6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
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6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
6478 JEFFERSON MILL ROAD
For Sale

6478 JEFFERSON MILL ROAD

6478 JEFFERSON MILL ROAD, SCOTTSVILLE, VA 24590

$7,600,000
Introducing a unique opportunity to purchase an established, income-generating rental community of nine single-family home rentals in Albemarle County with an additional 16 homes permitted by-right. Minutes from the Tasting Room & Tap House at Mount Ida Reserve and downtown Scottsville, the Farms at Jefferson Mill is a beautiful neighborhood of colonial homes situated on over 250 acres of rolling hills with extensive road and river frontage. The homes are thoughtfully constructed with similar footprints for easy management. Each home occupies its own platted, 20-acre lot and boasts hardi-plank siding, 2,100 square feet of living space, 4 bedrooms, 2.5 baths, attached 2 car garage, 20 x 12 deck and an 1,100 square foot unfinished walk-out basement roughed in for an additional bedroom and bathroom. In addition to the nine existing homes, the assemblage offers four additional buildable lots plus another 12 development rights on the remainder of the acreage for a total of 16 additional homes that can be constructed by-right. Existing infrastructure (underground electric and fiber) are in place. The Farms at Jefferson Mill currently generates approximately $175,000 of rental revenue annually and the additional by-right development offers extensive upside for a rarified investment opportunity.

4
beds

3
baths

2,100 Sq.Ft. LIVING AREA

289.4 Acres lot

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms3
  • full bathrooms2
  • half bathroom1

Area & Lot

  • Status For Sale
  • Living Area2,100 Sq.Ft.
  • Lot Area289.4 Acres
  • MLS® IDVAAB2000214
  • TypeRESIDENTIAL
  • YEAR BUILT2014
  • Architecture StylesOther
  • School DistrictALBEMARLE COUNTY PUBLIC SCHOOLS

Exterior

  • Garage Space2.00
  • water SourceWell
  • HEAT TYPEHeat Pump(s)
  • AIR CONDITIONINGCentral A/C
  • sewerNo Sewer System
  • SubstructureHardi Plank Type
  • other exterior FeaturesAbove Grade, Below Grade

Financial

  • Sales Price$7,600,000
  • Real Estate Tax $3,965/yr
  • Zoning CHECK COUNTY WEBSITE

Work With Lledon

Whether you are looking to expand your wealth portfolio or purchase your first home, Lledon combines her enthusiasm for real estate with a can-do attitude to drive unrivaled results!

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