Views
Listed By:
Norman Realty, Inc.
Address
7705 James Madison Highway, Gainesville, VA
Price
$ 3,500,000
Property Attributes
  • MLS#VAPW2054286
  • TypeContingent
  • CountyPRINCE WILLIAM
  • CityGainesville
  • Zip20155
  • StyleResidential
  • Taxes$ 10852
  • Price$ 3,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size16.45 Acres
Data Source:
Bright MLS
Property Description

16.447 acres or prime residential land for development and/or horse farm use in 2 adjoining parcels. (7A1 and 8A1) This property had been an active horse farm. Property adjoins Breyerton Estates on the rear which is a community with houses assessed in the $1 million range and on the South with Harper's Station, an upscale senior living community as well as Legacy Ridge Memory Care. Immediately to the south of these properties are Townhouses and the Madison Crescent commercial and office Center. The price is based on an immediate sale as is or as adjusted upward tied to an agreed higher land use contingencies or densities.

Price History
7/5/2023 Listed $3,500,000

General Features

Sewer Septic Exists,Public Sewer,Within 50 FT
Possession Settlement
Zoning A1
View Pasture
Property SubType Land
Tax Year 2023
Current Use Residential
Percent Ownership Fee Simple
County PRINCE WILLIAM
Property Type Land
HOA / Comm Assn No
Water Access Y/N No
Status ACTIVE UNDER CONTRACT
Directions Property is located about 1/2 mile north of Route 29 (Lee Highway)
ModificationTimestamp 2024-03-12T14:50:55
City GAINESVILLE
Buyer Agent Compensation 2.5
Zoning Description Agricultural that may permit 1 acre lots.
Lot Size Square Feet 716562.00
Tax Assessed Value 1032500.0
Waterfront Y/N No
Street Name JAMES MADISON
Tax Annual Amount 10852.0
Clean Green Assessed Y/N No
Price Per Sq Ft 4.88
Additional Parcels Y/N No
Vacation Rental Y/N No
Days on Market 252
Standard Status Active Under Contract
Legal Subdivision BLUE RIDGE FARMS
Tax Lot 8A1 AND 7A1
Buyer Agent Compensation Type % Of Base

Interior Features

Street Suffix HIGHWAY

Exterior Features

Lot Features Cleared
Water Source Well,Public,Within 50 FT
Inclusions 3,392 SF Manor House with basement efficiency apartment and oversized 3 car garage,Inground swimming pool,stable with 7 horse stalls and 2nd floor office and deck,1,900 SF workshop,several small outb
Land Use Code 131
Water View Y/N No
Lot Dimensions 650' road frontage x 1,230' deep
Lot Size Acres 16.45
Road Frontage Length 650
Lot Size Units Square Feet
Lot Size Source Estimated
Horse Y/N Yes
Horse Amenities Stable(s)
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Estimated

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 20155

Price
AVG $900K
$3.5M
Taxes
AVG $6,978
$10,852
Visits
AVG 255
464
Data Provided by Inside Real Estate®

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