$2,000,000
$2,200,000
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481 RACE GROUND RD Somerset, VA 22972
291 Acres Lot
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
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Bought with Default Agent • Default Office