Somerset, VA 22972 481 Race Ground Road
$1,775,000
Sold: Dec 28, 2020
36 more
Presented By: Gayle Harvey with Gayle Harvey Real Estate.
Home Details
This Madison County Farm of 365+/- acres offers grazing land, crop land, equipment buildings, two homes & frontage on the Rapidan River. The established pastures have cross-fencing & automatic waterers. Recreational opportunities abound---fishing, hunting, fox hunting & canoeing. This property offers great privacy and nice distant Blue Ridge Mountain views. Less than 2 hours from D.C. & 35 minutes from Charlottesville. Just minutes from wineries, great restaurants & Montpelier. The land is not under a conservation easement
Presented By: Gayle Harvey with Gayle Harvey Real Estate.
Interior Features for 481 Race Ground Road
Bathrooms
Full Baths0
Half Baths
Total Baths
General for 481 Race Ground Road
Additional Parcels Y/NNo
Association Y/NNo
Attached Garage No
Buyer FinancingConventional
Carport Y/NNo
Close Price1775000.0
CountyMadison
Days on Market902
DirectionsFrom Charlottesville: Rt. 20 North to Somerset. Rt. 231 West, Take left of Race Track Road. At 90 degree right turn, turn left into driveway.
DisclosuresDisclosureonFile
Elementary SchoolMadison Primary
Garage Y/NNo
High SchoolMadison
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
MLS Area236 - Madison
Middle/Junior High SchoolWilliam H. Wetsel
MobileHomeRemainsYNNo
New ConstructionNo
Other StructuresBarns
Ownership TypeCorporation
Percent OwnershipCorporate
PossessionCloseOfEscrow
Possible UseFarm, Investment, SingleFamily, Timber
Property Attached Y/NNo
Property Sub Type AdditionalResidential, UnimprovedLand
Property SubTypeResidential
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerSepticTank
Standard StatusClosed
StatusClosed
Street NameRace Ground
Subdivision NameNone
Tax Annual Amount3898.0
Tax Assessed Value2807174
Tax Year2017
UtilitiesElectricityAvailable
View Y/NNo
Waterfront FeaturesCreek, RiverAccess
Waterfront Y/NNo
Zoning DescriptionA1 Agr
Exterior for 481 Race Ground Road
Crops Included Y/NNo
FencingFenced
Horse Amenities HorsesAllowed
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesAdditionalLandAvailable, Pasture, Wooded
Lot Size Acres360.0
Lot Size Area360.0
Lot Size UnitsAcres
Open Parking Y/NNo
SpaNo
Water SourceWell
Mary Burgess
Associate