Somerset, VA 22972,481 RACE GROUND RD
Somerset, VA 22972,481 RACE GROUND RD
Somerset, VA 22972,481 RACE GROUND RD
29
$2,000,000
$2,200,000
9.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

291 Acres Lot

481 RACE GROUND RD Somerset, VA 22972

Est. payment /mo
SOLD DATE : 08/15/2023

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $2,000,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision None Available

MLS Listing ID 638885

Sold Date 08/15/23

HOA Y/N N

Originating Board CAAR

Annual Tax Amount $2,085

Tax Year 2023

Lot Size 291.000 Acres

Acres 291.0

Property Description

Glenwood, circa 1850 located in the Somerset area of Madison county. The 291 acres are mostly open with exceptional soils ideal for horses, cattle, or crops. Pastures have good fencing, and automatic waters. The farm has long frontage on the Rapidan River, and has a significant stream running through the property. Wonderful views of the Blue Ridge, and South West Mtns at numerous locations on the property. The historic frame house has a brick foundation with two floors above an English basement. The house has four bedrooms, and two full baths, and is in need of renovation. Additional structures include an 1850 summer kitchen, two bedroom tenant house, numerous cattle barns, cattle feedlot and equipment sheds. Farm is an ideal candidate for a conservation easement. Located within two hours of DC, and thirty minutes to Charlottesville. Property is being sold in as-is condition.

Location

State VA

County Madison

Zoning A-1

Interior

Fireplace N

Exterior

Fence Other, Electric, Wire

View Mountain, Park/Greenbelt, Water

Street Surface Gravel

Road Frontage Private

Garage N

Building

Lot Description Marshy, Sloping, Open, Partly Wooded

Sewer Septic Exists

Water Well

Schools

Elementary Schools Madison Primary

Middle Schools Wetsel

High Schools Madison (Madison)

School District Madison County Public Schools

Others

Ownership Other

Special Listing Condition Standard

Read Less


Bright MLS (BMLS)
Listed by JUSTIN H. WILEY • WILEY REAL ESTATE-ORANGE
Bought with Default Agent • Default Office

GET MORE INFORMATION

Azieza Kazlak

REALTOR® | License ID: 1751218

+1(201) 705-0103

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.