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Lakefront Residential Development Land
For Sale
$175,000

31 FAIRWOOD PL, Palmyra, VA 22963

Oversized lakefront parcel on Lake Monticello with gently sloping topography for a range of home designs.

Property SizeContact for details
Lot Size1.40 Acres
Days on Market53

Property Features for 31 FAIRWOOD PL

General Information

Standard status Active
Lot size 1.40 Acres
Property subtype Land or Vacant Lot
Listing Agency: LONG & FOSTER - LAKE MONTICELLO
Listed By: PATRICIA ARNDT · License #0225187171
Source: Corcoran
Added: Jun 14 Changed: Jul 10 Last Checked: Aug 5 at 6:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LONG & FOSTER - LAKE MONTICELLO

Investment Insights

Based on property information with market context.

This listing offers waterfront land on Lake Monticello, sized to accommodate a substantial residential build and outdoor living. The property features gently sloping topography, which can support a variety of home configurations, including walk-out basement designs. Selective tree clearing has opened portions of the site to reveal water views, creating a setting suited to private enjoyment of the shoreline.

The parcel is tucked along the lake, providing shoreline placement and a sense of privacy. It is located within the Lake Monticello community, where residents have access to a private lake, beaches, a golf course, tennis and basketball courts, a clubhouse, and additional amenities. Charlottesville is described as a short drive away, with nearby access to shopping, dining, healthcare, wineries, and outdoor recreation.

For buyers planning to build, this property’s combination of waterfront positioning and flexible lot grade can work well for different architectural approaches and outdoor space planning. It is also presented as a fit for buyers looking to hold land for future development within the Lake Monticello community.

Key Highlights

  • Over 1.4‑acre waterfront parcel on Lake Monticello
  • Gently sloping topography suited for a variety of home designs, including walk‑out basements
  • Located along the shoreline with space for expansive outdoor living areas

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Spa & Massage Center Building Supply Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

95
Businesses Nearby

Demographics for 22963, VA

16,279
Population
7,107
Households
2.3
Avg Household Size
45
Median Age
42%
College-Educated
98%
High-School Grad
124.7 sq mi
ZIP Area
131
Density / Sq Mi
$100,761
Median Household Income
$48,247
Median Earnings
$1,419
Median Rent
$294,600
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Oversized lakefront parcel on Lake Monticello with gently sloping topography for a range of home designs.
Where is this waterfront land located?
The property is located at 31 FAIRWOOD PL Palmyra, VA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Over 1.4‑acre waterfront parcel on Lake Monticello; Gently sloping topography suited for a variety of home designs, including walk‑out basements; Located along the shoreline with space for expansive outdoor living areas
More about this property
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