481 RACE GROUND ROAD Somerset, VA 22972

$2,500,000
481 RACE GROUND ROAD, Somerset, VA 22972
Call 1-800-839-1363
1000402996

Lots and Land for sale in Somerset, VA

for $2,500,000. The lot size is 365.00 Acre(s).

Property Information

  • $2,500,000
  • Lots and Land
  • Taxes are $3,898
  • Active
  • Lot size of 365.00 Acre(s)
  • Somerset, VA
  • Orange County
  • MLS/Web ID is 1000402996
  • Just Listed

Description

This productive Madison County crop farm of approximately 363+/- acres offers fertile soils and gentle topography. This is one of the nicest crop farms in Central Virginia. The property has extensive frontage on the Rapidan River and beautiful distant Blue Ridge Mountain views. It is located less than 2 hours from D.C. & 35 minutes from Charlottesville. Just minutes from nice restaurants, winery

Interior 2

Sewer

  • Septic at Site

Water Source

  • Well

Exterior 4

Fence

  • Partial

Lot Description

  • Backs To Trees
  • Bottom Land
  • Clear Lot
  • Rolling/Hilly
  • Wooded / Trees

Road Frontage

  • Private Road

Waterfront Description

  • Access
  • Stream

Miscellaneous 1

View

  • Mountain View
  • Pasture View
  • Water View

Rental 1

Landlord Pays

  • Sewer

† Excluded Feature

Neighborhood & Schools

School District: MADISON COUNTY PUBLIC SCHOOLS

Listed By

Broker: GAYLE HARVEY REAL ESTATE INC

481 RACE GROUND ROAD, Somerset, VA, 22972 is a Lots and Land for sale at $2,500,000 with a lot size of 365.00 Acre(s). 481 RACE GROUND ROAD has 0.0 baths. The property's zip code is 22972 which is in Somerset, VA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Somerset $2,034,999 19 % below $2,250,000 10 % below
Lots and land listings in Somerset $2,949,200 18 % above $2,500,000 0 % below
Sold listings in Somerset $461,289 82 % below $260,000 90 % below

Local Sold History

Address Beds Baths Sqft Sold Price Sold Date Distance (miles)
736 RACE GROUND RD
Rochelle, VA
3 3.00 4372.00 $1,400,000 6/22/2017 1.71

Get the facts about Somerset, VA!

Population 443
Population Growth (since 2000) 17 %
Median Income $55,416
Median Age 47.52
Households w/ Children 26 %

Residential Dwellings

  • Owned 137
  • Vacant 17
  • Rented 43

Similar Listings

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