Foreclosure
Listed By:
Merrifield Realty, LLC
Address
43 E Cedarmeade Avenue, Winchester, VA
Price
$ 3,250,000
Property Attributes
  • MLS#VAWI2004844
  • TypeContingent
  • CountyWINCHESTER CITY
  • CityWinchester
  • Zip22601
  • StyleVacant
  • Taxes$ 6889
  • Price$ 3,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size9.95 Acres
Data Source:
Bright MLS
Property Description

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.

Elementary School Middle School High School
Frederick Douglass Elementary School Daniel Morgan Middle School John Handley High School
Price History
12/12/2023 Listed $3,250,000

General Features

Sewer Public Sewer
Utilities Cable TV Available,Electric Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
Possession Settlement
Zoning MR
Topography Gently sloping.
Property SubType Land
Tax Year 2022
Current Use Vacant
Percent Ownership Fee Simple
Additional Parcels Description 21,25,37,41 E. Cedarmeade Ave.
County WINCHESTER CITY
Property Type Land
HOA / Comm Assn No
Possible Use Development
Water Access Y/N No
Status ACTIVE UNDER CONTRACT
Directions S. Pleasant Valley Rd to E. Cedarmeade Ave. 600Ft Property on Left.
ModificationTimestamp 2024-04-03T13:02:06
City WINCHESTER
Buyer Agent Compensation 2.5
Disclosures None
Lot Size Square Feet 433378.00
Tax Assessed Value 740800.0
Waterfront Y/N No
Street Name CEDARMEADE
Tax Annual Amount 6889.0
Clean Green Assessed Y/N No
Price Per Sq Ft 7.5
Additional Parcels Y/N Yes
Vacation Rental Y/N No
Virtual Tour
Days on Market 28
Standard Status Active Under Contract
Tax Lot 2
Buyer Agent Compensation Type % Of Gross

Interior Features

Street Suffix AVENUE

Exterior Features

Water Source Community
Land Use Code 1
Water View Y/N No
Lot Size Acres 9.95
Lot Size Units Square Feet
Lot Size Source Assessor
Other Equipment None
Topography Description Gently sloping.
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 22601

Price
AVG $550K
$3.25M
Taxes
AVG $3,092
$6,889
Visits
AVG 136
243
Data Provided by Inside Real Estate®

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