*** Please view the Offering Memorandum in the Documents tab for additional information*** Introducing a unique opportunity to purchase an established, income-generating rental community of seven single-family homes on individual parcels in Albemarle County totaling 168 acres. Minutes from the Tasting Room & Tap House at Mount Ida Reserve and downtown Scottsville, the Farms at Jefferson Mill is a beautiful neighborhood of colonial homes situated over 250 acres of rolling hills with extensive road and river frontage. The homes are thoughtfully constructed with similar footprints for easy management. Each home occupies its own platted, 20-acre lot and boasts hardi-plank siding, 2,100 square feet of living space, 4 bedrooms, 2.5 baths, attached 2 car garage, 20 x 12 deck and an 1,100 square foot unfinished walk-out basement roughed in for an additional bedroom and bathroom. In addition to the existing homes, the assemblage offers four additional buildable lots plus another 12 development rights on the remainder of the acreage for a total of 16 additional homes that can be constructed by-right. Existing infrastructure (underground electric and fiber) are in place. The entirety of the opportunity at The Farms at Jefferson Mill, which includes nine total single-family homes currently generates approximately $277,000 of rental income annually. With the opportunity at 6414 Jefferson Mill Rd, a grouping of seven of these consecutive homes are offered, which generate $202,000 pro forma rent. Additional by-right developments offer extensive upside for a rarified investment opportunity.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 2011
Living Area: 3,200 SqFt
Listing Office:
Office Name: TTR Sotheby's International Realty
Office Phone: (202) 234-3344
Listing Agent: Daniel M Heider
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Parking Information:
Parking: Driveway
Lot Features
Lot Information:
Lot Size: 25.28 Acres
Utilities
Utilities Information:
Heating: Heat Pump
Cooling: Central Air
School Info
Assigned Schools Information:
Monticello High School, Public District Grades 9-12
Leslie H Walton Middle School, Public District Grades 6-8
Scottsville Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: 20 S left on Carter Mtn Rd, right on Secretary's Rd, right turn at 4-way stop on Rolling Rd, immediate right on Jefferson Mill Rd, 3.5 miles to lot on right
Price Information
Listing Price Info
Price Summary:
List Price: $4,995,000
Price Per SqFt: $1,561/SqFt
Tax Information:
Annual Amount: $2,416
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #VAAB2000306
Listing Office:
Office Name: TTR Sotheby's International Realty
Office Phone: (202) 234-3344
Listing Agent: Daniel M Heider
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.
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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
3
/10
Scottsville Elementary School
7868 Scottsville School Rd
Distance between this listing and this school3.80 miles
Public District Grades PK-5
Middle School
6
/10
Leslie H Walton Middle School
4217 Red Hill Rd
Distance between this listing and this school6.66 miles
Public District Grades 6-8
High School
3
/10
Monticello High School
1400 Independence Way
Distance between this listing and this school9.92 miles
Public District Grades 9-12
Assigned Schools
3
/10
Scottsville Elementary School
7868 Scottsville School Rd
Distance between this listing and this school3.80 miles
Public District Grades PK-5
Nearby Schools
2
/10
Paul H Cale Elementary School
1757 Avon St Extended
Distance between this listing and this school9.87 miles
Public District Grades PK-5
5
/10
Stone Robinson Elementary School
958 N Milton Rd
Distance between this listing and this school11.14 miles
Public District Grades PK-5
Assigned Schools
6
/10
Leslie H Walton Middle School
4217 Red Hill Rd
Distance between this listing and this school6.66 miles
Public District Grades 6-8
Nearby Schools
4
/10
Fluvanna Middle School
3717 Central Plains Rd
Distance between this listing and this school10.37 miles
Public District Grades 5-7
1
/10
Buford Middle School
1000 Cherry Ave
Distance between this listing and this school11.90 miles
Public District Grades 7-8
Assigned Schools
3
/10
Monticello High School
1400 Independence Way
Distance between this listing and this school9.92 miles
Public District Grades 9-12
Nearby Schools
5
/10
Fluvanna County High School
1918 Thomas Jefferson Parkway
Distance between this listing and this school8.95 miles
Public District Grades 8-12
7
/10
Murray High School
1200 Forest St
Distance between this listing and this school12.77 miles
The neighbors living near this home have an average income of $72,647. Most Albemarle County, VA residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6414 Jefferson Mill Rd
What is the listing price of this property?
The listing price of 6414 Jefferson Mill Rd property is $4,995,000.
What type of property is this?
The property 6414 Jefferson Mill Rd is a house located in Scottsville, Virginia, 24590.
Is this property for sale now?
Active Listing: 6414 Jefferson Mill Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 6414 Jefferson Mill Rd are: Scottsville Elementary School: GreatSchools Rating 3/10Leslie H Walton Middle School: GreatSchools Rating 6/10Monticello High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,416 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 6414 Jefferson Mill Rd has 4 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 6414 Jefferson Mill Rd is 3,200 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 6414 Jefferson Mill Rd is 2011.
Interested in 6414 Jefferson Mill Rd? Let's connect.
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This home is located at 6414 Jefferson Mill Rd in Scottsville, VA and zip code 24590. This 3,200 square foot home, which was built in 2011, sits on a 25.28 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 24, 2022 and is currently priced at $4,995,000.
In March 2024 more than 39 listings in Albemarle County, VA were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 32 were sold below. In March 2024 in Albemarle County, VA there were 10.6% more homes for sale than in February 2024. While the average time on the market in March 2024 was 44 days, the median list price was $542,000.
From Rocket Homes Real Estate and based on county public records data.
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. 
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