Charlottesville Home Sites
PRESTON AVE lot 1 Charlottesville, VA 22903
PRESTON AVE lot 1, Charlottesville, VA, 22903
$1,495,000
Pending
For Sale
$1,495,000
Pending
LAND - CHARLOTTESVILLE, VA
Lot Size0.73 Acres
Days on Market94
Property Features for PRESTON AVE lot 1
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Pending
- Lot size
- 0.73 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- Parcel IDs (Lot#) 030068000 (1) 030068001 (2) 030068002 (3) 030068003 (4) 030068004 (5) 030068005 (6) 030068006 (7) 030068007 (8) 030072000 (3)
- Tax Annual Amount
- 14651
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Listing Agency
HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE
(434) 951-5155
308 E Main Street, Charlottesville, VA
Listed by
DAVE ALLEY · License #0225236349
(434) 760-0077
Added: Apr 17 Checked: Jul 19 at 10:06 am
MLS# 675999
Listing URL
Copyright © 2026 Charlottesville Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This portfolio offers the opportunity to purchase 9 home sites situated in Charlottesville, Virginia. The location provides convenient access to the University of Virginia, Barracks Road, Shops at Stonefield, and Downtown Charlottesville. The parcels, zoned R-A (Low Density Residential), are contiguous or near-contiguous. The new Charlottesville Zoning Ordinance could permit up to 3 units per lot by-right, and up to 6 units with affordability bonuses. This presents an opportunity to develop a residential cluster of homes to meet the demand for walkable housing in the City of Charlottesville. The total lot size is approximately 0.73 acres. Additional information is available on approved plans.
Key Highlights
- Opportunity to develop up to 3 units per lot by‑right (potentially 6 with affordability bonuses) due to new Charlottesville Zoning Ordinance.
- Prime location in the heart of Charlottesville, offering easy access to UVA, Barracks Road, Shops at Stonefield, and Downtown.
- Portfolio of 9 contiguous or near‑contiguous parcels zoned R‑A (Low Density Residential).
Property Analytics
Location Intelligence
Current Use by Public Records
Residential land & home ...
Similar For Sale Nearby
FAQs
What type of property is this?
Land - Portfolio of 9 home sites in the heart of Charlottesville.
Where is this land located?
The property is located at PRESTON AVE lot 1 Charlottesville, VA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Opportunity to develop up to **3 units per lot by‑right** (potentially 6 with affordability bonuses) due to new Charlottesville Zoning Ordinance.; Prime location in the heart of Charlottesville, offering easy access to UVA, Barracks Road, Shops at Stonefield, and Downtown.; Portfolio of 9 contiguous or near‑contiguous parcels zoned R‑A (Low Density Residential).