Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Central, Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    HardiPlank Type

  • Parking

    Other

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    121.29

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $2,850,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Septic Tank

  • Water Source

    Well

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Location

County

ALBEMARLE

Elementary School

Middle School

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Listing Courtesy of Daniel M Heider , TTR Sotheby's International Realty

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Introducing an extraordinary opportunity to own a family compound or to develop a small community of  single-family homes.  Riverview Farm  consists of two beautiful homes each on their own lots,   an additional  four finished lots, and  an additional two lots permitted by-right, all nestled along the Hardware River 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 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.

845 RACCOON RIDGE ROAD

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