Waterfront
Address
481 Race Ground Road Somerset, VA
Price
$ 1,775,000
Property Attributes
  • MLS#1000402996
  • TypeLand
  • CountyMADISON
  • CitySomerset
  • NeighborhoodNONE AVAILABLE
  • Zip22972
  • StyleAgriculture,Residential,Livestock
  • Taxes3897
  • Price$ 1,775,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size360 Acres
Listing Provided Courtesy Of:
Gayle Harvey Real Estate Inc
Property Description

This productive Madison County cattle farm of approximately 360+/- acres offers fertile soils and gentle topography. This is one of the nicest cattle farms in Central Virginia. The property has extensive frontage on the Rapidan River and beautiful distant Blue Ridge Mountain views. It is located less than 2 hours from D.C. & 35 minutes from Charlottesville. Just minutes from the town of Orange in the beautiful Somerset estate area.

Price History
4/16/2018 Listed $2,500,000
8/2/2018 10% - $2,250,000
6/24/2019 12% - $2,000,000
11/4/2019 3% - $1,950,000
6/15/2020 9% - $1,775,000

General Features

Additional Parcels Y/N No
Association Y/N No
Condo/Coop Association Y/N No
County MADISON
Current Use Agriculture, Residential, Livestock
High School District MADISON COUNTY PUBLIC SCHOOLS
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 0.11
Property SubType Land
Property Type Land
Real Estate Owned Y/N No
Sewer Septic Exists
Tax Year 2017
Vacation Rental Y/N No
View Mountain, Pasture, Water
Water Access Y/N Yes
Water Body Name Rapidan
Zoning A1FP

Exterior Features

Fencing Partially, Other
Horse Amenities Horses Allowed
Horse Y/N Yes
Lot Features Partly Wooded, Private, Stream/Creek, Cleared, Backs to Trees
Lot Size Acres 360.00
Lot Size Area 15899400
Lot Size Source Estimated
Lot Size Square Feet 15681600.00
Navigable Water Y/N No
Roadresponsibility Private
Water Body Type River
Water Oriented Y/N Yes
Water Source Well
Water View Y/N Yes
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 22972

Price
AVG $510K
$1.78M
Taxes
AVG $1,294
$3,897
Visits
AVG 123
195

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