Listing ID636844
Sold For$4,150,000
Price/SqFt$567.56
StatusSold
Sold Date8/28/2023
Bedrooms10
Total Baths5
Full Baths5
SqFt 7,312
Acres 160.330
CountyNelson
SubdivisionNONE
Year Built2015
Property TypeResidential
Property Sub TypeDetached
160 ACRES OF PURE BEAUTY WITH 4 ADORABLE LOG CABINS, LAKE, MOUNTAINS & FARMHOUSE. Log cabins rest on a beautiful lake with stunning mountain views from every angle. Property provides 360 mountain views with views from the elevated dome that are breathtaking This very profitable and well managed resort has opportunities for expansion. Perfect building site elevated above the lake would be a perfect wedding venue, winery, or home site. Infrastructure in place to build 2 more cabins by the lake. Farmhouse provides another living quarter or could be rented for additional income. The cabins stay booked year around and provide a unique place for people to relax. Revenues of $338,978 in 2020 and $362,289 in 2021. Revenues can easily be increased by renting out the farmhouse. Prime location only minutes away from Wintergreen Resort, vineyards, breweries and 30 minutes from the Charlottesville area. Business and business assets sold with the property.
Listing courtesy of TOWN REALTY
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Andrew Baldwin

600 E. Water St. Suite C
Charlottesville, VA 22902
emma@corecville.com
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