Real Estate Weekly 3.29.2012

FREE

Real Estate Weekly www.cAAr.com

CAAR

vol. 21 no. 13 n mArch 29 - APril 4, 2012

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A PublicAtion of the chArlottesville AreA AssociAtion of reAltors® Charlottesville, Albemarle, Fluvanna, Greene, Louisa, Madison, Nelson, Orange

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m a r c h 2 9 - a p r i l 4 , 2 0 1 2 | I s s u e 21 - 13

Attention Investors And First Time Homebuyers!

This well maintained home is MOVE-IN READY and there are no HOA fees!! You will enjoy the UPDATED FEATURES and 1/2 acre lot in the ESTABLISHED TRAILSIDE NEIGHBORHOOD in Ruckersville. CALL TODAY! MLS#497496 $159,900

Great Features Include • Pergo flooring, • Pella sliding doors, • built-in cabinets • fireplace with gas logs • walk In closet • large back deck • paved driveway • landscaped yard • AND MUCH MORE!

“Cathy was truly instrumental in helping to make one of our dreams a reality! Her sage advice and wealth of knowledge is priceless.”

~ Dana Kenworthy

Cathy Garrison REALTOR, ABR, SRES, SFR, QSC

434.989.5849 • cathygarrison@comcast.net www.CvilleLandlord.com

Professional Service.

At its best!

Attention Investors:

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

We Have Multiple Income Producing Properties For Sale in the Region.

Prime Rt 29/ Barracks Rd. Property Existing Lord Hardwicke’s

Triangle Realtors

New Cookout

• Rare Offering Available on one of the Best Commercial Corridors in Virginia • Could Accommodate Many Uses Food, Retail, Office • 4,100 SF • .8 Acres

Peter Wray

Principal Broker

540-849-9020 540-885-5181 2903 N. Augusta St. Staunton, VA 24401 Charlottesville Office P.O. Box 4807 Charlottesville, VA 22905

email: peterhwray@aol.com Web: www.trianglerealtors.net

• AGENT MUST BE PRESENT

Prime Parcel in Pantops Growth Area • Over 186 Feet of Road Frontage

• Pad Ready Site with All Utilities • 1.27 Acres • Zoned HC

• ABR Approved 12,500 SF Building

I s s u e 21 - 13 | m a r c h 2 9 - a p r i l 4 , 2 0 1 2

Martha Jefferson Hospital

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CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

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Open Houses ....................................6-7

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Homes for the First-Time Homebuyer...... 6 Homes for Sale in Every Price Range .. 6 Lots, Land & Acreage............................... 7 News & Views........................................... 8 Neighborhoods ...............................9-10 New to the Market..................................10

feature

Green Projects House & Home That Won’t Break the Bank!

By Joanne DiMaggio

Charlottesville Offers Real Benefits to Real Estate Investors ....... 18

By Celeste M. sMuCker, Ph.D.

10 Green Projects That Won’t Break The Bank! ............................... 34

By Joanne DiMaggio

Sales Stats........................................ 38 Classifieds ........................................ 38

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Real Estate Weekly www.cAAr.com

vol. 21 no. 13 n mArch 29 - APril 4, 2012

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Sonja Casero, (434) 981-3523 Multi-Million Dollar Top Producer for over 20 years Consistent Award Winner Hall Of Fame

Call Sharon, (434) 981-7200 Over $13 Million Sold in 2009.

Native of Charlottesville with over 25 years of local Real Estate Experience. Hall Of Fame

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Search on the Go! 4DBO UIJT DPEF UP WJTJU PVS NPCJMF TJUF PS UP EPXOMPBE UIF GSFF 3ZBO )PNFT "QQ Prices, offers, financing and availability subject to change without notice. See a Sales and Marketing Representative for details.

NVR, Inc. is the recipient of the EPA's 2011 and 2012 ENERGY STAR® Partner of the Year Award - Large Builder, and Ryan Homes is an NVR brand.

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

with a robust renter base

m a r c h 2 9 - a p r i l 4 , 2 0 1 2 | I s s u e 21 - 13

Open Houses

open

sunday

1

april

house Ma r ch

3 1 st

saturday

31 march

2 0 12

Albemarle 2084 AVINITY LOOP AVINITY ATH MLS# 492260 $309,900 1565 NEWCASTLE CT PAVILIONS AT PANTOPS ATH MLS# 490341 $359,900 21 WINDMERE LN OLD TRAIL PDT MLS# 495710 $610,000

&

ap r i l

1 st

fluvanna 209 AUGIE ALLEY SYCAMORE SQUARE PAT MLS# 487523 $149,990

greene

2145 FRAY RD ADVANCE MILLS VILLAGE DET MLS# 490666 $244,000 2099 AVINITY LOOP AVINITY ATH MLS# 487265 $296,307 2084 AVINITY LOOP AVINITY ATH MLS# 492260 $309,900

louisa

1565 NEWCASTLE CT PAVILIONS AT PANTOPS ATH MLS# 490341 $359,900

31 ARROWWOOD ST SPRING CREEK DET MLS# 494239 $354,500 56 BEAR ISLAND PKWY SPRING CREEK DET MLS# 492369 $497,300

1113 CAMBRIDGE HILL LN GLENMORE DET MLS# 491062 $769,900 CAAR Real Estate Weekly | celebrating 20 years 1992-2012

Albemarle

59 LARCHMONT CIR GREENECROFT PDT MLS# 478964 $232,990

137 TURKEY TROT LN SPRING CREEK PDT MLS# 493546 $324,990

2095 AVINITY LOOP AVINITY ATH MLS# 487264 $326,312 5623 UPLAND DR OLD TRAIL ATH MLS# 484463 $385,700 1685 CAPRI WAY FONTANA DET MLS# 497256 $425,000 850 WINDRIFT DR WINDRIFT DET MLS# 497396 $459,900

charlottesville

5900 BURNETT LN ADVANCE MILLS VILLAGE DET MLS# 493438 $494,000

101 LONGWOOD DR LONGWOOD ATH MLS# 484693 $248,900

92 VENABLE CREEK LN VENABLE CREEK SOUTH DET MLS# 479081 $399,950

3405 PIPERFIFE CT GLENMORE DET MLS# 489068 $549,000

71 VENABLE CREEK LN VENABLE CREEK SOUTH DET MLS# 479080 $399,950

21 WINDMERE LN OLD TRAIL PDT MLS# 495710 $610,000

2 0 12

quick search

1710 DORINGH PL STILL MEADOW DET MLS# 496499 $499,900

89 CLAYMONT DR CLAYMONT DET MLS# 496796 $679,900 1113 CAMBRIDGE HILL LN GLENMORE DET MLS# 491062 $769,900 3005 EARLYSVILLE RD NONE DET MLS# 497517 $779,000 848 COLRIDGE DR KENRIDGE ATH MLS# 461139 $961,326

charlottesville 101 LONGWOOD DR LONGWOOD ATH MLS# 484693 $248,900 703 RAINIER RD CHERRY HILL ATH MLS# 492992 $299,900 1503 GROVE RD RUTLEDGE DET MLS# 496005 $525,000

fluvanna 3211 BRANCH RD NONE DET MLS# 496358 $210,000

greene 2 MOUNTAINSIDE DR LITTLE MOUNTAIN ESTATES DET MLS# 497116 $379,900 115 WEXFORD RIDGE RD WEXFORD DET MLS# 483856 $384,900 212 WEXFORD RIDGE RD WEXFORD DET MLS# 492872 $394,900

louisa 56 BEAR ISLAND PKWY SPRING CREEK DET MLS# 492369 $497,300

nelson 32 WOOD THRUSH LN STONEY CREEK DET MLS# 488752 $495,000

All information deemed accurate as of 9:00 a.m. Tuesday, March 27th 2012 as per CAAR MLS Open House data.

www. charlottesville realestate weekly.com

1764 HOLLANDS RD NONE DET MLS# 496711 $368,500

ATH=Attached • CND=Condominium • DET=Detached FRM=Farm PDT=Proposed Detached PAT=Proposed Attached PCD=Proposed Condominium

HOMES FOR THE

First-Time

Home Buyer HOMES

$ 25 0 , 0 0 0

&

UN D ER

Homes in every

For Price Sale Range!

123 Boxwood court IN SIGHt oF uVA

1410 BAKER STREET PERFECT FOR A HOME OFFICE

LOCATION & CONVENIENCE Like new townhouse sitting on top of a hill with Fantastic Views in Stoney Ridge/Mill Creek area. In sight of both UVA Hospital & the pavilion; Walk to Shopping area; open floor plan, 9ft ceilings give spacious feel; Large windows with 2 bay windows and window seats; French Door with transom windows to drench living areas with natural light; lower level is unfinished for future expansion with roughed-in bath; vented microwave and large rear deck. MLS# 494385

Cute! Cute! 3 bedrooms, plus office and full basement. All freshly painted, floors cleaned, new hardwood floors, great backyard that is fenced. Room on left of house has own entrance and would be great for home office.

MLS#486245

$175,000

MILDRED MORRIS 434-981-2599

$248,800

cArLA L. MYrtLE 434-962-8913

I s s u e 21 - 13 | m a r c h 2 9 - a p r i l 4 , 2 0 1 2

We’ve Got Central Virginia

CAAR

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a PubLicatiON Of the charLOttesViLLe area assOciatiON Of reaLtOrsÂŽ Charlottesville, Albemarle, Fluvanna, Greene, Louisa, Madison, Nelson, Orange

Real Estate Weekly

VOL. 20 NO. 10

Real Estate Weekly

VOL. 20 NO. 17 n apriL 28 - may 4 , 2011

www.caar.cOm

FREE

a pubLicatiON Of the charLOttesViLLe area assOciatiON Of reaLtOrsÂŽ

n

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march 10 - march 16, 2011

CAAR

www.caar.cOm

CAAR

Real Estate Weekly

VOL. 20 NO. 3 n jaNuary 20 - jaNuary 26, 2011

FREE

a PubLIcaTION Of ThE charLOTTESVILLE arEa aSSOcIaTION Of rEaLTOrSÂŽ Charlottesville, Albemarle, Fluvanna, Greene, Louisa, Madison, Nelson, Orange

Charlottesville, Albemarle, Fluvanna, Greene, Louisa, Madison, Nelson, Orange

top

the Book 2011:

VA F e s t i VA l o F

rOOf

Tweets!

PaGe 9

inspections

& Maintenance

KaThrYN STOcKETT

VALLEY LiViNG

Bringing Readers to

charlottesville

bY KEN wILSON

properties available Over the mountain!

Foxfield Races

DaVID ShENK

open sunday, april 1st 1:30 pm or 2:30 pm tour times university village - 4 homes open to view!

#1208

phyllis novotny 434-760-0548

#2305

sabina harvey 434 981-1147

#1305

linda broadbent 434-960-0375

#2406

anita dunbar 434-981-1421

saturday, apriL 30th

Log Homes: More Than a Cabin in the Woods

By Joanne DiMaggio

Unique Touches to a unique home page 22

Financing

Unconventional

HOMES page 28

Lots & Land

fiNd yOur Perfect PLOt

Horse Properties

KaThY rEIchS

PaGE 22

PaGE 10

Foreclosure Alternative:

by ceLeste m. smucker, ph.d.

JIm LEhrEr

ThE caT IN ThE haT

First-Time

Homebuyers ThE ShOrT SaLE SEcTION

CAAR

Real Estate Weekly

University Village offers the ultimate for independent living. Beautiful views of the Blue Ridge Mtns & manicured gardens. Freshly painted w/new & updated appliances. Wood floors throughout the home. 9’ ft. ceilings. All amenities & services are included in mo.

HOA fee except taxes & phone. Dining fee: $225 per mo. Underground parking is included plus fitness center w/heated pool, chauffeur, guest suites, & library. Small approved pets are permitted. Prices range from $249,000 to $279,000. “Stage to Sell� consultant, Liz Blankenship will be present to talk with guests.

Open Houses

COVERED!

2 4 H O U R S • 5 2 w e e k S • 3 6 5 d ay S p e R y e a R

directions: From Foods of All Nations, take Old Ivy Rd under the RR tracks and proceed to Crestwood Dr. Turn right and drive to top of hill.

A Virginia Tradition Since 1927

Roy Wheeler Realty Co. 80 Celebrating Over 75 85 years of Trust, Tradition, and Market Leadership Ednam Hall • 1100 Dryden Lane • Charlottesville, VA 22903 • (434) 951-5155 • Fax (434) 951-5190

W CO ATE LO RV NI IEW AL

OPEN HOUSES Sunday, april 1St 89 ClaymONt DrivE

Time: 1-4 pm

Hosting Agent: Mike Peters

115 WExFOrD riDgE rOaD

Time: 1-3 pm

Hosting Agent: Matthew Woodson

BEaUtiFUl CUStOm -BUilt country manor style home with wrap around porch sits quietly nestled on a 2.88 partially open lot near Earlysville.

Built with fine materials and workmanship, this home features a 2 story foyer with inlayed hardwood flooring, formal dining room with FP, 1st floor master, whole house generator, 2 car garage. $679,900.

JUSt FiNiSHED and ready to move in. this upgraded “Berkshire� model sits on the community pond with mountain views. Hardwood floors, granite counters, gas fireplace, built-in cabinets, 9’ ceilings, stainless appliances, unfinished basement - the list goes on and on. Wexford Community offers stunning views and location with amazing pricing. $384,900.

Directions: Take 743 north through Earlysville, bear left at Earlysville store onto Buck Mtn. Road. Right on Markwood, right into Claymont. House on right towards back of neighborhood.

Directions: U.S. Rte. 29 North to Left on Fray’s Mill Rd (SR 641) for half mile to Right on Spring Hill Rd (SR 606) for one mile. Left into Wexford, stay right at Y, Home on Left.

mike Peters 951-5119/981-3995. (496796)

matthew@royWheeler.com 960-5187. (483856)

LAND, Lots, & Acreage

tOWN CENtEr iN OlD trail

Mon. - Sat. 10-4, Sun. 1-4

Agent on site

OlD trail villagE is situated just 12 miles west of Charlottesville and UVa in historic Crozet.

The Blue Ridge Mountains serve as the backdrop to a growing community that offers golf, swimming, walking trails and a county park. Come visit us at our new office in the town center. Lot prices start at below $100,000. stevew@virginiafineproperties.com Steve White, 951-5112.

Directions: From Charlottesville 250 West to right into Old Trail (across from Western Albemarle High School).

21 JEFFErSON DrivE

Time: 1-3 pm

Hosting Agent: Susan Stewart

FrESH NEW HOmE features a country front porch, deck, 3BR/2.5BA and spacious great room.

Luxurious features include maple cabinets and vanities and brushed nickel fixtures. You cannot afford to miss this special offer. Call today to find out how you can own this brand new home for under 160,000! susanstewart76@gmail.com Susan Stewart 434-242-3550. (491724) susanstewart76@gmail.com Susan Stewart 434-242-3550. (491724) Directions: Lake Monticello Main Gate, left on Jefferson, follow around to approx. 23 Jefferson, look for sign. Bring this ad for admittance to gate.

4877 BROWNS GAP TPKE WESTERN AlBEmARlE Dreamy Mountain Views on 16 Acres w/Division Rts! Vacant land. Doyles River is Gorgeous! Browns Gap Rd frontage. GORGEOUS BLUE RIDGE MTN VIEWS! Possible Division rights! Tons of privacy! Area is full of large-acreage estates. This is a beautiful parcel of land to enjoy nature! PERFECT LOCATION! 6 min to White Hall, 11 min to Crozet, 35 min to UVA, 35 min to Airport. Owner financing available. Includes $20k worth of culvert pipes to build bridge over Doyles River. MLS#496967, $189,000

www.CynthiaHash.com 434-531-5351

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

Email: homes@roywheeler.com • Website: roywheeler.com

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

real estate news

m a r c h 2 9 - a p r i l 4 , 2 0 1 2 | I s s u e 21 - 13

CAAR REAL ESTATE WEEKLY

NEWS 6)%73 Real Estate Related News

CAAR Spring Fling Hits Refresh Button with Attendees Deciding on which session to go to was a tough choice for many of the 100-plus attendees at the CAAR 2012 Spring Fling. The event, held on Thursday at Farmington Country Club, offered a completely new menu of classes with special emphasis on taking technology tools to the next level.

The day started off with 50 tech tips for MLS, including keyboard shortcuts and improving startup speed. In the advanced MLS class, participants learned how to: set defaults for faster searches; use extended search features; and add an HTML signature to List-It emails.

Attendees also learned the dos and don’ts of working with digital cameras. Local professional photographer and instructor Victoria Dye reviewed everything REALTORS® need to know in photographing their

properties, from what camera setting to use for the best results in shooting in fluorescent vs. incandescent and indoor vs. outdoor environments to composition and how to follow the rule of thirds (grass, house and sky).

“In a room, try to place all of the elements so it’s pleasing,” the awardwinning photographer said. “You don’t want to shoot from the back

of the sofa, because you’re going to trip over it when you walk through the space.”

William James brought attendees up-to-speed on cloud computing solutions. A national authority on handheld computing and mobile technology, Williams advised participants in selecting the right mobile apps tailored to the agent-client relationship. He explored a wide range of online tools at REALTORS®’ fingertips, such as building a client relationship management system; managing and collaborating on contracts and documents; and creating flexible, customizable Web-based calendars.

Williams lead another session in the afternoon devoted solely to smartphones, tablets and other devices to create the ultimate mobile office.

The 100-year photographic history of Charlottesville, presented by professional photographer Steve Trumbull during lunch, was wildly popular with attendees.

Building your brand and business online was a hot topic in the afternoon. Marijean Jaggers, a reputation management expert and president of Jaggers Communications, shared valuable trends in social media and the benefits of managing an online identity. In particular, she empha-

G. William James (top right) is a leading training professional in handheld computing/mobile technology and presented two sessions on Thursday.

Fifty MLS tech tips and tools for advanced MLS use (middle right) helped attendees harness the power of technology.

Four Sales Ltd. (bottom) was one of 10 outstanding sponsors of the CAAR 2012 Spring Fling.

sized research results that small businesses that blog regularly get 55 percent more Web site visitors.

“Drive people back to your home base from email and social media profiles,” Jaggers said. “People are going to develop a trust with what’s behind the brand.”

The last program to wrap-up for the day covered the new Residential Standard Agency requirement for license renewals after July 1, 2012.

CAAR greatly appreciates the support of its 2012 event sponsors: Four Sales Ltd. Student Services Moving and Storage

StellarOne Nationwide Ray Hogan and Associates UVA Community Credit Union Albemarle Family Farm Credit of the Virginias New American Mortgage Arden Place Apartments First American Home Buyers Protection Corp.

What’s Happening Around Town?

Purrs & Paws Spring Adoption Event The Fluvanna SPCA is hosting Purrs & Paws, a mega adoption event, Saturday, March 31, 2012, 9am – 7pm at the Meadows Shopping Center beside PETCO, located at 1621 Emmet Street North,Charlottesville, near the intersection of 250 bypass and 29 business.

This adoption event is open to the public and admission is free. Families and adult individuals are encouraged to attend. The Fluvanna SPCA along with several other animal rescue groups will be present with dozens of dogs, cats, puppies, and kittens looking for forever homes. The event will also feature pet merchandise and pet service providers, including photography, pet portraits, behavior training, and veterinary services. Obedience demonstrations will take place at 10am and 3pm.

The Fluvanna SPCA is an independent 501(c)(3) nonprofit organization whose mission is to rescue homeless pets and place them in good, loving homes. For more than two years, the FSPCA has been a nokill animal shelter that also provides animal pound services to Fluvanna County. Events such as this one are vital to its goal of finding good homes for all healthy, adoptable pets.

The ASPCA seeks to assist communities with ending needless euthanasia of adoptable animals simply due to lack of resources and awareness. The ASPCA has provided the FSPCA with a generous grant to make this adoption event possible.

For more information about the Purrs & Paws adoption event and on participating animal rescue groups, vendors, and service providers, please visit www.fspca.org.

I s s u e 21 - 13 | m a r c h 2 9 - a p r i l 4 , 2 0 1 2

CONVENIENT LOCATION | SPACIOUS FLOORPLANS 2 BEDROOMS FROM THE

$ 120s

*

Just off 250 East, 15 mins. to UVA. Near the Pantops Shopping Center.

*Offer subject to change without notice. Models do not reflect racial preference. See agent for additional information. Riverbend Condominiums and its affiliates reserve the right to modify features, plans and pricing without notice and/or obligation. © Riverbend Condominiums 2012.

FANNIE MAE APPROVED

New Construction • Owner Financing Available • Trades Considered

Check out these great deals in Augusta County & Waynesboro! $309,900

ountryside

$195,900

$214,900 Stuarts Draft

HomeCrafters, LC

View all our floorplans & communities at www.CountrysideHomeCrafters.com Nearing Completion

It’s easy to own a brand new home!

Near Augusta Health

• 2,100 SF, 3-BR, 2½-bath • 2-car side-load garage • Luxury details • Call Bev: 540-487-0480

$189,900

$199,900

Waynesboro Waynesboro Charmer

• 3-bedroom, 2-bath, private master • 1,300 square feet • Kitchen island, large rear porch • Call Sheryl: 540-487-0482

Across from Kate Collins MS

• 3-bedroom, 2½-bath • Large living room, formal dining • Eat-in kitchen w/bay window • Call Sheryl: 540-487-0482

Marketed by Valley Real Estate Brokers, Call Beth: 540-241-5986

• 3-bedroom, 2-bath • Kitchen island, large rear porch • Private master suite

• 3-bedroom, 2-bath w/garage • Popular open floorplan • Spectacular kitchen

Model home open daily! 6 Willard Court, Stuarts Draft

$235,900

$183,900

No Maintenance!

Maintenance-Free, One-Level Condos in Fishersville!

• 1-bedroom, 1½-bath w/garage • One-level home • Patio, security system • Call Beverly: 540-487-0480

• 2-bedroom, 2-bath with garage • Bright master suite • Patio, security system • Call Sheryl: 540-487-0482

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

RiverbendCharlottesville.com | 434.984.2363

Developer Close-Out!

neighborhoods

Exceptional Value

10

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

neighborhoods

m a r c h 2 9 - a p r i l 4 , 2 0 1 2 | I s s u e 21 - 13

Beautiful Sunrises and Sunsets with Outstanding 180 degree Blue Ridge views from the wrap around deck of this 2006 3 BR., 2 BA., 1836 sq. ft. home on private 2 Ac. Custom 12’x19’6 Kitchen w/French Doors leading to brick patio, ceramic floors, catheral ceilings, chairrail w/wainescotting, 11’x20’ Laundry/Storage Room, recessed lighting, cedar lined closet, & carport w/storage.

Add’l 2 Ac. Available w/septic & well.

116 ARIzOnA LAne | $189,900 | MLS #496094 Seller wants offers on this 1459 sq. ft. home built in 2006 tucked away on 15.66 open/wooded acres with stream and surrounded by mountain views. Fronts on a paved state road and features Stainless Steel Appliances, Jotul Swedish Wood Stove, Custom Cabinetry in Kitchen, Heat Pump, Storage Shed & Much More.

Level to rolling land with stream ideal for cattle, horses or other animals.

New to the

Market 5123 BURNLEY RoaD BaRBoURSVILLE

Serene & Convenient! Mountain Views! Just right amt of privacy, without sacrificing convenience! Nestled in hills of Northern Albemarle Co! 2.3 acre, 3 BR, 3 BA ranch. Fantastic for entertaining, huge deck, hot tub, nice yard, paved drive.

Galley kitchen. Ceramic. Granite. Pergo wood laminate floors.

Full fin. walk-out bsmt. Bristol replacemt windows w/50 yr warranty, cozy radiant heat system, whole house fan system. New septic. 10 min to shopping/airport, 25 min to Dntn Mall. MLS#497292, $245,000

8485 LAUReL ROAD | ReDUCeD tO $219,900 | MLS #495154 this 43.87 Ac. located at the end of a state maintained road has beautiful rolling fields, wooded areas, and the lovely, bold Rutledge Creek. An old farmhouse along with several outbuildings exist on property. Perfect for your permanent house site or vacation getaway. Relax and enjoy the sounds of this year-around creek plus the privacy that this tract offers. Property has been divided and recorded into three tracts for potential investment.

www.CynthiaHash.com 434-531-5351

445 BURCHS CREEK RoaD EDGEWooD Panoramic Beautiful Mountain Views! Open floor plan!

Cathedral ceilings! Wrap-around front porch. Wrap-around rear deck w/retractable awning. Gourmet kitchen. Large rooms.

Hardwood & ceramic tile floors throughout. HVAC dual unit annual maint contract. Water system inspected & maintained 2011. 3 new ceiling fans in bedrooms. 2010 painted deck.

2011 painted shed. Gas hookup in bsmt is for kitchen or fireplace, improve to in-law suite, full bath roughed-in.

5 min to school. Great wildlife area! MLS#497491, $550,000

LIPSCOMB HOLLOW ROAD | $239,000 | MLS #496071

Carole Saunders, GRI

434.981.3089 (cell) • 434.263.4976 (home) 800.422.6698 (Toll Free) • carolevar@aol.com www.CaroleSaundersRealEstate.com

www.CynthiaHash.com 434-531-5351

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A Virginia Tradition Since 1927

Roy Wheeler Realty Co. 85 years of Trust, Tradition, and Market Leadership Celebrating Over 75 Ednam Hall • 1100 Dryden Lane • Charlottesville, VA 22903 • (434) 951-5155 • Fax (434) 951-5190 Email: homes@roywheeler.com • Website: roywheeler.com

WITHIN WALKING DISTANCE to the new Stonefield complex and not far from the University Grounds. Second floor, all new laminate flooring, new windows, new refrigerator. HOA covers all exterior maintenance, basic cable, gas (heat). Second story condo for $89,900. Mandy Yancey, 760-1882. (496904)

EXCEPTIONAL HOME with graceful floor plan. Tasteful upgrades throughout with both formal and casual living. Just over 4.5 acres this home offers over 3800 finished sq. ft. with 4BR/3BA plus 2 half baths, media room and outdoor spaces to relax. $489,000. Matthew@RoyWheeler. com 960-5187. (496830)

LOFTLANDS GLEN. Beautiful setting for easy living. Enjoy the beauty and privacy of your 2.4 acres while having miles of community walking trails around the lake and through the woods.

All brick, one-level home is gorgeous and easy to maintain. Huge master suite is separate from other bedrooms. $564,000. Jim@JimMcVay.com 962-3420. (488139)

RESIDENTIAL LOT in Mountain Vista. One of the most convenient rural lots on the market today. Only minutes to NGIC, UVa Research Park and Shopping at Hollymead Town Center.

Subdivision of medium to large parcel lots offers loads of privacy with a small community feel. $115,000. Matthew@RoyWheeler.com 9605187. (483917)

THIS SPIFFY, move-in-ready brick colonial with 4 bedrooms, 3 baths, hardwood floors and tiled baths, has been freshly painted inside and out. 2 fireplaces, an eat-in kitchen, dual fuel high-end gas furnace with 15 Seer AC new in 2008. Close to NGIC, shopping and great Albemarle County schools. $389,000. Joan Jay 295-1806/906-1806. joanjay@roywheeler.com (497213)

GREAT AMENITIES and location. Within an easy walk of this 4 bedroom home in Redfields are the lake, pool and playground. Downtown and UVa are a 10 minute drive. Enjoy the great room’s high ceiling w/skylights and openness to the eat-in kitchen. Formal dining or spacious office, too. 1st floor master. $349,000. Jim@ JimMcVay.com 962-3420. (496123)

BEAUTIFUL WELL-KEPT home with lots of natural light. Great room encompasses family room, breakfast nook & kitchen opening to deck. Bay windows add spaciousness to formal dining room & master bedroom with huge walk-in closet and large full bath. Full walkout basement with workshop. Elevated lot with private views. $315,900. Ginger Ashcom 978-1066/953-8045.

(496486)

RURAL WOODED PARCEL in Nelson County with mountain views on which to build your dream house! The property enjoys spring-fed creeks, lots of privacy and several outstanding building sites. A real nice spot in the country for $175,000. Jan Shiflett, 242-6057. (496527)

A TRUE GEM on a lovely residential street in the heart of Cville. Milton Grigg-designed for the present owner, now with a modern addition.

The private lot is beautifully landscaped and the home offers many doors to access the terraces and gardens for outdoor enjoyment. $1,385,000.

Jane Porter Fogleman Jane@foglemangroup.com 981-1274. (496718)

ENJOY BLUE RIDGE VIEWS from the wrap-porch of this nearly new custom 4BR home in Western Albemarle. Great room with wood floor and a cook’s kitchen with maple, granite & stainless steel open to a large lovely deck for easy entertaining and family living.

Western Albemarle schools and within walking distance of shopping & services. $339,000. Joan Jay, 906-1806.

(496972)

UNIQUE AND WELL-APPOINTED home in Northern Albemarle on 6 acres. This beautiful 4358 sq. ft. home is spacious with plenty of upgrades including a gourmet kitchen, cherry floors and 1st floor master. Full unfinished basement with outside access, roughed-in plumbing and garage. $749,900. www.DeniseRamey.com Denise Ramey 434-9604333. (492149)

R P ED R U ICE C ED !

COME PLANT your garden and soak in the scenery of the adjoining pastures. Circa 1900 farmhouse on just over 2 acres with 2 bedrooms, 1 bath, a spring house and numerous outbuildings to include a detached garage/workshop, barn and chicken coop. Waiting for your personal touches. $135,000. Kathy Markwood 985-6454/996-6734.

(497073)

This information, although deemed accurate at the time of publication, is not guaranteed.

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

DELIGHTFUL COTTAGE with walk out unfinished basement on 4.3 acres. Cathedral ceilings, gas log fireplace.

Very bright and open.

Master bath with double vanities, whirlpool tub and separate shower. Screened porch, large deck, fenced yard. Very private and peaceful. $215,000.

Byrd Abbott, 2429600. (497063)

ENJOY COUNTRY LIVING in this one level home on 2 private acres.

Conveniently located near Zion Crossroads with easy access to I-64.

Split bedroom design with welcoming covered front porch and back deck. Oversized 2-car garage with attic overhead and large shed provide good storage. $230,000. Phyllis Novotny, 760-0548.

(496989)

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A Virginia Tradition Since 1927

Roy Wheeler Realty Co. 85 years of Trust, Tradition, and Market Leadership Celebrating Over 75 Ednam Hall • 1100 Dryden Lane • Charlottesville, VA 22903 • (434) 951-5155 • Fax (434) 951-5190

BRADFORD HALL. 93 acre estate in the heart of the Farmington Hunt bordered by large, wellprotected country estates. Stately brick colonial style manor with a Mount Vernon inspired portico comprised of 10 rooms including 4BR/4BA, 2 half baths and 4 FP. High ceilings, custom period inspired crown molding and chair rails set this home apart. $3,800,000. Frank Quayle, 951-5100. (497008)

GOLDEN RUN. Exquisite, Georgian style residence, built by Shelter Associates, on 110 acres at the foot of the Blue Ridge Mountains. The 4500 sq. ft. home features high ceilings, spacious rooms, exceptional detailing, 3 FP, 1st floor master, library, state of the art kitchen w/breakfast nook, large family room, and outdoor bluestone terraces. $2,835,000.

Frank Quayle, 951-5100. (497112)

AT THE FOOT of the Blue Ridge Mountains sits this turn of the century home on over 10 acres. Bring your ideas for a new home or renovate the existing home. Well & septic in place. Possible multiple divisions on land.

Property being sold “as-is”. $99,000. Matthew@ RoyWheeler.com 960-5187. (496500)

FABULOUSLY MAINTAINED and updated home in convenient and sought-after Northridge Subdivision. This home is well-appointed with hardwood floors, granite counters, upgraded kitchen cabinets, 4 bedrooms, 3.5 baths, with landscaped sunny yard and wooded walking trails. $329,900. Matthew@RoyWheeler.com 9605187. (496285)

THIS HOME and location cannot be duplicated.

If you are looking for the best that Old Trail has to offer then you need to see this custom built neo-classic home w/private golf, lake & Blue Ridge views that are truly second to none. 2 master suites, a gourmet kitchen w/premium appliances, elegant interior finishes, quality throughout. $1,300,000. www.DeniseRamey.com 960-4333. (496905)

CATTAILS. Custom-built by Rinehart Homes.

Architecturally-designed open floor plan. Home perfectly sited to capture expansive mountain views. Quality materials & details including wooden floors, fireplaces, moldings, open outdoor deck, geothermal heat pump. Mature landscaping & sprinkler system. Full walk-out basement. $638,000. Duke Merrick, 962-5658. (496491)

MULTI-FAMILY PROPERTY. 8 unit apartment complex, totally remodeled in 2009. Brick TH style 2BR/1.5BA floor plans. 100% occupied. No deferred maintenance. Excellent investment with 10 year hold. IRR of 16%. Offered at $875,000.

Hock Hockensmith 951-5110/996-3333.

(496570)

GRACIOUS HOME w/wrap around front porch. 9’ ceilings, hardwood floors, crown molding, ceramic tile and 2 fireplaces. 5BR/3.5BA. Kitchen w/maple cabinets and SS appliances.

Fin. lower level includes large rec room, media room/den and full bath. Security system, invisible fence. Privacy on this 2.7 acre lot backing up to woods. $349,500. Byrd Abbott, 242-9600.

(493208)

LANGDON WOODS. New Rural Preservation Development in No. Albemarle of 19 lots, 2-8+ acres, priced $147K and up.

A majority of lots are a mixture of hardwood and pine that offer privacy. Others enjoy pastoral or community lake views. Call for a personal tour. www.MaupinGroup.com Warren Maupin, 962-8939.

WONDER OF NATURE. Amazing gardens and landscaping surround this end unit townhome. Winding path, deck and patio for enjoying. Inside is so pretty – pleasant colors, two fireplaces. Formal dining plus eat-in kitchen. 5 minutes to town and to a 200 acre public nature preserve. $235,000. Jim@JimMcVay.com 9623420. (490448)

WINDSOR HILL FARM. This is one of the lovely estates located within the Southwest Mountain Rural Historic District. Classic Greek Revival-style architecture, c.1848 with brick exterior, wrap around veranda, high ceilings, plaster walls, wooden floors, 12-stall barn, 6-room cottage, swimming pool riding ring, paddock fencing. $2,375,000. Duke Merrick, 962-5658. (475649)

SONNENBERG FARM. Located in the rolling hills of Northern Albemarle County this attractive 114 acre farm features fenced pastures, walking trails in the woods, a large pond, remodeled main farmhouse and a custom three car garage with beautiful apartment. $1,295,000. www. homesincville.com Mike Peters 951-5119/9813995. (490199)

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CAAR Real Estate Weekly | celebrating 20 years 1992-2012

Email: homes@roywheeler.com • Website: roywheeler.com

GRACIOUS GEORGIAN brick home set on 1.38 park-like, level acres in one of Charlottesville’s most beautiful neighborhoods, Ednam Forest backing up to Birdwood. Many updates, yet a feeling of timelessness, this spacious light-filled home features 5BR/4BA, 2 home offices, rec room, terrace with in-ground pool, mountain views. $1,262,500. Byrd Abbott, 242-9600. (494764)

HEATHCOTE c. 1915. Gracious country manor of 16+ acres in heart of Keswick. Old oaks, boxwoods, guest home, 3 car garage with workshop. Pastures are fenced for horses. four bedrooms, four baths with six fireplaces, completely renovated and restored. $1,695,000. www. landofc.com Jim Bonner, 951-5102. (495458)

LLANDAFF. Carter’s Bridge area. Nearly 20 acres with (3) homes, currently leased. New well, septic, cash flow and beautiful views and seclusion, surrounded by thousands of acres of land in conservation easement. $675,000. www.landofc.com Jim Bonner, 951-5102.

(491842)

This information, although deemed accurate at the time of publication, is not guaranteed.

INCOME PROPERTY. Net leased to Dollar General.

Retail store in Emporia, VA. 7676 square foot brick building adjacent to DMV office and exit ramp of Route 58 bypass, on North side of the city. 10.8% cap rate. Call for details. $499,500. Hock Hockensmith 951-5110/9963333.

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A Virginia Tradition Since 1927

Roy Wheeler Realty Co. 85 years of Trust, Tradition, and Market Leadership Celebrating Over 75 Ednam Hall • 1100 Dryden Lane • Charlottesville, VA 22903 • (434) 951-5155 • Fax (434) 951-5190 Email: homes@roywheeler.com • Website: roywheeler.com

GREAT LOCATION, neighborhood & home!

Close to UVa, downtown & 29N shopping and restaurants. Wood floors throughout main level.

Floor plan defies the year it was built. Open, sunny living/dining, kitchen w/large windows & FP. Grounds are beautiful with decks, Koi pond, hot tub, circular drive, mature trees & plants. $379,000. Christy and Rod Phillips, 434-9876388. (485008)

HUGE PRICE REDUCTION! Level open lot in an estate community. Combination of fantastic views, gently rolling pasture, and expansive woodlands. 25 acres of common area with lake. CC&R’s in place. $127,000. www.MaupinGroup.com Warren Maupin, 962-8939. (473690)

WATER VIEWS in Langdon Woods. Lot 2 enjoys 4 acre lot and adjoins the community walking trails and lake. Mostly open with mature hardwoods this lot is perfect for your custom home. Offered for 227,000. www.MaupinGroup.com Warren Maupin, 962-8939. (422836)

FRESH NEW HOME features a country front porch, deck, 3BR/2.5BA and spacious great room.

Luxurious features include maple cabinets and vanities and brushed nickel fixtures. You cannot afford to miss this special offer. Call today to find out how you can own this brand new home for under 160,000! susanstewart76@gmail.com Susan Stewart 434-242-3550. (491724)

HURRY QUICK, take the time to come and preview these three single family home lots located in Old Trail that consist of 1/4 acre each offering year around panoramic views of the Blue Ridge Mountains. Take advantage of today’s lower construction costs and low interest rates now! At $154,500 they will not last long. Steve White, 951-5112. stevew@virginiafineproperties.com

SWEETHEART FARM. Green Springs area. 36 acres with 2 ponds, board fenced pastures, run-in sheds and a 10-stall center aisle barn. Efficient layout with completely renovated home dating to 1890. All in excellent condition. $625,000. www.

GerriRussell.com 531-9581 and Jim Bonner, 951-5102. (477459)

TWO MASTER BEDROOMS, three full and one half baths, granite, tile, stainless steel, hardwood, library, four walk-in closets, two story great room, alarm, huge deck, garage, open floor plan and private location. $384,900. susanstewart76@gmail.com Susan Stewart 434-242-3550. (495572)

AS YOU DRIVE down the paved driveway to this custom built home by Blue Ridge Homecrafters the feel of serenity surrounds you.

On a private, 3.82 Acre lot in Ivy this award winning design home has many extra features including gourmet kitchen, stone fireplace, detailed trim work & attached 2 car garage. $529,000. Sharon L. Williams 951-5172/906-5069. (491761)

NEW CONSTRUCTION in Waters Edge.

Less than a mile off Route 29 and minutes from NGIC. All the main rooms are on the first floor. Three bedrooms, 2 baths, bonus room, unfinished basement and frontload, 2 car garage. $259,900. Matthew@ RoyWheeler.com 960-5187. (486641)

WELL CARED FOR HOME with 4 bedrooms, 2.5 baths and a partially finished basement. Easy drive to Fork Union, Zion Crossroads, Richmond and Charlottesville.

Jetted tub in master bath, walk-in closet, fireplace in family room, eat-in area as well as formal dining room.

All appliances convey. 4 acres. $314,900. Mandy Yancey, 760-1882. (494361)

STARFIELD COTTAGE. Older Cape Cod of 2763 square feet with full basement (wine cellar) situated under tall oaks on 4.5 acres overlooking an idyllic pond. Adjoining building lot securing ownership of pond also available. $249,000. www. landofc.com Jim Bonner, 951-5102. (491168)

W CO ATE LO RV NI IEW AL

FOXCHASE! Perfect building lot located on a quiet cul-de-sac within walking distance of community pool, tennis and trails. Almost 1.5 acres.

Just a minute drive to the new Harris Teeter and restaurants. Great opportunity to build in an established neighborhood in a great location. $219,000. Christy and Rod Phillips, 434-9876388. (480890)

This information, although deemed accurate at the time of publication, is not guaranteed.

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

MEGAN’S MEADOWS c. 1800. Historic Southern Albemarle farmstead of 62 productive acres with private winery, guest house and some great farm outbuildings. Ample water, excellent garden with greenhouse. Beautiful, mostly open rolling fields. Only $585,000. www.landofc.com Jim Bonner, 9515102. (495736)

SPECTACULAR HOME and breathtaking views! This spacious five bedroom, 4.5 bath home has a soaring stone fireplace, hardwood floors, an updated kitchen and master bath and a wall of windows to enjoy the endless Blue Ridge Mountain views! $649,000. Christy and Rod Phillips, 434-987-6399. (495574)

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the land office

misty riVer Farm

Extraordinary 106+ acre riverfront estate and horse farm. Beautifully crafted by Abrahamse in 2000 of the finest materials featuring dramatic open floor plan. Indoor and outdoor fireplaces, wine cellar, pool/pool house, fabulous barn, magnificent 4 acre lake. $2,450,000. MLS#493735

new canton One of the best deals we’ve seen!

The ideal country property of 48 acres with (2) charming homes, swimming and fishing pond, trails and welcoming shade from ancient oaks.

Excellent condition. only $325,000.

MLS#496685.

CA S TTPLE LE N D FA ID RM

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CAAR Real Estate Weekly | celebrating 20 years 1992-2012

IV R

Spectacular Albemarle estate of 100 acres overlooking pastoral river valley.

Gently rolling, board fenced pastures, old oaks and idyllic pond. Beautiful new brick Georgian manor home of 10,000+ square feet of the finest quality and detail. $3,450,000. MLS#493869

heathcote, c. 1915 Gracious country manor of 16 acres located in the heart of Keswick. Old oaks, boxwood, guest home, 3 car-garage with workshop and pastures are fenced for horses. 4 bedroom, 4 bath home with 6 fireplaces, completely renovated and restored. $1,695,000 MLS#495458

eDgewooD.c. 1799 Private Blue Ridge vistas and long frontage on the Conway River in Greene County make this 123 acre property infinitely enjoyable. The 5,000 square foot home has been tastefully renovated and restored, as have the grounds and gardens. $1,950,000.

C C O h u A N R T M R E y R

S P A R N I C VA T T u E A R y

1 TO5 M C INu ’V IL TE LE S

JeFFerson lake

501 acre estate offers rolling pasture, hardwood forest, half of 12 acre stocked lake with miles of streams and trails, stocked pond, 3 rental houses and numerous building sites overlooking the lake. $2,473,500.

MLS#491251

aVentaDor Farm

lynDhurst Farm

Picturesque Shenandoah Valley farm of 152 acres fronting on bold creek and adjoining Blue Ridge Parkway forest land. Renovated/expanded manor home, guest rental home, big beautiful cattle barn, large well fenced pasture. $1,200,000. MLS#495348

arrowheaD mountain Minutes down Rt. 29S, this exceptional tract of 410 acres of hardwood timber features rolling to steep topography, springs, cascading streams, miles of trails, mountain views, and beautiful rock outcroppings. Less than $3000 an acre. $1,200,000. MLS#495947

mcconnell angus Farm

Spectacular 350+/- acre showcase cattle farm in the heart of Somerset.

Grand, new single level brick home and cattle show barn. Finest soils, fencing, lake and beautiful views of the Blue Ridge Mountains. Adjoins Montpelier. $5,850,000.

Jim Bonner

The Top Producing Agent 20 consecutive years.* Since 1998 sales volume in excess of $340,000,000 including over 37,000 acres.

glenDower, c. 1808

Classic Albemarle estate of nearly 600 acres with charming brick guest cottage c.1745. The handsome brick and slate main residence of over 8,500 square feet was expanded in the 20th century.

Extraordinary landscaping. A rare offering. $5,250,000. MLS#496652

Ex T O RA FF OR ER DI IN NA g Ry

willow lake View

Extraordinary offering of 11 premium lots, with lake/mountain views, road frontage, utilities in place. A perfect investment for single family rental homes.

Assessed for over $1,200,000. Now only $895,000.

E NE R w F R O N T

25 TO M I TONu w TE N S

Au gu ID ST y L A LIC SE TT IN g

w A P L V K C T C O

Always a fine selection of outstanding town & country properties.

Dungannon, c. 1898 Spectacular 475 acre estate with over a mile on the James River located just ½ hour from Charlottesville. Remarkable main residence with a beautiful mix of open hayfields and forest with pond and mountain views. $2,599,000.

MLS#493096

Use your phone to find a home.

It’s that easy.

www.landofc.com (434) 951-5102 jbon@landofc.com 20 years of experience at your service.

A Virginia Tradition Since 1927

Ednam Hall • 1100 Dryden Lane• Charlottesville, VA 22903 This information, though deemed correct, is not guaranteed.

*According to the CAAR MLS for total volume of sales

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I s s u e 21 - 13 | m a r c h 2 9 - a p r i l 4 , 2 0 1 2

117 Devils Knob Loop Over $3200 of custom built finished space on Devils Knob Golf Course you couldn’t build it for this price today. Gourmet kitchen, granite counters, custom cabinetry, wood floors, three fireplaces, two family rooms and may other upgrades including whole house generator, Italian tile, attached garage, and wired in stereo, home theatre and security system.

Includes WPI right,listed at $595,000 by Steve Marianella 434-566-1293, smsales1@aol.com.

(MLS 497220)

CopperLeaf Homes CopperLeaf Homes and Solid Rock Properties create rustic mountain retreats with modern craftsmanship. Timberframe or classic construction. Over 30 homes built at Wintergreen - many references available.

Custom home experts or choose from existing floorplans. Contact Rod Phillips 434-987-6399 www.copperleafhomesva.com

E IC PR 855 Devils Knob Loop Cute, cute, cute! Updated home on 15th green.

Large covered front porch, back deck and hot tub are perfect for relaxing. Spacious, open living area includes kitchen, dining and cozy spot by the stone fireplace. 4 bedrooms/2.5 baths. Master has private deck and fireplace.

WPI. $264,000. Call Rod Phillips 434-9876399. (480097)

s!

sp v eCt ie aC w ul s ar !

61 Bear Run Superb mountain home without compromise.

Features modern construction techniques plus green building upgrades including SIPs construction, fresh air exchanger, on-demand hot water, and high efficiency HVAC. Walk to Tennis, Golf, and Ski Shuttle. $464,900.

Contact Brian Chase www.goWintergreen. com 434-296-9860 (494421)

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This is a beautiful site with a view! Priced to sell quickly.

Seller financing. $129,000.

Call Steve Marianella at 434566-1293. (494289)

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& p B os e t a M

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Only $259,000 for this cozy 3 bedroom mountain chalet with seasonal views and large wrap around deck. Lovely granite counters in the kitchen, nice wood burning fireplace, quiet area of the resort, yet only a short distance to the Mountain Village. New carpet installation in June. Listed

by Steve Marianella, 434-566-1293 smsales1@ aol.com, www.experiencewintergreen.com (488828)

nt

10 Trillium Townhome Spacious 2 bed, 2.5 bath Trillium townhome with deck overlooking 1 acre Trillium nature preserve.

Immediately across from Wintergarden, Trillium neighborhood is uniquely situated for walking to the spa, Nature Foundation, ski shuttle, plus just 2 minutes to golf & tennis. New Roof in 2011. $189,000. Listed by Brian Chase www. goWintergreen.com 434-296-9860 (496933)

1429 Highlands

89 Laurel Springs

Lot 5A, Cedar Drive

1447 Highlands

Year ‘round views overlooking ski slopes & multiple ridges of mountains! Fully furnished, 2BR/2BA mid-level unit with new AC unit. Walk to Ski slopes, Golf, Tennis & Wintergarden Spa. Turn-key investment and/or mountain get-away for sports enthusiasts and nature lovers. $180,000 with WPI. Contact Dawn Perusse 540-454-3300, Dawn.Perusse@mris.com (MLS 490911)

Like-new Lindal Cedar home loaded with upgrades. Features: Wood burning fireplace with stone façade; 5” antique oak flooring; private deck; towering cathedral ceiling. Majority of likenew furnishings convey. A special home located just 2 minutes from golf, tennis, skiing, indoor/ outdoor pools, dining. Reduced! $329,000. Brian Chase www.goWintergreen.com 434-296-9860 (481894)

This photo is just a hint of the panoramic view potential of this special lot. With drainfield strategically located to maximize year-round views and more than 1 acre adjoining the National Forest, this is a unique Wintergreen mountain setting. Ideal for a significant mountain home. Adjacent 1+ acre parcel also available.

Reduced - bring offer! $249,500. Contact Brian Chase www.goWintergreen.com 434-296-9860 (487867)

Incredible Price ($145,500) for spectacular Views! The perfect, ready-to-use and/or rent Sport, Spa, & Nature get-away. Fully furnished, mid-level, sun-filled 1BR End-Unit condo with windows on 3 sides. Full Kitchen; W&D. Walk to Slopes, Golf, Tennis, & Spa. On Shuttle route. WPI. Contact Dawn at 800-417-1890 or dawn.perusse@mris.com (483722)

The Mountain Inn P.O. Box 706 | Wintergreen, Virginia 22958 Toll Free: 866-905-9777 | Office: 434.325.8018 | Fax: 434.325.8017 wintergreenresort.com homes@wintergreenresort.com

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

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118 Firtree Drive

466 Three Ridges Condo Cozy & convenient to the Mountain Inn, Shopping, Ski and Dining make this a perfect rental opportunity. Freshly painted and priced to sell! This one bedroom, one bath condo with a wood burning fireplace and open floor plan awaits your personal touch! Back deck convenient for pets as it is ground level. Call Tim Craig 540-416-8498 (497221)

WOW - FANTASTIC PRICE on this Two Bedroom View Condo on the Ridge - Call Now Before it’s Gone! Classic Cliffs 2 bed, mid-level condo. Walk to Wintergarden Spa & Fitness Center - Tennis - Golf. Furnished. $179,000!

Contact Brian Chase www.goWintergreen. com 434-296-9860 (494365)

3207 North Ridge Only $109,500 for a furnished condo with mountain views, two full baths, a full kitchen and a great location near Wintergreen amenities! Walk to golf, tennis, skiing and restaurants. Pergo floors, family room fireplace, separate dining area. This may not last long, great investment to use or rent this ski season. Call today, Steve Marianella, 434566-1293, smsales1@aol.com (492139)

M C ou h n a ta l i e n t

309 Dobie Condo Top level ski front 3 bedroom condo at Wintergreen on Dobie slopes. Fully furnished and ready to enjoy this summer, condo has full kitchen, wood burning fireplace and sunken living room.Deck overlooks mountains and slopes. Bonus room on top level is a 4th area the kids could sleep in. Includes WPI right, listed by Steve Marianella at only $275,000 434-566-1293 ,smsales1@aol.com S w p a a l & k p t o o o l

116 Hemlock Drive One of the most spectacular homes in Wintergreen!

Year-round views of Shenandoah Valley are mesmerizing, day & night. Built in 2007 with perfect blend of upscale finishes and relaxing Mt. feel. No stairs to main level Master BR, Kitchen, Dining & Great Room. 4BR/3.5BA with 2 Master suites.

Furnished. WPI. Contact Dawn at 800-417-1890, Dawn.Perusse@mris.com (MLS 497241) $649K.

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Tommy Brannock

Historic Downtown Office

Real Estate III’s Top Producer for 2011

434-981-1486

NEW LISTING IN PEACOCK HILL

OLD TRAIL VILLAGE

NEW LISTING NEAR UVA MEDICAL CENTER

EXTRAORDINARY LOCATION

“Tidewater Cottage” to be built on a wooded lot situated on a cul-de-sac in popular community of Peacock Hill. 3 BRs, 2 & 1/2 Bathrms (Master BR on 1st floor), LR with fireplace, Kitchen with island, Den and screened Porch.Unfinished basement includes 2-car Garage. Finest quality craftsmanship and materials. Excellent value!

Stately brick home overlooking “The Common” in Old Trail with highest quality materials and craftsmanship. Features include Fireplace btw LR and Fam Rm (with furniture-grade Entertainment Center), formal DR, walk-in tile Shower and finished Terrace level. 5 BR’s, 3 ½ Baths. Oversized Garage.

Exceptional Storage. Great value!

Located in the established community of “Johnson Village”, this 4BR + 2.5 Bathrm home has been tastefully refurbished. New wood floors, new windows, new appliances and fresh paint. LR, DR, Sun Room and Family Room with fireplace. Mature lot with towering trees plus Garden Shed.

Won’t last long!

Classic brick home, situated in one-of-kind setting with views of the Ragged Mountains, yet only minutes to town. Ideal for entertaining. 1st floor Master BR Suite, 4 other BRs with attached Baths, fabulous eat-in Kitchen, 2 Family Rooms and Home Office.

Custom built-ins and top quality finish detail.

Nothing comparable on the market today!

Offered for $424,500

New Price of $564,000! www.OldTrailHome.com

Offered for $299,000 www.HomeNearUVA.com

Offered for $999,000 www.MawyerFarm.com

www.NewHomeinPeacockHill.com

813 E. Jefferson Street • Office: 434-977-3033 Call Toll Free: 800-277-3033 www.RealestateIII.com • email: tbrannock@realestateiii.com

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

NEAR FOXFIELD

Your Life. Your Home. Your Closing.

Buying or selling property is the

most significant financial transaction that most people undertake in their lifetime. It is an exciting time, although the process may seem confusing and intimidating. If you’re not happy with our settlement services, we will refund your settlement fee – guaranteed.

2281 REYNARD WOODS ROAD

It’s our promise to you.

Lovely equestrian estate with 10 acres, fenced paddocks, pond and beautiful setting with charming brick rambler of 2400 s.f. in Reynard Woods, located across from Foxfield off of Garth Road. Property includes in-ground pool, five stall barn and paddocks w/ vinyl fencing for low maintenance. Terrace off great room overlooks pool and pond. The 5 stall barn has a studio apartment. Home needs some updating, but is ready for sprucing up priced 100K below assessment to reflect this. MLS#496963, $845,000

Beth Powell 434-960-9433 bpowell@farmandestate.com

338 West Rio Road Charlottesville, VA 22901 Tel 434.979.7799 Fax 434.979.8819

Visit our NEW website today and obtain a quote for your closing 4 1 7 PA R K S T R E E T • C H A R L O T T E S V I L L E , VA 2 2 9 0 2 w w w. f A R m A n d E S T A T E

.COm

www.courtsquaretitle.com

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I s s u e 21 - 13 | m a r c h 2 9 - a p r i l 4 , 2 0 1 2

One call takes care of all your home’s major needs.

Our staff is highly trained, honest, loyal and dedicated to your total home comfort and safety.

Serving You Like Family Since 1968

“We Fix it Right, or it’s Free!”

TM

434-973-4348

Voted #1!

2005, 2006, 2007, 2008, 2009, 2010, & 2011

www.RobertsonElectric.com

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

Call us before you let just anyone ser vice your home’s major needs.

18

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Charlottesville Offers Real Benefits to

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Real estate Investors

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of Roy Wheeler Realty Co., can be depended upon to provide “a stable base of rental prospects.”

As in other markets, Charlottesville area prices are significantly lower than they were a few years ago when the market was very hot, and according to the 2011 4th quarter market report, they were continuing to decline somewhat compared to 2010. However, this may not be the case for long. The report also noted that the number of new listings was down over 20 percent compared with the end of 2010 and pending sales (homes under contract but not closed) were up almost 20 percent during the same time frame.

In other words, if you are waiting for the market to bottom out, don’t wait much longer.

CON

FOR

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

FRO

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By Celeste M. sMuCker, Ph.D.

FOR

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)

UNI

f you are ready to diversify your investment portfolio, now may be a good time to consider real estate. There are a number of reasons for this—two big ones being exceptionally low prices and interest rates that are at a 65 year low.

In addition, real estate offers a number of clear tax benefits that are hard to beat. These include write-offs for fix-up costs, taxes and insurance, plus, says Robert Ramsey, Broker-Owner of Charlotte Ramsey Real Estate, Inc., best of all is the an-

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nual depreciation allowance that helps shelter some of your other income. Taken together, for many people, these are powerful reasons why real estate compares favorably to other types of investments such as the stock market.

While these are general incentives to invest in real estate, there also are a number of reasons why Charlottesville area properties are potentially profitable places to put your money. A big one, of course, is the stability associated with the University which, according to Jim McVay,

ful argument for investing now, this is tempered somewhat by the relative lack of invester funds. There are several reasons for this.

One is that money is a lot harder to borrow than it once was, which means you have to work harder to get a loan. A few years ago when loans were easier to obtain, explained Tommy Richards, a loan officer with StellarOne Bank, investors took advantage of these much looser standards and often got in over their heads. All was well until real estate prices started coming down instead of going up, and investors who were unable to make their payments also could not sell their properties.

The resulting foreclosures caused banks to tighten up credit standards significantly.

Financing and Interest Rates While the combination of low prices and interest rates makes a power-

the stability associated with the University can be depended upon to provide “a stable base of rental prospects.”

“Expect to provide about three times the documentation as you would have a few years ago,” said Lee McAllister, a senior loan officer at Fulton Mortgage. Both lenders also agreed that you need excellent credit, good income and the ability to put 20 to 25 percent down. More is better, advises McAllister, who said there is a big interest rate advantage associated with a larger down payment.

For those who already have several mortgages on investment properties there is another important consideration. According to McAllister, Fannie Mae’s requirements limit investors to 10 mortgaged properties including their home, considering more than that to be too big of a risk. In addition, investors with more than four financed

19

I s s u e 21 - 13 | m a r c h 2 9 - a p r i l 4 , 2 0 1 2

Kim Vierbuchen Cell: 434-242-6937 kimre3@comcast.net

It’s

TIME to

Invest!

With low interest rates and property prices, now is a great time to think about purchasing investment properties to generate ongoing income.

I can help.

In addition to being a full-time Realtor, I’m also a Certified Short Sale Specialist (CSSS) and am certified in Real Estate Owned (REO) properties.

GO now to my website

CharlottesvilleInvestors.com

for one of the most detailed searches on “Investor” friendly property

#YNTHIA (ASH,

REAlToR®

CSSS, AHA, GRI, CRPS, SRES, GREEN Cell: (434) 531-5351 • Email: hash@kw.com • Fax: (801) 681-0286

www.FindHomesInCharlottesville.com 1885 Seminole Trail, Suite 100 • Charlottesville, VA 22901 Each office independently owned & operated

&/2%34 ,!+%3

2)6%2"%.$ #/.$/3

Large 1 BR with a river view, large walk-in closet, attached master bath.

Located on Pantops Mountain, blocks away from State Farm & Martha Jefferson Hospital, overlooking the Rivanna River. Close to downtown and UVA. Clubhouse has fitness center, pool, and access to a 26 mile Walking Trail.

Great place for pets. Quiet country setting! MLS#496555 - $139,900

34/.%(%.'%

Adorable townhome with two master bedrooms upstairs. Unit has just been repainted and new carpet throughout.

Great location, just off of 29 with use of all Forest Lakes ammenities. Woodburning fireplace and patio. Close to shopping, UVA, NGIC, and DIA. Closing costs considered with acceptable offer. Convienient, easy, maintenance free living.

One year home warranty provided to buyer. MLS#496836, $159,950

Very spacious, well maintained home.

Great for large family that needs some separate spaces. 3 BR 4 BA w/ comfortable Family Room. 2 Master BR: downstairs as well as upstairs. Move in ready! New heat pump, windows, dishwasher, and 2 hot water heaters.

LR upstairs w/FP. Private backyard setting. Lots of storage. Great location close to downtown & shopping!

MLS#496316, $189,900

7!,+%2 315!2% INVESTORS ONLY

$5000 TOwaRdS cLOSINg cOSTS.

Meticulosly kept 1 BR unit, third level, with only one flight of stairs. Kitchen in mint condition with stainless appliances.

Full size washer & dryer in laundry room.

Owner has added a translucent door to allow natural light inside. Walker Square offers a clubhouse with fitness center, full size kitchen & party room, business center, and park for dogs. Walking distance to UVA, Hospital, @ Downtown.

MLS#479018, $159,700

BRAND NEW CONDOS NOW COMPLETE. FOR SALE OR LEASE TO OWN. A modern, edgy, building coupled with classic lines and tremendous detail on the interior. A great home to entertain w/ open spaces. Natural light floods the residence, hardwood throughout, granite countertops, and ceramic in the BA’s. 2 mi. from the pavilion and moments from 64. A terrific city property.

MLS#488433, 484353, 488431, $225,000$249,900

,).$%. 4/7. ,/&43

Cheryl Sprangel, Cartus Network Affinity Specialist (CNAS)

(434)981-6695 happen, one home Dreams at a time!

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

Charming renovated 1942 bungalow with 3 bedrooms set on 1.4 acres in North Garden. Lovely pastoral views of 250+ acre farm. Easy 15 min. commute to UVa and downtown. Master bedrm was once a music recording studio and could be converted back. Mstr bedrm has large walk in closet and a small office. Lots of storage. Large front porch, 2nd floor deck off mstr bdrm. Hardwood floors. Built-in book cases. New roof. Remodeled full bath. Large eat in kitchen. Shed. All appliances convey. A must to see! MLS# 491687 $249,900

6),,!3 !4 3/54(%2. 2)$'%

Three Available units - 2 or 3 bedrooms! Minutes from UVA, Downtown, I-64, The Villas features mountain views, a club house w/ a fitness room, grand entertainment room, business center overlooking the pool, tennis courts and playground. NEW interior finishes. 1. MLS#480858 - $145,000, 2. MLS#489325 - $115,000, 3.

MLS#491916 - $120,000

Feature

Charming Bungalow

).6%34/2 !,%24

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m a r c h 2 9 - a p r i l 4 , 2 0 1 2 | I s s u e 21 - 13

Wintergreen Chalet!

Feature

Professional Service.

At its best!

Cathy Garrison REALTOR, ABR, SRES, SFR, QSC

434.989.5849

Walk to ski slopes in the winter then come home to the warmth of the gas heated chalet; central A/C added; generator; tankless water heater and new fireplace in 2007. In the Summer enjoy the activities of the summer resort. This chalet is ready for you to call your getaway home, furnished. Great treetop views from the large deck and screened porch. Paved driveway. The WPI right of membership make this an attractive home for ‘foot-in-the-door’ ownership in Wintergreen Resort. MLS# 480391 $249,000

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

Angie Holly Decker 434-953-8866 ahollydeck@aol.com Cheryl Walker 434-531-3829 ca.walker@aol.com

4QSJOH .FBEPX 'BSN c .

1 8 5 9 ,

L e x i n g t o n

Approached down a long, elm-lined lane, Spring Meadow, a significant and historic manor located less than one mile from Lexington, possesses fertile pastures and hayfields, spectacular views to the mountains, and fencing and buildings appropriate to raising cattle and horses. the home contains spacious rooms featuring numerous fireplaces and impressive woodwork. there are 6 bedrooms and 4.5 baths. Additional structures include a tenant house, barns, and a 4-stall stable. Water is supplied by 2 wells and two ponds. 81 acres. $2,150,000

cathygarrison@comcast.net I have almost 20 years of experience in the management, marketing, and investment of real estate.

Call Me Today

to achieve all your Real Estate goals!

www.CvilleLandlord.com

c .

#SJBS )JMM

1 8 1 0 ,

b r o W n S b u r g

An impeccably executetd reconstructed Shenandoah Valley log cabin, restored and enhanced, situated facing Jump Mountain and overlooking surrounding farms, briar Hill enjoys long frontage on Hays creek, rolling pastures, and mature woodland. the 89 acres offer stunning views, privacy and wildlife. $845,000

(540) 348-2000 290 Nonesuch Lane • Raphine, VA 24472 gllandco@gmail.com • www.landandestates.com

21

I s s u e 21 - 13 | m a r c h 2 9 - a p r i l 4 , 2 0 1 2

Get a

Second

Feature

Attention Investors!

Paycheck!

FREE to Attend!

Hilton Garden Inn 1793 Richmond Road (Rt. 250) Pantops, Charlottesville,VA April 24 and May 22 at 7 p.m.

How to Buy Foreclosures, Pre-Foreclosure, Short Sale, REO and Auction Properties Take advantage of opportunities to purchase properties from banks below market value

You will learn:

• How to find foreclosure opportunities in your area • Financing: How to benefit from specific sources of capital and put together creative financial deals.

• The phase of foreclosure: When to make a move and how to capitalize at every stage of the process.

• What do do once you have the property: Rent, renovate or sell immediately. Learn what is best for your situation.

• Learn how to buy distressed property as an investment.

Bonus:

As a bonus you will receive a free list of all the foreclosures in your area and have it updated daily

Sponsored by:

Greenwood LendinG & Assist2seLL First rAte reALty No need to register, open to the public. Limited seating. Show up early.

For questions please call 434-996-8788

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

And Let a Real Estate Investment Do The Work For You!

22

Feature

m a r c h 2 9 - a p r i l 4 , 2 0 1 2 | I s s u e 21 - 13

Huge House

for the price in Charlottesville!

Conveniently located close to UVA Hospital and downtown Charlottesville. This home has been separated into two apartments. The unit downstairs has 4 BR and 1 BA and the unit upstairs has 2 BR and 1 BA. Each has its own separate entrance. There is a shed on the property for extra storage if needed. MLS 493989

$269,900

JT & Kristel Townsend

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

Cell: 434-249-9647 Office Ph: 434-245-2287 kristel.townsend@yahoo.com

Looking for Investment Property?

Consider a Professional One Source Agent

Steve King

• Serving the Charlottesville Area • Buyers & Sellers • Residential & Investment Properties • Relocations Welcome • Supporter of Universal Design & Green Technology

properties have to show six months of payment reserves for all of them.

While at one time there was other money readily available to accommodate investors with more than 10 properties, today it is harder to come by, commented Ramsey, who owns many rental properties.

When he was just starting out, Ramsey said that he had a goal of acquiring at least one new rental property per year. However in the last several years, with the dearth of funds for larger investors, he has been unable to meet that goal, and has run into the same frustration when seeking property on behalf of his larger investor clients.

There is good news, however.

Some local sources are now making loans again which they portfolio (keep in-house) eliminating the need to meet Fannie Mae or Freddie Mac requirements. Richard’s bank, StellarOne, which is headquartered in Charlottesville, is one of those.

“It is a big advantage to be local,” he said. “We know the area and the neighborhoods and can drive over and look at a property if need be before making a loan.”

Because of the increased risk, “loans cost more today,” said Richards, “but usually not so much as to be a deal breaker.”

Angus Arrington Cell:

Are you an INVESTOR looking for residential & commercial income producing properties like rehabs, foreclosures, short sales, condos, or single family homes?

angusarrington @realestateiii.com

I CAN HELP

434.531.1100 • Property Management • REO’s & Short Sales • Estate Liquidation • Class A Building License

Call me and I’ll bring more than

10 years of knowledge and experience to the table for YOU! I’ll be out here in the trenches negotiating and getting the best deal for YOU!

I know the CHARLOTTESVILLE market & surrounding areas and will make buying a home easy for you!

Make Water Analysis a Part of Your Home Inspection!

Call Phil Witry CWS-1

Commonwealth H2O – Blue Ridge 325 Greenbrier Drive, Charlottesville, VA 22901

434-975-4426 Office 434-760-5360 Cell

Steve King 434.825.5019 cell SteveKing@montaguemiller.com

SteveKingRealtor.com

Authorized Independent Kinetico Dealer

pwitry@h-two-o.com www.h-two-o.com

23

I s s u e 21 - 13 | m a r c h 2 9 - a p r i l 4 , 2 0 1 2

Is A DeAl!!

Overlooking the 12th fairway of Glenmore Country Club, this bright, open, flowing, southern living home plan offers high ceilings and hardwood floors. Features include: delightful whimsical sunroom and huge paladium window, granite countertops, new kitchen appliances, 2 fireplaces, extra large master bath and closet, light filled walkout terrace level with an awesome family room & 4th bedroom with full bath. Large unfinished area for storage and 2.5 car garage. Owner/Agent MLS# 472477 $689,000

Build your dream home

Feature

This House, In This Neighborhood, With This View, At This Price,

Darla Davies

on this premier Glenmore Lot. Stunning, elevated, panoramic views of fairway, pond, and green on fourteenth hole. An exceptional offering. Enjoy the luxurious lifestyle and amenities of Glenmore Country Club.

Owner/Agent

Cell: 434-960-9610

darladances@embarqmail.com

$599,000 MLS# 472502 355 Rio Rd W ChaRlottesville, va 22901

EXCELLENT INVESTMENT OPPORTUNITY

Well-maintained triplex in prime location near downtown mall, hospitals, schools, shopping, dining & U.Va. Two, 2-3BR/1BA units w/finished bonus room upstairs, LR, dining area, kitchen, hardwood flooring and one 1BR/1BA studio unit. Great income potential. $465,000. MLS #482203

Steve McLean (434) 295-1131

(ISTORIC &ARMHOUSE built in 1904

The home has 4 bedrooms and one bathroom. There is an abundance of natural light in almost any room, and the home is situated on 9.625 private acres. The workshop, greenhouse and barn convey with purchase. There are many different varieties of plants, flowers and fruit trees on the property. There is also a gold fish pond. This property is truly an oasis away from the city, and off the beaten path. Recent price reduction, and additional upgrades completed this year. Travel time to Charlottesville and Richmond is about 45 minutes. MLS 488505

JOSEPH GRIFFIN &!2- %34!4% !.$ 2%3)$%.4)!, "2/+%23

434-327-2554

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

Cell 434-960-9610 • darladances@embarqmail.com

Feature

24

m a r c h 2 9 - a p r i l 4 , 2 0 1 2 | I s s u e 21 - 13 could always network with contacts in their respective departments to find qualified renters after they had moved out. Coming from families with some experience in real estate and investments, they were familiar with the challenges of property management and were comfortable with their ability to do so successfully.

If you are contemplating following their example, do some research on

Make this your next investment & make money on this property with little effort. Perfect rental for busy people or small families. The land can be subdivided. Sell the extra lot or Add a 3rd bedroom...septic already updated. Why not do both?!! Yard is naturally landscaped, towering trees, level lot, 3.49 acres, 2bedroom/2bath,easy to care for all brick ranch near Lake Orange and schools. Investor must sell. Never before offered at this price... Only $107,500. AS-IS!

Mobile home on Level land bordered by farms with possible view of mountain & vineyard with right clear cutting of land. Private, secluded, quiet part of Greene County. Buy this property and the 2 acres next door. Live in the mobile home while you build on the adjoining lot and capture the beautiful mountain, pastoral and vineyard views from the back of the property. $183,500

In some instances Who are Today’s Investors People invest in Charlottesville real estate for a number of reasons.

A big one is that they fell in love with the area when they went to school here, explained McAllister. They purchase property here both because they understand the Charlottesville market with its stable base of renters and its potential for long term appreciation, and because they have plans to return eventually when they retire.

When they do, they already have a place to live.

In other cases, she said, people do the opposite. They move here to retire or just because they love the area,

but rather than sell their previous house they keep it as an investment property.

In some instances students purchase a starter home or condo while they are in school with the idea of keeping it for rental when they graduate and move on. McVay described some buyers who did just that. They purchased a townhome while in graduate school, and lived there several years, enjoying the proximity to the University.

When they purchased the property it was with the foresight that not only was it a good long term investment, but the realization that they

students purchase a starter home or condo while they are in school with the idea of keeping it for rental when they graduate and move on.

1760 Lambs Road CAAR Real Estate Weekly | celebrating 20 years 1992-2012

I V Y Fa R M S • C H a R l o t t e S V I l l e Well built home boast with mountain views and open space. this property is a must see-not a drive by. excellent location near schools, shopping and restaurants. Great neighborhood, private and wonderful area. Custom Built home! terrace level finished space. lots of garage space for cars or storage. Whole house generator, Pella Windows, aDt alarm, many upgrades. Vacant and ready for you. MlS#497281, $659,900

Jan Shiflett RealtoR, SFR, VHDa, QSC

Licensed to sell real estate in Virginia

434.242.6057 janshiflettsells@ yahoo.com

986 Cedar Grove Road

RollING HIllS eStateS • GReeNe CoUNtY

excellent location near NGIC/DIa. Shopping & restaurants nearby. New hardwood floor in all 3 BR’s upstairs, new carpeting in lR & hall, new linoleum in kitchen, deck and porch newly painted.

Main heating and cooling is accomplished with heat pump, backup furnace for heating & auxilliary elctric heat in basement. Insulation added in attic to significantly reduce the utility costs for heating and cooling. MlS#497126, $182,500

Ridge Drive WooDS MIll • NelSoN CoUNtY Rural, 39.31+/- acre parcel with mountain views, build your dream house! Has spring fed creeks. Several outstanding building sites, lots of privacy. MlS#496527, $175,000

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For Distinguished Charlottesville Homes & Condominiums: www.Lenmailloux.com

285 Farmington Drive

neW!

2033 Hessian roaD

Farmington, Albemarle County

1410 PLains Drive

Meadowbrook Hills, Albemarle County

Church Hill West, Crozet

5 BR, 6 Baths, 7402 SqFt, 1.70 Acs

4 BR, 3.5 Baths, 3991 SqFt, 1 Ac

4 BR, 35.5 Baths, 3341 F/790 UF, 21.06 Acs

“Kenmont”, one of Farmington’s finest & most elegant homes. Fairway & Blue Ridge Mtn views. Features swimming pool, circular driveway, slate terrace & separate terrace room. Distinguished architecture inside & out w/ arched doorways, lovely molding & spectacular built-ins.

MLS # 497494 • $2,975,000 www.LenMailloux.com/497494

Renowned Architect, Milton Griggs, designed, built and resided in this spectacular home, with many similar aspects of Thomas Jefferson’s, Monticello.

MLS # 497492 • $1,650,000 www.LenMailloux.com/497492

1st flr great room, DR, eat-in kitchen w/breakfast rm, master BR, laundry & side entry. 2nd flr has 2 BRs of unique charm, 2 full baths & rec room, laundry closet & private balcony.

MLS # 497177 • $1,635,000 www.LenMailloux.com/497177

1050 oLD gartH roaD

1000 Banton orCHarD Lane

4030 FairWaY Drive

Homestead, Albemarle County

Keswick Estate, Albemarle County

Lovingston, Nelson County

4 BR, 3 Full 2 Half Baths, 3509 SqFt, 5.39 Acs

4 BR, 4.5 Baths, 5707 F/864 UF, 85

5 BR, 4.5 Baths, 6303 F/1280 UF, 2.72 Acs

Contemporary home features formal dining & living rooms, study/library and kitchen/breakfast room & great room. 1st flr laundry/mudroom w/laundry chute. Four 2nd floor bedrooms w/3 full baths. Terrace recreation & sitting room, Peaceful and private setting w/small pond.

Manor home on 85 Acs w/option of 4 add’l parcels.

Apple orchard, multipurpose bldgs, machinery & equipment, managers cottage, pond & barn.

All 5 Parcels on 294 Acs for $4,500,000

LAKE FRONT HOME in exclusive gated community, 2-story grand entrance foyer & great room, 1st floor master, terrace level Entertainment/exercise areas, elegant living.

MLS # 497544 • $$670,000 www.LenMailloux.com/467544

MLS# 487772 • $2,850,000 www.LenMailloux.com/487772

2819 Lonesome mtn roaD

479 WortHington Drive

1055 oLD gartH roaD

5 BR, 4 Baths, 6049 F/2219 UF, 5.54 Acs

4 BR, 3 BA, 3100 SqFt, .15 Ac

4 BR, 2.5 BA, 2018 SqFt, 2.90 Acs

Braemont, Albemarle County

MLS # 484742 • $1,695,000 www.LenMailloux.com/484742

Ednam, Albemarle County

Albemarle County

County home with stunning mtn views & level yard, spacious rooms, lots of unfinished space for future growth or storage. 2-story foyer & great room, 1st floor master, 3-car garage.

Ednam contemporary has flexible floorplan w/1st floor covered entrance foyer featuring large guest BR w/full bath, elevator & staircase, 2-car garage w/ utility/ storage room. 2nd floor has LR w/gas FP

1st flr has formal LR & DRs, cozy kitchen w/laundry closet, breakfast rm w/FP, screened porch access, 2 BRs, full & half bath. 2nd flr has spacious master BR w/skylight & dormer windows

MLS # 488459 • $1,295,000 www.LenMailloux.com/488459

MLS# 495684 • $715,000 www.LenMailloux.com/495684

MLS# 496024 • $675,000 www.LenMailloux.com/496024

LEN MAILLOUX

Associate Broker, Real Estate III 500 Faulconer Drive • Charlottesville, VA 22903 C: 434-981-1972 | O: 434-984-7404 | website: www.lenmailloux.com | email: lenmailloux@earthlink.net

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

neW!

Feature

neW!

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Feature

RE/MAX

Cornerstone Realty

Outstanding Agents. Outstanding Results.

Nestled on a large country plot in desirable Somerset, VA where you can escape the noise, hustle & bustle of everyday life. Privacy & seclusion are yours–a tar & chip driveway is approximately 1.5 miles long-on this 96+ acres that is in conservation easement w/a 4 Bedroom 3.5 Bath Georgian Colonial with approximately 4500 finished square feet. Built on highest point of acreage offering 360 degree winter mountain views & with some additional clearing, could offer spectacular mountain views from the front of the home. Approximately 30 acres are fenced with 12-15 acres of pasture. A 5-car garage, approximately 70’x30’, features an unfinished apartment on upper level – framed, rough electrical & plumbing with bath, kitchen, living room and bedroom – with completion, this would make a great studio, home office or caretaker’s apartment. Additional 1-car garage with workshop that has electric, water & woodstove. Other amenities include a barn, fencing & automatic watering system for livestock. Within 30 minutes to Charlottesville MLS # 491633. $719,000

what is required to be a good landlord before you jump in.

Richards said it is not uncommon for investors to be empty nesters with disposable income looking to diversify their portfolios. These are the folks who can get loans for investment properties because over the years they have established the kind of credit scores and acquired the depth of assets needed to qualify.

The main question we want to answer when qualifying a borrower, he said, is “can they handle the bumps in the road? A solid set of assets and an excellent credit score are not things you acquire over night,� he explained. When a borrower has these in place, they are more likely to be considered a good risk.

the higher than average foreclosure rate means there are a whole class of people who are unable to purchase a home and are forced to rent. At the same time, the condo market is complicated by tighter Fannie Mae, Freddie Mac rules which make loans for these units a lot harder to obtain than they once were. This means people who may have purchased a condo in the past may be more inclined to rent today.

Charlottesville’s Rental Market

money owning rental property, but it can be a real headache.� A big part of this headache is learning how to choose good tenants.

Ramsey expressed similar sentiments when he said that he advises about 50 percent of the people who express interest in purchasing rental property to give serious thought to putting their money elsewhere. The reason is “not everyone can be a landlord.� It takes someone who is willing to research rental prospects carefully and recognize who is and isn’t a good

Property Management Before you decide to start acquiring rental property, consider whether you are cut out to be a property manager. “After 30+ years in the real estate business,� said McVay, “I always tell clients that you can make good

Shannon G. Hudson

Virginia Licensed Associate Broker

ABRŽ, ASPŽ, CDPEŠ, SFRŽ, Registered HUD Agent

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

540.661.2083 Direct • 540.972.1777 Office shudson.remax.com

Early “Tee� Time Proves Valuable for Developers!

Heart of Louisa County on Tanyard Golf Course!

MLS# 492770

16+/- Acres

High Density Division Rights • Water & Sewer already on Site • 2 Road Access Points • Centrally Located between Richmond & Charlottesville • Various Available Tax Credits

People choosing to purchase investment property should be confident in the stability of the rental market. According to Ramsey, today Charlottesville’s market is what he calls “pocketed.� However, “in general, rents have remained strong through the recession,� he added.

A number of factors contribute to the strength of our local rental market. In addition to the demand for properties around the University,

Excellent Opportunity to Develop: SR Living Community; Duplex’s; Town Homes; Single Family Homes with Larger Lots; Apartments High Density Living; OR SUP Commercial mixed with Residential!

$1,200,000

Candice van der Linde 434-981-8730

candice.vanderlinde@gmail.com

161 AVON ROAd • AFTON !UTHENTIC 6! FARM HOUSE WITH LARGE RENOVATED BUILDING FOR BUSINESS OR STUDIO COULD EASILY BECOME A ND HOME ,ARGE OLD UNRENOVATED BARN FORMERLY A BAR REL STAVE FACTORY &RONTS ON TWO ROADS INCLUDING TO 7INTERGREEN ,OVELY SETTING WITH MOUNTAIN VIEWS CONVENIENT TO SHOPPING MEDICAL SERVIC ES -,3

603 ALTAVISTA AVENuE • bELmONT GREAT CHANCE TO LIVE IN "ELMONT IN THE MAIN HOUSE WHILE ENJOYING THE INCOME FROM A SEPARATE APT AND A DETACHED COTTAGE )N THE HOUSE AND COT TAGE WERE FULLY RENOVATED BY #LASS ! CONTRAC TOR INCLUDING TOTAL REDO OF KITCHENS BATHS

PLUMBING (6!# "ACK YARD HAS PRIVACY FENCE -,3

Yates Nobles

Associate Broker,

GRI, ABR, SRS, e-Pro, GREEN

434.996.0888 cell

yates@yatesnobles.com w www.yatesnobles.com

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I s s u e 21 - 13 | m a r c h 2 9 - a p r i l 4 , 2 0 1 2

Waterfront property with boat dock

9 VINE RIDGE DRIVE | LAKE MONTICELLO, VA | PRICED TO SELL AT $369,900 t Contemporary Style Home t 5 Bedrooms All Have Water Views

Feature

AfTOn 46 SpIrIT rIdGE LAnE

3Br/3Ba • 3,058 sq ft • 96 acres MLs #497415 $839,000 Wow – this is amazing inside and out! Log home with exposed beams and solid rock fireplace perched on a hill overlooking a stocked pond and the Blue Ridge Mountains… and that isn’t even the best part, the home is privately situated on 96 acres! As a full time residence or vacation retreat, settle in and enjoy true peace and quiet, while still being within a mile of route 151 and within 25 minutes of Charlottesville and UVA. Just one visit and you will know that this is a special place. from the stone pillars that welcome you along a meandering paved drive to the top of the hill and a clearing for the log home with 3 or 4 bedrooms and a master suite, pond with dock, barn with full loft, and 2 bedroom studio with covered deck. The land is mostly wooded with a good mix of mature hardwoods, and is bordered on the entire north side by Meriwether Creek. from the house, you can actually hear the bold creek as it cascades through the mountains. This may be the perfect place to call home, if you want character and NOT cookie cutter, if you value privacy, and if you need space for a studio, workshop, or hobbies.

t 3.5 Baths

Log home & nearly 100 acres!

come see if it has the “WOW” factor for you!

t 0.48 Acres t Large Deck Overlooks the Lake View t 2 Car Garage

Live beautifully in Nelson County

Marlo G. Allen Assoc. Broker 434-996-3525

Kelly Ceppa

Email: Marlo@InsistOnThatGirl.com InsistOnThatGirl.com

Realtor Associate

KellyCeppa@gmail.com Mobile 434.981.2506 www.NestRealty.com

Hock Hockensmith, ccim Broker for Commercial - Investment Properties

434-951-5110 office • 434-996-3333 Cell hock@roywheeler.com 1100

DryDen

Lane,

CharLottesviLLe,

Fluvanna Apartment complex

va

22903

main Street investment

w w w. r o y w h e e l e r. c o m

commercial Land 16+ acres - development opportunity in Louisa. adjacent to town limits, C-2 zoning, utilities available, fronts on two roads. $750,000. at foot of Wintergreen – pad sites from 1.8 acres, starting at $300,000

this 8 unit apartment building near Fork Union and Palmyra, was completely remodeled in 2009. 2 Br 1.5 Ba floor plans; stays rented at market rents. Great income property. $875K.

Development site in downtown Crozet 16+ acres. ideal for mixed- use project with re-zoning already started. reduced to $3M.

Net Leased Property

Leased to Dollar General. Makes great armchair investment. Well located in emporia, va next to DMv office and rt. 58 by-pass ramp. 10.8 % cap rate. $499,500.

•

opportunity in downtown orange. Current owner operates as art Gallery and lives in connected 3200 sF townhouse. Plus 7200 sF on lower level for expansion. some on-site parking. $595,000.

Offices For Lease at sachem village - four room office suite, immediate occup. $895/month.

Berkmar Drive - 900 sf suite in village offices. ready to occupy $995/month.

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

Insist on That Girl!

28

Feature

m a r c h 2 9 - a p r i l 4 , 2 0 1 2 | I s s u e 21 - 13

Rare Land Offering in Afton 27 PLUS ACRES of mostly pasture land with mature woods and a flowing creek through the length of the property.

Beautiful building site on a wooded knoll. With some tree clearing, this site provides year round views of the Blue Ridge Mountains. Perfect for a mini-farm, horse boarding/training alppaca/llama or a small cattle operation. 20 min. to Wintergreen Resort, Waynesboro and 25 min to UVA/Cville. Minutes to 250 West. $408,900 MLS#479541

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

Wonderful Views of Blue Ridge Mountains

risk. Ramsey always runs a credit check and asks for a recommendation from their current landlord. He added that if someone can’t come up with the first month’s rent and tries to negotiate their security deposit, it’s a good sign they won’t be a strong tenant.

Of course you can always pay someone else to manage your property and that is a good option for many people. The 6 to 10 percent of your rental income which you can expect to pay for this purpose cuts into your cash flow, but may be well worth it.

Also, it’s a good idea to check with your accountant since if you don’t actively manage your property, the IRS may consider you a passive investor, in which case you may also lose some of your write offs.

The Costs of Property Ownership Whether or not you make money on rental properties depends on a number of factors, and inexperienced investors may overlook some of the real costs. For example, McVay said it helps to be handy, and/or to have a good list of people you can rely on who are. If you are handy yourself and know other people who are, or if you own a number of properties, you can do your own fix up and repair, or have a better chance of negotiating

good prices from others. If you are regularly forced to pay retail prices on repair this will eat quickly into any profits.

Another consideration is your market. While the University provides good demand for rental properties, you can also count on a lot of turnover as students come and go; and don’t expect them to be good at maintenance and yard work. It usually takes a year to recover the costs of fixing up a rental unit for the next tenant, even if there is just normal wear and tear, Ramsey explained.

This means you are into your second year before you start making money again on that unit.

The cost of turnover is also a good reason to stay reasonable with rents and not raise them too often or too much. Keeping tenants happy enough to stay for several years can be good business, and more profitable in the long run than continually raising rents.

Celeste Smucker is a writer, editor and author of Sold on Me Daily Inspiration for Real Estate Agents. She lives near Charlottesville.

LAKE MONTICELLO

Plenty of room on 61+ acres! Great rolling hills, Lots of wonderful forest in rear of property, Clean forest floor. You must walk it to appreciate the wonderful views. Great Location near Winton C. Club.! Stream, creek, and possible springs. Two bedroom, 2 bath cottage, live here while you build your dream home, then RENT it out... MLS#496367, $325,000

THIS IS A FANNIE MAE HOMEPATH PROPERTY. PURCHASE FOR AS LITTLE AS 3% DOWN! Wonderful, one-level home with sep. living & dining rooms; eatin kitchen, family room with fireplace; nice-size bedrooms; MBedroom with full bath; beautiful hardwood floors; deck overlooks level 3-board fenced yard; nicely landscaped; close to gate. Approved for HomePath Mortgage and Renovation Mortgage Financing. MLS #495343 $149,900

KENTS STORE

Preddy Creek Move in Ready! Lots of space for the money! Spacious 4 bedroom, 3.5 baths. New Carpet upstairs, Breakfast nook w / bird watching Bay Window. Finished Bsmt, Large oversize one car garage. Gas Log Fireplace in Den. Large corner lot.Large Amish Stg Bldg painted to match house. Minutes to NGIC,DIA, UVA Research Park & C’ville Airport.

MLS # 489083 Reduced to $329,000

Linda M McGovern,

GRI, Associate Broker Linda_McGovern@comcast.net 800-690-0206 • 434.386.6216 www.HuntingHomesandLand.com

Charming, 2B/1b forclosure on 1.5A; original wood floors; ceramic tile in kitchen and family room; remodeled kitchen; fenced-in lot; nice, level yard with mature landscaping. Sold “as is”. NOTE: BANK OF AMERICA prequalification letter required on all offers. MLS# 497034 $88,300

Office: 800-487-7076 • 434-589-3958 Fax:434-589-1427 1stvahom@cfw.com

www.firstvirginiahomes.com

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Real Estate & Construction Services

Benjamin Myrtle 434-466-6371

A Best Buy-great Location

Great value for this beautifully furnished one bedroom condo at Wintergreen, Walk to skiing, shopping and dining, this property has been updated with designer quality furnishings, updated kitchen, and motivated owner offers $1,000 closing cost help . Great buy at $89,000!

7 6 6

L a u r e L w o o d

Great PriceSecluded location near the waterfalls

CARYS CREEK RoAd foRK union Beautiful & private 200 acres fronting Carys Creek Rd. Approx. 100 acres of cropland now planted in winter wheat. Bold Martins Branch crosses the property. Property located just down stream from the old Hughes Gold Mine tract. Possible gold deposits on this tract. Also, Dept. of Minerals maps show extensive area of slate deposits on the Eastern portion of property. Elevated building site near middle of tract.

Level to rolling terrain. Miles of gravel road & old railroad bed for riding . MLS# 495821, $585,000

Harold Payne 434-981-0071

HERITAGE

LAnd CompAny realtors®

Listen to the falls from the private two level deck close to the hiking trail! Immaculate 3 level home with den and lower level pool room for extra space for family and friends. Massive stone fireplace, great room with soaring ceiling , recent price reduction makes this an outstanding value.

29 weeping rock Lane $299,950 #490869

Large 5 bedroom newly constructed home. Major price reduction!

632 River Run drive Palmyra, VA 22963

701 Rockfish Orchard Drive Panoramic mountain views from this meticulously-maintained, one-owner, 3 BR, 2.5BA home on nearly 5 acres. Bring outdoors in with floor-to-ceiling windows and cathedral ceilings in great room or step into an outdoor oasis on the back deck or covered front porch.

Features include: open flow, first-floor master suite, two-car garage with storage or workshop, basement rec room, fireplace, oak flooring, maple cabinets, sound and security systems, and exterior with landscaped yard, garden spot, paved drive, and 2 outbuildings; privately situated in upscale community with ponds. Just over 25 minutes to Charlottesville. $389,000

Walk Around Lane Property Private yet easily accessed, this 2.85-acre wooded parcel is located in the sought-after Rhue Hollow area at the end of a cul-de-sac. Just minutes to Wintergreen Resort, making this an ideal spot for a second home or a year-round residence. Lovely winter mountain views and all-season potential with some cutting. Mountain laurel abounds! Great building sites. Soil work completed for a 3BR residence. Close to Nellysford and approx. 35 minutes to C’ville. $98,500

(800) 361-5155 • (434) 361-2440 www.MountainAreaRealty.com 2788 B Rockfish Valley Highway • Nellysford, VA 22958

# 4 8 9 6 7 5

Spacious and immaculate, built in 2007, this 5 bedroom, 3 bath home offers plenty of room for family and guests. Beautifully furnished, centrally located, this home has been successfully rented by current owner. A great value at $349,000!

19 chestnut Lane,

$349,000

#482974

Stunning Home on the Golf Course

Beautifully maintained, this custom home enjoys a private setting, spectacular living room with walls of glass open to expansive shaded deck, flowing out to the golf course.

Gourmet kitchen, two master suites, screened gazebo, beautiful landscaping, this home is superior in design, quality, and condition.

691 stoney creek west $525,000 #490901

Betty Green Direct: 434 361-0540 Cell: 434-996-5539 betty@wintergreenliving.com

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

RECS

Great Values W i n t e r g r e e n

a t

Feature

Must See - Beautiful Ranch style house on over 2.5 acres boasting 2992 sq ft of detailed craftsmanship. 4 bedrooms and 3 full baths. Less than $84 a square foot makes this one of the most affordable new homes in the area and an exceptional value. Nice garden area.

Short walk to the Conway river. Hurry, there’s still time to pick finishes. Owner/Agent. MLS# 489213 $249,900

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McLean FauLconer Inc.

Farm, estate anD resiDential Brokers

CHARM, WARMTH, TRADITIONAL ELEGANCE! Exceptional 2-story Colonial on 2.75 acres w/gorgeous Blue Ridge Mtn. views! Superior details inside & out including a chef’s kitchen, innovative home entertainment system & irrigation system. $995,000. #465705 Steve McLean (434) 981-1863

4.2 acre Grassmere Farm lot in Ivy with Blue Ridge & pond views. Beautiful landscaping done by owner. Small garden house, drilled well, perked lot & electricity established.

Murray Elementary. $355,000. Betsy Swett, 249-2922. MLS 494034.

HISTORIC PROPERTY - Four 100-acre tracts only 10 miles from Charlottesville, has a Jefferson legacy.

Magnificent land, spectacular views, perfect for horses or grapes! In protected area, but close to town, extremely scenic. From $1,595,000 - $1,795,000. Jim Faulconer (434)981-0076.

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

Traditional 3 BR, 3 BA c. 1948 home on 5 lovely acres, great for entertaining, new professional kitchen, formal dining/living rooms, 2 fireplaces, paneled library, detached shop, barn and 1 BR cottage all just minutes from town and shopping.

Andrew Middleditch (434)981-1410. $795,000 #496091

10.93 acres fronting Plank Rd, 1 mile west of quaint village of Bateville. Land offers approx.. 5 acres of rolling to slightly hilly pasture w/ the balance in mixed hardwood forest. Lovely elevated homesite w/ panoramic mountain views, beautiful setting. $379,000. Call Jim Faulconer (434) 981-0076 MLS#486448

LOCATION! LOCATION! Perfect light filled south facing 1 BR in the uber secure Barringer with covered parking. Looks like a model. Right next to UVA Campus. Priced below assessment $266,500 Tim Michel (434)960-1124 #488184

Rivercrest at Dunlora. One level living. Living room with fireplace, formal dining room, private study, three bedrooms, eat-in kitchen with fireplace, three full baths, hobby room, large entertainment area and screen porch. Hardwood floors, laundry room, two car garage. $495,000 MLS 497076, Call Punkie Feil, 434-962-5222.

A FIND! - Terrific Blue Ridge Mountain views over the lake and 35 rolling open acres compliment this historic estate with it’s c. 1878 manor offering high ceilings extensive period details, 8 FP, 5 BR plus a restored log cabin guest house. Offered at $775,000. Tim Michel (434)960-1124 #496101

CAMERON LANE - charming Arts & Craft style residence & a fabulous separate studio/home office w/ a bathroom in a prime City/UVa neighborhood. Current owner has lovingly renovated the very comfortable 4/5 bedroom home with flexible space for home offices.

The private/landscaped yard is a bit of country in a City location.

Enjoy three seasons of the year with the screen porch. $549,000 Charlotte Dammann(434)981-1250 #490444

ESTATE PARCEL - Wonderful 21 acre elevated parcel in northwestern Albemarle offering unparalleled mountain views & complete privacy. Attractive mix of open & wooded land, long frontage on the Lynch River & well in place. $315,000. Andrew Middleditch (434)981-1410. #481444

KESWICK ESTATE - Magnificent brick home w/slate roof within walking distance to Keswick Hall & all club amenities. Superbly constructed, 5BR, 6.5BA, grand 1st-floor master suite, gourmet kitchen, 3 fireplaces, 3-bay garage, large covered deck, professional landscaping. MLS #490673 $1,695,000.

Steve McLean (434) 295-1131.

UNIVERSITY AREA -“1910” Colonial Revival w/ gracious rooms, high ceilings, elegant moldings, French doors & pine floors located near UVA. Three reception rooms, sunroom, 2 ½ BA, 6BRs. Mature .426 acre lot. $529,000.

Judy Campbell 434-466-6688 #495786

IVY LANE - Premier residence is a Jefferson inspired interpretation of a traditional Virginia manor house in Farmington on a superbly landscaped & private lot. Charlotte Dammann (434)981-1250. #482902

503 Faulconer Drive - charlottesville, virginia 22903 Phone (434) 295-1131 Fax (434) 293-7377 email: homes@mcleanfaulconer.com - WeBsite: www.mcleanfaulconer.com

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McLean FauLconer Inc.

Farm, estate anD resiDential Brokers

Exquisite 5 bedroom contemporary on 14.5 private, but convenient acres with Moorman River frontage and stunning Blue Ridge mountain views. Located on scenic Ridge Road, 15 minutes from town. $1,175,000. Tim Michel (434)9601124. #492323 www.3280ridgeroad.com

MAGICAL IVY COTTAGE. Meriwether Lewis and Western Schools for under $300,000 !!!

Open and closed decks overlook your private retreat with rock garden, spacious slate terrace, fire pit, hardwood floors 2 fireplaces. #497022 Tim Michel (434)960-1124

6.9 acres, great custom-built 4BR/3.5BA residence. Gourmet kitchen, adjoining great room with stone fireplace, main level master suite, wrap-around covered porch, and large 2,000 Call Jim Faulconer (434) 981-0076

CHARMING HOUSE ON LOCUST AVENUE. Just a 5 min walk to downtown, fenced backyard with trees, offstreet parking for 2 cars in rear. $269,000 Charlotte Dammann(434)9811250. #493240

LOCUST AVENUE – Wonderful city cottage with custom kitchen, granite countertops, tiled baths, unique screened porch off kitchen on quiet corner lot at the end of Locust Avenue Tim Michel (434)960-1124. $424,900 #437193

Delightful Contemporary on private elevated lot with wonderful light filled 3br/2 1/2ba floorplan, vaulted cielings, great flow, formal and informal spaces, wonderful decks and balconies Premire Ednam Forset min. west of Cville Excellent value Andrew (434)981-1410 $625,000.

FARMINGTON-Nnewly remodeled residence in a quiet Farmington County Club location on 4.27 acres. This traditional home was recently expanded also, and features an exceptional mostly one level floor plan, including a charming reception room with fireplace, spacious dining room with French doors to a covered porch, brand new kitchen with top quality appliances and a large main level master suite. This home is loaded with traditional charm, has a great floor plan for entertaining, as well as excellent outside spaces. $1,275,000. Call Jim Faulconer (434) 981-0076

MINT SPRINGS FARM – Classic Virginia brick home, slate roof, c. 1920, privately situated on 121 acres, adjoining easement property & 502 acres Mint Springs Park at base of Blue Ridge Mountains, offering panoramic mountain & pastoral views.

Jim Faulconer (434)981-0076.

Owensville Road - Incredible location and opportunity to build your dream house on a lovely 4 acre lot. No HOA Fees! $349,000 Charlotte Dammann(434)981-1250. #485869

NEW COUNTRY EXCLUSIVE – 113 Pristine acres, 14 miles NE of city, offering blend of pastures and magnificent forest, with private elevated plateau for spectacular homesite, panoramic Blue Ridge views! Jim Faulconer (434)981-0076.

MLS#488009

RAGGED MOUNTAIN FARM - UNBELIEVABLE VALUE! Stately Federal-style residence w/over 6,900 sq.ft. on 3+ acres in Ivy. 1st & 2nd floor master suites, 2-story family room, breathtaking Chef’s kitchen. Magnificent Blue Ridge & Ragged Mtn. views. Superb quality & excellent attention to detail! $1,595,000. MLS #494099 Steve McLean (434) 295-1131.

Great brick townhome on quiet cul-de-sac conveniently located near Fashion Square Mall & Hydraulic Rd. Well maintained, 1,408 finished sq.ft. on two levels with spacious floor plan. Full unfinished basement. $195,000 Steve McLean (434)981-1863 #496512.

503 Faulconer Drive - charlottesville, virginia 22903 Phone (434) 295-1131 Fax (434) 293-7377 email: homes@mcleanfaulconer.com - WeBsite: www.mcleanfaulconer.com

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

PICTURESQUE RURAL SETTING - 101+ acres of pristine rural countryside located in eastern Orange County. Charming 3BR/2.5BA home, complete privacy, beautiful setting, great mix of open & wooded land, barn, storage buildings & huge pond. $850,000. MLS #493830 Steve McLean (434) 295-1131.

32

Blue Ridge Views!

m a r c h 2 9 - a p r i l 4 , 2 0 1 2 | I s s u e 21 - 13

PLAY THE

Radio Disney Team Green Game Show PowerSaver Edition AT THE

Blue Ridge Home Builder Association

HomE & GARDEn FESTivAL

’ John Paul Jones Arena Enjoy Blue Ridge views from the wrap-porch of this nearly new, quality built 4-BR home in Western Albemarle. A great room opening to a large lovely deck makes for easy entertaining and family living. Built in 2010 with 6� walls for extra insulation, and low utility bills, wood floors, granite kitchen counters, maple cabinets, stainless appliances, gas stove, huge master suite, second floor laundry and two-car garage. Near Western Albemarle schools and Crozet shopping.

We’ve Got A Whole Lot Of Fun Going On Joan Jay Ž REALTOR

434-906-1806

“CONTACT ME TODAY TO SEE HOW YOU COULD SAVE!�

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Real Estate Weekly

CAAR

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

$339,000

Â’ 4O[WZWSa Q][^SbS T]` Prizes! Â’ :SO`\ OP]cb S\S`Ug aOdW\U V][S W[^`]dS[S\ba Powersaver loans! Â’ 9WRaÂłeW\ O Radio disney Party for g]c` SZS[S\bO`g aQV]]Z Â’ >O`S\baÂłbOZY eWbV `S^`SaS\bObWdSa T`][ bVS :]QOZ 3\S`Ug /ZZWO\QS >`]U`O[ :3/> O\R enter to win T`SS V][S S\S`Ug `SdWSea

Helping Central Virginia

Find a Home since 1992

EDITION

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Blue Ridge Home Builder Association Home & GARden FestivAl April 20 - April 22, 2012

Friday - 4/20 and saturday - 4/21 Â’

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I s s u e 21 - 13 | m a r c h 2 9 - a p r i l 4 , 2 0 1 2

Living In Virginia’s Hunt Country

Little Bit Farm: 44 acre horse farm in northern Madison County. Elegant 4 bedroom, 3 ½ bath brick, federal style home. 6 stall barn w/wash stall, tack room, feed room, and staff apt., 8 stall pony barn, 120' x 45' indoor ring, gambrel roofed hay barn, 2 bdrm/2 bath manager's house, 7 run in sheds, 60' covered work area, and 100'x120' outdoor arena. Board fenced pastures & paddocks. $1,175,000

New Price Dunn Hill Farm: 40 acre farm with a c.1860 spectacular, meticulously restored home with dual staircases, 5 fireplaces and countless period details.

This idyllic property includes a pool, 3 bedroom guest house with reclaimed architectural elements, spring fed pond and restored log cabin.

Convenient to Reedy Creek, Sedgefield Hunt, and Red Mountain Hunts. $599,900 http://dunnhillfarm.com

Linden View: The perfect small horse farm 1 hour to D.C. 5,800 Ft2 custom built home offers 5 bedrooms, 4 ½ baths, a beautiful pool, extensive custom stonework, and multiple porches to take in the expansive mountain views. 4 stall center-aisle barn and board fenced paddocks. Extremely convenient to Old Dominion, Blue Ridge, and Piedmont Hunt Fixtures. $749,900

Virginia’s Piedmont offers opportunities to enjoy world class foxhunting, countless horse shows, polo, eventing, endurance riding, and carriage driving. As an experienced horseman, active foxhunter, and owner of a horse farm, I will help you find that perfect property and make your dreams a reality.

Contact Don Skelly at (540)406-1370 dskelly@farmandestate.net

PIEDMONT OFFICE 132A East Main Street, Orange, VA 22960 (540) 672-3903 Fax: (540) 672-3906 www.farmandestate.net

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

Castle Mountain Farm: Extremely private 292 acre farm with custom built 4,800 Ft2, 5 bedroom, 4 1/2 bath home in the Rappahannock Hunt territory. This extraordinary property offers unparalleled mountain views, more than 1/2 mile of frontage on the Thornton River, large pond, and an extensive trail system. The property is protected by a VOF Conservation Easement as are the neighboring properties. $4,950,000

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m a r c h 2 9 - a p r i l 4 , 2 0 1 2 | I s s u e 21 - 13

house & home

adjust your heating and air-conditioning systems to match your family’s schedule throughout the day and night. For every degree you lower your thermostat over an 8-hour period, you cut energy use by about one percent. set it back 10 degrees overnight, and that’s a 10 percent savings. You’ll pay around $50 for the thermostat, but you’ll reap an estimated annual savings of $100.

Install a smart ceiling fan

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

green 1pro 0 ects j

Want to get into the spirit of going green but don’t know where to start? You would be surprised at the number of projects you can do yourself that will make a difference in your use of energy. here are ten inexpensive ways to go green in your home and backyard.

Build a clothesline

That Won’t Break the Bank!

if you’re from the baby boomer generation, you remember that clotheslines were once the norm. When given the opportunity, when the weather was good our moms and grandmothers preferred to hang clothes out to dry and they always came back in smelling fresh and sweet. When you consider your clothes dryer is probably the biggest energy-guzzling appliance in your house, an old-fashioned clothesline is a simple and easy way to save energy.

heat up in your bathtub or sink? as you watch the water go down the drain, you’re also seeing the energy it took to heat it going down the drain with it. What if you could press a button and have hot water in an instant?

You could if you had an on-demand recirculating pump. installed under the sink, the pump captures the not-yet-hot water before it exits the tap and shoots it back to the water heater.

Install a programmable thermostat

Recirculating Pump

Insulate Hot-Water Pipes Just like putting coffee in a thermos, you want to keep your hot water hot as long as possible. insulate

here’s an upgrade that quickly pays for itself. With a programmable thermostat, you can automatically

have you ever stood around running the hot water, waiting for it to

By Joanne DiMaggio

pipes wherever you can reach them by encasing them in rubber or polyethylene foam tubes. the tubes come with an adhesive-coated slit down the middle, so you just ease them over the pipe and press the ends closed. seal the seams with good old reliable duct tape.

Ceiling fans are a popular home addition no matter what season of the year, but if used improperly, they may not be doing much good in the energy department. Make sure any fan you buy is energy star rated. Lighted ones use fluorescent bulbs instead of hot-burning incandescents or halogens and are up to 50 percent more efficient than standard models. install an occupancy sensor switch that shuts the fan off if no one’s in the room.

Replace Recessed lights From an energy efficiency perspective, recessed or “canned” lights are not good because they usually aren’t sealed. since they can’t have insulation above them, they allow heated air to escape into the attic. You can replace them with newer, airtight models, but an easier fix is to buy a retrofit kit that screws into the existing fixture. Many of these enable you to seal around the rim and behind the bulb, converting the old fixture to one that is airtight and insulation-rated.

Replace Weatherstripping one of the reasons you may be losing heat or air conditioning could be because the seals around your windows and doors have worn out. a quick inspection can tell you whether they need replacing. redo the caulking to seal even tighter. Most experts agree that caulking and weatherstripping will pay for themselves in energy savings within one year.

Clean Green pay attention to the contents of your cleaning products and avoid using those containing toxic properties. good old-fashioned soap, baking soda, and vinegar or lemon juice can take care of most household cleaning needs.

Plant Deciduous Trees You can go green—literally—in your backyard by planting deciduous trees (trees that lose all their leaves in the fall) on the south, east, and west sides of your house. the right tree in the right place provides wind protection, shade, and cool air, while adding beauty, privacy, and wildlife habitat to the landscape. in five years,

Classic Brick Home

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35

repton mill road

panoramic Blue ridge Views!!

Create a Rain Garden Another outside way to go green is to create a rain garden. Instead of diverting your gutter water into a storm drain, channel it into a low spot on your property planted with bushes, grasses, or trees that would love that extra drink. Rain gardens help provide the natural flood-control and water conservation.

14.60+/- acres in RIDGEMERE subdivision offers total serenity with mountain views that are unparalleled, just the right distance away for a Perfect Perspective.

The well is in & 4 bed perk approved.

Enjoy the Madison countryside. Minutes away from Rt.29 & convenient to Charlottesville or NVA. If you are looking to build your Dream Home, you will want this Dream Location! $289,000, MLS#491467

Spiffy new kitchen & baths bring this classic 4 BR, 3 BA brick home into the millennium! Granite counters, new stainless appliances, hardwood floors, tile baths, contemporar y lighting, 2 FPs, fresh paint inside and out, dual fuel high-end gas furnace & 15 Seer AC. Close to NGIC, shopping and great Albemarle County schools.

MLS# 497213

STEPHEN L. GRANNIS 540-748-1165 www.charlottesvillerealestatesolutions.com

Joan Jay ® REALTOR

434-906-1806

$389,000

Call Toll Free: 1-800-948-4712

756 aDVaNCe MIllS roaD

Just Mins From RTS 33 & 29!

4 Bedrooms, 2.5 Baths New 500+Sq.Ft. Master Suite Addition Eat-in Kitchen, Living Room w/FP MLS# 496679 $144,900

404 8th Street, N.E. Charlottesville, VA

www.charlotteramsey.com

8287 Seminole Trail Ruckersville, VA

434-296-7171 434-990-1777

“Personalized Real Estate Service”

JulIe Holbrook, 434/989-4415

WeSTerN albeMarle

Stunning Blue Ridge Mtn View Renovated 1930’s Bungalow Charming Country-Style Kitchen 2 Story Great Rm W/Flr-to-Ceiling Stone FP Spacious Mstr Suite w/Vaulted Ceiling & Skylights MLS# 496656 $332,500

JulIe Holbrook, 434/989-4415

FIrST TIMe HoMebuyer!

A Great Opportunity to be Near UVA, Hospital, Downtown. Neat & Clean Home Offers 3 BR, Office, Full Bsmt, Fenced Yard, Gas Heat & Central Air. Call Today to See How Little CASH You Need to Buy This Home. MLS# 486245 $175,000!

MIlDreD MorrIS, 434/981-2599

PreDDy Creek!

3 br, 2.5 ba ColoNIal HoMe

Huge Family Rm w/FP. Bright Eat-in Kitchen Formal Dining Rm w/Hdwood Flrs & Chair Rail Walkout Bsmt. Two Car Garage Located on Almost a ¾ Acre Lot MLS# 496356 $260,000

JulIe Holbrook, 434/989-4415

eVerGreeNe reTIreMeNT VIllaGe!

CHarMING arTS & CraFTS buNGaloW On a Quiet Street Downtown Completely Renovated and Updated Inside & Out 4 Bedrooms, 2 Full Baths $369,000 kevin@charlotteramsey.com

Extra Large Home Having Pastoral Views,2BR,2BA Formal Living & Dining Space, Den & Sunroom Easy Access to Senior Center,Library, Shopping 55+ Community. MLS# 494319 $175,000

keVIN o’brIeN, 703/966-2438

MarGareT raMSey, 434/953-7057

MarGareT raMSey, 434/953-7057

JoHN MIMMS, 434/882-2019 or 540/430-0254

9.65 aCre buIlDING SITe

20 MTN laurel rD, earlySVIlle

earlySVIlle –NorWooD laNe

$43,500 beloW TaX Value

JoHN MIMMS, 434/882-2019

roberT raMSey, 434/242-2280

On Hickory Creek Rd, Nelson Co. Mountain & Pastoral Views Multiple Bldg Sites, 3 BR Perc Test Done Private Road Blt. Bring Your Builder or Hire Seller To Clear Homesite, Build Driveway or Build Home MLS: 477747 $139,900

3 Mins From Broadus Wood Elementary Classic Williamsburg Colonial on 4.62 Acres 4 BR, 2 Full & 2 Half Baths Corian Counters & Cherry Cabinets 3064 Fin Sq. Ft, 947 Unfin. Whole House Generator Tankless Water Heater, Whirlpool Tub MLS# 489263 $388,000

beauTIFul CaPe W/oVer 5,000 FIN SQ FT

ON 6.55 ACS In Free Union.

4 BR, 2.5 BA in Main House Spacious Apt w/Hardwood Flooring Over 2-Car Garage Great Rm w/Double-Side FP To Family Rm, Formal LR & DR Wrap Around Deck. Mtn Views MLS# 496306 $611,100

Well-Maintained 3 BR, 1.5 BA Home 1368 Fin.Sq. Ft., Eat-in Kitchen, Family Rm Central Heat & Air. Large Rear Patio Huge 320 Sq. Ft. Shed. Mins to Dining and Short Drive to Ch’ville. $149,900.

MLS# 489573

JulIe Holbrook, 434/989-4415

Four 2 beDrooM uNITS & oNe 1 br uNIT $2,175/Mo Income, Many Recent Improvements Extra Land Parcels Could Hold 2 Duplexes Well & Septic, Tenants Pay Utilities Coin Operated Laundry, High Traffic Area – Easy to Rent. MLS# 465428 $199,900

1315 Rose Hill Drive 3 Bedroom, 2 Bath Home Great Location Near Greenleaf Park Great Condition & New Roof MLS # 486875 $244,900

roberT raMSey, 434/242-2280

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

they may provide enough shade to let you run your air conditioner less frequently. And when the trees mature, they could save you as much as 40 percent on your cooling costs.

36

m a r c h 2 9 - a p r i l 4 , 2 0 1 2 | I s s u e 21 - 13

Montague, Miller & Company

REALTORS ®

New to the Market

New to the Market

FEATURED PROPERTY Ju st Lis ted !

,

View All Area Homes for Sale, Visit MontagueMiller.com

weStern aLBeMarLe

Beautiful large country home on 2+ acres w/mtn views! 5 Brs, 4 Bas, huge walkout bsmnt. Hrdwd floors, crown moulding, recessed lights & upgrades.

2 car garage. MLS# 496953, $495,000 Brian McCauley, 434.465.0696

CeLt rD - StanarDSviLLe

iMMaCULate move-in ready! 3.3 acres, 2 creeks, beautiful views, wraparound porch, newly paved driveway.

Walk-up attic, flowing floor plan. 2 car garage, large level lot. MLS# 496976, $289,900. Sasha Farmer, 434.260.1435

Bentivar

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

Beautifully placed on a professionally landscaped 2 acre lot in Bentivar, this custom home was built by award winning Barry Meade Homes. 5Br, 2 1/2 Ba. Formal Lr and Dr, Fr with gas FP. Gracious, open floor plan allows perfect flow for entertaining. Large MBr with FP. impressive home, naturally brightened by an abundance of windows overlooking a beautifully landscaped yard. Finished walk-out terrace level with ample storage space. enjoy outdoor entertaining on the deck with awning or patio. MLS# 497349, $659,000. Carol Carder, 434.242.0459

inveStOr OPPOrtUnity

Duplex on north Berkshire for sale.

Both leased-through June & Sept 2012.

Convenient and close to everything! this is a perfect opportunity for an investor! MLS# 497541, $279,900. JanBas van Beek, 434.981.6122

StOneGate | weStern riDGe

Open floor plan w/1st floor M + two huge Brs, loft area. this home has the layout you’re looking for and is ready for your finishing touches to make it perfect for you! MLS# 494967, $289,000.

Karyn trumbull, 434.951.7191

KeSwiCK

Cape Cod style home w/lg family room & lux MBa. Br over garage w/private Ba for guest/inlaw suite. add’l 3 acres available. Privacy & w/room for horses.

MLS# 496185, $439,000. rives Bailey, 434.227.4446

inCreDiBLe viewS!!!

Mtn top views of Shenandoah valley. vaulted ceilings, skylights & decks. Kit w/cherry cabinets & Corian counters. Ma suite open to loft. Fin terrace level w/2Brs, lg Frm, full Ba +jacuzzi. MLS# 493772, $300,000. Pam Dent 434.960.0161

HOrSe FarM in KeSwiCK

ten stall barn w/heated tack room, wash racks, hay & grain storage+10 paddocks w/4 board fencing & riding ring-all in excellent condition! a beautiful 5 Br home on 32 acres. MLS# 493950, $1,750,000.

Karyn trumbull, 434.951.7191

va FarMHOUSe w/COMMerCiaL

Home+renovated business building (possible 2nd home) + barn.

Lovely setting with mtn views, near shopping & medical services. MLS# 492140. $339,000. yates nobles, 434.996.0888

GrOttOeS

Charming two story home on quiet street w/sidewalks. rear alley, off street parking. easy commute to w’boro/Staunton/ H’burg. Bring your imagination & tLC! Selling as-is. MLS# 494826, $68,850.

Kyle Olson, 540.649.4131

extenSiveLy renOvateD

Set on 6 park-like acres in w.albemarle, this 4 Br home feat. a Kit w/ granite counters & large center island, new MBr w/private Ba & dual closets, & a great inlaw suite/accessory apt. MLS# 492713, $698,000. rives Bailey, 434.981.2338

OLD traiL viLLaGe

Full of charm! this home, by Peak Builders, will be outstanding in quality and design. 4 Brs, 3.5 Bas.to be built by PeaK BUiLDerS. MLS# 497053, $625,000. andrea Gruber, 434.960.7738

earLySviLLe FOreSt

Charming home w/new water heater, heat pump, all new flooring, kitchen appliances & cabinets, light fixtures, and countertops.

Custom paint,new landscaping & fencing.

MLS# 495758, $249,900. Stephanie Howard, 434.409.0844

Charlottesville: Westfield 434.973.5393 434.973.5393 800.793.5393 800.793.539

We will raise your expectations of a real estate company!

One level living! new Kit w/custom cabinets & new appliances, carpeting & paint. Lg Brs & room for expansion. Det. storage shed w/electricity. easy commute to Charlottesville or nGiC! MLS# 497157, $289,000. Karyn trumbull, 434.989.4847

waLKerS CreeK FarM c.1850

PrivaCy in w. aLBeMarLe

4 Br, 3 Full+2 half Ba home nestled on 3+ acres of mature woodlands in waverly. Bonus rm with built-ins, Oak floors, generator backup, & great schools. MLS# 461096. $710,000. rives Bailey, 434.227.4446

StUnninG Mtn viewS

exqUiSiteLy renOvateD

Picturesque city home w/new kitchen, granite & stainless. Ba’s w/ tile, garage w/apt above. Fam. rms w/FPs, home office w/built-ins, first floor master.

MLS# 493536, $557,000. Steven Braden, 434.760.2959

UniverSity viLLaGe

Beautifully kept 2 Br condo with study on 4th floor facing N/NE with views of city lights & mountains.

MLS# 484703. $279,200. anita Dunbar, 434.951.7135.

New to the Market

New to the Market

ByBee eStateS Beautiful home on 10.21 acres. 1st floor MA Suite, gourmet kit with Cherry cabinetry, & granite. 2 family rooms, 3 FPs. Covered porches, two car garage.

MLS# 497029, $649,000. Glenda Howard, 434.981.0839

On 171 acres in northern rockbridge County. restored in classic farmhouse style with modern amenities. Gorgeous views. MLS# 491398, $950,000. Carter Montague, 434.951.7156

New to the Market

New to the Market

View Our Upcoming Open Houses, Visit MontagueMiller.com!

COUntry view

1.5 story home on FLat, LanDSCaPeD 2 aCre LOt in w.aLBeMarLe. 1st FLOOr MBr, 4 Brs, 2.5 Bas, formal/ informal spaces, spacious deck garden, BLUe riDGe viewS! MLS# 497335, $450,000. Sasha Farmer, 434.242.0459

COzy CaPe in wayneSBOrO

On corner lot w/shade trees & fenced yard. MBr, Ba & utility area on 1st floor. Carpets over hdwds. Recently installed HvaC. Priced for quick sale!

MLS# 61241, $75,000. Mike vest, 540.294.4446

PerFeCt SPOt FOr yOUr HOMe

Open fields, mature hrdwds, Room for horses/small farm. Hardware rvr frontage. Can be purchased w/MLS# 492740, 194 acres, 3 homes-$1,275,000. MLS# 492755, 55.54 acres, $277,500. Pam Dent 960.0161

L A N D O P P O RT U N I T I E S BarBOUrSviLLe

Lovely building site on Burnley Station rd in albemarle County. 2.26+/acres, wooded and private with great potential! MLS# 495330, $90,000.

Karyn trumbull, 434.951.7191

aGneSe St in CHarLOtteSviLLe

Painted inside/out, sparkling windows 3 Br, 2 Ba, eat-in-kitchen w/ pantry, family rm/exercise rm, home office in the lower level + area for a workshop. Lg screened porch. MLS# 495755, $225,000. Shann whited, 434.962.4741

OrCHarD riDGe rD

Gorgeous 2 acre lot nestled at the foot of Bear Den Mtn in Greenwood. Lot 4-level homesite surrounded by hrdwd trees and bordered on one side by Stony run. MLS# 494917, $239,000. Carter Montague, 434.951.7156

Charlottesville: Downtown 434.227.4444 866.435.9764

LaKe neLSOn

two 1/4 acre lots sold together as 1/2 acre total parcel. Great affordable opportunity for 1st time buyer or weekend/holiday retreat. MLS# 469052, $15,000. trish Owens, 434-825-5393

8.17 aCreS - tOP OF CaLF Mtn

woods Gap/Jarmans Gap rd. views east/west. Several homesites. Corners marked/survey complete. Property sides Shenandoah nat’l park next to trail.

MLS# 489798. $79,900. Doug Burke, 434.951.7122

OLD traiL

9’ ceilings, 2 car garage, Cherry cabinets in kitchen, oak floors, period tile work.

Other floor plans are available starting at $290,000. Built by PeaK BUiLDerS. MLS# 497189, $395,000. andrea Gruber, 434.981.0839

LaKe MOntiCeLLO

Brilliant value! Bathed in natural light, vaulted ceilings, new carpeting, spacious MBr w/ Jacuzzi, stone FP, gas logs, Palladio window, 2-car garage.

Fenced backyard. MLS# 490308, $179,900. alice Fitch, 434.981.4562

aLBeMarLe BUnGaLOw

Renovated w/laminate floors, new carpet & vinyl, repainted. replacement windows, new shingles on main roof.

One level living w/2 Br, eat-in kit-, Lr, Fr, laundry. MLS# 494418, $100,000 Pam Dent, 434.960.0161

Home

Concierge Services

434.951.7161 office

concierg@montaguemiller.com We’ll find you a perfect fit for all of your home repair and remodeling projects!

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

93

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I s s u e 21 - 13 | m a r c h 2 9 - a p r i l 4 , 2 0 1 2

THE LAND OFFICE Land, Farms & Fine Estate Properties

www.landofc.com

CLASSIFIED

Home

SaleS S t a t S For The week endinG 3-16-12

There were

34 sales

Jim Bonner (434) 951-5102 (24 hours) Roy Wheeler Realty Co.

M A R K E T P L A C E

HOMES FOR SALE 1106 Grady

pRESTON hghTS | chARLOTTESVILLE $195,000 $123 per fin. square foot On market for 91 days

in the seven-county area.

â&#x20AC;˘ Fifteen were in albemarle with an average price of $384,034

â&#x20AC;˘ Three were in Greene with an average price of $196,667

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

â&#x20AC;˘ Two were in louisa with an average price of $251,500

3580 bybees ChurCh road LOVINg AcRES | FLuVANNA $295,000 $102 per fin. square foot On market for 270 days

15

Albemarle 240

64

Orange

8 20

33

Gordonsville

Louisa

22

Charlottesville

53

20

Scottsville 6

15

231

250

29

Nelson

29

Crozet

151

6

15

33

15

64

Fluvanna 6

6

250

2

Sample

Sales:

70 rusTlinG oaks road cROSS cREEK | gREENE $170,000 $106 per fin. square foot On market for 20 days

local Government Information CiTy oF CharloTTesville www.charlottesville.org real estate tax rate: $.95 per $100 of assessment albemarle CounTy www.albemarle.org real estate tax rate: $.742 per $100 of assessment Fluvanna CounTy www.co.fluvanna.va.us real estate tax rate: $.54 per $100 of assessment Greene CounTy www.gcva.us real estate tax rate: $.69 cents per $100 of assessment louisa CounTy www.louisacounty.com real estate tax rate: $.62 per $100 of assessment madison CounTy www.madisonco.virginia.gov real estate tax rate: $.44 cents per $100 of assessment

4315 beaver Creek road EARLYSVILLE FOREST | ALbEmARLE $270,000 $172 per fin. square foot On market for 6 days

WAYNESBORO â&#x20AC;&#x201C; Just a short drive from Charlottesville.

Several new homes available: spacious 2-story and adorable ranch. Starting at $189,900 and owner will finance. Call 540-487-0482.

SPACIOUS & OPEN â&#x20AC;&#x201C; Brand new 1,600 sq ft home in a new neighborhood in Augusta County.

Sidewalks & lots of open space. $214,900. Owner will finance. Call Beth, Valley Real Estate Brokers, 540-241-5986.

BEST LOCATION â&#x20AC;&#x201C; BEST VIEW â&#x20AC;&#x201C; Charming NEW Victorian 2-story in Augusta County with over 2000 ft. 3 bedrooms, lots of living spaces, great porches & 2-car garage. Sidewalks & street lights. 1 minute to restaurants, churches & grocery. $309,900 and owner will finance. 540-487-0480.

(Note: Real estate tax information gathered from local government Web sites and is believed but not guaranteed to be accurate as of publication date. Towns may assess real estate taxes in addition to those charged by each county.)

Madison 33

See them all at www.homesofc.com Jim Bonner (434) 951-5102 (24 hours) Roy Wheeler Realty Co.

â&#x20AC;˘ six were in Fluvanna with an average price of $197,667

Greene

(Bank owned properties)

OWNER FINANCING â&#x20AC;&#x201C; Spacious 2-bedroom condo with garage in Augusta County. No steps, no outside maintenance, excellent owner financing. Only one available. $211,900. Call or Text: 540-487-0480.

â&#x20AC;˘ eight were in Charlottesville with an average price of $274,125

1

FORECLOSURES

nelson CounTy www.nelsoncounty.com real estate tax rate: $.55 per $100 of assessment oranGe CounTy http://orangecountyva.gov real estate tax rate: $.47 cents per $100 of assessment

commercial space DOWNTOWN STORAGE 1,000 square feet of secure, conditioned storage space in the Bank of America building on the downtown mall.

Includes access to dock-high loading area on Water Street. $5 psf or $416 per month.

Email if interested: bill@c-ville.com No phone calls, please.

LOTS & ACREAGE OK FOR MOBILE HOME â&#x20AC;&#x201C; 2 acres of woods. Paved state road frontage. Just off Rt. 60 in Nelson County. Only $35,900 with easy financing. 434-444-5088.

HOMESTEADER WANTED to reclaim 6 acres of wilderness on Carter Creek in Nelson County. Mobile home welcome. $39,900.

Easy owner financing â&#x20AC;&#x201C; Nothing down. 434444-5088.

for rent GREAT SELECTION of homes and apartments just a short drive west in Waynesboro and Augusta County. Check out our website for current availability: www.ValleyRent.com or call 540-886-6155.

Our Classifieds are Sweet!

Call us at (434) 817-9330 to place your ad!

4 , 2 0 1 2 | I s s u e 21 - 13

Real Estate Weekly

CAAR

Search our comprehensive database and download m a rbrochures c h 2 at 9 - april

38

4(%

Staff:

!$6%24)3).'

Beth Wood ADS CAAR COM

Julian Belvedere JULIAN CAAR COM

%$)4/2)!, #//2$).!4/2 Joanne DiMaggio JOANNEDIMAGGIO EMBARQMAIL COM !24 $)2%#4/2 Tracy Federico TRACYF CAAR COM

The REAL ESTATE WEEKLY is published weekly by the CAAR Real Estate Weekly, Inc., a wholly owned subsidiary of the Charlottesville Area Association of RealtoRsÂŽ, Inc. Copyright All rights reserved. Reproduction in whole or in part without permission of the publisher is strictly prohibited.

All advertising published in the REAL ESTATE WEEKLY is believed to be truthful and accurate. No advertising will be published in the Real Estate Weekly if it is known to be inaccurate or untruthful, but this publication does not warrant, nor is it liable for, the accuracy or truthfulness of the advertising placed within this publication. Neither the CAAR Real Estate Weekly, Inc., nor its corporate parent, the Charlottesville Area Association of RealtoRsÂŽ, Inc., assume any responsibility and shall have no liability whatsoever for errors, including without limitation, typographical errors or omissions in the REAL ESTATE WEEKLY. Any reference made to the CAAR Real Estate Weekly, Inc. or the Charlottesville Area Association of RealtoRsÂŽ, Inc. is not to be construed as making any representation, warranty, or guarantee by the corporations concerning the information on properties advertised in the REAL ESTATE WEEKLY. The content of all ads contained herein are solely the responsibility of the advertiser. The opinions and statements contained in advertising or elsewhere in this publication are those of the authors of such opinions and are not necessarily those of the CAAR Real Estate Weekly, Inc., or the Charlottesville Area Association of RealtoRsÂŽ. the CAAR Real Estate Weekly, Inc. reserves the right to edit or refuse any advertising it deems inappropriate or misleading. No advertising will be published in the Real Estate Weekly if it is known to be inaccurate or untruthful. Every effort has been made to assure accuracy, but this publication does not warrant, nor is it liable for the advertising placed within this publication. This publication will not accept advertising that refers to or attempts to establish fees or rates of commissions charged for services rendered.

Information on advertising placement may be obtained by calling 434-817-9330.

All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise â&#x20AC;&#x153;any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination.â&#x20AC;? Virginia Fair Housing Law also makes it illegal to discriminate because of elderliness (age 55 and over).

We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

CAAR Real Estate Weekly )S PRINTED ON RECYCLED PAPER 308 E. East Main Street Charlottesville, VA 22902 Tel.: 434-817-9330 â&#x20AC;˘ FAX: 434-817-2714 e-mail: ads@caar.com Send your news and/or press releases to rewpr@caar.com

39

I s s u e 21 - 13 | m a r c h 2 9 - a p r i l 4 , 2 0 1 2

Sloan Milby real estate partners

m l s 4 9 6 8 51

Priced from $259,000

Claremont at Carriage Hill

• Luxury 1,2 & 3 bedroom condominiums • Close to the new Martha Jefferson Hospital • Many amenities including pool & fitness center • Garage units available • Priced from $157,900

Claremontatcarriagehill.com

M e l b o u r n e Pa r k

mls 496704

• Like New, 3 bedroom 2.5 bath townhome • Bright open spaces, upgraded interior finishes • Hardwood floors, granite tops, gas fireplace • 1 mile from Downtown

$289,000

• Coveted UVA Location! A Rare Offering • Classic 1935 Brick Traditional w/4+ bedrooms • Detached Garage w/1 Bedroom Apartment • Beautiful 0.44 acre lot w/ brick terrace

Preston Place

mls 497120

• Well-maintained 2 bedroom condo • 9ft ceilings, stainless appliances, large bedrooms • Clubhouse with pool & fitness center, plus parking.

Wa l k e r S q u a r e

m l s 4 9 7 3 51

$224,900 • Located blocks from Historic Downtown • Pine floors, formal moldings, high ceilings • Fabulous front and side porches • Basement apt., Extra income!

Nalle Street

m l s 4 9 2 4 91

$349,000 • Charming 3BR, 2BA Bungalow in Belmont

• Detached home in close-in neighborhood on corner lot • 2200+sq.ft., quality finishes incl. built-ins, 4BR/3.5BA

• Hardwood flrs, moldings, master bedroom addition

• French doors lead to a large deck with mountain views

• Large deck & fenced backyard, perfect for entertaining

B ro o k wo o d

m l s 4 9 5 410

$ 6 75 , 0 0 0

B e l m o n t

$309,000

m l s 4 9 575 6

43 4-220-5656 • sloanmilby.com

$279,000

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

McGinnis Row

• Stylish Urban Inspired Rowhomes with Garages • Modern Interior Finishes, Roof Top Terraces • A short walk to UVA Campus, Hospital and Downtown

paint & decorating

ANNIVERSARY