Real Estate Weekly| 9.6.2023

1322 OAK TREE LN

Seller offering Closing Costs or Points buy down with acceptable offer! Charming Split Level Home in the most central community of Oak Forest. Updated 4 Bedroom & 2.5 Bath Home featuring 2 Brick Fireplaces, Natural Hardwood Floors & Large Private Fenced Yard. NO HOA! Location, Location, Location!

Near the Shops at Stonefield, Albemarle High, Journey Middle & Greer Elementary Schools. Steps from Maintained Walking & Biking Trails- Charlotte Humphris Park, Proximity ACAC Adventure Central, Barracks Road, Hollymead and CHO Airport. Close to EVERYWHERE you want to be. NEW Stainless Steel Appliances, NEW Granite Counters,NEW Maple Kitchen Cabinets, NEW Skylights, Freshly Painted inside & out, REAL Refinished Hardwood Flooring & NEW Luxury Vinyl Flooring in Foyer,all Bathrooms & entire Lower Level. NEW Deck in back yard. Sump Pump: 2021 HVAC: 2015 Water Heater: 2014

8901 CHESTNUT GROVE RD

Newly Finished Albemarle County Home on 5 Acres with Stream and level private yard. ALL NEW: Roof, Kitchen Appliances, Stack Washer & Dryer,Pella Double Hung Windows, Open Kitchen with gorgeous Wood Counters, Beautiful cabinets & open wood shelving; with mounted microwave. Laundry area off rear covered Deck leads to beautiful private yard. Your 5+ Acres consists of level grassy area leading to wooded private acreage which continues to a natural stream. You cannot beat this property and located just a few miles from Scottsville, North Garden & Walnut Creek Park. Come see today!

3203 COMMUNITY HOUSE RD

WOW! Check out the New Price & ALL the Bonus Included Features~ Massive value added to this property, including the Shed & Play set! Home is Renovated, Move in Ready Ranch on 4 Acres. Quick Drive to Pantops & Short Pump! IDEAL LOCATION! HUGE 24 X 31 Garage with LIFT; steel exterior, concrete foundation 8” deep under lift & 5” deep elsewhere. Separate 120 AMP to garage... sufficient for welding or other workshop needs. Creek runs through the property from a natural spring. Also include Playset & Shed!! Verizon service used now 5G. Century Link Internet. Firefly Fiber is said to be coming within 12 months. Triple Osmosis Water Filtration System. NEW Well Pump & motor 2023. Water Heater 2022. Carpet in Bedrooms 2023. Septic Pumped 2022.

122 JEFFERSON HWY

Timber Oaks Subdivision is a shovel ready Mixed-Use Development with a Variety of Housing types as well as 2 Commercial Blocks on Route 33.Conceptual Plans include 2 Entrances; 2 Phases & 3 Blocks. From Route 33 the Commercial block is located at the entrance followed by a Higher Density Residential Block and then Lower Density Single Family Block at Pine Ridge Dr Entrance. This also includes almost 4 acres for Green Space (IE: Park; Playground; Tree Preservation Area). Opportunity Awaits!

RUGBY AVENUE

Peace and Quiet in the City Super cute brick home in the best city location, convenient to everything!

Tastefully renovated and updated. Easy one floor living. Off street parking and plenty of on street parking for guests. Great, fenced backyard.

‘The new status quo’

Two entities now share ownership of former Martha Jeff hospital site, though no major changes planned

By Sean Tubbs

Adozen years have passed since Sentara Martha Jefferson Hospital completed its move from a location near downtown Charlottesville to a new facility on Pantops in Albemarle County.

This summer, two entities purchased the two halves of the 8.34-acre site for $38.9 million. A firm going by the name Octagon Partners bought the property in September 2010 for $6.5 million under the name 459 Locust Charlottesville Owner. Hospital operations moved east a year later.

The CFA Institute purchased a portion of the site two years later for its international headquarters. This summer, the firm announced the sale of 915 E. High St. to Lo-Hi LLC for $21.9 million, but CFA will remain on site.

“We will take this opportunity to build out our office space in a more modern design and in keeping with the dynamic work environment brought on by hybrid work arrangements,” says Marty Colburn, CFA’s chief operating officer.

CFA now occupies about a third of the building, with the remaining office space leased to other entities, according to John Pritzlaff, senior vice president at Thalhimer.

“Companies are certainly pushing their employees to go back into the office, but they’re on a hybrid basis,” Pritzlaff says, meaning companies are using less space,

although statistics show a return to offices is happening.

Three parcels making up the northern portion totaling 3.843 acres sold on August 22 for $17 million to a firm called MJH Acquisition LLC. Pritzlaff says the two are not related. These three parcels were split off from the rest of the former hospital property on August 7.

459 Locust Ave. features a mixture of 43 one- and two-bedroom rentals under the name Locust Grove. 501 Locust has been developed as office space with tenants such as HemoShear Therapeutics, Varian, Locus, and Lumin. There’s also a 5,000 square-foot vacancy, according to Pritzlaff. The website for the apartments gives the hint that the structures won’t be going anywhere soon.

“The energy used to construct Locust Grove in 1952 is saved through its rehabilitation, providing the green foundation,” reads the sales website.

The overall property has not been used as a hospital site since operations moved to the new facility on Pantops in August 2011. The former medical site opened as the Martha Jefferson Sanitorium in July 1904, named after the daughter of the third president. Operations expanded in the 1970s, creating a bigger impact on the neighborhood that shares the name.

Twelve years after the big move, Pritzlaff says the community can expect the new status quo.

Fabulous, nearly level building lot in the heart of Ivy. A beautiful, private 5 acres with mature oak trees. Murray Elementary school district. $375,000

Annie Gould Gallery

“We will take this opportunity to build out our office space in a more modern design and in keeping with the dynamic work environment brought on by hybrid work arrangements.”

The current owners of the former Martha Jefferson Hospital site purchased the 8.34-acre property earlier this summer for $38.9 million.

VILLA DESTE

22-acre equestrian property with renovated 8,575± fin. sf home overlooking pool and Mechums River. Views of the Blue Ridge Mtns. and only 12 miles from Charlottesville. MLS#640137 $3,195,000 Steve McLean, 434.981.1863 or Court Nexsen, 646.660.0700

Crozet, enjoy views from every window in this classic 1919 Virginia farmhouse on 5 acres. Convenient to everything Charlottesville has to offer and just a stone’s throw to area vineyards, breweries, orchards, and downtown Crozet. This beautiful home has been lovingly updated with a new standing seam roof, electrical, HVAC, plumbing, furnace, and paint inside and out, a new 700 sq. ft., garage/workshop. Organic garden, greenhouse, outdoor shower, sprawling front porch, rear deck, and high-speed fiber internet. $924,900 Tim Michel, 434.960.1124

LAFAYETTE

Beautifully appointed Keswick estate on 92 acres with first floor suite and 5 additional BR. Gourmet kitchen, great room, home theater, and covered porch with FP. Oversized garage with guest suite. The land is not under conservation easement. MLS#643578

$3,195,000 Court Nexsen, 646.660.0700

RUNNING DEER DRIVE

One-level brick home on 3.25 acres. Convenient one level floor plan with 3-BR and 2-BA. Total kitchen update, hardwood floors, new roof, and oversized deck. Level, partially fenced lot. Easy access to Charlottesville, UVA, I-64. MLS#643033 $469,000 Charlotte Dammann, 434.981.1250

BELMONT LOFTS

This 3 bedroom, 3.5 bath condo features extra high ceilings, a modern and open floor plan with huge windows and doors, and a large rooftop terrace with views of the Downtown Mall all the way around to Monticello. MLS#634149 $1,790,000 Jim Faulconer, 434.981.0076

GREENFIELDS FARM

212 acres with stately 1904 residence, extensive equestrian facilities, 25 miles from Charlottesville and UVA. Purchase with 753 acres at $6,295,000. Tranquil setting with creeks, pond. MLS#640175 $2,850,000 Steve McLean,434.981.1863 or Court Nexsen, 646.660.0700

NORTHWOODS

Magnificent 16.5 acre estate with stately c. 1860 main house. Renovated in 2017 with stunning kitchen remodel. Complemented by cottages and 5-bay carriage house. Gracious porches, terraces, and retaining walls. MLS#642190 $4,950,000 Court Nexsen 646.660.0700

HIDDEN FOX FARM

Absolutely breathtaking Blue Ridge Mountain views. Less than 12 miles to Charlottesville and UVA. One of the few remaining farms in NW Albemarle County with over 100 acres that has division rights - no conservation easement. Land is predominantly in fenced pastures, with great water sources throughout, including two lakes. Several great homesites with big views, numerous improvements for a farming operation, c. 1890 farmhouse, eleven stall stable, hay barn, cattle barn and more! MLS#638858 MLS#638858 $4,400,000 Jim Faulconer, 434.981.0076

4-6 bedroom, 5.5 bath, Manor home on 57 acres of tranquility, and panoramic views of the Southwest Mountains and to the west are winter views of the Blue Ridge Mountains 6 miles from Charlottesville. MLS#638292 $2,395,000 Jim Faulconer, 434.981.0076

GREEN ACRES

Pastoral views from this 3 bedroom brick home set on over 159 acres in Southern Albemarle. Ideal for farming with fenced pastures and ample water sources. Property is not under easement and has 4 division rights. MLS#630428 $1,685,000 Steve McLean, 434.981.1863 or Court Nexsen, 646.660.0700

STONY POINTE

HOLLY HILL FARM

MEADOWLARK FARM

GIBSON’S HOLLOW

Ivy area! A 249 + acre hidden, private Arcadia controlling its own little valley up to the mountain ridge top building sites. Multiple parcels and subdivision rights make it a conservation easement candidate. MLS#634183 $3,250,000 Tim Michel, 434.960.1124 or Steve McLean, 434.981.1863

c. 1865, charming horse farm of 7.55 ac. w/ mostly open land & pastures. Historic 3 BR 2 BA home with many upgrades. This tranquil property is situated in a peaceful rural farming area less than 25 mi. to Charlottesville. MLS#644812 $695,000 Jim Faulconer, 434.981.0076 or Will Faulconer, 434.987.9455

FRAYS GRANT

Just outside Charlottesville near Earlysville. This 21 acre lot is situated at the end of a cul-de-sac that provides privacy and a quite setting among towering hardwoods, and is convenient the CHO airport and ample shopping of various kinds. MLS#640231

$269,000 Steve McLean, 434.981.1863

SIMMONS GAP/ ESTES RIDGE

10 acres of mature woods. Property has long road frontage and consists of two parcels being combined and sold as one. No homeowners association! Design and build your dream residence on this very well-priced parcel. MLS#621178

$189,000 Charlotte Dammann, 434.981.1250

ARWOOD

ROAD

Well constructed home just four miles north of the City. Set on 1.45 acres - great outdoor space for gardens. Home is in need of some renovation, but given quality construction & excellent location, it’s worthy of the investment. MLS#638788 $495,000 Will Faulconer, 434.987.9455

MEADOW FARM

436+ acre parcel of land in Southern Albemarle! 4 division rights; complete privacy; long road frontage; stream; 3-acre lake; Under conservation easement. Owner/agent. MLS#634139 $2,985,000 Steve McLean, 434.981.1863 or Court Nexsen, 646.660.0700

GARTH ROAD

11.73 acre, buildable lot in Western Albemarle! One of a kind location and a rare opportunity to purchase a large lot in an estate neighborhood 10 minutes to town. 2 division rights and is gently rolling with a small stream bisecting the property. MLS#628219

$795,000 Steve McLean, 434.981.1863

MILL

HOUSE

Delightful 5 bedroom, 3 full bath, 2 half bath home on 130 acres. Thoughtfully renovated with modern updates. Guest house, pool, equipment shed. Located on Totier Creek. MLS#639196

$2,745,000 Steve McLean, 434.981.1863 or Court Nexsen, 646.660.0700

FAIRWAY DRIVE

Wonderful 3.5 acre waterfront parcel behind Keswick Hall in gated, picturesque Keswick Estate. Bring your own architect, builder. Located 5 miles from Martha Jefferson Hospital and 10 miles from UVA. MLS#641712 $540,000 Court Nexsen, 646.660.0700

EDNAM FOREST

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 or Court Nexsen, 646.660.0700

MISSION

HOME ROAD

146.88 ac. in Albemarle & Greene County, adjacent to the Shenandoah National Park! Full division rights & multiple homesites. Extraordinary timberland. Views of the mountains, along with easy access to trails & Skyline Drive. MLS#620276

$1,100,000 Steve McLean, 434.981.1863

10 miles from Charlottesville. 283 acres, mostly wooded, old farm, some pastures, trails, creeks and river frontage, adjoins Walnut Creek Park. NOT IN EASEMENT, lots of possibilities!

MLS#634310

$1,995,000 Jim Faulconer, 434.981.0076

SHEPHERD’S ABIDING

RED HILL