510 Mt Pleasant Farm RdScottsville, VA 24590
- Other commercial real estate
- 121,271,040 SF
Property Details for 510 Mt Pleasant Farm Rd
- Property size (Sq ft)
- 121,271,040 SF
- Property type
- Other commercial real estate
- Property subtype
- Other specialty properties
Description
Mount Ida Reserve presents a rare opportunity to acquire a sprawling 2,800-acre estate in Albemarle County, Virginia, just minutes from the University of Virginia. This exceptional property, situated along historic Blenheim Road near renowned wineries and estates, boasts an extensive array of features developed over nearly two decades. The estate includes multiple manor homes and single-family residences, award-winning event venues, stable barns, and storage buildings. A 45-acre private lake with beaches adds to its allure. Extensive infrastructure has been meticulously installed, encompassing miles of paved roads, underground power, high-speed fiber optics, board fencing, and multiple gated entrances. Five diesel backup generators and 25 springs ensure operational reliability. The property's 121,271,040 square feet are offered at $0.43 per square foot, for a total asking price of $52,600,000. With 150 by-right parcels, the property is primed for further development, or alternatively, presents a prime candidate for conservation easements. A hotel feasibility study for a 100-key hotel is available. This turnkey opportunity includes experienced staff, making it ideal for a family compound, corporate retreat, flagship campus, or long-term investment. The property has no conservation easements.
Location Insight
- City
- Scottsville
- County
- Albemarle
- State
- Virginia
- Latitude
- 37.8646
- Longitude
- -78.4829
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