Real Estate Weekly 7.5.2012 by The Real Estate Weekly

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Real Estate Weekly www.cAAr.com

CAAR

vol. 21 no. 27 n july 5 - july 11, 2012

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

Difference between bAnks & credit unions

Local Theater Presents Rich and Varied Fare By Ken Wilson

Tracie Thomason as Portia in The Merchant of Venice at the American Shakespeare Center

j u l y 5 - j u l y 1 1 , 2 0 1 2 | I s s u e 21 - 2 7

A Virginia Tradition Since 1927

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

www.RoyWheeler.com

THIS MAINTENANCE-FREE HOME has been recently painted, with new carpet in several rooms & 2 new bathroom vanities. Master on both 1st & 2nd floors. Open kitchen w/dining area and 2 additional BRs. Full unfin. basement can easily be finished for additional space. Lovely yard offers great views of the mountains. $249,000. Sharon L. Williams, 434-9065069. (500496)

EVERY POSSIBLE UPGRADE in this Arts & Crafts home with 1st & two 2nd floor masters, fabulous kitchen & unfin. basement for add’l living space. Washer/Dryer on each level. Distributed audio system & surround sound speakers throughout. Large deck overlooks treed, quiet area behind home. $529,900. www.DeniseRamey.com Denise Ramey 434-9604333. (500611)

IMMACULATE TOWNHOUSE with many recent improvements: new roof, trim/gutters, ceramic tile in all baths, new carpet throughout, tile surround shower, all appliances including W/D. Wood-burning FP and private deck. HOA includes trash, exterior maintenance, playground and cable. $144,900. susanstewart76@gmail.com Susan Stewart 434-2423550. (499830)

HUNTING PROPERTY of over 32 acres with 1300 feet of water frontage. 4 wheeler trails, pasture land, man cave and (2) 3000 square foot buildings. So many possibilities! The river is suitable for fishing and canoeing. Must see! $169,999. susanstewart76@gmail. com Susan Stewart 242-3550. (492100)

ONE OF THE BEST lots left in Malvern of Madison. Enjoy the many features of this private community including the 15 acre lake for swimming, boating & fishing. Enjoy an outdoor pool, walking trails and versatile clubhouse surrounded by a view of the lake and mountains. Perc approved, small stream at back of property. $75,000. Ginny Barefoot, 5317864. (480108)

VIEWS OF MOUNTAINS, farmland and pond are visible from this home. Many upgrades have been added to this 2 bedroom, 2 bath home. Wonderful outdoor areas can be enjoyed from the covered front porch and the rear patio with fireplace. And so close to shopping. $298,500. Matthew@RoyWheeler.com 960-5187. (498618)

LOVELY CONTEMPORARY in well-established neighborhood, minutes from downtown! 1st floor master, stainless appliances, dining area opens to living room with cathedral ceiling & brick FP. Upstairs offers 2nd BR, 3rd BR is a large loft. Mountain views, walking paths and conveniently close to shopping & schools! $220,000. Anne Lasley Mykich, 9539996/9857561. (500123)

25 ACRES of beautiful rolling land on Route 6. Huge fields, barn, apartment. Main house in need of repair. A spring creates pond potential. Two wells. Two thousand feet of road frontage and division rights available. $375,000. Mandy Yancey, 760-1882. (500087)

KESWICK. Beautiful level building site conveniently located at the intersection of Route 250 (Richmond Road) and Route 616 (Black Cat Road). Only 15 minutes from downtown Charlottesville! $69,000. Rick Reed, 409-2745. (500276)

GORDONSVILLE. Move-in condition three bedroom ranch on a level lot in Confederate Manor. Features include a screened porch, paved driveway, no-step accessibility and new fixtures. Priced below assessment. Home Buyer’s Warranty offered. $199,900. Lucy Watkins, 962-5829. (499928)

DIVERSIFY YOUR PORTFOLIO. Large woodland tract of 652 acres with access to the James River in Nelson County. Excellent wildlife habitat, growing timber, miles and miles of internal roads and trails. Offered for less than $1,800 per acre. Only $1,150,000. www.landofc.com Jim Bonner, 951-5102. (500388)

LOVINGLY-UPDATED HOME, 1st time on the market. New everything: windows, fixtures, deck, carpet, ceramic, bamboo, toilets, tubs, vanities, countertops, cook top, oven & more!! Come see this ready to move in home in popular Woodbrook. Large corner lot conveniently located. $259,900. www.DeniseRamey.com Denise Ramey 434-960-4333. (490967)

FLUVANNA’S ONLY retirement community for the young at heart. First floor master, stainless steel appliances, cathedral ceilings, sunroom, garage and over 3000 square feet finished. Low monthly fees, maintenance, pool and more. $244,900. susanstewart76@gmail. com Susan Stewart 434-242-3550. (496635)

REFRESHED! LIKE NEW! Ready to move in gem! Immaculate model has 3 finished floors. Fully finished terrace level can be used for office, den or guest quarters. Spacious kitchen w/pantry, new HVAC, appliances and flooring. Wonderful opportunity to own a home with minimal maintenance, no yard work. Near downtown and PVCC. $210,000. Nancy Barrett, 8253279. (492974)

MODERN POST & BEAM home up amongst the trees overlooking an incredible view. 11.5 acres, mostly wooded, with several acres of flat bottomland pasture alongside the Roach River. With an upscale B&B for neighbors on one side, a large estate on the other, and the view across the river in conservation easement, this is truly a protected spot. $395,000. Peter Lee 951-5142/960-6486. (498889)

PR IC E

GORGEOUS MTN. VIEWS in this like new home w/double front porches, finished basement w/ half bath, huge FR & kitchen w/granite counters, stainless appliances, maple cabinets, hardwood floors & more! Conveniently located in Pantops area w/excellent I-64 access, shopping, & health care nearby. $319,000. www. DeniseRamey.com Denise Ramey 434-9604333. (496966)

NE W

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

Email: homes@roywheeler.com

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

I s s u e 21 - 2 7 | j u l y 5 - j u l y 1 1 , 2 0 1 2

A Virginia Tradition Since 1927

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

Email: homes@roywheeler.com

www.RoyWheeler.com

COME ENJOY the country. A portion of the 2.89 acres is split by Shepherds Hill Road but leaves almost 2 acres for your dream home. $57,700. Kathy Markwood 9856454/996-6734. (495615)

INSTANT INCOME! Duplex on a 1 acre lot on Main Street in Waynesboro. Long term tenants in place. Opportunity to build additional units or zone for business use. Tenants pay utilities and lawn care/snow removal. $125,000. Michele Sheffield 906-2923/9515188. (492545)

BRICK, POST & BEAM nestled on 8.7 acres in sought after Shadwell Mountain. Gorgeous beams and flooring, generous kitchen with floor to ceiling cabinetry, vaulted great room with stone FP and the basement has family room, bedroom, bath plus outside entrance. This estate has it all, lush grounds for horses, pool, and just minutes to UVa. $759,000. Sharon Wood, 242-6847. (497574)

VERY PRIVATE building site of 42 acres with beautiful mountain views in western Albemarle nearby land in conservation easement. Suitable for two dwellings but may not be further divided. Additional land available. $849,000. Ginger Ashcom, 978-1066. (487373)

BEAUTIFUL LEVEL LOT to build your dream home! Live in a rural/natural setting close to town. Lot has open area where a house once stood, and private woods in the back section, which is adjacent to conservation land owned by the Thomas Jefferson Foundation. Only 10 minutes to Pantops. $99,000. Nancy Barrett, 825-3279. (492651)

WHAT A VIEW! From this lot you get a big view of the Blue Ridge. Sunset on one side and sun up on the other. Premium Indian Springs lot, nice trees and a great building site for maximum views. Well and septic approved. $425,000. Jane Porter Fogleman Jane@foglemangroup.com 9811274 or Claiborne Redd Fogleman Claiborne@ foglemangroup.com (492549)

MINUTES TO LAW/B-SCHOOL. Several condos available. Just a five-minute walk to the Barracks Road Shopping Center and a two-minute car ride to the Law School and the Darden Business School. Strong leasing history, excellent swimming pool and community laundry facility. Offered at $72,500. Contact the Chase Team www.TheChaseTeam.com 296-9860.

DUNGANNON c. 1898. Spectacular 475acre 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. www.landofc. com Jim Bonner, 951-5102. (493096)

JORDAN RUN FARM. The newest addition to the Farms of Turkey Run located on Lot #9. This 5200 square foot Greek revival brick residence with full walkout lower level and wine cellar is situated on a 21 acre rolling pasture that is partially wooded, very private and has stream frontage. $995,000. www.landofc.com Jim Bonner, 951-5102. (493398)

KESWICK ESTATES. Incredible 4.57 acres (two adjoining lots) of beautiful elevated, hardwood forest privately situated and quietly tucked at the end of a cul-de-sac on the grounds of the grand Keswick Estate. Priced under cost and under assessment at $695,000. www.landofc.com Jim Bonner, 951-5102. (496155)

MISTY RIVER FARM. Leave your worries behind. Extraordinary 106+ acre riverfront estate and horse farm. Beautifully crafted by Abrahamse in 2000 of the finest materials featuring a dramatic open floor plan. Indoor and outdoor fireplaces, wine cellar, pool/pool house, fabulous barn and 4 acre lake. $2,450,000. www.landofc.com Jim Bonner, 951-5102. (493735)

BUILDING PARCEL AT KESWICK. A wonderful building lot of 4.2 +/- acres with water frontage on idyllic pond. Beautiful hardwoods. New road, well, survey, soil work. Bring the builder of your choice to build your dream home! Subject Lot #2 is part of a five lot subdivision in the heart of Keswick. $159,000. www.landofc. com Jim Bonner, 951-5102. (444215)

SEVEN OAKS. Beautiful home on 8 acres nestled in the woods near the heart of Keswick. Private 5 bedroom, 3 bath home with separate apartment. Heart pine floors, privacy and in excellent condition with barn/board fencing. Priced to sell now at $520,000. www.landofc. com Jim Bonner, 951-5102. (498120)

TO mI TONuT W ES N

AVENTADOR. Spectacular Albemarle estate overlooking a 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. www.landofc.com Jim Bonner, 951-5102. (493869)

IMAGINE 80 acres so close to town. Majestic and graceful brick Georgian, built in 1976, on an elevated plateau above Ivy Creek. Easily divided into two estates. In-ground pool, two car garage and location, location, location. $2,450,000. www.landofc.com Jim Bonner, 951-5102. (489444)

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

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

SHWA OP LK PI TO NG

ATTRACTIVE 21 ACRE PARCEL in the White Hall area of Albemarle County on Garth Road about 12 minutes from Barracks Road Shopping Center. Several home sites. Plenty of pasture and a perennial stream runs along the southern boundary. $548,000. Ginger Ashcom 978-1066/953-8045. (491691) Additional acreage available.

j u l y 5 - j u l y 1 1 , 2 0 1 2 | I s s u e 21 - 2 7

A Virginia Tradition Since 1927

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

www.RoyWheeler.com

RE PR du IC CE E d

Email: homes@roywheeler.com

BUILDER REDUCING INVENTORY. Nearly 4 acres, Langdon Woods lot 5 enjoys privacy and a little stream that traverses on the rear of the property. Perked for a 4 bedroom home and well is already in place. Reduced to $195,000. www.MaupinGroup.com Warren Maupin, 962-8939. (425792)

HIGHLY DESIRABLE neighborhood across from Meriwether Lewis Elementary. Great open floor plan, living room, dining room and large kitchen. 2 family rooms, large deck with pergola and seating which looks out onto a nearly level backyard. Hardwood and ceramic floors with a large 2 car garage. $479,000. Tom Noelke, 7708902. (481516)

SLOPESIDE! Tyro ski-in – ski/out detached home! A rare offering. This home has been completely renovated. New Hardi-plank siding, windows, roof, hickory cabinets, granite counters, appliances, AC/Heat system, bathrooms, flooring, ALL new! $549,000. Christy and Rod Phillips, 434-987-6399. (495030)

INGLECRESS BUILDING PARCEL. Great location, wonderful neighborhood and mountain views…this 4+/- acre lot has it all. A beautiful home site on one of the premier parcels in Inglecress. See both the sun rise from the east and set over the majestic Blue Ridge Mountain to the west. Minutes from UVa and world-class golf. $375,000. Frank Quayle, 951-5100. (492471)

PLEASANT HILL. An architectural gem! This all brick Virginia farmhouse, c. 1821 is in meticulous condition. The 4000 finished square feet includes five fireplaces, four bedrooms, four full and 1 half baths. Located on 55 acres with great mountain views. No better value at $1,365,000. Frank Quayle, 951-5100. www.FJQiii@aol.com (498460)

TRANQUIL. Spectacular Blue Ridge Mountain views from every room in this lovely light-filled home. Set on a knoll with 8.5 acres of gently rolling land, the home’s open floor plan with a first floor master lends itself to one level living. The deck, screened-in porch and pool offer indoor/outdoor entertaining spaces. $885,000. Frank Quayle, 9515100. www.FJQiii@aol.com (498263)

GLEN MARY. Gated community, excellent mountain views from pastoral valley. Conveniently located midway between resort facilities in Wintergreen mountaintop and Stoney Creek Village. 3+ to 8+ acre lots starting at $125,900. www.DeniseRamey.com Denise Ramey 434-960-4333. (476339)

SWEET COUNTRY COTTAGE. Very private and quiet area. This is a home from Better Living. Recently painted on the outside, new wood flooring in the LR, new carpeting in all bedrooms and new roof in 2005. Full basement is large enough for an apartment. Beautiful landscaping, almost 3 acres. This is an extraordinary price! $165,000. Kay Sands 825-6129. (497025)

GREAT DEAL on residential building lot. Use your builder or choose from many plans from Southern Development Homes. Soil and perc information available. Call today! $49,000. susanstewart76@gmail.com Susan Stewart 434242-3550. (497936)

FOX GLENN. Beautiful 3BR/2.5BA home with garden tub, great room, deck, garage and so much more. This brand new home can be yours with little to no money down. Many other lots/floor plans available and other subdivisions as well. Call for more details and to find out how you can own a home for less than what you pay in rent. susanstewart76@gmail.com Susan Stewart 434-242-3550.

OWN A BETTER BUILT HOME by Southern Development Homes. Beautiful Colonial-style plan with four bedrooms, study, wrap around porch, full basement and premium features. Lots also available in nice neighborhood. $289,900. susanstewart76@gmail.com Susan Stewart 434242-3550. (497935)

SOUTH RIVER MEADOWS. Gorgeous 12 acre building parcel located in close proximity to NGIC and Charlottesville. Parcel enjoys a sweeping view of the Blue Ridge Mountains, has large mature hardwoods and has river access along the South River. $298,500. stevew@virginiafineproperties.com Steve White, 9515112. (457017)

ONE OF GREENE County’s newest communities offer lots from 2 to 6 acres. Protected by towering hardwoods, farms and views of the Blue Ridge Mtns. Enjoy feeling worlds apart yet only minutes from shopping and No. Albemarle County. Prices range from $125,000 to $166,000. Pick yours today! Matthew@RoyWheeler.com 960-5187. (470909)

TRULY IMPRESSIVE HOME in Hancock Farms. Over 3100 finished sq. ft., formal rooms, 1st floor master, large great room, screened porch. Marvelous patio with fire pit, 3 additional bedrooms, 3.5 baths and unfinished basement. On 2.5 acres with 2 car garage and so much more. $489,000. Matthew@ RoyWheeler.com 960-5187. (494938)

DELIGHTFUL COTTAGE with walk out unfinished basement on 4.3 acres. Cathedral ceiling, gas log fireplace. Very bright and open 3BR/2BA. Master bath with double vanities, whirlpool tub and separate shower. Screened porch, large deck, fenced yard. Very private and peaceful. $198,500. Byrd Abbott, 242-9600. (497063)

$1 80 PR ,0 ICE 00 S & uP

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

N CO EL uN SO Ty N

WATER VIEWS in Indian Springs. Lot 53 boasts 2.51 acres and adjoins the 25+ acre common area with community lake. Perked for a 4 BR home and the well is already in place. Offered for $157,000. www.MaupinGroup.com Warren Maupin, 962-8939. (438491)

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

I s s u e 21 - 2 7 | j u l y 5 - j u l y 1 1 , 2 0 1 2 www.cAAr.com

CAAR

0 2

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

Inside:

Residential BRokeRs Difference between bAnks & credit unions

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Local Theater

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Difference between BaNks & Credit UNioNs By RogeR A. VARneR, ii

Next Week:

Madison County Provides Quiet Lifestyle

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

By Ken Wilson

PAGE

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Over $13 Million Sold in 2010 Native of Charlottesville with over 25 years of local Real Estate Experience. Hall Of Fame

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

feature Local Theater Presents Rich and Varied Fare ......................... 10 By Ken Wilson

Home finance

Difference between Banks and Credit Unions ............................. 20 By RogeR A. VARneR, ii

Home Sales Stats .............................. 18

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CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

Whatâ&#x20AC;&#x2122;s

FREE

Real Estate Weekly

vol. 21 no. 27 n july 5 - july 11, 2012

j u l y 5 - j u l y 1 1 , 2 0 1 2 | I s s u e 21 - 2 7

Open Houses

open

sunday

8 j u ly

house

quick search j u l y

saturday

j u ly

7 2 0 12

Albemarle 1080 OLD TRAIL DR OLD TRAIL ATH MLS# 494797 $299,900

j u l y

2 0 12

3 PENDOWER LN GLENMORE PDT MLS# 495984 $519,900 646 BAYWICK CIR OLD TRAIL ATH MLS# 491033 $649,900 1119 CAMBRIDGE HILL LN GLENMORE PDT MLS# 498157 $826,825

charlottesville 102 LONGWOOD DR LONGWOOD ATH MLS# 484693 $239,900

Albemarle 1052 GLENWOOD STATION LN GLENWOOD STATION CND MLS# 493215 $196,000 408 BERWICK CT WESTMORELAND DET MLS# 500904 $274,900 1080 OLD TRAIL DR OLD TRAIL ATH MLS# 494797 $299,900 2099 AVINITY LOOP AVINITY ATH MLS# 487265 $299,900 2084 AVINITY LOOP AVINITY ATH MLS# 492260 $309,900

2084 AVINITY LOOP AVINITY ATH MLS# 492260 $309,900

louisa

209 SURREY RD CANTERBURY HILLS DET MLS# 496683 $318,000

5623 UPLAND DR OLD TRAIL ATH MLS# 484463 $385,700

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

5623 UPLAND DR OLD TRAIL ATH MLS# 484463 $385,700

1890 TAYLORS GAP RD NONE DET MLS# 495462 $489,900

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

3 PENDOWER LN GLENMORE PDT MLS# 495984 $519,900

Goochland

3380 DARBY RD GLENMORE DET MLS# 495378 $609,000 646 BAYWICK CIR OLD TRAIL ATH MLS# 491033 $649,900 1119 CAMBRIDGE HILL LN GLENMORE PDT MLS# 498157 $826,825

4089 CEDAR PLAINS RD NONE DET MLS# 500714 $139,900

greene 212 WEXFORD RIDGE RD WEXFORD DET MLS# 492872 $394,900

louisa

765 SUMMIT RIDGE PT ASHCROFT DET MLS# 492893 $1,399,000

121 FOXMOOR RD MOUNTAIN BROOK DET MLS# 498268 $359,400

charlottesville

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

102 LONGWOOD DR LONGWOOD ATH MLS# 484693 $248,900 428 5TH ST NONE MLS# 496820

DET $195,000

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

nelson 170 ROSEWOOD DR STONEY CREEK ATH MLS# 489621 $409,900

All information deemed accurate as of 10:30 a.m. Tuesday, July 3rd 2012 as per CAAR MLS Open House data.

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

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

I s s u e 21 - 2 7 | j u l y 5 - j u l y 1 1 , 2 0 1 2

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

www.RoyWheeler.com

OPEN HOUSES Sunday, july 8th

4089 Cedar Plains road

1890 Taylors GaP road

2041 ridGeToP drive

THIS IS A GREAT 1st time homebuyer‚Äôs house. Bright rooms with large, comfortable eat-in kitchen. 2.82 acres of open space, 1500 ft. of invisible underground wire (heavy gauge) for pet fence, master bedroom w/2 walk-in closets. 12 x 12 deck for grilling and entertaining. 10 x 16 storage shed. $139,900.

LOVELY 5BR HOME on 3+ level acres & incredible mtn. views. 1st floor master w/newly updated bath, adjacent spa room w/sunken hot tub opening onto large deck. large kitchen w/new granite, new fixtures, tons of cabinet space & access to screened back porch. Home office, great rec room/ full bath. $489,900.

AT THE TOP OF MOSBY MOUNTAIN! 5 bedroom home - including 1st & 2nd floor master suites, recently added morning room & expanded deck to enjoy views of Carters Mountain, a large, light filled walk-out basement are just some of the many Wadebuilt home features. $524,900.

Directions: I-64E to hadensville exit #152; R on Old F’burg Rd. 0.6 mi, R on 250, 1st l Old F’burg Rd, Continue to l on three Chopt Road, R on Forest Grove, l on Cedar Plains, house on R behind church.

Directions: 29 South 7 miles from I64. take a right on Rt.710(taylor’s Gap Rd.) house is on left 1.2 miles. From 64 West exit at Ivy and go south on dick Woods Rd to taylors Gap, turn left. home will be on right side of taylors Gap.

Directions: take 5th St. Extended (becomes) Old Lynchburg Rd. (SR631) To RT @ 1st Mosby Mountain entrance - ambrose Commons dr. lFt on Ridgetop drive.

495 sTaGeCoaCh road

212 Wexford ridGe road

ToWn CenTer in old Trail

ADORABLE 50’S STYLE brick cottage with all of the sweetness of that era-just minutes from the University and the Downtown Mall. Some of the features are: 2 wood burning FP, new roof, screened in porch, large sun room and a newly added front terrace-perfect for grilling. there are plenty of closets and extra storage space. $234,900. Kay Sands 825-6129. (499954) Directions: 5th Street Ext. past I-64 to left on Stagecoach Road to house on left.

WEXFORD COMMUNITY offers stunning views and location with amazing pricing. the Carrington model has a wonderful floor plan with 4BR/3BA and the unfinished basement has endless customizing that can be done; a theatre being one of them! almost completed so call today for an appointment to see this gorgeous home. $394,900.

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.

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. Entrance to Wexford is on left. Right onto Wexford Ridge Rd. lot on right.

Directions: From Charlottesville 250 West to right into Old trail (across from Western albemarle high School).

Time: 1-3 pm Hosting Agent: The Field Team

Bonnie & Joe Field - The Field Team, 589-2611. (500714)

Time: 1-4 pm Hosting Agent: Kay Sands

Time: 1-4 pm Hosting Agent: Christy Phillips

www.DeniseRamey.com Denise Ramey 434-960-4333. (495462)

Time: 1-3 pm Hosting Agent: Matthew Woodson

Matthew Woodson, 960-5187. (492872)

Time: 1-4 pm Hosting Agent: Dan Conquest

Dan Conquest 434-242-8573 dconquest@roywheeler.com (498060)

Mon. - Sat. 10-4, Sun. 1-4 Agent on site

stevew@virginiafineproperties.com Steve White, 951-5112.

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

Email: homes@roywheeler.com

Open Houses

A Virginia Tradition Since 1927

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

news & Views

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HOMES FOR THE

NEWS 6)%73 First-Time CAAR REAL ESTATE WEEKLY

What’s Happening Around Town?

Save Your Green: Only Chance to Earn 12 Elective CE Hours for FREE Register for July 12 – 13 Sustainability Training to Become ‘Earth Advantage Broker’ Home energy performance and green construction or retrofits have become mainstream in Charlottesville and the surrounding areas. To bolster the REALTOR® community’s understanding of how to incorporate it into daily business practices, a two-day Sustainability Training for Accredited Real Estate Professionals will be held at 9 am - 4 pm on July 12 -13 at CAAR. STAR gives REALTORS® the knowledge and skills to communicate with clients about, and promote, the value and benefits of a new or remodeled eco-friendly home. Attendees will learn how to: • Distinguish themselves in the marketplace with green home knowledge and marketing skills. • Describe basic green home features and trends. • Communicate effectively about green building concepts. • Articulate the value of the Energy Performance Score and recommended energy upgrades for homeowners. Home Energy Rating System and Home Energy Score also will be discussed. • Identify the differences among leading third-party green home certification programs. • Tailor their marketing message to clients who have varying green values. This course is free to all REALTORS®. More details and registration through Earth Advantage Institute is available here: http:// www.earthadvantage.org/educationevents/certification/star/.

2012 Wintergreen Summer Music Festival Innovation 2012 This year, from July 6 through August 5, the Wintergreen Summer Music Festival will focus on INNOVATION with events and performances that include music, dance, theatre,

film, food, wine and the visual arts. For as long as human beings have inhabited the planet, there have been innovators...people who move us in new directions. Living innovators will be celebrated, but the emphasis will be on innovation during the past 1,000 years. As always, there will be the familiar and the unfamiliar. There will be something for everyone, including orchestra concerts, jazz performances, seminars, kids programming, cooking classes, nature-related events and so much more!

Home Buyer HOMES

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UN D ER

Hollymead Square 1, 2, & 3 bedroom homes perfect for first-time homebuyers or investors. Great location between Forest Lakes North and South. Prices start at $129,000. www.CharlottesvilleMoves.com (434) 296-0007

Affinity Group 1770 Timberwood Blvd. Suite 101 • Charlottesville, VA 22911

LAND, Lots, & Acreage BUILDING LOTS FOR SALE Splendid opportunities in Western Albemarle County and Northern Nelson County, Virginia Beautiful mountain views, private and serene •Protected rural community •Regular ground maintenance •Utilities in place •Private roads •Close to shopping •Perfect for custom home or mountain retreat

www.jeffersonland.net

Homes in every The Festival is held at Wintergreen Resort and other Central Virginia locations with more than 200 events in 31 days. Tickets range in price from $10-$50 (prices vary by event and many events are free)

For Price Sale Range! 5406 Union Mission Lane CRoZeT - FoR saLe BY oWneR

Phone: (434) 325-8292 or visit: www.wintergreenperformingarts.org Email: info@wintergreenperformingarts.org

GOT NEWS?

Email your news related stuff to

editorrew @gmail.com

434.466.4634

Lovely 4 Bedroom, 2.5 Bath Cape Cod on 1/2 acre in the country. Approx 2200 s.f. First Floor Master has 2 skylights. Hardwood floors & brick Fireplace with nice insert. Full bsmt makes a GREAT gameroom. Landscaped patio with water garden. Large garage. BEST VALUE IN CROZET. $204,000!

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Glenwood Station 5 Fabulous Condos in the Perfect Location Convenient to everything Charlottesville has to offer, plus on-site Pool and Fitness Center! Underground Secured Parking Garage. Maintenance free lifestyle. Abundant light throughout. Granite counter tops, hardwood floors, ceramic tile and more! A variety of floor plans available. MLS# 499526, 499528, 499407, 499531 & 499533 $212,000

335 Sienna Lane

177 Village Road Very private setting, yet in a

Major Price Reduction! Ready for new owner! 2990 finished sqft w/5 BR, 4.5 BA, 2-story foyer, family room, dining room, custom kitchen w/breakfast area, finished bonus/game room on 2nd floor AND 3rd floor bedroom suite plus 2-car garage. MLS #490381 $449,900

hardwood and tile floors and lots of charm. Large fenced-in yard with two sheds for equipment or storage. Just minutes into Lovingston and Route 29.

$144,000

REDUCED PRICE!

388 Elk Mountain

86 Rainbow Ridge Breathtaking views await you

Unbelievable Views!

at this immaculate home situated on 3.7 acres. Gorgeous stone fireplace, wood floors in the living, dining and master bedroom suite; vaulted ceilings throughout; and handsomely renovated kitchen (Dacor range/subzero fridge) and baths. Also features a separate guest cottage/studio (816 square feet) with full bath, kitchenette and large deck. Beautifully landscaped with lush perennial gardens and mature trees. $399,900

The views from this mountaintop are unbelievable! OneLevel Living plus full basement.Large Great Rm with Vaulted ceiling, Stone FP w/wood stove insert. View from Mstr Suite Deck will take your breath away! Incredible 6 bay garage/workshop Great location- just 25 minutes to Charlottesville. Basement Rec. Rm, Office/Study, Craft room plus storage. This is a MUST SEE MLS# 500023 $325,000

Ginger Slavic 434-981-0118 - Cell

(800) 361-5155 • (434) 361-2440

www.GingerKnowsRealEstate.com gaslavic@realestateiii.com

www.MountainAreaRealty.com 2788 B Rockfish Valley Highway • Nellysford, VA 22958

BEAUTIFULLY MAINTAINED BRICK HOME

4 BR, 4 BA (One on 1st Floor), Fam Rm, 2 FPs Great Kit w/Lots of Cabinets, Bsmt, Pool/Pool House On 3 Acs & Only 2 Miles Over Reservoir Bridge On Earlysville Rd. MLS# 500547 $589,000

www.charlotteramsey.com

Licensed to Sell Real Estate in the Commonwealth of Virginia

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

434-296-7171

“Personalized Real Estate Service”

PREDDY CREEK CLAssIC!

MARGARET RAMsEY, 434/953-7057

Well Maintained & Fully Updated Main Level W/3 BR, 2 Full BA. Wall to Wall Brick FP Plus Bsmt is Equipped w/Kit, BR, LR, Office & Full BA. Madison Co. MLS# 500382 $179,900

JULIE HOLBROOK, 434/989-4415

MILDRED MORRIs, 434/981-2599

Lots of Space, Corner Lot & Tastefully Updated 4 BR, 2.5 BA, Decorator’s Dream Kitchen LR w/FP, Spacious DR, 2 Car Garage Beautiful Landscaped Lot A Home That Memories Are Made Of! MLS# 499382 $325,000

ONE-LEVEL COUNTRY LIVING AT ITs BEsT!

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 $450,000

MARGARET RAMsEY, 434/953-7057

MADIsON CO WELL TENDED HOME ON 10+ ACs 3 BR, 2 FULL Baths, Eat-in Kit W/Appliances LR w/Blt-in Bkcases. 1500 Sq. Ft. Garage/Wkshop w/Elec Mature Landscaping. Wonderful, Sunny Garden Spot Small Stream at Back of Prop MLS# 499796 $250,000

MARGARET RAMsEY, 434/953-7057

BEAUTIFUL UPDATED PREDDY CREEK HOME In Move in Condition. 4 BR, 3.5 Baths Formal LR & DR. 3,159 Fin Sq. Ft., 419 Unfin Full Walkout Bsmt w/Family Rm & Bonus Rm Lg Landscaped Yard W/Play Area MLS# 498809 $310,000

BEAUTIFUL & PRIVATE sETTING! Close to Both Ruckersville & Hollymead 3 BR, 2 Full BA. All Appliances Convey Full Bsmt. Move-in Ready Condition Heated Wkshop w/Elec & Water 2+ Acs. Back Deck Perfect for Entertaining MLS#500142 $185,000

MARGARET RAMsEY, 434/953-7057

ONE LEVEL LIVING - 3 BR, 2.5 BA

WEsTERN ALBEMARLE

LAND- 32.70 ACs, MADIsON CO. Beautiful, Open & Gently Rolling Parcel 4 Division Rights. MLS# 497405 $300,000 MARGARET RAMsEY, 434/953-7057 LAND - 9.65 AC. BUILDING sITE On Hickory Creek Rd, Nelson Co. Mtn & Pastoral Views Multiple Bldg Sites, 3 BR Perc Test Done MLS# 477747 $139,900 JOHN MIMMs, 434/882-2019

WHAT MORE WOULD YOU WANT? Well Cared For 3 BR Cottage W/Office Hdwd Flrs, Gas Heat, A/C, Basement Fenced Yard on Cul-de-Sac Walk to UVA, Hospital or Ride Bus MLS# 486245 $175,000!

MILDRED MORRIs, 434/981-2599

BLDG LOT - 1.67 ACs, GREENE CO Level Corner Lot MLS# 491841 $45,000 MARGARET RAMsEY, 434/953-7057 LOT – .0.75 ACREs, GREENE CO. Middle River Road MLS# 500700 $5,500 JULIE HOLBROOK, 434/989-4415

UNBELIEVABLE AMT OF sPACE, CONVENIENTLY LAID OUT

Wonderful 4 BR, 2 BA Farmhouse w/Inviting Wrap Around Porch Updated Kitchen w/Energy Efficient Appliances 4,000 Fin Sq Ft. Expansive Mtn Views MLS# 499162 $300,000

MARGARET RAMsEY, 434/953-7057

Spectacular Views of Greene Hills Golf Course & Blue Ridge Mtns. Stunning Hdwd Flrs Throughout Spacious Updated Kitchen. Situated on Nearly 2 Acres Oversized Detached Garage W/Finished 2nd Level Private Swimming Pool w/Pool Hse & Separate Bath. MLS# 498075 $299,000

JULIE HOLBROOK, 434/989-4415

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 $299,000

JULIE HOLBROOK, 434/989-4415

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

neighborhood! This 3 BR, 1.5 BA home has

neighborhoods

364 Findlay Gap Road This handsome 1830 brick, 4 BR, 2 BA farmhouse has been lovingly and tastefully renovated. Hardwood floors throughout the living areas and bedrooms. Gorgeous new kitchen as well as a new bath on the main floor. Full unfinished basement for storage or extra room. Tin roof recently painted. It is sited on almost 25 acres of beautiful pasture and wooded land. Great for horses. Minutes to James River access. $349,000

Feature

Local Theater

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Presents Rich and Varied Fare

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

By Ken Wilson

Perhaps your taste in live theater runs to The Complete Works of William Shakespeare (abridged for an evening’s worth of laughs). Or maybe you’d prefer a musical trip to 1960’s Las Vegas with tributes to Frank, Dean, Sammy and their crooner friends. How about the Brothers Grimm fairytales woven together in Stephen Sondheim’s Into the Woods, or the musical adventures of the Charles M. Schultz’s comic strip Peanuts gang? Shakespeare, Sinatra, Sondheim and Snoopy—they’ll all be on local stages in the coming year, to the delight but not surprise of Central Virginia theater lovers, who are accustomed to such rich and varied fare. Theatrical organizations here range from non-professional community groups that put on plays purely for love of it to an internationally known Shakespearean troupe performing in a re-creation of the Bard’s own theatre. “The theatre scene here is huge, especially for a community of this size,” says Alex Citron, one of ten local theatre enthusiasts who founded the Play On! theatre in 2005. “The area has four year-round community theatres: Play On!, Live Arts, Four County Players and The Hamner Theater. The area boasts no fewer

April 2012 production of “The Wizard of Oz” at Play On! (L to R) Derby Thomas, Aaron Hale and Jack Rakes.

than ten theatre companies—most without permanent homes—which produce from one to four shows per year.” Let’s see a little of what’s playing in the next few months.

Play On! The all-volunteer Play On! company begins its seventh season in Charlottesville’s IX building with a popular parody, The Complete Works

of William Shakespeare (Abridged). Not your grand Shakespearean production, it’s a fast-paced evening of laughs—Hamlet whizzes by in 43 seconds—in which three actors portray dozens of characters, often breaching theater’s so-called fourth wall by directly addressing the audience and making it part of the show. The fun happens September 7-23.

In October, Play On! takes audiences back to Victorian London for the Central Virginia debut of Jekyll & Hyde, a Broadway musical based on the 1886 novella by Robert Louis Stevenson. Stevenson’s celebrated tale of horror, split personality, and doublesided human nature concerns one Dr. Henry Jekyll, a scientist whose unsuccessful attempts at suppressing the evil within him give vent to the murderous Mr. Hyde. The show runs October 6-November 11. Nice and Easy from November 3December 2 will spotlight the talents of Dick Orange, star and producer of two musical revues at Fluvanna County’s Carysbrook Performing Arts Center. A singer in the style of Frank Sinatra, Orange will perform songs by Cole Porter, Rodgers and Hart, Julie Stein and other Great American Songbook composers. He will be accompanied by a jazz quartet led by pianist, Bob Benetta, another longtime area favorite, with special guests the Belle Tones, a trio in the style of the Andrew Sisters. All shows take place in the Play On! space in Charlottesville’s IX building.

Four County Founded in 1973, Barboursville’s Four County Players can boast of being Central Virginia’s longest continuously-operating community theater and “the cultural hub of the community.” “We’ve done big and small productions,” says Four County’s Laura Mawyer. “The way we look at it, every time we do a new production we’re just adding to the family.” Four County opens its 40-year anniversary season with Snoopy: The Musical, a lighthearted family show featuring a team of teen actors playing Charlie Brown, his dog, and his friends. “The voices that these kids have . . .” Mawyer marvels. “They stand up and sing and open their hearts.” Snoopy continues through July 8. In 2009 Four County opened The Cellar, a 50-seat basement theater and bistro intended for more experimental theatrical fare than what it serves upstairs. The first musical to play The Cellar is I Love You, a humorous, gender reversed updating of Jane Austen’s Pride and Prejudice set in modern day New York City. I Love You runs September 7-23. With grant money tough to come by in the current economy, Four County “is actually surviving on ticket sales,” Mawyer says, “which nobody can really believe including us.” On October 12-14 they’ll give themselves a little help with 40 & Fabulous, a one-weekend only fundraising re-

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Feature

“incredibly brilliant” work inspired by Lorraine Hansberry’s A Raisin in the Sun, the 2010 drama set in a middleclass Chicago neighborhood “won the theater world’s Triple crown,” Joslyn says, picking up the Laurence Olivier Award for Best New Play and the Pulitzer Prize for Drama in 2011, and the Tony Award for Best Play in 2012. Clybourne Park is a meditation on race and heritage and culture, but it’s also “an uproarious comedy. We’re thrilled to be the first theater in Virginia to do it.”

“Snoopy: The Musical” (above) and “I Love You” (right) are two productions from the Four County Players in Barboursville.

On August 16-19 comes the third annual edition of Playwright’s Lab Summer Shorts. This year’s show consists of nine brand new plays running from five to fifteen minutes apiece, all by area playwrights, many featuring first-time directors. A total of eighteen actors will take part. New artistic director Julie Hamburg opens her first season and Live Arts’ 22nd with Clybourne Park. An

vue featuring company veterans reprising big Broadway numbers from previous company shows. The theater has a few spots left in its July 9-13 summer camp for rising first to rising ninth-graders. Whether “you have a drama queen at home or if your kid just wants to develop some more confidence, it’s a great place for kids to build their own skill set,” Mawyer says.

Live Arts With its architecturally distinctive, concrete and titanium alloy building on Water Street just off Charlottesville’s Downtown Mall, Live Arts is situated right in the geographic heart of the local arts scene. And it acts

the part, offering classic and cutting edge plays plus stand-up comedy and educational classes and workshops for children, teens, and adults. From July 13-August 4, Live Arts presents a large cast of kids and adults in Hairspray, a Broadway musical based on the John Waters film, a cult favorite. “Hairspray is about inequality in the 50s in the setting of the American Bandstand generation, and beehives and Ultra-Clutch hairspray,” says the theatre’s executive director Matt Joslyn. “It’s nothing but pure fun.” Live Arts will present “Hairspray” and “Clybourne Park” this summer.

Stiff and stuffy Shakespeare productions can ne’er be seen in downtown Staunton, but vividly imagined stagings in Elizabethan-era style take the boards year ‘round, thanks to the American Shakespeare Center. Performed in the 300-seat Blackfriar’s Playhouse, a handsome recreation of the Bard’s own indoor theater, ASC productions observe period conventions: house lights remain up, pacing is brisk, sets are minimal, and costumes indicate class and character. Actors play multiple parts, as many as seven in one show, and while women act as well as men, the occasional gender-bending casting is a nod to the all-male casting of Shakespeare’s day. Productions are given musical, often contemporary, soundtracks. ASC Shakespeare is direct, down-toearth and exciting. Although respectful but not reverent Shakespeare and other classic 17th century plays are its mainstay, ASC sometimes presents more recent work. David Sedaris’ The Santaland Diaries is a December favorite for adult audiences; a rollicking version

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

American Shakespeare Center

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Feature

folks at Bent also offer workshops in improvisation comedy. The next series of classes will begin in the fall.

Earl Hamner Theatre Over in Nellysford, the Hamner Theater is named for Nelson County’s own Earl Hamner, Jr., creator of the 1970’s hit television series, The Waltons. Soon to begin its eighth season, the Hamner produces up to five plays a year. Where Chaos Sleeps, a new work about the troubled life of Renaissance madrigal composer Carlo Gesualdo, will run July 31-August 4. Agate Hill to Appomattox, a compilation of three Civil War narratives, will follow August 10-11. The Hamner’s ongoing Virginia Playwrights and Screenwriters Initiative gives writers the opportunity to work with directors, dramaturges and actors to shape and perfect new material for stage and screen. The work in progress is then presented free to the public in staged readings, followed by open discussions that provide the writers with invaluable feedback. The theatre also holds Monday evening improv sessions that are free and open to experienced actors and first-timers alike.

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

“The Lion in Winter” (above) and “The Two Gentleman of Verona” (right) are two productions coming to the American Shakespeare Center in Staunton. Photos by Michael bailey

of Charles Dickens’ beloved A Christmas Carol brings out the families. ASC will alternate three shows this summer: Shakespeare’s drama The Merchant of Venice, his comedy The Two Gentlemen of Verona and—in a Blackfriar’s Playhouse premiere—the modern theatrical masterpiece, The Lion in Winter. James Goldman’s 1966 drama, set during Christmastime in 1183, depicts struggles for power between England’s King Henry II, his wife Eleanor of Aquitaine, their three sons, and their guests. ASC’s Staged Reading Series brings in actors from outside the company to perform little known Renaissance works, scripts in hand. Edmund Ironside by Anonymous (some think he’s Shakespeare) will be read October 28. George Chapman’s An Humorous Day’s Mirth will be read November 4.

Bent Theatre With a motto of “You Say It, We Play It,” Bent Theatre Improv’s intention is “to keep Central Virginia laughing.” The troupe that first popped up in restaurants and bars in 2004 now regularly appears in the Play On! and Four County Players spaces, parodying pop culture and creating comedy

on the spot from live audience suggestions. They’ll be at the Play On theatre for an Improv All-Stars Show on July 6 and August 10, and at The Bridge on 209 Monticello Rd on July 20. The Bridge show is R rated. The

Ash Lawn Opera Ash Lawn Opera, now at Charlottesville’s beautiful (and air-conditioned) Paramount Theater, puts on one musical and one opera each summer. Meredith Willson’s heartwarm-

ing 1957 Broadway hit The Music Man runs July 13-20. Wolfgang Amadeus Mozart’s 1791 amusing but profound The Magic Flute (Die Zauberflöte) runs July 29-August 7.

Arts and Dollars Theater in Central Virginia is just one aspect of the rich artistic scene here, a scene that enriches our quality of life economically as well as culturally. “We know already that Charlottesville is a great place for the arts, and now we have proof that the arts are great for Charlottesville,” says Victoria Long of Piedmont Council for the Arts, which recently studied the economic impact of the arts in Charlottesville and Albemarle County. The study found that “the arts and culture industry generates $114.4 million in annual economic activity in the Charlottesville area, supporting 1,921 full-time equivalent jobs and generating $9.2 million in local and state government revenues. Arts and culture organizations spent $49.5 million during fiscal year 2010. Those dollars, in turn, generated $31.2 million in household income for local residents. In addition to spending by organizations, the local arts and culture industry leverages $64.9 million in event-related spending” (restaurant meals, parking and shopping, etc.) “by its audiences.” “Theater in Central Virginia is a great way for people to be involved in their community,” says Laura Mawyer, noting that Four County Players, like other area arts organizations, relies on a pool of talented, enthusiastic volunteers. “You don’t have to be onstage. It’s OK if you have shy bones in your body. You can still find a place in the theater.”

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Blackwell’s Hollow Farm - Adjoining County’s 600 acre park, with miles of hiking, biking & equestrian trails. 28.00+/- acres - offers new fenced paddocks, new equestrian facility could have 12 finished stalls (built in 2010 by Lester Buildings- 52’ x72’, including overhangs) Adjacent 90’ x 180’ riding arena has been graded, including perimeter drainage, and partially surfaced with stone dust. There are 4 county approved building sites (surveyed, not recorded), two that have been cleared and graded. MLS#496376, $295,000

EquEstrian EstatE

BLUEBIRD HILL - Extraordinary, Olympic-caliber Equestrian center with appx. 70 level, open acres overlooking the James River with 1/2 mi of river frontage. Ideal for all equestrian activities w/ 25,000 sf Primary Barn w/ 21 state of art stalls and a fabulous 60’x168’indoor riding ring, warmup ring, office,and a beautiful 3BR apt. Possible seller financing available to qualified buyers. Additional acreage available. Huge reduction from original list price (2010- $1,450,000) of $850,000 & way below assmt! MLS#498846, $595,000

Frank Hardy Inc., realtors

417 Park Street • Charlottesville, Virginia 22902 434-296-0134 • www.farmandestate.com

Farm and estate Brokers

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HOME? We have what you’re searching for at www.charlottesvillerealestateweekly.com Real Estate Weekly Online • Weekend HotSheet View Area Properties for Sale • Article Archives

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6600 Blackwells Hollow

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4 Ivy Glen Beautifully decorated, 1350sf, 2BR/2.5BA End Unit TH for $214,000! New roof, windows, central HVAC, water heater, washer/dryer & deck expansion. Windows on 3 sides. On shuttle route. WPI. Furnished. Contact Dawn at 540-454-3300, Dawn.Perusse@mris.com (MLS 492310)

105 Saddleback Knoll

2221 Tanners Ridge

Contemporary estate home designed/built for owners. Impeccably maintained and improved. Set high on a 1.3 acre water-front lot. Extensive landscaping w/ Koi pond, stone terrace, circular concrete drive, 1st floor master, 2 fireplaces, wine tasting area, gourmet kitchen, 5 bedrooms, 4.5 baths. Reduced! $749,325. Contact Brian Chase www.goWintergreen.com 434-296-9860 (448607)

Lovely furnished two bedroom condo in great location. Sparkling granite counters in kitchen, marble surround fireplace, fresh paint, no stairs. Possible owner financing, includes WPI right. Located on shuttle route to resort attractions, walk to Spa, golf and Devils Grill restaurant. Potentially strong rental unit. $135,000. Listed by Steve Marianella 434-566-1293 smsales1@aol.com (483843)

78 Fox Run ~ Stoney Creek 1+ acre lot at the end of a quiet cul-de-sac. Right around the corner from the Lake Monocan beach and picnic area, and just 2 minutes to golf, tennis, hiking, dining, fishing. Nearly level for easy building. Bring your own builder or contact us for recommendations. Reduced $10,000!! Now just $43,100. Listed by Brian Chase www. goWintergreen.com 434-296-9860 (488833)

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Winterwoods Homes A turn-key design/build company, Winterwoods Homes has partnered with the nation’s premier suppliers to deliver timber frame and stone designs of extraordinary quality. Their industry leading partners include Vail’s Slifer Designs and Antique Cabins & Barns. The Winterwoods Homes portfolio boasts 40+ designs. Base prices from $200K - client customization available. For a complimentary design package, contact Brian Chase, Managing Broker www. goWintergreen.com 434-296-9860.

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23 Wintergreen Drive Perfect for large families, multiple families or rental investors. Brand new, top of the line, private elevator, lots of sq ft and flexible floor plan. Walk to the spa, fitness/aquatics center & cafe. Ski shuttle pick-up is right there! Golf and tennis around the corner. Quality construction/large sq footage - it’s a great value. $499,000 Call Rod Phillips 434-987-6399 (463011)

c s r t e o e n k e l y o t

re 195 White Oak Drive Only $230,000 for a refurbished home at Wintergreen! Check out this 3 bedroom, 2 bath furnished home, only a short walk from the Mountain Village. Private and quiet lot, large decks, kitchen upgrades and more. Listed by Steve Marianella at 434566-1293 or smsales1@aol.com (488191)

2229 Tanners Ridge

Nicely renovated two bedroom condo on Devils Knob Golf course. Fully furnished with fireplace in family room, includes WPI right of membership. Lovely golf views and convenient to spa, Devils Grill, tennis and golf. Free shuttle bus stops at Tanners entrance. Listed by Steve Marianella at 109,000, 434-566-1293.

c s u a l c -d l e o t

Furnished two bedroom condo walking distance to ski slopes at $139,000! This two level condo has existing rental income in Wintergreen program, full kitchen, wood burning fireplace and two full baths. Lower condo dues than almost every complex at Wintergreen. In great condition with access to condo only a few steps from parking. Listed by Steve Marianella, 434-566-1293, smsales1@aol.com (494523)

st t on iM e be de r si & Gn s

170 Rosewood Drive RoseWood Village: Earthcraft Certified, Madison Villa with 1st floor master, 2 bedrooms, 2 baths, gourmet kitchen, sunroom, superb craftsmanship, and many features of Universal Design. RoseWood is a 55+ active adult community located in the valley of Wintergreen’s Stoney Creek. $409,900. Contact Brian Chase 434-296-9860 or Stan Powell 434-989-3600 (489621)

in v rees n tM ta e l nt

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, 434-566-1293, smsales1@aol.com (492139)

487 Three Ridges

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

415 Pedlars Edge Drive Level lot in quiet area of resort on Blackrock side of Wintergreen Resort. Mature hardwoods throughout lot, lots of privacy. Bring your builder or let us introduce you to one of ours. Includes WPI right of membership. Call Steve Marianella 434-566-1293 www. ExperienceWintergreen.com (489885)

t R o e B nt u y

304 Chestnut Place One of the most sought after areas in Wintergreen. Potential year-round views, private and quality homes throughout. A short drive to all amenities and beautiful winter views of the slopes make this a must see.Orange tape at front of lot is located on APPROXIMATE lot lines.Please refer to plat for more exact measurements or obtain survey.Possible seller financing available. Listed by Steve Marianella 434-566-1293; www. ExperienceWintergreen.com or smsales1@aol.com (494735).

17 Pine Siskin Lane Amazing New Construction Value! This mountain home is situated on a quiet corner in a great neighborhood among newer homes. Open floor plan has kitchen, family and dining room with high ceilings. 3 bedrooms and 2 full bathrooms complete the main floor. Stone fireplace, solid wood cabinetry, hardwood floors, granite counters, stainless appliances, Pella windows, hard-plank siding are all featured in this great value. $329,000. Call Rod Phillips at 434-987-6399. (500741)

bu ild

vi ew

He r

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232 Hearthstone Lane

650 Pedlars Edge Drive

Great value for a Stoney Creek lot with views of the valley. Quiet street in the foothills above Stoney Creek. Build here with your builder or let me introduce you to one. Includes WPI right of membership. Enjoy Stoney Creek golf and restaurant, Lake Monocan and local wineries only minutes away Listed by Steve Marianella 434-566-1293, smsales1@aol.com Only $60,000 (490371)

A wonderful lot for skiers and non-skiers. Perfect for a basement. Private with open space behind and views up toward the main resort. Orange tape at front of lot is located on APPROXIMATE lot lines. Please refer to plat for more exact measurements or obtain survey. Owner financing available. $99,000. Listed by Steve Marianella 434-566-1293; www. ExperienceWintergreen.com or smsales1@aol.com (494732)

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

I s s u e 21 - 2 7 | j u l y 5 - j u l y 1 1 , 2 0 1 2

the land office

O IN PP C O RE R DI TU B N LE IT Y

R E $ DU 5 C 0 K E ! D

Always a fine selection of outstanding town & country properties.

edgewood c. 1799

prime location

llandaFF

Situated on one acre minutes from downtown this fabulous Milton Grigg home design/built for his own personal residence features magnificent octagonal rooms and an abundance of masterful woodwork with attention to every detail. $1,650,000. MLS#497492

Carters Bridge estate area. Extraordinary offering of 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. $625,000. MLS#491842

sage hill Beautiful and private Albemarle horse farm of 21 acres. 13 board fenced acres with 3 automatic waterers, 2 barns and immaculate 2001 farmhouse with wraparound porches and in-ground pool. All in perfect condition. $885,000. MLS# 491918.

ES w NE IC w K FA R M

SP E OR S TS T M A A T N’ E S

RedUced! Blue Ridge vistas and long frontage on the Conway River in Greene County make this 123 acre property infinitely enjoyable. The home has been completely and tastefully renovated, as have the grounds and gardens. $1,695,000. MLS#497522

arrowhead mountain

Just minutes down Rt. 29S, this exceptional 410 acre tract of hardwood timber features rolling to steep topography, springs, cascading streams, miles of trails, mountain views, and beautiful rock outcroppings. Now less than $2,500 an acre. $995,000. MLS#495947

heathcote, c.1915 Located in the heart of Keswick, this manor home graces 16+ acres with guest home, 3-car garage with large workshop, old oaks, boxwood, and fenced accommodations for horses. The finest in country living and convenient to Charlottesville. $1,495,000. MLS#495458.

Jim Bonner

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

log caBin getaway

3 ED 5 K

Nearly 100 acres in Nelson near the Blue Ridge Parkway. Lovely old chestnut cabin c.1812 with gravity fed water from faithful spring. Fall asleep to the sound of the cascading waterfall, and fish in the pond. Very private, stone fireplace, wood cook stove, in the same family for years. $450,000. MLS#498621

new canton country charmer Under assessment and one of the best deals we’ve seen! The ideal country property of 15 acres with charming home, swimming/fishing pond, trails and welcoming shade from ancient oaks. All in excellent condition. Only $199,000. MLS#497610.

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

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

R SIG E N D I U FI C CA T N IO T N

aspen ridge Spectacular 5,000 square foot custom built home privately situated on 21 acres of hardwood forest with breathtaking Blue Ridge Mountain views from every room. Extraordinary attention to detail throughout. You must come see for yourself. $1,295,000. MLS#498880.

white horse Farm

The ultimate sportsman’s estate in Albemarle County. Grand manor home, c, 1810, gardens, ponds, board fenced pastures, riding arena, 6 stall center aisle barn, indoor basketball, batting cage, gym, miles of private, groomed trails. In excellent condition. $3,750,000 MLS# 498902

O RE v D E U R $ C

white oaK Farm

Immaculately renovated equestrian estate of 45 acres in Albemarle County situated amidst tall oaks and overlooking professional riding arena. State of the art barns and shop with board fenced pastures, pond and woodlands. $1,175,000.

$ ED 2 U 0 CE 0 D K

Kesmont This Keswick equestrian estate features 54 acres with board fenced pastures, 10 stall barn, riding arena, and pond. The 3 bedroom, 3.5 bath Cape Cod residence is beautifully landscaped with gunnite pool and guest cottage with income potential. $1,495,000 MLS#499845

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www . M ontague M iller. com FEATURED PROPERT Y

New to the Market

View All Area Homes for Sale and Upcoming Open Houses New to the Market

us tL ist ed !

OLD BALLARD FARM

Custom Gaffney Home. 6 BR/5.5 BA w/ gourmet chef’s kit, cherry cabs, granite counters, lux MA suite w/FP, marble, heated floors. FR w/coffered ceilings & FP, 3 car garage on 2 acre lot. MLS# 500959, $1,061,500. Carol Carder, 242.0459

WALk DOWNTOWN!

Like-new craftsman style home on a private CUL-DE-SAC lot. Granite counters, maple cabinets, ss appliances, hrdwds on main level, gas FP. Unfin. bsmnt w/full BA. MLS# 500804, $325,000. Sasha Farmer, 260.1435

Old Trail village Full of charm! This home to be built by Peak Builders will be outstanding in quality and design. 4 Brs, 3.5 BAs, over 2600 fin sq ft, with basement and 2 car garage. MLS# 497053, $625,000. Andrea Gruber,

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

434.960.7738

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

CUSTOM CONTEMPORARY

On 11 private wooded acres in Advance Mills. Extensive hiking trails & frontage on “Marsh Run”- 2 story LR, formal DR, eatin island kit, 42 ft deck, fin. bsmnt. Paved drive, garage. MLS# 493438, $494,000. Stephanie Howard, 434.409.0844

kEY WEST

FANTASTiC VALUE! Contemporary w/ open floor plan, soaring stone FP, cathedral ceilings & clerestory windows! Lower level has office, study, full BA, fam rm, 2 car garage. MLS# 486852, $295,000. Alice Nye Fitch, 981.4562

TO BE BUiLT iN ROCkFiSH VALLEY

Build this house, choose plans, or custom design to suit. Elevated lot N of Nellsyford. Well & driveway in place. Year-round views possible. MLS# 498942. $264,592. Carter Montague, 434.962.3419 www.montaguemiller.com/openhouse

UVA - RUGBY RD AREA

Private location on 1 acre in lovely neighborhood, near C’ville amenities. Walk to Barracks Rd shops & UVA. Deck overlooks woods & creek. Space for ext family. Many updates+3-car garage. Yates Nobles, 996.0888 MLS# 498232, $1,200,000

WiLLOUGHBY TOWNES

Wonderful location to Historic Downtown & UVA. Great condition, Seller is offering $5000 closing costs package w/acceptable contract. Will lease w/option or delayed closing. MLS# 496636, $243,000. Glenda Howard, 981.0839

GREENBRiER NEiGHBORHOOD

Solid brick home updated w/new kit appliances, heat pump, roof, interior paint, refinished hrdwd floors. Enjoy 3 BRs, 2.5 BAs, 2 FPs, fin family rm in bsmnt. MLS# 493233, $219,000. Anita Dunbar, 434.951.7135

LAkE MONTiCELLO

This one level home is in beautiful condition and offers a private rear yard, level lot,front porch, fireplace, extra large closets,10x12 deck. Excellent value. MLS# 500947, $149,900. Anita Dunbar, 434.951.7135

CLOSE TO UVA & DOWNTOWN

immediately behind the hospital. The lot is deep and has future potential. Definitely a fixer upper or potential building site. Bring offers. MLS# 494861, $95,000. Doug Burke, 434.996.6791

LAkE MONTiCELLO

Like new, move in ready home! New Anderson windows, vinyl siding, roof, Trane heat pump, & refrigerator. Skylights, fresh paint, immaculate hardwood floors. MLS# 496326, $184,500. karyn Trumbull, 951.7191

434.973.5393 800.793.5393 Charlottesville Westfield

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Montague Miller & Co Realtors New to the Market PRiCED TO SELL!

1 level living in the HEART OF THE CiTY with MTN ViEWS & front rocking porch. Meticulously maintained & low maintenance, MBR on main. Spacious level lot w/garden beds. MLS# 501003, $150,000. Sasha Farmer, 260.1435

FORT DEFiANCE

Practically new plantation style home on 18+ acres. Fabulous kitchen, upper and lower covered porches. Shenandoah Valley/Blue Ridge Mtn views. MLS# 496351, $875,000. Mike Vest, 540.294.4446

GREAT FOR A LARGE FAMiLY!

LR, FR, newer addition (rec rm w/built in bookcases, tall ceilings & FP) Lg terrace & screen porch. Chefs kit, DR, office/study, lg MBR & BA (w/heated floors) + 3 add’l BRs. MLS# 496468, $459,000. Anita Dunbar, 434.951.7135

STAUNTON

One floor level home on lg lot. Kit with tons of cabinets opens to DR. Huge deck with covered gazebo. Fenced perimeter. Close i-64 & i-81. Sold As is. MLS# 500878, $89,000. kyle Olson, 540.649.4131

PREMiER UVA LOCATiON

ideal property for adding your own personal touches! All brick w/hdwds, DR, 2 FPs, fin recreation room in full basement, walk-up fully floored attic to add additional living space. MLS# 496912, $440,000. Anita Dunbar, 434.951.7135

SiGNAL HiLL

Custom built, brick contemporary home on 4.776 acres in W.Albemarle. High ceilings, stone FP, lg deck & screen porch. 4 suites w/att BAs. Chef’s kit. Geothermal heating/cooling. MLS# 495727, $573,000. Carol Carder, 242.0459

BENTiVAR

Custom built Barry Meade Home on 2 acre lot w/5BR, 3 1/2 BA, formal LR/ DR, gas FP. Lg MBR w/FP. Walk-out terrace level with beautifully landscaped yard. MLS# 497349, $649,000. Carol Carder, 434.242.0459

NORTH GARDEN

Wonderful custom home on 21 wooded acres. Arts & Crafts detailing, heart pine floors, gourmet kit, generator. Maximum privacy. Mostly hardwood forest, natural area. MLS# 497585, $469,000. Carter Montague, 434.962.3419

EAST HiGH ST, DOWNTOWN

Spacious top-floor corner condo! Lg unit in popular building near Cville Pavilion. 2br/2ba, bamboo floors, recessed lighting, 10’ ceilings. Open kit, DR & LR. Mtn views. MLS# 495142, $369,000. Ronda McCauley, 434.760.1718

L A N D O P P O RT U N iT i E S NEW! kESWiCk ESTATE

Beautiful wooded lot w/mtn views. Level homesite fronting on the golf course. Enjoy peaceful tranquility and take advantage of exceptional amenities offered by keswick Club. MLS# 500871, $549,000. Rives Bailey, 434.227.4446

GREAT LOCATiON!

2+ acres w/flat, partially fenced land! Great fam rm w/FP& built in bar in bsmnt. Updated kit w/ new counter top, & hardwood floors. Low-maintenance brick home on a private lot. MLS# 495793. $199,900. Sasha Farmer, 260.1435

CROZET

Views from 8.17 acres at the top of Calf Mtn on Woods Gap/Jarmans Gap Rd. Several homesites. Some mature wood. Pipe stem in 50’RW. Borders Shenandoah Nat’l. $79,900, MLS# 499656. Doug Burke, 434.996.6791

434.227.4444 866.435.9764 Charlottesville Downtown

NEW! NEAR GLENMORE

Parcel 94-46A has 3 lots plotted and have been perked. Lot 94-11A is plotted as one 4.26 acre lot has been perked. Parcels join Glenmore. MLS# 500374, $372,000. Anita Dunbar, 434.981.1421

TOTiER HiLLS

Level lot in highly sought after subdivision bordering Totier Creek. No HOA Dues. State maint rds. Easy commute to Cville. West facing mtn views. 5 min to Scottsville & James River. MLS# 496941, $80,000. Carol Costanzo, 434.962.1419

GLENMORE

2nd floor gourmet kit w/granite tops, cherry cabinets, butlers pantry & brkfst area. Family rm w/2 story stone FP. Terrace level - entertainment system, sports bar, BR/full BA, & office. Fin bonus rm. MLS# 500505, $849,000. Glenmore Team, 951.7106

LAkE MONTiCELLO

immaculate 3 BR w/2 car garage. Vaulted ceilings in LR & DR. Hrdwd flrs on 1st level. Wood burning FP. Jetted tub in MBa. Level yard backs up to common area, 15 x 22 back deck. MLS# 497633, $205,000. Sal Milione, 882.4000

kESWiCk

4 BRs, 3.5 BAs, 1st floor MBr, stunning great room w/cathedral ceilings, huge unfin. bsmnt for expansion. 48 acres of hearty hardwoods. For hunting, horses, or private retreat. MLS# 486298, $549,900. Sasha Farmer, 260.1435

Home

Concierge Services

434.951.7161 office

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

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

New to the Market

We Will Raise Your Expectations of a Real Estate Company

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Home

SaleS S t a t S FOr The week eNdiNG 6-22-12

There were

104 sales

Finding it difficult to 914 Marshall sTreeT ciTy OF cHARLOTTESviLLE $465,000 $176 per fin. square foot On market for 57 days

in the seven-county area.

navigate the path

to the perfect home?

• Forty-one were in

albemarle with an average price of $419,147

• Twenty-one were in

Charlottesville with an average price of $411,319

• Twenty-three were

in Fluvanna with an average price of $175,713

19 POssuM laNe

LAKE mONTicELLO | FLUvANNA $119,000 $88 per fin. square foot On market for 153 days

• Five were in Greene

with an average price of

$255,500

• eight were in louisa with an average price of

$175,488

• Three were in Madison with an average price of

$194,017

• One was in Nelson

with a price of $128,000

• Two

were in Orange with an average price of

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

$121,849

5 41

21 20

250

Orange 15

Gordonsville

Louisa

Scottsville 6

231

Charlottesville 29

Nelson

Crozet

151

Greene

Albemarle 240

Madison 33

Fluvanna 6

250

Sample

Sales:

19 river breeZe laNe LOUiSA cOUNTy $95,000 $63 per fin. square foot On market for 58 days

local Government Information (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.)

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

1574 ThOrNridGe way

a-mazed at what a REALTOR® can do for you!

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

FOREST LAKES SOUTH | ALbEmARLE $365,000 $147 per fin. square foot On market for 12 days

You’ll be

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

REALTORS

—

ExpERTS in YOu!

www.caar.com Charlottesville Area Association of REALTORS® 500 Hillsdale Drive, Charlottesville, VA 22901 Phone: 434.817.2227 [CAAR] • Fax: 434.817.2836

I s s u e 21 - 2 7 | j u l y 5 - j u l y 1 1 , 2 0 1 2

Tommy Brannock

BHG Real Estate IIIâ&#x20AC;&#x2122;s Top Producer for 2011

Historic Downtown Office

434-981-1486

NEW LISTING DOWNTOWN

NEW LISTING IN hOLLymEaD

UNBELIEVaBLE PRICE!

CONVENIENCE IN fONTaNa

Unique opportunity to acquire a charming, 1920â&#x20AC;&#x2122;s craftsman style home on Poplar Street - walking distance to the Downtown Mall as well as Burnley-Moran Elementary. Wonderful yard - mature hedges create a private retreat in back plus winter Mountain views from front porch. Beautiful interior woodwork, 8 1/2â&#x20AC;&#x2122; ceilings and excellent storage. Donâ&#x20AC;&#x2122;t miss it!

Situated on one of Hollymeadâ&#x20AC;&#x2122;s nicest lots within a short walk of the Lake and the Elementary school, this comfortable home is in good condition. Many recent improvements plus a Sellerâ&#x20AC;&#x2122;s credit for enhancing the Kitchen. 4 BRs + 2.5 Bathrms, formal LR and DR, and a Fam Rm with fireplace. Excellent opportunity to join this sought-after community prior to the start of school!

Classic brick home, situated in one-of-kind setting with views of the Ragged Mountains, yet only minutes to town. Ideal for entertaining. Vacation at home by the Pool. 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. Conveniently located near Boars Head, Farmington and UVA.

Custom, one-owner home built by European Homes of Albemarle on one of the nicest lots in Fontana (backs to â&#x20AC;&#x153;common areaâ&#x20AC;?). Convenient community offers Walking Trails, Pool, Tennis and Clubhouse. Home features open floor plan, 5 BRs (or 4 BRs and Home Office) and 3.5 Bathrooms. Very nice offering - wonâ&#x20AC;&#x2122;t last long!

NEW PRICE of $899,000 www.MawyerFarm.com

Offered for $449,000 www.FontanaOnPantops.com

Offered for $275,000 Offered for $269,000 www.HomeInHollymead.com www.DowntownCvilleHome.com

0IEDMONT (OUSING !LLIANCEÂ´S &AIR (OUSING 0ROGRAM

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.com

813 E. Jefferson Street â&#x20AC;˘ Office: 434-977-3033 Call Toll Free: 800-277-3033 www.RealestateIII.com â&#x20AC;˘ email: tbrannock@realestateiii.com

hoosing a financial intuition is an important decision for a young person opening their first account or for established adults moving to a new area. The choice between a credit union, local bank or national bank can be the first decision in narrowing the field of possibilities. There are differences between these institutions that should be considered before opening a new account. Credit unions are different from banks in a few ways. First, a credit union is owned by its members and that ownership is based on deposits made by those members. Second, credit unions are not-for-profit cooperatives that are created for the benefit of their membership. Banks, on the other hand, are owned by their investors or shareholders, who may or may not conduct personal business with the bank. Banks are “for profit” entities that are created for the benefit of their investors or shareholders. The higher profits that a credit union could make if they were a bank are instead allocated to either paying higher interest rates on deposits, charging lower rates on loans, lower fees or a little of all of these. Credit unions have membership requirements, which may include working for a particular employer or living in a certain geographical area. Banks, however, are able to provide their services to more individuals, which in turn has allowed them to become much larger in size. Banks can vary in size and locations, from Wells Fargo with their coast-to-coast reach to Union Bank, which is largely located in Virginia. Banks tend to provide more options than most credit unions in terms of the financial products and

j u l y 5 - j u l y 1 1 , 2 0 1 2 | I s s u e 21 - 2 7

Difference between

Banks & Credit Unions By RogeR A. VARneR, II

services that they offer. National banks offer more locations, so if one travels a lot or plans to move, there are fewer headaches in setting up new accounts, changing bill pays and

waiting on new checks. Banks also tend to lead in the online service department, which has helped them attract customers as more and more banking has moved online.

All banks are not created equal and there are some differences between national banks and local banks. National banks are catering to the national populace and fees that might be acceptable in one location may seem steep in another. National banks also tend to be highly stringent to policies and less likely to bend to meet customers’ needs. Local banks, however, understand the environment of the community they serve and can tailor their policies to more closely meet the needs of its customers. In addition, community banks also tend to make decisions at the local level for approving loans or credit applications than a national bank, which may send the application to a regional hub for processing. The recession and credit crisis are still fresh in our minds and for some there still may be a lingering feeling of uncertainty when depositing money into any financial institution. For instance, some people may wonder what happens if the credit union or bank goes bankrupt? The Federal government guarantees up to $250,000 of coverage on deposits. Federal Deposit Insurance Corporation (FDIC) covers the banks’ deposits, while the National Credit Union Share Insurance Fund (NCUSIF) covers credit unions’ deposits. When thinking about which type of financial institution to use, there are many issues to consider, such as convenience of locations and ATMs, value of financial products, list of services and fee structure. Figure out how much weight you wish to give each characteristic as it relates to your needs. Like many things in life, you may not want to put all your eggs in one basket, but rather choose more than one financial institution to give you the best of both worlds.

Shopping for a New Home? PICK UP

Real Estate Weekly

CAAR

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

home finance

OR LOG ONTO

www.CAAR.com & www.charlottesvillerealestateweekly.com

I s s u e 21 - 2 7 | j u l y 5 - j u l y 1 1 , 2 0 1 2

4(%

Your Life. Your Home. Your Closing.

Staff: !$6%24)3).' Beth Wood ADS CAAR COM

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 youâ&#x20AC;&#x2122;re not happy with our settlement services, we will refund your settlement fee â&#x20AC;&#x201C; guaranteed.

Julian Belvedere JULIAN CAAR COM %$)4/2)!, #//2$).!4/2 Joanne DiMaggio JOANNEDIMAGGIO EMBARQMAIL COM

Itâ&#x20AC;&#x2122;s our promise to you.

!24 $)2%#4/2 Tracy Federico TRACYF CAAR COM 338 West Rio Road Charlottesville, VA 22901 Tel 434.979.7799 Fax 434.979.8819

CAAR

Visit our NEW website today and obtain a quote for your closing www.courtsquaretitle.com

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.

Thereâ&#x20AC;&#x2122;s a reason homeownership is the foundation of the American Dream. While lately the economy has presented some challenges, it has also helped us focus on what matters most: the value of owning a home. Itâ&#x20AC;&#x2122;s reminded us that home is where we make memories, build our future and feel comfortable and secure. When youâ&#x20AC;&#x2122;re ready, a REALTORÂŽ, a member of the National Association of REALTORSÂŽ, can help you find the home thatâ&#x20AC;&#x2122;s right for you. REALTORSÂŽ are preparedâ&#x20AC;&#x201D;to answer your questions, show you options and guide you home.

Every marketâ&#x20AC;&#x2122;s different, call a REALTORÂŽ today.

HouseLogic.com/buyandsell ÂŠ2010 National Association of REALTORSÂŽ .

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

CAAR Real Estate Weekly | www.charlottesvillerealestateweekly.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.

j u l y 5 - j u l y 1 1 , 2 0 1 2 | I s s u e 21 - 2 7

McLean FauLconer Inc.

Farm, estate anD resiDential Brokers

COLTHURST FARM - Beautiful architect designed home on just over 3 ac. offers privacy & gorgeous mountain views, all within minutes west of Charlottesville! Wonderful open floor, large flat yard area, beautiful landscaping, huge stone terrace area. $1,195,000 Steve McLean (434)9811863 MLS#500182

Traditional home fully renovated on 18 acres, 4 fireplaces, sunroom off kitchen, library/study that could be 1st fl. master. Two bedrooms up, 4 full baths, separate studio above garage for guests + add’l cottage being used as office. Lovely brick terrace, full back porch & beautiful landscaping. $1,245,000 Betsy Swett, 249-2922. MLS 497850

Historic Scottsville, Albemarle. Slate roof, bricks from the 1800’s. Impressive public & private rooms, tall ceilings, handsome moldings, hardwood floors. .47private acres. 5 bedrooms, 4 baths, separate apartment, detached garage. Bed & Breakfast Potential. MLS 500224. Punkie Feil 434-962-5222 or Elizabeth Feil Matthews 434-284-2104

CAAR Real Estate Weekly | celebrating 20 years 1992-2012

KESWICK - Walnut Grove is an impeccably maintained & updated brick residence on 6.9 park-like acres. Residence has LR; DR; huge FR adjacent to kitchen & screen porch; 4 BR/ 3 baths & 3 fireplaces. Charlotte Dammann (434)981-1250. #468844

EXCELLENT INVESTMENT OPPORTUNITY - Wellmaintained triplex in prime location near downtown mall, hospitals, schools, shopping & U.Va. Two, 2-3BR/1BA units & one 1BR/1BA studio unit. Great income potential. $465,000. MLS #482203 Steve McLean (434) 295-1131.

WOODCREEK DRIVE - Two homes nestled on over 3 acres within 6 miles of Pantops. One home with 2BR/1BA, Great Room w/FP, Kitchen, hardwood flooring. Second home with 3BR/1BA, FR w/FP, Kitchen, large rear deck. Great rental property opportunity! $237,000. MLS #494161 Steve McLean (434) 295-1131.

FOXCHASE One-of-a-kind, 6,100+ sq.ft. brick Colonial appx. 15 mins west of Charlottesville. 5 BR, 4 full & 2 half BA, high ceilings, custom builtins, beautiful hardwood floors & spectacular Blue Ridge Mountain views! $1,195,000. MLS #473286 Steve McLean (434) 295-1131 ofc/981-1863 cell.

Superb 3 BR home, over 4,300 fin.sq.ft., 3 full & 2 half baths. Excellent location in desirable Inglecress neighborhood, off Garth Rd, only minutes from town. Large, gorgeous 5.78 acre lot. $1,595,000. MLS#499660. Call Jim Faulconer (434) 981-0076

Windy Hill, just over 6 acres, conveniently located only 10 mins from C’ville, & just below Crozet, feat. 2 homes & spectacular post & beam barn. The 1.5 story, spacious main residence, c.1913, feat. a first level master suite, beautiful heart pine floors, high ceilings, large country kitchen, & more. Second home has over 2000 sq.ft. w/ many possibilities. 2 division rights. $535,000 Will Faulconer, (434)987-9455 #490858

WALNUT HILLS - Fantastic 4 BR, 4.5 BA First floor master suite, large family room with stone fireplace, home in prestigious Walnut Hill community. $899,000. Andrew Middleditch (434)9811410. # 492379

DOWNTOWN CLASSIC. Gracious 4BR brick residence, superb location just off Park Street within walking distance to Downtown Mall. $820,000 Steve McLean (434)981-1863 MLS#499564

EXQUISITE FARMHOUSE-STYLE HOME, designed by Dalgliesh Gilpin Paxton Architects, to be on over 37 acres at Bundoran Farm, appx. 15 minutes south of Charlottesville. 1st-floor master wing, high-quality finishes & spectacular views. $3,995,000. MLS #481487 Steve McLean (434) 295-1131.

KESWICK COUNTRY CLUB-Spectacular new residence on golf course, PRICED TO SELL!!! 10,000 total square feet (7,794 finished), superb quality and craftsmanship, stone and stucco, slate roof, high ceilings, exceptional features: huge gourmet kitchen, spacious main level master suite, two family rooms, bonus room, much more. Priced below tax assessment: $1,975,000. Jim Faulconer (434) 981-0076

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

IMMACULATE CONDITION - 3 BR brick home, just south of town, on 1.27 acres, almost level yard, in “like-new” condition. Features include: formal living and dining rooms, spacious kitchen/family w fireplace. large deck, over 2,000 fin.sq.ft. and 2000 unfin.sq.ft. well priced, $395,000. MLS#498687. Call Jim Faulconer (434) 981 0076

CLASSIC IVY HOME in Westwoods offering 5 BR, 5 full BA, 1st floor master with private deck on 2 beautiful landscaped acres with pastoral views & stream. . Western schools. Tim Michel, (434)960-1124(Owner/Agent) #499235 $459,900

1905 Victorian Style on Lexington Ave. Original moldings, large windows, heart pine floors. Architecturally designed renovations. 4 bedrooms, 3 full baths. $595,000 MLS 499306 Call Punkie Feil, 434-962-5222 or Elizabeth Feil Matthews, 434284-2105

OLD BALLARD ROAD –5 BR, 5 BA brick +6100 sq/ft residence in Ivy. All custom features of only the finest materials, 1st floor master suite with FP, FR, professional kitchen all Thermador appliances, home theater, 3-car garage, and a lovely setting with sweeping pastoral views. Andrew Middleditch (434)981-1410. #489761

SOUTHERN COMFORT, VIRGINIA STYLE! Wraparound front porch, open floor plan, light-filled 4BR 3.5BA, hw floors, 2 FPs, 6 burner Viking gas range in updated kitchen, home office, a media room or 5th BR. Conveys with lots of extras. $749,000 Dora Conway, 434-825-5742 #498237

Exquisite English Country home on a premiere 2.5 acres in Keswick Estates. Lovely views of the golf course & mountains in the distance yet very private. The architecturally designed 7000+ sq ft residence offers LR; DR; gourmet kitchen; library, & office; media rm & 4 additional BDRS. C Dammann (434)981-1250. #451592 $2,500,000

University Area Investment Property! University Circle Location! Property is in move-in/rent condition. 3 BR main level, 2 one-bed apts lower level. Separatelymetered. Private access to each unit. Half acre +. Offstreet parking, large back yard, across from JPJ Arena, Barracks Rd Shopping. R-1UH $585,000 Dennis Woodriff (434)531-0140 #498099

IVY AREA - Quiet country living close to town in this superbly- built cedar and stucco contemporary, nestled into 3.7 pristine acres. Residence features over 3400 fin. sq/ft, open floor plan, vaulted ceilings, massive stone fireplace, warm modern kitchen, main level master, huge deck and screened porch. Lovely wooded and open land with creek, beautiful natural setting!! MLS# 500006. $649,000. Jim Faulconer (434)981-0076.

ENJOY YEAR-ROUND BLUE RIDGE VIEWS from this beautifully maintained 4,131+/- finished sq.ft. residence nestled on 9.82+/ acres approximately 12 minutes west of Charlottesville. 4 BR, 4 BA, formal & informal spaces, 3-car garage & gorgeous Blue Ridge views in winter. Murray/ Henley/Western Albemarle school districts. $789,000. MLS #496068 Steve McLean (434) 295-1131 ofc/9811863 cell.

EXTRAORDINARY CONTEMPORARY of highest quality, designed by STOA. Offering panoramic Blue Ridge views, river frontage, 42 acres including 2nd buildable parcel, 4 BR, pool, 1st floor master & more. Tim Michel (434)960-1124 #489522

ENJOY LAKE FRONTAGE, FRONTAGE ON MECHUM’S RIVER & exceptional privacy from over 13 mostly wooded acres in Western Albemarle! Well-maintained 3BR/2.5BA contemporary-style residence. Gorgeous views & superb location! $765,000 Steve McLean (434)981-1863 #497264

FARMINGTON- Newly remodeled residence in quiet location. Traditional home recently expanded, features exceptional mostly one level floor plan: charming reception room with fireplace, spacious dining room with French doors to covered porch, new kitchen, top quality appliances large master suite. Traditional charm with great floor plan. $1,275,000. Jim Faulconer (434) 981-0076.

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

IVY OAKS - wonderful 4 bedroom house privately situated on 2 acres in Ivy. Minutes west of the City limits, convenient to schools, shopping $479,000. Charlotte Dammann (434)981-1250 #486644

Is a

Reverse Mortgage for

you? Reverse mortgages are a special type of federally insured home loan that allows seniors to convert the equity in their home into cash. They can give older Americans greater financial security to supplement social security, meet unexpected medical expenses, make home improvements, and more.

Common MYTHS to a Reverse Mortgage: Lender takes the deed/ title to your home. This is not true!

You need good credit for a reverse mortgage. This is not true!

Reverse mortgage borrowers owe more than their home is worth. This is not true!

Title on a reverse mortgage is no different than any other mortgage you’ve ever had – only the homeowners are on the title.

A reverse mortgage is only based on your home’s equity and the borrower’s age. Income and credit are not qualifying factors.

Reverse mortgages are “non-recourse” loans which means that the borrower can never owe more than the value of the home regardless of loan balance.

There are several ways to receive the proceeds from a reverse mortgage. • Lump sum – a lump sum of cash at closing. • Tenure – equal monthly payments for as long as the homeowner lives in the home. • Term – equal monthly payments for a fixed number of years. • Line of Credit – draw any amount at any time until the line of credit is exhausted. • Any combination of those listed above.

Please feel free to contact me to discuss anytime or schedule to meet in my office or in the privacy of your home. All meetings are absolutely no-obligation and confidential.

John O’Connor 434-249-4080 or 866-201-4897

Joconnor@AmericanNationwide.com 5690 Three Notched Road, Crozet, Virginia 22932 NMLS ID# 372644, MLo# 8039VA, Virginia State Corporation Commission MC-2457