Property profile

510 Mt Pleasant Farm Rd Scottsville, VA 24590

OFF-MARKET
Commercial real estate
2784 ac lot Built 2005
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Property summary

AI-generated overview

Nestled in Southern Albemarle County, Virginia, near Charlottesville, this exceptional 2784-acre estate presents a once-in-a-lifetime opportunity. Formerly owned by Bernard Arnault, this meticulously maintained property boasts unparalleled scale and features, including miles of private river frontage, stunning mountain views, rolling hills, fertile farmland, hardwood forests, and a privately owned 45-acre lake with pristine beaches. Extensive infrastructure improvements include high-speed fiber-optic connectivity, miles of underground power lines, a concrete dam, 15 miles of paved roads, 25 miles of board fencing, and multiple automated wrought iron gated entrances. Five diesel backup generators and 25 springs ensure self-sufficiency. The property includes a collection of structures: large manor homes, single-family residences, award-winning event facilities, stable barns, and storage buildings. With 150 by-right parcels, it's ideal for a family compound, corporate retreat, flagship campus, or long-term investment, offering potential for development or conservation easements. A comprehensive hotel study for a 100-key hotel is available. Located minutes from Trump Winery, Albemarle Estate, and the University of Virginia, and near other renowned wineries and historical sites, this property offers unmatched privacy and prestige in a highly desirable location. The estate includes well-trained staff for seamless management and operations. This turnkey investment presents an unparalleled offering in one of Virginia's most celebrated regions.

Property profile

Verified
Property type Commercial real estate
Year built 2005
Lot 2784 ac (121,271,040 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

510 Mt Pleasant Farm Rd Scottsville, VA 24590
Scottsville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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