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VOL. 30 NO. 12 n MARCH 24 - 30, 2021
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
Opening this spring: The Ridley, located in The Draftsman Hotel
Commercial Real Estate: POISED FOR A COMEBACK BY CARLA HUCKABEE
MARCH 24 - 30, 2021 ISSUE 3012
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EAN FAULCONER INC. MCLFarm, Estate and Residential Brokers OLD TRAIL
SWEET RETREAT
4-bedroom mountain home on 14+ acres with gorgeous views of the Rockfish Valley & Blue Ridge Mtns. Oversize windows, heart-pine flooring, soaring ceilings. Minutes from skiing, hiking, excellent food, & beer & wine trail. MLS#610115 $995,000 Steve McLean, 434.981.1863 www.330GraceGlen.com
GLENDOWER ROAD
PRICED UNDER COUNTY ASSESSED VALUE! Classic, well-built 4-BR home, privately situated on 5 private acres only 15 miles south of Charlottesville & UVA, and only 5 miles from historic Scottsville. MLS#604475 $599,000 Will Faulconer, 434.987.9455
KESWICK ESTATES
Exquisite English Country home on 2.5 very private acres with lovely views of the golf course and distant mountains. The architecturally designed, 7,000+ sf. residence offers LR, DR, gourmet kitchen, library, office, media room, and 5 BR. MLS#611738 $1,695,000 Charlotte Dammann, 434.981.1250
Classic brick Georgian, circa 2008, meticulously crafted with the finest materials, 5400+ fin. sf. and 1800 unfin. sf. on the walkout terrace level. 5 BR, including main level master suite, spacious and modern open floor plan with gourmet kitchen adjoining large FR, breakfast room and formal DR. 2 large covered porches for outside entertaining. Surrounding the home is one half acre of expertly landscaped grounds, with views of the adjoining Old Trail Golf Course, buffered by a small woods, views of the Blue Ridge Mtns. MLS#614945 $1,475,000 Jim Faulconer, 434.981.0076
NORTH DOWNTOWN
Colonial Revival style c. 1913 residence restored to perfection. Flexible and updated floor plan with 2,970 finished square feet. Coveted private backyard and off-street parking. Walk to the amenities of the Historic Downtown Mall and UVA. MLS#608794 $1,549,000 Charlotte Dammann, 434.981.1250
RIVANDALE FARM
An oasis of tranquility and fine country living within 20 miles of Charlottesville, 14 miles to CHO Airport. 177 private acres with c.1901 classic Virginia farm house, completely remodeled and updated. MLS#609244 $3,795,000 Jim Faulconer, 434.981.0076 www.RivandaleVa.com
GARTHFIELD LANE
Completely renovated! Impeccable condition! Western schools! 3.74 acres 5 minutes to Barracks Road Shopping Center and UVA. Quiet pastoral setting, level open land for recreation, creek, borders large horse farm under conservation easement. NO HOA. MLS#614871 $985,000 Jim Faulconer, 434.981.0076
EDNAM FOREST
A true gem perched on 1.5 private acres in Ednam Forest! This stately c. 1963 4-bedroom Georgian is well-located within walking distance to Boar’s Head Inn & Sports Club. Nearly level lawn surrounded by beautifully manicured landscaping. MLS#608474 $1,845,000 Steve McLean, 434.981.1863
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RUSTLING OAKS
Handsome 2-story Virginia farmhouse, c. 1993, nestled on 4.09 acres in the highly sought-after community of Rustling Oaks on Garth Road just minutes from UVA, Farmington, and Boar’s Head. Private end of cul-de-sac location with stream flowing at back of property. Great floor plan with large well-proportioned rooms, 4,470 fin. sf., gorgeous hardwood flooring, large, master suite, office above 2-car attached garage, large deck for outdoor living and entertaining, full unfinished basement with roughed-in bath. MLS #614704 $1,385,000. Steve McLean, 434.981.1863
JOHNSON HOUSE
3-BR, 2-BA Virginia farm house nestled in historic district of Covesville, located only 14 miles south of Charlottesville. Mostly open front pasture with nice pond in front. Remainder of acreage is wooded to top of back ridge. Century Link internet. MLS#613228 $516,500 Mark Mascotte, 434.825.8610
503 Faulconer Drive| Charlottesville | VA 22903 | office: 434.295.1131 | email: homes@mcleanfaulconer.com
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CRAWFORD’S KNOB
An opportunity to own a deeded nature preserve protected in perpetuity, a chance to purchase and hold wilderness, and to leave it largely unaltered. This property is ideal for the passive enjoyment of wild lands and the conservation minded buyer. MLS#608893 $1,900,000 Will Carr, 434.981.3065
BELLAIR
Rare opportunity to purchase a building lot just under 1 acre in sought-after Bellair. Lush, mature landscaping, partly wooded, stream/creek. Minutes from UVA, shopping, dining, and entertainment. Murray/Henley/Western Albemarle school district. MLS#614627 $375,000 Steve McLean, 434.981.1863
BURNLEY ROAD
Choose your builder and build your dream home on this 8+ private acre lot in Northern Albemarle. Exceptional Blue Ridge Mtn. views with privacy. Close proximity to NGIC, airport, shopping, and University Research Park. Steve McLean, 434.981.1863
CHURCH POINT FARM
944 acres along the lower Chickahominy River with 8 miles of shoreline. The property consists of marsh, farmland, woods, and cypress swamp and is managed for waterfowl, deer, turkey, and dove. Features 3-BR brick dwelling. MLS#2036779 $3,960,000 Philip Reed, 804.833.8325 www.churchpointfarm.com
RIVER LAWN
Delightful combination of wood and pastureland with a spectacular bluff for a building site overlooking the James River in southern Albemarle County. Property is under easement with the Virginia Outdoors Foundation. MLS#569753 $745,000 Steve McLean, 434.981.1863
FRAY’S GRANT
4 fabulous home sites mostly in beautiful hardwoods, gently rolling and PRICED BELOW TAX ASSESSMENTS! Lots range from 21 to 44 acres, private settings and frontage on the Rivanna River. Ten minutes to airport, excellent shopping. Call Jim Faulconer, 434.981.0076 for pricing.
SUNNYSIDE
Large parcel located convenient to Charlottesville and UVA. Exceptional Blue Ridge views, charming farm house (in need of restoration). Under VOF easement, but with divisions into already predetermined parcels. MLS#585228 $4,400,000 Steve McLean, 434.981.1863
FACTORY MILL ROAD
Great 47-acre wooded lot with exceptional privacy, ideal for residential construction. Easy access to I-64 and Route 250 and 20 minutes to Short Pump. Good road frontage on state road and mostly level land. NO HOA. MLS#613846 $375,000 Steve McLean, 434.981.1863
EXCEPTIONAL LARGE ACREAGE
2 wonderful estate parcels in coveted Ragged Mtn. Farm. Excellent building sites, complete privacy, beautiful Blue Ridge mountain views. Murray/Henley/ Western Albemarle school districts. 84.79 acres: MLS#563174 $995,000; 100.22 acres: MLS#563171 $1,100,000 Steve McLean, 434.981.1863
EDNAM FOREST
Wonderfully large 1.5+ acre building lot in Ednam Forest. Build your dream home on this elevated, wooded lot located in a single family community, minutes from UVA and within walking distance to Boar’s Head Resort. MLS#598537 $289,500 Steve McLean, 434.981.1863
503 Faulconer Drive| Charlottesville | VA 22903 | office: 434.295.1131 | email: homes@mcleanfaulconer.com
WWW.MCLEANFAULCONER.COM
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GREENTREES
188+ acres in Albemarle, 12 miles south of Charlottesville on Rt 20. This wooded tract, mostly in planted pines, offers long road with potential for eight 21-acre lots. There is conservation easement potential. MLS#614109 $1,400,000 Tim Michel, 434.960.1124
ASPIAN LAWN
Gorgeous lake and mountain views from 183 scenic acres within 16 miles of Charlottesville. Circa 1750’s residence, 6 bedrooms, 5 baths, 2 fireplaces, and whole-house generator. Guest cottage, barn, lush pastures, and 11-acre lake. MLS#610431 $1,945,000 Steve McLean, 434.981.1863
MARCH 24 - 30, 2021 ISSUE 3012
EAN FAULCONER INC. MCLFarm, Estate and Residential Brokers
NOW IS THE TIME TO SELL!
MARCH 24 - 30, 2021 ISSUE 3012
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UNDER T C CONTRA
UNDER T C CONTRA
SOLD
FOUR SOLD IN BOVE A S DAY PRICE! ASKING
1825 WICKHAM PLACE
748 EXTON COURT
1120 EDMOND COURT
Welcome home! Stroll down the sidewalks of Wonderful two bedroom town home only 8 this picturesque neighborhood perfectly placed minutes to Downtown. Updated and ready between Charlottesville & Crozet. Enjoy an for you to move in. Walk into the sun filled livopen floorplan with large kitchen overlooking ing room with wood burning fireplace. A few the family room. Separate living room gives steps down you will find your spacious kitchtons of flexibility. The morning room is perfect en with dining area and half bath. Upstairs is as a dining room while allowing beautiful nat- your master suite with attached bath plus an ural light to flood the living space. Go upstairs additional bedroom and full bath. Don’t forget to find your master suite with two additional the storage in the attic. Off your dining area bedrooms. The top floor is finished off with is a wonderful screen porch to enjoy on these a large loft and mountain views to use as a beautiful days. The porch overlooks the open home office, study, or playroom. The basement common area behind the property. Enjoy the has a huge multi-purpose/rec room with full benefit of a big backyard with none of the bath. The big unfinished space has room for maintenance since the HOA includes lawna fitness area and tons of storage. Sit on your care! There is also a pool to enjoy all summer. back patio to enjoy the yard & wooded views. MLS# 614564 $235,000 2142 Avinity MLS# 612202 $445,000 1544 Sawgrass Ct
Price Drop!
Under Contract
Complete 1st floor living, lg MBR & BA w/laundry. Hardwoods on main floor. Gourmet kitchen & loft open to LR. Outside patio. $410,000
434.305.0361 paulmcartor.montaguemiller.com/575169 pdmcartor@gmail.com
!
Just a quick walk from Downtown Crozet, you’ll find this wonderful end-unit villa. Walk into the main level to see a wide open floor plan with hardwood floors & natural light flowing throughout. Flexible floor plan has an eat in kitchen & dining room option or you can make the large living room even bigger. Open kitchen with island is ready to entertain guests. Walk out to your large patio with room to grill & socialize. Upstairs you’ll find a master suite with walk-in closet &private bath. A perfect nook is ready for reading or a home office. Two more large bedrooms, full bath, & laundry completes the upstairs. Attic is setup for storage. HOA takes care of the1-3 lawn Sunday pm& snow. MLS# 613574 $289,000
Loop
Open House
2808 Magnolia Dr
2357 Middle River Rd
Peace & tranquility less than 15 minutes from Downtown! Enjoy this wonderful house on over an acre with beautiful mature trees. $469,900
Come enjoy the peace and tranquility of your own lake front retreat! Single floor living home includes both MB & laundry on the main floor. $240,000
paulmcartor.montaguemiller.com/575473
paulmcartor.montaguemiller.com/577468
paulmcartor.montaguemiller.com/576182
SPECIAL INCENTIVES NOW FOR SPRING LISTINGS! ! N e w L is ti n g
BUYERS & SELLERS CALL ME TODAY!
Call Me Today!
434.305.0361
pdmcartor@gmail.com HONORABLE MENTION
Best of Cville Real Estate Agents in 2016 & 2017, and a Finalist in 2018
GE T YO UR HO M E SO LD HE RE !
Best of Cville Real Estate Agents in 2016 & 2017!
Under inventory is low and buyers are in the market. If you have thought about selling, now may be the perfect time. Contact me now to explore your options!
Beautifully upgraded 4 BR townhouse w/mountain views! Open floorplan, perfect for entertaining with private patio. $365,000
Buyers & Sellers!
FINALIST
PUT YOUR HOUSE HERE: ys! Contract in 6 da
Contact me today to find out about our New Listing Program. Let’s get your home
LISTED, UNDER CONTRACT & SOLD! paulmcartor.montaguemiller.com
Price Drop! 920 GARDENS BLVD #200 CHARLOTTESVILLE, VA 22901 WWW.AVENUEREALTYGROUP.COM
4161 Presidents Rd
63 Soapstone Ln
Country living 15 minutes of Downtown & within Albemarle County. This single floor home has beautifully updated kitchen & bathrooms. $260,000
Here’s your chance to live in a 1906 farmhouse with all the style and character while enjoying the conveniences of a modern home. $130,000
paulmcartor.montaguemiller.com/578197
paulmcartor.montaguemiller.com/572219
Semi-Custom Villa Style Homes Surrounding a Pocket Park! From $499,900 Tour our Newest Model Homes and Old Trail Village Tour Tour our our Newest Newest Model Model Homes Homes inin Belvedere inBelvedere Belvedere and and Old Old Trail Trail Village Village
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Be One of the First to Pick Your Homesite!
Pre-Construction Sales Now Open! Sales Center Coming Soon! Currituck Model in Belvedere | 905 Belvedere Blvd, Charlottesville, 22901 Currituck Currituck Model Model in Belvedere in Belvedere | 905 |Belvedere 905 Belvedere Blvd, Blvd, Charlottesville, Charlottesville, VAVA 22901 VA 22901 OPEN DAILY 12-5 Villa Model in |Old Trail Village | 406 Astel Crozet, 22932 Villa Model Villa Model in Old in434-987-6522 Trail Old Village Trail Village | 406 |Astel 406 Astel St, St, Crozet, St, Crozet, VAVA 22932 VA 22932 NorthPointe@craigbuilders.com | craigbuilders.com/northpointe MODEL HOMES OPEN DAILY | 434-973-3362 | craigbuilders.com MODEL MODEL HOMES HOMES OPEN OPEN DAILY DAILY 12-512-5 | 12-5 434-973-3362 | 434-973-3362 | craigbuilders.com | craigbuilders.com
Conceptual images shown. Pricing and design subject to change
Farm, Estate and Residential Brokers 503 Faulconer Drive ∙ Charlottesville ∙ VA ∙ 22903
LACKEY LANE
AUCTION Friday, Apr.9 at 1PM
April
9
Friday
Unique Fixer Upper! Circa 1930’s Railroad House in Covesville. Lovely double front porches. First floor is a separate apartment. Second floor, which is accessed from the back, is at ground level. Come out to see the possibilities! Can be purchased with 1 acre at $185,000 or with 50 acres for $375,000
601 Bridge St Danville, VA
MARCH 24 - 30, 2021 ISSUE 3012
EAN FAULCONER INC. MCLFarm, Estate and Residential Brokers
FORECLO S U R E
5
OLD TRAIL DRIVE
Move In Ready! One level living in Old Trail! Energy efficient home with partially finished basement. Looks deceivingly small from the outside yet there is over 5,000 sq. ft. expertly designed to fit a variety of needs. 6” Castilian walnut floors, large rooms, sizable closets, custom master closet, deep front porch and lovely patio. This home is perfect for entertaining, working and learning remotely. Come visit in person or ask for a virtual tour through FaceTime. Owner is RE agent. $626,000
74-Unit Apartment Community Auction will be held at The Institute for Advanced Learning & Research 150 Slayton Ave, Danville, VA
CALL SHARON
Over 25 years of Real Estate experience. email: callsharon.today@yahoo.com cell: 434.981.7200
Bridge Street Side
WWW.MCLEANFAULCONER.COM
Annie Gould Gallery
Prime Location
Attractive Interior
TERMS SUMMARY: A bidder’s deposit of $150,000 (in the form of a cashier’s check payable to “David Lingerfelt, Substitute Trustee”) is required to bid. Successful bidder must execute Foreclosure Sale Agreement immediately after the sale. Closing to occur within 30 days. Closing can be extended an additional 21 days if buyer adds $150,000 to the non-refundable deposit and presents a commitment letter from a lender satisfactory to the Trustee. No buyer’s premium will be charged. Full terms and conditions available online.
CONTACT Mike Torrence TRF Auctions 434-847-7741
A unique art gallery located in the heart of historic Gordonsville. 109 S. Main Street, Gordonsville, VA • (540) 832-6352 anniegouldgallery
Features: secured entry access, elevators, community room, patio terrace, 24hr maintenance, on-site mgmt. Location: Very attractive location w/ much to offer tenants • Adjacent to the popular Riverwalk Trail • One block from Averett University’s Riverview Campus • Near restaurants, breweries, shops, & attractions incl. the Science Center, Community Mkt, Carrington Pavilion, etc Tax Assm’t: $7,259,000 Value-Add: Foreclosure removes rent restrictions giving an outstanding opportunity to increase rents to market rate. After 3 years, restrictions are removed completely. AGENT ON SITE (appt req’d - call or visit website) • Tue, Mar.23, Noon-4PM • Tue, Mar.30, Noon-4PM • Tue, Apr.6, Noon-4PM • Other dates avail. by appt. DIR TO PROPERTY: Main St. to Memorial Dr. 1/4mi to L on Newton St to R on Bridge St. Property on left.
TRF
AUCTIONS
Torrence, Read, & Forehand
Rick Read CBC Read & Co. 434-455-2285
Colliers Int’l Multifamily Advisors 804-320-5500
TRFAuctions.com 434-847-7741 101 Annjo Court, Forest, VA 24551 | VAAF501
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Attractive Interior
Selling for David Lingerfelt, Substitute Trustee Property: 601 Bridge St, Danville, VA (tax parcel 21459) Type: Occupied Apartment Building - 74 units Occupancy: 93%, opportunity to fill vacancies at mkt rate Buildings: Two historic buildings adapted for reuse: the Tobacco Company Cigar Factory, circa 1894, and the Waddill Printing Company, circa 1926. Redeveloped into apartments in 2004 with two stair and elevator towers added to connect the buildings and provide full ADA accessibility. Size: 87,704 sq.ft. on 1.7 acres
Commercial Real Es
POISE
FEATURE
MARCH 24 - 30, 2021 ISSUE 3012
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CAAR REAL ESTATE WEEKLY WWW.CAAR.COM
T
hese past 12 months have been brutal for many businesses in Central Virginia. And the harm has not been spread evenly. Businesses in the restaurant, hospitality, and events space, have been particularly hard hit. But even there, the burden is uneven. Some large take-out chains are doing fine. Check out the line of cars at Chick-fil-A. Others, who rely on large gatherings, had to press pause. Businesses unable to pivot to new buying and eating patterns closed or are barely hanging on. In many ways, the burden of the pandemic has been carried on the backs of these small businesses. But large or small, national or local, owners are beginning to feel optimistic. With the arrival of spring and good news on the COVID front, many feel the worst may be behind us. These hardest hit sectors may be poised to spark a comeback to a thriving economy and robust commercial real estate market.
Doom and Gloom A walk along Charlottesville’s Downtown Mall reveals a startling number of vacant storefronts. The Downtown Business Association of Charlottesville pegs the Mall’s vacancy rate at nearly 25 percent. While that downturn may be the most dramatic, other business districts are experiencing similar contractions. Experts also predict a continued retrenchment in the office market. Cushman & Wakefield say office vacancy rates will reach almost 16 percent next year, from 10 percent pre-crisis. Pricing and demand for office space in a post-COVID environment may take five years to recover to pre-pandemic levels. Those prone to doom and gloom might look at the seeming glut of new and under-construction Class A office space in Charlottesville and be tempted to think the worst. What looked like a good idea pre-pandemic became a potential liability as COVID worked its way through our
ED FOR A COMEBACK BY CARLA HUCKABEE
Even with that sobering reality, four entrants to the Charlottesville Class A office space are creating a buzz that’s hard to ignore. Jenny Stoner, Associate with Cushman & Wakefield | Thalhimer, says “This is a really exciting time. There is so much optimism with the arrival of spring, the COVID vaccine, and these new developments. It’s sparking great interest.” It’s easy to get swept up in the enthusiasm of the new office buildings: 3Twenty3, Dairy Central, CODE and Apex. At the 120,000-square-foot 3Twenty3 building a block from the Mall, tenants enjoy amenities like the pedes-
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Four Gamechangers
trian plaza, rooftop terrace with Blue Ridge views, bike racks and electric car charging stations. Beyond those niceties lies the real advantage of this cohort of buildings. It turns out their timing is perfect. Stoner says, “Based on where these four buildings were in their construction cycle, they have added all the important COVID-related features: touchless entry, operable windows, upgrades to HVAC systems, space to spread out. Those features are much easier to integrate in new construction.” Dairy Central also is open for business. Its 50,000 square feet of office space is set in a remarkable rehab of the historic Monticello Dairy building. The food hall, event space and residences are a true live/ work/play environment. Jodi Mills, Director of Marketing and Public Relations with Stony Point Development Group, says, “10th & Dairy apartments are targeted to open this summer, with leasing beginning in May. We have a great deal of interest for the
Restaurateurs and shop owners who survived 2020 are counting on a much brighter 2021. Across the region, new openings help to spur and support existing businesses and communities. Perfect for post-COVID, Vision BBQ in Vinegar Hill shopping center offers limited seating. Focusing on takeout and delivery takes advantage of a customer base trained by COVID to do exactly that. After a long delay, Broadcloth restaurant is opening at The Wool Factory, joining Selvedge Brewing and The Workhouse, a boutique wine and coffee shop serving oh-so-good pastries from Cou Cou Rachou. Now you can spend all day dining and imbibing at this Woolen Mills historic rehab gem. Two more upscale restaurants open this spring: The Ridley, located in The Draftsman Hotel on West Main Street, and one in Keswick Hall. The Ridley is one of Charlottesville’s Black-owned restaurants, honoring Dr. Walter N. Ridley, the first Black student to receive a graduate degree from the University of Virginia. Keswick Hall’s reopening follows a complete renovation of 80 guest rooms and suites, a new spa, and new restaurant. Dairy Market’s food hall is filling out. Mills reports “Starr Hill opened in February and the community has been so happy to welcome them back home to their roots, which started in downtown Charlottesville. Ten merchants have opened their doors and spring will bring five additional food stalls, including a Citizen Burger stand, GRN BRGR,
FEATURE
economy. Businesses are reexamining their need for office space. Half a million square feet is not easily repurposed if most of the staff is working from home. Case in point: nearly 800 State Farm employees at the Pantops operations center still work from home. It may be a permanent move.
Restaurants and Shops
MARCH 24 - 30, 2021 ISSUE 3012
state:
180 units.” Those tenants will be an economic engine for the businesses of Dairy Central and surrounding area. The CODE building (Center of Developing Entrepreneurs) is emblematic of the cohort, presiding over the Downtown Mall. Its potential economic impact on Charlottesville’s core can hardly be overstated. CODE’S CSH Development responded to the pandemic mid-construction by upgrading to operable windows and enhanced air quality controls. The natural ventilation, daylighting and building systems exceed LEED standards, adding to the CODE building’s appeal. Its forward-looking design can reconfigure parking spaces as transportation modes evolve. Systems to harvest rainwater for its green roof irrigation reduce its ecological footprint. The September 1st opening is highly anticipated. CSH Development President Andrew Boninti says, “Since January, interest has picked up. We expect to be at 80 percent when we open in September.” That can’t come soon enough for the restaurants and shops on the Downtown Mall. The fourth gamechanger is Apex Clean Energy headquarters on Garrett Street, slated to open this year. The cross-laminated timber speeds construction and boasts environmental advantages. Apex will put Charlottesville on the map for the largest mass timber building on the east coast. Cradle to Cradle Design™ materials and renewable energy will yield zero net energy use across Apex offices. This quartet of innovative buildings is set to recharge Charlottesville and the entire region.
FEATURE
MARCH 24 - 30, 2021 ISSUE 3012
8
Mashu Festival, Manila Street and Maizal, as well as a full-service restaurant.” Charlottesville isn’t the only locality rehabbing a dairy landmark. The former Tastee Freez building in Gordonsville was purchased for renovation by East of Maui Coffee. Nearby Champion Icehouse will open this spring in Gordonsville’s historic Memorial Hall. As Gordonsville shapes itself into a destination location, these new restaurants will be an important draw to the town. Amanda DiMeo, Staunton Economic Development Specialist, reports that Staunton Crossing is filling up, with Chipotle moving into one of three remaining spaces. Some brick-and-mortar retail operations are showing fortitude through the pandemic. Construction on Tractor Supply Company near Lake Monticello is nearly complete with an anticipated April opening. LACED Revival is moving into Orange County’s Locust Grove Town Center, where 12,000 square feet of commercial space is available. Aldi is filling the vacated grocery front in Albemarle Square.
Western State Hospital. This will create a prime industrial or manufacturing site at an ideal location near Interstates 81 and 64. The Staunton Mall was rezoned to include business and multi-family uses, in addition to retail. In Stuarts Draft, The Plant Company of Virginia, based in Crozet, began building a 300,000 square foot greenhouse operation. Work on the former Ladd School site in Waynesboro will accelerate after City Council incentivized timely development. Mitchener Properties, LLC, is expected to demolish the current school and construct six or seven buildings totaling about 70,000 square feet for commercial and retail use. All these moves indicate confidence in the market. Bill Gentry, Broker with Jefferson Land & Realty, sees that optimism play out every day. Concentrating
much of his work in Madison and Greene Counties, Gentry says, “Nobody knows what the future will hold. Some businesses are more resilient than others. I see a certain level of grit in many of the owners here. They have a can-do attitude. I expect most will adjust to whatever this market throws at them and find a way to survive.” Gentry reports “There is brisk interest in the commercial parcels adjacent to the Madison Plaza Food Lion Center. A medical related business has committed, and national retailers are inquiring about the remaining parcels. Directly behind that complex will be a 60-unit Virginia Housing multi-family complex. Also along U.S. 29, the vacated Martha Jefferson medical offices have new physicians’ offices moving in.”
High Density Residential In the category of “they can’t build it
fast enough,” multi-family developments in northern Albemarle and southern Greene Counties continue to explode. According to Gentry, The Knoll on Stone View will open this fall with 212 luxury apartments in Ruckersville. Nearby Terrace Greene is adding apartments and a town center. “You can’t beat the location with easy access to Charlottesville and favorable taxes. Developers are trying to accelerate their projects to beat inflation. There have been significant price jumps in materials. They’re doing their best to stay within budgets.” On the Albemarle County side, 261 apartments at Berkmar Landing are under construction and 320 apartments at the new Brookhill development are fully leased. Stoner says of Brookhill, “They are launching the town center this year with more than 300,000 square feet of office, commercial and retail space, and a hotel. For parking focused businesses, this is a great opportunity to get new Class A space close to Charlottesville. There is strong interest across all sectors in this location.” And nearby, Anthology Senior Living expects to open this fall. From newly planned Wilderness Crossing community in Orange County, complete with an industrial park, to the Rio Hill Shopping Center facelift… From demolitions to cutting edge office towers…Central Virginia’s commercial and business environment is ready to bounce back. Our area is enriched by local start-ups like Apex Clean Energy, DexCom, and Co-Star. As Chris Henry, President of Stony Point Development Group, says, “If we weren’t building these dynamic spaces, we would be at risk of losing these businesses.” And that would be a loss for the entire region. Carla Huckabee writes on high performing real estate.
CAAR REAL ESTATE WEEKLY WWW.CAAR.COM
A Boost from Richmond Finally, there is good news out of Richmond related to COVID restrictions. “Forward Virginia” is moving into expansion mode. Spring weather and the gradual lifting of public health restrictions are coinciding. Outdoor entertainment venues can host up to 1,000 individuals or 30 percent capacity. Alcohol sales are also extended to midnight. With continued progress on vaccination and disease rates, April will usher in more expansions. State Bill 1471 could be an even bigger shakeup for downtown areas. By allowing localities to designate open container districts, the bill will help restaurant and entertainment districts rebound.
Other Commercial and Industrial Moves In the Staunton-Augusta-Waynesboro market, major developments are in the works. DiMeo reports that demolition began on 18 buildings of the former
The Aldi supermarket is supposed to be built at the site of the former Fresh Market location in Albemarle Square
Commercial and Investment Properties For Sale & Lease
9 MARCH 24 - 30, 2021 ISSUE 3012
Last 36 Months $113 Million Sold/Leased 119&Deals Commercial and• Investment Properties For •Sale Lease Last 36 Months • $113 Million Sold/Leased • 119 Deals , ,
FEATURED PROPERTIES Commercial and Investment Properties For Sale & Lease FEATURED PROPERTIES
For Lease
Available
Last 36 Months • $113 Million AvailableSold/Leased • 119 Deals Available Available
For Lease
,
Charlottesville 5th St. 1,600 SF - 7,000 SF Charlottesville 5th St. 1,600 SF - 7,000 SF AvailableAvailable for Lease Join Starbucks for Lease Join Starbucks
FEATURED PROPERTIES Former Walgreens 11,214 SF
ForLease Lease For SaleFor or Sale or Lease
ForAvailable Sale For Sale
Charlottesville 5th St. 1,600 SF - 7,000 SF Harrisonburg Verona Portfolio of 4 Buildings Harrisonburg 7.23 Ac11,214 Mixed Use Available for Lease Join Starbucks Former Walgreens Verona Portfolio of Co 4 Buildings Harrisonburg 7.23 MixedSF Use by Augusta Government Parcel byAc JMU
by Augusta Co Government
Parcel by JMU
For Sale or Lease
Sold
Downtown by Parking Garage
Sold
Harrisonburg 7.23 Ac Mixed Use Parcel by JMU
Staunton 18,000+ SF Building Downtown by Parking Garage
14,000 SF Former Dealership
6,200 SF UVA Medical Building
Leased
Leased
Sold
Sold
Sold
Sold
2,500 SF New Starbucks Woodstock Charlottesville Bank by High School
Leased
8,415 SF Historic Downtown Building
12,120 SF Flex Property Sold Charlottesville Bank by High School
SFSold Shell Gas C-Store 8,4151,700 SF Historic Downtown Building
5.7 Acres Staunton 18,000+ SF Building Charlottesville Rt. 29 Building Stauntonby 18,000+ Downtown Parking SF Garage
Sold
Sold
Charlottesville Bank by High School
Sold Sold
For Sale For Sale
Sold
Sold Leased
Sold
5.7 Acres Acres 5.7 Charlottesville Rt. 29 Charlottesville Charlottesville Rt. 29
For Sale
For Sale
Verona Portfolio of 4 Buildings by Augusta Co Government
5.7 Acres
Harrisonburg Harrisonburg Harrisonburg Former Walgreens 11,214 SF Former Walgreens 11,214 SF
Leased SF Flex Property 12,120
Sold Sold
14,000 SF Former Dealership
Leased Charlottesville New Starbucks Drive-Thru Sold 14,000 SF Former Dealership
Charlottesville New Starbucks Leased Drive-Thru
6,200 SF UVA Medical Building Sold
30,000 SF Warehouse-Distribution Property 6,200 SF UVA Medical Building
30,000 SF
Sold Warehouse-Distribution Property
Sold Charlottesville Bank by Duners
8,415 SF Historic Downtown Building
12,120 SF Flex Property
6,100 SF Carilion Medical Clinic
Charlottesville Bank by Duners Over $361 Million Sold/Leased in Last 17 Years
44 Bank Branches in VA & NC 30,000 SF Warehouse-Distribution Property
Sold
2 Acres 7-11 C-Store
BankBranches Branches in NCNC 4452 Bank inVA VA& &
Property Types Include: Shopping Centers, Office Buildings, Gas Stations, Apartments, Mini-Storage, Industrial Buildings, Hotels Serving Local, Regional, National Clients Charlottesville Bank by Duners
2 Acres 7-11 C-Store
44 Bank Branches in VA & NC
2903 N. Augusta Street Staunton, VA 24401 • PO Box 5017 Charlottesville, VA 22905 Over $361 Million Sold/Leased in Last 17 Years
CAAR REAL ESTATE WEEKLY WWW.CAAR.COM
Sold
2 Acres 7-11 C-Store Charlottesville New Starbucks Drive-Thru
Property Types Include: Shopping Centers, Office Buildings, Gas Stations, Apartments, Mini-Storage, Industrial Buildings, Hotels Serving Local,17 Regional, Over $361 Million Sold/Leased in Last Years National Clients 2903 N. Augusta Street Staunton, VA 24401 • PO Box 5017 Charlottesville, VA 22905 Property Types Include: Shopping Centers, Office Buildings, Gas Stations, Apartments, Mini-Storage, Industrial Buildings, Hotels Serving Local, Regional, National Clients 2903 N. Augusta Street Staunton, VA 24401 • PO Box 5017 Charlottesville, VA 22905
Spring Listings
BAREFOOT FARM
• Comfortable, manageable Keswick Estate • 38 acres, 3 separate parcels • English cottage style main residence • Seperate guest cottage • 6 stall shed row barn • Spectacular private setting with pond • Opposite Castle Hill and adjoins Keswick Vineyard • Glorious westward mountain views and sunsets • $1,795,000
FREE UNION
LAKE ANNA WATERFRONT • • • • • • • •
•
Country elegance Quality craftmanship Custom built Main floor master suite 4,564 sq. ft. finished living space 10 ft ceilings (2) 3 car garages 3,199 sq ft unfinished basement $1,525,000
LLANDAFF FARM
IN D PE N
D
IN
G
• Western Albemarle • Brick 6,189 sq. ft. residence • 6 bedrooms and 5 baths • 9 ft. ceilings and hardwood floors • Main floor master suite • Private rear screened porch • $819,000
PE N
• Lake Anna parcel • 83 acre parcel • Mix of open pasture and mixed hardwoods • 3,500 linear frontage along Lake Anna • Multiple building sites • Farmhouse, barn sold AS-IS • $2,499,000
CNOC TIRIM G
WIND RIVER
CAAR REAL ESTATE WEEKLY WWW.CAAR.COM
• Located in Southern Albemarle • 48 acre turnkey horse property • 3 stall barn and 3 board fenced pastures • Stocked 2 acre lake • 4,300 sq. ft. main residence • Hardwood floors and vaulted ceilings • Remodeled kitchen with quartz counters • Main floor master suite with remodeled bath • 1,897 sq. ft. of road frontage with 11 division rights • $1,250,000
EX N C E LU W SI VE
BROOK HOLLOW EX N C E LU W SI VE
MARCH 24 - 30, 2021 ISSUE 3012
10
• 25 acre Rivanna river front estate • 14 ft. ceilings and hardwood floors • Renovated gourmet kitchen • Burn / green house • Extensive landscaping • $1,185,000
HILLTOP HOUSE IN SCOTTSVILLE • Located within 10 miles of Charlottesville • 19.80 acres offering privacy • 3 rented cottages • Cell tower lease revenue • Annual gross income $46,000+ • $765,000
• Renovated Cape Cod • 4 bedrooms and 3 baths • Finished basement • Separate 2 story masonry building • Additional lot • $425,000
Steve White (434) 242-8355 info@stevewhiterealtor.com
stevewhiterealtor.com
27 Years of Specializing in Buyer & Seller Representation for Residential, Farms & Estates
1100 Dryden Lane Charlottesville
REALTORS®
Did You Buy During the 2006 Boom?
MARCH 24 - 30, 2021 ISSUE 3012
Find Homes Team
11
Did YouDid BuyYou During Did BuyYou the During Did Buy 2006 You the During Boom? 2006 Buy the During Boom? Did 2006 You the Did Boom? Buy 2006 You During Buy Boom? DidDuring the You2006 Buy theBoom? During 2006 Boom? the 20
Integrity & Service is Our Motto!
434-337-3216
Cynthia Hash
Associate Broker/Team Leader
Keller Williams Realty 3510 Remson Ct # 301 Charlottesville VA 22901, 434-220-2200. If you have a relationship with another Realtor, this is not considered a solicitation. Fair Housing Compliant. Licensed to sell real estate in Commonwealth of VA. Each office independently owned & operated.
Integrity & Service Integrity is Integrity Our Motto! & Service & Service Integrity is Our Integrity is Our Motto! & Service Motto! Integrity & Service is Our &isService Our Motto! Motto! is Our Motto! Cynthia Hash Cynthia Hash
434-337-3216
Associate Broker/Team Associate Leader Broker/Team Leader Associate Broker/Team Leader
New Homes in the City of Charlottesville, Albemarle, and Louisa County Decorated model shown by appointment located at 210 Glenleigh Rd, Charlottesville VA 22911 Evergreenhomebuilders.com | 434.282.4584
CAAR REAL ESTATE WEEKLY WWW.CAAR.COM
METICULOUS CRAFTSMANSHIP AND TIMELESS FINISHES
MARCH 24 - 30, 2021 ISSUE 3012
12
HOME SALES Live STATS It Up ENDING THE WEEK OF MARCH 21, 2021 THERE WERE 84 SALES IN THE 11 COUNTY AND CITY AREAS n 32 were in Albemarle with an average price of $603,316 n 10 were in Charlottesville with an average price of $401,994 n 10 were in Fluvanna with an average price of $319,529 n 7 were in Greene with an average price of $338,021 n 3 were in Louisa with an average price of $583,781 n 9 were in Nelson with an average price of $456,667 n 1 was in Orange with a price of $435,000 n 5 were in Staunton with an average price of $218,200 n 7 were in Waynesboro with an average price of $283,543
HOMES SOLD
THE 1928 FOWLER STREET BELVEDERE
928 MONTICELLO AVENUE BELMONT
151 PARK DRIVE VILLAGE OAKS
Staff:
EDITORIAL COORDINATOR
Celeste Smucker • editor@caarrew.com
MARKETING SERVICES Beth Wood beth@caarrew.com • 434.817.9330
101 CHERRYWOOD CT SPRING CREEK
300 S ELLISON LANE WAYNESBORO
104 JOAN CIRCLE STAUNTON
CAAR REAL ESTATE WEEKLY WWW.CAAR.COM
LOCAL GOVERNMENT (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
www.charlottesville.org Real estate tax rate: $.95 per $100 www.staunton.va.us Real estate tax rate: $.95 per $100
CITY OF WAYNESBORO
www.waynesboro.va.us Real estate tax rate: $.90 per $100
ALBEMARLE COUNTY
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
MADISON COUNTY
www.madisonco.virginia.gov Real estate tax rate: $.68 per $100
NELSON COUNTY
www.nelsoncounty.com Real estate tax rate: $.72 per $100
Faith Gibson ads@c-ville.com • 434.817.2749 xt. 25
DESIGNER
CAAR
Tracy Federico designer@c-ville.com
The REAL ESTATE WEEKLY is published weekly by the CAAR Real Estate Weekly, Inc., a wholly owned subsidiary of the Charlottesville Area Association of 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
ORANGE COUNTY
www.nelsoncounty.com Real estate tax rate: $.61 per $100
308 E. East Main Street • Charlottesville, VA 22902 Tel.: 434-817-9330 • e-mail: ads@caar.com Send your news and/or press releases to editorREW@gmail.com
13 MARCH 24 - 30, 2021 ISSUE 3012
#showcvillelove Charlottesville businesses need support right now more than ever before. That’s why Charlottesville Insider is joining with Blue Ridge Outdoors magazine and C-VILLE Weekly to sponsor the Show C’ville Love Gift Card Giveaway. Each week starting February 14, we’ll be giving away two $100 gift certificates to a Charlottesville business of the winners’ choice. It’s easy to enter for a chance to win, and here’s how you do it: Post photos on Instagram and Facebook doing the following things and use #ShowCvilleLove. Tag the local business and location if applicable. Exploring the outdoors | Eating at a local restaurant | Picking up curbside | Shopping or visiting a local business Participating in a class (outdoors/social distancing or virtually) | Visiting outdoor breweries/wineries etc... Staying in a Charlottesville hotel or other lodging | Doing something nice for someone (Showing some love) Anything else you love to do in Charlottesville
CAAR REAL ESTATE WEEKLY WWW.CAAR.COM
#showcvillelove
A DREAM HOME IS GREAT, BUT THE RIGHT ONE IS BETTER. Let an agent who knows guide you.
$199,900
GREENE CO
$463,315
Hidden Hills Subdivision
133 BLUE RIDGE DR
$424,900
SOLD
Bev Nash
434-981-5560
• Solid 1024 sf, 3 bed, 1 bath home on 5.47 acres • Lush pasture and a separate storage building • Large eat-in kitchen with high ceilings • Year-round water for horses, cattle, or gardens • Mountain and pasture views off back deck • Property line to middle of Swift Run, a trout stream
$589,000
Steger Creek Troy, Va
Ruth Guss
434-960-0414
• 4 Bedrooms, 2 1/2 Baths, 4,588 Fin. Sq. Ft • New Home to be Built on 4.79 Acres • First Floor Master Suite with attached Garden Bath • 5” Engineered Hardwood Floors on Main Level • 2 Car Garage, Crown & Chair Molding • 10’ x 20’ Morning Room, 2 Zone HVAC
4209 HAWKINS LANE
Shannon G. Hudson 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
$535,000
$99,900
SIMILAR TO PIC
Dan Corbin • • • • • • • •
434-531-6155
To Be Built, Elegant One Level Living on 2 Ac 2800 sq ft. 4 Bed, 4 1/2 Ba Finished Bonus Room Up Open Great Room, Dining and Spacious Kitchen, Walk in Pantry 9ft Ceilings, Granite, Upgrades Galore, 2-Sided Gas Fireplace LVP, Ceramic Tile, Carpet, 20 SEER HVAC, Foam Insulation No HOA, Well and Septic, 6 Miles to I64, 20 minutes to Cville MLS 613824
Piney Mountain Subdivision, Palmyra
10+ acre Lots
GOT PLANS? LET’S BUILD!
Dan Corbin 434-531-6155 • Gorgeous NEW 10+ Acre Homesites • No HOA, Common Sense C&Rs, Firefly • Close to the Lake, Dining, Shopping, Schools • Ready to Build? Be in Your New Home Summer 2021 • Your Choice of Remaining Lots - $109,000 • Call for A Personal Tour - MLS 602023
434.985.0021 410 West Main Street Charlottesville, VA 22902 Downtown
Candice van der Linde 434-981-8730 • Country Living in Convenient Location. • Private Stocked Pond & almost 5 acres in Albemarle County • Main Level Master Suite • Eat In Kitchen w Stainless Appliances • Covered rear deck & Finished Basement • Covered Front Porch w View of your pond & pasture • MLS# 605931
$599,999
31 ASHLAWN BLVD
Pat Burns
434-465-4444
• Sitting amidst estates and horse properties this beautiful 5 acre lot in Keswick area for sale to build your dream home. Convenient to Charlottesville, Gordonsville. 99,900.
517 LEXINGTON AVE
$945,000
SALE PENDING
Lori Click
434-326-7593
• Beautiful Lake Monticello Waterfront Property • Location, Location, Location. • 4 Bedrooms, 3 Baths • 102 Feet of Water Frontage, Dock is 53’ x 12’, Kayak Rack • Sunroom - Views From Most of the Windows
Candice van der Linde 434-981-8730 • • • • • • • • •
Quintessential Charlottesville Notable Victorians on Lexington Ave Extensively renovated Redesigned character in all bathrooms, Master suite created on 3rd level Tremendous banquette seating & abundant light Ornate fixtures throughout convey Unique shelves, custom art features & organic tile and Onyx detail. Large level fenced yard
434.974.1500 943 Glenwood Station Ln Suite 203 Charlottesville VA 22901