The Real Estate Weekly 2.26.2020 by The Real Estate Weekly

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VOL. 29 NO. 8 n FEBRUARY 26 - MARCH 3, 2020

A P U B L I C AT I O N O F T H E C H A R L O T T E S V I L L E A R E A A S S O C I AT I O N O F R E A LT O R S ®

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A PUBLICATION OF THE CHARLOTTESVILLE AREA ASSOCIATION OF REALTORS® Charlottesville, Albemarle, Fluvanna, Greene, Louisa, Madison, Nelson, Orange, Augusta

Charlottesville: A Running Town for 40 Years CAAR Home Sales Report 4th Quarter 2019

Homebuyers Take Note:

Affordable Houses Available Now

SEASONAL PLEASURES:

Stepping Out in Central Virginia BY KEN WILSON

201 CARDINAL LANE, WINTERGREEN RESORT

Exquisite custom home with stunning mountain and pastoral views. MLS# 597532 | $3,390,000 Steve White (434) 242-8355 Steve White info@stevewhiterealtor.com (434) 242-8355 • info@stevewhiterealtor.com

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

apartment on the 2nd floor • New roof,wall heat/ac units • Great front porch, private fenced yard and off-street parking.

mls ??????? mls 499612

$Price

mls ??????? mls 496870

real estate partners

434.220.5656

$Price $495,000

sloanmanis.com

BUYING or SELLING? CALL US! 1264 Chatham Ridge

MLS# 597379

1600 Cambridge Circle

You can’t beat the cul-de-sac location of this recently renovated townhome in convenient River Run. Step inside to an open floorplan which features a living room with a fireplace & built-in shelving, dining room, gourmet kitchen with white cabinets, quartz counters & stainless steel appliances plus a den & half bath. Upstairs offers 2 large bedrooms with full baths, cathedral ceilings & ceiling fans. The mostly finished basement offers a large bonus room that could be a family room,bedroom, exercise room along with a full bath, laundry room & outside entrance.

$285,000

480 Panorama Rd

Adorable, updated City cottage in the Venable School District. First floor living with additional space in the basement for a laundry room, play area, TV room, etc. The home features an open living/ dining/kitchen area along with a first floor Owners Suite/bath, 2 bedrooms & a hall bath. Private deck, backyard play area, fire pit & walkout basement with storage & more usable living space. Very close to the UVA Hospital, Greenleaf & McIntire Parks, the new skate park & the John Warner Parkway/Rivanna River Trail.

MLS 599366

MLS 596823

$459,000

Located just 20 minutes east of Pantops Mountain in Charlottesville, this beautiful farm offers wooded privacy, verdant pasture, abundant year round water for feeding & irrigation, large barn & equipment shed, paddocks, 16’x40’ salt water pool, solar panels, fenced garden and orchard area as well as many updates in the home. With The new siding, sun porch, new windows & sills, new solatubes, vaulted living/dining room drenched in light, rock fireplace, new flooring, upgraded cabinet drawers, painted Italian tile, huge kitchen with island, new appliances, generator......this property is a must see. Close to Interstate 64, minutes from the Townof Louisa, Lake Anna & Richmond.

MLS 588017

Conveniently located 4BR, 3 1/2 BA three-story townhome in likenew condition! Near to Pen Park, the Downtown Mall and Stonefield! Features an open main level ideal for entertaining! Modern kitchen with stainless appliances! Attached garage, entry level bedroom with full bath, 2nd level Master bedroom and two additional bedrooms add to the value! An oversized patio highlights the delightful fenced backyard area just waiting for the fun to start!

Charming cabin on 62 acres near the confluence of the James & Rockfish Rivers. Located an easy 30-35 minute drive from Charlottesville with beautiful Central VA scenery along the way. Built in 2016 from the skeleton of a 1902 tobacco barn, the cabin features a loft bedroom, bright open floorplan, modern amenities & a wood stove. The land is a wonderful combination of open field & woodland with a vineyard/ agricultural Southern exposure. Nearby attractions include hunting & hiking on the property,nearbyboating,fishing,wine tasting & baby goat snuggling! Perfect for a weekend getaway, Air BnB or retirement!

$425,000

71 Marjorie Lane

MLS 600255

$329,900

21 Courtenay Glen Way Beautiful, well kept two story home on an elevated lot with mountain views and wrap-around porch! First level consists of formal living, formal dining, kitchen, full bath and enormous family room. Upstairs is the master bedroom with ensuite bathroom and walk in closet plus two more large bedrooms, and full hall bath. The lot is just shy of half an acre and the backyard is almost level. Roof is two years old and the heat pump is four years old. New patio doors in family room. Oversized two level deck accesses both kitchen and family room.

MLS 599824

$895,000

239 Pebble Beach Court

9601 Old Green Mountain Road

MLS 593798

$460,000

2376 Courthouse Rd Cape Cod on convenient Panorama Road just minutes from the CHO airport, shopping, schools & Charlottesville. This home offers 4 bedrooms, 2 full baths, living & dining rooms, a vintage kitchen, office/bonus room & a sun room along with a full basement with an exercise/small rec room. The setting of this classic home offers privacy with a little over 2 level acres at the end of Panorama Rd. Detached 2 car garage with walk up stairs for ample storage or future livings pace expansion. Huge walk in attic in the home for more storage or get creative on adding more living space. Screened gazebo, cozy front porch or back terrace Mature boxwoods & trees surround the home.

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• Quiet country living, great mountain views • 25 minutes to the heart of Charlottesville

$278,000

The Farms at Turkey Run are a unique enclave of 40 private country estates within an 800 acre haven surrounded by 5000 acres of protected rural area that is Mount Ida Reserve. With spectacular views of the Blue Ridge Mountains, streams, ponds, rolling pasture and wooded areas, This 21 acre lot features rolling pastures. The property is partially fenced with 3 board fencing.

MLS 526219

$205,000

434.220.5656 | sloanmanis.com | 415 Fourth Street N.E. Charlottesville, VA 22902

(before I was in the industry) when my parents first considered doing a reverse mortgage themselves. My Mom asked me to help her do some research and that’s what started me on my path of wanting to eventually be the expert on the subject. It’s amazing to me today that I still hear the same false rumors from people sometimes that I heard two decades ago. The mortgage company does not take title to your home and yes the heirs still inherit the home upon the borrower’s passing. Those are the two most misunderstood topics. And yes the money you receive is not income so it is not taxed as some people think. Also, Medicare and Social Security are not effected by the proceeds that you receive from a reverse mortgage. And yes it’s true that you are not required to ever make a payment for as long as you live in the home.

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

I first became a believer in reverse mortgages almost 20 years ago...

I am very patient when I speak to clients and take my time explaining everything face to face with absolutely no pressure to move forward because I remember how much my parents appreciated it when the person that they worked with showed them the same respect. I have never experienced the Sunday night blues of knowing that you are going back to work the next day as some people talk about. My job is a career that I never plan on retiring from because I genuinely enjoy working with my clients and seeing how their lives are benefitting from eliminating debt and by opening up a line of credit that can be used to help them for the rest of their lives. Every client’s story is a little bit different but they are all hoping to achieve a better life and I enjoy being a small part in that story.

Reverse Mortgages for Senior Citizens Contact John for a no pressure meeting.

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

434-249-2222

joconnor@MonticelloReverseMortgage.com • 434-249-2222 or Toll-Free: 866-201-4897 29 Stoneridge Drive, #207, Waynesboro NMLSID\372644 MLO\8039VA • Virginia State Corporation Commission MC-2457 (nmlsconsumeraccess.org)

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A Reverse Mortgage can significantly increase your quality of life in retirement years by eliminating debt and providing funds to keep up with the cost of living.

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

Find Homes Team REALTORS®

Your Realtor should be an Expert in the Housing Market. Call us today! With over 20 years of experience we are happy to serve you!

How do you determine the right time to sell your home? 

Are the rates you qualify for historically low?



Are your neighbors listing their homes?



Do you have a good amount of equity?



Has your Realtor customized a marketing plan for you?

NOMINATE ME Cynthia Hash

Associate Broker & Team Leader

434-337-3216

Integrity & Service is Our Motto! Each office independently owned & operated. Licensed to sell real estate in the Commonwealth of VA. If you have a relationship with another Realtor, this isn't a solicitation.

Buy and Sell Cville T Nominees: Candice &

NOMINATE ME

Candice Van der Linde @Candice_Realtor Buy and Sell Cville Team

Candice van der Linde, Realtor

Passionate about Help People SELL & BUY Resid Real Estate in the Charlottesville Area. We wait to connect with y & Share Some of our B Adventures!

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REMAX Realty Specialists

Call: 434-981-8730 Connect: BuyandSellCville.com Come visit: RE/MAX Realty Specialists

NOMINATE ME

943 Glenwood Station Ln #203 Buy and Sell Cville Team Charlottesville, VA 22901 Nominees: Candice & Bert Passionate about Helping People SELL & Buy BUY and Residential Sell Cville Team

Inside: FEBRUARY 26 - MARCH 3, 2020

A P U B L I C AT I O N O F T H E C H A R L O T T E S V I L L E A R E A A S S O C I AT I O N O F R E A LT O R S ®

FREE

A PUBLICATION OF THE CHARLOTTESVILLE AREA ASSOCIATION OF REALTORS® Charlottesville, Albemarle, Fluvanna, Greene, Louisa, Madison, Nelson, Orange, Augusta

REAL E S TAT E

Charlottesville: A Running Town for 40 Years CAAR Home Sales Report 4th Quarter 2019

Homebuyers Take Note:

Affordable Houses Available Now

AUCTION

Wed, Mar.18 at 12:30PM

March

Wednesday

SEASONAL PLEASURES:

Stepping Out in Central Virginia BY KEN WILSON

201 CARDINAL LANE, WINTERGREEN RESORT

SEASONAL PLEASURES: Stepping Out in Central Virginia

5 FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

What’s

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VOL. 29 NO. 8 n FEBRUARY 26 - MARCH 3, 2020

Commercial Properties

on Lakeside Dr • 4.8 Acres • 2 Tracts Sale Site: Wyndhurst Meeting Place 105B Tradewynd Dr, Lynchburg, VA Property Location: 2326-2332 Lakeside Dr, Lynchburg, VA

• Opportunity for investment or development • Near major intersection with national retailers and restaurants including The Fresh Market, Petco, Panera Bread, and more • 383’ of frontage on Lakeside Dr • Zoned B-5 w/ public water and sewer • Traffic count of 16,000 Vehicles Per Day • Site has been cleared by the DEQ. Paperwork available.

Popular Restaurant

BY KEN WILSON

OFFERED IN 2 TRACT Tract 1: 2326 & 2328 Lakeside Dr (2.37Ac) • (2) tax parcels #23026005 and #23026006 • 200’ of frontage on Lakeside Dr • Improvements include: • 3,416 sq.ft. restaurant built in 1945 leased by Country Kitchen since 1975 • 1,289 sq.ft. office built in 1950 (leased) • 1,520 sq.ft. pole building (leased) • 1,680 sq.ft. pole building (leased) • Current income is $2,810/month

Convenience Store

Issue: IN EVERY

Car Wash

Tract 2: 2330 & 2332 Lakeside Dr (2.408Ac) • (1) tax parcel #23026003 • 183’ of frontage on Lakeside Dr • Improvements include: • 3,062 sq.ft. gas station and car wash (selfservice only; owner operated) • 735 sq.ft. office with lower level storage

News & Views ....................................7

REAL ESTATE NEWS

CAAR Homes Sales Report 4th Quarter 2019 ......................... 8-10

Charlottesville: FEATURES A Running Seasonal Pleasures: Stepping Out in Town for Central Virginia ............................... 12 40 Years Homebuyers Take Note:

take the Lynchburg DIRECTIONS: Expressway / US-501N to US-221 intersection. RIGHT on Lakeside Dr. 1/4mi on left. OPEN: by appointment

Two Offices

TERMS: 10% deposit. Closing on or about 30 days. 5% buyer’s premium. Complete terms online.

Complete details at:

BY KEN WILSON

BY CARLA HUCKABEE

NEXT WEEK: COUNTY OVERVIEW: AUGUSTA

AUGUSTA’S PROUD HISTORY

Affordable Houses Available Now....... 16

COMMUNITY

Charlottesville: A Running Town for 40 Years..................................... 28 BY CARLA HUCKABEE

Commercial Real Estate ........... 24-26 Home Sales Stats ..............................30

www.TRFAuctions.com

Two Pole Buildings

TRF

AUCTIONS

Torrence, Read, & Forehand

TRFAuctions.com 434-847-7741

101 Annjo Court, Forest, VA 24551 | VAAF501

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FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

A DREAM HOME IS GREAT, BUT THE RIGHT ONE IS BETTER. Let an agent who knows guide you.

$360,000

680 BEAVERDAM RD. KESWICK $199,900

Bev Nash

Ruth Guss

434-981-5560

• • • • • • •

• 1,720 sf, 3 bedroom, 2 bathroom, log home • 2.3 level and wooded acres • Built in 1988 • There is a real fireplace in the family room • Covered front porch and a storage shed • Oil furnace and a home Generator

707 Rosewood Dr.

$262,000

FLUVANNA COUNTY

434-960-0414

3 bedrooms, 2 full baths 1,730 Fin. Sq. Ft. 19 +/- Acres Open & ready to be fenced for animals Quality brick home with “good bones” needs cosmetic TLC Brick, detached 2 car garage with electric opener In-ground pool, just needs a new liner MLS #594708

122 BOXWOOD CT

133 BLUE RIDGE DR

Shannon G. Hudson

$424,900

540.661.2083

• Classic home in a classy neighborhood • 5 bedrooms w/3 masters, 4.5 baths • Landscaped w/brick courtyard & fountain • Partial basement w/1 car garage • Sunroom, FP, built in bookshelves

STONEY RIDGE

7102 Blackwells Hollow Rd

MLS 589947

UNDER CONTRACT

NEW CONSTRUCTION

Dan Corbin

434-531-6155

Candice van der Linde 434-981-8730

• New 3 Bd, 2 Ba, One Level, 1550 sq ft

• Beautiful Cul de sac location, Wooded View • No HOA! Well & Septic = No Water Bills • Fluvanna Co, Near Schools, Hi Speed Internet • Many Upgrades, 2 Car Garage, Quality Local Builder • Wood burning F/P - Private Rear Deck • READY NOW - MLS 598132

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Cabin on the Tye

Dan Corbin

• 4 Bedroom 3.5 Bath Townhome. • New in 2020-Italian Porcelain Flooring in Kitchen, Dining Area, New Granite Counters, Travertine Backsplash & Painted Throughout. • Open Living Space w Laundry & half bath • Blue Ridge Mountain Views, Gas Fireplace • MLS# 600335 • $359,000

$360,000

$327,000

434-531-6155

• Log Home on 29 acres near Crabtree Falls • 2 bedroom, 2 bath, Fireplace, Furnished • 400+ ft. on the Beautiful Tye River • Perfect Full Time, Weekend or Vacation Rental Home • Call agent about MLS 595601 Enjoy Nelson Co.!

434.985.0021 410 West Main Street Charlottesville, VA 22902 Downtown

Lori Click • • • • • •

Fluvanna County

434-326-7593

3 bedrooms, 2 full baths, 1,730 Fin. Sq. Ft. 19 +/- Acres, open & ready to be fenced for animals Quality brick home with “good bones” Needs cosmetic TLC Brick, detached 2 car garage with electric opener In-ground pool, just needs a new liner MLS #594708

Pat Burns • • • • • • • •

3 bedrooms 3 full baths Massive decking Beautiful stone fireplace Mountain Views Over 5 acres 3248 SF REDUCED! $440,000

$329,000

434-465-4444

901 Rougemont Ave

OPEN HOUSE SUNDAY* MARCH 1 * 11AM-2 PM

Candice van der Linde 434-981-8730 • Belmont 2 bedroom 1 bath • Completely remodeled home • Fenced yard, one level living. • Hardwood & tile floors • Must see! MLS#600090

434.974.1500 943 Glenwood Station Ln Suite 203 Charlottesville VA 22901

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NEWS & VIEWS

EAN FAULCONER INC. MCLFarm, Estate and Residential Brokers Farm, Estate and Residential Brokers 503 Faulconer Drive ∙ Charlottesville ∙ VA ∙ 22903

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

ROSEMONT DRIVE

Sophisticated, brick home built by Phil Speasmaker. Timeless design. Set on a private 6.3 acre lot with a spectacular white oak tree and mountain view. Bright, open spaces define the large kitchen/ living areas. Gracious foyer with long elegant windows and reverse staircase. Sunken living room with wet bar, family room has a large fireplace. Master suite includes a large sitting room, study alcove, 2 full baths and 3 closets. The large, beautiful pond is shared with 5 other owners. Set in one of the most lovely neighborhoods. $1,465,000

Following a year full of funding milestones for the Friendship Court redevelopment, Governor Ralph Northam announced on January 23 that the Friendship Court community is one of twenty-five affordable housing and homelessness reduction projects to receive a portion of $12 million in funding. The purpose of the funding is to increase access to affordable housing, reduce homelessness, and provide permanent supportive housing options for Virginians with intellectual and developmental disabilities. We are excited and grateful to be among the 25 communities to receive the funding.

What’s Happening Around Town? Hope’s Legacy Equine Rescue’s Family Fun Day March 21, 2020 Hold Your Horses! Do you have a horse or donkey lover in your household? Then join us for Hope’s Legacy Equine Rescue’s FREE Family Fun Day! Saturday March 21st, from 10 a.m. to 12 Noon, our Rescue will be open to visitors who have RSVP’d. Come meet our horses and donkeys and learn more about equine rescue.

MEN ON BOATS opens at Live Arts March 6, 2020 This rollicking comedy is history as you’ve never seen it before—without a single man in sight. Join a rag-tag team of explorers as they tell the story of the “discovery” of the Grand Canyon. According to the playwright, the characters in MEN ON BOATS were historically cisgender white males, but the cast should be comprised entirely

CALL SHARON

Over 25 years of Real Estate experience. email: callsharon.today@yahoo.com cell: 434.981.7200 WWW.MCLEANFAULCONER.COM

of people who are not. In short, the characters will be played by racially diverse, female-identifying, trans-identifying, gender-fluid, and/or non-gender-conforming actors. MEN ON BOATS is the Live Arts Mentor/Apprentice Program show for Season 29. In an effort to develop future theater artists both onstage and off, Live Arts pairs teenage apprentices with experienced theater professionals on the production team of a mainstage show. Learn more about the Mentor/ Apprentice Program on our website, or contact Education Director and Mentor/Apprentice Program Facilitator Miller Susen at miller@livearts.org. The Story In 1869, 10 explorers set off in four boats to explore and chart the rivers that ran through what would come to be known as the Grand Canyon. MEN ON BOATS is the true(ish) history of this expedition, when the one-armed Civil War captain John Wesley Powell led a crew of oddball volunteers as they braved almost 1,000 miles of rapids, rocks, drops, and mile-high canyon walls. This contemporary retelling of an old ripping yarn is replete with comedy and shows us that people, places, and things aren’t always what they seem. Ticket Information: $26 for adults and $22 for students and se-

niors. Tickets may be purchased at livearts.org or by calling the Live Arts Box Office at 434-977-4177 x 123. PAY-WHAT-YOU-CANWEDNESDAYS: Each Wednesday, Pay-What-You-Can Tickets are available at the Box Office, 12-4 p.m. and 7-8 p.m., in person, while tickets remain. About Live Arts: Live Arts, a nonprofit 501(c)(3) organization, is located in Downtown Charlottesville. Founded in 1990, Live Arts has been forging volunteer-driven community theater for more than 29 years. Live Arts is supported in part by a grant from the Virginia Commission for the Arts and the National Endowment for the Arts, and by the financial support of hundreds of theater lovers in our community.

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NEWS & VIEWS

Piedmont Housing Alliance Announces Friendship Court Phase 1 Redevelopment Receives $2 Million

Open to all ages; we’re planning fun activities for the whole family! This event is free but we do appreciate donations! Please RSVP online at www.hopeslegacy.com/events so we can provide you with farm directions and weather updates. (Group limited to 20 people.)

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Local Real Estate News

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REAL ESTATE NEWS

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

CAAR Homes Sales Report

While consumer confidence reand Fluvanna County (+23 sales). Both mains strong, data suggest some unGreene County and Louisa County had certainties about future economic a reduction in sales compared to last conditions among residents of the year, down 15% (-13 sales) and 9% (-17 South Atlantic region of the U.S., sales), respectively. The 4th quarter is which includes Virginia. The measure the first drop in sales for Greene Counof confidence in current economic ty since the spring of 2018. conditions continues to rise and was Sales Prices 174.4 in December. The measure of Median sales prices continue to consumers’ confidence in future ecotrend up in the CAAR housing market. nomic conditions fell to 102.9 in DeAt $308,170, the 4th quarter median cember. A level above 100 is positive, • $18,270 | Increase in median sales Market Report Key Takeaways sales price rose 6% from a year ago, an but this metric has been hovering price in the CAAR region in Q4-2019 increase of over $18,000. Most of the Economic Conditions slightly above and below 100 for the compared to a year ago region’s local markets experienced sales last few months. • The Charlottesville area economy is • $58 | Million dollars more in total price growth in the 4th quarter. Greene In the 1st week of January 2020, the strong, with steady job growth in the sold volume in the CAAR footprint in County led all jurisdictions in the area 30-year fixed-rate interest rate was 3.72, first half of 2019. Q4-2019 compared to last year with 13% median sales price growth virtually unchanged from a month ago • Low unemployment in the region has compared last year, a $32,000 jump. 2401 Southside Drto | North Garden 3425 Brae Ln and | Charlottesville 760 Golf View Dr | Crozet• -5 | Days faster average daysLoch on marthree-quarters of a point lower made it challenging for local busiThe City of Charlottesville also had relket for the CAAR footprint in Q4than last January. This long period of Country home on 7 acres with mountain views. Great Room South Fork Farms 15 minutes south on Rt 29. Large Incredible value in Old Trail. Light filled, energy efficient nesses to find workers to fill vacant atively strong price growthfloors in the 4th tovaulted a year ceilings, ago first floor master, low interest rates continue Colonial on 4.32 acres. 4 BR, 2.5 BA. Hardwood with reclaimed heartwill pinelikely Peak Construction home w/mountain views. 2019 Charmcompared and positions. quarter, climbing 7%, a gain of nearly throughout the first floor, large kitchen w/breakfast nook, new country kitchen andinto 2 fireplaces. Additional quality finishes throughout- shiplap, extensive trimwork, 2020, which helps create favorable • 3.5 | Months floors, of supply in the CAAR • Permits newand residential construc$24,000. Albemarle County was the family room with fireplace, dining room & formal LR. boat. Private setting. quartz,for marble granite! Master suite & finished basement. carport will house your RV andhousing market conditions. footprint in Q4-2019, which is down tion leveled off at the end of 2019, only jurisdiction to have a drop The national housing market con- | montaguemiller.com/mls=598376 in the $650,000 | montaguemiller.com/mls=597845 $411,950 from a year ago $575,000 | montaguemiller.com/mls=5873 66 with the paceLaurel of new construction median sales price, falling 7% from the tinues to perform fairly well. Growth Smith | 808.280.6431 Anita Dunbar | 434.981.1421 Doug Burke | 434.951.7122 still lagging behind what is needed to 4th quarter of last year, a drop of nearly Economic Overview in wages and continued low mortgage meet pent-up demand. $26,000. Sales prices have been trendThe Charlottesville area economy has rates have been factors in the market ing up in the CAAR footprint consisbeen performing well, with strong job • Consumer confidence remains strong, performance. Existing home sales tently for several years, largely due to growth through the first half of 2019 though there are some indications of have generally been on a slow upward shrinking inventories of active listings (the latest data available). Between June growing uncertainty about the future trend since the spring of 2019. New and strong buyer activity in the market. 2018 and June 2019, the region added economic conditions. home sales declined slightly through 1,846 net new jobs, continuing several the spring and summer but rebound• Interest rates have remained relatively Sold Volume months of strong job growth. ed in the last quarter of 2019. unchanged for the past few weeks and The additional sales transactions The biggest gains in the region have are expected to remain low into 2020. and rising home prices in the 4th quarHousing Market Overview been in the Health Care & Social Assister led to a strong gain in the sold dollar For the 2nd quarter in a row, there OK volume in the CAAR region. There was Housing Market Conditions tance and Educational Services sectors, were more sales transactions in the which added 1,400 jobs and 842 jobs, • Housing market conditions were approximately $408 million in sold volCAAR housing market compared respectively, between June 2018 and strong overall in the CAAR footprint ume in the 4th quarter, which is about to last year. Albemarle and Fluvan2072 Timber Pointe Rd | Charlottesville Birch 222 Old Lynchburg Rd | Charlottesville June 2019. There were also84 gains inWay the | Barboursville in the 4th quarter. There were more $58 million more than the 4th quarter na Counties drove much of the sales Administrative Support 4(+292 jobs), Attractive cape-cod homeThis in a great location home inthe Forest Lakes community! This home Renovated BR home in spatial Preddy Creek. No HOA salesCharming transactions, median sales of style last year. represents theinlargest growth this quarter. Home prices are Arts, Entertainment & aRecreation (+188 Fry’s Spring. 4 BR, 2 BA home with off street parking. features an by extensive open room fee, but very will maintained subdivision with pride of price climbed $18,000, andyard, the large sold family sold volume gain for the region in 2 rising much ofExcellent the region; proximity to UVA. Walkable to shops, with fireplace, & cabinet-lined kitchen. Second ownership. Newjobs), roof, carpet, & throughout granite counters. jobs),level Manufacturing (+119 and paint volume surged up nearly $58 million Albemarle County led all jurisdictheprivate median the CAARFry’syears. Spring Beach Club and Wegmans. offers 4 bedrooms including a large master suite. counters upgrades. backsales yard.price inrestaurants, Professional & granite Technical Services (+73 Large compared to last year. tions in sold volume growth, surging footprint climbed more than$275,000 $18,000 | montaguemiller.com/MLS=595427 jobs) sectors. Both $344,900 the Retail Trade and $335,000 | montaguemiller.com/mls=59771 | montaguemiller.com/mls=591830 up 29% in the 4th quarter compared • Homes sold about 5 days faster, on avin the 4th quarter compared to last Carter Montague | 434.962.3419 New Leaf Team | 434.260.8980 Brad Conner Construction sectors experienced rela- | 434.953.8124 to last year, a $49 million increase. Fluerage, in the region, a reflection of the year, the strongest growth in over a tively large job losses in June. vanna County also had strong gains, up shrinking inventory of active listings, year. The additional sales transactions The unemployment rate in the 30% from last year, an $8 million jump. which declined 3% in the 4th quarter and boost in prices led to a $57.6 milCharlottesville region was 2.2% in NoNelson County had the largest decline compared to a year ago. lion surge in sold dollar volume across vember 2019, lower than the statewide in sold volume, falling 7% from a year the region. Homes sold about 5 days Key Trends Dashboard, CAAR unemployment rate. The tight labor ago, a $2 million reduction. The housfaster, on average, in the 4th quarter market continues to make it difficult ing market growth that has occurred • 1,846 | More jobs in the CAAR footcompared to last year, and the invenfor businesses to find workers to fill broadly in much of the region over the print between Jun-2018 and Jun-2019 tory of active listings continues to vacant positions. past several years is reflected by the sold trend down at a moderate pace (-3%). • 2.2% | Is the Nov-2019 unemployNew residential construction activdollar volume, which has now climbed Strong regional job growth and very ment rate in the CAAR footprint, ity in the Charlottesville Metropoliin 18 out of the past 20 quarters comlow unemployment and mortgage OK which is up slightly from Oct-2019 tan Statistical Area (MSA)1 remained pared to the prior year. interest rates continue to fuel much • 174.4 | Is the present situation consteady in the second half of 2019. In of the activity in the CAAR housing Market sumer confidence index level the Charlottesville 300 Riverbend Dr for | Charlottesville 1701Days 3rd Ston | Waynesboro November 2019, there2448 wereAbington 100 per- Dr |market. These trends likely will not The average days on market continSouth Atlantic region economy in mits issued for new residential housThis Brick Front Townhome is walking to months. Great light filled 2nd floor corner condo in Riverbend. One Story Cape Cod Style 2 BR home with relaxing change indistance the coming ues to trend downward in the CAAR Dec-2019, which is up from one year ing units, is up 14.9% theBeautiful LIGHT-FILLED Hollymead Townover Center. The “Potomac” model features a unique flowing floor which covered front porch. This charming home features large housing market. Homes that sold in the prior number in November 2018. Saleshas an ISLAND & 2-car garage attached. Kitchen plan with 2 large master suites, each with en suite fullissued with bedrooms, ample sized closets, and a nice sized Kitchen4thConvenient quarter were on the 64 days, breakfast nook. OPEN CONCEPTSales LIVING on firstcontinues floor. bath. Pool, Fitness Center and Clubhouse. Dining combo area. location formarket commuting. Through November, there have activity to expand • 102.9 | Community Is the consumer expectations on average, which is 5 days less been a total of 1,091 permits issued in the CAAR regional housing mar- | montaguemiller.com/mls=598714 than a index$215,000 level for the South Atlantic re| montaguemiller.com/mls=595698 $275,000 | montaguemiller.com/MLS=598702 $120,000 ago. The low supply of active listket. There were 1,041 sales in the 4thKyle year for new residential construction in the | 434.962.1419 gion economyTrish in Dec-2019, which is Carol Costanzo Owens | 434.825.5393 Olson | 540.649.4131 ings continues to push this metric down. quarter, a 7% gain from a year ago, repregion. About 60% of those permits down from one year prior Albemarle County, which accounts for resenting salesdecades. transacfor single-family| homes, andCentral 40% 800.793.5393 Serving Virginia72 foradditional over seven • 72 | MONTAGUEMILLER.COM More home sales in the CAAR |were most of the sales activity in the CAAR tions. Most of the additional sales ocwere for units in multifamily buildfootprint in Q4-2019 compared to CHARLOTTESVILLE | AMHERST | MADISON | CULPEPER | ORANGE footprint in any given quarter, is pulling curred in Albemarle County (+60 sales) ings (both rental and condominium). last year

4th Quarter 2019

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3859 PRESIDENTS ROAD

Bev Nash

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Ruth Guss

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434-960-0414

• 4 Bedroom, 3 Full Baths, 3,300+ Sq. Ft. • Beautiful Solid Oak Floors on Main Level • Granite Counter Tops & Stainless Appliances • New Master Bath with Tiled Shower • Side Screen Porch, Circular Paved Driveway • Stone Robinson Elementary School District

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133 BLUE RIDGE DR

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#COMINGSOON IN TURT 2 UNITS AVAILA Shannon G. Hudson

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117-3: $170,000 102-3: 7102 Blackwells Hollow Rd MLS 589947 $163,000

COMING SOON IN LAKE REYNOVIA

REAL ESTATE NEWS

707 Rosewood Dr.

ALBEMARLE COUNTY

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

COMING S

NEW CONSTRUCTION

434-531-6155

• New 3 Bd, 2 Ba, One Level, 1550 sq ft • Beautiful Cul de sac location, Wooded View • No HOA, Well & Septic = No Water Bills • Many Upgrades, 2 Car Garage, Quality Local Builder • Fluvanna Co, Near Schools, Hi Speed Internet • Still time to pick colors. Ready Feb 2020 • MLS 598132

Cabin on the Tye

Dan Corbin

Candice van der Linde 434-981-8730

• 3 bed 2 full bath one level single family home. • Screened porch addition for year round enjoyment. • Private yard. • Split bedroom design with gleaming hardwoods & tons of natural light. • Large garage w workshop space & Extended driveway • Offered at $347k

$360,000

$327,000

434-531-6155

434.985.0021 410 West Main Street Charlottesville, VA 22902 Downtown

Lori Click • • • • • •

Pat Burns • • • • • • • •

Fluvanna County

434-326-7593

3 bedrooms 3 full baths Massive decking Beautiful stone fireplace Mountain Views Over 5 acres 3248 SF $465,000

MLS# 598510

434-465-4444

TURTLE CREEK

Candice van der Linde 434-981-8730 • • • • • •

2 UNITS AVAILABLE 2 Bed 2 Bath w/Solarium Superiorly well maintained Tenants until Spring 2020 Keep as an investment or owner occupy May work out a deal for cash buyers obtaining both units • 117-3: $170,000 - 102-3: $163,000!

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

Dan Corbin

Superiorly well maintained Tenants until Spring 2020 434.974.1500 Option to keep as an investmen 943 Glenwood Station Ln Suite 203 May work out a deal for cash bu Charlottesville VA 22901 both units

the average days on market down for the region. At 56 days, the average days on market in Albemarle County is 9 days less than last year. While homes are selling faster in Albemarle County, the average days on market has been trending up in several local markets in the region. The City of Charlottesville and Fluvanna County have had rising average days on market for the past several quarters, which could be an early signal of changing market conditions, or possibly a mismatch between the homes available and the types and/or prices of homes sought after by buyers.

Inventory The inventory of active listings continues to decline at a moderate pace in the CAAR region. There were about 1,316 active listings at the end of the 4th quarter, which is 45 fewer listings than a year ago, a 3% drop. For the 2nd quarter in a row, Nelson County had the largest inventory decrease, with 38 fewer active listings on the market compared to a year prior. After nearly 2 years of expanding inventory, the City of Charlottesville had a reduction of active listings in the 4th quarter, with 8 fewer listings compared to a year ago. Greene County continues to have the most consistent supply growth, with 17 more active listings than a year ago, the 6th increase in the past 7 quarters. The tight inventory in the CAAR footprint reflects similar trends occurring throughout the State and beyond, which are putting upward pressure on home prices and causing affordability challenges in

VOL. 28 NO. 26 n JUNE 26 - JULY 2, 2019

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A P U B L I C AT I O N O F T H E C H A R L O T T E S V I L L E A R E A A S S O C I AT I O N O F R E A LT O R S ®

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many local markets. There was approximately 3.5 months of supply at the end of the 4th quarter in the CAAR regional housing market, down from 3.7 months last year.

About VR The Virginia REALTORS® (VR) association is the largest professional trade association in Virginia, representing nearly 34,000 REALTORS® engaged in the residential and commercial real estate business. The Virginia REALTORS® association serves as the advocate for homeownership and private property rights and represents the interests of real estate professionals and property owners in the Commonwealth of Virginia.

About CAAR The Charlottesville Area Association of REALTORS® (CAAR) represents more than 1,300 real estate professionals in Charlottesville and Albemarle and the surrounding areas of Fluvanna, Greene, Louisa, and Nelson counties. If you have a question about today’s market, contact a REALTOR® today using mycaar. com for residential properties and cvcmls.com for commercial properties. NOTE: The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics. 1 The Charlottesville MSA includes Charlottesville City, Albemarle County, Buckingham County, Fluvanna County, Greene County, and Nelson County WWW.CAAR.COM

VOL. 28 NO. 20 n MAY 15 - MAY 21, 2019

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Celebrating the Fourth:

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

Honoring Patriots, Celebrating Freedom BY KEN WILSON

ALSO:

Quick Fixes for the Nearly Perfect Home

Walkable Neighborhoods W Commercial Real Increasingly Popular EstateSection

We’ve Got Central Virginia

Living in a

College

Town: So Much to Love! BY KEN WILSON

Real Estate Weekly

CAAR

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

REAL ESTATE NEWS

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

VOL. 28 NO. 1 n JANUARY 2- JANUARY 8, 2019

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Meet a Remarkable Lineup of Authors at the 25th Annual

Snow

Sports:

Virginia FESTIVAL OF THE

BOOK

BY KEN WILSON

Slipping and Sliding at Wintergreen and Massanutten BY KEN WILSON

ALSO: Nelson County:

Spectacular Scenery and Affordable Home Prices

HOMEBUYERS: Zero Down Home Financing Now Available

Knowledge, experience and professional expertise! Working to help Buyers and Sellers meet their real estate needs. Call or text Cheryl at 434.531.3829

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

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26 Farmhouse Inspired Homes Across from Crozet Park

FEATURE

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

M CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

other Nature may not have made up her mind, but we have. Never mind the weather, good or bad or tolerable. Life’s too short not to browse stalls at a crafts festival, go laugh at the Harlem Globetrotters, or go get laughed at doing a mud run named for a Revolutionary War general. What is there to do here this time of the year? What isn’t there, you mean. Have a look.

Mad Anthony Mud Run “Mad” Anthony Wayne would appreciate Waynesboro’s Mad Anthony Mud Run, and he might even win it. Waynesboro’s namesake earned his nickname as a brigadier general in the Revolutionary War, where he stormed the British fort in Stony Point, New York, boosting Colonial morale. Known for his personal courage and his tactical boldness, he would be impressive at hurtling, climbing, and crawling through obstacles like tires, tunnels, hay bales, rope walls, and whatever else the course designers come up with this year. The lowest recorded temperature in the first seven years of the race was

Seasonal Pleasures:

Stepping Out in Central Virginia BY KEN WILSON

nine degrees Fahrenheit. That’s not quite Valley Forge, but it’s cold unless you’re a pig. Registration for the 8th Annual Mad Anthony Mud Run in Coyner Springs Park is $60 plus sign-up fee. The run will begin Saturday, February 29 at 9:00 a.m. The last participants to be officially counted will slog to the finish line around 11:15—but it’s not like any of them are going to look their best. Hail the gritty and bedraggled! Let their fun begin!

Lenten Baroque The music of Johann Sebastian Bach is “Ever Ancient, Ever New” as played by Charlottesville’s Three Notch’d Road, The Virginia Baroque Ensemble. Continuing their cycle of Bach cantatas, on Friday, March 6 at 7:30 p.m. in Staunton’s Trinity Episcopal Church the 17-person ensemble will present Bach & Nowakowski on the Soul’s Awakening for Lent featuring penitential music of J.S. Bach from various sacred works, including arias from

his famous Matthäus-Passion and Johannes-Passion and solo organ works. Three Notch’d Road will also give the world premiere of a work it has commissioned from American composer Mark Nowakowski. Entitled Quo Vadis and scored for three singers and instrumental ensemble, the text recounts a Christian tradition that while fleeing certain martyrdom, St. Peter saw a vision of Christ, asking him, “Quo vadis/Where are you going?” Chastened, Peter returned to his duty and ultimately his own crucifixion in Rome. Tickets are $25.

Richmond Ballet at Piedmont Virginia Community College Founded in 1957, Richmond Ballet is the state ballet of Virginia, and a critic’s favorite when it dances out of state. The fine 28-member company returns to PVCC on Wednesday, March 11 at 7:30 p.m. with another exciting evening-length program of classic 20th century works, to music by Tchaikovsky (Suite No. 3 for Orchestra in G major, Op. 55) and Carl Orff (Carmina Burana). Tickets are $23 for adults and $17 for students.

James Madison’s Birthday and Wreath-Laying Ceremony

Nelson County’s Wintergreen Resort is a four-season place to play, or to wander. Kathie Driscoll is Education Director at The Nature Foundation at Wintergreen, and knows the best places to roam. Driscoll will lead a hike in search of early spring wildflowers along Mau-Har Trail from Rt. 56 for a healthy seven miles to Reed’s Gap on Thursday, March 19, from 9:00 a.m. to 3:00 p.m. This hike is rated strenuous. Water, lunch and hiking shoes are required, and participants must be able to safely complete a moderate hike for at least two hours at an elevation over 3,000 feet. The advance fee is $10.

Hope’s Legacy Equine Rescue Family Fun Day Working with the young to teach responsible equine care—that’s the mission of Hope’s Legacy, situated on 172 acres in western Albemarle County. Founded in 2008 with just one donkey, the non-profit group has since taken in over 250 horses, ponies, mules, and donkeys, sheltering them from neglect, abuse, and abandonment, and sometimes taking over for owners no longer able to care for their creatures. Today, Hope’s Legacy cares for horses and donkeys ranging in age from 3 to 35-years-old. Hope’s invites the public to join them for a free Hope’s Legacy Equine Rescue Family Fun Day from 10:00 a.m. to 12 noon on Saturdays March 21 and May 16. Come meet Donkey, Dolly, and other animals, and enjoy volunteer-led outdoor activities like a scavenger hunt. These events are free of charge, but donations are greatly welcomed. Space each day is limited to the first 20 registrants, so register early.

Shenandoah Valley Plant Symposium With spring soon a-poppin’, to the especial delight of gardeners and their lucky spouses, the Ninth Annual Shenandoah Valley Plant Symposium at Waynesboro’s Best Western Inn and Conference Center Friday, March 20 from 8:00 a.m. to 4:15 p.m., is coming right on time. Subtitled A Gardener’s Palette, the symposium will feature five presenta-

Virginia Spirits Roadshow Crafting spirits—or hard liquor, in more common parlance—is not just for corporate giants any more. Like the craft brewing industry before it, and aided and abetted by cocktail culture, distilling has become a hip hobby and then a professional occupation for a whole generation of super-taster “creatives.” Naturally this crew and their fans hold their own meet-ups and competitions. Hence the Virginia Spirits Roadshow, Saturday, March 28 from 12 noon to 5:00 p.m. in Charlottesville’s IX Art Park. Ticketholders can sample artisan spirits from thirteen Virginia distilleries, plus craft cocktails and samples of Caiseal Beer, while mixing and mingling with Virginia distillers. A food truck from 106 Street Food in Charlottesville will also be on hand. Advance tickets are $20 for one or $35 for two people. Day of tix are sold individually only and are $30. Designated driver tickets are complimentary. The event will take place rain or shine.

Crozet Arts & Crafts Festival Decorative and wearable fiber, wood, glass, jewelry and metal, and even painting—the good burghers of Crozet are a creative lot, which is why the Crozet Arts & Crafts Festival will celebrate its 40th anniversary this spring, May 9 and 10 in the city’s expansive Claudius Crozet Park. The 10th is Mother’s Day—bring Mom and let her pick out her present (within limits, Mom). While she’s looking, take in some craft demonstrations. Park the kids at a children’s play area or baby care station, or let them enjoy activities like face painting and interactive musical performances from Kim and Jimbo Cary.

You don’t care much for art? You’ve hated crafts since your fourth-grade teacher laughed at that necklace you made for your sister? Come for the music! Crozet’s own Skyline Country Cloggers will turn out old-tyme Appalachian dance tunes, while Otra Vez will play Argentine tango numbers, “existential waltzes” (ponder with your partner), and original compositions. The eclectic acoustic sounds of Wicked Olde are wicked goode, whether they’re covering Big Walter Horton (Chicago blues), Hank Williams, Bill Monroe, George Gershwin or Jackson Browne, or whipping off a lively Celtic reel. Zuzu’s Hot 5 will channel Fats Waller, early Louis Armstrong, and Bessie Smith. The Oversteppers are bringing de rock and de reggae, ‘mon. Driftwood Radio will dazzle the adventurously inclined with virtuosic combos of flamenco, blues, tango, and “imaginary folk music traditions.” Last but not least, the Western Albemarle High School Jazz Ensemble will prove that “The Kids are Alright.”

Here’s the schedule: Saturday May 9 10:00 a.m. - 10:45 a.m. Skyline Country Cloggers 11:00 a.m - 12:30 p.m. John Wyant Band 1:00 p.m. - 3:00 p.m. Zuzu’s Hot 5 3:30 p.m - 5:30 p.m. The Oversteppers

FEATURE

Central Virginians are fortunate to have the estates of three Founding Fathers and United States presidents on home territory. James Madison’s Montpelier in Orange County will commemorate our fourth president’s 269th birthday on Monday, March 16 at 1:30 p.m. with a wreath-laying ceremony, followed by tours and a book talk. The commemorative wreath-laying ceremony at the Madison Family Cemetery will feature the United States Marine Corps Band, Honor Guard, Color Guard, and Firing detail. Pre-ceremony music will begin at 1:10 p.m., and the official ceremony will commence at 1:30 p.m. The Honorable Abigail Spanberger (VA-07), U.S. House of Representatives, will be the featured speaker. In the House, Mr. Madison, or a close likeness, will accept birthday wishes. Signature Tours will be offered every 30 minutes from 10:00 a.m. to 4:00 p.m. A special in-depth tour highlighting Madison’s role as Father of the Constitution will be offered at 11:00 a.m. and 3:00 p.m. Advance tickets (Adults $22, Kids $9) may be purchased online. Following the Ceremony, in the Grand Salon at the David M. Rubenstein Visitor Center from 3:00 p.m. to 5:00 p.m., Dr. Henry P. Williams, former Wall Street and international investment banker, will discuss his book Turkey & America: East & West-Where the Twain Meet.

Journey to High Places

tions by master gardeners with a wide range of horticultural experience. Scott Beuerlein, whose original talk title, “Good Trees for Bad Places,” was determined by a committee of sobriety-challenged but internationally renowned horticulturists to need “an upgrade,” will now speak on the subject of “Badass Trees for Piss Poor Places.” Scott is the Manager of Botanical Garden Outreach at the Cincinnati Zoo & Botanical Garden. Self-described “professional plant geek” Paul Westervelt of Saunders Brothers Nursery in Piney River will talk about distinguishing between legitimately superior new cultivars and those that are simply new on the market. Other presentations will be Native Plants: Facts and Fallacies, Designing for Wildlife, and Special Effects in the Landscape. Registration is $90 before March 9 and $100 afterward.

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

It’s amazing how silly a man can look with a ball in his hand—or a ball that was in his hand until a moment ago, that he doesn’t even know has been stolen and is now soaring toward the basket for . . . “three points!” The world-famous Harlem Globetrotters have made their opponents look silly, and made them enjoy it, since first being formed in 1926—not in uptown New York, but on the South Side of Chicago. First as an offbeat attraction at Harlem’s famous Savoy Ballroom, and since then in more than 26,000 exhibition games in 124 countries and territories, the men—and now women too—of the ‘Trotters dazzle audiences and their longstanding but not longsuffering opponents, The Washington Generals, with hilarious hijinks, incredible ball handling, and heart-stopping high flying dunks. The latest Globetrotters will bring their all-new show, “Pushing the Limits” to the John Paul Jones Arena on Thursday, March 12 at 7:00 p.m. It’s a family show that no family could forget.

The book transports the reader across two millennia of competing and cooperating cultures, in an often bloody and sometimes triumphant story of war and peace. Williams will connect dots, familiar and unfamiliar, that led to the American Founding, and will address the existential challenges of current East-West dynamics. Book signings and light refreshments will follow the talk.

Sunday May 10 10:00 a.m. - 10:50 a.m. WAHS Jazz Band 11:30 a.m. - 12:30 p.m. Driftwood Radio 1:00 p.m. - 3:00 p.m. Wicked Olde 3:30p.m.- 4:00 p.m. Miles Pearce 4:00 p.m. - 5:00 p.m. Otra Vez The Crozet Arts & Crafts Festival will be in swing from 10:00 a.m. to 5:30 p.m. on Saturday May 9, and 10:00 a.m. to 5:00 p.m. on Sunday, May 10. Admission is $7 for adults $7 for a single day, and $13 for the weekend. Seniors 65 and over pay only $6 for one day and $11 for both. Children 12 and under get in free. Onsite parking is also free of charge. Because most exhibitors will be under the big tents or pavilions, the Festival will go on, rain or shine. Pets will not be allowed in the tents or pavilions. Music and dance and sport; planting and pruning and caring for creatures. Here in Central Virginia we can have it all.

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

Harlem Globetrotters

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

503 Faulconer Drive Charlottesville · VA · 22903 p: 434.295.1131 f: 434.293.7377 e: homes@mcleanfaulconer.com

MCL EAN FAULCONER INC. Farm, Estate and Residential Brokers INGLECRESS

LA FOURCHE

Historic c. 1788 gem in the heart of Keswick, restored and updated. Main house with attached tavern and party barn on 4 acres. Views of Southwest Mountains. Minutes to Charlottesville & UVA. MLS#587033 $2,250,000 C. Dammann, 434.981.1250

RAGGED MOUNTAIN FARM

West of Charlottesville, near Ivy, is this beautiful 92-acre home on elevated site with 4 BR, 4.5 BA, including huge master suite on main level and 3-car garage. MLS#595833 $2,475,000 Jim Faulconer, 434.981.0076

INGLECRESS

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

Designed by Dick Shank of Shank & Gray Architects. First-floor master bedroom with bath. Second level contains 4 additional bedrooms and 2 full baths in sought-after, close-to-town location. MLS#581994 $965,000 Steve McLean, 434.981.1863

Tucked on a private 4+ acre, beautifully wooded, secluded lot minutes west of town is this stunning, Jay Dalgliesh designed 3-BR, 4-BA home, LR with FP, DR, and eatin kitchen. Extraordinary light throughout the home from numerous large windows and skylights. Lot adjoins Ivy Creek, contains pond and wonderful walking trails throughout the perimeter of the neighborhood. MLS# $945,000 Steve McLean, 434.981.1863

CABIN AT TURTLE CREEK

Beautiful country home set on 39.6 private acres at the foot of the Blue Ridge, featuring a well-designed home with multiple living rooms. The property includes a three-bay utility room and a guest house. MLS#587914 $4,475,000 Steve McLean, 434.981.1863

YELLOW MOUNTAIN

A perfect combination of open fields and woodland with expansive long range views from several homesites on this 75+ acre estate parcel. Property shares a common border with Mint Spring Park. MLS#587056 $975,000 Charlotte Dammann, 434.981.1250

QUAKER GLEN FARM

701 acres nestled against the Blue Ridge. Featuring 20 acres in apple orchards, perfect for a first-class vineyard. Convenient to Camp Hoover, Shenandoah National Park, and many fabulous hiking trails. MLS#588709 $2,795,000 Jim Faulconer, 434.981.0076

KENRIDGE

Elegant villa offering easy living and walking distance to Farmington, Birdwood Golf Course, & Boar’s Head Resort. Many stunning features including chef ’s kitchen, hardwood flooring, & built-in bookcases. MLS#588077 $945,000 Steve McLean, 434.981.1863

MEADOW HILL FARM

C. 1910 traditional Virginia farmhouse located in Greenwood estate country 15 miles west of Charlottesville. Nice mix of open pasture land. Elevated home site provides generous views of the Piedmont country side. 6 BR, 5.5 BA, 6 FP, rich pine and oak hardwood flooring throughout, high ceilings at all levels, modern baths and appliances, home systems in first rate condition. Guest cottage with full bath. MLS#595248 $2,100,000 Mark Mascotte, 434.825.8610

BRAMBLEWOOD

522-acre sanctuary with a magnificent manor home, two other residences, and a barn, in a beautiful and private setting in the heart of Keswick. MLS#595091 $6,700,000 Jim Faulconer, 434.981.0076 For full details, visit: www.BramblewoodVa.com

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503 Faulconer Drive Charlottesville · VA · 22903 p: 434.295.1131 f: 434.293.7377 e: homes@mcleanfaulconer.com

MCL EAN FAULCONER INC. Farm, Estate and Residential Brokers

BLUE RIDGE MOUNTAIN VIEWS

BLANDEMAR FARM ESTATES

25.4 acres with varying topography and amazing rock outcroppings. Unique design opportunities to create a stunning residence with magnificent views. Convenient to Charlottesville & UVA. Fiber optic available. MLS#593358 $554,000 C. Dammann, 434.981.1250

EDNAM

Quality-built, spacious home priced to sell below tax assessment value!!! Brick home, 5 bedrooms, 4 full baths, including main level master suite. Walking distance of renovated Boars Head Resort. MLS#591365 $785,000 Jim Faulconer, 434.981.0076

R ED

C ED

248-acre property convenient to Charlottesville. Gently rolling land, streams, pasture, woods, and privacy. Numerous building sites, c. 1860, 3-bedroom 2-full-bath farmhouse. MLS#584740 $1,850,000 Steve McLean, 434.981.1863

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

SCUFFLETOWN ROAD

INDIAN RIDGE DRIVE

This is the VIEW LOT that you are looking for. Sweeping Blue Ridge views for miles. 5 acres open, remaining 8+ acres in woods. Well in place. Bring your builder or architect. 15 minutes to Hollymead Town Center. MLS#590233 $399,000 Tim Michel, 434.960.1124

AUTHENTIC LOG CABIN

Wintergreen Mountain private setting near common space, Appalachian Trail, spa, golf, and ski slopes. 4-bedroom, 3-bath, quality features: post and beam interior, stone FP, OFFERED FURNISHED. MLS#591549 $475,000 Jim Faulconer, 434.981.0076

R ED

Elegant contemporary house on nearly 6 acres. The home features high ceilings, a luxurious master suite, and a basement with a bath, sauna, and space for a rec room, home theater, or additional bedroom. MLS#588408 $590,000 Steve McLean, 434.981.1863

LAKE ALBEMARLE ROAD

Great 2+ acre residential building lot in Western Albemarle. The lot is partly wooded with an ideal, elevated homesite location. Meriwether Lewis School District! MLS#598534 $98,500 Steve McLean, 434.981.1863

RIVER LAWN

Delightful combination of wood and pastureland with a spectacular bluff for a building site overlooking the James River. Property is under easement with the Virginia Outdoors Foundation. MLS#569753 $745,000 Steve McLean, 434.981.1863

GLENMORE

0.75 acre lot on a quiet cut-de-sac near lovely Lake Lochen. One of the few exceptional lots left with the location, size, and diversity of this lot. MLS#599250 $269,000 Steve McLean, 434.981.1863

IVY

Exciting four-bedroom, four-and-half-bath residence privately situated on 5.43 acres. Two master suites and spacious flexible main rooms for comfortable living. Quick drive to UVA and town. MLS#595565 $719,000 Charlotte Dammann, 434.981.1250

EXCEPTIONAL LARGE ACREAGE

2 private estate parcels in coveted Ragged Mountain Farm.Excellent building sites,beautiful Blue Ridge views in the Western Albemarle school districts. 84.79 acres: MLS#563174 $995,000; 100.22 acres: MLS#563171 $1,100,000 Steve McLean, 434.981.1863

WWW.MCLEANFAULCONER.COM

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LONESOME MOUNTAIN ROAD

5-acre lot that has not been available for many years. This country but close to town location is conveniently located with quick access to Historic Downtown Mall, UVA, NGIC, airport, and North Fork Business Park. MLS#593160 $250,000 C. Dammann, 434.981.1250

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

REAL ESTATE NEWS

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

s r e y u b e Hom : e t o N Take

Affordable Houses

AVAILABLE NOW

Twenty-nineteen was another banner year for the local real estate market with good news for both buyers and sellers. Fourth quarter figures from CAAR (Charlottesville Area Association of REALTORS®) show an impressive seven percent increase in year-over-year home sales. And, sellers appreciate the $18 thousand increase in the median sales price that accompanied declining inventories of resale homes. In addition, new construction sales were up 12 percent (749 to 837) compared to the last quarter of 2018, says Michael Guthrie CEO and Principal Broker at Roy Wheeler Realty Co. There is good news for buyers as well, as “the new home median sold price decreased from $429,900 in 2018 to $362,000 in 2019,” Guthrie says, a trend due to “high demand for lower priced homes that has increased sales in counties like Greene and Fluvanna.” Except for Albemarle, local rural counties boasted median prices well below $300 thousand which means buyers can continue to find deals, especially those willing to drive a little to get more home and/or acreage for their money.

1237 CHATHAM RIDGE

Spacious rooms in delightful RiverRun community. New kitchen and laundry appliances. Perfect central location. Many recent upgrades. Over 1600 square feet; spacious living room with additional family room; 2 large bedrooms suites each with ensuite bathroom and walk-in closet; large laundry room. MLS# 599030 $259,900

1306 HAMPTON ST

Updated home in superb location in the city. Beautiful hardwood floors, updated bathrooms, fantastic large level backyard with detached garage. Full finished walk-out basement with family room, additional room and full bath; Kitchen does need appliances. MLS# 600095 $295,000

2211 NORTH BERKSHIRE RD

Newly refinished hardwood floors, kitchen cabinets recentlyreplaced. Main level features large eat-in kitchen, living room with fireplace, hardwood floors, 3 bedrooms and full bath. Terrace level features family room, bedroom, additional room and separate entrance. New rear deck, spacious private backyard. MLS# 595368 $279,900

3408 MEADOW WOOD LN

ONE LEVEL LIVING in this unique home in desirable Western Albemarle County on 2 private acres. Hardwood floors, stunning stone fireplace, large rooms and unique loft space. Oversized detached 2 car garage. Home is being sold â&#x20AC;&#x153;as isâ&#x20AC;?. MLS# 597832 $340,000

Janet Bradley

864 ST CHARLES AVE

Prime location for this renovated all brick home in the heart of Charlottesville. Updated kitchen, refinished hardwood floors, new carpet, updated bathrooms, freshly painted, all brick for low exterior maintenance. Ready for newowner. Perfect for first time home buyers and investors. MLS# 598079 $284,900

6 CORN PONE LN

One level living! Spacious open floor plan. Large gourmet kitchen with beautiful cherry cabinets, granite counter tops, large pantry and breakfast nook. Vaulted living room with fireplace; sunroom overlooking private backyard and formal dining room. MLS# 599027 $399,900

1699 SIMMONS GAP RD

Beautiful move-in ready Cape Cod features 3 br and 2 ba on the main floor. Features large eatin kitchen with breakfast nook; split bedroom design with master bedroom suite with ensuite bath featuring soaking tub with separate shower & walk-in closet; 2 additional spacious bedrooms & full bath. MLS# 598815 $285,000

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

1416 DECATUR DR

7 bedroom, 4.5 bath home with 2 kitchens and finished attic space for those seeking multi-generational living. Beautiful hardwood floors throughout main level, enormous kitchen with beautiful island, morning room, family room with raised fireplace and formal living room. MLS# 596106 $495,000

HomeSell Realty

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2019 Woodbrook Ct Charlottesville, Va 22901

REAL ESTATE NEWS

janet@janetsellshomes.net (434) 996-0303

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

Nelson County

Nelson County 3023 Beech Grove Road Under $200K in the Nellysford area! Brick ranch 3 BR, 1.5 BA home with hardwood floors, woodstove, sunroom. and oversized family room for entertaining. Nearly level yard with a detached garage/workshop featuring a paint area and pit for working on automobiles. New roof about 4 years ago.Close to Wintergreen Resort and the attractions along Nelson 151. Home has been rented for a number of years. A great investment property. $199,900

1452 Perry Lane This privately located 3 BR home only minutes

from Lovingston is a perfect retreat or primary residence. The 12+ acre property has unique rock outcroppings and hardwood trees. The southern exposure of the back of the house lets in lots of light in the winter along with the mountain view. The current owner has made many upgrades to the home including a completely renovated kitchen with a Viking cooktop, new cabinets, appliances and granite along with a butcher block counter. The outbuilding has a wood stove and could function as a workshop, recreational space or eventually a in-law suite. Only 30 minutes to Charlottesville. $265,000

1332 Fork Mountain Lane This unique rustic 19th century cabin

in Montebello sits on 5.2 privately situated acres surrounded by hardwoods, a sunny open yard, fruit trees, antique outbuildings (an old smoke house, corn crib and milking barn with hay loft). Hand-hewn log cabin with chestnut logs, front porch, and 4 fireplaces (2 wood stoves). The kitchen includes a large eat-in area perfect for gatherings and there is plenty of counter space and cabinets. The first floor has two living areas or use one as a first floor bedroom. The first floor has a full bath as well. Upstairs has two bedrooms and a 1/2 bath. Close to Crabtree Falls, Blue Ridge Parkway, AT and the GW National Forest. $269,000

REAL ESTATE NEWS

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

If gorgeous views, plus access to outdoor activities from skiing and kayaking to golf and hiking are what you want, consider Nelson County, a short drive south of town on Routes 29 or 151. In the fourth quarter of 2019, Nelson experienced a year-over-year 15 percent decline in inventory and a 13 percent increase in the number of listings sold along with a huge reduction in the average number of days homes stayed on the market. However, the median sales price of $230 thousand is the lowest in the region showing no increase compared to the end of 2018, good news for buyers. Marlo Allen with Mountain Area Realty in Nellysford encourages home buyers to shop in Nelson where an especially good option is the condos at Wintergreen, “a great point of entry” into the market because they are so affordable.

Fluvanna County Fluvanna’s amenities range from waterfront living at the gated community of Lake Monticello to rural properties, and affordable housing that appeals to everyone from singles and families to seniors. And while Charlottesville is just 15 minutes away, the county is also

an easy commute to jobs and shopping in Richmond. Fluvanna gets the prize for the largest increase (21 percent) in year-overyear sales in the fourth quarter of 2019. The median price of $236,500 is 5 percent more than in the fourth quarter of 2018, and second only to Nelson in affordability.

Greene County Greene County’s median price of $284,660 was 13 percent higher than a year ago, reflecting its nearby location and availability of affordable homes. The county’s expanding commercial sector that includes everything from antiques to groceries and vineyards, plus a goodly selection of restaurants, makes for a rural lifestyle that is close in, but not one requiring frequent trips to town. The number of active listings in Greene was 22 percent higher than a year ago, giving buyers more to choose from, including first timers who will still find options at the low end of the $200 thousands. Oxford Hills, a new home community with moderate prices that received a lot of attention a year ago, is now sold out. Buyers who want a new home on a multi-acre lot can check out Hancock Farms or Octania Highlands, two

Vacation Year Round at

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Conveniently located just 25 minutes from Charlottesville, you’ll find a whole new lifestyle. Take Route 53 from C’ville to a left on VSH 618 (Lake Monticello Road). Our office is on the right

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Monticello country, realtors 2704 Lake Monticello Road • Palmyra, VA 22963

434.589.3539 • 800.225 LAKE

PLEASANT HILL

Charming, circa 1850 beautifully restored farmhouse on 77 acres surrounded by pasture and forest, providing a private setting on a lovely knoll close to the James River. There is an entrance hall staircase, 3 bedrooms and 2 baths, an English basement, and fireplace in every room. Several cottages. MLS#585271 $585,000 Steve McLean| 434.981.1863|email: smclean@mcleanfaulconer.com 503 Faulconer Drive, Charlottesville VA 22903 www.mcleanfaulconer.com

201 CARDINAL LANE WINTERGREEN RESORT Strategically situated to soak in breathtaking, long-range views of the Blue Ridge Mountains, this custom home stands alone as a true work of art right down to the awe-inspiring 3,000 bottle walk-in wine cellar, indoor lap pool with sauna, eucalyptus flooring & wide, mahogany trim throughout. The owner spared no expense from choosing highly efficient GREEN construction, whole house generator, Rinaii propane water heaters to halfround copper gutters . Custom builder, Robb Construction, created the perfect blend of luxury with mountain elegance. A few custom details include locally hand-crafted mahogany doors, trim & cabinetry, stained glass accent windows & bath sinks made of copper with the exception of owner’s bath, sinks are Onyx. The kitchen is almost too gorgeous to think about cooking! Features such as coffered ceiling, bar sink handmade in Italy, appliances by Viking, Wolf & Bosch plus a Butler’s pantry that would make any entertainer swoon. Owner’s Suite offers exceptional views, balcony, 2 fireplaces & luxurious bath. Second floor media/game room with wet bar, 3 bedrooms & 3 baths. Terrace level includes wine cellar, huge entertainment space with bar & complete apartment with kitchen, living/dining, bedroom & bath.

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

MLS# 597532 $3,390,000 REAL ESTATE NEWS

Spectacular 83 acre parcel with 3,500 +/linear feet of frontage along Lake Anna. Parcel has ample road frontage on 2 state roads. There is a 3 bedroom 1 bath house and smaller guest building included in the sale but all improvements are being sold AS-IS. Property has nice elevated sites to build your dream home or perfect parcel for development. MLS# 599757 $2,999,000

LOVINGSTON, VA

Location of this parcel stands out on the busy US Highway 29 corridor in Lovingston. Situated between the Callohill Shopping Center with Food Lion, McDonald’s, gas station, and Anytime Fitness and the Nelson County Library, traffic and visibility could not be better. The parcel also provides frontage on Highway 29 making development and accessibility easy. Potential includes restaurant, apartments, hotel, or business park in a truly scenic area offering Blue Ridge Mountain views. Commercial and retail use will require approval from Nelson County. Family member also owns the adjoining parcel (57 A 34E) and an option for that parcel will be considered. MLS# 592712 $199,000

Steve White (434) 242-8355 info@stevewhiterealtor.com

stevewhiterealtor.com

3360 KESWICK RD

Royal Acres - 20 lots of record in Albemarle County within 10 minutes to Charlottesville and UVA. Just over 30 acres, mostly pasture, currently grazing cattle with flowing water and Southwest mountain views. Perfect for a Conservation easement! Now offered for only $339,500 (assessed for over $500,000). MLS# 599177 $339,500

Steve White

(434) 242-8355 info@stevewhiterealtor.com

1100 Dryden Lane • Charlottesville

26 Years of Specializing in Buyer & Seller Representation for Residential, Farms & Estates

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LAKE ANNA

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REAL ESTATE NEWS

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

RUCKERSVILLE 1531 FREDERICKSBURG RD - A picture is worth a thousand word. This one speaks volumes! Wynston, a 32.4 acre estate situated approximately 20 miles north of Charlottesville in the heart of the Piedmont Valley. On a pristine parcel of gently rolling countryside and panoramic vistas of Blue Ridge Mountains. Custom built to the highest standards! From the gracious entrance foyer to the towering cathedral ceilings of the living room, or the cozy office/parlor, craftsmanship is evident and no detail was compromised. The large light filled kitchen and gathering area boasts gorgeous North/westerly views over the property. Just when you think it canâ&#x20AC;&#x2122;t get any better, exit to the rear slate patio where the views are awe inspiring. An entertainers dream! MLS#598150, $2,100,000

STANARDSVILLE 48 YATES CIRCLE - Welcome to Octonia Highlands! New construction now finished and ready for you. Nestled at the foot of the Blue Ridge Mountains in the beautifulSouth River Valley where nature and community are a lifestyle. Now offering quality built and upgraded designed homes for every style of living. Offering 5 models tochoose from with abilities to customize, or you can choose a home site to build your perfect custom home. Come out and see why Octonia Highlands is more than aneighborhood. More convenient than you may think! Less than 5 minutes to the quaint town of Stanardsville and schools, less than 25 minutes to NorthernCharlottesville. Builder offering a $5,000.00 incentive through to March 31, 2020. MLS#599976, $489,900

Matthew Woodson Call Matthew to discover his expertise in both residential homes and land in our area of Virginia. His commitment to both sellers and buyers goes beyond the level of expected service. MatthewWoodsonVa@gmail.com www.matthewwoodsonproperties.com 434-960-5187 Direct | 434-985-2348 Office main line

A Virginia Tradition Since 1927 67 Deane Rd, Ste 201 Ruckersville, VA 22968 www.RoyWheeler.com

REAL ESTATE NEWS

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FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

popular Greene County communities where builders are active.

Louisa County

IN THE TIME IT TAKES TO WALK THE DOG,

Like Greene, Louisa County has a growing commercial sector where residents find essential services from groceries to medical care and restaurants plus a conveniently located Lowe’s. Country living on acreage is available as are new homes in neighborhoods such as the gated community of Spring Creek, known for its award-winning golf course and full-service restaurant and bar. The county’s median price of $245 thousand at the end of 2019, plus its notably low property taxes, make it attractive to everyone from first time buyers to retirees.

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MARCELLA JOHNSON Mortgage Loan Officer | NMLS# 453329

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

The Big Picture Declining inventories in most localities mean home buyers need to be prepared to act quickly in order to secure their dream home at today’s attractive prices as competition and an early spring market could cause them to rise rapidly. This means getting pre-approved by a local loan officer and becoming familiar with areas where they can find homes in their price range. Fortunately, continued low interest rates mean buyers can qualify for more house than would have been the case in times past. For sellers, it is important “to continue to price their homes smartly and have them in good condition,” Guthrie advises.

Charlottesville EQUAL HOUSING

LENDER

1425 TRAILSIDE COURT• RIVERSIDE VILLAGE

Beautiful Craftsman-style 2-bedroom overlooking the Rivanna River features stainless steel appliances, granite counters, gas fireplace, 3 1/4” hardwood and ceramic tile flooring, and a spacious private covered porch off of living room. Upgrades include custom shelving in bedroom closets, tile backsplash in kitchen and gorgeous custom mantle in living room. Walk out your door to access the Rivanna Trail, and enjoy luxuries such as onsite exercise room, separate storage locker,outdoor kayak rack, and key less entry security. This condo also includes a designated covered parking spot. Energy efficient “Earthcraft” construction from an award-winning builder, steps from the Shops at Riverside Village & only 1.3 miles from C’ville’s Downtown Mall! MLS# 598666

The City of Charlottesville with its walkable Downtown Mall saw a 6 per-

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REAL ESTATE NEWS

434-962-6720 | marcella.johnson@townefirstmortgage.com

Close in Albemarle also had a good year with a 16 percent year-over-year increase in sales during 2019’s fourth quarter. At the same time, Albemarle buyers have more to choose from as there was a small (2 percent) increase in the number of listings. Buyers can also be grateful for the $26 thousand decline in the median sales price to $369,250.

cent increase in sales, a median price that climbed to $367,898, and a 7 percent drop in inventory.

157 SPRING MOUNTAIN ROAD

Park-like setting in popular Mill Creek. Amazing location-minutes to Wegmans/5th Street Station, Biscuit Run Park, Monticello Trail, Downtown Charlottesville, UVA & easy access to I-64. One-level living w/ an open floor plan (1066 sf ), the home has an updated kitchen w/ stainless steel appliances & beautiful tile backsplash, wood-burning fireplace & screened-in porch (192 sf ). A roomy 2-car garage (560 sf ) w/ workbench & an additional outbuilding that can be used for storage or a playhouse. Recent upgrades incl. the HVAC, hot water heater & paved driveway. Mill Creek is a top seller & holds its value well. Pre-listing home inspection was done to facilitate a smooth transaction. Move-in ready! MLS# 599043

$349,000

$394,900 JOHN UPDIKE

GEORGIA LINDSEY ASSOCIATE BROKER GEORGIA LINDSEY ASSOCIATE BROKER 434.566.4635 | georgia@nestrealty.com 434.566.4635 | georgia@nestrealty.com georgialindsey.com georgialindsey.com

{

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

www.RoyWheeler.com

Office: (434) 951-5174 Mobile: (434) 242-7711 jbupdike3@aol.com

RED HILL

A charming, authentic, historical c. 1835 Antebellum-era brick home on 35 acres, 4 BR, 2.5 BA, 6 FP, central heat and air. The home is surrounded by gardens with 4 covered porches to enjoy the wonderful rolling pastures and Blue Ridge Mtn. views. Convenient to Route 151 wineries, breweries, restaurants, Wintergreen, Lynchburg, and Charlottesville. A delightful property with privacy and quality construction. MLS#600498

Jane Porter Fogleman, cell: 434.981.1274 jane@foglemangroup.com Associate Broker

METICULOUS CRAFTSMANSHIP AND TIMELESS FINISHES New Homes in the City of Charlottesville, Albemarle, and Louisa County Evergreenhomebuilders.com | 434.282.4584

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

Extraordinary home and very private location just minutes from Barracks Rd shopping and many other amenities Charlottesville offers. Large, open, inviting spaces for family living or entertaining to include 2 family rooms and a formal living room; expansive family kitchen, 4 BR and 4 full and 2 1/2 BA, 3 fp, along with beautifully landscaped exterior. MLS#571474 â&#x20AC;˘ $1,550,000

REAL ESTATE NEWS

Steve McLean| 434.981.1863|email: smclean@mcleanfaulconer.com 503 Faulconer Drive, Charlottesville VA 22903 www.mcleanfaulconer.com

1345 OWENSVILLE RD

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COMMERCIAL

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

COMMERCIAL PROPERTIES FOR SALE OR LEASE OFFICE BLDG FOR SALE OR LEASE

PROFESSIONAL OFFICE CONDOS • • • •

4 Condominimum Units All Brick, 2 story building Close to airport $890,000 | $12 SF

• • • •

FOR LEASE

VACANT LAND FOR SALE

1200 FIVE SPRINGS RD

6087 SEMINOLE TRAIL, BARBOURSVILLE

Medical space 6 exam + X-ray Move in ready 4,122 SF | $18 SF

3002 BERKMAR DR • • • •

4 Buildings 49,900 SF Retail & Flex 99% leased in Opportunity Zone $5,900,000

CVCMLS #30521268

CVCMLS# 30555561 | $1,200,000

CVCMLS #30476301

Call Bill Howard 434.906.1240

Call Robin Amato 434.981.0767

Call Butch Wilberger 434.531.5560

Call Robin Amato 434.981.0767

OFFICE FOR LEASE

OFFICE/MEDICAL FOR SALE

BRAND NEW SPACE FOR LEASE

All brick building Located in Pantops Minutes from Martha Jefferson 3,075 SF | $22 SF + $2 SF CAM

3048 A BERKMAR DR • • • •

Currently dentist office 4 stations, Hygienist, X-ray Private office, Cleaning/lab area $345,000

3450 BERKMAR DR

889 RIO E COURT, UNIT B • • • •

7 Exam Rooms, 1 Procedure Room Lab, Reception, 3 Offices, Work Stations Convenient Location - 29 N Corridor 3488 SF | $1,100,00

• • • •

1st and 2nd Floor Spaces High visibility - Retail/Office $24 SF All inclusive 2242 - 3645 SF Sizes

CVCMLS #30466520

CVCMLS# 30530673

CVCMLS # 30339818

Call Bill Howard 434.906.1240

Call Robin Amato 434.981.0767

OFFICE BUILDING FOR SALE

FOR LEASE

FOR SALE OR LEASE

8218 SEMINOLE TRAIL

404 8TH NE - DOWNTOWN

CVCMLS# 30470164

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Multi-Family ZoningMostly leased 120 Units - Age Restricted Located on Rte 29 7.60 Acres

CVCMLS# 30287179 | #30427158

315 WINDING RIVER LN • • • •

• • • •

FOR SALE

1015 EAST MARKET ST • • • •

Previously a Day Care Center 9 Parking Spaces in Rear Convenient Downtown Location 8720 SF | $1,680,000

• • • •

All brick buidling Zoned for commercial use Fronts Route 29 $470,000

CVCMLS# 30537519

CVCMLS# 30364441

Call Bill Howard 434.906.1240

Bill Howard 434.906.1240

bill.howard@re3cp.com

1116 E. HIGH STREET CHARLOTTESVILLE VA 22902

Rob Archer 434.760.2777 robjarcher@gmail.com

• • • •

673 BERKMAR CIR • • • •

9+ Offices Parking Includes utilities 920 SF & 1,800 SF |$18 SF

Private location 6+ Offices/ Large 30’x30’ room Rollup overhead door $635,000 | $15.50 SF CVCMLS# 30195904 | #30321689

CVCMLS #30466574

Call Robin Amato 434.981.0767

Robin Amato 434.981.0767

Butch Wilberger 434.531.5560

robin.amato@re3cp.com TheRealEstateLoop.com

bwilbergerproperties@ gmail.com

434.817.1240

www.re3cp.com

Office: 540.948.5050 Cell: 540-718-4210

Broker For All Of Your Commercial and Investment Needs

bgentry.broker@gmail.com

COMMERCIAL MULTI-FAMILY POTENTIAL

UNRESTRICTED COMMERCIAL NEW LISTING

USCORNERSTONE 29 SOUTHBOUND SQUARE RUCKERSVILLE RUCKERSVILLE

acres zoned BP11± Gas Station, C-StoreB-3, on 1.75+Commercial fronting on Zoned B-3 Highway Commercial. US 29N and Rt. 607 with Public water and sewer a business friendly siteto site. plan.is additional Excellent acreage location on this There for retail in a high growth property that can accommodate area. Located across from the commercial Food Lion usage, Center. other i.e. hotel. 1.25± trips acre out parcel for 34,000+ per day. $698,500 $690,000 and 10± acre parcel for $2,150,000

NEW PRICE

Please Call Bill Gentry,

US 29 SOUTHBOUND LEON — MADISON RIDGEWOOD TRAILER CO.

MULTI-FAMILY POTENTIAL

Two zoned PARK B-1 commercial parcels ALBEMARLE totaling 1.726+ acres fronting U.S. 29 Northbound 13.9+ US 29 Southbound. remodeled Acres zoned Recently R-1, public 2water BR, 1onsite BA Cottage/Office. & sewer is Former Shady Grove with available. Sale Motel includes a 2,884 68 unit S.F. mobile home park, finished & existing decel lane. efficiency & Abut Princeapartments Michelle Vineyard. office building. Located in $288,500

NEW PRICE

SEMINOLE TRAIL

US 29MADISON SOUTHBOUND CO. RUCKERSVILLE 8+ R-3 C-Store Multi-Family BPAcres GasZoned Station, Unrestricted on 1.75+Zoned B-3 Highway Commercial. Public Water & Sewer Available Public water and sewer to Approved for 65isUnits Across from site. There additional acreage property High School on Nextthis to Food Lion Center that can $575,000 accommodate otherEXCELLENT commercial VALUE! usage, i.e. hotel. $850,000

Commercial ~ Investment ~ Property Management ~ Real Estate Consultants Please visit us at www.Jefferson-land.com Commercial ~ Investment ~ Property Management ~ Real Estate Consultants Please visit us at www.Jefferson-land.com

Come Home to

The Farm

COMMERCIAL

the Hollymead Expansion Area. $4,800,000

CORNERSTONE SQUARE SOUTH PARK CENTRE MADISON RUCKERSVILLE Located on US 29 South 11± acres zoned B-3, Commercial adjacent to Madison Plaza fronting US 29N Food LiononCenter with and B-1, Rt. 607 with a business friendly site plan. commercial zoning that will Excellent location forretail retail in a accommodate multiple high Located uses. growth Startingarea. at $70K per across acre. the AllFood parcels be 1.25± from Lionwill Center. accessed by afor VDOT acre out parcel $690,000 and standard SALE 10± acre road. parcelFOR for $2,150,000 May OR GROUND LEASE Subdivide.

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

40 Commerce Lane, Suite A Rochelle, VA 22738

Three lots on STONE SPRING RD

MOORE ST

Great access from Emerson Ln & Moore St. Seller will sell entirely or participate with site & utility work; Bring us your proposal. Sitework started. 75 Townhouse units, Phase 1 of 6 phases. Price subject to review every 30 days per Contractor MLS 550831 • $1,500,000

3891 NORTH VALLEY PIKE

Three tracts, access at I-81 exit-stop light 3.46 acres fronting Rt 11 additional 2 lots; 1.25 acres and 2.98 acres with office building alsoavailable all zoned B-1. Flat lot at stop light with hardwood frontage, Total acreage 7.69 acres all zoned B-1 will divide; also availablefor lease. MLS 571008 • $1,989,000

1.8 Acres front on Stone Spring Road and Ramblewood Road MLS 545161

30 Acres Borders Stone Spring Road, additional access from Ramblewood Rd. Must change zoning for particular useage. 50K/Acre all30 acres will divide for additional cost. MLS 545162

8 Acres in the county. Borders Stone Spring Road. Could be rezoned to multi-family or commercial. Close to hospital and I-81. Price isbased on developer building a commercial entrance off of Stone Spring Rd which crosses the city, per city specifications. MLS 5451613

LEE HWY

Asking $27,500/acre. Public water & sewer available, must be rezoned per Buyer’s usage. MLS 572392 • $1,000,000

Durwood Michael

540-820-7550 Durwood@odrva.com ComeHomeToTheFarm.com

540-433-2454 2340 South Main St. • Harrisonburg, VA 22801

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2610 S MAIN ST

Inventory and equipment is available for sale but not included in this offering. A recent phase I environmental has been completed, 3 phase select, 2 natural gas line, 3951 frontage, 5.0 acres. Natural gas radiant heat. MLS 591614 • $2,000,000

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

ALL CREDITS MORTGAGE THE SHENANDOAH VALLEY’S LARGEST COMMERCIAL REAL ESTATE RESOURCE Cottonwood | Commercial

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stands alone as western Virginia's largest and most comprehensive commercial real estate resource. Harrisonburg’s huge income growth, plus growth in population and jobs make it the fastest growing city in Virginia. One of our most important assets is our relationship within this community. Most of our transactions never hit the market, giving us a competitive advantage locally over national firms in this emerging region. Because of our local knowledge and standing, we can offer more value for your investment.

WAYNESBORO • 100 MAPLE AVE

CHARTER SCHOOL, PRIVATE www.Cottonwood.com SCHOOL Our areas of assistance include: DAYCARE or COMMUNITY USEServices • Brokerage 3,000 - 8,400 SF• Property Leasing & Sales Acquisition Analysis MLS# 589179 •• Commercial Disposition Advice • Business Brokerage Services Lease: $5.50 - $7.00/SF + $2.00/SF CAM • • • • • • • •

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Property Management Site Locator Assistance Landlord / Tenant Representation Triple Net Leases 1031 Exchange Investments Multi-Family Brokering Commercial Valuation Analysis Development Feasibility Studies

COMMERCIAL

AllCreditsMortgage.com NMLS# 1591498

Contact: 434-325-7229

Annie Gould Gallery

FISHERSVILLE • 51 IVY RIDGE LN PROFESSIONAL OFFICE SPACE

THE SHENANDOAH VALLEY’S LARGEST REAL ESTATE RESOURCE 7,200COMMERCIAL SF 1 9 C5 O8 T E v Ne W l yOnO DB y| rCdo mAmv eernc ui ael TO l yrng B H a r1 r9 i5s8 o Envbe u , yVr dA A2v 2e n8 u0e1 MLS# 595082 C o t t o nCwo o to tdo| nCw om om o edr.cci aol m Harrisonburg, Virginia 22801

5 4 05 4. 40 .34 Lease: 43 4. .99 99 2222

Cottonwood.com

$10.00/SF +stands $1.75/SF CAM alone as western Virginia's largest and most comprehensive commercial real estate resource. The Utilities Included Shenandoah Valley’s huge income growth, plus growth in population and jobs make it one of the fastest growing areas in Virginia. Our most important assets are our relationships within this region. Our twenty agents give us a competitive advantage locally over national firms in this emerging zone. Because of our resident knowledge and standing, we can offer more value for your investment.

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

www.Cottonwood.com Our areas of assistance include: • Brokerage Services • Property Leasing & Sales • Commercial Acquisition Analysis • Disposition Advice • Business Brokerage Services • Property Management • Site Locator Assistance • Landlord / Tenant Representation • Triple Net Leases • 1031 Exchange Investments • Multi-Family Brokering • Commercial Valuation Analysis • Development Feasibility Studies

STAUNTON • 2303 N AUGUSTA ST A unique art gallery located in the heart of Historic Downtown Gordonsville. Offering an assortment of works by local artists as well those from throughout the country.

109 S. Main Street, Gordonsville, VA • (540) 832-6352 anniegouldgallery

RETAIL or RESTAURANT 3,000 SF MLS# 595544 Lease: $6.00-$7.00/SF + $2.00/SF CAM

Tom Oberholtzer

540-810-6242 • tom.oberholtzer@cottonwood.com 1 9 C5 O8 T E v Ne W l yOnO DB y| rCdo mAmv eernc ui ael TO l yrng B H a r1 r9 i5s8 o Envbe u , yVr dA A2v 2e n8 u0e1

Harrisonburg, Virginia 22801 5 4 05 4. 40 .34 43 4. .99 99 2222 Cottonwood.com

Cottonwood.com

EXAMPLE OF BUILDER’S WORK

C U O N N D TR E AR C T

BUILD YOUR DREAM HOME IN IVY 3 acre parcel with winter Blue Ridge views and bold stream in Ragged Mountain neighborhood. Owner/builder has beautiful plans or will build your vision.

WALK TO THE DOWNTOWN MALL Charming home with walk-out basement on a cul de sac 2 blocks off Park St. $425,000

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

5 ACRES ON GARTH ROAD WITH PRIVATE POND All brick home with many rooms and spacious deck having BLUE RIDGE views. $825,000

HOME SIMILAR TO PHOTO

12 ACRES WITH LAKE AND PASTURE Custom home overlooking your own lily filled lake. High end finishes and separate apartment. 3 stall barn. $489,000.

MODEL OF WHAT IS BEING BUILT

NEW HOME ON 5.6 ACRES IN WESTERN ALBEMARLE Wonderfully dramatic with broad views! Master suites on both floors. Still time for you to customize. 3 car garage with in-law suite above. $1,600,000

Jim McVay

Roy Wheeler Realty Associate of the Year 2017 & 2018 Associate Broker • Charlottesville Realtor since 1978 434-962-3420 • jim@jimmcvay.com Roy Wheeler Realty Co. 1100 Dryden Ln. Charlottesville, VA 22903

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

NEW HOME FOR ONLY $329,000 On a half acre lot in a small neighborhood. Walk to schools and shops. Winter views.

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

Charlottesville: A

COMMUNITY

Running Town for 40 Years BY CARLA HUCKABEE

“Best trail running place in the country,” claims Outside Magazine. “One of the top destination marathons,” says The New York Times. No matter who says it, Charlottesville really is the perfect running town. Blessed with natural beauty, varied terrain, extensive trails, and strong advocates; Charlottesville can even make a non-runner want to get out there and lace up her shoes for a run. Once the shoes are on, there are plenty of local races to keep her motivated.

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

So Many Places to Run! Local distance runner and trail expert JoAnne Smart says “We have so many beautiful places to run and the mountains are nearby. Charlottesville is a great place for runners.” The natural beauty alone is enough to get you out the door. The Blue Ridge Mountains, the rivers and streams, hills, valleys, and parks beckon the champion and novice alike. Dawn Cromer learned this as an elite track and field athlete and coach at UVA. Now, as a REALTOR® with Nest Realty Group, Cromer points out the closest trails when showing homes to her clients. “It might be the runner in me, but whether or not running is an everyday activity for homeowners, at some point they will want to go for a walk out their

door. Knowing how close your home is to trails is an underestimated value. Being able to run to a trail without having to get in your car increases your quality of life immensely.” In town and on UVA grounds, routes mapped by Ragged Mountain Running & Walking Shop offer varying distances and starting points. The Rivanna Trail loop circumnavigates Charlottesville with nearly 20 miles of uninterrupted soft surface on one of the nation’s best urban trail systems. A two-mile paved section through Riverview Park is enjoyed by walkers, runners, kids, and dogs. Across the river, the Old Mill Trail skirts the eastern side of the Rivanna River from Darden Towe Park to Sentara Martha Jefferson Hospital grounds. The Saunders Monticello Trail offers a four mile out and back run mix of gravel and boardwalk, sidestepping Carter Mountain on the way to Monticello. Through town or up the mountain, local runners enjoy consistently high air quality, with Charlottesville always scoring in the best category. In the mountains, it only gets better. Breathe deeply, because the closer you get to the Blue Ridge, the

more challenging those runs become. Deemed a national running destination, eight miles and gravel, Dick Woods Road attracts serious runners and provides incredible scenery with few cars. At the base of the Blue Ridge Mountains, Sugar Hollow Loop follows a fire road up the mountain to the Appalachian Trail. Innumerable options exist for distances and difficulty, town or country, level or steep; all with spectacular scenery.

Strong Advocates Many locals nurtured the running movement in and around Charlottesville. Smart credits Mark Lorenzoni from Ragged Mountain Running & Walking Shop as one of those early advocates still active today. When the Lorenzonis moved to Charlottesville 40 years ago, Mark recalls, “Very little running was happening in Charlottesville, maybe four events per year. What existed, was extremely competitive. The average age was 25 and there were very few women.” Fast forward 40 years and the average age is 50 with half of them female. The 60+ local races welcome all skill levels, not just the elite. Running truly has become a community sport in Charlottesville.

Smart says “Coach Lorenzoni offers a free weekly speed workout and marathon training every summer and has been doing it for decades. He’s at least partly the reason running is so popular here.” The Charlottesville Track Club, with Lorenzoni’s Wednesday morning speed workouts, boasts more than 500 participants of all levels. The Club sponsors many local non-profit races. The Charlottesville Area Trail Club (CATs) welcomes runners who enjoy the many trails around town and in the mountains. CATs has training programs for a trail half-marathon, a 50K (in cooperation with Crozet Running), and Tuesday night group trail runs. “All the pieces are in place to make Charlottesville a great place for runners,” says Lorenzoni. “Wonderful routes, trails, tracks and parks against a stunning backdrop. And so many people gave their time and resources to make this one of the truly great running towns.”

On Your Mark, Get Set… Every day is a runner’s day in Charlottesville. Some months every weekend has multiple events. Here are some of the iconic community races. March 28 - Charlottesville Ten Miler. Charlottesville’s oldest road race, going strong for 44 years. Streets close as thousands of competitors make their way in and around Charlottesville. April 4 – Charlottesville Marathon and Half Marathon. “Considered by many as the most scenic marathon course in the east,” says Running Times Magazine. May 16 - Montalto Challenge 5K. Ascend Montalto, with great views of Monticello, Charlottesville and the Blue Ridge Mountains. July 4 - Kiwanis Independence Day 5K. Started in 1983, this race benefits Big Brothers Big Sisters of the Central Blue Ridge. September 5 - Women’s Four Miler. Nearly 2,000 women participate in this 27-year-old event supporting the UVA Breast Cancer Center. November 12 - Men’s Four Miler. Charlottesville’s men’s only race, running since 2004. December 5 - Monticello Holiday Classic 5K. A family-oriented 5K supports maintenance of the Saunders Monticello Trail. See you at the finish line! Carla Huckabee writes about real estate and health issues and just bought a new pair of running shoes.

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

Looking for a masterfully designed downtown condo? Or a blank space with unbeatable views?

The Residences at 218, offers both options! With a wide range of floor plans and different levels of customization available, you are only limited by your imagination. Bring your designer and create your new downtown dream home.

www.Residencesat218.com John E. Neal (434) 906-3141 jneal@gemc.com

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

The Premier Condos in Downtown Charlottesville

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

HOME SALES STATS

ENDING THE WEEK OF FEBRUARY 16, 2020

There were 44 sales in the 11 county and city areas n n n n n n n n n

16 were in Albemarle with an average price of $434,381 8 were in Charlottesville with an average price of $685,120 1 was in Fluvanna with a price of $260,000 2 were in Greene with an average price of $281,500 5 were in Louisa with an average price of $197,790 1 was in Madison with a price of $385,000

Staff:

PUBLISHER

Aimee Atteberry aimee@c-ville.com

MARKETING SERVICES Beth Wood beth@caarrew.com 434.817.9330

EDITORIAL COORDINATOR

2 were in Orange with an average price of $1,427,500

Celeste Smucker editor@caarrew.com

4 were in Waynesboro with an average price of $212,113

DESIGN

5 were in Nelson with an average price of $172,200

Tracy Federico designer@c-ville.com Lorena Perez designer2@c-ville.com

HOMES SOLD

3017 COPPER KNOLL RD FOREST LAKES

191 HICKORY RIDGE CIR MINERAL

2615 NAYLOR STREET FRY’S SPRING

389 WALK AROUND LN ROSELAND

123 DOE DRIVE DEER LAKE ESTATES

9160 FAIRVIEW FARM LN SOMERSET

LOCAL GOVERNMENT CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

THE

(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

GREENE COUNTY

CITY OF STAUNTON

LOUISA COUNTY

CITY OF WAYNESBORO

MADISON COUNTY

ALBEMARLE COUNTY

NELSON COUNTY

www.charlottesville.org Real estate tax rate: $.95 per $100 www.staunton.va.us Real estate tax rate: $.95 per $100 www.waynesboro.va.us Real estate tax rate: $.90 per $100 www.albemarle.org Real estate tax rate: $.854 per $100

FLUVANNA COUNTY

www.co.fluvanna.va.us Real estate tax rate: $.925 per $100

www.gcva.us Real estate tax rate: $.775 per $100 www.louisacounty.com Real estate tax rate: $.72 per $100 www.madisonco.virginia.gov Real estate tax rate: $.68 per $100 www.nelsoncounty.com Real estate tax rate: $.72 per $100

ORANGE COUNTY

www.nelsoncounty.com Real estate tax rate: $.804 per $100

The REAL ESTATE WEEKLY is published weekly by the CAAR Real Estate Weekly, Inc., a wholly owned subsidiary of the Charlottesville Area Association of RealtoRs®, 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 RealtoRs®, 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 RealtoRs®, 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 RealtoRs®. 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 “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.” 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 Is printed on 100% recycled paper

308 E. East Main Street • Charlottesville, VA 22902 Tel.: 434-817-9330 • FAX: 434-817-2714 e-mail: ads@caar.com Send your news and/or press releases to editor@caarrew.com

FEBRUARY 26 - MARCH 3, 2020 ISSUE 2908

NEW OFFERING S W E E N E Y FAR M | $995, 0 0 0

RI V ER RO CK FA RM | $1,3 00,000

Custom home with incredible mountain views, privately situated on 78 ac, in two tax map parcels minutes from town of Madison, and route 29. The 4 bedroom, 3.5 bath home boasts a great room w/ fireplace, ground floor master, full walk out basement, which is partially finished, garage, and a large deck. Land is a mix of open fields, and woods. Property includes a tenant house and large barn.

Lynch River frontage, fantastic Blue Ridge views. Main residence designed with reclaimed materials, native fieldstone, on-site milled oak countertops. Geothermal heating/cooling system, passive solar positioning and argon tinted windows. Spacious interior with modern amenities. Private 40-ac property, pool (and pool house), healthy pastures (6), barn complex, riding trails, and a guest/rental cottage.

J USTIN WIL E Y | ML S 60 0 2 3 7

PETER WI L EY | M L S 5886 85

RE SIDE NT IAL FARM S â&#x20AC;˘ LAND

PRICE REDUCED

NEW OFFERING

A I R S L IE H ISTO R IC E STAT E | $ 3, 295, 0 0 0

BURRUSS BRA NCH | $52 5,000

Landmark 60-acre estate in beautiful Keswick hunt area of Albemarle County, minutes from Charlottesville. 8,600 sq ft house significantly renovated in early 1990s using finest materials and craftsmen. Situated amongst wonderful large trees, commanding view of the Southwest Mountains. Land is mostly open, ideal for horses or vineyard, protected by conservation easement.

Level, 21 acre lot in the heart of Free Union. Burruss Branch is an established neighborhood of custom architecture. The parcel has long views of the SW Mountains to the East and the potential for dramatic mountain views to the West, with some clearing. Great building site that takes in both views while providing privacy, surrounded by specimen oaks.

J USTIN WIL E Y | ML S 59 5 9 7 8

PETER WI L EY | M L S 6 0 0 23 8

JUSTI N WI LEY (4 3 4 ) 9 8 1 -5 5 2 8 J U S T I N @ W I L E Y P R O P E R T Y. C O M

PETE R WI LEY

W I L E Y P R O P E R T Y. C O M 1 8 0 AC R E S N E AR KE SW ICK | $ 7 20, 0 0 0

BLA NDEMA R PA RCEL | $549,000

180 acres located close to Albemarle line in Louisa County. Mostly pine planted 15 +/- years ago. Land is in three tax map parcels with frontage on Loving Road (Rt.694). Property has two creeks and southwest mountain views when pines are harvested. Great candidate for a conservation easement. Priced at $4,000 per acre yet minutes from Keswick and Charlottesville.

A level, private 21 acre parcel with good views of the Ragged Mountains, only 12 minutes from town. The secluded homesite is well sited for a custom home. The back of the lot has a large stand of magnificent hardwoods that lead down to a year-around stream (North Fork of the Hardware River). Direct access on Red Hill Road allows for a quick commute to Charlottesville. High-speed DSL service available.

J USTIN WIL E Y | ML S 59 6 7 6 3

PETER WI L EY | M L S 59 7 21 0

132-A EAST MAIN ST O R A N G E , VA 2 2 9 6 0 503 FAULCONER DR SUITE 6 C H A R LOT T E S V I L L E , VA 2 2 9 0 3

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

(4 3 4 ) 4 2 2 -2 0 9 0 P E T E R @ W I L E Y P R O P E R T Y. C O M

401 Park Street Charlottesville, VA 22902

HISTORIC CHARM w/ MODERN CONVENIENCE

434.977.4005 lwoodriff@loringwoodriff.com 1331 HILLTOP ROAD $1,950,000 Centrally located on one of the most coveted streets in Meadowbrook Hills with 1930s charm & modern amenities on a beautiful 1+ acre lot. This home boasts an inviting kitchen, dining room that can fit up to 20 guests, 1st floor master, 2-car garage, & separate guest suite in walkout basement. Countless highlights incl’ 2” thick oak floors & substantial hickory newell posts, Tulikivi soapstone woodstove, Talavera Mexican tile, radiant heat floors in basement & kitchen, 3-zone HVAC, Ting gigabit internet, & landscaping for every season. Sydney Robertson (434) 284-0694. MLS# 600088

ROSNEY & CO. DESIGNED FAR MHOUSE

4720 RAGGED MOUNTAIN LANE • $1,195,000 Stunning custom farmhouse perched on 3.79 private acres & expertly sited to take advantage of mountain views. Designed w/ handsome architectural details, extensive trim & custom built-ins w/ heart pine wide plank floors. Coveted Ivy location in Western school district, 10 mins to UVA & 15 to Downtown. Rebecca White (434) 531-5097. MLS# 600337

1st FLOOR MASTER - MINUTES FROM NGIC/DIA

RETREAT-LIKE SETTING w/ MOUNTAIN VIEWS

COMPLETELY R ENOVATED IN WAV ER LY

2220 FRAY ROAD • $489,000 Timeless floor plan w/ light-filled renovated interior. Fin. walkout basement provides the 5th bed/full bath & bright rec room w/ kitchenette roughed in. Privately situated on 3.79 acre lot, the large rear deck & level yard offer superb outdoor living areas for entertaining & play. Rebecca White (434) 531-5097. MLS# 600191

944 RAYMOND ROAD • $499,000 Main level living w/ 1st floor master & spacious ensuite bath. Upstairs, 2nd master suite, 2 add’l beds, open loft area w/ quaint nook. Full fin. walk-out basement. Walk out to rear covered patio & deck overlooking amazing views. City living & convenience while enjoying mountain & river views. Erin Garcia (434) 981-7245. MLS# 600298

2310 GERSANDY PLACE • $739,000 Chef ’s kitchen features granite island w/ prep sink, 6-burner gas cooktop, double oven, wet bar w/ wine fridge & 3rd sink, high end stainless appliances & eat-in banquette. Situated on private, nearly level lot in coveted Meriwether Lewis district w/ fenced in pool & screened porch. Lisa Lyons (434) 987-1767. MLS# 600103

CHAR MING OLD TR AIL HOME

TURN-KEY HOME - PAVILIONS AT PANTOPS

UPDATED IV Y HOME IN CANDLEW YCK

1070 KILLDEER LANE • $495,000 Charming Old Trail home delights w/ rounded drywall corners, windows in every spot imaginable, mountain views from deck, raised hearth gas fireplace plus wonderful floor plan w/ indoor & outdoor spaces on multiple levels. Open concept kitchen/living area. 3rd floor has 5th BR. Tommy Brannock (434) 981-1486. MLS# 599789

1608 KEMPTON PLACE • $345,000 This light-filled home incl’ hardwood floors throughout main level, expansive kitchen w/ center island & breakfast bar, large living room & dining space, and private, fully fenced patio/ yard. Stunning Blue Ridge Mtn views from the double Trex front porches. Harmony Thurston (434) 996-0006. MLS# 600221

1320 CHIPPENDALE COURT • $549,000 This appealing 4BR, 3.5BA home incl’ distinctive lighting, hrdwd floors, beautifully renovated kitchen, fresh paint & remodeled baths. French doors lead to rear deck overlooking flat, fenced yard w/ stunning magnolia tree, perennials & fire pit. Meriwether school district, moments to UVA. Kristin Streed (434) 409-5619. MLS# 599922

GR EAT VA LUE IN W ESTER N A LBEM AR LE

1865 COBBLESTONE LANE • $539,000 On a picturesque, flat 1-acre lot, this light-filled 4 bed/2.5 bath home offers an open flr plan, with a vaulted foyer leading to the kitchen, living & dining rooms. Screened in porch overlooks the huge front yard & rear deck leads to the fenced backyard & fire pit. 10 mins to town! Harmony Thurston (434) 996-0006. MLS# 600123

2419 PENDOWER LANE $774,900

This Glenmore 5BR, 4.5BA gem has it all. Enjoy a turnkey, newly finished covered outdoor living area w/ fireplace & composite decking... even the TV is included! Built in 2013 w/ countless upgrades & open floor plan incl’ kitchen w/ 5-burner gas range, high efficiency appliances, lots of storage space & large kitchen island. Upstairs, 4 bedrooms, incl’ true master retreat w/ spa-like bath & oversized master closet. Fin. walk out basement incl’ large living space complete w/ gorgeous wet bar, bedroom & full bath. Oversized 3-car garage. Jamie Waller (407) 694-8988. MLS# 600073

WWW.LORINGWOODRIFF.COM

TURN-KEY NEW LISTING IN GLENMORE

The Real Estate Weekly 2.26.2020

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