Build your dream home on this rarely available .49-acre waterfront lot at Lake Monticello, just east of Charlottesville, VA at 280 Jefferson Dr. Boasting approximately 120 feet of lake frontage tucked down a quiet cove on the southwest side of the lake and serene water views, this property offers the perfect setting for a life of tranquility and recreation. The lot features a gentle slope, mature trees, and plenty of privacy off Jefferson Dr., making it ideal for a home with or without a basement. Enjoy direct access to the lake for fishing, kayaking, boating, and swimming right from your backyard. The gated community provides an array of amenities, including a private lake with five sandy beaches, an 18-hole PGA golf course, tennis courts, a pool, playgrounds, a ball field, and a walking track. Located just a short walk from the 14th hole of the golf course, this lot also offers easy access to the clubhouse, dining options, and year-round activities. Don't miss this rare opportunity to create your perfect retreat in one of Virginia's most desirable lake communities.
Property Details
Property Features
Listing Office:
Office Name: CENTURY 21 New Millennium
Listing Agent: Thomas Millar
Exterior Features
Exterior Information:
Waterfront: Lake
View: Water
Lot Features
Lot Information:
Lot Size: 0.49 Acres
Other
Directions Information:
Directions: DO NOT FOLLOW GPS TO ADDRESS, Slice Rd is a gate that requires a fob. You must go to the gate house off of Lake Monticello Rd. Use 857 Jefferson Dr, Palmyra VA in Google Maps to get to the gate house.
Price Information
Listing Price Info
Price Summary:
List Price: $240,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Palmyra, VA.
This property is $114K less than the Median Sold Price in Palmyra, VA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #VAFN2000332
Listing Office:
Office Name: CENTURY 21 New Millennium
Listing Agent: Thomas Millar
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,265
Per Month
Principal & Interest
$1,198
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$786
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Carysbrook Elementary School
9172 James Madison Hwy
Distance between this listing and this school7.12 miles
Public District Grades 3-4
5
/10
Stone Robinson Elementary School
958 N Milton Rd
Distance between this listing and this school8.83 miles
Public District Grades PK-5
4
/10
Mountain View Elementary School
1757 Avon Street Ext
Distance between this listing and this school12.05 miles
Public District Grades PK-5
Nearby Schools
4
/10
Fluvanna Middle School
3717 Central Plains Rd
Distance between this listing and this school5.63 miles
Public District Grades 5-7
4
/10
Walton Middle School
4217 Red Hill Rd
Distance between this listing and this school13.05 miles
Public District Grades 6-8
3
/10
Buford Middle School
1000 Cherry Ave
Distance between this listing and this school13.20 miles
Public District Grades 7-8
Nearby Schools
5
/10
Fluvanna County High School
1918 Thomas Jefferson Pkwy
Distance between this listing and this school2.14 miles
Public District Grades 8-12
4
/10
Monticello High School
1400 Independence Way
Distance between this listing and this school11.70 miles
Public District Grades 9-12
5
/10
Murray
1200 Forest St
Distance between this listing and this school13.34 miles
The neighbors living near this home have an average income of $90,638. Typical income of Palmyra, VA residents is between $35k-100k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About Jefferson Dr
What is the listing price of this property?
The listing price of Jefferson Dr property is $240,000.
What type of property is this?
The property Jefferson Dr is land located in Palmyra, Virginia, 22963.
Is this property for sale now?
Active Listing: Jefferson Dr is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on August 20, 2021 for $220,340. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at Jefferson Dr in Palmyra, VA and zip code 22963. This home sits on a 0.49 acre lot. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $240,000.
Over 5 listings were sold over their listed price in November 2024 in Palmyra, VA. In the same period over 8 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Palmyra, VA decreased by 11.9% between October 2024 and November 2024. The median list price of listings available in November 2024 was $354,000, while the average time on the real estate market was 31 days.
From Rocket Homes Real Estate and based on county public records data.
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. 
PGA/LPGA
PGA/LPGA
NASCAR
Soccer
Stein Mart
Dick's Sporting Goods
Old Navy
Bob Evans
Arbys
Jimmy Johns
Lincoln
GMC
Lexus
News/Talk/Information
Adult Hits
New Country