6518 Jefferson Mill Road
Scottsville, VA, 24590 $ 6,900,000
Bedrooms-- Baths-- Monthly Estimate*
$ 42,484
for $6,900,000. This building was built in 2014 on a lot size of 268.
Introducing an extraordinary opportunity to own a community of eight single-family homes and five finished lots, with an additional eleven lots permitted by-right, nestled in the heart of Albemarle County. This property is ideally situated within the exclusive 5,000-acre Mount Ida Reserve, offering unparalleled proximity to Charlottesvilles finest destinations. Just minutes from the world-renowned Trump Winery and the luxurious Albemarle Estate, as well as the Tasting Room & Tap House at Mount Ida Reserve, this exceptional offering seamlessly combines investment potential with the allure of Virginia wine country. Set against a backdrop of over 250 acres of rolling hills, The Farms at Jefferson Mill is a picturesque neighborhood of colonial-style homes with extensive road and river frontage. The location provides a rare blend of tranquility and convenience, situated close to downtown Charlottesville and surrounded by some of the regions most prestigious attractions. Each home and lot in this remarkable neighborhood has been thoughtfully designed for both elegance and functionality. The homes feature hardi-plank siding and range from 2,100 to 3,000 square feet, offering 4-5 bedrooms, 2.5-3.5 baths, an attached 2-car garage, a 20 x 12 deck, and an 1,100-square-foot unfinished walk-out basement, roughed-in for an additional bedroom and bathroom. This cohesive design simplifies management, making the property ideal for both residential and investment purposes. Beyond the eight existing homes, the assemblage includes five additional buildable lots and eleven by-right development rights on the remaining acreage, creating a total of 25 potential homes. Existing infrastructure, including underground electric and fiber, is already in place, streamlining future development. The Farms at Jefferson Mill offers unmatched versatility: it can be operated as a traditional single-family home community or leveraged as a short- or long-term rental investment. The locations proximity to Mount Ida Reserve, which hosts over 50,000 annual guests, ensures consistent demand for short-term rentals. Historically, long-term rentals have generated an annual income of $192,000, while short-term rentals have proven even more profitable, with recent earnings of $245,000 annually and weekend stays fetching $3,000 each. Coupled with the income potential, the additional by-right development presents a unique upside for an extraordinary investment opportunity.
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Commercial ActiveBed and Breakfast,/General Retail,Recreation,Relig
FeaturesInteriorHeating Fuel Central
Hot Water Other
Heating Y/N Y
Central Air Y/N Y
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GeneralSewer Septic Exists
Heating Heat Pump(s)
Cooling Central A/C
Possession Immediate Settlement
Zoning RA
Construction Materials HardiPlank Type
Year Built 2014
Property Subtype Five Or More Units
Tax Year 2023
Ownership Fee Simple
Cool Fuel Electric
Business Type Bed and Breakfast Other/General Retail Recreation Religious Facility Restaurant/Bar
Accessibility None
County ALBEMARLE
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Google or Waze
City SCOTTSVILLE
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 11674080.00
Tax Annual Amount 4259.0
Price Per Sq Ft Total AG 272.88
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Legal Subdivision The Farms at Jefferson Mill
Tax Lot 34C7
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ExteriorWater Source Well
Type of Parking Other
Water View Y/N N
Building Area Total 25286.00
Lot Size Acres 268.00
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 164100.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByTtr Sotheby's International RealtyBroker
daniel@danielheider.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $42,484
- Monthly Property Taxes
- $355
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 NearbyCommerical listings in Scottsville, VA
Average List Price $23,833,333
Percent of Sale Price 245%
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.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/22/2025 | $6,900,000 | -9.21% | Price Down |
| 4/30/2024 | $7,600,000 | | Listed Price |