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31 Orchard Rd, Lovingston, VA 22949

$250,000
6
BD
2
BA
2,568
SqFt
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Sold Price
$250,000
List Price
$299,900
Days on Market
33
Closing Date
Apr 29, 2024
MLS#
649801
Status
CLOSED
Type
Single Family Residential
Style
Other
Year Built
1825
Bedrooms
6
Full-baths
2
County
Nelson
Subdivision
Unknown
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(703) 623-9354

Property Description

Incredible opportunity to own a large 35 acre parcel with 8 division rights and still intact original 1820's farm house. Zoned residential toward the front and agriculture toward the back, and with the ability to re-zone as commercial, the possibilities for this property are endless. Imagine an office, winery or distillery, or country store in the original farm house. Or building your new home on site and keeping the farmhouse as a guest house or small business. Or utilizing the division rights to develop 8 new homes. The parcel has frontage on Route 29 and toward the rear leads up beautiful, rugged cliff faces and mountain. Historic rehab tax credits are available for the farm house! Property sold as-is, the farmhouse is not habitable and in need of complete renovation.

(703) 623-9354
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Additional Information

Acres
35.16
Living Area
2,568
Elementary School
Tye River
Middle School
Nelson
High School
Nelson
Roof
Metal
Cooling
None
Heating
None
Taxes
$340
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Listing courtesy of COMPASS-CHARLOTTESVILLE. Contact:

Selling Office: JASON MITCHELL REAL ESTATE.