510 Mt Pleasant Farm Rd Scottsville, VA 24590
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Luxury Estate, 2800 Acres, VA
Property size:
121,271,040 SFProperty Features for 510 Mt Pleasant Farm Rd
General Information
- Property type
- Multifamily properties
- Square Feet
- 121,271,040 SF
Listing Agency: HEIDER HQ - TTR SOTHEBY'S INTERNATIONAL REALTY Listing Agent: Daniel Heider
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Mount Ida Reserve presents a rare opportunity to acquire a sprawling 2,800-acre estate in Albemarle County, Virginia, just minutes from the University of Virginia. This exceptional property, situated along historic Blenheim Road near renowned wineries and estates, boasts an extensive array of features developed over nearly two decades. The estate includes multiple manor homes and single-family residences, award-winning event venues, stable barns, and storage buildings. A 45-acre private lake with beaches adds to its allure. Extensive infrastructure has been meticulously installed, encompassing miles of paved roads, underground power, high-speed fiber optics, board fencing, and multiple gated entrances. Five diesel backup generators and 25 springs ensure operational reliability. The property's 121,271,040 square feet are offered at $0.43 per square foot, for a total asking price of $52,600,000. With 150 by-right parcels, the property is primed for further development, or alternatively, presents a prime candidate for conservation easements. A hotel feasibility study for a 100-key hotel is available. This turnkey opportunity includes experienced staff, making it ideal for a family compound, corporate retreat, flagship campus, or long-term investment. The property has no conservation easements.
Property Profile
Location Intelligence
Current Use by Public Records
Hotels
Map
- City
- Scottsville
- County
- Albemarle
- State
- Virginia
- Longitude
- -78.4828532
- Latitude
- 37.8646309
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FAQs
What type of property is this?
Multifamily property - Luxury Estate, 2800 Acres, VA
Where is this multifamily property located?
The property is located at 510 Mt Pleasant Farm Rd Scottsville, VA.
What is the asking price?
The asking price for this property is $52,600,000.
What are key features of this property?
This property features: $52,600,000 asking price.; 2,800-acre property in Scottsville, VA, near Charlottesville and the University of Virginia.; Mixed-use property including hospitality, residential, and land components; 121,271,040 square feet, $0.43/sq ft.