481 Race Ground Road
481 Race Ground Road
$2,000,000
12,675,960 / 291
Sold 8/15/23
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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....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.
- Listed by JUSTIN H. WILEY • WILEY REAL ESTATE-ORANGEP: 540-672-3903 C: 434-981-5528 justin@wileyproperty.com
Property Details for 481 Race Ground Road
Subdivision
NONE
DirectionsFrom Madison: Take 29 S to left on 230. Go 1 mile to a right on 231. Go 7 miles to a right on Race Ground Road.
WaterIndividual Well
ZoningA-1 Agricultural
ViewMountain View, Pastoral View, Water View
Location
LISTING UPDATED: 08/16/2023 02:03 PM
Property Details for 481 Race Ground Road
Status | Sold |
---|---|
MLS # | 638885 |
Days on Market | 124 |
Taxes | $2,085 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Agricultural |
Year Built | - |
Lot Size | 291.00 AC |
County | Madison County |
Location
Virtual Tour
Building Information for 481 Race Ground Road
Lot Size291.00 AC
Payment Calculator
$11,089 per month
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Property Information for 481 Race Ground Road
Property History for 481 Race Ground Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 481 Race Ground Road
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 2 | |||
Public - | 3 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Madison Primary School PublicPK to 2 | ||
Waverly Yowell Elementary School Public3 to 5 | ||
William H. Wetsel Middle School Public6 to 8 | ||
Madison County High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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