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Daniel M Heider
TTR Sotheby's International Realty
202-234-3344
Mount Ida Reserve is a once-in-a-lifetime opportunity located just outside the city of Charlottesville, Virginia, within minutes of The University of Virginia. The former estate of Bernard Arnault expands almost 2,800 acres and is located along Blenheim Road, a historic route in Southern Albemarle County - home to Monticello, Ashlawn Highland, Trump Winery, Dave Matthews' Blenheim Vineyards, Grace Vineyard, and Steve Case's Early Mountain Vineyard. The property has undergone an almost two-decade transformation by its current owners. Surrounded by large country estates and wineries, Mount Ida Reserve stands out not only due to its sheer scale (more than twice the size of nearby Trump Winery & Estate) but also from its unique inventory of physical features, including miles of private river frontage, spectacular mountain views, rolling hills, fertile farmland, hardwood forests, and a large privately owned lake. The property has no conservation easements. The owners have spared no expense investing in infrastructure covering the entire 2,800 acres. The property hosts an impressive collection of buildings, including large manor homes and other single-family residences, multiple award-winning event facilities, stable barns and storage buildings, as well as a 45-acre lake and accompanying beaches. The entire property is connected with high-speed fiber-optic capability and includes miles of underground power, bridges, a concrete dam for the lake, 15 miles of paved roads, 25 miles of board fencing, five diesel backup generators, 25 springs, and multiple automated wrought iron gated entrances help service and secure the property. The property is perfect for a family compound, corporate retreat, flagship corporate campus, or long-term investment. With 150 by-right parcels, the property is uniquely positioned for further development around the existing facilities. Alternatively, the property is a prime candidate for a conservation or stream impact easement offering significant tax benefits. This incomparable property includes a turnkey opportunity complete with well-trained and experienced staff. Additionally, a hotel Study prepared by HVS for 100 key hotel is available for review.
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Water Source : Well
Sewer: Septic Exists
Lot Size: 121,271,040
Lot Size (Acres): 2784.00
Main Square Feet: 121,271,040
Total Lot SQ ft: 121,271,040
Total Acreage: 2784.00
Possession: Negotiable
Days Of Market: 302
Annual Tax: $39,430
Tax Year: 2023
Total Taxes Payment Frequency: Annually
Negotiable
Taxes Assessment Amount: $4,617,100
Direction: Call listing agent for directions
School District: ALBEMARLE COUNTY PUBLIC SCHOOLS
Water Source: Well
Sewer: Septic Exists
Direction: Call listing agent for directions
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1 Blenheim Rd Road , Scottsville, VA,24590 | $100,000 | -- | -- | -- | -- |
6478 Jefferson Mill Road , Scottsville, VA,24590 | $725,000 | 5 | 4.0 | 1,966 | 914760 Sqft |
Forest Ridge Ln , Scottsville, VA,24590 | $364,900 | 4 | 2 | -- | -- |
510 Mount Pleasant Farm.., Scottsville, VA,24590 | $52,600,000 | -- | -- | -- | 121271040 Sqft |
142 Sharps Creek Dr , Scottsville, VA,24590 | $370,000 | 3 | 2.5 | -- | -- |
8532 Langhorne Rd , Scottsville, VA,24590 | $3,450,000 | 4 | 5.5 | -- | -- |
1243 Woodcock Pl , Scottsville, VA,24590 | $685,000 | 5 | 2.5 | -- | -- |
495 Deepwood Farm Drive , Scottsville, VA,24590 | $1,700,000 | 6 | 4.0 | 4,269 | 5760810 Sqft |
5645 Fieldcrest Dr , Scottsville, VA,24590 | $540,000 | 4 | 3.5 | -- | -- |
975 Hardware Rd , Scottsville, VA,24590 | $60,000 | -- | -- | -- | -- |
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ByOwner last updated this listing 04/28/2024 @ 07:11
MLS: VAAB2000430
LISTED BY: Daniel M Heider , TTR Sotheby's International Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
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.