1 year on rocket

510 Mount Pleasant Farm Rd, Scottsville, VA, 24590

$52,600,000

2784.00 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #VAAB2000430
Lot Size2784.00 Acres
StatusActive
(ACTIVE)

About 510 Mount Pleasant Farm Rd

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 Details

Property Features

Listing Office:

  • Office Name: TTR Sotheby's International Realty
  • Office Phone: (202) 234-3344
  • Listing Agent: Daniel M Heider

Virtual/3D Tour

  • Virtual Tour: 510 Mount Pleasant Farm Rd
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Lot Features

Lot Information:

  • Lot Size: 2784.00 Acres

Other

Directions Information:

  • Directions: Call listing agent for directions

Price Information

Listing Price Info

Price Summary:

  • List Price: $52,600,000
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Housing Market Comparison

See how this home compares to others in Scottsville, VA.

Med. Sold Price

$375.5K

Med. Price/SqFt

$206

Avg. Days On Market

9

# of Sold Homes

6

510 Mount Pleasant Farm Rd vs Scottsville

503 DAYS ON ROCKET

+494 Days

$52,600,000

+$52.2M More

KEY TAKEAWAY

This property is $52.2M more than the Median Sold Price in Scottsville, VA.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VAAB2000430

Listing Office:

  • Office Name: TTR Sotheby's International Realty
  • Office Phone: (202) 234-3344
  • Listing Agent: Daniel M Heider

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 1:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$262.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$157.7K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-514615
5
/10
  • Scottsville Elementary School

  • 7868 Scottsville Rd

  • 3.60 miles

  • Public District Grades PK-5

school-card-donut-514616
4
/10
  • Mountain View Elementary School

  • 1757 Avon Street Ext

  • 9.10 miles

  • Public District Grades PK-5

school-card-donut-514617
4
/10
  • Jackson-Via Elementary School

  • 508 Harris Rd

  • 10.35 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,647. Residents of Scottsville, VA typically earn between $35k-100k each year. Residents typically live in married, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 510 Mount Pleasant Farm Rd

What is the listing price of this property?

The listing price of 510 Mount Pleasant Farm Rd property is $52,600,000.

What type of property is this?

The property 510 Mount Pleasant Farm Rd is land located in Scottsville, Virginia, 24590.

Is this property for sale now?

Active Listing: 510 Mount Pleasant Farm Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 510 Mount Pleasant Farm Rd is 2784.00 acres.
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Rocket HomesVirginiaAlbemarle CountyScottsville24590510 Mount Pleasant Farm Rd

This home is located at 510 Mount Pleasant Farm Rd in Scottsville, VA and zip code 24590. This home sits on a 2784.00 acre lot. It has been listed on Rocket Homes since June 29, 2023 and is currently priced at $52,600,000.

While more than 2 listings in Scottsville, VA in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 2 were sold below. The number of listings in Scottsville, VA decreased by 8.8% between September 2024 and October 2024. Listings spent 9 days on the market in October 2024, and had a median list price of $375,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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