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$7,600,000
237 Days On Site

6308 Jefferson Mill Rd
Scottsville, VA 24590

For Sale|Land|Active
County:
ALBEMARLE
Listing courtesy of TTR Sotheby's International Realty

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(703) 718-6344
6308 Jefferson Mill Rd6308 Jefferson Mill Rd6308 Jefferson Mill Rd6308 Jefferson Mill Rd
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Introducing an extraordinary opportunity to own a community of nine 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 Charlottesville’s 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 region’s 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 nine 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 location’s 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 $228,000, while short-term rentals have proven even more profitable, with recent earnings of $288,000 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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Listing Snapshot
Price 
$7,600,000
Days On Site 
237 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
289.4 Acres
Year Built 
N/A
MLS® Number 
VAAB2000600
Status 
Active
Property Tax 
$4,259
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
8 months agoListing first seen on site
General Features
Acres 
289.4
Sewer 
Septic Tank
Water Source 
WellPrivate
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Community Features
School District 
ALBEMARLE COUNTY PUBLIC SCHOOLS
Schools
School District
ALBEMARLE COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of TTR Sotheby's International Realty



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Neighborhood & Commute
Source: Walkscore
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