Lot 1 Preston Ave , Charlottesville, VA 22903

$1,495,000
  • Lot 1 Preston Ave , Charlottesville, VA 22903 Main Photo

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New to the Market ACTIVE
LOT SIZE 0.730 acres MLS#675999
STATUSACTIVE PROPERTY TYPELand - Residential SCHOOLCHARLOTTESVILLE CITY PUBLIC SCHOOLS

Property Description

Opportunity to purchase 9 home sites located in the heart of Charlottesville! The portfolio consists of 9 continguous or near-continguous parcels zoned R-A (Low Density Residential). While "Low-Density" traditionally implied single family homes, the new "Charlottesville Zoning Ordinance could possibly permit up to 3 units per lot by-right, and up to 6 unites with affordability bonuses. The opportunity to develop a residential cluster of homes that meet the growing demand of walkable housing in the City of Charlottesville is waiting for a developer with a desire to build and make a significant impact in the local real estate market. A short walk to Washington Park and Recreaction Center with pool. Additional information available on approved plans.

Lot 1 Preston Ave | MLS# 675999

This land located at Lot 1 Preston Ave , Charlottesville, VA 22903 is currently listed for sale with an asking price of $1,495,000. The property has approximately 0.73 Acres. Lot 1 Preston Ave is located within the CHARLOTTESVILLE CITY PUBLIC SCHOOLS school district. Search Charlottesville real estate on rdelong.montaguemiller.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.73 Acres
Taxes: $14,651

Feature Descriptions

Lot Dimensions: 0.73 Acre(S)
Sewer: Public Sewer
Water: Public

Local Schools

High School: CHARLOTTESVILLE
School District: CHARLOTTESVILLE CITY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE
Agency Phone: 4349515155

Shown By

Agent Name: Ruth DeLong
Agent Phone: (434) 987-8783
Agency Title: Montague Miller & Co. Realtors

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Estimated Payment

$ 4,984.18 per month $3,327.22 Principal & Interest $1,220.92 Property Tax $436.04 Homeowner's Insurance

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