Introducing an extraordinary opportunity to own a family compound or to develop a small community of single-family homes. Riverview Farm consists of two beautiful homes each on their own lots, an additional four finished lots, and an additional two lots permitted by-right, all nestled along the Hardware River in the heart of Albemarle County. This property is ideally situated within the exclusive 5,000-acre Mount Ida Reserve, offering unparalleled proximity to Charlottesville's finest destinations. Just minutes from the world-renowned Trump Winery and the luxurious Albemarle Estate, as well as the Tasting Room & Tap House at Mount Ida Reserve, this exceptional offering seamlessly combines investment potential with the allure of Virginia wine country. Set against a backdrop of the Hardware River with views of the blue ridge mountains, Riverview Farm provides a rare blend of tranquility and convenience, situated close to downtown Charlottesville and surrounded by some of the region's most prestigious attractions. The main home offers 3,000 square feet of completely renovated space with 4 full baths and one half bath and has been thoughtfully designed for both elegance and functionality. The guest home of 2,100 square feet, offering 4 bedrooms, 2.5 baths, an attached 2-car garage, a 20 x 12 deck, and an 1,100-square-foot unfinished walk-out basement, roughed-in for an additional bedroom and bathroom. Both homes are constructed of high quality materials offering low maintenance features such as hardiplank siding and porcelain tile flooring . This cohesive design simplifies management, making the property ideal for both residential and investment purposes. Beyond the existing homes, the assemblage includes four additional buildable lots and two by-right development rights on the remaining acreage, creating a total of 8 potential homes. Existing infrastructure, including underground electric and fiber, is already in place, streamlining future development. Riverview farm offers unmatched versatility: it can be operated as a traditional single-family home community or leveraged as a short- or long-term rental investment. The location's proximity to Mount Ida Reserve, which hosts over 50,000 annual guests, ensures consistent demand for short-term rentals. Historically, short-term rentals have proven profitable, with recent earnings for weekend stays fetching $3,000 each. Coupled with the income potential, the additional by-right development presents a unique upside for an extraordinary investment opportunity.
Welcome to River's Edge by the Mount Ida Reserve. This is an incredible, 430 acre property only 25 minutes from Charlottesville, Virginia. Truly a once in a lifetime opportunity that offers a wide range of options and rare investment opportunities if desired. Entering the property through a paved, private gated entrance lined with trees, you will shortly be met with sweeping pastoral views as far as you can see. The land has been meticulously maintained for decades, with mature oak trees, creek bottoms, and over 1.7 miles of Hardware River frontage. Wildlife is abundant, including deer, turkeys, black bear, and waterfowl. Miles of wooden cross fencing throughout the property, with multiple cattle waterers in place for those that desire livestock and grazing. This property also has the capability to be a world class horse farm if desired. The main residence is a fully renovated, 12,000 square foot manor with 7 bedrooms and 7 1/2 baths, including a fully finished walk-out basement. The residence perfectly blends modern luxury with rusticness, paying homage to it's historic Virginia estate roots. Each room features elegant woodwork and trim. Grand dining rooms, wooden beamed bedrooms, multiple fireplaces, game room and home gym, and covered balconies all compliment the home. One side of the home features an incredible walkway that leads to a gazebo and dock on the pond. Adjacent to the main residence is a detached, fully finished guest cottage with 1 bedroom and two full baths and a kitchen. There is also a detached temperature controlled garage as well. Recreational activities on the property are endless. Residents and guests can enjoy a full tennis court, sand volleyball court, and even a private go-cart track. The main residence is situated peacefully on the property and surrounded by seclusion. Adding to the value of the estate are the existing investment opportunities. Firstly, the estate has 23 by-right division rights, allowing the owner to establish a high value subdivision and development if desired. A yield plan is already drawn for this development if requested. Additionally, there is a 5 acre vineyard that produces and contributes to annual profit. The annual rental revenue is significant, with the property including a fully renovated 10,000 sq ft event barn with catering areas, HVAC and other features. The estate boasts a farm winery license and Bed and Breakfast permit. The property is already established for weddings and corporate events with trained staff. Additionally, the property also features two, recently rennovated, single-family homes for long term or short term rental income if desired by the next owner. These homes are along Blenheim Rd and do not share the private roads throughout the estate and manor, aiding in the privacy of the estate. In summary, this is a stunning, world-class property that would be an incredible family estate, event venue, corporate retreat, or future development. The location is fantastic being just South of Charlottesville, the University of Virginia, and minutes from renown wineries.
Scottsville is located in Virginia. Scottsville, Virginia has a population of 624. Scottsville is less family-centric than the surrounding county with 24.83% of the households containing married families with children. The county average for households married with children is 32.65%.
The median household income in Scottsville, Virginia is $58,333. The median household income for the surrounding county is $90,568 compared to the national median of $69,021. The median age of people living in Scottsville is 40.8 years.
The average high temperature in July is 87.4 degrees, with an average low temperature in January of 24.1 degrees. The average rainfall is approximately 43 inches per year, with 14.1 inches of snow per year.
