• 22031 Milky Way ELKWOOD, VA 22718

  • $1,800,000
  • 10,539,778
    Sq Ft
  • 10539778
    Sqft

Mountain Valley Farm is a beautiful 242-acre farm with softly rolling fields located around 8 miles east of the Town of Culpeper off Carrico Mill Rd. The property is bounded by trees on every side, with 1.3 miles of stream frontage on Mountain Run for your recreational enjoyment. An existing farmhouse is perfectly situated on top of a knoll overlooking the farm, offering a panoramic view that encompasses five counties! The surrounding area was the scene of a notable Civil War battle and will appeal to history buffs and nature lovers alike. Hunters will appreciate the natural populations of white-tailed deer, turkey, dove, and coyotes. The property was recently in use as a dairy farm, and has been used for farming and dairying since the area was settled in the late 18th century. Some farm buildings still exist from when Mountain Valley Farm was more fully utilized, but which are no longer being used or maintained. These include a dairy barn (which had a herringbone milking parlor with ten units and a 2,000 gal Mueller tank) with holding pen and a 110’ x 170’ stall-free barn that was built in 2007. Additional structures include a 40’ x 90’ machinery shed and 101’ x 10’ Slurrystore manure structure. A conservation easement is in place through the Department of Historic Resources intended to preserve the rural beauty and historical significance of the farm while still allowing improvement and modernization. Owners may reconstruct one single-family home (up to 4,500 SF above ground) at the site of the current farmhouse, plus one tenant home (up to 3,500 SF above ground) and associated smaller buildings (like detached garages, sheds, gazebos, or a pool house). A swimming pool or tennis/sport court, and a parking pad are allowed, along with a wide variety of agricultural and farm-related buildings and structures. Commercial uses are also allowed as long as they are performed inside/within the structures. The property may not be subdivided; it is being sold as, and must remain, one parcel. Please refer to the full terms of the conservation easement in the offering memorandum to determine what can or cannot be built on the property. Mountain Valley Farm occupies a convenient location near Route 15 and Route 3 with easy access to Culpeper, Bealeton, Warrenton, and Fredericksburg.

Property Type :

Land

County :

CULPEPER

Style :

Land

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Property Details

 

Water/Sewer

Water Source : Well

Utility Features

Sewer: Septic Exists

Lot Information

Lot Size: 10,539,778

Lot Size (Acres): 241.96

Main Square Feet: 10,539,778

Property Information

Total Lot SQ ft: 10,539,778

View: Creek/Stream,Mountain,Panoramic,Pasture,Scenic Vista,Trees/Woods

Total Acreage: 241.96

Listing Information

Possession: Negotiable,Settlement,Subject to Existing Lease

Days Of Market: 50

Tax Information

Annual Tax: $2,499

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

Negotiable,Settlement,Subject to Existing Lease

Assessment Information

Taxes Assessment Amount: $454,400

Homeowners Association Information

Direction: From Culpeper, take Route 3 east approx. 8 miles, turn left onto Carrico Mills Rd (Rt 669), drive 2 miles, turn right onto Milky Way. Or from Warrenton, take US-15 south approx. 17 miles to Brandy Station, turn left onto Alanthus Rd (Rt 663), turn left at stop sign onto Brandy Rd, bear right at bend and continue straight onto Carrico Mills (Rt 669), drive 3 miles to left turn onto Milky Way.

School Information

School District: CULPEPER COUNTY PUBLIC SCHOOLS

Utility Information

Water Source: Well

Sewer: Septic Exists

Location Information

Location Type: Rural

Direction: From Culpeper, take Route 3 east approx. 8 miles, turn left onto Carrico Mills Rd (Rt 669), drive 2 miles, turn right onto Milky Way. Or from Warrenton, take US-15 south approx. 17 miles to Brandy Station, turn left onto Alanthus Rd (Rt 663), turn left at stop sign onto Brandy Rd, bear right at bend and continue straight onto Carrico Mills (Rt 669), drive 3 miles to left turn onto Milky Way.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
13693 Newbys Shop , Elkwood, VA,22718 $890,000 -- -- 7,753,680 7753680 Sqft

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ByOwner last updated this listing 05/01/2024 @ 10:39

MLS: VACU2006646
LISTED BY: Stephen M Karbelk , CENTURY 21 New Millennium
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.

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