481 RACE GROUND RD Somerset, VA $ 2,000,000
$ 2,000,000 Get more info
481 RACE GROUND RD
$ 2,000,000

481 RACE GROUND RD

Somerset, VA, 22972 | Sold
$ 2,000,000
Bedrooms-- Baths0.0
Is this your home? Yes, I would like to know how much it is worth
This listing has been Sold.
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Lots and Land
$ Sold

Price

$ 2,000,000

Property Type

Lots and Land

Taxes

$ 2,085

Style

Agriculture

Lot Size

291 Acre(s)

Town/City

Somerset

County/Region

Orange

MLS | Web ID

638885

Features
Interior
Sewer Septic Tank
Water Source Well
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Exterior
Driveway Driveway
Exterior Farm Equipment/Buildings Riding Trails Silo
Fence Cross Fence Electric Fencing None Other Wire
Lot Description Bottom Land Elevated Gently Rolling Grain Farm Open Lot Partially Wooded
Road Frontage Gravel Road Private Road
Waterfront Description River Stream Waterfront Property
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Miscellaneous
Location Farm
Restrictions Electric Easement
Utilities Propane
View Mountain View Pastoral View Water View
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* Excluded Features
List By
Wiley Real Estate-Orange

Broker

justin@wileyproperty.com

Email

Affordability Calculator

$13,899
Per Month
99%
1%
0%
Monthly Principal & Interest
$13,725
Monthly Property Taxes
$174
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
Madison Primary Elementary School
Wetsel Middle School
Madison (Madison) High School
Pricing History
DatePricePrice ChangeDescription
6/21/2023$2,200,000 -8.33% Price Down
5/9/2023$2,400,000 -4.00% Price Down
4/11/2023$2,500,000 -9.75% Price Down
2/27/2023$2,770,000 Listed Price

Lots and Land for sale in Somerset, VA

for $2,200,000. The lot size is 291 Acre(s).

Glenwood, circa 1850 located in the Somerset area of Madison county. The 291 acres are mostly open with exceptional soils ideal for horses, cattle, or crops. Pastures have good fencing, and automatic waters. The farm has long frontage on the Rapidan River, and has a significant stream running through the property. Wonderful views of the Blue Ridge, and South West Mtns at numerous locations on the property. The historic frame house has a brick foundation with two floors above an English basement. The house has four bedrooms, and two full baths, and is in need of renovation. Additional structures include an 1850 summer kitchen, two bedroom tenant house, numerous cattle barns, cattle feedlot and equipment sheds. Farm is an ideal candidate for a conservation easement. Located within two hours of DC, and thirty minutes to Charlottesville. Property is being sold in as-is condition.

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Map


481 RACE GROUND RD , Somerset, VA, 22972 is a Lots and Land for sale at $2,200,000 with a lot size of 291 Acre(s). 481 RACE GROUND RD has 0.0 baths. The property's zip code is 22972 which is in Somerset, VA