845 RACCOON RIDGE RD Scottsville, VA 24590
4 Beds
5 Baths
3,000 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $950
Subdivision Albemarle
MLS Listing ID VAAB2001198
Style Other
Bedrooms 4
Full Baths 4
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 3,000
Year Built 2014
Tax Year 2026
Lot Size 121.290 Acres
Acres 121.29
Property Sub-Type Detached
Source BRIGHT
Property Description
Set against a backdrop of the Hardware River with views of the blue ridge mountains, Riverview Farm provides a rare blend of tranquility and convenience, situated close to downtown Charlottesville and surrounded by some of the region's most prestigious attractions.
The main home offers 3,000 square feet of completely renovated space with 4 full baths and one half bath and has been thoughtfully designed for both elegance and functionality. The guest home of 2,100 square feet, offering 4 bedrooms, 2.5 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. Both homes are constructed of high quality materials offering low maintenance features such as hardiplank siding and porcelain tile flooring . This cohesive design simplifies management, making the property ideal for both residential and investment purposes.
Beyond the existing homes, the assemblage includes four additional buildable lots and two by-right development rights on the remaining acreage, creating a total of 8 potential homes. Existing infrastructure, including underground electric and fiber, is already in place, streamlining future development.
Riverview farm 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, short-term rentals have proven profitable, with recent earnings for 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.
Location
State VA
County Albemarle
Zoning RA
Rooms
Basement Unfinished
Interior
Hot Water Other
Heating Heat Pump(s)
Cooling Central A/C
Fireplace N
Heat Source Central
Exterior
Parking Features Garage - Side Entry
Garage Spaces 2.0
Water Access N
Accessibility None
Attached Garage 2
Total Parking Spaces 2
Garage Y
Building
Story 2
Foundation Concrete Perimeter
Above Ground Finished SqFt 3000
Sewer No Sewer System
Water Well
Architectural Style Other
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Albemarle County Public Schools
Others
Senior Community No
Tax ID 123000000034C7
Ownership Fee Simple
SqFt Source 3000
Special Listing Condition Standard
