Tbd Albevanna Spring Rd, Scottsville VA 24590

$975,000
MLS #:652732

187.00acres

Property Type: land

Subcategory: Agricultural

HOA: No

Area: Albemarle

Driveway: No

Water: Spring

Kickout: No

Annual Taxes: $767

Tax Year: 2023

Legal: Acreage Parcel C & D, Acreage Tract C

Directions: Take Thomas Jefferson to Buck Island Rd, Turn right on Martin Kings Rd, Left on Jefferson Mill Rd, Left on Albevanna Spring Rd, Property is a mile down on left

Nestled amidst the serene beauty of Scottsville, Virginia, lies an unparalleled opportunity to own an exquisite 187-acre parcel of land, once a cherished part of the illustrious 600-acre Jefferson Mill Farm. Managed with precision and care in consultation with the VA Department of Forestry, the timber on this land is a testament to its stewardship and longevity, offering substantial current and future timber value and excellent investment potential. The last planting of loblolly pine occurred in 2016, and the land is poised for selective thinning within the next 5 years. With no land preservation easements in place and currently in a forestry land use designation, the possibilities for this property are endless. Unspoiled by exploitation, this land represents an excellent investment opportunity. A number of potential uses are suggested, including hunting/recreation, timber/investment, development (with division rights), or as a quiet and beautiful sanctuary on which to build your dream home. The property fronts on the Hardware River, with great building sites above the river and State Route 622, a state-maintained hard surface road, providing accessibility and natural beauty that converge seamlessly on this remarkable property!

Days on Market: 129

Updated: 7/01/24

Courtesy of: Frank Hardy Sotheby's International Realty

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Directions:

Take Thomas Jefferson to Buck Island Rd, Turn right on Martin Kings Rd, Left on Jefferson Mill Rd, Left on Albevanna Spring Rd, Property is a mile down on left
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Listing Office: Frank Hardy Sotheby's International Realty