510 Mount Pleasant Farm Road, Scottsville, Virginia 24590 (MLS# VAAB2000428)
Residential listing in Albemarle County
Listing IDVAAB2000428
Price$52,600,000
StatusACTIVE
Acres
2,784
CountyAlbemarle
SubdivisionMOUNT IDA
Year Built2005
Property TypeResidential
Property Sub TypeOther
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.
Subdivision
MOUNT IDA
School District Name
ALBEMARLE COUNTY PUBLIC SCHOOLS
Address
510 Mount Pleasant Farm Road
Exterior Features
Extensive Hardscape, Outbuilding(s), Play Area
Cooling Type
Central A/C
Heating Type
Heat Pump(s)
Property Sub Type
Other
IDX City Name
Scottsville
State
Virginia
Postal Code
24590
Year Built
2005
Basement
no
Central Air
yes
Cooling Fuel
Natural Gas
Heating
yes
Heating Fuel
Natural Gas
Hot Water
Natural Gas
Levels Count
1
Architectural Style
Other
Construction Materials
Other
Fencing
Board
Garage
no
Lot Size Source
Estimated
Lot SqFt
121271040
Other Structures
Above Grade
Water Access
no
Water Oriented
no
Waterfront
no
Condo/Co-op Association
no
HOA
no
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
39430
Tax Assessed Value
4617000
Tax Year
2023
Above Grade Finished Area Units
Square Feet
Above Grade Finished SqFt Source
Estimated
Accessibility Features
Other
Living Area SqFt Source
Estimated
Lot Size Units
Square Feet
New Construction
no
Ownership Interest
Fee Simple
Possession
Negotiable
School District Source
Listing Agent
Senior Community
no
Sewer Septic
Septic Exists
Story List
Main
Vacation Rental
no
Water Source
Well
Year Built Source
Estimated
Zoning
RA
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