• 510 Mount Pleasant Farm Road SCOTTSVILLE, VA 24590

  • $52,600,000
  • 121,271,040
    Sq Ft
  • 121271040
    Sqft

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.

Property Type :

Land

County :

ALBEMARLE

Style :

Land

Sell a home like this and save $3,155,501 Find Out How

Property Details

 

Water/Sewer

Water Source : Well

Utility Features

Sewer: Septic Exists

Lot Information

Lot Size: 121,271,040

Lot Size (Acres): 2784.00

Main Square Feet: 121,271,040

Property Information

Total Lot SQ ft: 121,271,040

Total Acreage: 2784.00

Listing Information

Possession: Negotiable

Days Of Market: 302

Tax Information

Annual Tax: $39,430

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Negotiable

Assessment Information

Taxes Assessment Amount: $4,617,100

Homeowners Association Information

Direction: Call listing agent for directions

School Information

School District: ALBEMARLE COUNTY PUBLIC SCHOOLS

Utility Information

Water Source: Well

Sewer: Septic Exists

Location Information

Direction: Call listing agent for directions

Nearby Home Value

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 -- -- -- --

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 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.

Selling? Save $3,155,501 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion