1ST DEGREE Realty, LLC
Gary DeGree Sr, 1ST DEGREE Realty, LLCPhone: (856) 625-7242
Email: [email protected]
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listing
1 of 60
Single FamilyFor Sale
$52,600,000
510 Mount Pleasant Farm Road
Scottsville, VA 24590
Listed by: TTR Sotheby's International Realty, 2029383685
MLS: Bright MLS
0Beds
Est. Mortgage
$271,612/mo

Mount Ida Reserve is a once-in-a-lifetime opportunity located just outside the vibrant city of Charlottesville, Virginia, and only minutes from the stunning Trump Winery, Albemarle Estate, and The University of Virginia. Nestled in the heart of Southern Albemarle County along the historic Blenheim Road, this extraordinary property is surrounded by world-class attractions, including Monticello, Ashlawn Highland, Dave Matthews' Blenheim Vineyards, Grace Vineyard, and Steve Case's Early Mountain Vineyard. This premier location offers a unique chance to own a piece of Virginia’s most distinguished landscape. The former estate of Bernard Arnault, Mount Ida Reserve, has been meticulously transformed over the past two decades by its current owners. Boasting more than twice the acreage of nearby Trump Winery & Estate, this property stands out for its unparalleled scale and physical features, including miles of private river frontage, stunning mountain views, rolling hills, fertile farmland, hardwood forests, and a privately owned 45-acre lake with pristine beaches. Free from conservation easements, the property offers endless possibilities for development or preservation. The owners have invested significantly in infrastructure throughout the expansive acreage, creating a fully equipped and modernized estate. Highlights include high-speed fiber-optic connectivity, miles of underground power lines, a concrete dam, 15 miles of paved roads, 25 miles of board fencing, and multiple automated wrought iron gated entrances. The property is also supported by five diesel backup generators and features 25 springs, ensuring unmatched self-sufficiency and security. An impressive collection of structures enhances the estate, including large manor homes and single-family residences, award-winning event facilities, stable barns, storage buildings, and more. This exceptional property is ideal for a family compound, corporate retreat, flagship corporate campus, or a long-term investment opportunity. With 150 by-right parcels, Mount Ida Reserve is also uniquely positioned for future development. Alternatively, it presents an attractive option for conservation or stream impact easements, offering significant tax benefits. The estate includes well-trained, experienced staff for seamless management and operations, making it a turnkey investment. Additionally, a comprehensive hotel study for a 100-key hotel, prepared by HVS, is available for review. Whether envisioned as a private sanctuary, an iconic event venue, or a development opportunity, Mount Ida Reserve represents an unparalleled offering in one of Virginia’s most celebrated regions.

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This data is up-to-date as of 11/29/2024 06:41 AM. Listing provided by Daniel M Heider of TTR Sotheby's International Realty.
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