VIRGINIA AVE Culpeper, VA $ 2,250,000
VIRGINIA AVE
$ 2,250,000
Recently Listed New Construction
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VIRGINIA AVE

Culpeper, VA, 22701
$ 2,250,000
Baths0.0

Monthly Estimate*

$ 13,854

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Studio

Multi-Family Home for sale in Culpeper, VA

for $2,250,000. The lot size is 2.45.

Looking to build a multi-family investment property in Culpeper, VA? Finding land zoned by right for multi-family development is nearly impossible these days and rezoning a property for that use is even more challenging. The approvals for this project have taken years to secure, and now Willow Grove is just weeks away from being fully shovel-ready. This project has full site plan approval from the Town of Culpeper to construct two buildings totaling 30 units, including a rentable management office. Owner has also obtained full building permit approval for the blueprints. The units are permitted under current codes to be converted into condominiums and sold individually. Additionally, the newly assigned RX zoning provides significant flexibility, including allowance for short-term rentals. While short-term rentals were prohibited in many zoning classifications during the Town of Culpeper's recent zoning overhaul, they were not banned under this designation ”” a major advantage for Willow Grove. The only remaining entitlement is the utility plat and deed required by the Town. Surveyor and attorney are currently preparing the remaining minor edits for the third submission. All necessary utilities are already present and accessible on

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Multi-Family Active

Price

$ 2,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,554

Style

Lot Size

2.45

Town/City

Culpeper

County/Region

Culpeper

MLS | Web ID

VACU2012830

List By
Re/Max Gateway

Broker

jakemcnemar@gmail.com

Email

Affordability Calculator

$14,066
Per Month
98%
2%
0%
Monthly Principal & Interest
$13,854
Monthly Property Taxes
$213
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.
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Nearby
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2026$2,250,000 Listed Price

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VIRGINIA AVE, Culpeper, VA, 22701 is a Multi-Family Home for sale at $2,250,000 with a lot size of 2.45. VIRGINIA AVE is a studio with 0.0 baths. The property's zip code is 22701 which is in Culpeper, VA