510 Mount Pleasant Farm Road
Scottsville, VA, 24590 $ 52,600,000
Baths0.0 Monthly Estimate*
$ 328,156
Studio for $52,600,000. The lot size is 2784.
Mount Ida Reserve is a once-in-a-lifetime opportunity located just outside the vibrant city of Charlottesville, Virginia, and only minutes from the stunning Trump Winery, Albemarle Estate, and The University of Virginia. Nestled in the heart of Southern Albemarle County along the historic Blenheim Road, this extraordinary property is surrounded by world-class attractions, including Monticello, Ashlawn Highland, Dave Matthews' Blenheim Vineyards, Grace Vineyard, and Steve Case's Early Mountain Vineyard. This premier location offers a unique chance to own a piece of Virginias most distinguished landscape. The former estate of Bernard Arnault, Mount Ida Reserve, has been meticulously transformed over the past two decades by its current owners. Boasting more than twice the acreage of nearby Trump Winery & Estate, this property stands out for its unparalleled scale and physical 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. Free from conservation easements, the property offers endless possibilities for development or preservation. The owners have invested significantly in infrastructure throughout the expansive acreage, creating a fully equipped and modernized estate. Highlights 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. The property is also supported by five diesel backup generators and features 25 springs, ensuring unmatched self-sufficiency and security. An impressive collection of structures enhances the estate, including large manor homes and single-family residences, award-winning event facilities, stable barns, storage buildings, and more. This exceptional property is ideal for a family compound, corporate retreat, flagship corporate campus, or a long-term investment opportunity. With 150 by-right parcels, Mount Ida Reserve is also uniquely positioned for future development. Alternatively, it presents an attractive option for conservation or stream impact easements, offering significant tax benefits. The estate includes well-trained, experienced staff for seamless management and operations, making it a turnkey investment. Additionally, a comprehensive hotel study for a 100-key hotel, prepared by HVS, is available for review. Whether envisioned as a private sanctuary, an iconic event venue, or a development opportunity, Mount Ida Reserve represents an unparalleled offering in one of Virginias most celebrated regions.
See more
Lots and Land ActiveBeer/Wine/Liquor,Land/Lot Only,Livestock,Multi Res
FeaturesGeneralSewer Septic Exists
Possession Negotiable
Zoning RA
School District ALBEMARLE COUNTY PUBLIC SCHOOLS
Property Subtype Land
Tax Year 2023
Current Use Beer/Wine/Liquor Land/Lot Only Livestock Multi Residential Residential Restaurant
Ownership Fee Simple
County ALBEMARLE
Property Type Land
HOA N
Possible Use Hotel/Motel Commercial Food & Beverage Investment Land/Lot Only Mixed Use Residential Restaurant Special Purpose Other
Water Access Y/N N
Status ACTIVE
Directions Call listing agent for directions
City SCOTTSVILLE
Lot Size Units Square Feet
Lot Size Square Feet 121271040.00
Tax Annual Amount 39430.0
Price Per Sq Ft Total AG 0.43
Additional Parcels Y/N Y
Vacation Rental Y/N N
Virtual Tour https://vimeo.com/manage/videos/452293781
Standard Status Active
See more
ExteriorWater Source Well
Water View Y/N N
Lot Size Acres 2784.00
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
See more
* Excluded FeaturesList ByTtr Sotheby's International RealtyBroker
daniel@danielheider.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $328,156
- Monthly Property Taxes
- $3,286
- 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.
Learn more about how to save NearbyLots and land listings in Scottsville, VA
Average List Price $5,241,841
Percent of Sale Price 90%
About Scottsville, VA 580 Population
3% Since 2002
$ 58,296 Median Income
44.23 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
3536725 Elementary School
3536715 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/29/2023 | $52,600,000 | | Listed Price |