37.855923 -78.460434

6478 JEFFERSON MILL RD SCOTTSVILLE, VA 24590

316113575 37.855923 -78.460434 101 /listing/316113575-150118633/6478-jefferson-mill-rd-scottsville-va-24590 False 0 7600000.0 2100 100 4 3 VAAB2000214 False
  • $7,600,000
  • 4 bd
  • 2 full ba
  • 1 half ba
  • 2,100 sqft
  • Est payment $40798.44/mo

Property & Neighborhood Info

Courtesy Of BrightMLS Office

Single Family in SCOTTSVILLE

Introducing a unique opportunity to purchase an established, income-generating rental community of nine single-family home rentals in Albemarle County with an additional 16 homes permitted by-right. Minutes from the Tasting Room & Tap House at Mount Ida Reserve and downtown Scottsville, the Farms at Jefferson Mill is a beautiful neighborhood of colonial homes situated on over 250 acres of rolling hills with extensive road and river frontage. The homes are thoughtfully constructed with similar footprints for easy management. Each home occupies its own platted, 20-acre lot and boasts hardi-plank siding, 2,100 square feet of living space, 4 bedrooms, 2.5 baths, attached 2 car garage, 20 x 12 deck and an 1,100 square foot unfinished walk-out basement roughed in for an additional bedroom and bathroom. In addition to the nine existing homes, the assemblage offers four additional buildable lots plus another 12 development rights on the remainder of the acreage for a total of 16 additional homes that can be constructed by-right. Existing infrastructure (underground electric and fiber) are in place. The Farms at Jefferson Mill currently generates approximately $175,000 of rental revenue annually and the additional by-right development offe

Courtesy Of BrightMLS Office
  1. 4 Beds
  2. 2 Full Bath
  3. 1 Half Bath
  4. 2,100 Sq. Ft.

Main Features

  • Listing Status: Active
  • Year Built: 2014
  • Floors: 2
  • Full Bath: 2
  • Half Bath: 1
  • County: BUCKINGHAM
  • Taxes: $3,965.00
  • Tax Year: 2022
  • Subdivision: Mount Ida
  • MLS Number:VAAB2000214

Additional Features

  • Air Conditioning:
    • Central AC
  • Sqft Source:
    • Other
  • Garage Type:
    • Attached
    • Faces Side
  • Garage Y/N:
    • Yes
  • New Construction:
    • No
  • Style:
    • OTHER
  • Basement:
    • Unfinished
    • Yes
  • Exterior:
    • Hardie Plank
  • Pool:
    • No
  • Heating:
    • Central Heat
    • Heat Pump
  • Septic:
    • No Sewer/Septic
  • Water:
    • Individual Well
  • Legal Description:
    • The Farms at Jefferson Mill
  • Assoc/Maint Fee Per:
    • None
  • HOA:
    • No
  • Services:
    • Exclusive Right to Sell
    • Full Service
  • Above Grade Finished:
    • 2100
  • Above Grade Total SQ. FT.:
    • 2100
  • Alt MLS# (Display ID):
    • VAAB2000214
  • Below Grade Total SQ. FT.:
    • 0
  • Below Grade Unfinished:
    • 0
  • Garage Total AG:
    • 0
  • Originating Board:
    • BrightMLS
  • Possession:
    • Early Occupancy Possible
  • Taxes:
    • 3965
  • Total SQ. FT.:
    • 2100
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Charity Cox
Charity Cox
16 Gosnell Crossing Suite 102 Staunton VA 24401
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37.855923 -78.460434

6478 JEFFERSON MILL RD SCOTTSVILLE, VA 24590

316113575 37.855923 -78.460434 101 /listing/316113575-150118633/6478-jefferson-mill-rd-scottsville-va-24590 False 0 7600000.0 2100 100 4 3 VAAB2000214 False
  • $7,600,000
  • 4 bd
  • 2 full ba
  • 1 half ba
  • 2,100 sqft
  • Est payment $40798.44/mo