Charlottesville, VA 22901,480 RIO ROAD EAST

$1,360,000

$1,750,000

22.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6.52 Acres Lot


SOLD DATE : 08/07/2023

Key Details

Sold Price $1,360,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Unknown

MLS Listing ID 633951

Sold Date 08/07/23

HOA Y/N N

Originating Board CAAR

Annual Tax Amount $12,387

Tax Year 2022

Lot Size 6.520 Acres

Acres 6.52

Property Description

SITUATED IN ALBEMARLE COUNTY JUST NORTH OF THE CITY LIMITS, ONLY 1.5 MILES NORTH OF THE DOWNTOWN MALL, JUST OFF PARK ST. AND RIO RD. EAST, is the 6.5 acre site with two houses, known historically as LOCHLYN, and now named ECOVILLAGE CHARLOTTESVILLE by the current Owner. The Owner has been working with planners and the County of Albemarle to develop on this property into an environmentally sensitive and sustainable housing community. This land has a current zoning of R4, however, the Owner believes Albemarle County would approve somewhere between 32-38 dwelling units on the site. This is a concept at this stage, but has several years of planning behind the concept, waiting for a visionary developer to complete the project. or something similar.,ECOVILLAGE CHARLOTTESVILLE AT LOCHLYN

Location

State VA

County Albemarle

Zoning R-4

Interior

Fireplace N

Exterior

View Garden/Lawn, Park/Greenbelt, Other, Trees/Woods

Road Frontage Public

Garage N

Building

Lot Description Sloping, Open, Partly Wooded

Sewer Septic Exists

Water Public

Additional Building Tenant House

Schools

Elementary Schools Agnor-Hurt

Middle Schools Burley

High Schools Albemarle

School District Albemarle County Public Schools

Others

Ownership Other

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Listed by JIM FAULCONER • MCLEAN FAULCONER INC., REALTOR
Bought with Unrepresented Buyer • UnrepresentedBuyer
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(703) 597-1986

smilingregroup@gmail.com

8521 Leesburg Pike, Vienna, VA, 22182, USA

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.