Currently viewing 1 of 18
For more information on this property, contact Misty Weaver at 15409998826 or leads@dreamweaverteam.com

510 Mount Pleasant Farm Road
Scottsville, Virginia VA 24590
Price: $52,600,000
Listing ID VAAB2000428
Status ACTIVE
Acres 2,784
Year Built 2005

Property Description:

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.

Primary Features

County: Albemarle
Property Sub Type: Other
Property Type: Residential
Subdivision: MOUNT IDA
Year Built: 2005
Zoning: RA

Interior

Above Grade Finished Area Units: Square Feet
Above Grade Finished SqFt Source: Estimated
Basement: no
Central Air: yes
Cooling Type: Central A/C
Heating: yes
Heating Type: Heat Pump(s)
Levels Count: 1
Living Area SqFt Source: Estimated
Total SqFt Source: Estimated

External

Architectural Style: Other
Construction Materials: Other
Cooling Fuel: Natural Gas
Exterior Features: Extensive Hardscape, Outbuilding(s), Play Area
Fencing: Board
Garage: no
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Lot Size Source: Estimated
Lot Size Units: Square Feet
Lot SqFt: 121271040
Navigable Water: no
New Construction: no
Other Structures: Above Grade
Pool: No Pool
Sewer Septic: Septic Exists
Tidal Water: no
Type of Parking: Other
Water Access: no
Water Oriented: no
Water Source: Well
Water View: no

Location

Condo/Co-op Association: no
Country: US
HOA: no
In City Limits: no
School District Name: ALBEMARLE COUNTY PUBLIC SCHOOLS
School District Source: Listing Agent
Senior Community: no
Waterfront: no

Additional

Accessibility Features: Other
Days on Market: 3
Story List: Main
Year Built Source: Estimated

Financial

Automatically Update Tax Values: no
Ownership Interest: Fee Simple
Possession: Negotiable
Riparian Rights: no
Sale Type: Standard
Tax Annual Amount: 39430
Tax Assessed Value: 4617000
Tax Year: 2023
Vacation Rental: no

Zoning Info


Request More Information

I am not working with another Realtor*

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Data services provided by IDX Broker
{"page":"homes","pagePath":"idx","printable":"","type":"moreinfo"}
https://www.dreamweaverteam.com
details.php
https://houses.dreamweaverteam.com
details