Nestled amidst the serene beauty of Scottsville, Virginia, lies an unparalleled opportunity to own an exquisite 187-acre parcel of land, once a cherished part of the illustrious 600-acre Jefferson Mill Farm. Managed with precision and care in consultation with the VA Department of Forestry, the timber on this land is a testament to its stewardship and longevity, offering substantial current and future timber value and excellent investment potential. The last planting of loblolly pine occurred in 2016, and the land is poised for selective thinning within the next 5 years. With no land preservation easements in place and currently in a forestry land use designation, the possibilities for this property are endless. Unspoiled by exploitation, this land represents an excellent investment opportunity. A number of potential uses are suggested, including hunting/recreation, timber/investment, development (with division rights), or as a quiet and beautiful sanctuary on which to build your dream home. The property fronts on the Hardware River, with great building sites above the river and State Route 622, a state-maintained hard surface road, providing accessibility and natural beauty that converge seamlessly on this remarkable property!
Property Type :
Land
Subdivision :
Unknown
County :
ALBEMARLE
Style :
Land
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ByOwner last updated this listing 06/06/2024 @ 11:58
MLS: 652732
LISTED BY: MO COVINGTON , FRANK HARDY 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.
