 Acres(Lot) |
| Bloomfield Rd, Charlottesville, VA, 22903 | $1,695,000 | -- | -- | -- | 21.08 Acres(Lot) |
| LOT 3 Villa Deste Ct, Charlottesville, VA, 22903 | $375,000 | -- | -- | -- | 5 Acres(Lot) |
| 611 & 604 Booker St St, Charlottesville, VA, 22903 | $700,000 | -- | -- | -- | 0.28 Acre(Lot) |
| 909 West St St, Charlottesville, VA, 22903 | $265,000 | -- | -- | -- | 0.09 Acre(Lot) |
| 202 Raymond Ave #13, Charlottesville, VA, 22903 | $180,000 | -- | -- | -- | 0.23 Acre(Lot) |
| TBD Poorhouse Rd, Charlottesville, VA, 22903 | $575,000 | -- | -- | -- | 84.76 Acres(Lot) |
| 3731 Dots Drive, Charlottesville, VA, 22903 | $174,999 | -- | -- | -- | 6.94 Acres(Lot) |
Similar Land To LOT 1 Preston Ave
Nearby For Sale
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ByOwner last updated this listing 06/11/2026 @ 14:32
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