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43 E Cedarmeade Ave, Winchester, VA, 22601

$3,250,000

9.95 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #VAWI2004844
Lot Size9.95 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 43 E Cedarmeade Ave

21, 25, 37, 41 E Cedarmeade Ave. parcels included. Unique development opportunity in the City of Winchester on 11.90 acre +/- assemblege of parcels just off S. Pleasant Valley Rd. Currently zoned MR (Medium Density Residential). By right single family dwellings allowed with 8K SF lots. Comp Plan shows mixed use residential/commercial development. Also possible may be a single use "for sale" townhouse development. All would require PUD overlay rezoning which is allowed in the MR District. Rezoning to CM-1 (Commercial Industrial) also possible for uses such as a flex space business park or other prospective owner purposes. Right of way dedication/reservation required by City for future street extension (approx. 1.30 acres). All rezoning's must be approved by the City of Winchester Common Council (City Council). All prospective purchaser development or use concepts to be fully vetted on ability to comply with the City of Winchester goals for the site and, if necessary, the timely execution of the rezoning or approval process. Seller's Realtor representative to be kept fully apprised of progress during any rezoning or approval process. Sketch development concept drawings available. Call or email for further information.

Property Details

Property Features

Listing Office:

  • Office Name: Merrifield Realty, LLC
  • Office Phone: (540) 662-5794
  • Listing Agent: CHRISTOPHER A MOLDEN

Virtual/3D Tour

  • Virtual Tour: 43 E Cedarmeade Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 9.95 Acres

School Info

Assigned Schools Information:

  • John Handley High School, Public District Grades 9-12
  • Daniel Morgan Middle School, Public District Grades 5-8
  • Frederick Douglass Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: S. Pleasant Valley Rd to E. Cedarmeade Ave. 600Ft Property on Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,250,000

Tax Information:

  • Annual Amount: $6,741
  • Tax Year: 2018
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Housing Market Comparison

See how this home compares to others in Winchester, VA.

Med. Sold Price

$371.9K

Med. Price/SqFt

$203

Avg. Days On Market

30

# of Sold Homes

76

43 E Cedarmeade Ave vs Winchester

132 DAYS ON ROCKET

+102 Days

$3,250,000

+$2.8M More

KEY TAKEAWAY

This property is $2.8M more than the Median Sold Price in Winchester, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VAWI2004844

Listing Office:

  • Office Name: Merrifield Realty, LLC
  • Office Phone: (540) 662-5794
  • Listing Agent: CHRISTOPHER A MOLDEN

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2024, 10:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $740,800
2020 - $740,800
2019 - $740,800
2018$6,741$740,800
2017$6,741$740,800

History based on county public records data.

Payment Calculator

$16.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,810

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-8988622
2
/10
  • Frederick Douglass Elementary School

  • 100 W Cedarmeade Ave

  • 0.17 miles

  • Public District Grades PK-4

Middle School

school-card-donut-8988623
4
/10
  • Daniel Morgan Middle School

  • 48 S Purcell Ave

  • 2.52 miles

  • Public District Grades 5-8

High School

school-card-donut-8988624
3
/10
  • John Handley High School

  • 425 Handley Blvd

  • 1.92 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,500. The majority of Winchester, VA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 43 E Cedarmeade Ave

What is the listing price of this property?

The listing price of 43 E Cedarmeade Ave property is $3,250,000.

What type of property is this?

The property 43 E Cedarmeade Ave is land located in Winchester, Virginia, 22601.

Is this property for sale now?

Accepting Backup Offers: 43 E Cedarmeade Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 43 E Cedarmeade Ave are:
Frederick Douglass Elementary School: GreatSchools Rating 2/10
Daniel Morgan Middle School: GreatSchools Rating 4/10
John Handley High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2018 is $6,741 (source: MLS/based on county public records data).

How much acreage is this property?

The property 43 E Cedarmeade Ave is 9.95 acres.
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Rocket HomesVirginiaWinchester2260143 E Cedarmeade Ave

This home is located at 43 E Cedarmeade Ave in Winchester, VA and zip code 22601. This home sits on a 9.95 acre lot. It has been listed on Rocket Homes since December 28, 2023 and is currently priced at $3,250,000.

In April 2024 more than 34 listings in Winchester, VA were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 25 were sold below. The number of homes for sale in Winchester, VA increased by 16.6% between March 2024 and April 2024. The median list price of listings available in April 2024 was $371,916, while the average time on the real estate market was 30 days.

From Rocket Homes Real Estate and based on county public records data.

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